Chasing Vacants

Today, a new report has surfaced claiming Homes facing foreclosure more than doubled in the 1st quarter from 2007.

And yesterday, new data was released that shows Homeowner Vacancies are at an all time high at 18.6 million homes.

Now in most cases, homeowners that have vacated a property have given up – they’ve lost the emotional attachment to the home which means you’re already 1 step ahead.

For many of these owners, they’re happy for you to take the deal off your hands.

In some instances, when the owner is still living in the house, they’re still attached emotionally. They’re not thinking logically about what would be the best move for them financially. For those, they’re still thinking about the mark’s little Johnny made on the wall, and about having family functions – you know the memories…

And for many, this blocks them from making the right call.

But for vacants, typically the homeowers are stoked to get your letter or phone call.

One reason I love using direct mail is not just for the fact to get phone calls, it’s also to see which letters come back so I’ll know which deals are vacant. And then, these deals become high on my priority…

Even if the deal is tight or upside down, I can still do a short sale and make the deal work.

So, it’s time to get hip on how to effectively chase the vacant in preforeclosure.

And that’s exactly what I hand you with my Preforeclosure Mastery system – now’s the time to get a systemized approach to take advantage of all the opportunities going on all around you.

Click Here now to learn more

Later

Derek Pierce

Owner Wants Out – Big Deal?

Howdy…

It’s Friday and I’m taking the afternoon off, but first I owe you this week’s Free Question Friday – right?

I received several questions this week, but the one I received this morning made my blood boil…

Here’s the question:

Message: Hi Derick!!! Hope everything is going fine with you!!! My
question is I have a home ownwer who is 1 payment behind has a very
nice home wants to short sale Don’t know what year was purchased but
it was for 55,000 owes 196,000 in a good market would probably bring
this is a guess but I figure around 225,000+ has made alot of up
dates even added on a work shop. 5 beds 2.5 baths is upside down in
his morgage. Do I need comps to make a sensible offer or would you
shoot from the hip? Small town Iowa. I have a network of all cash
Investors Owner wants to sell Now!!! Any help would be
appreciated!!!! Thanks .

Read more

Becoming Immune

Today has been very interesting.

First, I fired a girl and I’ve noticed that I’ve become completely immune to the process.

Call it cold, but it’s part of life and when you do business sometimes you’ve gotta swallow that huge lump in your throat and just do it.

I believe it was the movie Point Break where Swayze’s character Bohdi says “Fear causes hesitation, and hesitation will cause your worst fears to come true.”

And so, once you take that action, whatever it is you fear, the more comfortable you become at the act.

In my case this morning – firing an employee.

Next, I’m at another one of my businesses and one of my employees comes in and says “Derek, tell me how to make $10,673 in 30 days or less…”

Read more

FRUSTRATED- your Free Question Friday

Hola,

Hope you guys are doing well…

A comment appeared on the blog this past week:

“Im just so freakin frustrated…”

For many, they never take any action. Sure, they’ll read a book, grab a course, take a seminar, but for some reason – they never get around to running their first classified ad, never call a realtor to build a relationship, and never even begin to think of starting a direct mail campaign.

Is it fear?

I think so, but I can’t say for sure.

I believe for some, they intend to do well. They mean to get going, but something always comes up today.

And as a result, we put off our intentions for another day, and then another, till we’ve completely lost sight of our vision in the first place.

Then, just maintaining our concentration is a challenge in of itself. Read more

Success Real Estate Radio Show

Howdy

New cool stuff coming to the site here at successrei.com including the New Success Real Estate Radio Show.

I’ll be interviewing some of the movers and shakers in the real estate industry in the new radio show. It will be a podcast that you can download straight to your computer and even subscribe via Itunes

If you’d like to be included or know someone you’d like on the new Radio show, drop me a line here

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