The Right Real Estate Agent Can Make You Rich

David Kline Lovett

Description

The book goes into detail regarding why an investor needs to have a real estate agent. It details the advantages of having an agent. It describes the many tasks, jobs, and services a real estate agent provides for their clients.

A real estate agent is much more than just an agent, they wear many hats and provide a plethora of services that are not apparent. An agent acts as a friend, partner, legal guide, information center, financial consultant, counselor , negotiator, liability advisor, and much more.

The reader will learn just how valuable a real estate agent is for them, they will learn how to locate the best real estate agent specifically for them. The reader will be informed on how to utilize a real estate agent not only to make their life easier, but for them to become wealthy.

Sujets

• Santé et bien-être
• Développement personnel
• Selling Homes
• Buying Homes
• Real Estate
• Employabilité, métiers et formations
• Economics
• Business

Informations

• Publié par: eBookIt.com
• Date de parution: 18 juillet 2015
• Nombre de lectures: 0
• EAN13: 9781456625177
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

The Right Real Estate Agent Can Make You Rich
93.5% of Everything You Need to Know
 
By
David Kline Lovett
Broker, GRI

Copyright © 2015, David Kline Lovett
The Right Real Estate Agent Can Make You Rich
93.5% of Everything You Need to Know
Published in eBook format by eBookIt.com
http://www.eBookIt.com
ISBN 978-1-4566-2517-7
ALL RIGHTS RESERVED. This book contains material protected under International and Federal Copyright Laws and Treaties. Any unauthorized reprint or use of this material is prohibited. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system without express written permission from the author/publisher.

 
Special Thanks
to
Rev. Dr. Joanne Coleman

The Right Real Estate Agent Can Make You Rich!
93.5% of Everything You Need to Know
This book was written for investors to better understand the true value of their Real Estate Agent:
A Real Estate Agent serves as a:
Friend
Colleague
Counselor
Negotiator
Time Savor
Deal Finder
Money Maker
A Valued Expert
Information Center

Acknowledgments
I’m grateful, first of all, for life. For whatever or whomever made this wonderful world and gave us the ability to live, to love, and to laugh. I’m so blessed to be alive at this time in history in this wonderful country, and have the ability, and freedom to write this book, to share the vision and some steps so we can have and be anything we desire.
I am thankful to my coach, friend, minister, guru, teacher, Dr. Rev. Joanne Colman. This book would not be possible without her encouragement and pit-bull-isht-ness. (I know that’s not a word…yet). Rev. Joanne gave me the tools, the confidence and the knowledge that I’m good enough. Thank you.
I acknowledge Rev. Kristina Collins, Rev. Karen Rice, Michael Bernard Beckwith, Teri Thayer, Jessie James, and David White Cloud Burkheart who have nurtured, taught, inspired, and encouraged me to believe in myself.
Special thank you to Shelly Greenhalgh-Davis, my editor, and to Ravi the graphic designer who designed the front and back cover. Thank you all for gifting me the encouragement and motivation to help me express and believe in my gifts and talents so I can make a contribution to the world, thank you!
Introduction

“Walking with a friend in the dark is better than walking alone in the light.”
~ Helen Keller
Author, political activist, and lecturer
The right real estate agent can make you rich! The most vital person to a real estate investor is their agent. Your real estate agent is the key to success in your investment business. Over 90% of all millionaires have made their fortune by investing in real estate, and so can you!
This book will help you realize how valuable the right agent is to your real estate buying, rehabbing, and selling success. They perform a plethora of duties to make sure your investment projects are profitable. A well-selected real estate agent can assist you in every aspect of your real estate investment business. Your agent will become your partner, friend, guru, and even psychologist for you and your business.
After reading this book, you will know why you need a real estate agent to ensure the best outcome for your projects. You will be able to locate, select, and assist your real estate agent in making your real estate investment business a success. The right agent will introduce you to everything your business needs, starting with the best available properties. With a real estate agent on your team, you can easily transform every project into a home for your buyers and a big profit for you.
Chapter three explains how to select the best agent for you. Locating that real estate agent isn’t rocket science, yet it will take some old fashioned work. One will need to shift through a bit of sand and gravel to get to the gold. The places to look are:
1. The internet
2. For sale signs
3. Friends
4. Agents who don’t specialize in investments
5. Agents who are in another geographic location
6. The newspaper
7. Other investors
Talk with several agents, notice how long it takes for them to respond. Ask tough questions, see if you have rapport, and go over the criteria outlined in chapter three before you select the agent that is best for you.
I. Why You Need a Real Estate Agent

