What is Due Diligence in Real Estate?

Due diligence is a critical term for real estate agents to know. This video explains its meaning, how it applies to real estate, and why it's just so important!

This video will walk you through the key steps of researching properties, analyzing market trends, and evaluating potential returns on investment. We'll also discuss how to communicate the due diligence process to your clients and how to use it to close more deals. Don't miss this opportunity to gain a competitive edge in the industry and become a successful real estate agent.

Chapters:
00:00 - Intro
00:11 - What does due diligence mean?
01:07 - Always do this with property titles
02:07 - Never skip this part of the inspection
04:07 - How do contingencies work in real estate?

#realestateterms #realestatevocabulary #realestateagenttips

[ginakay]

I came across your videos today and appreciate that you get straight to the subject, keep your explanations basic, therefore easy to understand as well make it easy to find topics easily.

[ChaseMilner]

Another great video! Thanks for sharing this info Rico. You're the best!

[tanfel]

So glad I found your videos, your examples are straight to the point and really help with understanding.

[kassievasquez]

Thank you! can you do a video of the Principles of Values?

[M.-uk]

Why listing agents don't do some basic due diligence? Always wondered why land listings usually are so poor in basic info such as exact location, what is allowed to build three and just basic info??? WHY?

[SujashTiwari]

you are a Jimmy Mcgill of this industry from better call soul

[soniafarooq]

So is due diligence the agents responsibility or the buyers/ tenants?