3,349,404
I wish you and the seller all the best.
-
Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Richard Weeks
Dallas, TX
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Nina Hollander, Broker
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Barbara Todaro
Franklin, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
67,369
I have had many a pocket listing and understand there are some sellers just not ready to advertise to the general public. I would also post on Craigslist, Zillow as coming soon and anywhere else you can think of. Good Luck to you and I hope you sell it soon!
-
Doug Dawes
Topsfield, MA
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Bob "RealMan" Timm
Minot, ND
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Barbara Todaro
Franklin, MA
-
Mary Yonkers
Erie, PA
-
Nina Hollander, Broker
Charlotte, NC
-
Maeve Becker
Inglewood, CA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
1,056,272
OK, so you do not have an exclusive?
OR, you do, seller just doesn't want it in MLS/listing portals?
-
Doug Dawes
Topsfield, MA
-
Richard Weeks
Dallas, TX
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Lyn Sims
Schaumburg, IL
-
Roy Kelley
Gaithersburg, MD
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
4,582,184
Hmm...many questions. Since you are not a Rainmaker it won't be seen by the public if you promote it via ActiveRain. Is your goal to sell it yourself to investors in your database? Why is it a pocket listing rather than one where it might get a wider audience? Your question prompts more...
Good luck.
-
Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Richard Weeks
Dallas, TX
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Nina Hollander, Broker
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Evelyn M Epperson
Johns Creek, GA
-
Debe Maxwell, CRS
Charlotte, NC
1,846,901
Why do you think a pocket listing is benefiting your seller?
-
Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
-
Barbara Todaro
Franklin, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
5,112,471
A seven day pocket listing for this kind of property is like no listing if you ask me, unless this is the kind of property that has buyers lining up to buy. Why would you take this as a pocket listing?
-
Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
-
Richard Weeks
Dallas, TX
-
Bob "RealMan" Timm
Minot, ND
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Jeff Pearl
Lovettsville, VA
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
5,254,035
Call your investors and notify every agent in your area as well. If the seller doesn't want it listed, you have to get creative. Since most sales are through agents/brokers, that's the best way to get in front of the consumer and get it sold.
Good luck!
-
Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Richard Weeks
Dallas, TX
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Maeve Becker
Inglewood, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
4,050
Initially, I had the buyer. They loved the property, but couldn't get the financing together in time, as they are in the middle of a portfolio refinance at the moment. Now I just trying to see if I can do anything else with it.
-
Bob Crane
Stevens Point, WI
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,231,853
Best of luck, Maeve Becker
See Barbara Todaro advice.
-
Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Barbara Todaro
Franklin, MA
2,221,377
Best of luck to you.
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,583,328
that's commercial real estate.... pocket listing???? why???
submit it to MLS or even better, refer it to a commercial broker....
if I had that listing, it would go into MLS and would have checked the zoning bylaws for condo conversion in the town.... and I'd call every builder in the area.... plus I'd want the condos to sell...
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Mary Yonkers
Erie, PA
-
Nina Hollander, Broker
Charlotte, NC
-
Maeve Becker
Inglewood, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
291,007
Good Luck...
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Roy Kelley
Gaithersburg, MD
5,060,544
Best of luck. Looks like some good advice, and questions, here. Wish I had some connections up in that area for you.
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Maeve Becker
Inglewood, CA
3,138,800
Join every real estate investor group on Facebook that you can - like-minded people will respond! Contact other apartment building owners in the area. Good luck to you. Another piece of advice...put a photo in place of the blue head here.
-
Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Maeve Becker
Inglewood, CA
7,863,184
Good luck. I would not have accepted this seven day listing without a buyer in hand.
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
6,417,434
Start with those in your database then continue beyond, get referrals from them then keep finding more investors.
-
Bob "RealMan" Timm
Minot, ND
-
Bob Crane
Stevens Point, WI
-
Doug Dawes
Topsfield, MA
-
Maeve Becker
Inglewood, CA
-
Michael Jacobs
Pasadena, CA
2,399,936
Maybe if you know some "Wanna-Be" investors you could get them together with a couple of others and start a brand new buying group. If it works out Maeve Becker you would have a nice new group to work with.
-
Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Maeve Becker
Inglewood, CA
-
Richard Weeks
Dallas, TX
-
Michael Jacobs
Pasadena, CA
1,206,261
What is your definition of a pocket listing?
Zillow does a make me move offer. WORTHLESS.
Do you have a signed agreement regarding expectations esp. compensation?
This sounds like an exciting opportunity and to be be blunt. Especially after several dozen years in the industry. I am curious how it might evolve.
