Does This Make Sense??

Comments(6)

• 
  jam20010th August, 2004

  Perhaps he means that people that still have their houses listed with an agent aren't as motivated to sell as ones who don't? Or, if they're listed with an agent, they've got the agents fee tacked onto the selling price, and the one's not listed don't have it, so he can get'em cheaper.
  
  Or, perhaps he had an "Incident" as a child that involved an agent, and thinks they're all demons! lol
  
  Just guessing, however, I'd go with one of the top two choices above.

• 
  patrecejames10th August, 2004

  thanks for the comment jam200, but can't they still calculate a maximum buying price that would make their desired profit even if the property is listed. I think it eliminates one of your searching tools by eliminating RE agents.

• 
  mattfish1110th August, 2004

  He probably has access to MLS himself and doesn't want to pay a bird dog to find properties he's already seen... Or at least is able to find himself...
  
  I know of a couple investors that do this...
  
  Good Luck!
  [addsig]

• 
  TheShortSalePro10th August, 2004

  perhaps, if he is a slimy, predatory investor/speculator.... he knows that if a real estate broker is involved he won't be able get over as easily on an emotionally distraught, financially unsophisticated homeowner...
  [addsig]

• 
  Bruce11th August, 2004

  Hey,
  
  Birddoging a listed property does NOT make any sense, so the invesor's response does make sense.
  
  He can go to any RE agent in the area and pull every single house that is listed, where would you add value??? You would only add costs.
  
  Birddogs add value by finding house that are not listed (FSBO, vacant, etc.). Concentrate on those

• 
  commercialking11th August, 2004

  I have to disagree with Bruce on this one. Birddogs (and all investors) add value by seeing what no one else has seen. Just because a property is listed doesn't mean its potential has been seen.
  
  The investor/member of the MLS explaination is a good one. More likely he believes that realtors are difficult to deal with.