Dominic's Guide for BRAND Newbies

Dominic's Guide for BRAND Newbies

EDIT 11/13/12: I recently updated this guide. Check out the new version here: http://www.deangraziosi.com/real-estate-forums/everything-else/128413/do...

EDIT 9/16/12: I believe I wrote this two years ago, but the information is still good! There are some updated techniques I have learned but this IS enough for THE HARD WORKERS to get started!

Hey guys!

This is a post for all the people that are having trouble getting started at all. Most of you will hopefully find this useful. For those of you that don't know my story, I am 20 years old. I have failed at this, and I've also suceeded. I don't know everything, and I still have much more to learn than I have learned. But this kind of post is what I was looking for when I had no idea where to start.

Most of the posts I see are people having problems knowing where to start, so I am going to talk as much as I can about the steps to getting started. Dean covers it in his books but some of you might find more inspiration coming from a fellow DG Family member. Dean Graziosi is one of my personal hero's for introducing me to all of this and I give him full credit for all of this information, I learned 99% of this from his books/DVD's, this community, and the success academy!

Sections:
1. Getting Over Your Fear
2. Build a Buyers List
3. Build a Power Team / LLC
4. Find Desperate Sellers
5. Knowing Good Deals from No-Go's

  1. Getting Over Your Fear
    Getting over your fear is the main goal when you first start. We all have it; fear of the unknown, fear of failure, fear of embarassment. But I read a quote saying "Successful people fail more than failures. If you don't fail, you aren't trying hard enough.". There can be many different ways of getting over your fear. The way I did it was partnering up with a like-minded friend, we share the risk and the reward equally.

    I have had many failures in real estate investing. The main one is taking 2 years to get the guts to get my feet wet. I have been on and off this website and the books for almost 2 years! I would always let fear soak in, and go back to my normal routine and get unmotivated. Then when there would be a month that I really needed more money, or I got depressed, and I would get remotivated. This was a vicious circle for 2 straight years! In that time, I would call some Realtors here and there and they would INSTANTLY crush my hopes telling me I'm crazy for wanting to do that.

    In August 2010, I finally gave in when Dean offered the Set For Life program. I partnered up with my friend and we bought SFL and joined the success academy. Ever since then it has been one heck of a ride! We have just about closed on our first deal, the purchase agreement and security deposit is getting signed and sent to us later today. Within 30 days we will have $8,000.00 at our disposal. Of course we are putting most of it back into the business. But once we get more and more deals, we can reward ourselves even more. Were we ever scared or nervous? YOU BET WE WERE! But you know what they say, "No risk, no reward."

    Back before August I only came to this website for help. Now I mostly find myself here to help other people, because I know how hard it was for me! Once you start learning and making deals, you will notice that too! It's simply about taking action and setting your fear aside. You will always have fear, you just have to learn when to listen to it or not.

    For everyone worried about embarrasing yourself over the phone or in person: You might mess up, you might sound unprofessional, or even nervous at first... But you can't let that hold you back! by the time you make 5 phone calls you will get the hang of things and get that professionalism in your voice. It's all about confidence! Let's be honest, whoever you might have embarassed yourself infront of won't remember you in a month.

    Dean is right when he says you will kick yourself in the head when 10 years pass by and you say to yourself "I should have started investing in real estate back when the market was at rock bottom."

    Take one peice at a time, make small goals and accomplish them one at a time. Dont overwhelm yourself by the thought of everything. Take baby steps and you will go far ironically!

  2. Build a Buyers List
    A buyers list is a KEY point in starting with this. Without buyers, who are you going to sell your deals to? When you are getting started, a buyers list is more important to work on than a Realtor. Once you have a good buyers list you can start finding a good Realtor and finding sellers for your buyers.

    You can start on this by placing ghost ads on free classified sites. If you have some money then make some Bandit signs and post them in newspaper ads as well. Newspapers will probably run you about 50-100 for a week in the paper. And each bandit sign can be as cheap as a dollar a piece.

    A ghost ad is just an ad that states you want to sell a property you don't have just to get the potential buyer's contact information. The ad should be simple and to the point, just make it realistic to your market but also make it discounted. Don't put any specific location information on this other than the town. I've messed up on this stating I had it on a certain street, then people started telling me there was no address for sale on that street LOL.

