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Updated over 2 years ago on . Most recent reply

5 Vital Questions to Ask Your Realtor Before Investing with Them
When investing in real estate, having a knowledgeable realtor is crucial. To ensure they have the skills you need, below are five questions to ask. If they cannot provide a satisfactory answer to any of these questions, move on to another candidate.
- Tell me about your investment team. If they don't have one, consider finding another realtor.
- Who chose the properties, you or the client? If the client has made selections, find another realtor.
- What were the primary criteria used to select properties? You're looking for a reasonable answer based on data analysis, not personal opinion or "feelings."
- Can you describe the target tenant pool? If they cannot provide a clear answer or do not understand the question, move on to the next candidate.
- How were rent and time-to-rent estimated? If they reply Zillow, Redfin, Rentometer, or any online site, they do not have the expertise to evaluate investment properties. No online tool can provide accurate, property-specific rental estimates.
There are more questions I can add, but the above is a reasonable start.
Do you see anything critical missing?
- Eric Fernwood
- [email protected]
- 702-358-8884

FERNWOOD Team, KW VIP Realty
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