Real Estate Investing: Working with the Changing Market

By Bob Brabb

The sad state of our economy and the declining values in real estate has created an opportunity for home buyers and real estate investors.

If you are considering taking advantage of the opportunity, you will find the following information to be helpful:

Finding the property

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.

How do I Begin?

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.

Referrals are a real estate investor's life blood; Good business sense breeds more business just as quickly as poor service loses business!

An experienced realtor understands the current real estate market; utilizing their services can save you a lot of time while quickly recognizing new opportunities and generating big profits. Getting started with investing on your own can pose financial and liability risks.

There are a lot of real estate services that are provided on-line; many real estate transactions can be completed via internet. Your real estate partner should have all the tools and understand the latest technology so you can become a professional at finding the best deals available. A savvy realtor knows how to be first in line to see new great deals.

Closing the Transaction

Closing the deal can be a challenging experience. A real estate professional must always remain 'on top of things' to successfully get to the closing table and finalize the transaction. A real estate professional will know the best way to structure the deal for a smooth transaction whether you're working with foreclosed homes, HUD properties, wholesale investing or one involving a short sale.

Choosing a Real Estate Professional

There are realtor directories on line; you can talk to family or friends who have recently purchased a home or invested in real estate. Join a local real estate investors association and attend their meetings. Attend seminars and workshops for real estate investors.

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 with experience in bank foreclosures, pre-bank foreclosures, short sale negotiations, wholesaling real estate and many other investing strategies that work best in today's constantly changing market. The Brabb Team uses all the latest technologies in market research, and business strategies to exceed their clients' financial goals and expectations.