Posts Tagged ‘real estate’

Tested Real Estate Investment Methods to Get Sellers to Sell at Discount

Author: Mike Lautensack
Source: ezinearticles.com

One of the essential traits of a successful real estate investor is marketing skill. The use of these rare skills in real estate endeavors can guarantee great discounts from sellers. But first of all you must take into account which people are the ones who are likely to give you good discounts? You can get a discount from anyone but often these are the people who want to shed off their properties as soon as they can. Finding such persons is the first step. These people could be selling their properties for various reasons. Financial instability, personal reasons and a pending divorce are juts to name a few. Such situations can create a great opportunity for you. If you can locate such sellers, you are sure to get hefty discounts from them

There are some steps given below. You can make good use of them if you want to undertake buying and selling real estate.

Searching

You can make use of your formidable persuasions skills only if you have a seller to use them on. You need to search around motivated sellers. Look out in your neighborhood. Also spread the word around within your community that you are interested in buying a house. You will get a call sooner than you think.

The Motivated Seller

As I have emphasized in the preceding paragraphs, a motivated seller is the key to getting great discounts. When a person needs to sell immediately, the usual channels he uses for advertising his sale are newspapers and the internet. You can also lookout for foreclosures since a few people want to get rid of their property before that. Make a list of all the properties that have come to your knowledge and arrange them in order of your preference.

Taking the Seller’s Side

You should not appear hostile to the seller. Rather he should feel that you are on his side. Actually you are doing him a favor by buying his property. Make him comfortable. Ask why he is selling the property. He can have any reason that I have listed above or even something that I haven’t listed. He might just be moving out of the city. The idea is to get him talking. From this small talk you can conclude the extent of his motivation. Remember, if he needs to sell urgently, he will be more willing to give a discount. If he can wait, he will do just that. Until the offers for his property reach a certain limit.

Ask Him for the Price.

It would be very wise to ask the seller to quote his price first. If you have a price tag from the seller, it will give you a point from where you should work your way down in your negotiations. Sometimes, the seller also knows better than to make the first offer. In that case you can ask him indirectly about what is the prevailing price of properties in that area. You can also ask him casually about the minimum price at which he might settle. As long as he quotes a number, you consider it a benchmark and start negotiating. When you get a reasonable price that you find reasonable, close the deal. Don’t wait any longer.

I invite you to learn more about Real Estate Investing and become a member of our FREE weekly tele-seminar class where we teach tips and strategy on how to grow your real estate investing business and how to raise Private Money by going to http://www.realestatewealthtoday.com/TuesdayTipsSignUp.html.

Mike Lautensack is a full-time real estate entrepreneur, coach and mentor in Philadelphia, PA and creator of the Private Lending Presentation Kit. This powerful done-for-you kit is loaded with tools and techniques to attract and develop a consistent stream of private investors into your real estate business. To learn more about this kit and receive your FREE eBook go to Real Estate Investing Blog

5 Ways to Market Your Real Estate Business

Author: Shannon Ensor
Source: ezinearticles.com

There are many ways to go about marketing your real estate business. The following are the top 5 ways that I have found to be essential to my marketing campaign. Take the time to create a campaign that includes elements from each of these proven methods.

Print advertising

Marketing is visual. People believe what they can see with their own eyes. Take some time to create a powerful print advertising campaign. Print advertising materials include flyers for listings, just-listed cards, business cards, letterhead and more. If you aren’t the creative type, then it might be worthwhile to hire a local advertising company to create materials for you. There are even local companies that will manage your print advertising campaigns for you, and mail out the media at intervals that you determine. Set it up once, and you’re done!

Social networking

Your friends are your warm market. I have read books that say that by the time you are 30 years old, you already know thousands of people. If you haven’t got into the social networking game already, it would behoove you to do so. Start a Facebook, LinkedIn, and Twitter account immediately and start building your social networking presence. Build a strong profile and start adding friends, and you’ll be amazed at how quickly you can build a database of potential clients. People like to see what other people they know are doing, and this is a great way to market yourself and show people what you have going on in your life and your business.

Internet marketing

Studies have shown that people are using the internet to search for real estate now more than ever. National real estate companies promising the latest and greatest ways to find homes are popping up left and right. Get your piece of the internet-marketing pie today! Create a website and showcase your skills and areas you work. This will greatly improve your company’s credibility and add as a powerful means to marketing yourself.

