Benefits of Equity Sharing for Real Estate Agents
Whether you’re an experienced agent, or brand new to the business, you’re probably familiar with the concept of equity sharing. Often called co-ownership, or tenants-in-common, equity sharing allows two or more parties to share title to a property based on a detailed written agreement.
Many agents have already experienced the benefits of incorporating equity sharing into their business. But prior to Home Equity Share it was time consuming to help buyers and investors find the right partners, and costly to create the detailed written agreement necessary to protect the interests of both parties.
Now you can easily take advantage of equity sharing.
Home Equity Share does the matching, and provides you with the necessary documents, making it easy for you to help your clients enter into equity sharing transactions. We can even provide you with new clients who are already interested in equity sharing and in need of a knowledgeable real estate agent in your area.
Equity Sharing Benefits
There are many benefits to using equity sharing as a way to help your clients buy and sell property:
Earn commissions from your “potential” buyers
Depending on your market, you may already have a list of potential buyers who’ve been priced out of the market for the house they desire. With equity sharing they’ll easily be able to afford that house. Now you can send them to Home Equity Share and we’ll match them with a compatible investor and send them back to you to complete the transaction.
Sell more property in down markets
By leveraging equity sharing, your sellers can get out from under their devalued properties and negative cash flows. With equity sharing they can sell a share of the property and pass the property expenses to their partner, while keeping a share to sell when the market improves. We’ll match them to an interested buyer and send them back to you to complete the transaction.
Attract new buyers
By partnering with Home Equity Share and becoming familiar with equity sharing you position yourself to take advantage of the coming increase in joint ownership. Not only will you receive qualified leads from us, but you’ll be able to attract new home buyers in need of creative options as well as investors looking to eliminate the “landlord problem” or partner with other investors so they can afford superior property.
If you’ve decided you’d like to offer your clients the option of equity sharing, we can provide you with the tools and support you need to be successful.