While most qualified homebuyers using a ready down payment and good credit score are more than pleasant by any Sarasota agent, a real estate investor is seen as a pain. In fact, most Sarasota real estate agents consider real estate buyers a complete headache in terms of purchasing any property.
You can find two main reasons because of this…
First of all, just like any businessperson, a agent likes making a speedy and hassle-free profit. Second of all, many real estate agents would not have the experience, expertise, or willingness to deal with the creative deals that real-estate investors need.
Nevertheless, real estate investors haven’t any choice but to utilize an agent because this is the only place where they could access the Multiple listing service (MLS).
As a result, it is in the most effective interest of the investor to have on the “good” side of an agent. Here are a handful of tips…
1. Offer a quick closing. Real estate real estate agents love “quick” deals. A realtor would much go for the chance of building a commission in 2 weeks in comparison with 2 months. Also, real estate professionals are much more more likely to take you seriously in the event you offer a fast final.
2. Offer a advance payment. Most real estate investors are employed to paying minimum upfront payment, however, if you need a realtor take you seriously than give you a serious down payment.
Most of the time, a real estate agent will recommend your home seller accept a lower offer in the event the overall package is far better… meaning the offer features a higher down payment plus a faster, hassle-free closing.
3. Provide offer yourself. Sometimes real estate investors can produce very “creative” offers. Try persuading the real estate agent to help you to present the offer right to the seller (with all the agent present of training course). You want owner to hear the offer you directly from you, as no-one else can match the precision and passion inside presenting the offer. It will allow the seller to handle any questions directly for your requirements, instead of going through the agent as a middleman.
As a real estate investor you could come across many uncooperative real estate professionals. A number of Sarasota real estate professionals would prefer not to do business with real estate investors as it requires more work than simply writing up a contract and handing on the keys. Don’t get disheartened though… there are also many Sarasota real estate professionals who enjoy working with real-estate investors… especially those in which follow the tips previously mentioned.