5 • 957 Ratings
🗓️ 18 March 2021
⏱️ 24 minutes
🧾️ Download transcript
A real estate agent plays a big role in a deal between buyer and seller. They know a lot when it comes to the process of selling a property and representing buyers and sellers. They also invest time and money in their marketing strategy to sell properties. As a real estate buyer, remember that your goal is not just to buy, but also to help and give value to other parties involved in a deal.
In today's episode, Marco and his co-hosts talk about some ways to monetize opportunities from real estate. They also highlight the importance of helping sellers and agents to make the deal works for everyone.
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0:00.0 | At the end of the day, we're giving a chunk of listings to an agent, |
0:04.1 | we're going to figure out exactly what they're going to make and make a very small piece, |
0:08.3 | a little upfront and a lot later, for the relationship so they can go ahead and list that. |
0:15.1 | Welcome to the Big Fat Real Estate Checks Podcast with Marco Kuzlowski, |
0:20.4 | where we help investors like you get the knowledge and skills you need to replace your J-O-B |
0:26.0 | with passive cash flow for life. |
0:29.2 | Hey everyone and welcome to another episode of Big Fat Real Estate Checks. |
0:33.6 | I'm yours, truly, Marco Kuzlowski with Gabrielle Aresh and Frank Galuccio, |
0:38.8 | who has decided to join us in this recording. |
0:41.6 | We just recorded one with Only Gabe. Frank was busy making money and how is that ever good, |
0:49.1 | but we're glad that he's doing that. So today we're going to discuss ways of monetizing |
0:54.0 | opportunities. Many people think that you're in the real estate business just to find that or |
0:59.6 | create that one opportunity that is going to make you money at the right cap rate in order |
1:04.8 | to take it down or the right opportunity to take it down because it fits your buy criteria or |
1:09.7 | you could buy it, but there are actually 27 different ways of monetizing opportunities, no matter |
1:14.9 | where they are on the scale of discount. In fact, you can monetize something that is at value, |
1:19.3 | you can monetize even something that is above its value. There are so many ways of monetizing |
1:24.7 | opportunities. It's bananas. I actually have a class that I teach just on monetizing different |
1:31.7 | leads that are available as they come in that we create. I say create because we work towards an |
1:38.1 | impasse. If you have not listened to our episodes on impasses, please go back. Listen to those, |
1:45.6 | it's crucial. We're not making offers to get a yes. We're actually making offers to get a no, |
1:50.2 | and what we do is called gap compression where we compress the gap between where we are and where |
... |
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