By knowing the personnel of the any Jamaica real estate management company well enough they will call you in many cases even before the property is
This could well say to you that a Jamaican real estate agent very successful at management may well be a very good manager. You would want to make note of that fact for possible later evaluation when you have properties to be managed. But, at this point you are looking for properties to purchase. A realty management company is, in fact, managing the very kind and type of properties which you probably desire to purchase. Make certain that you are well connected and personally known to those who head the various brokerages in your area of investment. A management company will usually have an exclusive Jamaican real estate listings and an exclusive right to sell clause in their sales agreement with the various owners who are their clients. If they do, whenever a property is to be sold, which they are managing, they are automatically the listing and the selling agent in Jamaica.
There are times when a management company, for whatever reasons, will advise their owner/clients houses for sale in Jamaica not to divest. But, no matter who initiates the sale, if you know the management people well enough they will call you just as soon as a property which they are managing becomes available. Be patient and by all means be persistent!! Signs are not a particularly good source for any kind of property but they are used by the thousands every day.
Signs are used mostly to pinpoint the location of a single family Jamaican house for sale which is listed with a broker and is probably advertised in the classified section of the paper. Chasing down signs is often a time consuming method of property location which can usually be accomplished better by using others means. Other than for reading whatever signs are posted on properties a Sunday afternoon driving session will yield little.
If you see a nice property which you would like to own but have no reason to believe is for sale, that is, no sign or other display indicating a sale, it is not wise to approach the owner. The first prerequisite for a bargain Jamaica property is that the owner must be the one initiating the sale. For you to make the initial approach will create suspicion and certainly will raise whatever price there could have been. As you will be distributing your business cards every day the word will get around that you are, or at least becoming, a serious investor in Jamaican properties. After some time lag you will begin to receive calls from those receiving your cards who will tell you of properties which they know about which are for sale.
Never promise these persons a commission or pay for providing property leads as that would put them, and perhaps yourself, at risk for possible violation of Jamaica real estate board licensing laws. You will do something appropriate for them, however, when they provide good in formation for you, and the deal is an accomplished fact. Some of the best buys you will make through the years could well come to you by way of the phone calls you receive from your friends and acquaintances to whom you have given your business card.
You will be successful in the accumulation of Jamaica properties in proportion to the amount of success you have in locating properties which are available. In addition to simply locating properties you must proceed with full determination in your efforts to purchase. If you let down on finding properties, become tired or bored, or become indifferent to it, your entire program of investment will suffer accordingly. Be patient and by all means be persistent.