buying a fixer upper can be a very difficult and frustrating experience for the novice investor fixer upper but significant opportunities. If you are a newcomer and you are considering purchasing a fixer upper, ask yourself maybe, if you are an agent. In this article we will give you the pros and cons, so that your own decision.
Before the use of a Buyer's Agent
1. Hire a buyer's agent specializing in Foreclosure, you have access to homes that are currently on the MLS system or not even listed. Many brokers have partnerships with banks and loans and viable list of properties that are not even accessible to the public. And by the recruitment of an agent, you have this information.
2. A Buyer's Agent knows the market and can offer sound information on the basis of their experience with fixer uppers.
3. A Buyer's agent probably has good contacts and you can probably come into contact with companies, mortgage and / or bank loan officer, in a position to offer funding opportunities.
4. A Buyer's Agent is that you (and not the seller), so it is very likely that they will work diligently on your behalf. That is, unlike the seller's agent, they do not try to find the best price for their customers. Instead, they are working diligently to find appropriate properties and fixer upper in your name.
5. A Buyer's Agent listen to your needs and help you discover fixer upper properties that meet your exact needs. They can also negotiate on your behalf so that you the best possible treatment.
Disadvantages of Using a Buyer's Agent
1. They are not in a position to negotiate directly with the seller. In essence, you will not be able to handle a relationship with the seller, which is very good compared to a better outcome for you.
2. Your agent will be paid a fee for their services. Since most buyers agents are paid directly by their customers and not from the sale, this money will probably be out of the bag.
3. You can search for suitable fixing upper properties for sale on your own, and if you have a good negotiator, and the companies know you do not need a buyer's agent working on your behalf.
4. Some buyer agents pressure you into signing a contract, however, if an agent is paid in advance and not depending on whether a sale, you should not feel under pressure to purchase a specific property fixer upper.
To summarize, there are advantages and disadvantages of working with a representative of the buyer. Through careful evaluation of the two sides and your personal situation, you should be able to determine whether you hire a buyer's agent to provide you with your next fixer upper property purchase. If you do, good decision and choose someone who is well versed in fixer uppers and make sure that they are your best interest to consider before you make your exclusive appointment.
Sal Oppenheim jr & Cie Vannutini is the author of "Power 8-profit secrets, so that more money with less risk in Real Estate", "a free strategy report for investors. Get your free copy at http: / / www.FastFixerUpperProfits.com today.
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Brendann
on วันพฤหัสบดีที่ 30 กรกฎาคม พ.ศ. 2552
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