Profile picture for cmariucci

buying properties to resell

I want to buy distressed properties and resell them. I am looking for an agent for both buying and selling for quick turn around. Where do I start and what should I be looking for in an agent?   
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 23 - Sarasota
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (3)

Best Answer
As mentioned you should make sure you have your money in place and ready (be it private lending, equity line, etc.)

You should then talk to several local Realtors who work in the general location you are. I would suggest you remain in YOUR local market for many reasons including:

#1 You know it best, therefor it will be a safer "play" for you.
#2 driving a long distance when your doing the work yourself equals additional costs.
#3  the farther away your rehab is the less likely you will be able to keep a sharp eye on it.

You should make sure your Realtor has at least 10+ years experience, You should make sure its someone in the same local market as you wish to work in, You should make sure they have time to focus on YOU (If an agent has 57 or 157 listings lets assume YOU are not on their mind each day), You should make sure this agent does not attempt to get you to sign an exclusive buyer agency agreement (plenty of agents would love to help you without such a contract that does nothing but protect them!)

Just a few ideas for you and I'm sure others can ad many more... Hope it helps!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 24
Profile picture for gator70
Most deals require 100's of offers. Its a numbers game. Most Realtors are not ready to do this work.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 23
Profile picture for wetdawgs
You start by making sure you have a large pot of money as getting loans for slipping is tough.

Then, you can start contacting agents to find one who knows the foreclosure market well.  You can find agents in your area by clicking on "find a pro" in the top line.   Pull out the phone and start interviewing.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 23
 
Related Questions
buying properties to resell
Profile picture for Doug Crane
Latest answer by Doug Crane
February 24 | 3 answers
Where are the golf courses in Sarasota so I can narrow down my search for homes.
Profile picture for Amy Robinson
Latest answer by Amy Robinson
August 08 2011 | 8 answers
How can I research an open mortgage on a foreclosure and get title insurance?
Profile picture for Michael Emery
Latest answer by Michael Emery
March 25 2011 | 1 answers
hi, the houses in this neighborhood say they are stucco. when most are wood underneath?
Profile picture for Jim Schwarz
Latest answer by Jim Schwarz
October 06 2009 | 3 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 178 Padova Way # 36, North Venice, FL Home For Sale
    178 Padova Way # 36, North Venice, FL 34275

     For Sale: $225,500

    • Beds: 2
    • Sqft: 1696
    • Baths: 2.0
    • Lot: 3049
  2. 929 Waterside Ln, Bradenton, FL Home For Sale
    929 Waterside Ln, Bradenton, FL 34209

     For Sale: $250,900

    • Beds: 2
    • Sqft: 1069
    • Baths: 2.0
    • Lot: 3920
  3. 5012 Seville Dr, Sarasota, FL Home For Sale
    5012 Seville Dr, Sarasota, FL 34235

     For Sale: $139,500

    • Beds: 3
    • Sqft: 1500
    • Baths: 2.0
    • Lot: 10454