Mar
2023

Is Buying Real Estate Today A Good Investment Opportunity?

Being that you are reading this you are wanting to find out if buying real estate is still a good investment opportunity.

Well, lets be honest…

Real estate will always be a good investment opportunity, its all in how you approach it and how strategic you get when times get hard in the economy.

First, a little word of advice…

Just because advertisements, newspapers or media people say the economy is terrible and you shouldn’t buy real estate because we are in a recession, doesn’t mean you should listen to them.

Those newspapers and media sell bad news because it gets readers and viewers, the more they have the more they can charge for advertisements.

Besides most of the experts you see make less than you do at your job, so why listen to them?

Here are a couple solid idea’s to get your mind going on why buying real estate is still a good investment opportunity.

First, as more and more people lose and move out of their main homes, this is in large part because they can no longer afford that big mortgage because of a hardship of some sort…

Laid off, downsized or just plain can’t find work.

This is where the opportunity lies…

People will always need a place to live and if you can provide one they will pay you forever!

At a alarming rate rentals have gone up.

Families are realizing that they need a home and usually a apartment is not the best option for them so they find normal homes that fit their budget and loyally pay their monthly dues.

Imagine not having to worry about how the economy is doing, or if a company makes a mistake or gets boughtout and your investments tank.

This is the power of having rentals.

That as long as they are occupied, you will have a check every month!

Another great way to buy real estate and create a investment opportunity is by flipping homes strategically…

Flipping homes was very popular between 2000 and 2005, and that’s largely in part because it was easy to do it.

Homes were appreciating every 30 days and anybody could make money as long as they were willing to go through the motions and invest a little…

This is no longer the case, its takes a strategic plan today. But the chances for making more money exist.

If you are going to peruse this route I would contact and interview a handful of very successful realtors. And once you find one who is good at finding distressed properties, negotiating and selling, get them on board and use them as a long term asset.

Buying real estate for investment opportunities is not complicated but it does require risk and being able to adjust to the ever changing environment.

In doing so you can to build yourself a fortune over time and laugh at all the media that told you not to go into real estate investing.

May
2022

Real Estate Marketing Mistakes: Bland Agent Bios

Have you read any good real estate agent bios lately? Unless you’ve been doing a lot of searching, the answer is probably “no.”

Almost every bio you’ll find sounds just like all the rest. They list designations – that alphabet soup of letters that most real estate consumers can’t decipher. How many non-real estate people do you know who actually know what the letters GRI or ABR mean?

And if the agent does reveal what the letters stand for, how many potential clients know what it means to them? Very few.

Then they go on to tell about the agent’s accomplishments. They might say “Million Dollar Club Member” or “Top Listing Agent 3 years running.” Those things don’t mean much to the average consumer either. If anything, they misunderstand what the Million Dollar club means, and they think that agent is “making too much money.”

After that, they say “Customer service is my top priority,” or some other generic words that try to convince a reader that they’re wonderful agents who will take good care of them. Often they’re the same words that were used on a home page or a buyer or a seller page.

By the time they get to the end of the page, they still haven’t revealed a thing about themselves or given their prospects any reason to like them, trust them, or hire them.

Instead of copying the same formula that other agents use, each agent should strive to make himself or herself stand out from the crowd. Prospects want to know why this agent is the best choice for them – they want to know what the agent will do that’s different from what everyone else is doing. So tell them.

Also, in this day of diminishing trust, they want some bit of information that will let them see that this is a real person – someone who cares about something in addition to closing transactions and collecting commission checks.

That’s why I recommend that agents reveal some personal information.

If you’re getting ready to write your real estate agent bio, start by thinking about things in your past that prepared you for your role as a real estate agent. Perhaps it was a job that taught you how to listen well, or negotiate. Maybe you were a home builder or an appraiser or a home inspector – so you can protect your buyers from purchasing a “money pit.”

Perhaps you’ve had a life-long fascination with homes and different types of housing architecture. Perhaps one of your parents sold real estate and taught you that it was the world’s best career.

You don’t have to go into detail, but do share something about the reason why you chose real estate sales as a career. “I love helping people” or “I love people” is not good enough.

Next, remember that people like to do business with others who are somehow “like them,” so share something about your spare time activities – such as hobbies, volunteerism, or membership in service organizations. If you have pets, mention them. If you’re a proud grandma or grandpa, mention that.

Again, you don’t need details. But do give your prospects a reason to like and trust you before they even meet you.