    When people call and ask for the address or to see it, just simply state that you already put it under contract with another buyer, but also tell them that you come across discounted properties frequently in that area. Then ask if it's okay to get their contact information and criteria, so you can give them a call if you run across another property that fits their criteria.

    Write down as much information as you can about how to contact them and what they are looking for. Here are some of the things you might want to ask them for:

    Contact Information:

    • Name / Company (If applicable)

    • Category (Retail, Cash Buyer/Investor, Lease Option Buyer, Renter, etc)
    • Cell, Home Phone, Fax
    • Email / Website
    • Address

    Criteria:

    • If they are Investors ask how much equity they want to have.

    • Type of Property (Single Family, Duplex, Commercial, Land, etc)
    • Sq Ft / Acreage
    • Min Price / Max Price
    • How soon they are looking to buy
    • Neighborhood / Zip Codes
    • If they need financing

    You can also go to REI club meetings and network that way. Most of the people that go there are other investors or Realtors. This is a great place to meet almost everyone you need to have on your power team. Make a point to meet and converse with a new person every chance you get. Don't single yourself out, MINGLE yourself in!

    Remember to follow up on all of your buyers. Call the more motivated ones back often to let them know you are still looking and see if they have any updates for you, maybe they even have a house to sell you! You should call every buyer on your list at least once every six months.

  3. Build a Power Team
    Another important part of this is the Realtor since he/she will be the ones helping you find the good deals. You can also find good deals on your own time and way, but the MLS is a great place to start sending low ball offers in constantly. The rest would include a CPA (Accountant), Lawyer, Mortgage Broker, Contractors, etc.

    There are many posts on these forums about finding Realtors, and its even in Profit from Real Estate Right Now! but I can try to sum it up for you:

    MAKE SURE YOUR REALTOR IS HUNGRY! After talking to a few Realtors you will see that some of them will try to crush your dreams, and some of them are just lazy not willing to do extra work... But very few of them are pure gold.

    Remax and Keller Williams are more trained to work with investors so I would try all of those brokers first. Call the main line and there should be a secretary answering the phones, ask them to put you through to the one that works best with investors. Here are a list of questions you can ask the Realtor:

    • Do you work with investors? If no, ask for a referral or just say "thank you for your time" and move to the next one.
    • Are you an Investor yourself? If yes, ask for an example to be sure. This isn't necessary but it's definitely a perk.
    • Are you comfortable submitting offers that are anywhere from 30 to 75% off the FMV of the home? This will help you eliminate the ones who will not submit your offers.
    • Are you familar with double/simultaneous closings? If yes, ask them how many they have.

    If all checks out then so far so good, they are qualified! Now you have to make sure they are going to do the work you want them to do. Tell them that you have a cash buyers list (this will answer their question to if you have proof of funds, there are also always other options for proof of funds). Then tell them you plan to close on X amount of properties per month with a ratio of 25 offers to 1 accepted. If they are comfortable with this you can go ahead and give them your criteria.

    I suggest doing this to multiple "qualified" Realtors, that way you can narrow it down even further to which ones respond faster, follow up more often, and things like that.

    The right Realtor will also open up the door to a world of referrals to Contractors, Accountants, Real Estate Laywers, etc.

    Limited Liability Company:
    Form a LLC if you have the money, this way if something bad happens they can only go after things in your business' name. This is kind of a safety net, and also gives you kind of a more professional look. It only costs about $100 depending which state you are in. Go to your States Secretary of State's website for more info.

    If you have the skills or knows someone who does, get a website for your business. This acts as an employee that works 24/7 for you. You can post all the properties you are trying to sell, contact information, forms for buyers and sellers to fill out and add to your lists, etc.

  4. Find Desperate Sellers
    Use your Realtor(s) to submit low ball offers to everything that fits your (and your buyers') investing criteria. Probates, divorces, preforeclosures, and even networking are also great ways to find sellers. Call your county and see if they have these records available to you.

