| How do you rank with other real estate investors, who | | | | How can you be rated as a preferred real estate |
| started out with the same capital in terms of earnings | | | | investor? How fast would they require you to respond |
| and competitiveness? Are you one of the success | | | | to their counteroffers? Do they prefer 100% cash |
| stories in your real estate investment club? Or do you | | | | offers or large cash down payments with financing |
| continue to be regarded as a lightweight investor in | | | | from their own lending department, so they can earn |
| your group? | | | | more money? How fast do they want to close? |
| If you are not happy with your real estate investing | | | | Consistent follow-ups are also needed to acquire fresh |
| results so far, then you have to step-up the game. | | | | leads fast. But of course, networking also involves |
| And this year (2009-2010) is the best time for ordinary | | | | understanding your contacts' own priorities and needs |
| real estate investors to break-out from mediocre | | | | in order to have a mutually beneficial relationship. |
| investment returns. Real estate investors are | | | | In addition, competition in real estate investing for bank |
| presented with tremendous opportunities to acquire | | | | REO properties is also fought with marketing |
| investment properties in bank REO's. | | | | campaigns (social marketing, direct marketing, |
| However, like all good business opportunities you need | | | | e-marketing, free info products, and etc.) How can you |
| to compete effectively. And key areas you need to | | | | increase your brand to bank asset managers and |
| excel in investing in bank REO properties are | | | | REO brokers as the top investor for buying REO |
| 'networking' productively with key players in the REO | | | | properties? |
| industry, and 'knowing' what are deal closers with each | | | | How can you increase your brand to home buyers as |
| respective bank. | | | | being the better and less stressful alternative to |
| You need to network with bank asset managers and | | | | acquiring bank REO's? |
| their REO brokers to get leads ahead of your rivals | | | | Hence, the new battleground in real estate investing is |
| and to fully understand the requirements and | | | | fought in the acquisition of bank REO's and giving the |
| preferences of the bank in selling their REO properties. | | | | consumers a more pleasant home buying experience. |