This week’s question comes from Mel) on the Real Estate Rookie Facebook Group. Mel is asking: When working with agents,** do your agents help in finding off-market deals), or do you mainly look for those** as they send you on-market deals?
While it isn’t uncommon for agents to have “pocket listings)” (pre-market listings), most agents deal solely with on-market deals, working with buyers and sellers based on MLS listings. If you’re looking to find more off-market deals, you may have to incorporate some deal hunting strategies like driving for dollars)**, sending out direct mail, cold-calling, **and door-knocking.
Here are some suggestions:
Look for** investor-friendly agents** who can bring “pocket listings” to you
Even if you find your own deals, **agents can help draft up purchasing documents **
Find agents who may have new construction) contacts that can bring you pre-market offerings
Ask buyers to** split commission payments** or offer to pay in full to sweeten the deal
And more in the episode…
If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group)! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).
Links from the Show
Real Estate Rookie Rookie Facebook Group)
Real Estate Rookie Youtube Channel)
BPCON2021)
MLS)
Check the full show notes here: https://www.biggerpockets.com/rookie116
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