Good Morning!
Team, we had another productive day yesterday. We scheduled 5-6 seller appointments for the week. Our investors made around 4-5 offers, and a couple of people want to list. This is just the beginning!
Yesterday we did add some important links to the blog (Click Here to see yesterday’s Blog), a couple of the links we asked that you all click on and request access. One of the links is to our “Hot Buyer” list, no one responded, so I went ahead and reached out to a buyer we added to the list.
Here’s how the conversation went with one of our “Hot Buyers” on 6/13/2016….
Buyer: Hi Matthew, doing well. Yes, I got the deed in the mail on Friday. Thanks for your help. Hope things are well with you too!
Me: Great! Let me know when you're ready for another one, thanks!
Buyer: Always ready for another one! Haven’t seen anything my email though
Me: OK, we'll start looking out once again. Thanks!
Buyer: Thanks, talk to you soon.
Me: OK, can you send over updated Proof of funds when you get a chance? Thanks!!
Buyer: Lets see if there is anything on the market Id be interested in before I start submitting docs. Thanks!
Me: here are two parcels for you to check out. (Click Here) Please let me know what you think. By now, I think that before purchasing, you want to know...
Will it be a warranty deed?
Will there be no liens/assessments at closing?
What are the comps?
What are our fees?
Our office will always charge the $295 fee at closing.
On some deals the seller will make the purchaser pay for the owners policy.
Please let me know if we're missing anything.
We do need to keep update Proof of Funds moving forward. This is because my team has grown, and in some cases you'll be dealing with another agent from our team; we now only work with the buyers that have updated Proof of Funds on file.
We're making a small exception in this case because you have closed two deals with us already, however, I do need to stick to the new policy. We want to work with you, but we will be able to provide an even better service once you have Proof of Funds submitted.
Side note: What are you plans for the land that you're buying? I know of a builder that can market a new build on your land if the land meets his criteria. Let me know if this is something that you'd be interested in. Thanks!
Buyer: Hi Matthew,Please find proof of funds attached to this email. Yes, you’re correct those are the same questions I would ask. As for my plan for the land i currently hold, I am just holding till the market turns up. I would love some more information about the builder and his plans to market a new build on my land. Please let me know if there's anything else you require. Definitely interested in one of the two lots you just sent me, not sure which one as of yet.
Proof of funds are only in the amount of $5,000, however, on bank owned deals the commissions are usually $1000 minimum. We sold him two this year and earned a total commission of $2500! The thing about it, this buyer is ALWAYS looking for vacant land to purchase. We reached out to him because we wanted to set an example for the team.
We have other buyers/sellers that we know of that we WANT to share with you, the thing is, everyone is going to have to check the messages very closely that we’re sending out because we make it a point to include information that will be relevant to learning and earning.
What’s Next?
~Matthew Woods