Investor-friendly Agents???

[Bevla Reeves]

Hey BP!

There are investor-friendly agents and there are not-so-investor-friendly agents here in Arizona, and everywhere I'm sure!

What do you look for in your real estate agents?  

What do you need them to do for you that you can't or don't want to do for yourselves?  

How do you expect to compensate them for their time and experience, what do you think their time is worth?

How do you find investor-friendly agents?

[Eric Delcol]

Hi Bevla, 

"What do you look for in your real estate agents?"

What we look for in an agent is 

- experience investing themselves

- contacts for contractors, property management, financing.  You might not go with their contacts but it's good if they can recommend someone as a backup.

- someone who understands the difference between buying an asset vs. buying a home.  When looking at a property do they point out 'what a lovely granite counter top!' or do they say 'there's a lot of upgrades here - if you really want this one you might want to market it to a different clientele and charge higher rent'.

"What do you need them to do for you that you can't or don't want to do for yourselves?"

Broker the deal, view properties, negotiate with the seller.

"How do you expect to compensate them for their time and experience, what do you think their time is worth?"

Just like any agent.

"How do you find investor-friendly agents?"

Referrals are your best bet.  BP is an excellent source.

We've been lucky and found one of the best investor oriented agents in all of AZ.  PM me and I'll send you their contact.