    Most investor buyers will want at least 30% off the After Repair Value, so use the formula below to determine your offers:

    Let's say After Repair Value (ARV) = 100,000
    100,000 - (in this case 30% of ARV, which is 30k) = 70,000
    70,000 - Repairs (lets say 5k) = 65,000
    65,000 - How much you want to make (lets say 10k) = 55,000

    Therefore in this case your maximum offer would be 55,000 if the ARV is 100k, the buyer wants a 30% discount, it needs 5k in repairs, and you want to make 10k off it. Remember that most offers will get rejected at this discount. But every about 20, one will get accepted.

    There are desperate sellers EVERYWHERE in this type of market. You just have to dig in the right places! Word of mouth is the most efficient and fastest ways to find both buyers and sellers. Once the word gets out on what you are doing, people will be working for you and not even know it.

    By the time you even get this far you will know exactly what to do.

  5. Knowing Good Deals from No-Go's
    Sometimes the numbers might not seem to add up for the type of deal you are looking to complete. But remember there are MULTIPLE types of creative deals out there to get around obstacles. Explore all your options before throwing a potential deal away! But at the same time don't get attached to a home because you are too stubborn to realize it just wont work. Don't be afraid to throw away deals if they look bad, it's the best thing you can do in the long run. KNOW that it's a good deal before you jump into it.

    When you are signing purchase agreements, always include an addendum to the contract with an "escape clause". For example: "Contingent upon partner approval." Or "Contingent upon inspection." This way in case if all falls through you can back out with no cost to you. You should consult a real estate professional in your state about adding this in your contract so you know it's airtight.

I could have probably written 20 times more about the steps to getting started but I figured this was enough for now. I know I probably missed some details in there. I am still learning a TON and have only completed one deal, but if there's one thing I've learned, the best way to get started is to just GO FOR IT!

At first I was extremely overwhelmed, but I started to just take one piece at a time, and before I knew it my partner and I were locking up our first contract. So don't overwhelm yourself. Write down ideas as they come to you and take one piece at a time, and before you know it you'll have $10,000 in your pocket. How would you like that?

Have confidence and you'll go far!

PS to Dean and Staff - I hope this isn't too much information I'm giving out Shocked Let me know if it is!

__________________

Dominic

Are you new? Check out my NEW and IMPROVED Guide for Beginners! http://deangraziosi.com/real-estate-forums/everything-else/128413/domini...


My first deal today!

Hi Dominic
Just read your post, and it was exactly how I felt these past 2 yrs.
But I did some bird dogging over the summer, only to see I want the deals.
I did put out a post and haven't gotten much response. "need some fast opinions or advice."
I have a great deal in Racine. Found a fantastic agent, who is new with how the investors work, and he already is finding great deals for me. The one today is FMV $128 and we are writing up and offer for $54k. House is paid for, brothers don't speak and want the parents house gone.
Needs minor things, but could be assigned as is with no problems. Small 3 bedroom, and wheel chair accessible.
I am scared to do this, and after reading your post today, feel better, the worst that can happen is they say no. My agent does understand the assignment contract and the coach yesterday sent me the contingencies I can use.
But do you think just re assigning it sounds good or would it be better to find PML and fix up and sell. I put it on craigslist in Chicago and Milwaukee for $78k and already rec'd a lot of calls.
Now I will say this, I never put together a buyers list, and I think many people stop there because they feel they can't get one. My biggest hangup was that. However I did sell a trailor home for a friend in about 3 hrs, took pictures, was a great deal, hung up some signs in the little town, and had it sold in that short of time. Had another similar situation, just put a picture up and another investor called me that day, and it was sold.
At my rummage sale, I talked with people told them my plans, met 2 more investors. So people need to just start doing something. Because buyers will come out of the woodwork!
So hope to talk with you soon.
Good luck on your deal!
Sandi


