Spent some rare and valued one on one time with my grandpa ("Papa") yesterday.
He was a lifelong farmer (literally was born in the farmhouse, still lives there) and has a HS education.
I usually always leave these visits with some new knowledge of family history and life advice.
Keep in mind he knows very little about interest rates, the economy, supply & demand, etc.
Before I left, he asked how the real estate business is going. I gave a vague answer along the lines of "busy, but it's been a rough year"
Papa knowingly smiled. "We had many rough years on the farm. Expenses were high and selling prices were low. Every day I'd open the barn door in the morning knowing that it was losing me money. But I knew times would change eventually; they always did. Prices would come up and expenses would come down. So you know what I did?"
"Every day, keep opening the barn door and get to work. And hold on for dear life"
@SethBorman@N8RealEstate Any age really. In my market, new trim is not going to move the needle on sale price. I actually think our houses with nice, unpainted (but stained) wood trim sell better because of the character
@N8RealEstate Yep. This is a good time to mail things that people are more likely to hold on to and call later (letters, business cards, magnets, pamphlets, etc.)
@BednarikMatt I've been checked out for at least 5 years. I wish there was something out there for more experienced investors. But, you are catering to a much smaller customer base in that case.
@_apryor List of the top 5 most common objections/roadblocks with frequencies (% occurrence) and how you respond
"Why do I get 10 of these calls every day"
"Is this a scam"
"I know what my house is worth"
etc
@meetmikehiggins@N8RealEstate Right, it's called a "post settlement occupancy"
This has become increasingly needed in my market since inventory is so tight. You are offering two benefits: flexibility in allowing them time to find their next time, and also allowing them time to move after the sale