Organizations

Join an organization! Get to know people. If you are in the real estate business, you are in the people business! Think about your hobbies and what you enjoy doing, and find a local organization or charity to join. This is a great way to meet new people and build a database of clients.

Referrals

Referrals are a must for any successful real estate business. Take the time to market yourself to your current clients by asking for referrals as often as you can. It is much easier to earn a new client’s business when you have been referred to them by someone they trust. Treat your referrals with the highest of regards, and if you earn their business, you will also earn their referrals.

Take the time to create a marketing plan that includes Print Advertising, Social networking, internet marketing, organizations and referrals. Master the effective use of these 5 ways and watch your business grow!

Shannon Ensor is a licensed REALTOR in Austin Texas, specializing in residential real estate. Her site, ShannonMovesYou.com, offers comprehensive real estate information for buyers and sellers, including free search tools for Austin homes for sale. Shannon is the founder of an Austin real estate team comprised of Austin’s top REALTORS.

Getting Started in Real Estate With No Money Or Credit

Author: Dennis Hurt
Source: ezinearticles.com

How to make money Wholesaling for beginners

Hello All,

Thanks for taking the time to check out how to make money in Real Estate for beginners. Let me start by saying this is not some get rich quick plan. If you want to get rich quick buy a lottery ticket. The majority of the wealth in this country has been created through Real Estate.

I am sure you are thinking but, I don’t have any cash or credit. Although having cash and good credit helps you get started in Real Estate, it is not a necessity. We all have the same 24 hours in a day, yet some people seem to always get so much more done in the same 24 hours than other. If you don’t have credit or cash you do have the two most important items needed to get started in real Estate. They are Time and Information.

That’s right all you need is Time and Information. Let me explain, since you don’t have credit or cash to just go out and buy your first property, you will have to be a little more creative.

One of the easiest ways to get started in Real Estate is wholesaling. Wholesaling is when you go out and you take the TIME to find deals that would be appealing for investors to buy. The best way to get started is to go out and look for vacant houses. Although this is very time consuming it is the easiest way. There are many tools you can use to find these deals. I will get a little more detail on how to specifically find deals in a future post. But, for now lets just say you have found a great deal that you think an investor would want to buy. How do you go about finding investors to buy your property?

There are many ways to do this but, here are a few I recommend. First go to www.nationalreia.com and find the nearest Reia (Real Estate Investors Association) in your area. When you go to these meetings introduce yourself and let everyone know you want to get started in Real Estate and you have decided to get started by wholesaling. Bring with you a sign up sheet for your buyers list. You will want to get names and numbers of as many Investors as possible. It would also be beneficial to take the time to meet with them for lunch some time. There are several reasons for this. You can define exactly what style property they are looking for. You can use them as a resource to answer questions and make suggestions on how to get your wholesaling business started.

Just to review, first you go out and you find great deals and get them under contract (I will cover contracts in a future post). Then you go build your buyers list.

After you have done this it is time to make the sale. This is where detail is important. You want to be able to give your Investor as many details about the property as possible, for example, location, price, bedrooms, baths, ARV (After repair Value), repair list, etc.

This is the time when you want to be the most aggressive. You need to market this to every possible outlet (Reia, Print, Online, Etc.) In future post I will give some examples of the best marketing techniques that have proven effective.

So there you go. This is an outline of how to get started in real estate with no cash or credit. Feel free to comment or email and questions or topic suggestions you may have. I wish you all tremendous success and remember don’t give up. If you want it bad enough you will figure out a way.

“Necessity is the mother of all invention”

I hope you enjoy my articles. Please keep in mind that I am new to writing articles. I am using years of experience in Real Estate Investing and The Automotive Industry to help other people with less experience benefit from my knowledge.

To Our Success!

Dennis

Five Reasons to Have Real Estate Coach

Author: Deb McMillan
Source: ezinearticles.com

What does it take to make money in today’s real estate market? That’s a really broad question, but essentially it’s pretty simple. It takes buying the right property, for the right reason, in the right location, at the right time, at the right price.

Sounds simple, right? Well not so simple. There is a lot that goes into each one of those criteria. And navigating the treacherous waters that surround each area can be dangerous. Make a mistake in any one of those key areas and you severely hurt your chance to make big money.

