Here is a great tip for saving money when you flip a house.
Find a good Real Estate agent. If you are looking to sell a house you need a real estate agent that is great at negotiating. An agent that looks out for your best interest. You need to interview agents and make sure they are the right agent for the job. That is willing to go to hundreds of houses when you are looking for those diamonds in the rough properties, and they are willing to do open houses when you’re selling your properties. Also, see if you can get them to reduce their commission do to you are going to be the next Donald Trump of real estate and bring them a lot of business.
You need to know that 1/2 or one full percent of a commission can save you thousands. I do not want to try to do every aspect of my business, but would rather be able to spend my time finding great deals on foreclosure and distressed properties. If you are have to try to sell your house you are spending time that you could be using to looking for more great investment properties.
I believe that a team is the best way to build a true business, and in order to build a great real estate business then you need a quality real estate agent. I look are a real estate agent with a awesome track record, and is not scared by market conditions, but knows how to sell know matter what the current market is. My agent was able to find a buyer for my last property in less than 6 weeks, and this is the type of passion and dedication that I look for when shopping for a real estate agent.