There are major differences between Realtors and investors. However, some Realtors are investors too, like us! This gives us a distinct advantage when working with buyers and sellers. Not only do we understand both the Realtor and investor side of real estate, we are able to offer buyers and sellers more options to meet their needs.
Real estate investment properties can help garner more income, increase credit performance and provide financial security. Before you select an investment property, you must understand the real estate market in the local area. The most efficient way to go about this process is through an experienced Realtor® who understands Investment Properties. Here are some helpful tips to ensure you ask the right questions to pin down the right Realtor®.
Just like any profession, before you hire someone, you should take a look at their resume and experience. A Realtor® who understands investment properties will have case studies and references from former clients who’ve worked with him or her in the past. Research the properties discussed in each case study to ensure the references and information offered are accurate.
Understanding the local area is a priceless attribute in real estate. A Realtor® who has experience in the city/town will have a better understanding of the investment property’s value. Whether it’s a commercial investment or you’re taking a stab at becoming a landlord for the first time, a Realtor® who knows the neighborhood should be able to help answer the following questions;
Investment Realtors® are always on the lookout for the best deals for their clients. Finding a good deal is great, but understanding ROI is imperative. Before you select a Realtor®, make sure they understand your financial goals for the investment. These are important points to bring up to the Realtor® so he can help you find the right property to achieve your goal;
Once you speak to a few candidates, you will find that a lot of investment Realtors® also invest themselves. Find a Realtor® who has investment properties because they will have first-hand experience, which means less mistakes, less guessing and more trust. Don’t be afraid to ask your Realtor® questions about their own experience, the trials and tribulations and how they became successful.
For more information about investing in Austin area Real Estate, please give us a call or contact us.