The Rocket Realty team addresses one of the major problems of real estate investors; how to tell if the cheapest broker is really a bargain.
As a real estate investor, your focus is on the bottom line. You want to get the best possible return on your investment. However, you have probably also come to realize that some “bargains” are not worth your time or money at all. In fact, you may lose more in the effort to save than you initially imagined. Although you may be skilled at determining the potential payoff of a bargain house, what about those real estate agents that bill themselves as the “cheapest broker” around. How do you tell when you are really getting a deal?
At Rocket Realty, we understand that this challenge faces investors like you every day. So, we are here to offer your guide to telling whether the cheapest broker is really the bargain they claim to be.
- Get All The Information About Prices
First and foremost, you want to begin by gathering all the facts. Brokers can claim to be the cheapest all day long, but the proof is in the pudding. Or, rather, in the numbers. Contact the broker you are interested in, explain the services you are looking for, and ask for a clear outline of the fees you would be expected to pay.
Some bargain brokers will offer you flat rates for a number of a la carte services, an arrangement that can be very beneficial for investors willing to do some of the legwork on their own. If you are looking for a full service agent, but sure you get a clear outline of the particular services included.
- Ask About Experiences & References
Once you have the quantitative facts, your next step is to dig into the qualitative reality of this broker’s services. Ask them about their experiences.
- How long have they been in real estate?
- How many other investors have they worked with?
- What sorts of properties do they typically buy or sell?
At this stage, you will also want to ask for references or testimonials from other investors that they have worked with. This way, you get a more objective understanding of the quality of their services.
- Do It All Again
Once you have done all your research on a broker, it’s time to do it all again. That’s right, we’re repeating the whole process with another broker. Although most people don’t interview multiple agents or brokers, investors like you should know that this is the only want to ensure that you are actually finding the cheapest broker who can offer the quality of services you are looking for. After you have done your research for three or four options, compare both the quantitative and qualitative values of each to find the right choice for you.
Start Your Search For The Cheapest Broker Here
Are you ready to start your informed search for the cheapest broker that can help an investor like you? Begin by talking to the team at Rocket Realty today. You can contact us by calling 844-5ROCKET (844-576-2538).