You can make a profit from the deals you find, even when the deals aren\u2019t a fit for your real estate business.\u00a0 Here are five tips to make sure you get paid for your time gleaned from Real Estate Millionaires\u2019 Peter Conti..<\/p>\n
Sign Up the deal!<\/p>\n
This is the most obvious way to profit from every appointment you make.<\/p>\n
Turn Your \u201cJunk\u201d into gold<\/p>\n
Take the people you meet who just are not a fit for you and refer them to people in your network who can profit by the referral.\u00a0 This builds value into your referral network.\u00a0 For example: You meet with a seller who really would do better to refinance the house.\u00a0 You simply say, \u201cI can see it\u2019s not a fit for me to buy this house.\u00a0 Your best option really is for you to refinance the property.\u00a0 Here\u2019s the number of a great mortgage broker I know (give him the number), and if I remember, I\u2019ll ask her to give you a call next week to see if she can help out. \u201cThen pass the seller\u2019s name and phone number on to your mortgage broker.\u00a0 Over\u00a0 time this will encourage your mortgage broker contact to pass leads to you, such as buyers whose loan fell through.\u00a0 There is a motivated seller now!<\/p>\n
Get Information on local market conditions<\/p>\n
Use the meeting to get information for the resale market and for the rental market.\u00a0 Find out: what are rental and resale prices like?<\/p>\n
How long are properties staying on the market?<\/p>\n
What types of properties are most in demand and what types are least in demand?<\/p>\n
What is the perceived market conditions according to the sellers?<\/p>\n
Learn from the appointment<\/p>\n
This is the ultimate way to leverage yourself: What went well with the appointment? What will you do differently next time as a result of what you learned on this appointment?\u00a0 Make sure you take five minutes and debrief yourself in writing!<\/p>\n
Future deals<\/p>\n
Follow- up, follow-up, and follow-up with all of\u00a0 these sellers.<\/p>\n","protected":false},"excerpt":{"rendered":"
You can make a profit from the deals you find, even when the deals aren\u2019t a fit for your real estate business.\u00a0 Here are five tips to make sure you get paid for your time gleaned from Real Estate Millionaires\u2019 Peter Conti.. Sign Up the deal! This is the most obvious way to profit from […]<\/p>\n","protected":false},"author":43,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-6075","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/6075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6075"}],"version-history":[{"count":0,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/6075\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}