Deal honestly with the agent.
Be sure any agent you talk to knows you respect their time.
Bear in mind that any agent who has an exclusive buyer client with the same needs as you will probably run good properties past that exclusive client before showing them to you.
If you are unrepresented, their "own thing" won't involve representing you or your interests, but it WILL involve them collecting the full commission that was already agreed to with the seller in their listing agreement.
In my opinion, you're making this much more complicated then it has to be by looking for somone to work with you...or not.........depending on what you deem to be a need......or not.
I am sure you can find someone to work with - I guess I am just not seeing why you would want this set up - especially if you're moving from another state.
Call or text: 919-576-9299 or Email: TrabuccoK@hpw.com
You can give us a call at (919) 845-9909 if you choose. We are #1 in the Triangle in homes sold, so we obviously know of the properties that might not be easily accessible to you.
I think it will be more beneficial for you and him because he will be more interested in helping you because he will know that you will buy from him sooner or later.
I have been to many investors classes and most of the ethical investors will tell you:
-form your team and pay them well.
The agent will understand that sometimes you are going to need them and sometimes you will not but you can return the favor later to them when you find an un-qualifying property and then you can let the real estate agent to list the house and you will be a team!
Remember Real Estate Agents work on commission basis and if you can find a good real estate agent who understands your needs don't let him go!
When I say agent, what I really mean is the agency. The commission goes to the agent's agency and then a percentage stays with the agency, the rest goes to the agent.
Given this scenario, where are you saving? You may be saving with a FSBO who is already not paying the listing side, though most FSBOs are overpriced.
What is your price point for investment? $25k, $50k, $100k, $150k, $200k...?
These days almost everyone finds their home on the internet. Realtors expect you to do your homework based on your needs and expectations. You are coming from Seattle. How well do you know the areas here and desirable rental areas/prices? Do you know good home inspectors, repair contractors, etc?
I have a team for investors: a contractor, a property manager, and obviously I am the Realtor. I've already had terrible experience with both property managers and contractors so it has taken me time and trials to find who I want to trust with my money and reputation.
I'm curious--do you negotiate with other professionals to reduce their rate, to say that they aren't valuable? I no longer do that because people who provide good service deserve to earn an income.
Good luck with your housing search. I've heard that Seattle is a lovely place to live though rainy. The Triangle is a superb place to live and I'm sure you'll enjoy it here.
And you know the saying: the good ones are busy! And taking time away from long term and loyal clients to work on one deal one time may not be in their best interest and business plan.
Also, in your scenario you would be then looking for the best negotiator, and what the better way to know one but in the process of looking at homes together, trying out several offers and negotiations with that agent.
And the best part, in NC, buyer's agent fee is almost always paid by the other side, and in my agreements buyer never pays.