Don’t retire poor and don’t let your clients retire poor. Bloomberg recently released startling data showing the wealth disparity between retirees who owned their primary residence versus retirees who rented a home. It showed a huge disparity in wealth with homeowners having a net-worth four
By default, every homeowner is also a real estate investor. When a home buyer buys a home today, you need to let them know that today’s decision is probably going to be the most important decision they make about their retirement plan. That’s because for
Almost all real estate transactions are like a three-legged stool consisting of the buyer (customer), the seller (inventory) and the financing (cash or mortgage). You need all three legs of the stool for the stool to be stable and for you to sit on the stool.
Investors will Judge You on Your Mindset and Skill Set If you want to work with real estate investors, you need to pick up your game and continually work on two things – your mindset and skill set. Investors are unforgiving and suffer no fools.
Investor Friendly Agents Fish in the Blue Ocean One of the major advantages enjoyed by investor friendly agents is that there is so much less competition from other agents for investor deals. Most Realtors don’t have the expertise or experience to work with investors. As
The Five Investor Broker Channels of Opportunity The Investor Broker community was born out of a think tank with a group of investor friendly agents. We brainstormed and white-boarded the things we needed most to be successful investor brokers. We quickly zeroed in on the
Working with real estate investors will turbo-charge your business and will probably completely change your life. There is so much more financial opportunity and so much less competition when compared to working with the traditional real estate market. That’s one really, really good reason for
The Traditional Real Estate Market Until recently, the real estate market was traditionally divided into two distinct markets – the residential real estate market and the commercial real estate market. The Emergence of the Residential Investment Real Estate Market In the last decade, the success
2023 was a tough year for the real estate industry. High interest rates, record low sales volume, anemic inventory and massive upheaval following the shocking $1.8 billion adverse judgment in the first (of many) commission lawsuits. As we head into 2024, we’re facing the likelihood