Agent2Agent in Brooklyn>Question Details

Mills,  in Brooklyn, NY

Need advice on landlord listings

Asked by Mills, Brooklyn, NY Mon Jun 18, 2012

Good Day everyone,

I am mostly a Buyer's agent with access to alot of listings in manhattan but not enough in brooklyn. We don't have alot of agents working in brooklyn i think i'm the only one. I'm very new less than 2 months and even with acme listings is not enough. I did so much research today in trying to find some landlords thats renting with no success because they don't want to deal with brokers. And haven't found any agents that's willing to co-broke.

Any advice would be appreciated im just ready to cut off brooklyn and deal with manhattan. It's sad really because i received so many leads for brookln.

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3
Carla Pennington’s answer
I have a feeling your area is a lot different from mine in a small city in central Texas! I visited New York City for the first time last year, and have to admit that I couldn't imagine how it would be to work in a town that size! Then the TV show caught my eye about real estate in New York City. All I can say is that I wouldn't know where to start, either buying or leasing, so I'm glad there are people who know!

Best of luck finding those landlords! I've found the most business in that regard here came from sellers who decided they want to lease out their homes, or from buyers of retirement properties who want to lease them out for awhile. You might try contacting agents who have properties that have been on the market for awhile. They might not be interested in managing a lease listing, but maybe they would use you as a referral if their sellers are interested. Just a thought....
0 votes Thank Flag Link Sat Jun 23, 2012
How can you be "mostly" anything if you're a newbie agent with less then 2 months under your belt?!? What is quantifying your experience as a buyer's agent??

Annette has good advice and I would say, secure the clients first buyer/renter FIRST, then find them a place. Landlords are tired of the calls.
0 votes Thank Flag Link Sun Jun 24, 2012
Mills,
A far cry from Brooklyn or Manhattan, Dunedin is a literal 'Mayberry' on the Gulf Coast of Florida. I do however, work on a consultative basis with large companies with extensive holdings in Philadelphia.
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The territorial nature of landlords seems to be universal and reflected in the way Philadelphia landlords operate also. They see no need to pay for these renter leads or clients when the are at 97% occupancy already. These folks, however, exert extreme passion, in making certain their marketing is effective..therefore 97% occupancy.
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With this reality, you need to take care presenting what you are bringing to the game? More rental folks! They don't need you?
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First rule of negotiations...
1. What does the other party want/need? Often you must reveal to them the problem and your solution. (Solutions, one of the only four things for which people will PAY)

2. What is most beneficial to you? Hint: What is the most essential resource for agent success?
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I trust you will understand that I have no intent of posting this information on an aggregate website Q & A thread. After all, this is a business, not a hobby. I have however, provided sufficient information for the curious mind to uncover the pathway to a collaborative relationship with these territorial landlords.
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Best of success to you
Annette Lawrence, Broker/Associate
Remax Realtec Group

Got Questions? Get answers!
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0 votes Thank Flag Link Sun Jun 24, 2012
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