There are many different routes to take when it comes to finding the perfect investment property for you. Obviously, as a smart investor, you’ll want to find a London estate that you can purchase below market value. Having a real estate agent on your side during the entire process can greatly enhance your chances of finding that perfect below market value property, and using it to increase your portfolio and your wealth.
Our London estate agents boast years of experience working with both investors and private buyers. Your personally assigned agent will be your best tool for learning about proper investment practices (if you’re new to the game) and help you learn the neighbourhoods where you want to buy, and discover the best deals therein. They also can often help you achieve the most in the shortest amount of time. Where an estate agent’s value really lies, though, is in getting you the best deal. Our agents can negotiate and deliberate with a seller to ensure you’re receiving only the best we can give you, which sometimes leads to a below market buy.
What do our agents need from you? Simple, all you have to do is be direct and up front about exactly what it is that you’re wanting and expecting. Be completely honest about your budget. It’s also very helpful if you say right from the get go that you’re preferably wanting to buy under market value. This can help tailor what they’re looking for, so that they only show you properties that fit your criteria.
There are certain types of properties that you can generally expect to buy below market value. One of the first things you and your London estate agent will do is some research on the seller. Why are they selling in the first place? Do they need to get the property off their hands as quickly as possible? Are they moving for work? Having financial issues? If they need to get rid of the property very quickly, you can generally offer a much smaller price. Some sellers may be more hesitant about accepting a low, below market value offer, but this is where your estate agent can come in and help you negotiate. Sometimes all it takes to convince a seller to accept your lower rate is something simple, such as a cash deposit.
If you’re an investor looking for an estate below market value, allow the best London estate agents at Morgan GoldSmith take your side.