3 Tips for Finding a Real Estate Agent (for Investors!)

by | BiggerPockets.com

New to investing and looking to find great deals? Here’s your best bet: find an investor-friendly real estate agent.

There’s no shortage of agents—it’s not difficult to find one. There are fewer agents, though, who possess the necessary knowledge and skills to help out investors.

I’m an agent and an investor, and I want to share with you some tips for tracking down the best possible real estate agent for your purposes.

Related: The New Investor’s Guide to Hiring a Real Estate Agent

How to Find a Real Estate Agent (for Investors)

  1. Google isn’t going to help you. You’d be hard-pressed to find a real estate agent who labels himself or herself as “investor-friendly.”
  2. Look for agents who consistently list renovated properties. More than likely, the investor who renovated the property is listing it with the same agent who helped them find the deal.
  3. Get out and network. Go to meet-ups. Ask questions. Most people love to share information.

In the video above, I go into further detail about how to successfully search for and find agents who have experience working with investors. By implementing these things, I assure you that you’ll take your business to the next level!

Is this information helpful? Do you have any tips or tricks to add? 

Let me know in a comment below.

About Author

Neva Williamson

6 Comments

  1. James Gorman IV

    Agents & even many Brokers seem to have little enthusiasm to be an investor-friendly real estate agent; it could be a skill set matter or a preference in dealing with residential sales only. Commercial agents quite often tend
    to be proposed future Proforma Oriented, interested in providing what may happen into the future rather than factual data of today.

    • Katie Rogers

      The reason they do not want to work with investors is that a lot of investors are not moved by their typical closing tactics. Investors run the numbers and if the numbers don’t work, the investor won’t buy. Investors tend to be savvier and will not be swayed by nonsense. Offers from investors tend to be lower than naive homebuyers because investors need to have at least a little room for profit.

      In my community, seller are listing their trash houses at their ARV, and end up languishing on the market for months while incrementally reducing the listing price until they finally get an offer,

  2. Estelle Angelinas

    I found my “investor friendly” agent by chance. My sister was looking for a house to rent, and so I figured that if the agent helped in finding tenants for rentals, she must be investor friendly. I asked her to contact the agent and put me in touch. I was pleased to find out that she could help me find properties, but would also be able to find tenants, do the necessary screenings, etc. The MLS listings she sends me are often houses that have been recently renovated or need renovations. Some are in OZ. Others are already occupied by tenants.

  3. Maria Teo

    Real estate agents reach out to me about my properties but I am hesitant to talk with them too much because I don’t want to give the false assumption that I want to work with them. The real estate world is relatively small so I don’t want to burn bridges but I also want to be able to shop around to see what services/expertise various agents/companies can offer me.

    What is the best way to navigate this? How can I get to know an agent without committing myself? What questions should a prospective client ask an agent to better get to know them?

    Thanks!

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