Statesville, NC · Member since 2016 · 15 posts · 1 vote
Hello everyone. To be short and direct, I need an Real Estate Agent/ Investor who can pull comps on an extensive list of properties today. I will also need MLS listings to provide to inspectors. Lastly, if you are interested in an unlicensed RA assistant we can discuss incentives. I am in Statesville, North Carolina which is about 50 mins from Charlotte. Thanks everyone.
@Lashonda Jones it might be more helpful to talking about what value you can bring to an agent partner. When I read this I just see a long list of wants.
Real estate agents are in the business to make a living, and every minute of their days needs to be going to income producing activities.
Another thing I suggest is to take some time to learn your market. When you know your market inside and out, you will not have to depend on an agent to pull comps for a long list of properties.
@Lashonda Jones it might be more helpful to talking about what value you can bring to an agent partner. When I read this I just see a long list of wants.
Real estate agents are in the business to make a living, and every minute of their days needs to be going to income producing activities.
Another thing I suggest is to take some time to learn your market. When you know your market inside and out, you will not have to depend on an agent to pull comps for a long list of properties.
I am not in your state, but if a CT "investor" contacted me to run comps on a slew of properties I would have a lot of vetting type questions to ask before I considered doing so.
Don't get me wrong, I have clients I run comps for all the time but I like to get an idea of what they are all about and what their goals are before devoting to much time to them.
I am not an agent or broker, but I love them and have done SUCCESSFUL BUSINESS with them over the last 40+ years in Northern Calif. Very good for both of us........but............
Have you ever wondered what it might be like if you didn't have a regular job? I don't mean you wouldn't go to work anymore. What I'm talking about here is working for yourself, like I do. Working for yourself is different! To start with, the more effort you put out, the more you'll benefit yourself. Think about that for a moment. Usually it doesn't work that way. When you are an employee, more often than not, your extra efforts only benefit the company. That's one very important difference when it comes to achieving your personal financial goals.
For example, when I fix up rental houses for monthly cash flow or to sell for a profit, all the money I earn from my efforts is mine to keep. When you work for someone else, it's not the least bit uncommon to make thousands of dollars for the company, and yet very little extra for yourself. I often explain this earning discrepancy to real estate agents who ask me if I think owning properties is more profitable than simply selling them. Let's say I purchase a $100,000 income property for $80,000. When I buy the property through my agent, he will earn a 6% commission or $4800. Generally he only gets to keep $2400 for himself. But that's it!
My earnings are a whole lot different. First, there's my $20,000 of non-taxable upfront profit or discount for having the "know-how" to buy at less than market value. Next, I'll probably "fix up" the property, raise the rents and enjoy monthly cash flow. Finally, I may choose to sell my fixed-up house for $120,000 by offering very attractive terms.
It doesn't take a mathematical genius to see that by working for myself, I have substantial financial advantages, over my agent. I have the flexibility of earning money in several different ways. In the example above, my agent nets $2400 while I will profit $40,000 on the very same property. That's almost 17 times more profits. Needless to say, it's also one of the secrets to becoming financially independent in the shortest, possible time.
You figure out what kind of property you want and have your agent help you buy it.
I as an investor will not deal with a realtor that is also an investor. That would make them my competition. And like it or not they would keep the best deals for themselves.
Wow. Thanks for replying everyone. I've learned as a new investor, people aren't willing to help as much as they say they will. However, @Brandon L. after marketing to hundreds of Real Estate Agents, some reached out to me and offered to help me. I'm pretty sure once we meet and get to know each other, then we can develop a business structure that would be beneficial for everyone involved then they will know that its not just about what I "want."