BEST ANSWER
Maggie Hawk,
Agent, New Smyrna Beach, FL
E,
Through their contacts, Realtors often know of properties that are for sale, but not currently listed. The owners of such properties are usually willing to pay a commission if the agent brings the Seller a Buyer who purchases the home. As Caroline said, a good Realtor should be able to do this for you.
Before searching for property though (whether within the MLS or outside of it), the agent needs to know exactly what type of property you want, and what you're willing to pay for it. If your expectations are unrealistic, your agent needs to tell you that upfront.
I'm surprised that in a market like this, with so much inventory, you haven't found anything you like. Could it be that you're looking for a very unusual type of property? Or are you not willing to pay fair market value for what you want?
Some key piece of information is missing here. How do you know in advance that the houses the agents find are not suitable? What makes them unsuitable? If there is a communications breakdown between you and your agent, try to understand why. Is the agent not hearing what you're saying, or are you not making it clear to the agent what it is you want?
You mention "buyer brokers" (plural). Am I to assume from that that you are working with more than one agent at once? Most real estate agents don't like to put time and effort into working with a customer who is not committed to working with them. As real estate agents, we offer our customers two things of the utmost value--our time and our knowledge. We can't afford to squander either.
Once you find the right agent for you, I believe your property search will be a lot more rewarding.
Warm regards,
Maggie Hawk, REALTOR
(386) 314-1149
Watson Realty Corp.
Through their contacts, Realtors often know of properties that are for sale, but not currently listed. The owners of such properties are usually willing to pay a commission if the agent brings the Seller a Buyer who purchases the home. As Caroline said, a good Realtor should be able to do this for you.
Before searching for property though (whether within the MLS or outside of it), the agent needs to know exactly what type of property you want, and what you're willing to pay for it. If your expectations are unrealistic, your agent needs to tell you that upfront.
I'm surprised that in a market like this, with so much inventory, you haven't found anything you like. Could it be that you're looking for a very unusual type of property? Or are you not willing to pay fair market value for what you want?
Some key piece of information is missing here. How do you know in advance that the houses the agents find are not suitable? What makes them unsuitable? If there is a communications breakdown between you and your agent, try to understand why. Is the agent not hearing what you're saying, or are you not making it clear to the agent what it is you want?
You mention "buyer brokers" (plural). Am I to assume from that that you are working with more than one agent at once? Most real estate agents don't like to put time and effort into working with a customer who is not committed to working with them. As real estate agents, we offer our customers two things of the utmost value--our time and our knowledge. We can't afford to squander either.
Once you find the right agent for you, I believe your property search will be a lot more rewarding.
Warm regards,
Maggie Hawk, REALTOR
(386) 314-1149
Watson Realty Corp.
Jessica Ballas, Realtor,
Agent, Odenton, MD
Yes Eberg, but this is probably not the best way to find a property. Have you set up a home search that notifies you when new listings come on the market? If you are looking in a specific area a good Realtor will know how to target homeowners there with print ads to maybe round you up a showing on something that isn't yet on the market!
Web Reference: http://www.pineyorchardhomes.com
Laura Roskelly, Realtor & ASP,
Agent, Anne Arundel County, MD
Hi Eberg,
Yes, that is possible. But I think it is important to know that all agents share their listings in the MLS. Unless the owner has given specific instructions to their agent NOT to list it in the MLS they have to by law share it with the MRIS members.
So what you are asking is for an agent to search for homes that haven't made it there yet. There are some ways to do this. Specifically, if you have narrowed it down to a specific area or neighborhood you can connect with a Realtor who will market to that area on your behalf. You can also determine what agents are working heavily in that area and let them know you are interested in any new listings they may have coming on the market. Sometimes you can get a sneak preview.
If your agent isn't finding properties that meet your criteria then find someone who can. It is possible they aren't out there. For example if you are looking for a 1st floor office, 2 car garage, finished basement on an acre in 21403 under $200,000 that product doesn't exist. But if your price range and criteria match up with the market you should find several homes to choose from.
Yes, that is possible. But I think it is important to know that all agents share their listings in the MLS. Unless the owner has given specific instructions to their agent NOT to list it in the MLS they have to by law share it with the MRIS members.
So what you are asking is for an agent to search for homes that haven't made it there yet. There are some ways to do this. Specifically, if you have narrowed it down to a specific area or neighborhood you can connect with a Realtor who will market to that area on your behalf. You can also determine what agents are working heavily in that area and let them know you are interested in any new listings they may have coming on the market. Sometimes you can get a sneak preview.
If your agent isn't finding properties that meet your criteria then find someone who can. It is possible they aren't out there. For example if you are looking for a 1st floor office, 2 car garage, finished basement on an acre in 21403 under $200,000 that product doesn't exist. But if your price range and criteria match up with the market you should find several homes to choose from.
Web Reference: http://www.theroskellyteam.com
Nancy Seley,
Agent, Annapolis, MD
Realtors have access to the "hidden" market; i.e., expired listings, FSBO's, and properties not marketed yet but our fellow agents are working on.
Nancy Seley, Realtor
Long & Foster Real Estate Inc.
102 Old Solomons Island Road
Annapolis, MD 21401
(410) 774-6167
http://buyannapolis.lnfre.com
Nancy Seley, Realtor
Long & Foster Real Estate Inc.
102 Old Solomons Island Road
Annapolis, MD 21401
(410) 774-6167
http://buyannapolis.lnfre.com
Daniel Johnson,
Agent, Mitchellville, MD
Some may go the extra mile for you. I do it because personally I think it is a win-win and can help us as agents generate business while simultaneously helping you find unlisted properties. As long as the location is specific and not an entire zip code then I don't see why not, try and keep it to a street/subdivision/cul-de-sac etc...
Caroline York, CNE, ABR, SRES,
Agent, Saint Pete Beach, FL
Yes, interview realtors until you find one that will do the job for you that you expect. With today's technology our clients are well informed before they even come to us so we have to be able to go the extra mile to find what they want. A good realtor knows how to find properties that are not listed yet on the open market. If a realtor sends you information about houses you don't want they are only wasting your time. Let them know and move on to another realtor. Do your homework when finding the realtor and you will not waste time down the road. Buying a home is not an easy process. The real work begins after you have identified the house you want. So make sure you can communicate and that your message is being received!!
Web Reference: http://www.BuyFloridaSell.info