It all depends

sandiboots wrote:
Hi Dominic
Just read your post, and it was exactly how I felt these past 2 yrs.
But I did some bird dogging over the summer, only to see I want the deals.
I did put out a post and haven't gotten much response. "need some fast opinions or advice."
I have a great deal in Racine. Found a fantastic agent, who is new with how the investors work, and he already is finding great deals for me. The one today is FMV $128 and we are writing up and offer for $54k. House is paid for, brothers don't speak and want the parents house gone.
Needs minor things, but could be assigned as is with no problems. Small 3 bedroom, and wheel chair accessible.
I am scared to do this, and after reading your post today, feel better, the worst that can happen is they say no. My agent does understand the assignment contract and the coach yesterday sent me the contingencies I can use.
But do you think just re assigning it sounds good or would it be better to find PML and fix up and sell. I put it on craigslist in Chicago and Milwaukee for $78k and already rec'd a lot of calls.
Now I will say this, I never put together a buyers list, and I think many people stop there because they feel they can't get one. My biggest hangup was that. However I did sell a trailor home for a friend in about 3 hrs, took pictures, was a great deal, hung up some signs in the little town, and had it sold in that short of time. Had another similar situation, just put a picture up and another investor called me that day, and it was sold.
At my rummage sale, I talked with people told them my plans, met 2 more investors. So people need to just start doing something. Because buyers will come out of the woodwork!
So hope to talk with you soon.
Good luck on your deal!
Sandi

It all depends how much risk you want to put out there. Buying is risky unless you do it right. How much would you say repairs are to that house?

There are 2 options I would personally look at with that deal. There might be more though.

  • Wholesale - If your numbers are right (including minor repairs), sounds like you are right. It should sell fast! Even without a buyers list. You might be able to make 10-15k off a wholesale. Only risking your time and effort instead of your money.

  • Lease Option - You can also, like you said, probably find a Private or Hard Money Lender to fund it. IF you do, then turn around and refinance it from a bank for a little less than FMV. Pay off the loan, do repairs, and pocket the extra 20-40k (whatever it is) right away. Then find a lease option buyer, put them under a X year agreement at a fixed rate with interest (around 8%). Then at the set date they will pay you the balance on whats owed to you. This way you'll get 20+ up front, positive cash flow, and however much at the end. I'd need set numbers to give you a better idea but I'm sure you get the point Smiling

    PMI will be a great help with all of this. Have you brought it up with them??

Also, gotta get working on that buyers list! Laughing out loud Back when you were getting calls to buy those properties you were selling, did you write down everyones name? It's the same technique to build a buyers list, the only difference was you actually had a property to sell. Which part of Wisconsin are you at?

__________________

Dominic

Are you new? Check out my NEW and IMPROVED Guide for Beginners! http://deangraziosi.com/real-estate-forums/everything-else/128413/domini...


Dominic

Hi
I was raised on a dairy farm north of Oconomowoc. Lived in Cudahy for about 3 yrs, and for over 30yrs near Eagle/Dousman area, presently close to that but in Sullivan. Worked with horses for 30yrs. So I know all the perks to people using the trails. My location is right between Milwaukee and Madison.
Yes I do have a small buyers list, but think for my first deal, just assign it. Hard to not clean it up and flip, it is such a nice little ranch.
Have to meet my agent today on the contract and already have a few prospects for buying. But still would like to assign even if I take a smaller cut, just for the experience. I have many more houses!
Have a good day!
Sandi


Thank you

Dominic. I am very impressed with what you have done at such a young age, and also with your desire to help others. I think this post should serve as a model for what other members should strive to do for their DG siblings. I'm not saying that everyone needs to become an instructor of sorts but just help when and where they can. It is people like you that prompted me to buy my first DG books in the first place, after seeing the website forums.

Just like you said "I wish I would have had someone tell me this when I started". I think we all have a story like that. I know I wish I had all this 24 years ago when I bought my first house, coincidently at the same age as you.

Oh and CONGRATULATIONS!

Steve

__________________

"Do something you LOVE and you will never work another day in your life."
"Nothing can ever stop you without your permission."
"So long as you haven't quit, then you haven't lost."


nice job

Dominic,

congratulations! and thanks for sharing! I believe that whoever follows Dean's strategies can succeed. Your perseverance is paying off. It's very motivating to hear your story.
Wishing you great success,
Valerie

__________________

Valerie

“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss

"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown

My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...


Thanks!

Thanks everyone!

I just recently realized I was repeating myself because everyone had the same question: Where do I start? So I decided to make a whole post about it. If people think of anything else to add, please post it! This is a thread for everyone!

__________________

Dominic

Are you new? Check out my NEW and IMPROVED Guide for Beginners! http://deangraziosi.com/real-estate-forums/everything-else/128413/domini...


