Sunday, October 14, 2012

The Real Estate Market and The Realtor



When your looking at the Real Estate Market and the great opportunities that are out there, using a realtor really makes sense.

I am a licensed real estate agent and I have 5 other ones on my staff.  My Realtors really know the market and the area's that my clients purchase in.  They scan their areas daily to get the best deals.  How do they do that?

My lead agent makes sure he knows all the deals that are available on the MLS (Multiple Listing Service) daily.  Some deals will only last a day, so looking at the Multiple listing service daily really is super important. We try and wrap up the best deals and most of the time we are successful in doing that.

We also look at estate deals that never hit the MLS.  These deals require cash on the spot, and there is usually little time to make a decision.  We purchased one in Cleveland Heights Ohio and I had to cash it out in one week.  The guy that had an option on it only had a week left on that option.  These deals never hit the open market.  Unless you are tapped into the people who buy this type of real estate you never see it.  You also need cash on hand to buy it.

I always use a realtor to make sure all the paperwork is legal and they know the laws in this state.  Realtors also have relationships with escrow companies to assist you in your transaction. 

Non-realtors may ask you to transfer a property outside of escrow.  That is very dangerous to do.  There may be liens on that property that will transfer with that property.  That means after it goes in your name or corporate name you are on the hook for those debts.

Using a Realtor in this or any market really protects you and your investments.  There are good and bad realtors.  That is where my company comes in.  We really screen our realtors and they work for Rooftopinvestment clients only.  That means you will get the best deals.  We also meet with them weekly to oversee all the transactions for our clients.

Rooftopinvestment is a second layer of protection for you the investor.  Our Realtors prepare a profit report for each property they put in escrow.  We carefully go over those numbers and verify them to make sure they fit our clients projections.  See there is so much to Real Estate investing that you need a company like Rooftopinvestment to over see each deal.

Investing in Real Estate is not difficult if you team up with the right investment company.  Brett Young Valley Realty

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