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Updated over 9 years ago on . Most recent reply

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Reed A.
  • American Fork, UT
2
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14
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Calling all Utah Real Estate Agents

Reed A.
  • American Fork, UT
Posted

I am looking for a Utah real estate agent that does their own real estate investing. I want to invest in Utah county. But I want an agent that knows the in's and out's of Utah and investing in real estate.

If you or someone you know fits this description please talk to me thanks!

Most Popular Reply

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Douglas Larson
  • Rental Property Investor
  • Salt Lake City, UT
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410
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Douglas Larson
  • Rental Property Investor
  • Salt Lake City, UT
Replied

@Reed A.

I'm not an agent, but I play one on TV. . . . or maybe not.

I have worked with lots of agents all over Utah, and a few in So Cal and Hawaii. One tip I'll give you is to get pre-qualified by a lender and to know EXACTLY what you are looking for. If you aren't a serious buyer, ready to pull the trigger, you probably won't attract a serious agent that knows his (or her) stuff. If you are clear about your goals, target market and capabilities you should start to network at the local clubs like UVREIA. You will match up with the right people pretty quick.

When I hear newbies at the Salt Lake REIAs or lunch meetings try to find an agent that will "help them find a good deal" I think they are wasting their time. Either another investor (or agent) will sell them a mediocre deal, telling them it's a great one, or they will just be ignored because they are too vague. It's much better for new investors to get a clear understanding of what they want to do and then hone in on a specific price and area. If you tell the agents you meet that you want a flip property in Orem with 50K minimum equity and no older than 1950, but under $180K AND that you have your financing in place, you will be taken seriously and you stand a much better chance of finding the right agent and the right deal.

I hope that helps! Have fun out there!

  • Douglas Larson
  • Podcast Guest on Show #41
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