In order to be a successful real estate investor, you need to assemble a winning team of professionals.  One of the most important relationships you will have will be with your real estate agents.  Top-producing real estate agents are vital elements of your winning team of professionals.  You should plan to include as many of them as possible on your team.  If an agent knows you are a serious buyer, he or she will work to bring you the types of deals you are most interested in.  As the investor, you must establish predetermined criteria that meet your investment objectives.  The better your sales agents understand exactly what you are looking for, the better they will be able to meet your investment needs. 

If you limit yourself to just one agent, then you have only one set of eyes and ears on the lookout for good deals to bring to you.  On the other hand, if you enlist the aid of several real estate agents, you will increase the number of potential investment opportunities that you can take advantage of. 

When it becomes time for you to sell your property, you will also likely want to have more than one agent working in your behalf.  Those of you who are licensed agents are likely to disagree with me on this point, but please allow me to explain.  The reason I prefer to use more than one agent is because I know that agents tend to specialize in certain areas by farming specific communities.  Yes, I know you can list the property for sale in the MLS just like any other agent and gain access to a broad spectrum of buyers, which you have the listing and physically work that area, you are doing your seller a disservice.

We all have seen it, for example, agents take listings clear across the county and even into the neighboring counties.  These areas may be as far as 50 miles from where they live and work.  No matter how hard you try, you can’t convince me that you can effectively sell a house for me in an area about which you know little or nothing about.  Your marketing efforts will be limited to a few newspaper ads and to the MLS.  Agents selling in faraway markets are likely to have no personal contacts or relationships in that area.  They know absolutely nothing about the town or city except the name of it.  They know nothing about the school district, which is vital information to anyone with children. 

To be successful in the business of buying and selling investment properties, it is essential for you to include several real estate agents who can create a pipeline of inventory for you, as well as represent you effectively when it becomes time to sell.

Happy Investing!!!