Traveling Sales Rep / Property Finder looking to pass on deals tell me your criteria and i'l find it for you..............
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Originally posted by MatthewCH7V7 View PostOh ok do i need a website? What do you mean not credible?
Your so-called website isn't working,.... but you're meant to be?
What is your experience?, how long have you been a 'property finder'?,....give us some details and credible evidence to how you intend to do business?
How will you help the people that contact you?
All good questions to an experienced 'property finder' don't you think?
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Great to see you making an effort.
No you don't need a web site. Just an email list of potential investors will get you going.
What areas will you be working in?
I think Finding is a great way of getting into the market. Probably one of the best places to start if you are interested in trading. Everyone has to start somewhere.
JohnLast edited by JohnL; 04-03-2008, 09:21 PM.
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Originally posted by Glen View PostWell, give us some information then!
Your so-called website isn't working,.... but you're meant to be?
What is your experience?, how long have you been a 'property finder'?,....give us some details and credible evidence to how you intend to do business?
How will you help the people that contact you?
All good questions to an experienced 'property finder' don't you think?
working in the rotorua area at the moment. emailing ae S&P off right now
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Originally posted by MatthewCH7V7 View PostYip new to investing was told good way to get into investing is to be a property finder so just looking for investors to work for. Been property finding for a month now don't think its that hard to be a property finder especially in this market put an offer in negotiate price and terms to suit buyer assign to investor for a fee. Pretty simple????? Have i left anything out
working in the rotorua area at the moment. emailing ae S&P off right now
Hello Mathew,
Good luck with your endevours. Property is certainly good fun and it can be profitable if done right.
However, you should be aware that by doing what you describe you will be breaking the law in one, and perhaps many more, ways.
You will be acting as a real estate agent for the buyer and because you are, I presume, unlicenced, then you will be acting unlawfully.
Many people do this but that doesn't make it acceptable. If the REINZ had any credibilty left they would have put a stop to this practice years ago, but alas they have not. However that does not stop any one of numerous disgruntled individuals from taking action privately.
If you want to make money in real estate by doing this sort of thing then I suggest you become a real estate salesperson.
xris
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Thank you for your comment
Originally posted by xris View PostHello Mathew,
Good luck with your endevours. Property is certainly good fun and it can be profitable if done right.
However, you should be aware that by doing what you describe you will be breaking the law in one, and perhaps many more, ways.
You will be acting as a real estate agent for the buyer and because you are, I presume, unlicenced, then you will be acting unlawfully.
Many people do this but that doesn't make it acceptable. If the REINZ had any credibilty left they would have put a stop to this practice years ago, but alas they have not. However that does not stop any one of numerous disgruntled individuals from taking action privately.
If you want to make money in real estate by doing this sort of thing then I suggest you become a real estate salesperson.
xris
thanks newbe investor/ who mite become a realestate agent
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I just had a realisation, it doesn't really matter how many posts you've made or how many properties you own, there are some really negative people here. I'd say take a grain of salt with all opinions/info given to you by anyone, bar your gut.
Thought i'd share that. Anyway back to the thread.Persistence (per-sis'tans, -zis'-) n. 1 The act of persist-ing. 2 The quality of being persistent 3 The continuanceof an effect longer than the cause that first produced it.
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Originally posted by waiopehu24 View PostI just had a realisation, it doesn't really matter how many posts you've made or how many properties you own, there are some really negative people here. I'd say take a grain of salt with all opinions/info given to you by anyone, bar your gut.
Thought i'd share that. Anyway back to the thread.
Surprised at you really.
Let's put this objectively and remove persons from the equation.
Mr A: I want to make money by cleaning people's car windscreens when they're stopped at the lights.
Mr B: Good luck with that but you should remember that by doing that you will be breaking the law in one, if not many, ways. You will, for example, be jay walking; creating an obstruction on a public highway, and so on. Many people do this but that does not make it right. If you like cleaning windows I suggest you go round to a few petrol stations and see what they can offer you.
Mr W: Why are there always smart a**** negative people on this site. I say good on you Mr A and go for it and ignore all the negative rubbish.
Later, when Mr A is reflecting on this discussion from behind bars or from heaven (he was run over by keys) he wonders whose advice was more helpful and realises he had listened to the wrong person.
Think about it waio.
xris
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Not seen many squeegee bandits ending up in jail. (Hospital, maybe, but that's a risk that goes with the job).
As far as I know, its not illegal to assign a contract - is your problem the promotion of the property when you have no interest in it? It then comes down to whether or not a signed, but not yet unconditional, contract is sufficient interest. It can't be that the finder is receiving money from the vendor to sell the property, because they don't.
As a matter of interest, have you written to the REINZ passing on to them the details of the property finders on PT - seems like it would be a more constructive thing for you to do, rather than re-visiting the subject every few months.
cubeDFTBA
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oh not this old chestnut again I thought it had been established that assigning a contract is not "breaking the law"?
Once and for all xris, can you explain why you think this is not the case?Jo Birch
Looking for someone to manage your next project or event? Then call now!
+61 450 148 678
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Section 3.1 of the Real Estate Agents Act 1976 reads:
For the purposes of this Act, every person shall be deemed to be a real estate agent who acts, or who holds himself or herself out to the public as ready to act, for reward as an agent in respect of the sale or other disposal of land or of businesses (either with or without any interest in land) or the purchase or other acquisition of land or of businesses (either with or without any interest in land), or in respect of the leasing or letting of land, whether or not that person carries on any other business.
For those who think that property finders are not included under the above definition, why do you think this? (Is it because Dean Letfus once said that some or other QC had said that property finders are not acting as REAs?)Last edited by SuperDad; 05-03-2008, 08:04 PM.
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If the finder has a list of investors, or advertises on a members only forum, is that holding ones-self out to the public.
If they are acting for reward as an agent, then what is the definition of an agent. I would have thought that an agent is one who acts on behalf of someone else. A finder is not doing so, as they are selling their contract, not the property. (Contemp settlement may be a different matter?)
Also, the REA must also EXCLUDE somewhere private sellers- maybe in that clause there is the get-out for the finder?
cubeDFTBA
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