What To Look For When Choosing A Realtor For Investment Properties

What To Look For When Choosing A Realtor For Investment Properties

Whether you are thinking of flipping houses for sale in Calgary or making a property a source of passive income, you will need a seasoned Realtor® to help you navigate the waters of real estate investing. 

Not every Realtor® will be a perfect investing partner. Your Realtor® must understand that your needs are different from those of most buyers and sellers. Ideally, you should find a Realtor® who has experience working with real estate investors.  

The Mel Star team is an excellent choice when seeking a Realtor® to help you find the best investment opportunities like foreclosures in Calgary. Partnership with investors is a defining mission statement at our real estate firm, and we have the numbers to back it up. Connect with us to see how our Calgary Realtors® can elevate your real estate ventures to the next level. 

The Perfect Realtor® For A Property Investor

An investor-friendly Realtor® understands that you are not looking for a home to live in but an asset to make money with. The Realtor® understands that you do not care about the attractiveness of a new paint job or the added convenience provided by a nearby bus stop. They know that you are more interested in knowing how much the paint job or the bus stop can increase the monthly rent you could be charging or the resale value of a property. 

As such, the ideal Realtor® for you is a real estate expert with impressive analytical chops rather than an experienced customer representative who specializes in real estate. 

Here are some must-haves that an investor-friendly Realtor® possesses: 

They know the market like the back of their hand: The Realtor® who wishes to partner with an investor knows more than the approximate value of homes and the offerings on the multiple listing service (MLS®); they are also in the loop about market trends, housing statistics, and real estate news. They know about upcoming development projects and relevant zoning policies that could influence the value of properties on the market. They have access to insider information, such as pocket and foreclosure listings, and are aware of deals before they hit the MLS®. 

In short, look for a Realtor® who lives and breathes real estate一not an agent whose capabilities are limited to finding properties for sale and scheduling showings. 

They can crunch numbers like a pro: Encyclopedic knowledge of the real estate market is worth little if the Realtor® cannot quantify it into actionable insights. How much passive income could this property generate per month? What is the property’s after repair value? What information is needed to calculate a property’s cap rate? 

Your ideal Realtor® knows the answer to these questions. They have the tools and expertise to process what they know and estimate your return on investment for every property you are interested in. 

They are expert negotiators: Your Realtor® has leveraged all their resources to find you the perfect listing and has made the numbers work. Now, you need them to secure the sale for you. 

During the negotiation process, your Realtor® has but a single goal in mind: how to obtain or sell the property at the most advantageous price possible so that you can maximize your profits. This can be challenging, especially if the other party has a real estate agent on their side. 

Your Realtor® must be persistent and willing to get into difficult negotiations, confident that they can close the deal, and focused on protecting your investment.

Find Your Investor-Friendly Realtor® In Calgary 

A Realtor® who specializes in real estate investing has an entirely different skill set. They are cerebral, evidence-based, and daring. They have more in common with a financial analyst or an investment banker than a standard real estate agent who books showings and markets homes. 

The Mel Star Team has what you are looking for. Having worked with property investors and foreclosures in Calgary for more than 40 years, our top Realtors® know the ins and outs of the local market and have the training and experience to secure deals you would never think possible. Partner with us by calling (403)-861-9944 or by filling out the online contact form.

FAQs

Q: Will a Mel Star Realtor® help me with my real estate investment strategy?
A: Yes. You can count on us to help you devise a real estate investment strategy that adheres to your timeline, budget, and goals. 

Q: How long has the Mel Star Team been working with real estate investors?
A: Our most seasoned Realtors® have been working with Calgary real estate investors for over 40 years .

Q: How involved will my Realtor® be in my investments?
A: Your Mel Star Realtor® can be as involved as you want in your real estate ventures. Whether you want them to manage your entire investment portfolio or simply advise you on market opportunities, your Realtor® will be happy to oblige.

Contact Us

We are here to help and we'd love to hear from you. Call us at 403-861-9944 and we will be in touch shortly!

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