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How To Find Your Investor-Friendly Realtor
Use THESE Questions To Find Your Realtor And Build Your Team Quickly
How To Find Your Investor-Friendly Realtor
Your investment-friendly realtor is arguably one of the most important members of your team.
Whether it’s your first property or your 10th, having the right investor-friendly realtor is crucial.
Here are 3 steps to find your investment-friendly realtor for any market:
Reply to this email with your market, and we’ll connect you!
In sites like Zillow, Trulia, and realtor.com, reach out to the most productive agents
Go to BiggerPockets, select your city, and check the review of the select agents
It is important to select 2 to 3 agents when entering a new market.
Don't sign any non-compete contract with any agent, until you isolate the property you want.
When vetting a realtor to guide you through the complexities of the real estate market, it's crucial to ask the right questions to ensure you find a knowledgeable, experienced, and compatible professional.
By inquiring about their background, market expertise, communication style, and track record, you can assess their ability to meet your needs and facilitate a successful transaction.
Additionally, understanding their fees, availability, and support network will provide valuable insight into the quality of their service.
Here is a comprehensive list of questions to help you make an informed decision and find the perfect fit for your real estate journey.
Experience and Background
How long have you been a real estate agent in this market? (>2years)
How many transactions have you completed in the past year? (>20)
What types of properties do you specialize in? (your buy-box)
Do you work primarily with buyers, sellers, or both?
What is your experience working with investors? (this is a must)
Market Knowledge
How familiar are you with the neighborhoods I'm interested in? (your buy-box)
What trends are you seeing in the local market right now? (expect a long answer)
How easy is it to find the house I am looking for? (your buy-box)
What’s the average days-on-market for this market? (<60days)
What kind of offer contingencies do you recommend?
Communication and Availability
How will we communicate throughout the process (phone, email, text)? (phone)
What is your availability? Are you available on weekends and evenings?
How quickly do you typically respond to messages? (<2hours)
Will I be working directly with you or with a team? (you need the full attention)
Can you share examples of challenging transactions you've handled and how you resolved them?
Fees and Contracts
What are your commission fees, and are they negotiable? (2 to 3%)
What is the duration of your contract, and is there an option to cancel if I’m not satisfied? (normally you don’t want to sign any contract from a buyer’s side)
Support and Resources
Do you have a network of other professionals (inspectors, lenders, contractors) you can recommend? (you should get a clear yes)
Personal Fit – Optional
What do you enjoy most about being a real estate agent?
Why should I choose you over other agents?
How do you handle conflicts or disagreements with clients?
🎥 YouTube Video of the Day:
The Real Estate Team You Need to Buy Your Next Rental Property
Watch Now
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