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In this 2012 real estate market, you have to know the game and how to win.
Game ? Yeah, it's a game. Win ? Win is to assign the transaction AND ensure it closes - it's how you get paid. Rules are simple: 1) Know your market 2) Know your buyers within your chosen market(s) 3) Identify a "true" prospect 4) Learn/know AND respect your seller's needs 5) Create a contract that reflects "reasonable" timelines - and outs - that respect your seller's needs 6) Have your capital, or proof of funds, included in your purchase offer 7) Have a marketing plan that's ready to roll at contract/offer acceptance 8) Talk/market to your buyers 9) Roll your marketing 10) Assign and drive on to the next Wholesaling, or flipping, real estate is easy enough - even in this 2011/2012 real estate market. Easy enough means implementing a system, or set of steps, that you apply to every property you get under contract. Social media is, nearly, a complete marketing system - in and of itself. Knowing where to market AND how to market - to social sites, is as important as identifying the sites. Bandit signs are critical and will sell your property. Additional local media will round out your efforts to flip that property !! Timelines are critical, from those specified in your contract, to marketing, to bringing in and verifying your buyer to closing the transaction. By understanding and following the rules of engagement, you have the best chance of making your $$, EVERY time. Questions ? Want help ? Give us a shout
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