I think if you asked 10 real estate investors at least eight of them would say they don’t need a real estate agent to be successful. Investors are a proud group with an entrepreneurial spirit who like to do things on their own but the smart ones also know there is value to be found in a good real estate agent that focuses on investing.
Local Market Knowledge. Good real estate investors often venture outside their home markets in search of a good deal. The challenge for these investors is to know what neighborhoods fit their business model, what prices make sense in those neighborhoods and what rents can be charged. What is the best way to get that information? Not from Zillow or Trulia. Those sites often have information that is out of date or just plain wrong. The best way to get accurate, local, real estate information is from a real estate agent who understands investing.
Teamwork. A good real estate investment broker wants to work with the investor beyond the sale and see them be successful with each property they buy. It is important that an investor’s agent listen to and understand the goals, needs and strategy so that they can work WITH the investor to be successful. An agent who “gets” what the investor is looking for can also save time by only presenting deals that fit “the plan.”
Lease, manage, market and sell. Most real estate investors that I know are always looking for the next deal. That means they don’t have time to deal with finding great tenants and managing their properties the way a Bend Oregon Property Management Company can. And when it comes time to sell, just show me the money!
For an investor, finding the right real estate agent can save time and headaches. The right real estate professional can also present investment opportunities that might otherwise be missed. Preferred Residential is uniquely positioned in the Bend and Central Oregon real estate markets to maximize return on investment. Call us today at (541) 508-2930 to find out how much value a responsive, connected, real estate agent can add to your investment strategy.