Each real estate investment deal is different. Sometimes you are buying to retail. Sometimes you are buying to wholesale. Maybe sometimes you are buying to hold and rent. No matter what your reason for buying, the same criteria apply.

Is it the right piece of property to fit your needs. Are you buying this specific property for the right reason. Is it in a location that will be beneficial when it comes time to fill it, either with a renter or a buyer. Is now the right time to buy that particular piece of real estate. And are you offering too much for it. Could you have done better?

I have been investing in real estate for a very long time and probably the single best thing I’ve ever done is invested in a coach.

Sometimes the excitement of getting a deal done can cloud the judgment. And man I can’t tell you how many times a coach has saved my hide.

Deb McMillan Short Sale Coaching

The Offer to Purchase Real Estate Form – A Seller’s Most Important & Anticipated Form in Real Estate

Author: Brendan Leahy
Source: ezinearticles.com

Anyone involved in the real estate process is aware that transferring property ownership can be a very sensitive matter. From the point homeowners put their home on the market to when the new owners take possession, every step is recorded and formalized through various real estate forms.

There are so many forms that sellers will come across but only one form gives them the great joy and exhilaration that they anticipate; this is the “offer to purchase real estate form”. Once the property seller has received this form in their hand, they know they have a buyer interested in taking the home off their hands. In fact, the seller may have met the prospective buyers in person or interviewed them by phone.

This “offer to purchase real estate” form is important for two reasons:

- First, it’s a sign that the sale of the home is beginning.
- Second, it has an effect on both the seller and buyer that will change their lives.

It will establish how much the buyer is willing to purchase the property for and how the money will be given. It will indicate what the down payment will be, the deadline for the remaining balance, how the payment will be made and the deadline for these payments and more.

It’s important to note that the purchase form details are not final. Should the seller not be pleased by what the buyer offers, he/she can counteroffer to get the buyer’s approval. This counter-offering process continues until the parties are able to reach an agreement and both are satisfied and happy with the outcome.

While individual homebuyers can decide to prepare their counteroffers, it’s in their best interest to speak with a lawyer who has experience in this area or a real estate agent, all in the effort to verify if the form and its content meet the state and federal guidelines. Another option buyers and sellers have is to use a ready-made offer forms that can be bought and/or downloaded from the Internet.

These forms are every bit of good as the ones lawyers or agents prepare. They’ll contain all the needed information that’s important to the real estate transactions and will follow all the standard formats seen with conventional documents. Should a state need a specific format, make sure you obtain the ones for your state. You can buy these “offer to purchase” real estate forms one of two ways: either by one-piece or as a complete set. A person can decide whether to get the form’s full set or piece-by-piece set.

Any counter proposals need to be recorded and attached with the initial documentation that was presented to the home seller. These other documents will give the other documents support and will be a part of the final purchase price contract.

If you would like to get more info from Statewide Homes, LLC on topics like this one and many others go to http://www.StatewideWholesaleDeals.com.

Real Estate Investing – 3 Secret Tips For Investment With Little Or No Money Down

Author: Mike Lautensack
Source: ezinearticles.com

You may have heard the saying a lot “That to make money you need money,” well that is not entirely true, and in the course of this article we’ll discuss some of the ways by which you can invest and earn profit in the real estate market with small investments. All it takes is some patience and foresight and a keen eye for investment opportunities. Following are some of the ways by which profit can be earned with little down payment.

Fixed Upgrade

Fixed upgrade is increasingly becoming popular among those people who do not have the necessary amount of finance available to buy the property or home of their choice. So what they do is that instead of buying an expensive house they buy a house which is not in that good physical condition for example it may require a certain amount of restoring and repairing work. These types of houses are relatively cheap to obtain and require small amounts of down payments. Once a buyer buys the house he then sets about repairing it and maybe even renting it out to meet the restoration cost. Once the restoration is complete he then proceeds to sell the house at a higher price then he bought it in therefore earning a healthy profit in return. Be advised though care should be taken in assessing the amount of repair that a house needs so that the restoration costs are not cutting into the profits that you expect to earn.

