Wednesday, March 25, 2020

Real Estate Investor and Realtor Question?

Mitsuko Manne: A real estate investor buys homes and either fixes them up to sell at a profit or uses them as rental properties. A realtor is someone who assists people in buying and selling homes. They work on commission and only get paid when a house sells.

Barrett Felicia: WHAT

Jonathan Schlussel: A huge difference, basically anyone can be a Realtor, which intern gives you the right to sale real estate in a particular state, While anyone can be a Real estate Investor, you must have thee important requirement CASH, and the willingness to risk the CASH on real estate ventures like flipping, buying and renting. Multi units or large commercial property...Show more

Cornelius Thornborrow: That's not the case with all investors, we have about 6 investors that buy and sell their homes through our real estate company. Those investors who don't want properties that have Realtors listing them want to be able to go in and offer a property owner cash hoping they! 'll take it knowing it's probably less than what the property's worth and Realtor would tell their seller if the investor was low balling the offer on their home.

Jonathan Schlussel: Jen M has it in a nut shell .Realtors have to be licensed & tested as well as follow a bunch of regulations . A real estate investor could be a business person with little to none education as long as they felt they could do good business & Make money.Most real estate investors purchase properties from distress situations paying as little as possible to maximize profit margin . If you plan on investing you may want to use the realtor only for cross Reference , but not to catch the smoking deals ....Show more

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