Real Estate Investing: Working with the Changing Market

By Bob Brabb

The current state of the economy and the housing market has created a unique opportunity for the homeowner and real estate investor.

If you are ready to dive in and invest in real estate, then here are some helpful tips:

Finding Great Deals

Look closer at the current situation in today's real estate market, which I call "The Perfect Storm" We have an over-abundance of bank owned properties and foreclosed homes The economy is down; many are unemployed Interest rates have recently hit record lows

We are in a buyer's market! There are many great deals available on real estate in all types of neighborhoods across the nation. You would be surprised at how low some of the asking prices are for houses.

Getting Started

How do you leverage your time and money in finding those great deals? If you are new at the game, the best way to manage your real estate investing career is to get to know a Realtor. A Real Estate professional has expertise and knowledge of the housing market. You can be confident in teaming up with an experienced Realtor, who strives to provide a high level of service, because he or she knows that their business thrives from giving good service.

Providing a great real estate service generates more business through client referrals; referrals are a key to an investor's success.

A good real estate professional will understand today's market and how to help you save time, recognize opportunities and make money. Attempting to get started on your own could set you up for financial loss and liability risk.

There are plenty of on-line real estate investors and listings for great deals, which are accessible to the general public; there are also data bases for licensed agents who pay for the service. Your real estate agent will have access to the necessary tools and will possess knowledge of the latest technology so you will be the first to be informed about great real estate buys.

Closing the deal

Realtors use many strategies to help their clients finalize their transaction, whether purchasing bank owned properties, HUD homes, wholesale deals or negotiating a short sale. A real estate investing professional knows how to structure many types of transactions for a successful closing.

Locating a Realtor

The best way to find a real estate professional to work with is to join a real estate investor's association and attend their meetings. The benefits of joining a group are the networking with, and learning from, successful real estate investors and the business people who service them.

The market is ripe for real estate investing; supply is quite high and few are buying; therefore, the prices are great. Work with an experienced real estate professional who can act as a mentor if you are new to investing. Even experienced real estate investors benefit from forming partnerships.

About the Author:

This article was written by Bob Brabb a Real Estate Investor and expert in bank foreclosures, pre-bank foreclosures, short sale negotiations, wholesaling real estate and many other investing techniques that work best in today's shifting market. The Brabb Team uses all the latest technologies in market research, and business strategies to exceed their clients' expectations.