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Updated about 6 years ago,
Balance between Agent and Investor
Hello fellow BP members,
My name is Shelby and I am a fix and flip investor in Champaign, Illinois. I am seeking any insight from investors out there who are also actively working as licensed agents.
A little about myself to explain where my questions are coming from- I have been investing in fix and flip properties since 2016 and am ready to take my business to the next level by buying more than just one property at a time. I recently decided to leave my corporate job and obtain my real estate license. I will be starting with a sponsoring broker in March. My main interest and focus has been my fix and flip business and I would like to utilize my skills and resources as an agent to better that business all while still building a brand for myself as an agent. Now here are the questions that I have:
- Is it effective to market yourself as an investor and an agent together? If so, how have you done that successfully.
- Where have you found the most success in your day-to-day focus? Has it been building your agency database/leads or your investment database/leads, or both?
- Is it appropriate for agents to refer to themselves as an agent or an investor when communicating with prospective sellers of investment properties?
I want to be as transparent with prospective sellers as I possibly can and am not sure the best way to go about that being that I wear multiple hats in the Real Estate Industry. Any insight is greatly appreciated! Thank you!
Best,
Shelby M.