Judging by the phone calls I am receiving and the clients I work with, this new real estate market definitely has its upside: better real estate investors. The buyers I am working with now seem to be patient, cautious, and know more about buying real estate than.... well, me. And no, that does not bother me. I am an expert in getting them the house they want, knowing the red flags, warning them of potential concerns that can get bigger later, but I have not spent twenty years investing in real estate and frankly when I meet someone like that, I am learning as much as I am sharing my knowledge.

It's a deadly combination and I'm beginning to see more of it lately in this Sacramento market.

The best part? I don't get phone calls from people that have watched a show of Property Ladder and decided to flip. I don't have messages from neighbors of REOs who want to mow the lawn and put a lien on the house (yes, it actually happened!) and I don't wonder or worry about liability issues from people who want to invest risk-free. In other words, I'm not the only expert out there when I'm out with a client.

How refreshing! 

 

3 Comments on A Better Breed of Investors?

APR
14
2008
1 Featured Post
This could be good or bad but either way it is going to continue.
1:06pm • #1
I believe that it'll  be better overall for the market with the new, improved buyers out there.  I'd rather have neighbors that have something to lose than the people that were moving into the neighborhood with "no money down" loans.  Yes, it's a new day!
1:18pm • #2
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Investors are certainly sharpening their pencils.  I think one of the benefits of this market in Sacramento, is the speculators have left the building, leaving more room for the real players.      Erin 
5:45pm • #3

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PURVA BROWN

Sacramento, CA

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