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Debe Maxwell, CRS
Charlotte, NC
5,772,581
I agree with Candice A. Donofrio
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,322,994
I am not knowledgeable about commercial properties.
Good luck! I think you have quite a challenge on your hands.
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Maeve Becker
Inglewood, CA
5,239,001
Call your commercial cash investors while continuing to pressure the seller for public disclosure and reasonable time to market the product. You could set an artifically low price for a quick offer.
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Maeve Becker
Inglewood, CA
2,784,566
Income property is the name of the Real Estate game...Remodeled means long over-due maintenance. Furthermore why the seller is selling is relevant and lastly whats the ROI? Rents low or high? Neighborhood? I managed quite a bit of Inglewood properties in all areas. Some troublesome others gold mines. Know the product first and then marketing kinda follows
-
Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Michael Jacobs
Pasadena, CA
-
Maeve Becker
Inglewood, CA
1,201,477
Congratulations on the listing. Let you fellow agents know
-
Peter Testa
Danbury, CT
-
Maeve Becker
Inglewood, CA
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
2,191,798
Property Managers are the best Buyer Pool . Their clients have cash jingling in their pockets !
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Maeve Becker
Inglewood, CA
-
Michael J. Perry
Lancaster, PA
4,900,966
After reding all the answers and your responses, all I can say is good luck.
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Maeve Becker
Inglewood, CA
-
Michael Jacobs
Pasadena, CA
1,506,013
Look into "The PLS" (ThePLS.com) it's an MLS strictly for pocket listings. Created by a local Los Angeles agent (believe he works for "The Agency RE"). It's not your traditional MLS and they have a commercial section. Free to sign up and post too!
If it's close to the new stadium, that'll be a bonus. Yeah, crap timing. Rent control sucks. I sure hope the statewide initiative falls flat on it's face. Rent control benefits no one, except politicians, and will only hurt the affordability issue as landlords either take properties off the rental market and sell them or cut back on repairs and maintenance due to shrinking profit margins.
Same goes for this section 8 stuff they're trying to do now too.
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Maeve Becker
Inglewood, CA
-
Michael Jacobs
Pasadena, CA
1,241,754
Give me the flyer or link. I have an investor who sold his MF wanting a 1031 exchange <2.5M.
-
Maeve Becker
Inglewood, CA
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
1,728,156
Loopnet
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Maeve Becker
Inglewood, CA
1,553,319
Seller wanted it off MLS? Why?
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
759,485
Make sure you follow the rules your MLS lays out for you. Round these parts the MLS & most Agents go rabid when they hear someone has a pocket listing.
-
Maeve Becker
Inglewood, CA
-
Bob "RealMan" Timm
Minot, ND
962,383
The Pocket Listing Service, www.thepls.com.
Members-only group to share pocket listing info. Free to join.
Lots of SoCal listings. Over 1,100 in LA County alone.
-
Bob "RealMan" Timm
Minot, ND
-
Maeve Becker
Inglewood, CA
3,416,038
I get calls every now and then, a seller that says i dont want to list openly, but if you can find a buyer, come show them. Forst i aways try to get them to switch to a full service listing and tell them why. But i have a couple of investors who just dont want mls/ In those cse sthey sign the contract and i go to calling my list and have sold every one.
-
Maeve Becker
Inglewood, CA
-
Bob "RealMan" Timm
Minot, ND
2,071,025
Maeve, wishing you luck and keep us posted.
-
Maeve Becker
Inglewood, CA
1,598,452
2,625
I do almost exclusively off-market deal and pocket listings for mobile home parks and RV parks (similar to apartments). 95% of the time my listings are not on the MLS, loopnet or widely distributed. I already know all the buyers, which ones retrade, which ones are in an exchange and which ones follow through for my market. This is typical in alot of investment Real estate especially in my niche (MHPs). I recommend finding property owners in the area that own similar properties and calling them direct. So in your case I would research all the apartment owners in the area and call them. Give a breif description of the property without revealing it. Example "This may not be for you but ---> I have a 6 unit A/B/C apartment complex with ___ utilities and ___ rent per mont and aprox ___ net income, is that something you'd be interested in". You should also give them the negatives up front so you don't waste any time. If they still want it (You will find in the current market the majority are interested it just depends on if it's priced right). Make sure you have the P&Ls, rent rolls and property info ready to send to the potential buyer. Depending on the principals needs I would have them sign a NDA agreement before.
781,674
I always learn so much on this site. AR is the best! Pls.com sounds worthwhile. I hope by now there's been a happy ending to your listing dilemma.
5,877,335