Tag: real estate investing

  • Finding the Right Realtor for Your Real Estate Needs

    Finding the Right Realtor for Your Real Estate Needs

    Whether you are looking for a home of your very own or are interested in creating a long-term working relationship with a realtor for the purposes of property investment it is very important that you find a realtor who will listen to your needs and wishes and act accordingly. The right realtor for your needs can mean all the difference in the world between a successful and profitable transaction now as well as many more in the future (if you plan on investing in multiple properties). Below are some important things to notice when selecting a realtor that will meet your needs.

    1. Does the realtor you are considering listen to your needs? This is important as it will save you both a lot of time and money in the process of finding the perfect home for your family or for an investment property. If the realtor is constantly presenting properties that do not meet your budget or price requirements it might be a good idea to either lay down the law or find a realtor that is willing to expect your wishes and needs.
    2. Does he or she ask questions and provide appropriate feedback? This indicates a direct interest in your needs, which is important—particularly when planning for a long-term investment relationship though some find it even more important when purchasing a home for their family home as this is a personal matter rather than a business matter. We all have a tendency to be more selective when placing the welfare of our family in the hands of another.
    3. Do you feel comfortable dealing with the realtor you are considering? As I mentioned above we tend to be a little choosier when selecting professionals to help our families. Why on earth would be any less so when it comes to the realtor that will help our families find a home? Rapport is a good word to describe the sort of relationship you need to develop with your realtor. Do you have a good rapport with a potential realtor? If not, then move along. There are many realtors in most cities and there is absolutely no reason that you should deal with a realtor that doesn’t make you feel comfortable and secure.
    4. How well does the realtor in question know the area in which you are seeking a home? There are many things that make a home a ‘good buy’ for residential and investment purposes. You want a realtor that has his or her finger on the pulse of the city and the various areas of interest, growth, and decline within the city. School districts matter more now than at any other time in our history in most cases, he or she should know about the schools, new business developments, and the value of property in the area (as well as the tendencies of property values to rise or fall over the last several years). 
    5. Does the realtor in question have specific experience dealing with your specific real estate needs? Whether you are planning a residential transaction or if you are seeking investment property you will need a dedicated and experienced professional that can help you meet your goals.

    Realtors are a dime for a dozen in most cities and competition is fierce. There is no reason whatsoever that anyone should suffer with an agent that you do not feel is working for you or have your best interests at heart. If you invest a little bit of time and energy shopping around for the right realtor to meet your needs, you will find that your real estate transactions will take much less time and effort for this small sacrifice. It is much better to make the decision based on a few careful interviews in the beginning than after looking at fifty or more homes that do not meet your needs or price range. Then you have wasted a great deal of time and effort and you must still either risk wasting more time and effort or take the time to select another realtor for your real estate needs.

    I also highly recommend selecting a real estate agent with a significant online presence. This means that he or she is making use of the available technology in order to offer more options to you as the consumer. Buying a house can be a mind-boggling process for the average person. Having a good realtor can make the process work so much more smoothly.

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    At Luxury Realtors, we are a brand showcasing award-winning luxury real estate developments for homes and investments worldwide. Luxury Realtors is led by me Lena Benjamin, and I have over ten years of experience in property management, real estate, and the built environment. Host of Property Business Podcast for property wealth-building opportunities globally. Visit luxuryrealtors.xyz to find out more.

  • Tips for Finding Success in Real Estate Investing

    Tips for Finding Success in Real Estate Investing

    Finding success in real estate investing isn’t easy, and you shouldn’t assume that it’s going to pan out smoothly once you jump in. Yes, there are lots of opportunities to make money and find success in real estate investing, but there are also no guarantees. If you want to find real and lasting success with your real estate investing ventures, the tips below will help you out a lot, so keep reading.

    Have a Clear Plan in Mind

    It’s always a good idea to have a clear plan in mind for how you’re going to approach investing. There’s no one single way to invest; it’s something that can be approached in a wide variety of different ways. But if you’re going to find success as a real estate investor, you need to have an approach that’s going to work for you and serve you well moving forward.

    Understand the Local Market

    Understanding the local market is vital in real estate. Most people will confine their investing activities to one particular city and region, and there’s a good reason for that. It allows them to develop a deep and comprehensive understanding of the real estate market in that particular area. The better you understand, the easier it’ll be for you to uncover great investment opportunities.

    Consider Working with a Property Management Company

    If you want to take some of the workload off your shoulders, it makes sense to work with a professional and reliable property management company that can meet all of your needs for you. There are lots of them out there and by working with them, you’ll free up your time to focus on other aspects of investing while they manage your property portfolio for you.

    Build a Good Network Around You

    Having a good network of people around you is really important. When you find people who you can work with and who offer the skills that you’re not capable of providing, it makes your life a lot easier. For example, you might need a team of professional electricians, plumbers, builders and other professionals to call upon when making upgrades to the properties you invest in. Having a good network makes that simpler.

    Find Your Particular Niche

    Finally, you should think about what your particular real estate niche is. There are so many ways in which you can invest in real estate. Are you going to invest in commercial properties and rent them out? Or are you looking for residential properties at auction that you can renovate and then sell at a profit? Those are just two examples among the many niches you might want to carve out for yourself.

    Now that you have an understanding of what it takes for you to find real and sustainable success in the world of real estate investing, all that’s left for you to do is get started. Heading out there on your own as an investor for the first time is daunting, but you’ll learn a lot along the way.

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I’m Lena Benjamin—global growth strategist and author of NIFTY, expanding into sustainable fashion and film. With 25+ years of experience in over 30 cities, I advise on UK buy-refurb-sell property ventures and have worked with startups, corporates, and SMEs. From Amazon interest to FT recognition—let’s unlock your next move.

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