Thursday, May 9, 2013

Find Your Real Estate Formula For Success

A lot of people are asking me why our houses sell fast.  What is my real estate formula?
Strategies and ways are all written in real estate motivational books.  We also hear stories from other investors that we come across with in the real estate industry.  Sure what they claimed works for them but does it really work for you?  Or are they just preaching to the converted? And are we just jumping on to a bandwagon in the hope that it’s a gravy train?  However, as the saying goes the proof of the pudding is in the eating.  After a few months and it’s not making money so there must be something wrong with your strategy.

Let’s say others don’t have the experience in the real estate or training, but if you have the flair and the talent there’s still a chance to be successful in this business.  So, it’s a question of dipping your toe in the water and taking a limited risk to find out that you’re on the right track.
Why not list down your key competences that you used to be successful in other jobs that you’ve done in the past and apply these in your real estate business?
If you worked in the department store where you’re in charge of direct sales then you already understand clients and how to approach and handle them.  So then, you’ve got a people skill which is very important in real estate!

If you have good computer skills and have worked as an administrator, this will help you to develop your website and e-marketing in your real estate business.

Or maybe mom and dad own a store and you observed the wheeling, dealing and trading wholesale goods then you know the concept of real estate wholesaling.

Or perhaps you’re one of those people who is a fanatical D.I.Y.-er.  Then, this is the right time for you in real estate business to apply your skills in rehabbing houses.

After listing down your key competences and finding out as to how passionate are you in real estate business, get a mentor to guide you along the way.   And mentors will ultimately help you  reach your goals faster.

So, who said there’s a secret formula?  The formula is not secret at all the main thing here is to utilize your own skills and channel them into your real estate business.

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