Most experienced investors know what they’re doing when it comes to real estate investing. That’s why savvy investors work with agents. Working with an agent is usually more profitable for investors – which is, after all, the whole point of investing in real estate. A good agent can help an investor save money and time, as well as help in finding properties that will work best for the investor’s particular business model. So let’s see why every great real estate investor in Baltimore needs an agent on their team.
You’ve no doubt heard the old saying that goes like this: “Make money the easy way – spend less.” This bit of financial wisdom certainly applies to real estate investors in Baltimore. Cutting costs means more profit. And a good agent can help an investor do that.
Investors new to the business often think they are saving money by buying properties themselves. Actually, though, it’s usually the reverse.
Agents who work with investors as part of their team have valuable and hard-won knowledge, experience, and expertise to help investors find the best ways to negotiate prices. Paying an agent’s fee in order to wind up saving tens of thousands of dollars on a property purchase is absolutely worth it. Every great real estate investor in Baltimore needs an agent on their team to achieve these substantial savings
Another reason a real estate investor in Baltimore needs an agent on their team is the time savings. For, today, time is indeed money for business owners, especially for real estate investors who are pulled in so many directions and have to wear so many business hats.
In addition, many investors have another job besides their real estate investment business. Without an agent on their team, these investors may have to sacrifice family time and their precious little leisure time to run their investment business. Finding and researching likely properties can eat up a ton of time.
An agent’s job is to do all that searching the market and researching the properties for an investor. And that frees up your time so you can take care of other urgent business matters. Time is money, and the less time you spend on tasks that can be handed over to an agent, the more your investing dollar earns you per hour.
An agent can also assist with other important tasks and duties like setting up landlord insurance and arranging property management (even before settlement). An agent can streamline the whole process and avoid (or at least reduce) complications – and save you tons of time.
Meets Business-Model Needs
Every great real estate investor in Baltimore knows that there is something unique about their business model and so realize they need an agent on their team. Some investors do nothing but fix and flip, others buy and hold in order to rent or sell later, and still, others have a combination or hybrid model.
A major task for investors, then, is determining exactly which properties best fit their business model and then sifting through all the possibilities to find exactly those properties. These are things a good agent can be a huge help with.
Investors work with agents so that they don’t have to shoulder all this burden themselves. As an investor, you build a relationship with your agent who then knows exactly what kind of properties you need. The money- and time-saving result is that you can just turn your agent loose with an idea of what to look for, and then your agent will go out and find it for you. With a thorough knowledge of your business model and business needs, a good agent can tell you what you should buy or not buy.
So why does every great real estate investor in Baltimore need an agent on their team? It’s pretty simple really: to save time, to save money, and to do what best fits the business model. So if you’re a Baltimore investor, find out how our agents can help you streamline your business and make more money. Give us a call today at 443-928-4550 or send us a message!