Submit Your Offers Daily

In order to become a successful real estate investor it is absolutely necessary to consistently submit quality offers every day. Without offers, there can be no deals and deals are the basis of success in real estate investing. Submitting offers daily efficiently and effectively can be the difference between having a successful real estate investing business and having no business at all.

What Keeps You From Making Offers

Fear of rejection keeps many real estate investors from ever making offers. Wholesale investors who are active understand that most of the offers they submit will be rejected but they also understand that the more offers they submit the more offers will be accepted.

Another common reason for not submitting deals is fear of failure. New investors will go to seminars and order CD’s and study programs to help overcome this fear but they end up so overwhelmed, they have no idea where to start. Not every school of thought in real estate wholesaling is meant to work for everyone. FreedomSoft is a new all-in-one real estate software system that will guide you through the process that is customized for you, step by step.

Here are a few things you should know before you submit an offer that will minimize your fear and give you the freedom to submit more offers resulting in more successful deals.

Pre-Qualify and Sort Your Motivated Sellers

Be aware of sellers who want you to look at their property and make them an offer without giving you any idea of their asking price. Tell them you don’t want to waste their time. Most will be shocked that you don’t want to spend your time driving, researching then calling them back only to hear that your offer is not acceptable. Your time needs to be spent with motivated sellers on quality deals.

When you talk to sellers you need to sift and sort though conversations to find their motivation to find the ones that have great potential. Even the best of potential sounding deals may not work out but you can save yourself a lot of time by prescreening effectively. FreedomSoft gives you the questions to ask to find the truly motivated sellers and the ability to keep track of and follow up appropriately with each type of seller.

Analyzing Your Potential Deals

Prescreening potential properties to buy can be time consuming. Analysis and research for potential deals can take 30 to 60 minutes each. You can pay someone to do the research or you can use FreedomSoft’s built in deal analyzer that will tell you in just minutes if the deal is worth pursuing and what you should offer.

Know Your Property Value, Profit Margin and Exit Strategy

Know the value of the property and be familiar with the current market values in the area of interest. The offers you submit should be priced so they will result in a substantial return on your investment of time and money.

Estimate your costs for repairs, closing and selling and factor these costs into your profit margin for increased profit potential. Then be clear on the maximum price you are willing to pay when final negotiations have concluded. Knowing the competition, all costs and the capabilities of the property will allow for a more educated decision.

It is important that you have an exit strategy in place before hand. If you plan to flip the house do you already have investors lined up? If you end up walking away from the deal, what would your alternatives be?

Once you eliminate these fears, you will have the confidence to submit more offers daily and the skills to make a ton more money. Using FreedomSoft will give you the freedom of fear by taking you from getting your first lead to getting your first check. Review FreedomSoft at www.Preston-Ely-Freedom-Soft-Review.com.