Action Academy | Replace The Job You Hate With A Life You Love cover image

How To SURVIVE & THRIVE In The 2024 Multifamily Market (Full Market Analysis & Advice) w/ J Scott

Action Academy | Replace The Job You Hate With A Life You Love

NOTE

Building Strategic Relationships with Brokers in Real Estate

Engaging brokers effectively is crucial in establishing strategic relationships that yield good deals. Initiating contact with brokers even when starting fresh is vital; expressing willingness to receive any deal shows commitment. The strategy involves underwriting the initial deals sent, providing detailed feedback on why they may not work, and in return, requesting better deals. This iterative process not only demonstrates persistence but also builds credibility with brokers, who often dispose of individuals who abandon the search for deals too soon. Over time, brokers come to trust that the engaged buyer will take the time to evaluate deals thoroughly, which leads to increased access to quality opportunities. It’s a long-term investment of effort, but in six months to a few years, it can result in a stream of exclusive deals that competitors may not have access to. Consistent engagement and relationship-building with brokers is key to thriving in the real estate market.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner