This is a great time for the wise investor to take advantage of some of the great deals that are available out in the Wilkes-Barre, PA real estate market. Our area is teeming with older homes that are coming on the market in droves at incredibly low prices. For investment groups like Real Estate Riches and others, it's like throwing chum into the shark infested waters. As soon as one of these morsels is thrown into the water, the investors are churning in their offers hoping to be the fortunate bidder to come away with the prize. No, this market isn't one for the meek. It'll take quick, decisive action to survive in these blood-filled waters.

 

 I've seen the whole gambit of investment strategies with these investors. There are the low-ballers, who throw a lot of paper at a lot of sellers, hoping to catch the right one at the right time to close the deal. These guys aren't the most successful with  their strategy, but they're busy and I guess that makes them feel like they are accomplishing something. They'll be on an infomercial soon, talking about how they bought their last property for pennies on the dollar. If they don't run out of energy (and Realtors who want to spend a lot of time writing offers for them) and they can take the continual rejection, they'll find some level of success.

 

 There are the patient ones who, like a trap-door spider hang out and wait for the right property to come along. Then, like a lightning bolt, they flash out with their fullpricecloseinthreeweekswithcashandforgettheinspectionsplease offer and move on to closing and a rehab. This is very likely the Realtors favorite kind of investor. They don't come around often and they sure won't pay the bills, but they're a sure shot and we love to get that call.

 

 And we can't forget the slow and steady, patient investor who will make sure those numbers are dead on before making their offer. They have the whole transaction calculated to the dime before the offer is put in. These are the ones I really hope get the nod, but it's a battle these days. The good thing is that these investors don't get emotionally involved with the property. It is just business after all. The offer wasn't accepted? No problem, let's move on. They are the ones who will be retiring when they plan to, with their investments paying the bills.

 

Whatever the case may be, I am just happy to be a part of the process. I thank God every day that I am a Realtor and can actually pay the bills by helping others fulfill their Real Estate dreams in Wilkes-Barre, PA. It's helpful that I also own a Property Management Company, so I can help those investors manage their properties, should they decide to hold and rent them.

If you are an investor, hoping to invest in the Wilkes-Barre market, get in touch with me today. I can help. If you know of someone who wants to start investing in the area, send them my way as well.

 

My name is Andrew Trevino. I am a Realtor, working in the Wilkes-Barre, PA area, and I'm affiliated with TradeMark Realtors Group. Thanks for investing your time in reading my blog. If you're interested in contacting me, please visit my website at http://www.wilkesbarrehomesales.com/

                                                             TradeMark Realtors Group

 
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3 Comments on So, you want to make it big in Wilkes-Barre Real Estate?

APR
23
2008
138,387 Points 3 Featured Posts Outside Blog
Hi Andrew -- good promo for investors.  I am seeing all three of your examples, and I am selling my REO listings to all three.  Interestingly (and I won't say in print) you can never really know which type of investor is going to pull a hat trick for you: great offer, cash deal, short escrow with no conditions.  I'm still surprised and still lovin' almost every minute of it -- though we hate the calls on the way to church on Sunday, caught handily by voicemail.  God bless you!
9:14pm • #1
APR
24
2008
4 Featured Posts
Andrew, I subscribed to your blog because I am from the valley and still have so many relatives there - I want to be able to talk to them with knowledge and your blog supplies it (I will refer to you if I can).  Seems you are in a similar boat to Michigan.  I am putting my effort into investors as well and it is paying off slowly but surely.  Work the market that is buying and selling - there is no greater avenue to success.
12:57am • #2
7 Featured Posts

Terry,

Yes, there does tend to be that call on Sunday morning...or last minute anyway, to put in that offer or see the newest fixer-upper to hit the market. It's still exciting and a lot of fun to deal with on my part, and yours too I hope. May God bless you as well! Thanks for the comment.

Susan,

I will continue to try to supply the latest info on my market for all to see and, of course, I'll take the referrals any time you want to send them.

I am definitely putting my efforts into helping the investors in our area. It's bigger than them and me. It's a great part of the revitalization of our area and I'm happy to be a part of that. Of course, I enjoy the business both before and after the sale.

Thanks for the comment and for subscribing to my blog. I enjoy your comments.

6:33am • #3

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Andrew Trevino Wilkes-Barre Homes For Sale

Wilkes Barre, PA

More about me…

TradeMark Realtors Group

Address: 303 Wyoming Ave. , Wyoming, PA, 18644

Office Phone: (570) 613-9090

Cell Phone: (570) 991-1073

Email Me

It's all about the Greater Wilkes-Barre Area and fulfilling people's needs to find or sell their home. You'll find helpful hints, good advice and an occasional rant or two. Hey...it's the W-B! Check out my website at www.wilkesbarrehomesales.com



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