Property Address: ______
______Agent Name: ______
Office Name: ______
Seller Name: ______
Is agent open to representing us as the buyer: ______
Other Agent Name: ______/ Date: ______Lead Source:______
Cell Phone: ______
Work Phone: ______
Email: ______
Seller Contact Info: ______
Other Agent Phone:______
Other Agent Email: ______
Does the seller live in the home: Yes No How Long:______Style of Home:______Sq.Feet: ______
Garage: ______Lot Size:______HOA/Condo Fees:______
Special Features:______
What is the overall condition of the property?______
______
Are there any structural or mechanical issues?______
Has anything in the home been upgraded recently?______/ Bed / Bath / Rent
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Has the kitchen been upgraded:______Have the bathrooms been updated:______
Roof:______Plumbing:______Electrical:______HVAC:______
Water Issues:______Pool:______Termites:______Landscaping:______
What would you say the cost would be to really do a quality job fixing this house up to make it really nice? $______
Seller Motivation & Price
Is there a particular reason the seller is looking to sell at this time? ______
______
How quickly are they looking to sell?______
Activity on the Property & Price
Have you gotten a lot of activity on the property so far?______
# of showings:______# of offers:______Type of offers (investors/homeowners): ______
Is there a bottom line price the seller would take if I gave them an all cash offer and could close on their timeline?______
Is that price flexible?______Are there any special offer terms you would like to see?______
When does the seller plan on reviewing offers?______
Mortgage Information – Only if Property is In Foreclosure
How many months behind is the seller currently?______Any idea how much the total debt is on the property?______
Do you know if they have multiple mortgages or other outstanding liens?______
Have you spoken to the bank already?______
Have they given you an idea of what their bottom line number is they would accept?______
Have you already submitted a full short sale package with an offer to the bank?______
Internal Office Information Only
Quality of lead (1 to 10) ______Agent quality and willingness to work with investors (1 to 10)______
Evaluator:______/ Appointment Date:______Time:______After Repair Value:______/ Confident / Not Confident / Exit Strategy: ______
As Is Value:______/ Confident / Not Confident / ______
Repair Cost:______/ Confident / Not Confident / Offer 1: ______
Likely Purchase:______/ Confident / Not Confident / Offer 2: ______
Important Points to Bring Up In Different Scenarios When Talking with Agents
- Make sure you reference anyone you have worked with who works in the same office (or a common connection).
- You usually prefer to have the listing agent represent you and thus can offer both sides of the commission.
- On really good rehab deals you sometimes work with the listing agent when you sell the property after it’s finished (set a policy).
- You can handle the short sale negotiations.
- You are looking to form long term relationships with agents.
- You are a perfect fit for certain types of properties but not all properties.
- You will close on time and can be flexible with the closing date (unlike retail buyers).
- You have relationships with other real estate professionals that can benefit the agent.
- You market and have access to unlisted properties that could be great listing opportunities for them.
- You have properties that you sell that you always need assistance with.
- In the business to make a profit, not going come in with some wild number, offer will always be justified.
- Inexperienced investors will come in with a blind offer, with no intention of sticking to that number. When we make an offer we’re going to work our butts off to stick to it.
- Always ask if they have other properties that fit your criteria?
- We can put down a very aggressive deposit if it get’s the deal done.
- We will have a very short inspection contingency of three days or less.
- We have the capital to purchase multiple properties through you if you have more good opportunities.
Important Points About Your Company
- Business statistics: ______
- Your experience: ______
ALS-V2-01172016