Could an investor purchase a property without the help of an advisor? The short answer is yes, it is possible to purchase a property without enlisting the help of a broker, but it there are many reasons an investor should not go about this alone.
Brokers will make the process much easier for investors. A broker will be able to match an investor’s preferences with current properties on the market. The net lease advisors will know where cap rates are, and will be able to steer clients away from deals that are above market price. Staying up-to-date will allow brokers to advise their clients on emerging market trends. For buyers, this can mean purchasing a property when the market is poised to take off. For sellers, this could mean getting out of a market before it cools off. These will ensure the best return for the investors.
Negotiations can go much more smoothly when a broker’s expertise is utilized. A broker can handle much of the back and forth of the negotiation, saving the investor the time and effort.
The broker’s contacts can also be an added benefit. A broker may be able to recommend people that will aid investors in their real estate transactions. On the buy side, that could mean a lender the broker has worked and had a good experience. On the sell side, this could mean reaching out to previous buyers to drive interest for current listings.
Brokers add value to investors by making the process as fast and easy as possible. Brokers will be able advise clients on appropriate market price for properties, ensuring a Seller won’t be under market and buyers won’t be over market. A broker’s experience negotiating can lead to a deal getting worked out quickly, effectively, and professionally. The broker’s network can provide aid in any aspect of the deal making process. While it is possible to sell a property without help, a broker can make the process smoother and faster while ensuring a fair market price.