Wholesaling

The term wholesaler is applied to a person who has bought a particular good in bulk and then sells it to the customers or retailers and in turn earns profits on the transaction. In relation to real estate, as we have discussed that we do not have much money to invest so what we can do is that find a wholesaler who is willing to sell his property and then find buyers for that property and earn some profits on the transaction. This is not that difficult and best of all this does not require us to invest large amounts of money; we are just earning profits on the transactions. All this requires is a keen eye for buyers and seller and good business skills.

Finding and Locating Investment Opportunities

The most effective way of finding a good property to invest in is by actively looking around for the best deals. For example driving around the neighborhood and checking out which houses are for sale and at what rates or scouting through the classifieds in the newspapers for properties on sale or rent. You can also make friendships with real estate agents or people who are familiar with the business so that you have first hand knowledge of the prices and the values of properties that come onto the market. You can even try and search the internet for the best deals as nowadays a lot of the property trade is being done over the internet.

I invite you to learn more about Real Estate Investing and become a member of our FREE weekly tele-seminar class where we teach tips and strategy on how to grow your real estate investing business and how to raise Private Money by going to http://www.realestatewealthtoday.com/TuesdayTipsSignUp.html.

Mike Lautensack is a full-time real estate entrepreneur, coach and mentor in Philadelphia, PA and creator of the Private Lending Presentation Kit. This powerful done-for-you kit is loaded with tools and techniques to attract and develop a consistent stream of private investors into your real estate business. To learn more about this kit and receive your FREE eBook go to Real Estate Investing Blog.

Denver Real Estate is Looking Good

Author: Joel McDonald
Source: articleage.com

Denver was the top searched city in the nation for October:
According to data from Yahoo.com, “Denver Real Estate” was the second most commonly searched real estate term in the month of October, 2005 (second only to “Florida real estate”). When you factor in that “Florida real estate” covers the entire state, and “Denver real estate” indicates people are looking specifically for real estate in the city of Denver, that’s a pretty impressive statistic.
Although Denver Property values have been somewhat stagnant for the past several months (and some areas have slightly declined) this statistic appears to be a strong indicator that the Denver market is still a highly sought after market. The fact that Colorado real estate was also a top 10 searched term for last month scores another one for Colorado in general.
Promising features of Denver:
Several surrounding Colorado cities and amenities add to the popularity of Denver as a place to live. Denver is less than an hour from skiing, and within 2 hours of a dozen excellent resorts. Travelers love that Denver is only about a half-hour from the airport, and the fact that there are 4 major sports teams (Colorado Avalanche, Denver Nuggets, Denver Broncos, and Colorado Rockies) doesn’t hurt either. In addition, there are several extremely competitive colleges and universities (Colorado State, Colorado University, Denver University, and Colorado College to name a few.) If sports isn’t your thing, Denver also has an excellent arts program, several fantastic museums, any type of dining you desire, and a solid real estate market.
About the Denver real estate market:
When moving to the Denver area from out of town, many people envision moving to Colorado and buying a cabin in the mountains, and are surprised to find that they can’t get that in the city limits of Denver (or in any immediately adjacent cities for that matter.) However, several mountainous towns (such as Evergreen, Golden, Conifer, Bailey, and Coal Creek Canyon) are close enough to get the best of both worlds — mountain living, and the conveniences of a big city.
If you’re curious about moving to the Colorado front range, visit www.AutomatedHomefinder.com for an instant view of the housing market. Other resources available are information on schools, entertainment, and the ability to compare the Denver area to the area you currently reside.
Summary of top 10 most searched areas:

Here is a list of the top 10 most commonly searched areas for real estate for the month of October. Search terms are ranked in order of popularity along with the number of searches, respectively.
1. Florida Real Estate = 78,554 online searches

2. Denver real estate = 65,752

3. San Diego real estate = 63,048

4. Las Vegas real estate = 57,951

5. Georgia real estate = 48,918

6. Louisiana real estate = 43,792

7. Colorado real estate = 42,845

8. Arizona real estate = 42,022

9. San Jose real estate = 38,865

10. Texas real estate = 38,110
Joel McDonald is the President of AutomatedHomefinder.com — a Colorado based website covering real estate from Castle Rock to Fort Collins.

