It’s only been a short while since the St. Louis Rams announced their relocation to Los Angeles, but realtors and property investors are already looking at different ways the move will impact the the real estate market. When exploring possibilities to expand your financial portfolio, you should definitely look at investing in real estate.
WHY YOU SHOULD HIRE A REAL ESTATE AGENT IN PREPARATION FOR THE LA RAMS RELOCATION
Even if you’ve ventured into real estate investing previously, it’s very rare that a city will see a new NFL franchise. Now more than ever, you need to be finding a real estate agent who can help you not only find properties, but also plan long term for how you’ll get the most return on investment. Below are a few key reasons why a realtor is a great partner for this exciting new time in the Los Angeles.
THEY UNDERSTAND LONG TERM MARKET TRENDS
The expression may be cliche or oversold, but knowledge is power. The new LA Rams football stadium in Inglewood is expected to be completed by 2019, and it is reported to be the most expensive stadium in history! The value of real estate in Los Angeles, and especially in Inglewood, is only going drastically increase over the next few years. When you’re looking to grab a piece of property in this area, you need to know all the details. An experienced real estate agent will already know the information about current property value, what’s accessible, and what your best options will be for long term growth. The longer they’ve been in the market, the deeper their knowledge base and understanding of local market ebbs and flows.
THEY HAVE A VAST NETWORK
Once you know what type of property you’re looking for, whether it’s a home, large lot, new construction, or anything else, you need to be able to get your hands on it. This is where a real estate agent should be able to utilize their network of connections to other agents, contractors, and property owners. Sometimes, the best way to get a deal done is by knowing the right people. An experienced real estate agent will have the insider information and reputation needed to get you the property you want. Don’t expect to get this highly sought after investment by yourself.
THEY KNOW HOW TO PROPERLY SELL A HOUSE IF YOU’RE IN A DESIREABLE AREA
If you’re already a property owner in this area, you’re actually in a fantastic position. You have a few different options at this point, and you should definitely talk to a trusted real estate agent who can give you the best advice. Sometimes, it will be better to sell early at a high value rather than deal with greater demand at a later point. They’ll help you market the property in the best light possible. Alternatively, depending on what type of property it is, they might advise you to keep the property until the value increases.
ONLY TRUST YOUR INVESTMENTS WITH AN EXPERIENCED MANHATTAN BEACH REALTOR
Whether you already live in the Inglewood area, or are trying to get your hands on a piece of property, always work with an experienced real estate agent who can answer any questions and ensure a successful investment.