Real Estate: Agents and Investors Profiting Together | Randy Zimnoch
77 episodes - English - Latest episode: about 4 years ago - ★★★★★ - 75 ratingsReal Estate Agents and Investors both make more money when they work together using the strategies that your host, Randy Zimnoch, has learned over the last 15 years with $910,000,000 in real estate sales. His experience comes from running Than Merrill's flipping company CT Homes, co-founding a real estate brokerage Realty National and speaking on FortuneBuilders stages. Go behind the scenes of over 2,100 real estate transactions to discover how you can increase your profits as a real estate agent or as an investor. Randy covers topics like: Market Trends, Sales, Negotiating, Commissions, Analyzing Properties, Contracts, Lead Generation, Pocket Listings, and tons more in these quick, to-the-point episodes that share real-life stories of what to do and what to avoid. More info at: www.investoragentnation.com | eXp Realty Inc. | DRE # 01900957
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Episodes
How to Protect Funds Released Before the Closing
April 10, 2020 05:00 - 5 minutes - 7.47 MBFollow these 6 steps when a buyer is asked to release funds to the seller early and before the closing, otherwise the buyer might never see them again. © 2020 Randy Zimnoch All Rights Reserved.
Follow Agent Instructions and Stay in the Running
March 27, 2020 05:00 - 5 minutes - 7.11 MBIf you want to be in a running when going after a flip opportunity, then, this advice will definitely keep you there, otherwise, you might get lost in the shuffle. © 2020 Randy Zimnoch All Rights Reserved.
5 Red Flags on an Investor Contract
March 13, 2020 05:00 - 8 minutes - 12.3 MBThere are good investors, and there are bad investors. Here are 5 potential red flags to look out for when reviewing investor contracts. © 2020 Randy Zimnoch All Rights Reserved.
Prepare in Advance for Repair Negotiations
February 28, 2020 06:00 - 4 minutes - 6.96 MBThinking a few steps ahead is what will allow you to save money in the long run and set yourself up for better negotiations later when it comes to repairs. In this episode, I explain how this saved my client $10,000. © 2020 Randy Zimnoch All Rights Reserved.
How Landlords Determine Their Selling Strategy
February 14, 2020 06:00 - 7 minutes - 9.77 MBHere are 5 questions all landlords should ask themselves before they decide to put their rental on the market to sell. © 2020 Randy Zimnoch All Rights Reserved.
Know When to Say "No"
January 31, 2020 06:00 - 3 minutes - 4.89 MBNot all investor flip opportunities are worth pursuing. You need to be able to say NO at times. Listen to what this investor passed on. © 2020 Randy Zimnoch All Rights Reserved.
Rent-Back to the Seller After Closing is Very Risky
January 10, 2020 06:00 - 5 minutes - 8.14 MBWhen the seller asks the buyer to allow them to stay in the property for a few weeks after the closing, you have to really protect yourself against the worst case scenario. In this episode, I explain what could be one of your worst case scenarios and how to handle it upfront so you don't lose thousands of dollars. © 2020 Randy Zimnoch All Rights Reserved.
Close on the Sale Before Repairs are Done
December 27, 2019 06:00 - 3 minutes - 5.27 MBAt times, when an investor or retail seller is selling their property, the repair list that the seller agreed to address might often delay the closing. Let me tell you how NOT to let the delay happen, and, instead, still sell the house on the original scheduled close date. © 2019 Randy Zimnoch All Rights Reserved.
How to Address a Bad Home Inspection
December 13, 2019 06:00 - 7 minutes - 9.79 MBWhen the home inspector's findings make the buyer cancel the purchase, that inspection report has to be disclosed to the next buyer. In this episode, I explain how to handle this unfortunate situation and sell the property smoothly to the next interested party. © 2019 Randy Zimnoch All Rights Reserved.
How to Protect Your Marketing Dollars
November 29, 2019 06:00 - 5 minutes - 7.88 MBMost agents won't spend money on marketing if they are told by their seller client that he or she has a number in mind that is maybe not reachable based on the comparables. In this episode, I tell you how I get around this very issue and implement the marketing every single time. © 2019 Randy Zimnoch All Rights Reserved.
