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Realtor in the way of a Great Deal


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#1 #1investor_cream

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Posted 03 June 2013 - 08:07 AM

What do you do when a Realtor is in the way of a great deal.

The Strategy is a C/A but the homeowner has a Realtor trying to rent out the unit.

The homeowner doesn't want to get rid of the realtor.
But the homeowner is very interested in my C/A strategy.

What should I do?

Erik Collazo

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#2 MichaelC

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Posted 03 June 2013 - 09:56 AM

Agents usually get in the way, don't they? :angry:

The first thing I would do is explain to the homeowner the Agent is going to expect his commission when the homeowner does the CA with you.  If he's cool with that, then so be it.  It's between homeowner and Agent and has no bearing on you.  If a light bulb goes on and the homeowner realizes the folly of paying the Agent for not getting the job done, then perhaps he'll cancel his listing agreement.  But again, that's between homeowner and Agent.  Bottom line:  if the homeowner gives you the go ahead, then do your thing, Erik.



#3 #1investor_cream

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Posted 03 June 2013 - 06:56 PM

I was able to convince the homeowner to cancel the listing
WOOHOO LOL
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Erik Collazo

954.892.5931
collazoerik@gmail.com


"Helping Others Realize Dreams, if They Choose to Realize Them."

C.R.E.A.M


#4 MichaelC

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Posted 03 June 2013 - 07:13 PM

You're not going to make many friends in the realtor community. :P

Good work, Big E.



#5 #1investor_cream

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Posted 05 June 2016 - 01:35 PM

You're not going to make many friends in the realtor community. :P
Good work, Big E.




This one had me cracking up today!! 😹😹😹

Erik Collazo

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collazoerik@gmail.com


"Helping Others Realize Dreams, if They Choose to Realize Them."

C.R.E.A.M


#6 BTI

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Posted 25 June 2016 - 08:15 PM

In the future consider throwing a few bucks to the agent an make them sort of happy. If the agents deal is to rent,the the total commission is usually the first months rent and usually is split with an agent that brings in the renter. So what I am getting usually enough where this amounts to nothing and I can usually turn this agent into a sort of bird-dog or scout instead of a foe.


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#7 LeaseOptionFlorida

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Posted 22 July 2016 - 03:46 PM

It'll always be easier to include the realtor. Because, if the realtor thinks you interfered with his contract he could sue you. Sometimes is better to make friends and make enemies. Just my opinion. And, the agent could help you show houses in the future. Which leaves you with more time to make more offers.

#8 MichaelC

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Posted 22 July 2016 - 05:18 PM

Sometimes is better to make friends and make enemies.

 

 Agreed.  Or, as Michael Corleone said, "Keep your friends close, and your enemies closer." 

A helpful, knowledgeable Agent can be a key cog in your business.


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