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New Book Offers Heartwarming Stories of Distressed Homeowners and Real Estate Investors Who Rescue Them

Los Angeles (Vocus) January 13, 2010

Robyn and Steve Love, Co-Executive Directors of Investors Resource Center of America – Los Angeles (IRCA), have published “Home Remedy” to help homeowners learn they have options when selling their house. Selling the traditional way with a real estate agent may not be the best way for them.

“Homeowners don’t have to lose their homes. The real estate investor has many more options to help the homeowner than a real estate agent. Rather than list the house and wait for a buyer, the real estate investor is the buyer,” said Steve Love, co-author of “Home Remedy,” real estate mentor, and talk show host of the Internet radio show “Prosperity Through Real Estate.”

“’Home Remedy’ should really be called ‘Life Remedy’ because it’s all about people helping people get their lives back together. It’s about common sense and creative solutions, and no, these two things are not diabolically opposed. They are the everyday tools of the Real Estate Investor. Through poignant real life examples, ‘Home Remedy’ demonstrates the multitude of benefits that Real Estate Investors can provide for distressed homeowners, and how entire families can be saved,” said Anita Rodal, a mortgage broker based in Los Angeles. “I think this book is imperative reading for the millions of distressed homeowners out there, as well as the many people who will ultimately play some kind of a role in the outcome of the distressed homeowner’s situation, particularly the lenders and the legislators.”

For information about the book, go to http://www.HomeRemedyRealEstateBook.com .

About Robyn Love and Steve Love

Steve Love has been a real estate broker since 1978 and Robyn Love has been a real estate agent since 1994. Both worked for many years as real estate appraisers and started real estate investing full time in the 1990’s. Due to their success in the real estate investing arena, they were chosen to run the Los Angeles Chapter of Investor Resource Center of America in 1994, website: http://www.irca-losangeles.com .

Now the largest attended real estate investment club in the 5 county Los Angeles area, they offer trainings and seminars on real estate investing. Steve is also the host of the Internet radio show “Prosperity Through Real Estate” — as well as a speaker on Royal Caribbean Cruise Lines and throughout the greater Los Angeles area.

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How A Real Estate Agent Can Be An Investors Best Friend
Discover the truth about real estate agent!

If you invest in real estate it is worth trying to find a good estate agent.

A real estate agent is one of the most useful resources for a real estate investor.

An agent’s job hinges on being knowledgeable about the real estate market. This knowledge includes property that is available for purchase, the exact thing a real estate investor is looking for.

When you are working with a real estate agent, it is important that you get him or her to understand that you are not the typical buyer or seller. Most real estate agents, if they have worked with investors previously, will already be aware of this. However, there might be some instances that you have to educate the agent on the way real estate investors look at buying and selling real estate.

Whenever you make a connection with a new real estate agent, even one that is already aware of an investor’s viewpoint on real estate, it is necessary for you to let him know the criteria you use for purchasing investment properties. Doing this ensures the real estate agent will only contact you with properties that have investment potential for you

Sometimes agents have their own questionnaire forms for you to fill out. In any case, the key information you need to relay to the agent includes the following: the criteria you use to purchase a property, your goal for purchasing the property, whether or not you wish to be contacted about properties outside your criteria and goals, total number of properties that you might purchase at a time, and any issues with financing that you might have.

If you are an investor that primarily works with properties that you can fix and flip, you need to let your real estate agent know the kind of “fixing” you prefer to do with your property. You might only want to do light repairs such as painting, replacing fixtures, etc. Perhaps, you are not one that shies away from houses that need extensive repairs like plumbing or foundation repairs. It is important to let your real estate agent know these criteria as well.

Keep in mind that real estate agents are paid commission based on the price of the property. When you purchase a low-priced property, the agent makes a low amount of commission on this property.

Unless you plan on doing the extra work associated with the purchase, like writing up the offers, it is a better business practice to compensate the agent for the time spent working with you. If the agent spends a great deal of time showing you properties, consider negotiating an hourly wage. The real estate agent will see that you value his time and is more likely to notify you with good investing deals.

In your career as a real estate investor, you will meet many people that will be of use to you. The real estate agent is perhaps one of the most important of these.

Maintain a good working relationship with agents by being clear on what you are looking for and compensating him for the time he spends working with you.

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