Real Estate Agents Can Negotiate the Best Landlord Tenant Forms Terms

Author: James Kahn
Source: ezinearticles.com

Whether you want to sell your home or lease it, you will need to find a real estate agent. A Real Estate Agent is one who is licensed by the state to practice in the business of real estate. Real estate dealings can be quite complex and a real estate agent will help you deal with the difficulties that are inevitable in the selling or leasing of your house. They are there to ensure a smooth transaction and are essential to safeguard the value of your assets.

To look for a great real estate agent, you need to start asking around for referrals. Most satisfied clients are willing to share their experiences with you and make recommendations. This will give you an idea where to look. If you can, ask for as many referrals as possible and make sure to let those you ask describe to you the experience of working with a particular agent. You will not only know who to look for but you will also have an idea what a particular agent might be like even before you meet him/her. One other option is to look at online listings or ads on the newspapers. This will save you some time and will give you an instant idea of what particular real estate offices might be able to cater to your needs. It would also help for you to attend open houses. You can observe real estate agents without having to really consult with them personally.

When you have enough information, you’ll have a good picture of what kind of agent you are looking for and who might give you what you need. Consider the top three real estate agents you have in mind and schedule for an interview with each of them. A one-on-one interaction will help you gauge his/her capabilities and character enough for you to decide if you want him to be your agent or not.

If you really want to get your money’s worth, look for a residential agent who works full-time on landlord tenant relationships and and who has had a lot of experience working with landlord tenant forms. Ask specific questions about how he/she gets the job done for other landlords or tenants and why they might be the best agent for you. When you feel that he/she is qualified and meets your standards, consult with him/her your particular needs concerning real estate leases and how he intends to accomplish what you want. Ask how much he/she will charge and negotiate the price if you feel that the tenant’s offer is too low. A good residential agent will give you a reasonable compromise after taking in to consideration your specific requirements and his/her own capabilities with handling landlord tenant relationships.

James is an expert in writing about legal forms and documents that may help you when your in the search of the right legal document. He writes many articles about forms ranging from, power of attorney forms, landlord tenant forms, and most any legal form that you are searching for.

The Key to Real Estate Investing Success Revealed!

