Asked an attorney for $3.00 · Commercial Real Estate 101

Asked an attorney for $3.00

Do you still have to contact an owner/seller of an Arizona Multifamily at least three times before asking them if they’d be interested in investing in your deals or lending? Thanks!

From a legal perspective in Arizona, there is no specific statute or regulation that mandates contacting a property owner or seller a minimum of three times before proposing an investment or lending opportunity. This "rule" typically pertains to sales strategies, networking etiquette, or relationship-building best practices within the real estate industry. Legally, you are generally free to make an offer or proposal at any point, provided your communication complies with anti-harassment laws and fair business practices. The effectiveness of your approach often depends on building rapport and understanding the other party's needs. Could you elaborate on the specific context or concern that led you to ask about this contact frequency?

I am a real estate entrepreneur. Thanks very much!

Thank you for the details, I'm finalizing my response.

2 comments