Re: USING REALTORS ON FLIP DEALS - Posted by SCook85
Posted by SCook85 on January 22, 1999 at 16:37:48:
Your realtor can become your friend. Why does everyone take the attitude that the realtor is the enemy and that you have to keep secrets or not tell them what you are doing and so on. My realtor knows everything that I do. We bacame friends and I tell her exactly what I am doing. We had a selling agent call her up one time and say “I know he is trying to flip that property” (as if I were doing something wrong). Her response was “you are absolutely right, he is not trying to hide it, do you have a problem with it?”. He couldn’t say anything. Contract was signed, non-assignability clause was crossed out and their was nothing he could do.
It helps when they know what you are doing. It takes awhile to develop those relationships. My realtor will look at homes for me now and let me know what she thinks they are worth and I make offers without looking at the homes. She calls me whenever something new comes up. I live in a different part of town then she does. She checks out everything in her part of town so I don’t have to. This came as a result of establishing a relationship. I consider her a friend. I’ve bought a number of homes through her.
Find a realtor that you get along with. Let them know your plans. If they are not open to what you want to do they never will be. When you find an open minded person whose personality meshes with yours you can get something good going. Don’t think of them as the enemy, my realtor is an asset to me.