Thursday, May 1, 2008

Avoid dealing with Realtors

As real estate investors, we buy houses from people that we need to sell, not that people want to sell. When you are dealing with a Realtor, 9 times out of 10 they will show to you are nice houses, owned by people that have no urgency to sell. Avoid dealing with Realtors. Not saying to completely alienate yourself from them - that can be foolish. Just network with them, and let them know if some killer deal comes along, and you can close with cash quickly. Detail about what you are looking for, and that's when they will call you. Don’t go around looking at houses with them. Many realtors are not trained to look for the types of deals that we are looking for. Actually, they will probably tell you that it is not possible to find the kinds of deals that we do.