Dominic,

dominoafekt wrote:
Thanks everyone!

I just recently realized I was repeating myself because everyone had the same question: Where do I start? So I decided to make a whole post about it. If people think of anything else to add, please post it! This is a thread for everyone!

You know, I wanted to do this same kind of thing, but I never made the time for it. I wish I could say all of that time was spent wisely, but let's not go there...

Anyhow, great job on this! I scanned thorugh it, but it looks really good and to anyone reading my little post, BOOKMARK this thread do you can comeback when you are feeling overwhelmed!!

__________________

Sincerely,
Kevin A Goldman

Goldman's Gardens Real Estate, LLC
Wholesale Real Estate Investing
Great Success to Us All!
My Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/62066/...

Why do I deserve this? Because everyone should be able to enjoy their life, not struggle through an existence.


Great job!

Dominic,

How awesome that you took the time to sit down and write all this out! I am sure that it will be very helpful to a lot of people.

I have seen other posts you have put up and am quite impressed that you are doing this at such a young age! What an amazing future you will have! Another Dean Graziosi! Smiling

Congrats on your deal! And here's to many more!

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Thanks!

Kevin A Goldman wrote:
You know, I wanted to do this same kind of thing, but I never made the time for it. I wish I could say all of that time was spent wisely, but let's not go there...

Anyhow, great job on this! I scanned thorugh it, but it looks really good and to anyone reading my little post, BOOKMARK this thread do you can comeback when you are feeling overwhelmed!!

Thanks! I've seen some of your posts and you have been very helpful! You should read through it and see if I need to add anything Sticking out tongue

kareng wrote:
Dominic,

How awesome that you took the time to sit down and write all this out! I am sure that it will be very helpful to a lot of people.

I have seen other posts you have put up and am quite impressed that you are doing this at such a young age! What an amazing future you will have! Another Dean Graziosi! Smiling

Congrats on your deal! And here's to many more!

Karen

Haha I hope! Smiling Thanks for the reply and I hope this post helps a lot of people.

__________________

Dominic

Are you new? Check out my NEW and IMPROVED Guide for Beginners! http://deangraziosi.com/real-estate-forums/everything-else/128413/domini...


Bumping

Bumping for the sake of new people on this site. I've seen a few questions on how to get started lately.

__________________

Dominic

Are you new? Check out my NEW and IMPROVED Guide for Beginners! http://deangraziosi.com/real-estate-forums/everything-else/128413/domini...


Thanks

As a newbie this is definitely a big help. Its great to see you doing so well and it working. Thanks for the post and inspiration!
Sherry


Thanks Sherry!

Thanks Sherry!

I always appreciate comments like that. It's good to see supportive people on this site. I hope all is going well on getting started. Start to dip your feet in it if you already havent! Make some calls!

__________________

Dominic

Are you new? Check out my NEW and IMPROVED Guide for Beginners! http://deangraziosi.com/real-estate-forums/everything-else/128413/domini...


yep

yep

__________________

Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools


Getting my feet wet.

Dominic, I am glad that this site gets your message across to those who need to read it. This way they know without having to search for specific people in this field that they can get answers. Starting out can be tricky without guidance.

Your input is much appreciated:)

Live from Boston Mass.
Thank You:)

__________________

'Fortune Favors The Bold', Francis Lambert


you are an inspiration!

Dominic - you are truly an inspiration for other newbies getting started. Anyone reading this who is questioning whether this program works or not needs to look at your shining example. You and your partner took action, worked hard, persevered through the challenges and made it happen! I'm very proud of both of you!

You are right....in the beginning it can be overwhelming. It is so important to have a plan, take it one step at a time. Dean's program outlines each step to make things simple, even for newbies. Anyone can do this, don't over think it and take it step by step.

__________________

KEEP MOVING FORWARD Smiling

"If it is important to you, you will find a way. If not, you'll find an excuse."
_____________________________________________________________________________

If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125


dominic

Dominic Thanks for shareing your information, with all of us. Excellent information, and I also learned some things. Keep up the great work, That word fear, you are so right. Take action and go. Thanks Carol in Texas


Thank you!

Dominic, This is great information and it means even more to those struggling as you know what it feels like. It isn't a coach or someone else dictating, its another person with fears.

