Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group
There are a number of potential pitfalls you expose yourself to when buying virtually, your Hawaii agent probably has little knowledge of the areas you're pursuing and would be at a real disadvantage in terms of offering you counsel and after all that's what you're working with them for.
Working with an agent you've not met and buying property you haven't seen is twice as risky and the reasons should be obvious. I work with investor here in my area, but would be very reticent indeed to have a client purchase something sight unseen and would definitely want them to sign a wiaver of liability. I have no such qualms handling the transaction long distance, I've done this for years and new digital signing technology makes this easier than ever before, but selling you something you haven't seen is another story entirely.
I have no doubt you can find many people willing to sell you property virtually, however I would seriously caution you against doing so. As they say "a fool and his money are soon parted" You need to be prepared to fly in and do your own diligence before making any financial decisions to invest.
There are no rules preventing you from selecting a single agent to aid you in accomplishing your real estate goals, and in general is a good idea since you already have an established relationship with them and are not rolling the dice every transaction and possibly ending up with an agent that doesn't work well for you.
I perform Real Estate transactions in Southwest Florida and with the investor market in this area really ramping up my firm has a lot of experience dealing with out of state and international buyers as well and I would love the opportunity to aid you if you decide to invest in this area.
With CNN Money and various other financial organizations rating Cape Coral & Fort Myers as one of the best places to retire or live and amazing homes on the water available in the Low 100k range investment opportunities abound.
Please check out the blog that I have written on my website that provides a link to the CNN Money article.
I encourage you to check the area out and If there are any questions I can help you with no matter where you decide to invest please feel free to call or email me any time!
Good luck with your real estate endevors!
Anthony Cincotti RealtorÂ®
You have to use a local real estate agent for the buying and selling of out-of-state homes. Since you are located in Hawaii, I assume that you are referring to other states in the US. Some agents are licensed in two states if the states are in close distance with each other.
However, you can ask referral from your current agent.
Best of Luck.
If your still having trouble finding an out-of-state agent willing to work with you virtually, I can help you. If you would like to receive a Foreclosure Hotlist for the Seattle area, you can obtain one for free by visiting the link below.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Conventional | FHA | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® |
HomePathÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing
You say: " I'm having a hard time looking for out-of-state agents who is willing to work with me virtually."
Please clarify as I'm not sure what you mean? An agent or broker in your area should be able to refer you to a buyer's broker or listing broker in most any area that you are interested in. The local broker can qualify your needs and financial info so that the agent in the other area know that you are "for real". You also could sign a buyer brokerage agreement with a buyer broker that you locate online (in most areas at no charge but please check it out ) and the same with selling but then it would be a selling/listing broker and a listing. As you live in Hawaii you could also invite an attorney, a broker or agent from your target area to visit you to work with you.
(As we are nearing Halloween this brings to mind Bram Stoker's account of a real estate agent's trip to Transylvania to meet with a buyer! .....) Happy hunting! LOL!