@Jonathan Taylor Smith
Well said, and great example!
It sounds to me like allot of people here need to find new agents, and that what I’ve heard is true. That there are allot of agents out there and a number of them are not that good.
But if your really interested in finding an agent who can help to propel your investing forward you will need to find an agent who really understands investing, and therefore is also an investor. Their knowledge of local trends and how the numbers work in your chosen exit strategy can be invaluable in finding the right deal for you.
But having a good agent doesn’t exempt you from also doing your homework. A good agent is there as another resource, someone you can bounce your ideas off of and who can give you answers based off their education and experience, of which they will need both.
Many of the opinions expressed here I agree with and sadly are true about some agents. But a good agent is like a good deal, you have to find one. There are allot of deals that you can tell just from the surface are not good for you, and some you have to do a little research and put in a little time equity to realize they are also a no go. But rely on your other resources like people at your local REIA, your lender, and BP to do your due diligence and you can find someone who you can trust and add to your team.
What @Jonathan Taylor Smith said about your agent not always being able to do take down a deal for a number of reasons and passing it along is absolutely true. Agents who are also investors are trying to run a business, but an aspect of that business is helping you run and grow yours.
“You travel faster alone, but farther together”
-Michael Benanav
