Business »
Article Vault »
Real Estate Agent can lead you Astray
The real estate agent is a valuable source of potential deals for you as an investor.
They have access to the multiple listing resources and of course, have a monopoly on this information so they have to be part of your game plan as an investor. Working with real estate agents can be difficult depending on the agent.
Some of the factors that you should take note of include the following:
- When you want to purchase a property, offer them a short closing date.
One way of getting an agent to take you seriously is to offer a fast closing date. There are a few things that make an agent more excited than the thought of getting their commission within the next 14 days. If the agent has another offer presented to him/her they will usually advise the client to take the offer and close than accept an offer that is higher in price. One of the reasons is because it is better to have “a bird in the hand, rather than two in the bush”.
- See if you can present a creative offer to the owner in person, rather than through the agent.
If you have an offer that needs to be expl...
Please Note: Business Club Membership required
The rest of this article is available to StartRunGrow Business Club members.
To see what's inside - see the Article Quicklinks to the left.
Join Business Club NOW to access this and 100's of other quality articles plus receive many financial benefits