Ad responses, what to do next? Newbie help please - Posted by Takeya

import · August 12, 2009, 11:10pm

Posted by camgere on August 12, 2009 at 23:25:41:

See if one of your buyers can get an accepted offer on one of his properties. You can use the due-diligence period to check the guy out and make sure there is no fraud. If the seller can help out the credit challenged, so much the better.

import · August 12, 2009, 11:10pm

Posted by Takeya on August 12, 2009 at 23:10:12:

In response to my reply to an ad placed on craigslist, I was emailed this :

Hello Takeya

I am not a buyer/investor, I represent buyers and investors. I am a licensed real estate agent that has the capacity to handle the listing and sale of real estate assets, REO?s. I have a little over 100 buyers and investors willing to purchase real estate properties, all are pre-qualified and are ready to purchase. My problem here is that Banks are not releasing assets fast enough to support the volume of buyers my team and I can handle. What I am looking for is a bank or investor that is looking for an agent that can list their properties and sell them on the retail market. Please advise if I can help. (END)

So…since I’m new, I’m not sure how to respond to this. What do I say next? Is this valuable information for me? If so, please explain.

I also received this email to an ad I actually placed, requesting investment company seeks partners…well, this is a response I received :

Hi - I’m an Investor and would be interested in understanding what types of projects you have and that you need help with.

Please see my resume attached for further details. I’m comfortable with all levels of rehab. I have developed land before and built a new construction. Currently doing rehab in Fairfield County, CT. I purchase my properties all cash - single families - gut and rehab to bring property up to code and tip top shape and sell to the underserved in the market - folks that do not qualify for a conventional mortgage.

I would like to discuss opportunities with you.

Thanks

So, basically, silly question or not, I’d like to know how to respond to this as well. Thank you.