Author: Ben Innes-Ker
Source: articleage.com

How did you get into real estate investing? Did you read a book on it? Was it a seminar? A meeting of some sort with speakers dispensing real estate investing information, but really selling courses? Did you get really, really jazzed and pumped up by these simple (”not easy”) concepts that were delivered to you in parable form from the stage by a charismatic speaker?
Did you find yourself levitating to the back of the room, powerless but to slap down your plastic to buy the kits that were being sold there? Like, “Yes Mr. Ker we do take traveler’s checks. Yes, cash is OK too. “HEY BARNEY DO YOU HAVE CHANGE FOR A HUNDRED??” There’s your kit Mr. Ker. Good Luck!”
I have to admit that’s where I began. I attended a “conference” and dropped over a grand in two days. What I ended up with was a very funny course about Paper (i.e. discounted mortgages) and a more somber account of making a million five in eighteen months buying and rehabbing multi-units.
I listened to tapes for about four days straight, then went out and bought an HP12C financial calculator. I loved paper (the units can wait a while). I really got my head around it. I loved discounting on the calculator, I loved calculating yields. And the guy on these tapes was so funny!
I spent a fun couple of weeks learning the courses and I knew more than most bankers because the guy on the tapes told me so. I wanted to get started and get a note-closing-sweatshop going just like he described. I knew this stuff inside and out.
Two deals a week would be OK with me you know, I’m not greedy. Now where was it in the book that it showed how to find the deals. OK…here we go … Look up names at the courthouse, call Accountants, call Contractors, call Attorneys……hmmm.
To cut a long story short, I looked up five hundred names at the courthouse and sent letters to them, I made about five hundred phone calls to Accountants and Lawyers (setting up my “network”), and finally I found one note holder who was interested in selling. I made an offer, he said “no”, and I went home and went to bed for two weeks… too depressed to function.
All that work, and this guy just said “no”.
That was my introduction to the wonderful world of real estate investing. From there, I got into low income apartments and completely flushed myself down the toilet!
Five years later, after buying and giving back about 50 units, newly penniless, I discovered this thing called creative real estate. Control without ownership, solving people problems, use your brain to buy property – not your cash.
I had an acute appreciation for it, given my (expensive, and painful) landlording odyssey, but it seemed even with all this wonderful real estate investing information, I was still in very much the same position I had been in when I first got started.
The same position I stayed in, until I wised up, and the same position most real estate investors struggle with year after year because they don’t know any better.
That is: “I know all this real estate investing information inside and out. I know 100 different creative ways to buy a property. But I’ve got to suffer through things like lackluster advertising results, cold-calling, talking to hundreds of testy uninterested people, and dead ends, before I even get the chance to talk to someone who is half way motivated to sell.
This is a crossroads. The proverbial “brick wall” for most of us.
And this brings up an important point. Possibly the most important point to really “get” here. Knowing how to find motivated sellers is far more important than knowing 100 different ways to buy a house. You see, your business (and therefore your life) is going to be frustrating, stressful and unfulfilling unless you find a way to create a non-stop flow of motivated sellers calling you, every day.
Now, that’s obvious isn’t it?
Well it can’t be that obvious because not many people actually do it. You see, what I’m trying to point out here that there is a mental shift that needs to occur in your mind, a paradigm shift if you will, before you are going to make any serious money as a Real Estate Entrepreneur.
And what is this shift? It is: Instead of being a real estate entrepreneur, you must become a marketer of your real estate entrepreneurial business. That’s what it comes down to.
If you are in business, you need to make this shift in your thinking. Because no business is going to prosper, or be successful without a lot of customers.
Making this shift in thinking, in orientation, about who you are, focuses you on the singularly most important and financially rewarding aspect of business: marketing. The money is in marketing the business, not in doing the business. It may take a while before you really absorb this. You may have to think about it for a while before it really sinks in. Read it again. Take a minute.
Once you change your thinking to accept that you are a marketer first, and a Real Estate Entrepreneur second, you’ll finally be able to start making the kind of money you really want to make.
Accepting your role as a marketer is the thing that will move you out of the rut of occasional mediocre deals and up into a level of sustained success that would not otherwise be possible for you (although this is not what is taught in how-to-do-it real estate investing information).
And this is true of anyone in any other business or industry. The person or company who is most on top of their marketing, makes all the money, and dominates their market.
Look at Domino’s. A marketing machine! Very average pizza. But aggressive marketers, and they virtually own their market.
Look at Bill Gates (yes, I know, everyone cites BG). If you saw Accidental Empires though, a PBS documentary by Robert Cringley, you’d know that Gates was just one of hundreds of fanatical “techies” who were trying to make this computer thing work somehow. With his astute positioning and relentless marketing he rode Microsoft up over IBM to the $243B company it is today.
Of course this doesn’t mean you just market better and let your buying, negotiating and selling skills go to pot. You’ve got to be the very best property buyer you can be and run your office well too.
After all, your sellers and buyers deserve the very best treatment from you. But more importantly, doing what you do so well that people can’t resist telling others about you, is the purest type of marketing in and of itself.
Remember, it doesn’t matter how good you are if you have no Motivated Sellers to talk to.
Buying houses from Motivated Sellers with little or no money out of your pocket is the name of the game, and marketing is the thing that brings in the Motivated Sellers.
OK, so, marketing. Really fabulous! But, what does it mean? So far it’s just a word I’ve said 10 or twenty times, right?
Well, there are two types of marketing people typically use.
The traditional approach which, for want of any better way to go, usually involves just going out after randomly selected sellers. They haven’t been screened or qualified in any way. We just know they have a house to sell. We run up big phone and classified ad bills to get to talk to them. In communicating with them we usually talk to them about our financing, and how great it is, and if they will just sell to us their “problems” will go away. We do it manually; call by call, door by door. We talk about us, rather than inquire about them. We chase, they run. When we stop, the marketing stops. The cost per deal is very high, both financially and emotionally.
The second approach is the targeted, low-cost, systemized, response-oriented approach that, through a variety of media (such as direct mail, lead generating classified ads, flyers, signs, radio, cable TV) states or implies a benefit for the seller, calls for a response from them, and positions you as “the solution” for the sellers who want that. The sellers step forward and select you. The marketing is automated, and it is an operating system that works whether you are there or not.
I don’t want to shock you, but we are not going with the first choice here.
Pick up just about any book or course with real estate investing information or that is about creative real estate and you’ll find the choice #1 approach to finding motivated sellers, if any.
What you won’t find anywhere in those books, courses or real estate investing information is the choice #2 approach, which is direct response marketing.
Direct response marketing targets a specific group of most-desired prospects that you have defined as those most likely to respond to your offer (e.g. out-of-state homeowners, or expired listings), then it advertises for or delivers a message to only those people via a media (e.g. personal-looking hand-addressed #10 envelope mailed first class) that will reach them and get their attention. Once in front of the target, direct response delivers the following:
- A benefit-telegraphic headline
- A true marketing message
- An offer, or offers
- A reason to respond immediately
- Precise response instructions and mechanisms.
With these five elements in place, you set yourself up to be called only by motivated, partially pre-sold sellers, continually, day after day! So now you can be freed to do the most productive thing possible for you as an investor: make offers to motivated sellers!
Hopefully you can see the picture here. Direct response marketing cuts your advertising expense in half. It sifts, sorts and screens your prospects so that only the most qualified and most motivated respond and get to talk to you. In short, it allows you to make more while working less, with more predictability, consistency and control than anything else you could do to find deals.
Is that something you want? Think about it. Is there anyone you know of who is buying and selling a boatload of houses every month?
They are still doing a ton of business. Now, why is that? They don’t offer sellers anything more outstanding than you, do they? They are not privy to any real estate investing information that you are not. They certainly don’t offer sellers anything more creative than you are capable of offering. They don’t have any better phone manner than you.
Not at all. The only thing that very successful Real Estate Entrepreneurs do better than anyone else is: Create a reliable, consistent flow of motivated sellers calling in each day! That’s it! That’s the difference.
So did you get the message here? I hope so.
If you want to change your experience in real estate investing from one of anxiety, frustration and disappointment to working less and making more, you’ll make the change.
Ben Innes-Ker is a father, best-selling author, and real estate investing warrior. He has developed the “Motivated Seller Magnet” to help real estate entrepreneurs attract more motivated sellers with less effort and increase profits. To receive your 23 page special report that reveals real estate investing information anyone can use to achieve this too, visit: http://www.motivatedsellermagnet.net

