EP391: Here's What 98% of Your Competition Isn't Doing (& How You Can Capitalize Quickly)

Alex offers some tips on what your competition is most likely not doing! These small changes have made big things happen in Alex's business. It involves a little bit of creativity, flexibility, and having an open mind, but it works! Find out how Alex maximizes his contract deals and potential leads to the fullest.

Key Takeaways:

• Alex is currently at the ASCEND Mastermind Retreat.
• When you make offers to sellers, consider removing the contingencies, like inspection days, etc.
• Have an expiration date on your contract. It's important to create a sense of urgency.
• If you know it's a deal, don't be shy to put a solid earnest money deposit down.
• Transparency is key here.
• Remember to check with your local attorney before offering any type of referral fees.
• If you are going to make $20–$30K on a deal you normally wouldn't have gotten, why not make them a JV partner in the deal?
• If you have a contracted property and the property is vacant, throw a bandit sign in front of the house (with the sellers permission of course)!
• You don't lose anything by asking! Ask your potential sellers if they'd be open to a sign in front of their house.
• We get bombarded by so much info on a daily basis. Just pick one thing and implement it.

Mentioned in This Episode:

How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life: Don't Wait To Enjoy Your Life Tomorrow, Live It Today!

Interested in joining the next Mastermind in July 2020? Holidaymastermind.com.

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Tweetables:

"There has to be an expiration on the contract to create a sense of urgency."

"If it's disclosed to your buyer on paper then you can use their deposit as your deposit on the front-side transaction."

"We have offered up to $5,000–$10,000 referral fees for people who bring us opportunities."

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