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Value-added builder
discovers welcome niche in
down cycle,
an article from the
Colorado Springs Business
Journal, reports
that a remodeling company
fronts $25,000 to $35,000 to
fix up a less-than-perfect
home and the property’s
selling price increases, all
with no out-of-pocket
expense for the home owner.
When the house sells, the
contractor recovers the
initial investment and 50%
of the proceeds in excess of
the “as-is” price. Chris
Hotz, co-founder of
Value-builders said, “So far
we haven’t had one deal
where we and the homeowner
didn’t make money.”
According to Hotz,
Value-builders has 8
franchises in Denver and has
just entered the Phoenix
market. The next phase of
the company’s expansion
likely will be the Seattle
area and the Pikes Peak
region. He said, “In
Colorado Springs you have
plenty of properties worth
less than two years ago.
It’s a hard pill to swallow,
but usually with a good
remodel, we can get the
homeowner more.”
http://www.csbj.com/story.cfm?ID=19710
Setting And Achieving
Prospecting Goals,
an article from
RealtyTimes.com,
reports that when setting
prospecting goals, focus
on the number of contacts
you should make each day and
week, the number of leads
you should develop, and the
number of personal
appointments you should
set. A contact is
considered a personal
conversation with a decision
maker who can make a
purchase or sale or who
might refer you to someone
who could. Start your
contacts goal at 5 per day
and when you are able to
achieve that goal for a few
weeks straight, raise your
goal to 7 to 10 per
day. Leads are defined
as contacts that
have expressed
through speaking
with you that they are
motivated to make a change
in their living
arrangements. You should
aim to achieve at least one
lead per day and five leads
per week. An appointment is
a personal meeting with
prospects, during which you
discuss their needs and
wants, share your work
ethic, and gain their
commitment to work with you
in an exclusive relationship
to sell their home or find
them a home to purchase.
One appointment per week is
a reasonable start. With
follow through and
diligence, you will meet
your goals.
http://realtytimes.com/rtpages/20080324_prospectgoal.htm
Additional articles that you
may find of interest:
Why it's not too late to
refinance
http://money.cnn.com/2008/03/10/real_estate/risk_refinancin.moneymag/index.htm?postversion=2008032403
Investors eye housing,
personal spending data
http://www.msnbc.msn.com/id/23747361/
What if I can't pay my
mortgage?
http://www.msnbc.msn.com/id/23744806/
Home equity loans drying up
for some
http://www.msnbc.msn.com/id/23453269/
How to Stay Positive in the
Wake of Negative Real Estate
Reports
http://rismedia.com/wp/2008-03-21/ask-dr-maya-how-to-stay-positive-in-the-wake-of-negative-real-estate-reports/ |