Becoming A Competitive Multifamily Broker In Large MSA
Hey Guys,

Does anyone have any advice on how to compete against larger brokerages in order to sell larger multifamily properties? I'm in a larger market and they basically dominate the market and I've came across some sellers who won't work with you unless you're with one of those companies. How would you proceed if you want to sell these properties? I don't care how hard it is or how competitive it is. I'm looking for ideas to give me an edge if you don't mind sharing. I'm determined to succeed with or without being apart of one of these companies.
[{"id": "hqehdks", "text": "If you don't have a solid client network, join one of the big outfits until you do.", "replies": [], "depth": 1}, {"id": "hqesfbj", "text": "Little bit of a catch 22 but bring them a deal to buy and they\u2019ll give you a deal to sell.", "replies": [], "depth": 1}, {"id": "hqey0mc", "text": "Have rich parents.", "replies": [], "depth": 1}, {"id": "hqf9lll", "text": "As they says, no one gets fired for hiring (insert large brokerage house).  A developers investors will believe they yielded the best possible price when hiring a CBRE etc. If you\u2019re a small shop the partners may think \u201cI wonder if we could have done better\u201d and that often isn\u2019t a risk some clients are willing to take. I\u2019m at a mid size shop of less than 100 brokers nationwide and for me it comes down to having a definitive value prop and explaining how that differs from the completion without tearing them down. To answer you question though, there is no magic sauce. Know your stuff and make your calls.", "replies": [], "depth": 1}]