Rancho Penasquitos, San Diego, Real Estate Market Trends And Community Information, August 2006

Author: Real Estate Pros
Source: articledashboard.com

COMMUNITY INFORMATION

Rancho Penasquitos is anchored in the arctic civil allotment of San Diego County aural the accompaniment of California. There are about 54,289 association in this Zip Code (92129) and 16,595 households. The boilerplate age of association is 34.27 years.

TEMPERATURE

The temperature in Rancho Penasquitos is almost moderate. The warmest time of year occurs in August during which temperatures ability an boilerplate top of 72ฐF. The coldest time of year occurs in January with boilerplate temperatures falling to 55ฐF.

HOME AND REAL ESTATE PRICES

The apartment options in Rancho Penasquitos cover single-family homes and properties, condominiums, townhouses, and apartments. The amount of apartment is as follows:

ท One bedchamber townhouse/condominium alpha in the low $200,000s.
ท Two bedchamber townhouse/condominium alpha in the top $200,000s.
ท Three bedchamber townhouse/condominium alpha in the low $300,000s.
ท Three bedchamber single-family homes alpha in the top $400,000s
ท Four bedchamber single-family homes alpha in the low $500,000s

REAL ESTATE MARKET TRENDS

As with a lot of articles and casework in the United States, amount accouterment in the absolute acreage industry are accountable to the armament of accumulation and demand. Whether it’s a buyers bazaar or a seller’s market, it is advantageous to appraise home sales abstracts for the a lot of contempo ages accessible (June 2006), compared adjoin the aforementioned aeon in the antecedent year (June 2005).

For the 92129 Zip Code, the boilerplate amount of resale single-family homes was $630,000 in June 2006, which represents a 6% decrease. A absolute of 55 homes were awash in June 2006. The boilerplate amount of resale condominiums was $345,000 in June 2006, which represents a 6.1% decline. A absolute of 17 units were awash in June 2006. For new architecture homes and condominiums, the boilerplate amount in June 2006 was $315,000, which was down 38.1% from the antecedent year. A absolute of 7 backdrop awash in June 2006.

Homebuyers and home sellers should accumulate in apperception that the abstracts aloft is artlessly a snapshot in time. Therefore, the abstracts have to be evaluated over a best continuance to accept constant bazaar trends.