Progressive Property PodcastEstate Agent Reveals How Perfectly Find Your Property Deals
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In this episode, Kevin speaks to Joe Catchside who has over 16 years’ experience in the property industry, including in property investing and running his own estate agency. They talk in depth about estate agents and share some tips and tricks about how to get the best out of them. They also discuss the importance of building relationships and how to utilise them to create your perfect property portfolio.
KEY TAKEAWAYS
- Joe opened his own estate agents in 2005 with his wife. After having their first child, they wanted a business that could give them some security that was also built on their personal experience in property.
- They had some very challenging years and circumstances in running their estate agency and after the most difficult year of 2016, they decided to start building their own property portfolio to build their wealth.
- Although there are some very experienced and passionate estate agents out there, the overwhelming majority don’t have their own property portfolio.
- It’s worth building lasting relationships with agents as once they know you are credible they will pass fantastic deals onto you first. It has to be a win-win relationship, you need to identify to them why they will benefit from doing a deal with you.
- Although Joe had a lot of experience in property, he decided for his next property investing steps he wanted some more formal training. He has completed several progressive courses including No Money Down and Serviced Accommodation Masterclass.
- There may be big property investors in your area but this doesn’t mean there aren’t still deals to be had. Build great relationships and put yourself out there.
BEST MOMENTS
“The overwhelmingly majority of agency staff are people that are salaried employees and that just happens to be where they work”
“You need to be frank and transparent with what you are doing”
“Many of the best deals are delivered by a call before it even gets onto right move”
“Ultimately houses sell at the price that the market dictates”
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
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