One of the best ways of getting started in property investment is becoming a property finder. Becoming a property finder has many benefits such as:
1. The first advantage is that you can earn finder’s fee. The fee that you will earn depends upon the quality of service that you provide to your customers. The fee is directly related to the efforts you put in making the deal a success.
2. Second advantage is that you will get lots of experience about property investment. You will learn to analyse the deals and getting success in this line.
After entering this field, you can earn anything starting from 50 pounds. There are property finders that are charging flat fee of 1000 pounds to 2500 pounds. Some even charge 1% -2% of the property price. Hence, it is understood that it is profitable to enter this business.
An interesting thing about becoming a property finder is that you do not need any start capital for entering this line and you get the chance to learn lots of things about property investment. You will work for investors. This way you get the chance to learn their strategies that they use for getting success in the business. This way you can adopt winning strategies for buying properties in future.
Here are some tips that you can use for becoming a property finder:
1. Start finding properties that you feel will lure investors. When you have found such property, start working on that. Collect information about the property in detail like the location of the property, local community, crime statistics, shops, schools, hospitals, rental prices etc. You should collect all the important information before approaching professional investors as they will demand all such information from you. After collecting all the information, start posting on property forum pages. You can meet investors at property clubs or networking events. You should be able to effectively describe the facts about the property to the investors to arouse their interest in the property.
2. You can start posting on different property forums and chat pages and build your network with professional property investors. Tell them that you are a property finder. Try to find out what investors look for in a property and start working accordingly.
Try to get as much information from investors as you can and make different database for different investors. Then start searching property for different investors according to their requirements. If you succeed in offering them a deal according to their requirements, they will find it difficult to refuse your offer. This will form the basis of your success as property finder.