Wholesale Real Estate
Real Estate Wholesale Property – Get To Know The Agent
By Buyincomeproperty.com
Nov 18, 2005, 22:01

If ten people look at a particular piece of property, all ten would likely tell you some different things about that property. That’s because the impressions people take away from a walk-through is colored by that person’s own experience, judgment and preferences. This is no less true in real estate wholesale property deals than any other aspect of real estate.

It’s important to keep this in mind as an agent is telling you about a great deal that just turned up on the real estate wholesale property market for a couple of reasons. First, that agent may consider some particular feature or aspect of the real estate wholesale property as unimportant when it’s not. For example, it could be that the property is a single-family home in an area where duplexes are very common and single-family homes are in high demand. That could make your selling price higher and your selling time less – important factors in your decision to invest. Or the floor that’s sloping in the kitchen may be a sign of foundation issues that will cost thousands to correct – if it can be corrected at all. Any single agent of real estate wholesale property may have overlooked telling you (or even noticing) either of these facts.

If you know the agent who often calls you up with real estate wholesale deals, you’ll be better able to judge the deals simply from that agent’s description. More real estate agent – wholesale real estate or not – are optimistic and truly see the potential in almost any property. You as an investor have to be able to see through the potential to the reality of what it will cost to bring that real estate wholesale property to its potential.

Listen carefully to what agents say about real estate wholesale property, but take time to visit the property in person or at least send someone who has your financial interests at heart – someone who can accurately evaluate the real estate wholesale property and what it will take to have it ready for a new owner. Compare the agent’s evaluation with your own to get a better idea of how the agent views real estate wholesale property. It may save you the time of running to look at some future properties.

As you look over real estate wholesale property with the agent, talk about what you see so the agent can better understand what you’re looking for. He or she doesn’t want to waste time showing you real estate wholesale property that you’re not going to be interested in and this will help the agent better judge when to call you with a real estate wholesale property deal.