OfflineI'm going to talk to an owner of a house.I did my reasurch.The lot alone is worth the asking price,when the market turns and after upgrades this house will sell for close to a million(beach front proerty)I got around the realtor and found the owners address and phone #.I just have to convince him If the lets me lock it up on assignment I can sell it in 14 days.Anyone have any quik advice.if need be I'll go to the realtor(she is not an acuatl realtor,she is a vacation property manager and is handeling the sale)And offer her a chunk I'm not greedy!This will be my first deal,I do have the gift of gab,from working w/the public for 20 something years.I need a little advive and should I go around her?I'm certin she is getting a comish.Please get back to me,I'm getting dressed an on my way out the door in about 30 minutes
thanks love you all,my DG family
Kimmie in Lake Tahoe
I wouldn't go around the property manager. I guess it was OK to get the name and number of the owner but you will get a rep for doing an end run. Maybe others on here can help more. I am not sure of the etiquette if she is not a RE agent.
Tell us how it goes!
Lauri
" The only difference between me and successful people is they started before me."
by Shane
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Ask why the property is for Sale for less the FMV. Ask if there's still some Mortgage, Tax Leins etc. It is very important. Good Luck on your first. I'll pray you'll put it in contract right away if everything is OK. Blessings to all. LA
Everytime you repeat the words "I CAN DO IT" with conviction, you cancel or override your fear and increase your confidence. By repeating this affirmation over and over, you can eventually build your courage and confidence to the point where you are unafraid. -Brian Tracy-
Is there a particular Reason Why You want to go around the person handing the sale? I wouldn't suggest doing that unless you have good reason to do so. If you can't get it under contract with the option to assign, you might consider using a Hard Money lender or Bringing in a partner. Because if there is as much equity as you say there is you shouldn't have any problem financing the property with private funds..
Good Luck
Jordan
"You gain strength, courage, and confidence by every experience in which you stop and look fear in the face. Do the things you think you cannot do. Tough times never last, but tough people do"
You can still go around her to get any information you need. If the agent has a contract with the seller, they will still get their commission regardless. If they don't have an agreement, they have no legal claim to any part of the deal anyway. Still, I would hate to alienate a person who may have some excellent working knowledge of that particular property. If you need to, go aroung the agent to get the info you need, but still include the manager in any dealings regarding that house. You may make a little less profit, but the good will you develop will go a long way.