Buying Investment Properties Through An Agent – Reasons Why Investors Should Use A Real Estate Agent

I am often surprised to learn that many people believe they are paying a commission when they buy real estate through an agent. This is not the case. The seller pays the commission out of the final negotiated sales price of the property.

However, it is true that you may not find the lowest-priced deals buying through an agent because sellers cannot afford to discount the property as much since they have to pay a commission. Just the same, there are still times when using an agent is a good idea.

If you are new to investing, then you can definitely benefit from the knowledge of an experienced agent who caters to investors. It is certainly a good idea to seek expert guidance to navigate successfully through your first few deals. I should point out too that not all agents are real estate investors and having a real estate investing mentor that can consult with you and provide on-going support and training is often extremely valuable as well. You can get more information on our training and consulting for real estate investors if you are interested in that.

Another reason to continue to use an agent, even if you have some experience, is to save you time. Many investors do not invest full-time. They have jobs, families, and many other obligations that all demand large amounts of their time. An agent can sift through the many properties that come onto the market each week and can present you with only those that meet your criteria or that look like a good deal. Beware of agents that ask you for criteria and then just have their MLS dump MLS properties into your email box each day for you to sort through. Just about any agent can do this and it is a disservice to many investors in my opinion (real estate agents reading can consult with me to learn how real estate investors should be worked with).

Finally, even if you have knowledge, experience and invest full-time, there are still good deals that are only available through the MLS. It all comes down to crunching the numbers, if a deal works, then it works, regardless of whether you found it through your own marketing or through a real estate agent.

Regardless of your level of investing experience, do not automatically assume that you will not find good deals through a real estate agent. It is simply not true. Good investors know that their deals can come from many places and they recognize the value that a real estate agent can bring them as one part of their entire plan for finding deals.

Until my next post,

James

P.S. I much prefer to to do marketing to have motivated sellers call me with potential deals and that is primarily what I focus on with consulting clients and training materials. To access over 100 hours of training including a lot of training on how to have motivated sellers calling you with potential deals upgrade to a Bronze Membership now.

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