“The antidote for fifty enemies is one friend.”
~ Aristotle
Greek philosopher and scientist
To Become a Millionaire Plus
More millionaires have used real estate to acquire their wealth than any other method. The right agent can be your ticket to financial freedom. A real estate agent knows the correct path that will lead you exactly where you want to go.
This is the same reason you invested in this book. You made this wise investment to save time and money. You decided to learn how to best use an agent to help your real estate investment business. You want to benefit from their time, experience, expertise, and most of all, mistakes, expertise won at the expense of someone else and NOT YOU...
A real estate agent—no, let me rephrase that—the right real estate agent will not only make you rich, he or she will also save you time, minimize headaches, and help you in countless ways. The right real estate agent can save you from investing in the wrong property, a mistake that could drive you out of business. At the very least, the wrong investment puts you and your business on hold by tying up time and funds you could be using for other projects.
One unsalable or even a slow-selling property may not sound like that big a deal, but it can be devastating. Rather than turning a project for a $50,000 profit, you could be tied up for nine months (or more) and barely break even, if you’re lucky. With a ninety-day turnaround you could have made a profit from three projects rather than breaking even (hopefully) with one property.
The right agent can make sure you buy with selling in mind. It’s easy to buy a property. It’s essential to be able to sell it, and that’s not always so easy. The right real estate agent will know if a property will be sellable, at what price, and how long it will take to sell. You want a ninety-day flip, not a 270-day flop.
Time Saver
I’ll never forget my dad’s idea that he was the only person who could do anything right. My father was a skilled veterinarian who felt he had to do everything himself. I couldn’t get him to understand that if he could do just one more surgery a week, he could hire someone else to take care of the books, sweep the floors, and clean the cages. When I wasn’t around to do it, which was at least 75% of the time, he had to do it—a skilled surgeon cleaning feces out of cages!
That is almost how it will be for you if you don’t have an agent. You are a skilled real estate investor. You don’t need to waste your time doing busy paperwork, dealing with lenders, title, escrow, termites, and worst of all, other agents whom you might not enjoy working with.
Like my dad, you could save a little and lose a lot more. My dad may have been too busy cleaning out cages to do a several hundred dollar surgery. A real estate investor could lose out on a $50,000 deal because they are too busy trying to get their paperwork in order, rather than looking for another property.
The right agent has the expertise and know-how to help you. You don’t have the time to meet every inspector and appraiser at the property. Nor do you have the time to stop by the zoning office, escrow company, lenders’ offices, etc.
Your time is valuable. If you hire an agent who knows what they are doing, they can perform these duties and free up your time.
Do You Want to Succeed?
This is not a sarcastic question. Do you or don’t you want to succeed?
Would you want to be a race car driver without a team around you? You might lose a bit of time at the pit stop changing the tires and filling up the gas yourself. You will find it equally bad if you don’t use the services of a real estate agent. If you want to succeed, and I’m sure you do or you wouldn’t be reading this, there is no reason not to take every advantage possible to ensure your success.
In athletics and in business there is a small margin between losing and winning. In real estate there are many different roles the right agent will play for you. Any single job could make the difference concerning your success. The most obvious and important role is to find you the right property at the right price.
To succeed, the number-one criteria is to find and buy a property you can rehab and sell for a profit. The right real estate agent is qualified, experienced, and has the connections to provide that property for you. You might have one or two connections of your own, and you might have some great ideas, which you may have tried and been successful with, but it still might not be enough. The right real estate agent has completed many more transactions and has many more connections to help you. Remember, you can still find the property yourself if you desire. But why not increase your odds of finding the best property for your business?
Don’t Allow Greed to Get in Your Way
Greed shows itself in so many different ways. We can often be cheap with the materials, labor, lenders, title, escrow, advertising, and our agent. Remember, your agent’s main motivation is profit too. What do you do when you are around someone who is greedy? That’s right, you turn and run the other way—fast.
Don’t be a greedy investor. Never be cheap. Don’t cut your agent’s commission. When we decide we can’t be successful unless we are cheap, the first person we decide to be cheap with is our agent. We do that for three reasons:
1. We think of him or her first because we work with them the most.
2. They make the most or biggest chunk of money (other than you, the investor).
3. We think we can get away with it.
Stop it. We are dealing with a