Real estate agents may be all about the pretty houses that are sold on-market, but they can also help you get a lot of discounted deals. I have been working with realtors on my investments, especially out of state, and they have always helped me get the best ones I can find. 

 

Watch this video to learn why you should work with real estate agents and how you can use your local real estate agent to get you your next investment property either on-market or off-market at a discount for 45 days or less!

 

Key Talking Points of the Episode

 

[00:00] Introduction

[01:05] Deal Flow

[01:34] Connections

[02:18] Price Opinions

[02:44] The story of my 2nd largest wholesale deal

[03:49] The problem we encountered towards closing

[04:50] Why you should work with real estate agents

 

Quotables

 

“Real estate agents study to get their license, they sign up for a real estate brokerage, and they have access to leads and the MLS. They basically have way more access to deals, they have more access to that than an ordinary person.”

 

“As we started investing out of state, the key to our success is real estate agents.”

 

“If we can find a good agent, they have plenty of connections. Since they’re making money on our deal through commissions, they’re very happy to refer us to their connections.”

 

“If you have the right realtor that has actually done more than 10 or 15 transactions in their career, then they must know a little bit about how to find value, what the property is worth, what it’s not worth, what it’s worth when it’s fixed up, or what it’s worth all beat up.”

 

“It’s really important to get a realtor’s opinion especially when you’re investing out of state or if you’re just getting started.”

 

“The assignment fee is just the profit from a wholesale deal.”

 

“That just shows you that agents still can make you a lot of money if you know how to treat them and do what you say, and you eventually give them business so you can work together with them and you can make profit off each other.”