| If you invest in real estate it is worth trying to find a | | | | purchase at a time, and any issues with financing that |
| good estate agent. | | | | you might have. |
| A real estate agent is one of the most useful | | | | If you are an investor that primarily works with |
| resources for a real estate investor. | | | | properties that you can fix and flip, you need to let |
| An agent's job hinges on being knowledgeable about | | | | your real estate agent know the kind of "fixing" you |
| the real estate market. This knowledge includes | | | | prefer to do with your property. You might only want |
| property that is available for purchase, the exact thing | | | | to do light repairs such as painting, replacing fixtures, |
| a real estate investor is looking for. | | | | etc. Perhaps, you are not one that shies away from |
| When you are working with a real estate agent, it is | | | | houses that need extensive repairs like plumbing or |
| important that you get him or her to understand that | | | | foundation repairs. It is important to let your real estate |
| you are not the typical buyer or seller. Most real estate | | | | agent know these criteria as well. |
| agents, if they have worked with investors previously, | | | | Keep in mind that real estate agents are paid |
| will already be aware of this. However, there might be | | | | commission based on the price of the property. When |
| some instances that you have to educate the agent | | | | you purchase a low-priced property, the agent makes |
| on the way real estate investors look at buying and | | | | a low amount of commission on this property. |
| selling real estate. | | | | Unless you plan on doing the extra work associated |
| Whenever you make a connection with a new real | | | | with the purchase, like writing up the offers, it is a |
| estate agent, even one that is already aware of an | | | | better business practice to compensate the agent for |
| investor's viewpoint on real estate, it is necessary for | | | | the time spent working with you. If the agent spends a |
| you to let him know the criteria you use for purchasing | | | | great deal of time showing you properties, consider |
| investment properties. Doing this ensures the real | | | | negotiating an hourly wage. The real estate agent will |
| estate agent will only contact you with properties that | | | | see that you value his time and is more likely to notify |
| have investment potential for you | | | | you with good investing deals. |
| Sometimes agents have their own questionnaire forms | | | | In your career as a real estate investor, you will meet |
| for you to fill out. In any case, the key information you | | | | many people that will be of use to you. The real estate |
| need to relay to the agent includes the following: the | | | | agent is perhaps one of the most important of these. |
| criteria you use to purchase a property, your goal for | | | | Maintain a good working relationship with agents by |
| purchasing the property, whether or not you wish to | | | | being clear on what you are looking for and |
| be contacted about properties outside your criteria and | | | | compensating him for the time he spends working with |
| goals, total number of properties that you might | | | | you. |