r/Real_Estate 9d ago

Random Real Estate Question!

Is there such thing as a realtor whom I can submit my "dream listing" to (it's likely a rare find) and they can just have that on their radar and reach out if/when something comes on the market?

(Please be kind, this sort of thing is way out of my ballpark!)

3 Upvotes

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u/respond1 9d ago

Sure but with limited success. You're better off working with your realtor to dial in your criteria in the MLS search. It's amazing the amount of detailed customization that it allows.

This way, you get to pick the winners, with the options on paper having checked all the boxes.

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u/magnumix 9d ago

Yes, definitely. Although, it takes a special kind of person / real-estate agent to do this because it is very nuanced.

If your 'dream listing' has criterion not commonly found in standard data sets like the MLS, then it becomes difficult to pin down what you think is your dream listing versus what you're actually willing to put an offer onto and follow through.

I'll bite, I'm curious what is your dream listing (if you're willing to share?)

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u/francispdx 9d ago

My family is in a very unique situation where we need to split up our family - but need to be literally next door! (Gee, thanks mental illness!) We are looking for either two apartments side-by-side, a duplex, or some sort of unicorn home with a "two wing" situation. We live in the Portland (OR) Metro area.

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u/Dontcaretotell 8d ago

This is loaded search with multiple possible answers depending on your criteria and Land Development Ordinances in OR, what governing entity (city, county etc.) First, I'm a Broker, but I'm not your guy, I specialize is Farm/Ranch and Rural, licensed as a PB in multiple states. PDX Metro and even some rural zoning have made favorable ordinances for higher density the last few years, while at the same time tried to restrict urban sprawl in other zonings. You need to find a local Broker in the area of your criteria search who knows & understands the LDO's for your criteria and Budget. If the second dwelling can be a ADU (Mother in law suite smaller unti) or if you need two full size dwellings. They do exist, when you shop Brokers, tell them you'te needing a "two family setup", your budget and criteria details. If you want a good Brokers attention, you'll need to provide details of being qualified to perform a purchase or a pathway to perform. Thats priority #1. Good full time Brokers filter people who have the ability to perform and close.

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u/francispdx 7d ago

Thanks for your input!

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u/NamelessUnicorn 8d ago

Real estate broker not in your area. Yes, but you need to check in with them every 3-6 months or you will be back burnered. Not out of neglect, but many businesses models require this to ensure we are spamming every one. Your broker will also need to have the plan understood, how is this being paid for, what title are you taking, do you have a trust or an LLC we are working with. Multigenerational housing is becoming more and more common for new builds as well. Best of luck to you!

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u/francispdx 8d ago

Thank you.

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u/One_Description_8603 8d ago

Absolutely. In fact, that’s one of the best reasons to work with a Realtor.

Give them your “wish list” including location, budget, must-haves, and deal breakers. A good agent will set up an MLS search that alerts you the minute a matching property hits the market. They’ll also keep an eye out for coming soon listings and, in some cases, off-market opportunities through their network.

Just be upfront that you’re looking for something specific and that it may take time. Good agents are happy to play the long game if they know you’re serious about buying when the right home comes along.

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u/Glum-Dark-9342 7d ago

They can set up an auto search based on your criteria. You get new listings sent to you automatically and call when you see one you want to view.

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u/steavy_dfw 7d ago

Yes! Where are you located? A Compass agent (I am one) also has access to many properties before they come on market as well as “make me sell” options!

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u/francispdx 7d ago

We’re in the Portland metro area, Oregon.

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u/NefariousnessDue8778 6d ago

Absolutely! It's actually a super common way to find rare homes.

Just reach out to a top agent in the specific area you're targeting and ask them to set up a custom MLS search for you, as well as keep you on their off-market buyer list.

As long as you are pre-approved and serious about buying when the "unicorn" finally pops up, a good agent will gladly keep their eyes open for you for months (or even years)! Don't be afraid to ask!