Troy Palmquist talks with Eric Gedalje to learn how he went from setting up a table to investing in over 20 properties.
June is Investment properties and second homes Here in Inman. We’ll explore everything from top investor insights to the latest happenings on Airbnb and Vrbo, as well as emerging investor hotspots across the country.
Lake Havasu team leader Eric Gedalje began his journey as a bus table professional. After putting his entrepreneurial drive into practice, he eventually represented multiple developments exclusively, invested in over 20 investment properties, and is now the owner of First Realty Group in Mohave County, Arizona.
Watch the video above to see him chat with Troy Palmquist, then read on to learn more about Gedalje’s best advice for new and veteran agents alike.
Name: Eric Gedaj
title: team owner
experience: 11 years
Place: lake havasu
Brokerage company name: Exp Properties
Ranking: No. 1 in Lake Havasu, No. 1 in Mohave County
team: Gedaj Group
Parties to the transaction: 2023 511
Sales volume: Will reach US$228 million in 2023
What’s one of the biggest lessons you’ve learned in real estate?
By investing in real estate, you can open the door to endless opportunities. I learned this through investing at a young age.
What would you tell a new agent before they start in the business?
Make sure you work with a team that has a strong presence in the market and provides resources to ensure a quick launch.
What do few agents know that would make their lives easier?
The business is not transactional; it is all about building a lasting relationship and overcoming any business objections.
If you could do anything else besides real estate, what would you do?
If I wasn’t in real estate, I would be a serial entrepreneur because I started out as an investor, not a salesman.
Tell us a story about your most memorable transaction
I have closed a deal five times, initially on a listing where I had a buyer who needed to sell his house. Great client, lots of coordination, multiple parties involved. All parties were very satisfied and even ended early.
Troy Palmquist is the Director of Development at eXp California. Follow him on Instagram or connect with him on LinkedIn.
