Buying Investment Properties Through An Agent - Reasons Why Investors Should Use A Real Estate Agent

I am often surprised to learn that many people believe they are paying a commission when they buy real estate through an agent. This is not the case. The seller pays the commission out of the final negotiated sales price of the property.

However, it is true that you may not find the lowest-priced deals buying through an agent because sellers cannot afford to discount the property as much since they have to pay a commission. Just the same, there are still times when using an agent is a good idea.

If you are new to investing, then you can definitely benefit from the knowledge of an experienced agent who caters to investors. It is certainly a good idea to seek expert guidance to navigate successfully through your first few deals.

Another reason to continue to use an agent, even if you have some experience, is to save you time. Many investors do not invest full-time. They have jobs, families, and many other obligations that all demand large amounts of their time. An agent can sift through the many properties that come onto the market each week and can present you with only those that meet your criteria or that look like a good deal.

Finally, even if you have knowledge, experience and invest full-time, there are still good deals that are only available through the MLS. It all comes down to crunching the numbers, if a deal works, then it works, regardless of whether you found it through your own marketing or through a real estate agent.

Regardless of your level of investing experience, do not automatically assume that you will not find good deals through a real estate agent. It is simply not true. Good investors know that their deals can come from many places and they recognize the value that a real estate agent can bring them.

Until my next post,

James