Why Agents Have The Competitive Advantage in Investing w/Michelle Theriault

Investing is a powerful vehicle for building wealth and gaining financial freedom, and agents are perfectly positioned to take advantage of it. Real estate agents have the majority of the skills and instincts needed to be successful as investors. Because we already know how to get a deal done and we’re constantly exposed to properties, taking on investing is a lot easier for us. When we nurture the craft of being an agent and knowing the market, we’re also making ourselves great candidates for doing investing deals. What holds so many of us back is fear and the emotional risk of doing something that seemingly isn’t in our comfort zone. Once we overcome that fear, we can tap into incredible opportunities. How can we overcome the reluctance to get into investing? Why should we stop letting money stop us from doing it? In this episode, agent and investor, Michelle Theriault shares what fueled her to become an investor.      You don’t get anywhere with complacency, you need to become irritated with your situation to change it. -Michelle Theriault     Three Things You’ll Learn In This Episode   Why investing is easy for agents:Real estate agents are already out in the market and knowledgeable about properties. Opportunities will come up passively for us because of what we do. If we know what to look for, we can easily add a deal or two every year and make more money without a huge amount of extra effort.  Why we need to stop letting money and contracting experience limit us:People’s top reasons for not investing is not having enough money and not understanding the contracting side of things. The biggest thing is the deal, so if you have the investment opportunity, contracting and financing should not be a concern.  How investing also empowers sellers:A real estate investing deal doesn’t have to be a win for only the investor, it can be a win for the seller too. If the traditional listing route isn’t right for them and their situation, we can step in and help them. The win the seller gets from that should not go unnoticed.