I think it's safe to say that it's officially a seller's market right now.
We are in the days of...
- Multiple Offers
- Bidding Wars
- Lotteries for Offers
- Prices Skyrocketing
2014 and 2015 were years of recovery, but it seems that 2016 is the year of growth in the housing market. All statistics show that this is the year that it will be harder and harder to find good deals by just simply using the MLS.
FACT: In today's environment, it is getting harder and harder to find deals using the old ways.
It's no question that you need to have a competitive advantage, especially in this type of market. You need to figure out how to play the game within a game and be able to make moves that no one sees coming - but how?
Competitive Advantage #1
You MUST get to the deals FIRST and basically box out your competition. You want your competitor to see what you are working on and wonder "How did they get that property? I didn't even know it was available."
Competitive Advantage #2
You MUST find cash buyers when the banks are not loaning. You have to have access to funding and creative means of doing deals outside of banking and lending institutions. If you are a Strategic Real Estate Coach student and member, this is already solved for you because we offer Asset Based Lending for your deals.
Competitive Advantage #3
You MUST get the deals that no one else even sees. Not only do you need to get to the deals first, you also need to make sure you are finding deals that aren't on anyone else's radar. We are talking the vacant, off-market properties that no one else but you will know about.
Competitive Advantage #4
You MUST access information that no one else knows about. How can you get access to this information on motivated sellers? The key is to know in advance which property is headed toward crisis. Things such as...
- Bad Rentals
- Loss of Job
These scenarios are incredibly unfortunate but they happen every day.
Getting the Leverage You Need
All of these will help tip the scales to be in your favor and create the ultimate competitive advantage. There really is no "get rich quick" scheme or magic button to press that is suddenly going to have money raining down on you. It's about hard work, dedication and staying ahead in the game.
So, how do you do save MASSIVE TIME and create these competitive advantages for yourself in today's real estate market? The answer is big data. It's in the news EVERYWHERE and being used by EVERY Fortune 500 company to compete for your business.
Obviously we don't have time to sit and crunch the numbers and try to find the hidden patterns inside the data, but what if there was a system set up that already does the crunching for you?
What you need is to seek out your biggest business challenges and solve them with systems that create efficiency and predictable results. Systems and processes make it EASIER to do more business faster. These systems can help you find vacant properties before anyone (banks, realtors, truly everyone) even know they exist.
Imagine how your business (and bank account) would change if you were able to find every deal before anyone else. Join us tomorrow on this free master class to learn more about how we were able to crack the code on finding these motivated sellers and vacant properties.
You do NOT want to miss this...
CEO Strategic Real Estate Coach
CEO Freeland Ventures and Freeland Lending
CEO Yellow Jacket Properties