Gain the Confidence to Make Offers Daily

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Submitting offers daily efficiently and effectively can be the difference between having a successful real estate investing business and having no business at all. Without submitting offers, you can’t make deals and deals are the basis of a successful real estate investing business. In order to become a successful real estate investor it is necessary to consistently submit quality offers every day.

What Keeps You From Making Offers

Fear of rejection keeps many real estate investors from ever making offers. Wholesale investors who are active understand that most of the offers they submit will be rejected but they also understand that the more offers they submit the more offers will be accepted.

Another common reason for not submitting deals is fear of failure. New investors will go to seminars and order CD’s and study programs but they end up so overwhelmed and they have no idea where to start. Not everything taught is meant to work for everyone. FreedomSoft is a new all-in-one real estate software system that will take you through the process step by step.

Here are a few things you should know that will minimize your fear and give you the freedom to submit more quality offers resulting in more successful deals.

Pre-Qualify and Sort Motivated Sellers

Be aware of sellers who want you to look at their property and make them an offer without giving you any idea of their asking price. Tell them you don’t want to waste their time. Most will be shocked that you don’t want to spend your time driving, researching then calling them back only to hear that your offer is not acceptable. Your time needs to be spent with motivated sellers on quality deals.

When talking to sellers you need to sift and sort though conversations looking for their motivation to find the ones that have the greatest potential. Even the best of potential sounding deals may not work out but you can save yourself a lot of time by prescreening effectively. FreedomSoft gives you the questions to ask to find the truly motivated sellers and the ability to classify and follow up appropriately with each type of seller.

Analyzing Your Deals

Prescreening potential properties to buy can be time consuming. Analysis and research for potential deals can take 30 to 60 minutes each. You can pay someone to do the research or you can use FreedomSoft’s built in deal analyzer that will tell you in just minutes if the deal is worth pursuing and what you should offer.

Know the Property Value, Profit Margin and Exit Strategy

Your offers should be priced so they will result in a substantial return on your investment of time and money. Know the value of your property and be familiar with the current market values in the area.

Knowing your competition, your costs and the capabilities of the property will allow you to make a more educated decision. Estimate your costs for repairs, closing and selling and factor these costs into your profit margin for increased profit potential. Then be clear on the maximum price you are willing to pay when final negotiations have concluded.

Be sure you have an exit strategy; this is very important. Do you have your investors in place to flip your property to? If something goes wrong and you walk away from the deal, what are your alternatives? What do you risk to lose?

Once you eliminate these fears, you will have the confidence to submit more offers every day and the skills to make a ton more money. Using FreedomSoft will give you the freedom of fear by taking you from getting your first lead to getting your first check. Review FreedomSoft at www.Preston-Ely-Freedom-Soft-Review.com.

Article kindly provided by UberArticles.com

Topics: Real Estate | Comments Off

Tags: alex pardo, freedomsoft, freedomsoft review, freedomsoft review blog, Internet Marketing, making money in real estate, making money wholesaling, preston ely, pros and cons of freedomsoft, Real Estate, real estate business, real estate investing, real estate wholesaling

Article Citation
MLA Style Citation:
Pardo, Alex "Gain the Confidence to Make Offers Daily." Gain the Confidence to Make Offers Daily. 12 Jan. 2010. uberarticles.com. 9 Feb 2012 <http://uberarticles.com/real-estate/gain-the-confidence-to-make-offers-daily/>.

APA Style Citation:
Pardo, A (2010, January 12). Gain the Confidence to Make Offers Daily. Retrieved February 9, 2012, from http://uberarticles.com/real-estate/gain-the-confidence-to-make-offers-daily/

Chicago Style Citation:
Pardo, Alex "Gain the Confidence to Make Offers Daily" uberarticles.com. http://uberarticles.com/real-estate/gain-the-confidence-to-make-offers-daily/

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