- Thread starter
- #22
User Power
Value/Post Ratio
101%
- Jan 10, 2015
- 200
- 202
- 33
3 sold I'm happy, my customer is happy, big big wins
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.
Free registration at the forum removes this block.Thank you @MKHB ! This is very useful! I need to analyze it further. This is mostly undeveloped land with water, gas, electricity infrastructure close to it. I will start small as I can't afford buying that land now.
Yes @bizzle I can only speak for California and VirginiaSorry the last line "Someone more experienced with Real Estate or real property should be able to give more clear/better advice."
I meant someone on this forum should be able to help you out with more particular details,technique or strategy to evaluate your commission rate.
Thank you @MTF, customer focus is so natural for me that I forgot to mention it I want to be there to help them. First of all I want to start with a 'campaign' to see if there is real interest. I realize that there may be no interest, but I can also see new developers near my town building homes, so it is worth trying. @MKHB shed a lot of light on this topic and I want to stick to his advice, I'm new fish, not yet experienced
3 Options to take advantage of the situation:
Real Estate is generally not Fastlane, but it's one of the best slowlane stepping stones on your way to Fastlane glory.
- You can "partner" with landowners as a third party helping them determine what their land is worth and getting a fee or % after sale;
- Pay 4 hundred dollars, become an agent and use your new expertise to become "Michal The Landman" the go-to broker for all dirt deals; and
- Develop some kind of 3rd party internet page as @GrumpyCat suggested, e.g., landwatch.com.
Thank you Leo! I will also approach local businesses and ask them if I could leave my biz cards there. I can always add them as partners on my Partners tab
Not sure what to do, I consider the listing pricing to be a little bit below the market and still no real interest.
Join Fastlane Insiders.