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Updated about 7 years ago,
Working with an agent and adding value to the relationship
Hey everyone,
So I am starting to get into investing and am working on buying my first multi-family property as a Live-In Flip. I have been working with an agent and trying to develop a relationship with them for long-term purposes in looking for prospective properties in the future. Right now I feel as if I have no leverage by having low capital between me and my co-owner and am concerned that working with an agent to help me with price negotiation and closing on my first deal will negatively effect my profitability. I understand that having a good agent who is investor friendly can be invaluable.
So my question would be, what are others experiences in working with agents starting off and how were they able to land their first deal. Also, how/if they developed relationships with agents and if so, what are the different ways to bring some leverage and incentive to maintain those relationships for future profits.
Thanks in advance!