No matter who you talk about real estate investing, they will always tell you to hire a real estate agent to achieve more profits. But I am not going to suggest a real estate agent here rather I will prefer hiring a real estate investor. Surprised? Well, you should be because there are a number of advantages hidden in hiring a real estate investor which you will not realize unless you hire one. For your convenience, here are 3 utmost reasons you should do this:
Real Estate Investor Advantages
1. Real Estate Investor Has More Practical Exposure
No matter how many years a real estate agent has spent in your relevant industry, he/she does not have any practical experience of real estate investment. He/she is just busy managing the investment of sellers and buyers, and advising them how they can get profit through a particular investment. There is a great difference between theoretical suggestions and practical experience. Practical exposure gets you more confident about your investment techniques and you’re in a better position to provide consultancy to others about real estate investment. So consulting a real estate investor gives an edge as you can get suggestions from a person who is practically involved in real estate investments at the moment.
2. How to Finance Efficiently?
Underestimate or overestimate? No matter what your budget is, most of the real estate agents will tell you to underestimate your budget in order to avoid any loss in your real estate investment. But how far is this true? You never know! They are just playing blindly here. You might be missing something huge. A real estate investor is a better person for you to tell how to finance your budget and how much you exactly have to spend to maximize your profit. He/she will tell you an efficient calculated amount for your real estate investment.
3. Networking in the Real Estate Industry
Real estate industry is probably the oldest profession in the world and there is no doubt, it will continue to boom in future too. In any profession, which is competitive and incredibly profitable, effective networking is the key to success. If you are hiring a real estate investor instead of an agent, you’re likely to meet more people involved in real estate investments and potential buyers and sellers than you would end up meeting if you hire a real estate agent.