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Property Investing Secrets 5
Property Investing Secrets: How To Work With Agents And Get What You Want When you're property investing, it is important to know how to connect with real estate agents. Here are some techniques you can use when you are out there pressing the flesh. I believe it is important to connect with agents at lease once in person when you're property investing. I've found that when you walk into a real estate agents office and say "I'm looking for a bargain."- that's a big mistake. When you're property investing, the minute a real estate agent hears that you want a bargain; they size you up and think this person isn't serious-they're a flake. Keep this is in mind, to a real estate agent there is no such thing as a bargain. But it is possibile to buy at a wholesale price. If you're going to form a relationship with an agent they have to know you're serious because these agents get hundreds and hundreds of buyers every month or every 6 months, depending how busy they are, coming into their office. Thus real estate agents must know how to size up buyers. They know how to qualify buyers without the buyers even realizing they're being qualified! Real estate agents question buyers and the answers they hear tell them how serious the buyers are about purchasing. When you're out property investing, here are some common questions a real estate agent will ask: "Hello Mr. and Mrs. Buyer, are you buying, selling or looking?" And if they say, "Oh, we're just looking." The agent will ask, "How many properties have you looked at so far?" The buyers may respond that they've looked at a couple of properties. The agent will ask if they made an offer on any of the properties they've looked at. If the buyers answer no, the agent will inquire why not? This line of questioning just rolls off the agent's tongue. The buyers get bamboozled. They don't even know that they're being qualified. And if the agent decides the buyer is too difficult, they will put them into the "too hard basket". It is important to note that an agent has one commodity to sell and that is not houses but their time. I discovered this early while property investing. If a real estate agent has only 8 or 9 hours in the day, they want to get the best return on their time. So it is up to the investor to make it easy for the agent to make their money. Of course an agent will say they work for the seller, but the agents also have wives and kids sitting at home to feed. While the agent may say they're working for the seller, quite often they're working for themselves and you have to harness the agent's desire to make a sale and use it for yourself to get-not steal-but secure a discount to purchase the property. Rick Otton is the director of We Buy Houses Pty Ltd. He has been property investing full time for 14 years. Rick has completed over 351 property transactions in Australia and the United States. Rick specialises in creating positive cash flow through a variety of strategies he perfected in the United States and adapted to Australian conditions. He sells home study courses on vendor finance, one year mentoring program as well as a yearly 3 day boot camp on the Gold Coast. Go to http://www.rickotton.com for more property investing information ring 1800 003 588 in Australia.
MORE RESOURCES: Gisele Bündchen's Houses: A Peek Inside the Supermodel's Real Estate Portfolio Architectural Digest This new digital real estate platform wants to solve Denver’s unrealistic listing prices The Denver Post Why S&P Cut Outlook for Five US Regional Banks With Heavy Commercial Real Estate Exposure Investopedia The longtime Hamptons home of a late billionaire real estate developer now comes $25M cheaper New York Post A Real Estate Reporter Explains a Settlement That Will Change Housing The New York Times REAL ESTATE | Auto Safety Center adds third location washingtoncountyinsider.com The Pipeline: Commercial real estate roundup for 3.29.24 RichmondBizSense San Antonio real estate: Tony Parker's Hill Country mansion San Antonio Express-News Refined Real Estate: 1937 Colonial Broadmoor home lists for $2,595,000 seattlerefined.com RI real estate transactions: What homes sold, for how much and to whom The Providence Journal Welcome to Real Estate Friday! theberkshireedge.com Breaking Barriers: DePaul's Department of Finance & Real Estate holding first DEI Conference – REJournals REjournals.com Real estate terms and commissions are changing – Cache Valley Daily Cache Valley Daily REAL ESTATE | What would you like to see at the old Kettle