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Old 03-10-2007, 12:38 PM
 
Location: Berks County, PA
111 posts, read 485,852 times
Reputation: 33

Advertisements

I saw an advertisement on Craigslist that I am tempted to answer. There are at least two of this nature on the particular site I looked at. Anyway, it goes like this:

[CENTER]Are you interested in Real Estate?

We are investors looking for enthusiastic
house locators in the Reading, PA area.

You must be able to spend 5 to 10 hours
a week finding properties for us.

Please email us with the phone number and best time
to reach you.

Feel free to tell us a little about yourself and why
you would make a good candidate.
[/CENTER]

Has anyone had experience with such ads?

I am a newly licensed agent, and I'm sure that I would have to go through my broker. Before I go any further, I just want to see if this is a scam possibility.
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Old 03-10-2007, 12:48 PM
 
Location: Burlington VT
1,405 posts, read 4,506,597 times
Reputation: 551
It's a scam possibility...

I can think of 2 pretty well guaranteed ways to get a terrific start in real estate sales, but this may not be it.

You probably have nothing to lose by answering the ad - particularly if you live in that city, but if they ask for money...hang up.

Also - Also, if it seems too good to be true, consider checking with your local consumer fraud division at the secretary of state's office, with the FTC, and with the RE licensing authorities after you talk with them.
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Old 03-10-2007, 12:49 PM
 
474 posts, read 2,076,406 times
Reputation: 249
Sounds like they want to pay you by the hour or some such scheme. Since you are newly licensed, you would be much better off getting some training and experience under your belt through the office you work for. Investors are totally different animals, and these guys may have burned out a few top guns already. Just saying . . .
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Old 03-10-2007, 08:18 PM
 
19,284 posts, read 25,834,020 times
Reputation: 37385
anytime i see an ad that seems too good to be true, not only am i suspicious, but thinking somewhere, somehow, some mortgage broker has come up with a new theme
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Old 03-10-2007, 08:20 PM
 
19,284 posts, read 25,834,020 times
Reputation: 37385
on second look, maybe it is investors, looking strictly at foreclosures/auctions/hud sales, they want someone to do some homework on the properties, what the comps are, where they are, and when to be there,
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Old 03-10-2007, 08:55 PM
 
Location: Berks County, PA
111 posts, read 485,852 times
Reputation: 33
Default iffy?

Quote:
anytime i see an ad that seems too good to be true, not only am i suspicious, but thinking somewhere, somehow, some mortgage broker has come up with a new theme
Quote:
Originally Posted by mainebrokerman View Post
on second look, maybe it is investors, looking strictly at foreclosures/auctions/hud sales, they want someone to do some homework on the properties, what the comps are, where they are, and when to be there,
#2 is why I am asking about this. #1 is why I haven't (yet).

Ultimately, I'll ask my office mgr and mentoring agent their thoughts.
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