Home Buying in El Dorado>Question Details

Lottye Clayt…, Other/Just Looking in 11 Kingston Road

I've tried to work with a Real Estate Agent in El Dorado to handle a transaction to find and buy a property

Asked by Lottye Clayton, 11 Kingston Road Sat Feb 23, 2008

in that city. Don't know the city well, and must rely on the professional assistance of an agent. Agent has not been very proactive and I am considering finding another agent to handle my needs. I am doing most of my research by internet, but once I have identified a property that I think I will buy, I will take a trip to El Dorado, AR to see the property. I heed a good agent there who will work with me consistently until I can get a contract. I am a serious buyer and I need a serious agent. My purchase will be a property possibly under $100,000. I am trying to do this business from CA. Could that be why the agent has not been responsive enough?

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My family is from El Dorado. Please be careful purchasing in that area. They have been having some economic trouble there for the last several years. Business have been drying up and many people aren't sticking around. They need some serious reform and if it happens, it will be a slow, slow process.
If I were you, I'd find another agent & another area. Don't get me wrong, I LOVE it down there. My parents still live near there, but I wouldn't buy a piece of property there unless it was timber land, south of El Dorado!
Also, as an investor, you need someone to communicate with you on a regular basis. Not just about the property, but also about the economy. You should have no trouble find foreclosures, pre-foreclosures, short-sales, with the help of a good agent.
I work with investors buying & selling in Northwest Arkansas. Let me know if you would be interested in our area & what you are looking for. We are growing by leaps and bounds and are regularly listed as one of the best places to live & do business, but we have many properties under $100,000!
Thanks for using Trulia. Good luck with your investments!

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1 vote Thank Flag Link Sat Feb 23, 2008
Unless you're retired or thinking of retiring soon, I'd advise you to look elsewhere for a home. There is little to do in El Dorado. However, I moved from CA several years ago with El Dorado in mind (my home town). I was advised the same thing, nothing to do there. I instead set my sights on central AR. I had a friend in real estate where I lived to contact an agent in the Little Rock area who was glad to help me find a home. After months of looking on the internet, I finally set a date to fly down and take a look. With only a week to spare, the agent personally showed me more than 20 properties, and yes I did find one I could live with. I can't say you'll have that experience with El Dorado agents. Unless you have something very definite in mind, they don't seem too interested. Believe me, it's not the same as working with someone in CA.
0 votes Thank Flag Link Fri Feb 7, 2014
I agree with most everything said about El Dorado. Camden, AR is a nice town but has similar economic problems. Magnolia is about 30 miles from El Dorado via US Highway 82. Magnolia does not have most of the problems found in El Dorado or Camden and many choose to live in Magnolia and commute to El Dorado and Camden, Magnolia is also home to Southern Arkansas University which also makes possible a university attitude, activities and opportunities to those who take advantage of them. Economic up & downs are usually milder in Magnolia and the economy has strong underlying factors. Since I am the business mangager at Ray and Associates Real Estate I can assure us we have agents that will be responsive and effective in helping you shop from California should you choose to consider investing in Magnolia, AR
0 votes Thank Flag Link Sun Oct 14, 2012
I personally have worked with Bobbie Dumas at Coldwell Banker Dumas and Associates for several years. I have bought and sold at least 3 homes with her. She is very honest--will tell it like it is! Email me at ablackmon1720@yahoo.com and I would be happy to give you her information.
0 votes Thank Flag Link Tue Sep 25, 2012
Do Not buy anything here!, we moved to El Dorado from Arizona, and I am telling you it has been a nightmare. I would say they are 20 to 30 years behind, also I have never meant so many rude people, house's here are not worth what they are selling them for, racism is all over, and I realize some people want to move to a more slow pace type of town, but it's so slow, and people don;t like to work here, I mean going to the store is a joke, I wish I could explain just how bad it is here, but I would offend even more people. good luck
0 votes Thank Flag Link Wed Jul 25, 2012
Hello Lottye,
I suggest you contact my friends at Century 21 Reed-Whatley-Moore in El Dorado. Jim Moore is very professional and knowledgeable and will not let you down. He will see your purchase to the end and answer your concerns and handle your request quickly. Tell Jim that John Hamilton at Century 21 HSV Realty referred you to him. Get the help you deserve!!
0 votes Thank Flag Link Sun Feb 24, 2008
Google jans realty el dorado she is a long time local and a very honest person. She has her listings on her site and also on ezmls dot com

word of warning... el dorado has hit and miss neighborhoods. 60k to 70k range homes you need to see the neighborhood for yourself in person. 80k to 90k you can get a lot nicer neighborhood in el dorado. You might be able to buy a home sight unseen in that range if you can fly out from Cali. But not in the 60k to 70k range.
0 votes Thank Flag Link Sun Feb 24, 2008
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