Successful real estate professionals know that there are a lot of factors that go into scaling a business. What should you be focusing on to make sure you get massive leverage?
Which tasks should you be leveraging to other people?
On this episode, I talk with real estate investor and founder of REIVault, Gary Boomershine, who shares stellar advice for taking a real estate business to the next level.
Takeaways + Tactics
If you want to build your business, it’s crucial that you use other people’s time instead of your own.
Give sellers the option of selling their home at the ‘investors price’. While it’s lower than what they’d get for a traditional listing, share the benefits of selling at the investors price.
Create an integrated, shared marketing team. Streamlining the process allows you to offer great value to clients at lower rates.
Teams are extremely important in real estate, so make sure you’re building them effectively. Build teams that can handle marketing across various platforms, and through a number of strategies. You also need to make sure you’re creating awareness for the possibility of selling to an investor. There are many benefits to this, and your clients should be aware of the option.
Gary Boomershine was born into a real estate family in California. While in college, although he chose to study computer engineering degree, Gary worked as a licensed agent to support himself. Because of his strong background in the industry, after dabbling in computer science and then sales, he decided to return to real estate. Today, he’s the CEO of RealEstateInvestor.com and it’s flagship, REIVault.