Moraine Bowl? washingtoncountyinsider.com REAL ESTATE | Spring Storewide Sale underway at General Store Antique Mall in Kewaskum, WI washingtoncountyinsider.com Search the latest Macon County real estate transfers Herald & Review Changes coming to real estate commissions. What does it mean? Wednesday Journal TU launches first in state Center for Real Estate Studies 2 News Oklahoma KJRH Tulsa Inked: Recent LI real estate deals Long Island Business News FBI is investigating Eastside real estate firm iCap, lawyers say The Seattle Times Wylie High School offers new real estate class KTAB - BigCountryHomepage.com Australia’s Gold Coast Is Primed for a Long-Term Real Estate Boom—and There’s Still Time for Buyers to Get In Mansion Global MAKING YOUR REAL ESTATE DREAMS A REALITY | Real Estate- Sale/Rent coastalbreezenews.com Current Real Estate Roundup - March 28, 2024 Nantucket Current The future of real estate starts now CapeGazette.com Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic Brave New Coin Insights What you need to know about the NAR real estate commission lawsuit? Sarasota Herald-Tribune Cervera Real Estate opens Palm Beach, West Palm Beach offices South Florida Agent Magazine Kevin O'Leary Says a Coming Real Estate Collapse Will Lead to 'Chaos' — Here's What You Need To Know Yahoo Finance Cincinnati real estate market: Realtors talk about spring season The Cincinnati Enquirer See How Commercial Real Estate Deals Are Being Cut As Debts Mount Business Insider Many homebuyers are looking for homes with two primary bedrooms. NJ realtors tell us why NorthJersey.com Longtime Minneapolis real estate company to bring industrial buildings to Colorado Springs' east side Colorado Springs Gazette Stopping Boston's 'doom loop' means it must face its tax woes The Boston Globe Christie's International Real Estate The Laurel Magazine of Highlands NC and Cashiers NC Heiwa Real Estate REIT : Notice Concerning Change in Name of Asset under Management Marketscreener.com Real estate giant Compass to pay $57.5M to settle clams it overcharged US home sellers New York Post Pummeled Blackstone Real Estate Unit Seems Poised for a Revival | Chief Investment Officer Chief Investment Officer The Office Market Is in Turmoil. So Why Are Rents More Expensive? The Wall Street Journal Real Estate Select Sector SPDR Fund Sees Unusually Large Options Volume (NYSEARCA:XLRE) Defense World Claremont Hotel bought by Ohana Real Estate from Fairmont Hotel and Richard Blum - San Francisco Business Times The Business Journals Top-selling residential real estate team opens Petaluma office North Bay Business Journal Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) Short Interest Up 352.0% in March Defense World Real Estate Report: Economists no longer predict significant reduction in mortgage rates Hawaii News Now Cape Girardeau voters to decide real estate, property tax levy for police, firefighter salaries KBSI Fox 23 Cape Girardeau News | Paducah News How will the NAR settlement impact the Buffalo real estate market? - Buffalo Business First The Business Journals Neuberger Berman Real Estate Securities Income Fund (NYSEAMERICAN:NRO) Share Price Crosses Above 50 Day ... Defense World Squatters 'claim everything to be theirs,' real estate agent says WPTV News Channel 5 West Palm Opinion | The Nature of the Real-Estate Business The Wall Street Journal Ministers Smotrich and Regev Booed Off-stage at Eilat Real Estate Conference - Israel News - Haaretz Crombie Real Estate Investment Trust (TSE:CRR.UN) Given a C$16.00 Price Target at Raymond James Defense World Brooklyn real estate fraudster sentenced to prison after swindling victims out of nearly $1M • Brooklyn Paper Brooklyn Paper SBI, Sumitomo Real Estate trial blockchain solution for property transactions - Ledger Insights Ledger Insights REAL ESTATE | The Lofts at Cedar Lake include access to a 245-acre wooded campus washingtoncountyinsider.com Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Sees Large Increase in Short Interest Defense World Marin, Solano, Sonoma, Mendocino, Lake commercial real estate transactions: March 28 report North Bay Business Journal Opinion | Real estate feels too darn expensive. But are commissions to blame? The Washington Post Realtor commission change delivers a boon to homebuilders, a blow to real estate platforms Yahoo Finance Critical Review: InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) vs. Centerspace (NYSE:CSR) Defense World Check-Cap to Be Bought by real estate Marketplace Nobul The Wall Street Journal |
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