The Benefits of an All-Inclusive Brokerage

The Benefits of an All-Inclusive Brokerage

It’s an exciting time to be a real estate investor in St. Louis. The real estate market is hot and that typically means that more people will be renting. However, there are many issues you must address in order to be profitable. Working with an all-inclusive brokerage will help you reach your goals.

What Is an All-Inclusive Brokerage?

An all-inclusive brokerage is one that can address all aspects of a real estate investor’s requirements:

  • Buying and selling investment properties
  • Completing renovations
  • Marketing properties to potential tenants
  • Evaluating and selecting tenants
  • Processing rent payments
  • Managing maintenance requests
  • Completing maintenance tasks

What Can an All-Inclusive Brokerage Do for Me?

If you wanted to purchase a car, you wouldn’t want to buy the body from one company, the engine from another and the transmission from a third. It would take too much time, and you’d always wonder if all the pieces were going to work well together.

The same thing is true when you choose a brokerage. Here are just a few of the benefits of working with one brokerage that is responsible for the success of every aspect of your investment process.

1. You work with a company that understands you

You don’t need to explain your requirements multiple times. The advisors you work with understand your budget, the profitability you’re seeking, the type of risk you’re willing to take, the type of tenants you’re comfortable with and more.

For example, if you’re planning to add new properties to your portfolio, the brokerage can be looking for you even when you’re not actively looking. You’ll know about investments that meet your requirements as soon as they enter the market.

You’ll receive the best possible service because the brokerage is intimately familiar with your goals and existing investments. Your advisors won’t waste your time looking at properties that don’t enhance your holdings or renting to tenants who don’t match your criteria.

2. There’s no finger pointing

When your real estate, property management and construction advisors work closely together and are responsible for your investments from cradle to grave, there can be no finger pointing.

The maintenance team won’t be able to blame the property manager for losing a maintenance request. Furthermore, the rental agent won’t be able to rent to marginally qualified tenants because they have no responsibility for minimizing turnover.

If you look at a property that needs renovation, you’ll know exactly what needs to be done. Your brokerage will be able to evaluate the property and provide a recommendation that they know will work because they’ll be the ones doing the work.

3. Your investments will be more profitable

An all-inclusive brokerage can help ensure that your investments are profitable. For example:

  • You’ll get the best advice to find great deals on the type of investment property that meets your requirements.
  • You’ll feel comfortable acquiring a “fixer-upper” because you’ll know the renovations will be done right.
  • You’ll achieve higher tenant satisfaction and greater retention, because maintenance will be a breeze.

4. You’ll be able to take advantage of the current real estate market in St. Louis

There’s never a bad time to be a real estate investor. However, according to the statistics published by the St. Louis Association of REALTORS®, this is a prime market for investors. It may be a good time to sell an asset since the average sales price for properties is up eight percent over last year. In addition, the market only has three to four months’ supply of inventory, meaning that rentals will be at a premium.

An all-inclusive brokerage is your best choice because it can provide the in-depth expertise you need at every stage of your real estate investment process. Further, you’ll know that everything related to your investments will work together seamlessly, which means more profit for you.

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