Copyright (c) 2009 Duncan WiermanSavvy Real Estate Investors know that 2009 is the time to step up their game. Opportunities abound across the entire USA. What is Wholesaling?Put in layman’s terms, wholesaling properties is basically being able to spot a potential property bargain and then negotiating with another investor for its purchase. Once purchased, the property may be held until market conditions improve or be resold by the investor for an acceptable profit. The property wholesaler’s primary function is to find properties that investors may be interested in and provide the wherewithal to close the deal. Wholesaling properties may consist of land, single and multiple family dwellings, commercial lots, pre-construction buildings, condominiums or new homes. A property wholesalers function is to locate bargain property far below market value and assign the deal to another investor. Commissions vary depending on the sale; but some real estate deals are netting wholesalers profits from 3,000 to 50,000 per deal. With the use of technology that is now available to investors, a new breed of wholesalers has been born. They are achieving a level of success that has never been heard of before. A virtual property wholesaler incorporates the power of the internet coupled with viral marketing and technology in order to find and deliver fabulous deals to buyers nationwide. Property investors are still keen on conducting business in an uncertain market and are always on the alert for consistent input on money-making deals. Wholesalers fill the gap for other investors who may not have the time or inclination to market for deals. The three key steps to becoming a successful virtual property wholesaler are:1. Construct your own buyers list consisting of investors who will offer repeat business. Make full use of the latest technology to stay on top of your game and to pre-screen potential buyers such as hosting your own website, begin a pod-cast, use auto-responders for email soliciting, create and maintain related blogs; construct membership areas on your site; submit related articles to article submission sites, or delve into video marketing and/or any other resource you can think of to get your business acumen out there. 2. Develop and train a cracker-jack virtual team who are dedicated to helping you run and grow your business independently. Remote team members can be recruited from all over the world. By acquiring like minded people to join your team you will realize an exponential growth of your business. 3. Start local and then expand your search nation (or even world) wide for awesome deals. Take the time to pre-screen every opportunity prior to beginning the bartering process with investors. Although initially this process may be a little time consuming, diligent research can produce on line resources dedicated to helping you find and evaluate various property deals from many different areas. Virtual real estate wholesaling is a new and exciting way of doing business. If you want to be included in the next wave of prosperity, lay the groundwork today for one of the most lucrative, cutting edge businesses of the future – starting as a virtual property wholesaler will reap you fabulous rewards. All that is needed is 4 -5 hours a week and a bit of knowledge of market conditions.
Posts Tagged ‘Estate’
Why Hire A Real Estate Virtual Assistant?
December 9th, 2009You originally accepted the challenge of a real estate agent for many reasons. It may have been due to your love for meeting new people, or finding just the right house for the specific needs of a family. Then you discovered all the planning and paperwork involved in the process. There is marketing, contact management, client acquisition, client retention, design, along with many other administrative and development issues.
In a perfect world you could hire someone who would only come to work when you really needed them and they would always know just what to do. They would never call in sick, take up space in your office, or bother you with insurance concerns.
Welcome to a Perfect World
The idea of a virtual assistant may sound unique and perhaps even a bit futuristic, but a Real Estate Virtual Assistant can provide the perfect opportunity for you to do what you do best without the hassle of many undesirable elements of real estate sales including transaction coordination, marketing design work, client database management, data entry, lead follow up, and lead generation.
An online virtual assistant can aid you in critical times, allowing you to concentrate on what you enjoy most, serving your clients and selling property.
Practical Reasoning
Virtual assistants never take up room in your office, they never call in sick, they are not entitled to unempoyment and best of all they take care of you in some very specific ways.
Reduce administrative tasks
Increase market awareness
Handle design tasks
Coordinate Transactions
Free up time for agent
Track and follow up with leads
Stay in touch with past clients on agents behalf
Perform direct mail marketing campaigns
Configure and maintain contact database
Develop and manage email marketing campaigns
You might already have a capable assistant in your office, but by learning more about the services of a Real Estate Virtual Assistant you might think twice about hiring a replacement when they leave.
What do Virtual Assistants do?
A virtual assistant will make your business their business for as long as you need them. They take care of all the details you know are needed, but hate doing. Ask yourself, who do you think would do a job better someone who wishes they were not doing it or someone that makes it their specialty?
A virtual assistant is someone who makes use of available technology to help you build and maintain your business.
Change Can Be Good
We understand this idea may seem strange to the sensibilities of some, but as communication methods, technologies, and software have advanced so have opportunities for cost effective outsourcing that allow real estate agents to pursue more lucrative endeavors.
If you have a need for an assistant, but wonder about the cost effective nature of such a hire, consider the benefits of a virtual assistant providing both a viable short and long-term strategy as well as saving you time and money.
Benefits of Hiring a Certified Real Estate Virtual Assistant
Adding a virtual assistant to your team benefits your business in the following ways:
There is minimal training necessary!
You do not compensate Virtual Assistants for: benefits, insurance, vacation, holiday, sick pay or retirement plans nor do you have to pay Social Security, Medicare, Worker’s Compensation, payroll tax, or unemployment taxes. There are no employee cost associated with a virtual assistant
There are no expenses for computers, office equipment, software, or furniture. Virtual Assistant use our their own equipment, work from their office, and do not take up space in yours.
You can increase your productivity during busy times without hiring additional employees
You can handle special projects without sacrificing another aspect of your business or disrupting your office. You only pay Virtual Assistants for the time they spend on your business
You have access to a professional with skills and technology that you may not have time to learn, implement, or maintain
You will have more free time to focus on growing your business or to spend leisurely!
