February 12, 2013 · 1 Comment
Think generating 168 offers for your properties is impossible? It’s not!
Forget debating a real estate recovery. It’s all go in the housing market now. It’s time to be flipping houses full speed and for top dollar.
A Washington DC, HUD approved broker recently provided Bloomberg News details about a Union Station home which received 168 offers in 10 days. This certainly isn’t the only case of multiple bids and outrageous bidding wars today either. On the West Coast builders are reporting wannabe buyers camping out for as much as two weeks to get in line for a chance to simply bid on new homes.
6 quick tips for generating multiple offers:
- Find undervalued deals in prime markets
- Be fast with your purchase offers
- Have your financing lined up and ready to go
- Make homes available to be viewed as much as possible
- Create exclusivity
- Use the media to increase visibility and buzz
It might look like happy hour for home buyers out there but real estate investors ought to be the ones toasting and celebrating their success. If you aren’t going all out flipping houses right now you are missing out on the opportunity of a lifetime to change your future, create real wealth to last generations, and the chance to make an even bigger impact than your own family legacy through philanthropy.
For those that bombed when the bubble burst this is the chance to re-launch and get it right, perhaps with the aid of coaching to build a model that will last and hit new highs. For those new to flipping houses, you have the advantage of great, new real estate investing education programs and systems that will help you pole vault over the pitfalls others have made in the past and achieve lasting success.