Many investors get to a point in their real estate journey where they are ready to get out of the game. Getting out could happen for various reasons such as the investor is ready to retire, their properties aren’t cash flowing, they’ve had to deal with too many difficult tenants or the cost of all the repairs has become overwhelming. Regardless of the reasons most investors will eventually get to a point to where it’s time for them to liquidate their real estate portfolio. If you happen to be one of those investors looking to sell off your portfolio, here are some reasons why it’s important that you work with a great investor friendly agent to help you sell your portfolio in Kansas City.
A Great Agent Has Niche Knowledge
If you truly are to the point to where it is in your best interest to sell off your Kansas City real estate portfolio, you want to make sure that you hire someone that specializes in working with investors on a deal such as this. If you hire an average agent that just does real estate part time helping their friends and family a couple of times a year, then that’s what you are hiring, an average agent. They will not have the know how, the experience, or the connections to help you accomplish your goal. You need to work with an investor friendly agent that specializes in this particular niche.
How can you tell that you are working with a great agent that can help you liquidate your portfolio? For one, a great agent knows your market and specifically the niche of what you are selling. They also have a large pool of potential investors that they work with that could potentially purchase this portfolio from you. An agent with a large group of pontential buyers just has to send out an email to everyone and you could potentially have an offer in just a douple of days as long as the price is right.
A Great Agent Can Help You Price Right
A great investor friendly agent in Kansas City can also help you sell your portfolio by helping your price it right. Knowing the market and the comps in the area will ensure that you price it right and get a quick sale. Your agent will already have a good idea of what your properties are worth, the fair market value, and can assist you in pricing to sell for liquidation purposes.
You definitely want to get the best price you can. But if you price too high, your properties will languish unsold. Price too low, and you’ll leave money on the table. It’s not always easy to find that sweet spot, especially when attempting to liquidate a portfolio of investment properties.
Keep in mind, though, that if you are targeting other investors, that requires some specialized knowledge of wholesale pricing. The price you get going this route may not be as high, but it generally means a faster liquidation. And a good agent can be a genuine asset here.
A Great Agent Can Assist You With Marketing
The process required to efficiently liquidate your portfolio in Kansas City usually requires no small amount of savvy marketing skill for a wider reach. And this is where a good agent can really prove her worth. Your agent can help you get maximum exposure in order to help you liquidate quickly, which is usually the goal for investors who want to liquidate.
Besides having access to the standard listing sites (including the MLS) that you won’t have access to, a great agent can assemble the necessary selling information about your properties and even write the ads. She will also know how to leverage social media, a powerful sales tool today. Your agent will also know and be able to deploy the best strategies for sites like Trulia and Craigslist.
If you’ve reached the point where you want or need to liquidate your portfolio in Kansas City, you’ll find that a good real estate agent is truly on your side. Your agent will bring to the partnership, niche knowledge, pricing acumen, and marketing skills.