With more than 50,000 real estate brokers in Illinois and over 1.4 million across the county, it’s hard to believe that very few of these brokers can and are willing to work with real estate investors.
A specialist that can assist an investor in growing their real estate portfolio is much different than an agent who practices common real estate.
To be an investment-minded real estate broker, you must first possess specific knowledge. This knowledge can’t be acquired in daily business dealings. There is a lot more to working with investors than selling owner-occupied properties and farming neighborhoods with postcards.
From the investor standpoint, the ideal broker candidate would act as a guide who can provide the financial information to find a specific return on investment. Investors also want to work alongside someone who has experience in specific marketplaces. This includes working with a broker who is aware of any municipality requirements for specific properties based in certain areas.
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