DiscoverThe Agent Mind PodcastFinding and Converting Investor Leads
Finding and Converting Investor Leads

Finding and Converting Investor Leads

Update: 2024-01-23
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To learn more about coaching and/or partnering with us, email TJ at tjmcgraw@theagentmind.com


 


Title: "The Agent Mind Podcast - Episode: Working with Investors"


Introduction:


- Hosts: TJ McGraw and co-host James Dickey


- Topic: Working with Investors in Real Estate


- Highlighting the opportunities in working with investors who consistently buy multiple homes each year.


- This episode is part 1 of 2  


 


Key Points:



  1. The Opportunity with Investors:


   - Investors are always buying and selling if there's a good deal, regardless of market conditions.


   - Miscommunication and misunderstanding can lead to challenges in working with investors.


 



  1. Understanding Investor Mindset:


   - Investors approach real estate transactions as business deals, lacking emotional attachment.


   - Emphasizing the importance of bringing unique value to investors compared to traditional homebuyers.


 



  1. Finding Investors:


   - Ways to encounter investors: through leads, prospecting, online interactions, real estate investor meetups, and conversations with your sphere.


   - Building relationships and educating potential investors within your network.


 



  1. Differences in Working with Investors:


   - Investors are focused on financial returns and often have specific criteria (buy box).


   - Highlighting the need for agents to understand and adapt to the investor mindset.


 



  1. Handling Commission Conversations:


   - Negotiating commission by showcasing the unique value agents bring to the table.


   - Tailoring commission cuts for repeat clients who engage in multiple deals.


 



  1. Dealing with Investors Working with Others:


   - Acknowledging that investors might work with multiple agents or even source deals independently.


   - Emphasizing the importance of maintaining a positive mindset and continuing to provide value.


 



  1. Agents as Investors:


   - Discussing the benefits of real estate agents becoming investors, including enhanced credibility and insights into investor needs.


   - Encouraging agents to invest in real estate for wealth-building opportunities.


 


Conclusion:


- Teasing upcoming episodes with an agent who has experience in both real estate and investing.


- Encouraging listeners to submit questions for the upcoming guest via email or the Agent Mind Facebook group.

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Finding and Converting Investor Leads

Finding and Converting Investor Leads

TJ McGraw