Proving the Rental Value in a Multi-Unit Sale
November 22, 2019 06:00 - 6 minutes - 9.23 MBWhen there are no other multi-unit properties to compare your property to, it's hard to prove the rental value of your property. There is A WAY and I am going to tell you how I was able to do it when that was the case. © 2019 Randy Zimnoch All Rights Reserved.
How to Analyze a Property with Un-permitted Additions
October 18, 2019 05:00 - 10 minutes - 9.49 MBInvestors and realtors are sometimes faced with determining the value of a property with un-permitted additions. Here is how I approach the analysis and eliminate risk at the same time. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
Three Ways Realtors Can Benefit from Short-Term Rentals
October 04, 2019 05:00 - 6 minutes - 6.78 MBRealtors can truly grow their business from the short-term rental boom that is taking place. Let me give you 3 ways how that's possible. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
Two Ways Flippers Can Benefit from Short-Term Rentals
September 27, 2019 05:00 - 7 minutes - 7.57 MBShort-term rentals have become a hot topic amongst investors lately and here are two ways how a flipper can benefit from this booming industry. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
Do NOT Let The Appraisal Blow Up Your Deal
September 13, 2019 16:00 - 7 minutes - 12.5 MBWhen selling a property, here are the 3 things you MUST do to prevent an appraisal from blowing up your deal. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
How to Screen the Offer Before You Counter
August 30, 2019 05:00 - 9 minutes - 10.8 MBSome agents rush to send counters to offers before doing the appropriate screening, which can lead to choosing a buyer that is not even fully ready to buy your house. In this episode, I share how to avoid that altogether and ensure that you actually go into contract with a fully qualified and ready buyer. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoc...
How to Respond to an Offer
August 23, 2019 05:00 - 7 minutes - 13 MBNegotiating starts the moment you receive an offer on a property that you are selling. Here are the TWO things I do first and foremost before anything else to ensure a smooth negotiation later. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
How to Postpone a Foreclosure Sale Date
August 16, 2019 05:00 - 5 minutes - 10.1 MBPostponing a foreclosure sale date is not always easy. In this episode, I share what an agent on my team and I did to make sure the postponement actually takes place, even when we were told NO. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
How NOT to Work for FREE
August 09, 2019 05:00 - 7 minutes - 12 MBAgents and investors selling properties sometimes find themselves working for free and it can be easily avoided if you follow these 3 simple steps. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
Some Cash Offers Require Loan Docs (3 Examples)
August 02, 2019 05:00 - 4 minutes - 8 MBCash can come in several forms so don't be alarmed when you hear the words "loan docs" while in escrow with a cash buyer. Let me explain. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
Appraisal Hack to Net the Seller More Money
July 26, 2019 05:00 - 8 minutes - 7.93 MBLearn how to keep more money in the seller's pocket even if the property does not appraise. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
How to Get More Showings on Your Property
July 19, 2019 05:00 - 9 minutes - 8.65 MBThere are many listing agents & investor sellers that literally deter buyer's agents from showing their properties. Let me tell you how that happens and what to do instead, so you can get more showings. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
Accurate ARV's are the Investor's Responsibility
July 12, 2019 05:00 - 9 minutes - 20.4 MBDetermining an accurate ARV on a flip is one of the most important numbers for a rehabber and, yet, many make the mistake of not taking the right steps of coming up with that number. In this episdoe, I will explain what steps each rehabber should take so they don't lose money at the end. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserv...
