wrong agent… - Posted by RRSmith
Posted by RRSmith on November 10, 2000 at 21:53:52:
please get a better RE agent and review you contract again. After reading John Reeds review of the PACTrust I get the feeling that he wishes he had invented it. The (marketing)price point also seems to bother him (that is the worse thing he can say about it??).
How to Get a Good RE Agent (investor type)
The three things I talk over with any future RE agent…
I will be writing up my own contracts and you will have a chance to check them over with me before presenting them, is that OK?
I have pre qualed with a mortgage company (or partner, or 203k lender, etc.) and will be using them instead of your (in house) usually mort. company, is that OK?
then I judge them by how closely they send me to the properties I need to invest in …and usually sign the “be true to your broker form” unless there is a wide disparity between our ideas of “investment” property, ie the agent is just about telepathic…
good stock brokers and good RE agents are a extreme rarity…and very good to have early in your investing career…most RE Investors on this board agree though that after awhile you should do your own work (with a RE lawyer and CPA …etc.)