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Real estate investors should only hire real estate agents who are also investors
If you take a minute to think about it, there are a lot of real estate agents out there. Some people might say too many. However, the reality is, only a small group of real estate agents do a fair number of income property sales.
Broker Rhys Wyn Trenhaile of The Vanguard Team at Manor Realty Ltd. says the best agents not only understand the sale of an income property, but also understand the ownership of an income property.
“When a real estate agent owns an investment property or properties, all of a sudden you also have someone who understands all of the nuances of being a landlord, and also understands all the little potential red flags on a property that another real estate agents simply won’t see.” This can give real estate investors a bit of an edge.
Trenhaile says when you obtain those properties, especially if you are an out-of-town investor investing in Windsor, you now have access to the exact same network of trades people, property managers, contractors, renovators, and other specialists that the real estate agent uses themselves for their own properties.
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This is a powerful protection against loss, wasted time, stress, and all those other negative things you don’t need in your life. When you hire a real estate agent who is also a real estate investor, what you are doing is increasing your security, and increasing your chances for higher commissions. Who do you think gets all the real estate income property listings before they hit the MLS?
Of course, it is the agents who specialize in this area.
“You will find that you build up a trust and loyalty with your real estate agent,” says Trenhaile. “This goes both ways. Once the real estate agent understands that you understand, they essentially become your financial advisor for real estate in Windsor,
For more information speak to any member of The Vanguard Team at Manor Realty Ltd. (519) 250-8800 or visit www.thevanguardteam.com, click on the about us section to find which agent specializes in which income property niches.
“I can assure you everybody on my teams owns property and invests in property in their specific niche.”
As well, real estate investors need to ensure they are getting the right financing for their investments. To get started today, click the link below for a free strategy call today.