Realtor Advice About Repairs on an Investor's Flip
July 05, 2019 05:00 - 6 minutes - 6.56 MBHere are 3 things a realtor can do to help a rehabber make better decisions on what to repair or not on their flip so that the rehabber ends up with a desirable property that will sell really quick. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
How to Protect Your Money & Hedge Your Risk as a Lender
June 28, 2019 05:00 - 6 minutes - 15.1 MBOnce you agree to lend money on a flip, you must do these 8 steps to protect your investment and hedge you risk, otherwise, you might not recover your money if the deal goes sideways. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
How to Make a Wise Decision as a Private Lender
June 21, 2019 05:00 - 10 minutes - 21.3 MBEvery private lender should do these 10 things before he or she agrees to lend money on a flip. This will lead to a very wise decision. Determine the TRUE Value of a Property (without leaving your office) with this free video guide: RandyZimnoch.com For Business Inquiries: [email protected] 2019 Randy Zimnoch All Rights Reserved.
Open Houses are For Agents, Not Owners
June 14, 2019 07:00 - 5 minutes - 13.3 MBIt's not normal for the investor owner to be present at the open house that the agent is holding for him or her, but when it happens, it can turn into a disaster for both parties. Learn how an agent can set the right expectations with the investor owner prior to the open house to avoid this situation from happening altogether. 2019 Randy Zimnoch All Rights Reserved.
The Danger of an Over-Extended Investor
June 07, 2019 07:00 - 6 minutes - 14 MBLoading up one investor with too many rehabs can totally back fire on the agent and the investor. Find out what are the dangers and how to avoid them from happening. 2019 Randy Zimnoch All Rights Reserved.
Negotiate with Confidence Even During Longer Market Time
May 31, 2019 05:00 - 9 minutes - 18 MBNo one wants to have a property on the market for months and have it become "stale" as we call it in the industry. However, you can still negotiate with confidence if you follow my advice, even when you only, and finally get that one offer. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
Lower Your Overhead While Waiting on Offers
May 24, 2019 05:00 - 6 minutes - 12.1 MBWaiting on offers to come in on your properties might take some time in certain markets. Here, I discuss the 3 options you have when faced with this situation and how lowering your overhead can put you back in the driver's seat. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
The Threat of iBuyers is NOT Real
May 17, 2019 05:00 - 6 minutes - 12.8 MBEveryone is talking about iBuyers nowadays and they make it seem like they are going to eliminate the need for realtors in a transaction. Well, I think that is false information and this threat is totally not real. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
How a Buyer Can Ethically Break a Rental Lease
May 10, 2019 05:00 - 6 minutes - 11.7 MBIt's hard to time the exact purchase for a buyer when they are in a one year rental lease. Here, I explain how a potential buyer can break their rental lease to buy your house and not get his or her landlord pissed of in the process. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
Financial Hack for a Stubborn Seller Part 3
May 03, 2019 05:00 - 4 minutes - 8.12 MBCash buyers have additional options when it comes to incentivizing a seller of a distressed property to take their offer. This 3rd and final financial hack / option will do just that. If you want to find out about the first two hacks, watch the previous 2 episodes. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
Financial Hack for a Stubborn Seller Part 2
April 26, 2019 05:00 - 5 minutes - 10.2 MBMost distressed property sellers and cash investor buyers won't agree on their sales price first time around, here is a financial hack 2 out of 3 that will help you bridge that difference so you can put a deal together. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
Financial Hack for a Stubborn Seller Part 1
April 19, 2019 05:00 - 5 minutes - 10.4 MBWhen an agent is working with a seller that has a property that needs a lot work so it needs to sell to a cash buyer but you are off on the sales price by a few thousands, here is 1 of the 3 financial hacks that will help you bridge that gap. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
Get Paid Twice on Your Listing
April 12, 2019 05:00 - 4 minutes - 9.1 MBAn agent that works with investors can actually get paid twice when they implement this strategy and an investor can offer this to their agent that they work with as an additional incentive. Basically, it's a win/win for both and I explain this strategy in this episode. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
Typical Terms of Hard Money Lenders
April 05, 2019 05:00 - 6 minutes - 11.3 MBMost investors borrow money for their flips and they usually start with hard money. Learn the typical terms used when it comes to hard money lending. 2019 Randy Zimnoch All Rights Reserved. © 2019 Randy Zimnoch All Rights Reserved.
