Often times, people don’t realize how beneficial an investor – agent relationship can be. Learn about the benefits and structure in our latest post!
Both agents and investors can fail to see all the benefits that working together can offer them. Many see investors and agents see each other as competition, however, they have to realize that that isn’t the case. One sales method will work for one person, while a different method works for someone else.
Investor – agent relationships can be beneficial for everyone involved. Not only will the agents and investors benefit, but your clients will too. Agents and investors are able to offer better service and more options to the people they work with, thus being able to help more people and monetize more leads. As investors in Providence, The Reservoir Group happily works with agents all over the Providence area!
How It Works
Both investors and agents spend time and money looking for leads. They may spend thousands of dollars and just as many hours trying to secure just one successful deal. Both agents and investors want to work with people who need to sell their homes either by listing on the local MLS or by selling outright. When investors and agents work together to offer services to their clients, they will be able to convert more leads and close more deals overall.
When someone comes to us who wants to sell a house in Providence, we aim to fully inform them about the options that are available. We make a direct offer, but it isn’t always the right choice for the seller. When we have an agent to partner with, we are able to provide a referral in exchange for a fee. This process provides us with an income on a lead we would have lost otherwise. It provides local agents with more business, and it helps us to better serve our clients who need to sell a house fast in Providence.
The relationship between an investor and an agent should be mutually beneficial. The leads should flow both ways, with both parties referring potential clients when they aren’t able to provide the services the seller requires. By working together, the client can have their needs met without seeking the help of any one else. Once you find the right investor or agent to partner with, the benefits are numerous.
The Benefits Of Investor – Agent Relationships
When someone decides to sell their home, they should know about all of the options available to them. When agents and investors work together, they can offer home sellers a multitude of options, thus capitalizing on more leads and helping more people with the sale of their homes. Clients love the fact that they are able to receive a direct offer, running the numbers to determine if they should accept or go ahead with a listing. Offering these services benefits everyone involved and will provide you with more happy clients and more positive reviews.
Why It’s So Important…
The rise of iBuyers such as Zillow, Keller-Williams, and Opendoor are forever changing the real estate game as we know it. Now, home sellers can simply log-on to one of these sites, submit their property information, and receive an offer for their house right away. The ease and convenience of this process are increasing the popularity of direct sales in real estate. In order to stay competitive, it’s imperative that agents and investors think about ways to stand out and better serve their clients. By offering a number of different solutions, sellers will be able to make the selling decision that is right for their property and situation.
Finding The Right Partnership
As an agent or investor, when you choose to work together, the outcome should be mutually beneficial. You should choose to work with someone who really knows the ins and outs of the real estate business. It should be someone who is passionate about what they do, with a sincere desire to help others. The person you work with should be extremely knowledgeable about what they do, helping you to provide your client with accurate and current information. It needs to be someone you trust, who you can count on to have your back for years to come.
At The Reservoir Group, we love to work with Providence real estate agents who want to better serve their clients. We offer fast and fair direct-buy services to people who have a property to sell in Providence but don’t want to deal with the listing process. Maybe they need to sell right away or maybe they don’t want to spend time or money fixing up the house. Either way, when a high-quality agent and a high-quality investor come together, they can offer exemplary service, helping sellers in all situations.