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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: Broncos connected to real estate purchases around Burnham Yard, potential stadium site The Denver Post Small real estate investors reach record market share, now dominate 59% of investor purchases Fox Business Real estate brokerage eyes move to Salesforce Tower Crain's Chicago Business Real Estate Transfers ~ May 30, 2025 The Bedford Citizen After 50 years of blazing a trail for women in real estate, a Hampton Roads magnate retires The Virginian-Pilot Startup aims to bring assumable mortgages to the masses RealEstateNews.com Household Real Estate Asset Value Falls to Start the Year Eye on Housing Attorney General Jeff Jackson Frees North Carolinians from Predatory Real Estate Agreements NCDOJ (.gov) Lynn Goessling Talks Real Estate Trends in St. Louis Business Journal Armstrong Teasdale MV Realty update: Listing agreements terminated in Florida RealEstateNews.com Real Estate: 8 properties, including apartment complex, change ownership in Clark County The Arkadelphian Interview: Heidi Addo, vice president, Michel Commercial Real Estate Finance & Commerce EG Real Estate: 11 Sold & 13 Open East Greenwich News SDCERA commits $250m to real estate fund Private Equity Real Estate | PERE MARWEST APARTMENT REAL ESTATE INVESTMENT TRUST ANNOUNCES 10% INCREASE IN MONTHLY CASH DISTRIBUTION POLICY Yahoo Finance Former GE Headquarters Site in Fort Point Sells for $57 Million Amid Struggles in Lab Real Estate Market Boston Real Estate Times 4 rate-lowering strategies to share with buyer clients RealEstateNews.com Q&A: Colliers’ Devon Dvorak builds career in multifamily real estate Finance & Commerce Tech Bytes: reAlpha enters a new market, eyes national expansion RealEstateNews.com Home equity dips $4K as prices slow, costs climb RealEstateNews.com Brooklyn BP Antonio Reynoso has taken cash from real estate interests despite pledge New York Daily News TCRS commits $150m to real estate fund Private Equity Real Estate | PERE Archie real estate platform wins Delaware EDGE grant Cape Gazette Real estate news: Tesla Collision Center property in Irvine sells for $21M Orange County Register The Best Real Estate of the Year, From Merv Griffin’s La Quinta Estate to a Historic Oxfordshire Manor Robb Report Aleut Real Estate breaks ground on hangar facility at Pryor Field Business Alabama Magazine New Perspectives: Cheers! | Real Estate Insights Piedmont Exedra Related Beal Celebrates Topping Out of Leiden Center II at Innovation Square in Boston’s Eastern Seaport Boston Real Estate Times MassHousing Announces Expanded, Statewide Down Payment Assistance Program - Boston Real Estate Times MassHousing Announces Expanded, Statewide Down Payment Assistance Program Boston Real Estate Times Kevin Joyce Talks Residential Real Estate, Mortgages & Opportunities For Sellers & Buyers Rockland County Business Journal Matthews Real Estate Opens San Francisco Office Connect CRE Traci N. Powell, real estate broker and advocate for Black homeownership, dies at 44 The Philadelphia Tribune Galvanize Real Estate Buys Maryland Industrial Portfolio CommercialSearch LOCAL REAL ESTATE TODAY 6.13.25 KQEN News Radio Real estate transfers in Hancock County for May 2025 Muddy River News Licking County real estate transfers for May 26-30 hit nearly $1.5 million in Pataskala The Newark Advocate Invesco Real Estate Provides $355M Refi of 24-Asset Industrial Portfolio Commercial Observer $28.2 million record home sale in West Palm Beach at 3030 Washington Road The Palm Beach Post Fond du Lac County property sold for $1.53 million in real estate transfers for June 2-6 fdlreporter.com News of public record: Muskingum County real estate transfers Zanesville Times Recorder Northwest Healthcare Properties Real Estate Investment Trust Announces June 2025 Distribution Newsfile Wake Up Your Real Estate: Defining Real Estate Nonstop Local News Real Estate Agent Booms and Busts Calculated Risk Brookfield Asset Management names CEO of real estate in reshuffle Pensions & Investments News of public record: Coshocton County real estate transfers Coshocton Tribune Real estate transfers: Canton supermarket property sells for $8.2M Canton Repository $354M Deal: Bridge Investment Group's Massive Industrial Portfolio Refinancing Spans 6 Key States Stock Titan Construction crews raising the next business park for fast-growing Kyle The Business Journals Mortgage Rates This Week Remain Stable With 30-Year FRM at 6.84% Norada Real Estate Investments Investors Are Selling a Record Share of Homes To Cut Their Losses—Especially in These 5 States Realtor.com Major Real Estate Deal: Lead Real Estate Secures Prime Spot in Tokyo's $6B Tsukiji Waterfront Transformation Stock Titan Welcome to Real Estate Friday! The Berkshire Edge Real estate giants crack down on exclusive 'off-market' home listings in major shift for buyers Fox Business U.S. States With Lowest Mortgage Rates Today – June 13, 2025 Norada Real Estate Investments Reality star's real estate company locks hundreds of North Texans into controversial contracts CBS News Real estate pushback to the 'Taylor Swift tax' begins. Will the charge hit everyday cottages? The Providence Journal Berkshire region real estate sales – June 13, 2025 The Berkshire Edge |
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