Investor friendly Realtor specialist Audra Diggs enjoys working with real estate investors.
With low inventory she has found success reaching out to other real estate agents to find deals for her clients.
Transcript:
Chris Bounds 00:02
Are you preparing for this low inventory market?
Audra Diggs 00:08
With a lot of patience and with my investors it’s like just pound the pavement. I think that for me getting deals with them right now is just working with other agents in my network of, “Hey, we’ve done a deal in the past. What do you have coming up on the market and staying in contact with them?”
If they have something off market, they’re sending it to me because we’ve worked with each other in the past. And with my traditional buyers, a little more challenging just because of the obvious. We’re getting beat down with multiple offers and appraisal contingencies being waived and paying 10s of 1000s of dollars more for properties. Again, patience and I know that one of my recent clients was contacting an agent, “Hey, in the certain area do you have anything coming up?”
And yes, I do. I said, “I’ve got this buyer. They’re very qualified.” We’ve been beat out several times, which I know is what all agents are confronted with right now. I’m just like having that established network of other realtors that I’ve worked with. That’s kind of helping my buyers in this crazy market.
Chris Bounds 01:24
It’s being proactive and reaching out to your network to make sure you’re not getting any unfair advantage. It’s just being prepared. I mean, you’re being prepared to move on something quickly because by the time date to day three on market. I mean, look, let’s face it. They’ve got some offers on.
Audra Diggs 01:47
Right.
Chris Bounds 01:48
Depending on how it is positioned it very well. Probably this, you know ask or even higher.
Audra Diggs 01:56
Yeah. I don’t think it’s an unfair advantage at all. I’ve sold hundreds of homes. I’ve helped sellers, buyers, investors and traditional clients. So I think it is just being proactive communicating. It doesn’t hurt that I’ve worked with several of these agents before and I was advantageous for my clients but not unfair. Just staying in touch with agents and asking them what’s going on. I mean, everybody kind of knows it’s hairy out there. But at the end of the day, if somebody wants to sell their property and somebody wants to buy that property. Just having good connections.
Chris Bounds 02:38
It is an unfair advantage in the sense that they have you. Not all the agents can do that.
Audra Diggs 02:44
Right.
Chris Bounds 02:44
I mean, if you’re the order taker buyer’s agent. Like you’re just waiting for showing you a listing and you also want an offer for you. I mean, one, you’re probably not representing your client very well. It’s going to be challenging for both of you. That you’re not doing that. And that technically, that wouldn’t be the unfair advantage for your clients. You’re putting them in the best possible position to get what they want.
Audra Diggs 03:13
Absolutely. Yeah, I think it is just communication. You can’t just send an offer and expect your client to receive the royal treatment. Right. Do some other work behind the scenes, call up the agents, send them a text or send them an email. Let them know there’s a story associated with your offer. Right.