Comps

[Helixpoint]

How do you find the comps in the area?

Dave

[jackhaydon]

I am a realtor who works as a Buyer's Agent, that means I wiork with investors to help them buy houses. So, I will answer from my perspective.

If you work with a good Buyer's Agent, he/she will run comps using the software provided in the MLS tools the realtor pays for to be a realtor.

Jack Haydon

[Helixpoint]

Any other ways to get comps

[wasj]

hire an appraiser.

[Helixpoint]

How do you find Buyer's Agents

[jackhaydon]

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I am a realtor who works as a Buyer's Agent, that means I work with investors to help them buy houses. So, I will answer from my perspective.

I recommend that you:

1. ask friends and business associates for referrals, or
2. attend a local chamber of commerce after hours or breakfast networking session and interview realtors to find someone who will work for you.

[Helixpoint]

So how does the buyers agent benifit from me?

[jackhaydon]

I am a realtor who works as a Buyer's Agent, that means I work with investors to help them buy houses. So, I will answer from my perspective.

A Buyer's Agent works with just a few investors (if he/she is smart), and specializes in making those investors successful. A smart Buyer's Agent will focus on 10 investors - that will be his/er customer base - total.

So, in summary a Buyer's Agent can build his/her business relatively quickly and have a stable income stream with excellent service to a limited number of repeat customers.

In summary, a Buyer's Agent gets paid by the Seller for bringing the Buyer, but the agent (by law) is loyal to the Buyer (definition of single agency).

Jack Haydon

[Helixpoint]

Well. Ya got me confused. A wholesalers gets comps from a buyers agent. Does the Wholesaler pay the buyers agent Or is there something the Wholesaler can provide the buyers agent?

[jackhaydon]

I am a realtor who works as a Buyer's Agent, that means I work with investors to help them buy houses. So, I will answer from my perspective.

Sorry that I was not clear, the Buyer's Agent gets paid at closing for the transaction - period. end of story - no other compensation should occur.....

Jack Haydon

[jackhaydon]

I am a realtor who works as a Buyer's Agent, that means I work with investors to help them buy houses. So, I will answer from my perspective.

A wholesaler sells homes to retailers, and Buyer's Agents need customers who close homes.

So, develop a Buyer's Agent for your network (wholesaler and retailers).

Create the Buyer's Agents customer base for him/her and have him/her focus on your business success. Everyone wins.....

Jack Haydon

[wasj]

a buyer being represented by an agent may have to compensate that agent if the buyer decides on a for sale by owner, or an mls listing without compensation or without adequate compensation to the agent.  unless jack works for free, from his perspective.

[jackhaydon]

I am a realtor who works as a Buyer's Agent, that means I work with investors to help them buy houses. So, I will answer from my perspective.

Jack picks his customers carefully.............

[wasj]

Wise Man

[jackhaydon]

no exclusive buyer contracts are required when a trusting and long term business relationship is establish