As
a real estate investor, especially for one to four units (including
single family), it is helpful to understand the role that a real estate
agent plays in helping you. Typically, the role is much different from the home buyers they serve. Although in both situations the buyer wants the lowest possible price, the criteria differs for an investor.
Someone
buying a home for themselves or their family to live in relies on a
real estate agent to meet their needs. Considerations include price, but
may also include a school district, proximity to work, transportation,
and/or shopping, and specific amenities. On the other hand, a real
estate investor might not be limited to a specific neighborhood or be as
concerned about the current condition of the property.
Some real estate agents and brokerages attempt
to serve investors by offering a list of local investment properties.
In many instances, the agent(s) doing so understand how to compile such
lists because they are investors themselves. This means that he, she, or
they get first crack at potential investment properties within the
area(s) they serve.
Consequently,
the investors they “serve” receive lists of properties which they
(agent) have, in effect, already rejected for themselves. In addition,
there are some real estate brokers selling software which is designed to
analyze potential investment deals. Worse yet, some brokers require investors, already paying to utilize the software, to then engage their brokerage to complete any of the transactions they have “analyzed”.
In other words, they expect investors to pay to analyze lists of
already rejected investment properties, and when they find one to purchase, then pay that same brokerage a commission on the purchase transaction.
Software to help real estate investors identify
and analyze investment property opportunities in local areas and around
the country is extremely helpful. However, it is even more beneficial
for real estate investing when not affiliated with a specific agent or
brokerage in any way. As a result, users can work with any agent or
broker they choose, even if only to handle the negotiations and subsequent purchase.
At the same time, they get a wider range of properties and more
thorough investment data to consider. The cost is often less per month
than some local providers and brokerages charge while including their financial and geographic restrictions.
In addition, users have access to scheduled updated training along with hours of training videos.
Details are available at http://PropertyChoiceDirect.com
