In this flip tip, Kris discusses the importance of having a great Realtor on your team. Your Realtor must be a pro. You need an experienced agent who is familiar with the needs of an investor, preferably an agent who is also a real estate investor.
A lot of investors try to save money by hiring newbie or discount brokers, this is a horrible mistake. You need a seasoned Realtor who can help you negotiate a great price and make sure you get the true value for your flip. Thousands can be lost with the wrong Realtor.
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Transcription
"Hey how's it going, it's Kris with Phoenix Cashflow Properties. I'm here today at one of my listings. This is a fix and flip that one of my clients sold, that's why I'm here today, because we sold this baby! We are picking up the lockbox and we are clearing out because we will be closing escrow today. My client was able to close this property and get paid all while being on the beach, he's on the beach right now as we speak. So how did he do that? He did it because he has a great Realtor, and that's what you have to have if you want to be a successful investor. A good Realtor will know how to properly price a property, market it, negotiate offers as they come in, and do the little things like meeting the appraiser when he comes out because those are some of the most important things to get your price when you are doing your flip. So, the moral of the story, have a good Realtor on your team, they are worth more than their weight in gold, they will save you way more money than they will cost you. Dont' go with a discount broker because they don't really care, they don't work hard, you need someone who is also an investor and knows what you need. So...if you want to make money while YOU are on the beach, just like my client is right now, follow us. At facebook we're at Phoenix Cashflow Properties, on Twitter and Instagram @azhomerenovator."
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