INVESTOR INTELLIGENCE deal . Estate agencies , particularly the larger agencies , actually admit that they don ' t advertise to sell houses , but rather to attract more sellers to give them mandates .
The lesson in this as an investor is love them or hate them you need to draw close to estate agents . The next time you go to a show house , don ' t do what everyone else does , in other words , leopard crawl around the house , be rude to the agent and then run out the house without leaving your details . Take the time to introduce yourself and to explain very clearly what kind of property deals you are after . And so what if the agent calls you 3 times a day after that , it just might happen that one of those calls could change your life forever .
Property developers are also market makers that are worth drawing close to because they know what properties they will be bringing to the market before anyone else does . By drawing close to developers , you will position yourself to have the first pick of any new product coming to the market long before the product has even been advertised .
Real Estate Investor Magazine JUNE 2024 45