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Related Article: Investor-Focused Real Estate Agents in Erin: Why You Should Hire One
Related Article: Realtors Specializing in Investment Properties in Erin
Finding an Investment Property Real Estate Agent in Erin
The investment property real estate agent is a professional who will help you find investment properties in the area you are interested in. They can also give advice on how to make your investment property more appealing to potential buyers, and what type of financing options may be available for your purchase. There are many benefits that come with choosing an investment property real estate agent but finding one may not always be easy. In this article, we’ll provide a list of questions that can help identify if someone is investor-friendly or not.
Asking a few questions before signing on the dotted line with the help of an investment property real estate agent might just save you some money and time down the road. Below are some questions you should ask investment property real estate agents before hiring them to help with your investment property hunt:
Questions You Should Ask Before Choosing Your Real Estate Agent
- 1. How long have they been working as an investment property real estate agent?
- 2. Do they specialize in investment properties?
- 3. What is their success rate in finding investment properties for clients?
- 4. Have they ever worked with anyone who has invested in a similar type of property as what I am looking for? If not, will they do the necessary research to ensure my interests are protected and met during this process?
- 5. Is the investment property real estate agent licensed and insured? (It’s best if they have Errors and Omissions insurance)
- 6. How much do they charge for their services?
- 7. Will they provide me with a list of investment properties that fit my criteria as well as contact information for the sellers/agents?
- 8. How often do they check in on their clients throughout the investment property buying process?
- 9. Do they have any personal relationships with lenders or title companies that could benefit me when securing financing or completing the purchase transaction?
- 10. What type of aftercare do they offer to ensure I am still protected even after I’ve closed on my investment property?
If an investment property real estate agent can answer “yes” to most (or all!) these questions, it shows they have a wealth of knowledge and experience in this market – both as an investment property real estate agent and as a buyer’s representative. They will likely be more invested in finding you the perfect investment property to match your needs, wants and budget, saving you time and money along the way.
On the other hand, if an investment property real estate agent can only answer a few or no questions, it might be worth considering whether they are truly investment-property-focused (or even licensed), or if they are trying to do too many things at once. Remember: working with someone who is inexperienced could end up costing you more down the road when problems inevitably arise during the buying process. Don’t hesitate to ask these questions before choosing an investment property real estate agent. Doing your homework now could save you time and money in the long run.