Re: Too Quiet & Discouraging - Posted by Bob Taylor
Posted by Bob Taylor on December 11, 1999 at 20:02:02:
You don’t say how long you ran your ad. Ron teaches to run the ad daily on a monthly basis. I have his three cash flow courses. I run my ad daily on a monthly basis. I get more leads than I can possibly handle. I still have, for a few more days, a daytime job. So, my time is strictly a part time endeavor at this point.
However, by doing what I am doing, I can be very selective about who I go see. You can qualify them on the telephone. What are you asking for your house?$100,000.00. What will it appraise for?$100,000.00. Sir, M’am, I do not want to live in your house, I buy and sell houses to make money which means I have to buy for less than I sell for. So now, you help me, how can I pay you $100,000.00 for your house and sell it for $100,000.00 and make any money.
Some people will come off that price and some won’t. If they don’t, Good bye. If you advertise enough, you will get the leads you need.
I advertise in Birmingham, Al. Population of 500,000 to 750,000, depending on who talk to. My ad is one of about 6 or 8 on a daily basis, and, one of about 15 to 20 on Sunday. Keep trying if you really want to do this business and make some good money.
I am scheduled to close on one Friday. Paid $100.00 to get the lady out of the house, spent about $6000.00 on paint, carpet, and doors, paid 3 months payments(about $3,000.00) will sell for appraised orice, $110,000.00. I am to pay her, at simultaneous closing, $90,300.00. My net will be about $10,000.00. $100.00 initial investment.