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Investors Boosting Business in Feast & Famine Times...

By
Real Estate Agent with Better Lifestyle Team

  I BUY PROPERTIES!!! - You've seen those signs stuck on everything

from telephone poles to car bumpers right?

  We were speaking with a friend the other day. A friend that has been in the business as a licensed RE agent for only a little over 5 years. He was telling us about how he has several investors that he has been working with from almost the beginning. This guy is always a top producer. It was interesting to us because we have noticed a pattern - that many RE agents who are successful both in slow periods and busy periods, seem to always have at least one or two investors that help keep them afloat.

Our friend went on to tell us how one particular investor had paid many of his bills over the years because the investor has purchased so many properties through him. In his case...over 50 closings!

Our broker also always has a list of several investors he works with that are constantly looking to purchase investment properties. Even in times like these, he has people looking to spend the money if he can find them the right investment properties.

We as a team have a few investors who regularly keep us looking for "Flip" properties or properties they can purchase and rent out, but with so many people searching for investment properties in the same price range, it can be very hard to find them in such a small county such as ours (Around 73k people.) Sometimes we venture to surrounding counties in the search. Personally, we are always on the lookout for properties that we can rehab and work as investments for us too! Lately when we have found one, we end up selling it to one of our friends though.

As experienced property flippers ourselves, we understand what a great investment flipping or renting a property can be. We would like to establish some more career-long relationships as the real estate representatives of people looking to purchase investment properties in the Upstate South Carolina area.

We would really appreciate any advice from those of you around the country who work a lot with investors. Advice on how to establish contacts with investors and possibly how to find people interested in purchasing investment properties? There's a wealth of knowledge here at Activerain, and we would love to learn some pointers. We know we can call the numbers on the signs we see stuck everywhere and make contact that way, but any more ideas?  Thanks Much!

http://www.scmountainlakeliving.com

Comments(1)

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Donna Marie Godfrey
Godfrey Properties - Pottstown, PA
Investors are sometimes tough to deal with......cash and low prices! 
May 05, 2008 06:45 AM