Becoming an overseas property agent

Z

z106

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Can anyone tell me how easy/difficult it is to become an overseas property agent?
Like- how do ethey work ?
Is it that they buy a lot of property and get a discount as a result and them sell them on without the discount?
i.e. In the above scenario they are pretty much big-scale flippers.

Or - do they require money up front to teh developer at all?
As in - does the developer just give give them the right to sell his apartments? As in - in teh event of no sale sureoy the owner wouldn't be lumped with the apartment?

Any idea how much money you would need to get involved in this game?

Basically I'd love to do it - just don't know how to start !!
 
Hi can anyone tell me how easy/difficult it is to become a doctor?
I love people and I'm great with my hands so it can't be too difficult can it?
Do I just get a white coat , with a few pens in breast pocket and one of those long plastic things they wear around their neck?
Open your mouth and say 'ahhhh'

Sorry Qwertyuiop but I just couldn't resist....
 
Faire enough Geordie.

That said - I really don't see the problem in my question.

Basically - my question is how much capital is required.

As i said in my original posting - do you merely pay a few quid for the right to sell them for the developer? (In which case not much capital is required )
Or does the agent have to buy the apts outright - in which case a lot of capital is required.

Pretty much all that is needed is capital - my question is how much.
Unlike trying to become a doctor with years of study,I'd imagine most dogs on the street would be capable of buying something and selling it on at a higher price.

A reasonable enough question i would have thought.

Didn't mean to intimidate you with the notion of it Geordie. Apologies.
 
In my opinion you dont need a lot of capital, just a lot of people willing to buy through you, rather than the developer. Many investor groups have links to a secondary group or deals with lawyers on fee's etc.

I imagine somewhere along the line you need to provide the developer with a repuatable company name that you are attributed to, otherwise every Tom, Dick or Barry would be getting discounts off the developer. I buy through a group as its so much easier and they have a legal department who ensure the contracts are safe on the investors side. If you know nothing about contracts I would steer completely clear.... Instead pay someone a reasonable fee to do the donkey work for you.
 
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