Should You Buy Property Without A Real Estate Agent?

Oh boy! I get this question once every two weeks. Many inexperienced buyers think buying without representation is a good way to make money in the buy. 

“The listing agent will for sure shave 2% off his commission to help me get a deal, right?”

Big, big LOL. 

In this episode, I explain why having your OWN agent can make all the difference when it comes to buying property and why forgoing representation is NOT a fast track to making easy money. I share tips on how to protect yourself and your investment when you buy.

So, if you're thinking about buying property as a newbie investor, you shouldn't miss this episode!

What we learned from Terrie Schauer in this episode:

- The TWO BIG THINGS you need to consider when buying a property without a real estate agent.

- Why you should understand how real estate agents get paid.

- The importance of having your own real estate agent.

- The complexity of a real estate transaction and how you can simplify it.

- How to protect yourself from being ripped off as a beginner investor.

- How to generate a financing refusal and why it’s important. 

- The importance of having a ‘Power Team’. 

Success Quotes:

"A lot of people think that they can save money by working with a seller's agent directly, and this is a big, big, big mistake.” - Terrie Schauer

Timestamp:

00:00 - Intro

00:54 - The two cases you need to consider when buying a property without a real estate agent.

01:38 - Terrie discusses why working with a seller's agent directly is a BIG mistake. 

04:22 - How to protect yourself from being ripped off as a beginner investor with Terrie’s tips. 

05:50 - Terrie talks about mortgage financing. 

08:04 - Terrie shares how to generate a financing refusal and why it’s important. 

11:14 - Terrie highlights the importance of having a Power Team. 

13:39 - Terrie shares the personal experiences she’s getting from the newbie investors. 

16:28 - Outro 

Connect with Us:

Facebook Page: https://www.facebook.com/restateinvestorsclub/ 

Email: [email protected] 

Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/ 

Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/ 

Terrie Schauer’s “Mindful Landlord” book: https://mindfullandlord.com/