Showing posts with label Home Buyers. Show all posts
Showing posts with label Home Buyers. Show all posts

Tuesday, October 31, 2017

Why you need an investment-savvy agent on your team.

And how to recognize one when you see them

Key Takeaways
  • An open communication and collaborative spirit create a team atmosphere.
  • Investment-savvy agents know what kind of investment will offer the highest value and return.
  • Investment-savvy agents are your eyes and ears within the real estate community.
Real estate investors often overlook the role a partnership with a real estate agent can do for them in their quest for investment property transactions. These investors will do their own research, seek out opportunities and then find a real estate agent to help them, never creating a solid working relationship with one person.

But this should not be the case. An investment-savvy real estate agent can be a valuable member of your investment team, who brings industry knowledge and market insight unavailable to the average investor.

So how can you spot a truly investment-Savvy real estate agent when they come along? Every agent’s website talks about how much they love to work with investors. Most do not!
Not only do they complain about wasted time spent writing lowball offers, but they also lack the experience necessary to identify solid investment opportunities. Who are these investment-savvy agents? What makes them different from the average agent? And most importantly — how can they add value to your investment team?

The opportunity

Investment-savvy agents know how to look at properties in an unconventional manner. They search for motivated sellers. Although part of the package does need to include the value of the property to the traditional buyer, the right opportunity for an investor is certainly not going to be priced at retail value.

Investment-savvy agents know how to look at properties in an unconventional manner.

The relationship

Building a long-term relationship with an investment-savvy agent means having an honest understanding of the investor’s long- and short-term goals. An open communication and collaborative spirit create a team atmosphere wherein each property can be analyzed and decisions made.

An open communication and collaborative spirit create a team atmosphere.

The strategy

Investment-savvy agents learn the strategies that their clients utilize in their investments. Does the investor search for buy-and-flip opportunities, or do they buy and hold? Some investors are comfortable working with both types of investments some prefer one or the other.
Investment-savvy agents develop their strategies based on the clients’ needs, goals and portfolio.

The market

Of course, all agents must know their market, but the market is different for investment properties.
For instance, the same house could sell for thousands of dollars higher if marketed as an established vacation rental with history versus a single-family home. Investment-savvy agents know this and can help their client position properties properly.
By reading the market and its trends properly with an eye toward investing, investment-savvy agents know what kind of investment will offer the highest value and return.

Investment-savvy agents know which investment will offer the highest value and ROI.

The numbers

The biggest difference between traditional real estate agents and investment-savvy agents is the numbers. The agents need to understand how to calculate the cap rate, the pro forma and much more. They must recognize how these numbers affect the viability of an opportunity and how to explain that in terms of the market itself to their clients.

Working with trusted investment-savvy agents can add value to your real estate investing team. Having a resource for the market, the numbers and the opportunity that you can trust will save you time and money.

As your investment-savvy agents learn more about you and your goals, they will be able to research and present opportunities you could never find on your own. They can bring you profitable options that enhance your business.

They are your eyes and ears within the real estate community. The best investment teams include an Investment-Savvy real estate agent who is involved at every stage of the investment process.
For free sample list of probates, inherited, foreclosure, pre-probates, vacant properties, absentee landlord, tax deeds and other motivated real estate seller lists visit us www.realsupermarket.com

Investment-savvy agents are your eyes and ears within the real estate community.

Monday, October 19, 2015

5 tips to attract prospective home buyers during fall and winter

As we head towards Christmas, home sales are usually move southwards. Savvy Realtors tend to buck the trend by following a few tips.


With less number of people actively searching for a home, the competition is usually less. People viewing properties at this part of the year can be serious buyers, they have priortised home search related to Christmas shopping or making arrangements for meeting the family.

Some tips to attract buyers during this part of the year are

1.Professional Photos

It may cost few hundred dollars. It worth the investment for a quick sale and secure full value.

2. Price it right

Be realistic in the price. It does not mean price low, price it right. Local realtor can be a helpful. Many a times they are best source of this information. Alternatively, one may research online for run comparative analysis based on similar properties sold or offered for sale. A few things to be considered in comparative analysis are age of the similar property, days on the market, number of beds, baths, etc.

3. Furnish

Furnish the house it helps prospective buyers to visualize the potential of property. Not all buyers are good in visualizing how it would look like with furniture and fitting. Make it easy for them to decide. Renting furniture for few months is an alternative, or search Craigslist for used furniture. Investing a few hundred dollars in furnishing the house before a sale is a wise investment. Do not over do!

4. Fix All

First time buyers want all to be fixed, they may not be willing to take additional work before customers and prefer to move in quickly with no additional work. Repairs can potential put them off. Most minor repairs do not cost much, it only takes few hours of your time to organize and pay for the handyman. Its worth all the effort to secure a quick sale at a right price.

5. Keep it clean

Keen the property clean, at times lick of paint can go a long way in securing a sale. Focus on areas which give maximum bang for the buck. Usually, kitchen and living areas require may require more attention. Keep the property well lit and all ventilation available, never leave the prospective buyer to assume. Assumptions can be wrong at times!

For free samples of motivated real estate seller leads visit us at www.realsupermarket.com