Showcase Your Value to a Brokerage
March 29, 2019 05:00 - 5 minutes - 10.5 MBWhen an investor gets licensed, he or she has to find an investor friendly brokerage. Here are 3 things an investor can mention in the interview that will showcase their value, and grab the broker's attention. © 2019 Randy Zimnoch All Rights Reserved.
Why Brokerages Won't Let You Invest
March 22, 2019 05:00 - 4 minutes - 8.3 MBSome brokerages won't let you invest and flip properties as an agent while working for them. Here are 4 reasons why that might be the case and what to do about it. RandyZimnoch.com © 2019 Randy Zimnoch All Rights Reserved.
The Cost of Neglect
March 15, 2019 05:00 - 7 minutes - 14.5 MBThe cost of neglecting a property during longer market times can be significant. Learn about the most common things investors neglect and how agents can help in this process so they can actually sell the property. RandyZimnoch.com © 2019 Randy Zimnoch All Rights Reserved.
6 Steps to Market an Off-Market Property
March 08, 2019 06:00 - 9 minutes - 17.3 MBIt's a huge opportunity to have an off-market property, especially if you are going to be the listing agent for it. Here are 6 steps to implement in order to really leverage it most effectively, not only to promote the property but also to generate clients! © 2019 Randy Zimnoch All Rights Reserved.
Leverage Off-Market Properties in a Buyer's Market
March 01, 2019 06:00 - 8 minutes - 15.1 MBLearn how to create an epic experience for a buyer as you leverage the off-market inventory list in a buyer's market. The investor and the agent will have a raving fan for life, I guarantee you! © 2019 Randy Zimnoch All Rights Reserved.
Leverage Off-Market Properties in a Seller's Market
February 28, 2019 06:00 - 7 minutes - 14.7 MBInvestors' decision making on selling their off-market properties before it hits the market in a seller's market are not always easy to communicate to interested buyers. In this episode, I explain how to set the right expectations with your buyers and create a great experience for all involved while still making the sale. © 2019 Randy Zimnoch All Rights Reserved.
Build a List of Off-Market Properties
February 27, 2019 06:00 - 11 minutes - 20.4 MBOff-market inventory list can be leveraged tremendously to attract clients to work with you as a real estate agent. Find out how to build that list and why in this episode. Then, go leverage it in any market and have clients be eager to work with you! © 2019 Randy Zimnoch All Rights Reserved.
The Shock in the Box Strategy
February 26, 2019 06:00 - 6 minutes - 11.8 MBThis strategy will make your business flourish and fun, but very few agents and investors do it. © 2019 Randy Zimnoch All Rights Reserved.
The Seller Buy Down Strategy
February 25, 2019 06:00 - 5 minutes - 9.53 MBA 3% seller credit could be more appealing than a 5% price reduction. Learn how that is in this episode. © 2019 Randy Zimnoch All Rights Reserved.
Turn a "Dud" into a "Stud"
February 24, 2019 06:00 - 5 minutes - 10.7 MBA softer market impacts the offers we get on properties. Here is how you can off set your holding costs and actually turn a profit each month as you wait for the right offer. © 2019 Randy Zimnoch All Rights Reserved.
How Interest Rates Impact House Values
February 23, 2019 06:00 - 7 minutes - 14.7 MBEvery time the interest rate increases, it impacts the value of your house. Find out how to calculate that value decrease quickly if you are considering selling a property in the near future. © 2019 Randy Zimnoch All Rights Reserved.
Increase Your Credibility in The Industry
February 22, 2019 06:00 - 7 minutes - 13.8 MBThis strategy will grow your credibility and your network by making what you do come to life. © 2019 Randy Zimnoch All Rights Reserved.
Grow Your Business by Educating Agents
February 21, 2019 06:00 - 9 minutes - 17.2 MBAdd value as an investor by educating agents and grow your business in return. Here is the actual outline for a presentation that I used when speaking at real estate offices. © 2019 Randy Zimnoch All Rights Reserved.