EP257: How 1 Instagram Post Yielded An Extra $40k Profit

Nov 15, 2018

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Alex and his team did something different in the business and added one of their deals onto social media. It ended up getting a buyer who was willing to pay more than their current buyers list as well as on the MLS! Although he is not a social media expert, he wants to hear feedback from those who are killing it on there!

Key Takeaways:

Alex put a vacant property out on the MLS and they weren't really getting a lot of 'bite' on it.
One of Alex's team members (Transaction Coordinator) took the deal and posted it on her Instagram instead… and a buyer contacted her!
They ended up making $92K in net profit because of this!
Don't underestimate the power of social media.
Alex is now looking into how they can leverage social media a bit better.
The Transaction Coordinator didn't get a lot of likes or comments on her profile, but in the end, it just takes one person to say yes!
Are you successfully tapping into social media? Alex would love to hear from you.
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Mentioned in This Episode:

Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com

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Tweetables:

"That buyer came in close to $40,000 higher in his offer than any other buyer in our list and from the MLS."

"We landed a buyer because somebody on her social media network liked the deal!"

"Even if we never touched social media again, it still almost brought us an extra $30-40K into the business."

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