Some ways to Deal with Real Estate Agents

Author: Jeff Adams

Author: Jeff Adams

The real estate agents have an important source of potential deals for the real estate financier.

Dealing with real estate marketing agents can be difficult as an investor. Real estate agents favor home buyers with cash to put down, good credit and conservative buying power. Their significance is getting a charge with as little harass as possible. Most agents have never done an original real estate transaction with an investor, so real estate agents are not frequently receptive to extraordinary offers.

Dont offer very less Earnest Money

You cannot present an offer with low earnest money and you better expect an agent to take you sincerely. You can expect to pay moderate (depending upon the deal) earnest money to get their attention. If you are presenting a hard cash offer, you should put up more capital

Better Offer a Less Closing Date

Another way to get an agent to take you sincerely is to offer a quick closing date. Nothing else makes an agent slobber more than the thought of a commission check in minimum days. If the real estate agent has another offer presented to him, he will frequently advise his client to take the offer with larger money and faster close than an offer which is higher in rate.

Insist on existing inventive Offers

If you present an inventive offer to a real estate agent, it will not be represented to the owner in the same excited fashion. As mentioned, real estate agents dont like creative offers. They like conservative offers from wealthy buyers. If you want the proprietor to hear all of the great benefits of your proffer, insist on presenting the offer in person.

Plea to the Real Estate Agents Hunger Factor

Obviously real estate agents are working hard to make money, just like other persons in any other business. If you can offer the real estate agent an inducement to make money out of the transaction, you will get his support. If you give an offer which does not permit sufficient money to come out of the deal to pay the agent, why should they cooperate with you? If you ready to give lease offer on a listed property, real estate agent may not receive a commission. You need to find a route for such agent to get paid, even if you pay him out of your own money.

Give Importance to Preliminary Offers

You better dont spend your time filling out any contract offer until you have preliminary approval. Some of the agents are not this formal and will take any offer in writing to the seller. Just recap your offer in writing and fax it to the listing agents. Once you have an oral approval, and then spend time to fill out a contract.About the Author:

Jeff Adams is an author for Jeff Adam Investments Websites. He has written article Jeff Adams Investments,Real Estate Investing.

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