Get Ready for the Back to School Real Estate Rush
Real estate investors are about to head into one of the busiest times of the year. How can you take full advantage of the opportunities?
Back to school madness will be here before we know it. Most industry outsiders and new Realtors and investors are taught the time to get busy is late spring and summer. Yet, those last few weeks of summer break can be among the most profitable and critical. So where should investors be focusing?
There are a lot of lookers early in the summer. But when back to school dates start looming buyers and sellers get serious. They are on a deadline. Buyers want to be moved in and on a schedule before school starts. And they need to be in the right school district. Many also need to sell their old homes, if not to be able to buy, but to shed the debt and live comfortably without the extra mortgage.
This high level of motivation means opportunities. It means buyers that need to, and will buy, and will bid high. Sellers must sell, and for many that means being willing to sell at a discount or on terms.
Capitalizing on this surge in real estate transaction activity is also essential for bulking up on capital for the weeks ahead. Generate cash from wholesaling to buy up in the softer months to come. After the back to school rush typically comes the seasonal dip in listing prices. This could be compounded this year by the presidential election.
How do you get more of this business? Get visible by doing the bold marketing your competition isn’t. Get a niche – perhaps offering speed of closing as your advantage. Provide school district information. Maybe include offers to help with moving and school supplies (note that some kids are going to need cars this year, and that’s a big expense).
When you start to make gains and pull in the profits from this activity don’t forget to participate in back pack drives and support the local community.
Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of flash funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.
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