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Understand your investment strategy
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Know the local rental and investment landscape
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Move fast and negotiate strategically
If you want an agent to help you identify residential properties suitable as investments, be sure to find agents who are also experienced investors (either as landlords, flippers, or developers).")
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Frequently asked questions
- A realtor is a member of the National Association of Realtors (NAR).
- A real estate agent is anyone who’s successfully completed the coursework required by their state.
- The definition of a broker varies by state. Some states denote brokers as agents who have successfully completed extra coursework and licensure, while other states use the broker designation for all agents.
- As of August 17, 2024, homebuyers may have to pay their own real estate agent fees separately from the seller. This is the result of a settlement agreement between the National Association of Realtors (NAR) and other parties. The agreement includes the following changes that are important for you to know:
- Listing agents: No longer specify how much the buyer's agent will be paid
- Buyer-agent compensation: Not allowed in listings on Multiple Listing Services
- Contracts: Buyers must sign a contract with their agent before touring any potential homes
- Sellers: Can choose to offer compensation to the buyer's brokers
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If a buyer has to pay for their agent’s representation, they can pay upfront with the down payment and closing costs, or roll the payment into the mortgage. Be sure to talk to your agent about this.
- For more information, visit https://www.nar.realtor/the-facts
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