{"id":12674,"date":"2021-12-08T05:01:02","date_gmt":"2021-12-08T05:01:02","guid":{"rendered":"https:\/\/emedialocal.net\/AugustREI\/?p=12674"},"modified":"2021-12-08T12:26:08","modified_gmt":"2021-12-08T12:26:08","slug":"find-a-realtor-to-help-you-locate-investment-property","status":"publish","type":"post","link":"https:\/\/emedialocal.net\/AugustREI\/2021\/12\/08\/find-a-realtor-to-help-you-locate-investment-property\/","title":{"rendered":"Find a Realtor to help you locate investment property"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"39\" height=\"116\" src=\"https:\/\/emedialocal.net\/AugustREI\/wp-content\/uploads\/2021\/12\/greenkey.png\" alt=\"\" class=\"wp-image-12663\"\/><figcaption>September 22, 2018<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Finding the best realtor to help you with your investment property purchases may be very different than choosing a realtor to locate or sell your primary residence. For starters, experience in this type of unique search and purchase is critical in getting the right types deals in front of you. Now how do you find the \u201cright\u201d agent to support your goals? Getting&nbsp;<strong>Referrals<\/strong>&nbsp;from other investors is one of the most reliable sources since you can pre-determine if the agent\u2019s skills do or do not match your needs simply by asking someone who has used them. It can\u2019t be overstated how important it is to build your own network through investment groups, blogs from seasoned investors, social media, podcasts, etc. You might also contact your trusted personal agent to make recommendations\u2026.often within any brokerage there are at least a couple of people or teams who specialize in investment properties. If you\u2019re still having trouble getting quality referrals?? One strategy I\u2019ve used is just to ask! Drive through an area where you think you\u2019d like to invest\u2026see what rehab projects are going on\u2026.stop by and just ask who is responsible for the project. Many times seasoned investors are glad to sit down over coffee or a drink to chat through some of your questions or concerns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once you begin to set up some meetings, a few questions to ask a potential realtor or realtors may include:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1. Are they really&nbsp;<strong>experienced<\/strong>&nbsp;in working with investors or have they only \u201cdabbled\u201d in this market, let\u2019s say with their Uncle Tommy\u2026.maybe helping him buy a rental property one time? How many investors have they worked with or are they currently working with? Do they have the time and resources to take on another investor?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. Are they seasoned&nbsp;<strong>investors themselves<\/strong>? It shouldn\u2019t be your role to \u201cteach\u201d your realtor about the different dynamics of this type of purchase or explain common RE investing terms (eg \u201cdouble close\u201d, \u201chard money\u201d, \u201coff market\u201d, etc). Additionally, sometimes only another investor would be the best choice in understanding your individual needs and goals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3. What&nbsp;<strong>resources<\/strong>&nbsp;and&nbsp;<strong>relationships<\/strong>&nbsp;do they currently have? Do they have relationships with investor friendly title companies? The right realtor will typically work with just a handful of title companies that are more familiar with investment deals, clearing title, etc. Do they have the resources to find off market properties? The majority of the most appealing and potentially lucrative deals are not from a \u201cfor sale\u201d sign or a search on MLS but instead are off-market properties that you can only find by either sourcing the deals yourself or through your network and relationships that have been built over the years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Finding the \u201cright\u201d realtor is an important step in navigating you through the search and closing process. I would encourage you to candid and up front with your agent when communicating your needs or investment goals. Don\u2019t tell them you are going to buy 100 homes this year if you really only intend to buy 1 or 2. Also be candid about your goals \u2013 buy and flip, wholesale, buy and hold etc. Trust me, your agent won\u2019t be impressed with hollow words or promises\u2026.they\u2019ve probably heard it all before!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are numerous resources available to help you find and choose the right fit, and it is up to you to do your research and work through the discovery process. It can be wise to \u201ctest\u201d several agents after you have initially screened them. Give them a shot at earning your business and see what kind of deals they bring you and if their work style matches yours. The right realtor can be a&nbsp;<strong>key member<\/strong>&nbsp;of your team, helping you become successful deal after deal. Put some real effort and thought into who you want to help you and ask the right questions to make sure have a realtor who understands your business and your goals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a><\/a>-Hank Munguia<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/www.hankbuyshouses.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.hankbuyshouses.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finding the best realtor to help you with your investment property purchases may be very different than choosing a realtor to locate or sell your primary residence. For starters, experience in this type of unique search and purchase is critical in getting the right types deals in front of you. Now how do you find [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-12674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.5.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Find a Realtor to help you locate investment property - August REI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emedialocal.net\/AugustREI\/2021\/12\/08\/find-a-realtor-to-help-you-locate-investment-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Find a Realtor to help you locate investment property - August REI\" \/>\n<meta property=\"og:description\" content=\"Finding the best realtor to help you with your investment property purchases may be very different than choosing a realtor to locate or sell your primary residence. 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