Mark Maupin, asks “Is it good to Work Realtor when buying Investment Property?”

How to Work With Buyer Broker for Your Best Interest as an Investor

Livonia, Mi -- One of the single best assets an investor can have when working with property is a good relationship with a seasoned, established real estate agent in the area you are buying in. Many investors feel some sort of resentment against real estate agents in general, when in reality, if they would follow some simple rules, they would find that a good agent will make them considerably more money than they could make on their own.A few points about Realtors: 1. They work with real estate values and markets every day. The average investor works with property in his spare time.2. They only get paid if they successfully perform a service for you.3. If you find a full-time agent that has been selling real estate for more than 3 years, he or she probably knows more about marketing your property than you ever will, unless you take up investing full time.Again, look for a quality agent, one who is full-time in real estate sales, not part-time.If new investors don't know the value of a particular piece of real estate, you can use an agent to help you locate comparable properties. An agent can also give them pointers on what helps a property sell, such as the latest color schemes and how to “stage” a house for sale. BUYER BROKERSUntil recently, very little concern was paid to who a Realtor truly represented in the purchase and sale of property. Realtors are now required to clearly state who they represent, the buyer or seller.Many Realtors now specialize in representing the purchasers of property. The commissions can still be charged to the seller of the property when the agent is representing you as the purchaser. There are many agents who have a keen ability to negotiate with sellers and can be an outstanding help in an investors search for property. If you are already working with a Realtor, or searching for a Realtor, it might be worthwhile to discuss buyer’s representation with them in depth.Realtors have access through the MLS (Multiple Listing Service) to every home that is listed for sale within a certain area. They can also obtain information about new properties coming on the market daily through the MLS computer network. Many good deals come up for sale and are sold by the agents reviewing the new listings each day. Ask their Realtor about running daily "hot sheets."Realtors also possess a thorough knowledge of what's hot in a certain area and what's making houses sell. Don't be afraid to tap the resources they have to offer. Also, it's a myth that Realtors may be your competition in buying the deals. The National Association of Realtors says that less than 2% of Realtors nationwide invest in real estate.For more information on Mark Maupin and buying investment homes go to: http://www.MarkMaupin.net

Contact Information:National Real Estate Network, LLCMark Maupin
Email: Maupin.Mark@gmail.com Phone: 248-939-6232