Not Getting Results From Estate Agents? Try It This Way…

Property Sourcing Profits Podcast

Estate agents are a massive part of the industry, but what happens when you just can’t seem to source the deals you want from them? Is there anything you can do about it?

Did you know that according to some research, Rightmove still has 90% of all property listings? Like it or not, when it comes to sourcing deals, they’re a force to be reckoned with, and with David’s help, you can move things forward when it comes to your estate agent dealings.

KEY TAKEAWAYS

• The great thing about deal packaging is that it includes all the skills you need for every other property investment strategy.
• The key thing is not to go on multiple viewings. It’s not to find the deal as soon as possible. It’s building relationships with estate agents. By doing that you’ll get a better quality of deal from them, both off and on market.
• Key members of any estate agency are generally not the ones who do the viewings. Showing you around a property is a low-level task usually given to new starters or those with less experience.
• Before you speak to an estate agent, get to know where it is you’re working. Use Rightmove to decide which area is best for your strategy.
• Talking to your local estate agent is the next step. Call and make a note of who you’ve spoken to. Be explicit about your plans. Let them know that you’d like to build a relationship going forward and then pause… Give them a chance to take in what you’ve said.
• Be sure that you know your type of investor before you go making offers. Make sure you’ve got investors in mind. You need investors and deals simmering together.

BEST MOMENTS

‘It’s all about the relationship’

‘I’ve shown that I’m credible’

‘You are immediately a special customer’

’The way that you say it is as important as what you say’

‘We are not flinging mud at the wall'

VALUABLE RESOURCES

Property Sourcing Profits Podcast

https://www.progressiveproperty.co.uk/

https://unlimited-success.co.uk/

https://www.facebook.com/groups/progressivepropertycommunity/

ABOUT THE HOST

David is a property expert with over 25 years’ experience and his own portfolio of 26 units. His current rent roll is in excess of £10k per month. He is also a partner in a Deal Sourcing and Packaging business in the North West of England and has sourced over 250 properties for investors since 2004.

In recent years he has, by necessity, had to develop an expertise in LHA strategies. This area is increasingly becoming a niche for him, and he enjoys empowering other landlords by sharing the knowledge he has gained.

The ultimate purpose when sourcing properties in this sector for investors is to minimise risk while maximising profit. He has had to find answers to the challenges of Tenant Find, Management, ensuring rents are paid and the transition to Universal Credit. These are strategies he uses in his own business and also on behalf of investors. His investor clients regularly achieve annual gross yields of over 20% with high occupancy rates and voids resolved, sometimes within hours.

CONTACT METHOD

https://www.linkedin.com/in/david-siegler-7b126316/

https://www.facebook.com/DavidSieglerInvestments/