First Steps: Search for properties Print them out Put in 3 ring binder (EZ to show, Appointments, No Appointments) Whole punch the listings and put them in binder Put repair sheet behind listing What to Look at on MLS Sheet: ● Property Address Beds/Baths/Total Rooms ● Basement or Attic (finished?) ● Zoning (other uses/hidden potential) ● List Price ● Driveway/Garage ● Lot Size ● Remarks ● Fuel type ● Taxes ● What Type of Sale (REO, Short Sale, Estate, Corp, etc.) ● Who is the Agent (Do you recognize their name?) ● Agent Showing Instructions ● DOM (Days on Market) ● OLP (Old List Price) ● Owners name (Is it a bank or estate sale, etc) ● Pictures ● When does Listing Expire? ● Calling to Get Access: Get Agent ID from MLS listing Look up agents inventory to to get access to see if they have anything else that’s good Call them and congratulate them on their success as an agent Intro yourself that you’re an agent/investor (acknowledge) Tell them an investor and only have your license (if you do) to get access to properties and that you’re to save on commission when you sell and that you waive your commission on properties a because it’s conflict of interest if you waive commission. don’t If just an investor tell them you buy houses cash in the area. you’re
First Steps: Search for properties Print them out Put in 3 ring binder (EZ to show, Appointments, No Appointments) Whole punch the listings and put them in binder Put repair sheet behind listing What to Look at on MLS Sheet: ● Property Address ● Beds/Baths/Total Rooms ● Basement or Attic (finished?) ● Zoning (other uses/hidden potential) ● List Price ● Driveway/Garage ● Lot Size ● Remarks ● Fuel type ● Taxes ● What Type of Sale (REO, Short Sale, Estate, Corp, etc.) ● Who is the Agent (Do you recognize their name?) ● Agent Showing Instructions ● DOM (Days on Market) ● OLP (Old List Price) ● Owners name (Is it a bank or estate sale, etc) ● Pictures ● When does Listing Expire? Calling to Get Access: Get Agent ID from MLS listing Look up agents inventory to see if they have anything else that’s good to get access to Call them Intro yourself that you’re an agent/investor and congratulate them on their success as an agent (acknowledge) Tell them that you’re an investor and only have your license (if you do) to get access to properties and to save on commission when you sell and that you waive your commission on properties because it’s a conflict of interest if you don’t waive commission. If you’re just an investor tell them you buy houses cash in the area.