Thank you soooo much for sharing with the group. We wish you the very best!
~Chip and Andrea Weule

__________________

Chip & Andrea Weule
AC Investment Group, Inc.


Dom

We missed seeing you at the Edge. Next year. Eye-wink

Happy 21st!

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Bump

Thanks everyone!

Karen, I just realized you left the message. I had a blast but wish I could have been at the EDGE too Sad

__________________

Dominic

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Hi, how are you? I am new to

Hi, how are you? I am new to rei.

So far I've listened to the phone calls. I've put up a few bandit signs. I have a google voice mail # and answering service. I have made flyers and put them in apt. buildings near the mail boxes most of these have been taken down and I have some flyers in laundry mats. I have more response from puting them in laundry mats.

I have a small cash buyers list and a small lease to own list.

I have a realtors, loan officers, rehab guys, a tree person that I'm working with.

When I have put in offers with realtors they have told me that they have to submit proof of funds along with the offer.

You mentioned that there are always other options for proof of funds, what are they?

I have read PFRERN and BAREM. I got them from the book store. In the book there is a free website availble. How do I get started putting info onto the website? Like are there examples/samples I that I can base mine off of? Also how do I up load pictures and forms that a buyer or seller could leave their info. or requirements?

When I have contacted pml's they have mentioned they only cover a certain % of the deal. They want me to have "some skin in". So I was wondering can I use more than one pml on a deal.

Thank you for responding?


Dominic, Just saw this post.

Dominic,

Just saw this post. It's great and helps alot. Thanks so much for sharing. Every bit helps encourage us to move ahead. Best wishes to you this year.

Cheryl & Dave


thnks

thnks alot dominic i just finish with some deans books and a seminar so i have the fear thing crossed out but still trying to find some rei clubs here on my area to find some potential buyers as soon i get a couple ima start looking for some properties thts how i planned it but lets see how time goes by and i hope for the best.

thnks agaain man


Yes absolutly

There are investors here I know that use multiple PML for one deal. One for the down another for rehab costs and another for the purchase. As long as you work your numbers and work out the contract between you and your PML you should be good to go. An example might be:

You have a brother who is willing to loan you 5k and a friend from church who is willing to loan you 20k and co worker who is willing to loan you 7k.

Your agreement is with them so how ever you arrange it ( according to the laws ) you are as good as golden as long as your number work on the purchase, rehab , and lending side of things. Be sure to do your due diligence and figure out all costs.

__________________

When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.

www.virtue-investments.com


Thank you for your help.

Thank you for your help investorinmissouri.


Quick question

Placed a ghost ad and was contacted by a realtor for info and he wants the address. What should I do or say? Thanks

Josh

__________________

Josh

"The best is yet to come."

"Never let someones opinion become your reality"


question

i was reading in a book tht it was saying tht instead of payng them interest since its not going to be a whole year loan you pay them points how do tht works thnk you


pml

sorry i didnt explain thts for the pml


jose

It is all in how ever you negotiate the terms with your PML. If they agree to 0% interest with only points then yay you:) As long as you both come to an agreement on payment and so forth and you follow the rules then you should be golden. I have even heard of people putting up cars or 4 wheelers as payment and so forth.

__________________

When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.

www.virtue-investments.com


realtors response to your ghost ad

rolexj wrote:
Placed a ghost ad and was contacted by a realtor for info and he wants the address. What should I do or say? Thanks

Josh

Is the realtor calling you to list the property or they are interested in buying?
If they are interested in listing tell them that its no longer available but you are always looking for a great investor friendly realtor to work with. Find out what they do and ask your qualifying questions for them. Might be a great person to add to your team. Also be sure to ask for refferals to lenders, contractors, lawyers and anyone else you might need to add to your team:)

Either way I would tell them that its no longer available and that if they are interested in more properties like that then you would love to add them to your contact list and be sure to call them first thing when you get another property just like it.

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Ghost ad reply

Thanks so much for the advice. Didn't know what to say. I immediately thought he would want to list it, but i haven't spoke to him yet. Going to reply to him tomorrow. So it can seem as if the property is no longer available Eye-wink

The Best is yet to come

Joshua

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Josh

"The best is yet to come."

"Never let someones opinion become your reality"


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