Article

Get Those Houses Sold! Part V

Topic: InvestingFeaturing Bryan BensonPublished April 21, 2008
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Part VnnIn part I, we talked about our situation. It boiled down to this-excess home, no buyers. And to top it off the market is flooded with excess homes. We left off in part one talking about what you needed to do. Part II talked about your strategies and identifying the problem of your processes. We talked about the potential gimmicks and strategies for selling your homes. What could you offer potential buyers to draw them in? In part three we dug deeper. We talked about if the solutions (from part II) were really going to work. We also talked about whom we were really marketing to and some of our processes. In part IV, we evaluated and decided our strategy. Now in part five we are going to talk about people with credit problems and how that affects you, the seller. If they have credit you know what to do with them. You take them to your mortgage broker and get it financed. Think about it-it’s that easy!nnFirst you have to pump the machine, you got to pump the well and get things coming in. nnWho cares – even if you have to do radio, just do it! A half-page ad in the newspaper may work, but look at your audience and look at what will give you the biggest bang for your buck. Realistically, radio and direct mail is where you are going to get your biggest bang for your buck. You can also look into postcard size mailing. nnThe truth is you need to pound the area where your houses are with direct mail, give them a reason to call you. Don't look like a realtor's ad, make owner financing and low interest rate or whatever hook you are going to put in there stand out... to get them to call you. And then you can quickly prescreen them out or you can drive them to the house if you want. You are probably not going to sleep well without taking the calls yourself, but you start taking too many calls and it is going to run your life for you. nnAnd unless somebody else can't take them, it is a very simple prescreening process.n nThink about the questions-nnDo you want to buy a house? nnWhen do you want to buy a house?nnHow much do you want to spend?nnHave you credit? nnHow much money can you put down? nnWhere do you want to live? nnHow much payment can you afford to make?nnOnce these questions are answered, you know where the candidates qualify and where they fall.n

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About the Author

When it comes to real estate investing, I highly recommend information from Ron LeGrand. For valuable information regarding investing in homes visit RonLeGrand.com. You can also find useful investor resources in the free newsletter at MillionaireMake ewsletter.com

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