Closeup Spotlight on Risk to Reward

Closeup Spotlight on Risk to Reward: Determining the Likelihood of the Dollar

Within many circles of real estate professionals, it has always been said that “you have to list to last”. Whether it is a buyer's or seller's market, having valuable listings as part of your plan for action is essential. During nearly any type of market condition, being the listing agent involves looking over and accepting the right offer when it comes, and presenting it to your seller.

As a buyer's agent on the hunt for sell house fast Maricopa properties, there are sometimes a few different ways where you can hit a snag. If you are a brand-new agent that is just hitting the ground running, you may shy away from the listing side of things at first. Will you have to go down the sometimes-dreaded cold call route, or really beat the pavement?

Whether you make the choice to have digital marketing, SEO implementation, or any other ways of bringing people to you, you'll eventually have listings for those who want to profit from their property. After many appointments, a ton of grit, a fair amount of handshakes and many promises to look out for your client's best wishes, the listing agreements will start to accumulate, and you'll become familiar with the ins and outs of the events that occur before the sale.

As an investor, it is always crucial to understand just where your risks lie, and what rewards can be possible. A “For Sale By Owner” property usually touts a flat-fee, they're going to charge you some money from the MLS, and it ranks among the lowest-risk of listings. There are many business models that go after “For Sale by Owner” properties exclusively, but you need to be persuasive as the agent's commission fee is one of the reasons they were of this status in the first place.

In the “Traditional” listing, you are still encountering reasonably low-risk factor, but we like to compare it to the Holiday Inn vs. a Motel 6: the room for profit is quite a bit greater because you will be providing more services. Every day across America the traditional listing is what many are picturing when they have a property in mind; a family dwelling in markets like ours priced on average between 2-300K.

With the new “iBuyer” phenomenon now taking shape rapidly across the nation, the highest amount of risk is exercised, because when offering the seller cash up front, you are going to provide the highest number of services. This is of great advantage to the seller of the property, because they can move to another city right away if need be, and take care of other perks offered like moving, extended stay provision, and property upgrades, since they are buying the property rapidly and with minimal eyes-on sight.

There are beautiful Renaissance-era paintings of stunning cities like Venice that come to mind when you are thinking about all of the various listings you can acquire: one can vividly picture ornate cathedrals, lovely commercial listings such as pastry bakeries, and residential property with unique features and construction. As a drone would meander overhead through this city in present-day, the viewer can greatly appreciate different characteristics of every property.

The rise of the iBuyer is going to provide a much-needed asset for many: convenience and the ability to wear multiple hats. The days of weekend showings, stressing about contracts, and timing the closing just right can be excitedly over for some who employ the services of companies like Dorrmat: when you are willing to let the experts employ the risk formula and bear the brunt, a worry-free transaction is right around the corner!