The role of an estate agent is to facilitate the sale of a property. Whether they are acting on behalf of the buyer or seller, it is the estate agent's responsibility to provide honest and informed guidance that is fully aligned with their clients' needs.
An investment real estate broker is a licensed real estate pro who specializes in helping investors find properties. Investors face two challenges: first, they need to know how to find an investment-savvy agent and secondly, they need to understand and speak the same language.
Image Source: Google
Investor Mentality vs. Agent Mentality
The kind of person who is attracted to becoming a real estate agent seems to be a conservative, "play it super-safe" kind of person – effective qualities for protecting the interests of mom and pop – but they lack the entrepreneurial spirit that thinks outside the box needed by investors.
As an investor, you need to understand the agent's specific function on your team, and not expect anything from them that is outside of their area of expertise.
Advantage of Working with an Agent
There are many advantages to investors in working with an agent. You delegate the "right" tasks to your agent which frees you up to do what you do best, finding creative solutions to ordinary problems.
Many real estate agents are extremely good at what they do, and many more that are not. It is your job to sort through the crowd and find someone that satisfies your needs and expectations.