• Mastering the Art of Networking with Real Estate Brokers with Agostino Pintus

  • May 1 2024
  • Length: 22 mins
  • Podcast
Mastering the Art of Networking with Real Estate Brokers with Agostino Pintus cover art

Mastering the Art of Networking with Real Estate Brokers with Agostino Pintus

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  • Summary

  • How can aspiring real estate investors effectively network with brokers to secure their first deal and build long-lasting relationships in the industry? In this episode, Agostino Pintus shares valuable insights on how to approach and build relationships with real estate brokers as a new investor. He emphasizes the importance of doing your own underwriting, practicing your pitch, and targeting the right brokers to start with. Agostino also discusses the significance of having a strong team in place, including a property manager, CPA, and real estate attorney, to establish credibility when approaching brokers. By following these strategies and consistently delivering on promises, investors can secure their first deal and set themselves up for future success in the real estate industry. Agostino Pintus is a real estate investor, developer, and entrepreneur with more than 17 years of experience in real estate. He currently oversees strategic partnerships, capital development, and platform development for Realty Dynamics Equity Partners, an investment firm specializing in commercial asset acquisition and asset management services. [00:00:00] - [00:02:59] Laying the Groundwork: Underwriting and Practicing Your Pitch Do your own underwriting to understand how deals are put together Practice your pitch with smaller brokers before targeting the top players Have a credibility pitch deck ready to showcase your team and assets [00:03:00] - [00:05:59] Building Your Team: The Importance of a Strong Property Manager A good property manager can help line you up with brokers Leverage your team's credibility if you lack personal experience Always treat brokers to lunch or coffee and never let them pay [00:06:00] - [00:08:59] The Power of Networking and Warm Introductions Real estate is a networking business, and warm introductions are crucial Property managers are integral to the business and should have broker connections Be prepared to sell yourself and your vision to potential team members [00:09:00] - [00:11:59] Minimizing Mistakes: The Importance of Preparation Practice your script, know the lingo, and do the work upfront Minimize mistakes by being well-prepared and presentable The real estate industry is competitive, and brokers receive numerous calls daily [00:12:00] - [00:18:59] Securing Your First Deal and Building Long-Term Relationships Brokers prioritize investors who consistently deliver and close deals Securing your first deal is the toughest, but subsequent deals come more easily Assemble a strong team, including a CPA, real estate attorney, and SEC attorney (if needed), to establish credibility with brokers Quotes: "This whole business is finance. If you don't understand the intricacies of how financial statements put together, you're going to run into problems and you're going to look like a newbie." - Agostino Pintus "The good thing about this business is that it is a networking business, right? That's what this is. It's a networking business." - Agostino Pintus Connect with Agostino: LinkedIn: linkedin.com/in/agostinopintus, Website: agostinopintus.com Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today! LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.
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