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First Investor...

By
Real Estate Agent with Keller Williams Realty

     This weekend I met with my first investor.  He is looking for a fourplex and would like to live in one and rent the other units out.  He is looking for his second investment property and I'm looking for my first real estate transaction. I was so excited, nervous, and lost.  Even though I am in an office with three other agents, they are very busy and always in and out the office.  Don't get me wrong, they will answer my questions when they have the time.  I think I just got so excited that my mind went blank.

     The first mistake I made was to not have the investor sign a buyer listing agreement.  Then when we went to look at the property, I was so nervous that I fumbled around with the lock box for a few moments.  The investor was so nice and patient with me.  But once we got inside the property I relaxed and was able to build my confidence up.  

    Now the investor wants me to get alot of information about the property and we even talked about where he would like to start with offers.  But I have to find the right time to slide in the request for a buyer listing if I am going to be his agent and do all this work for him.  Our next meeting is this week.  I believe that if I present the information he is seeking I will be able to get him to sign the listing with me.  I'm open to any advise.