It doesn’t matter if you’re just starting out with wholesaling real estate or you’ve been in the real estate investing world for years: you could probably stand to improve. After all, who doesn’t want to make more money, have a bigger list or sell properties faster? In fact, making changes to your business doesn’t have to be a grueling process, and a small step towards improvement is better than stagnation. Before today’s over, why not make one of these changes?
1. Shake up your signage. Are you a fan of front-yard signs? What about hanging fliers in particular neighborhoods? Get out of your advertising rut and try something new. Whether you draw up entirely new signs in bright colors or just hang your fliers in a slightly different part of town, switching up your ads can help you garner new clients and may even lead you to new properties.
2. Look for landlords. Wholesaling real estate is all about buying a property cheap and finding a buyer fast. Who better to buy your property than somebody who already has a stake in the neighborhood? Take a drive through town and look for buildings and offices that are for rent. If you have a property you need to sell in that area, try calling up the landlords there. They’re already in the real estate investing game, so they may just be your next buyer.
3. Check out your competition. Are you signed up for other wholesalers’ e-mail lists? If not, you should be, because those lists can give you great insight into what your competitors are doing around town. Depending on whether you’re working with residential or commercial properties, you might even want to find non-local real estate investing people who specialize in your niche.
4. Set a goal. If you sold your last property in two weeks, why not try to sell your next one in a week and a half? Setting challenging but realistic goals can give your business a much-needed jolt, and it’ll help you improve, too.
Wholesaling real estate is a fun and worthwhile first or second career – and making improvements can make it even more lucrative. Whether you overhaul your entire system or just hang up a couple of extra fliers, making smart changes can help get your real estate investing business booming again.
