Mel Feller Looks at Real Estate Jobbing or Bird Dogging
How do I get started in real estate fast???
That is probably one of the most common questions asked by people wanting to begin real estate investing. Another common question is, "How do I find a mentor to work with?" Of course, there is no one perfect answer for everyone. It depends on a number of factors including; money available, goals and current skill level. However, for my money the answer to both questions is bird-dogging or as I call it Real Estate Jobbing.
A Real Estate Jobber is a person who finds qualified leads for professional Investors, through a variety of sources using a systematic process.
Mel feller looks at real estate jobbing or bird dogging
1. Mel FellerLooks at Real Estate Jobbingor Bird Dogging
How doI get startedinreal estate fast???
That is probablyone of the mostcommonquestionsaskedbypeoplewantingtobeginreal estate
investing.Anothercommonquestionis,"How doIfinda mentorto workwith?"Of course, there isno
one perfectanswerforeveryone.Itdependsonanumberof factors including;moneyavailable,goals
and currentskill level. However,formymoneythe answertobothquestionsis bird-doggingoras I call it
Real Estate Jobbing.
A Real Estate Jobberisa personwhofindsqualifiedleadsforprofessional Investors,throughavariety
of sourcesusingasystematicprocess.
WhyReal Estate Jobbing?
You can start in yourspare time.
There iszero financial risk.
There ispracticallyno startup costs.
You do notneedmoneyorcredit.
You can gain handsonexperiencewithoutrisk.
You can findoutif real estate investingisreallyforyou,beforespendinghundredsorthousandson
books,coursesandotherlearningaids.
Your jobissimplytosupplyqualityleadsand itisthe Investor'sjobtohandle the restof the process.
You earnwhile youlearn
For eachleadthat an Investorisable toclose on, youwill be paida referral fee.There are severaltypes
of referral fee arrangementsthatcanbe made including:
A flatrate.
A percentof the purchase price rate.
A netprofitrate.
2. Ratesthat combine more thanone method.
Buildmentorrelationships
There isno doubtthat mentoringisthe mostefficientwaytolearn,butit can be difficulttofinda
mentorto workwith.Do youreallythinkseasonedInvestors have time tomentoreveryone thatasks?
Separate yourself,andbringsomethingof value tothe table.Bysupplyinggood,qualityandqualified
leadsyouare savingyourInvestorstime andhelpingthemtomake money.Now anInvestorwill be
more willingto help.
Start inyour spare time
You can easilystartout as a Jobberinyour spare time.You do nothave to quityour job;in fact, I would
not recommendthat.Youworkfrom home,andyoumay be able to do much of the leadfinding
researchon-line.
Anyone canbecome a Jobber.There are no special qualifications,educationrequirementsorspecialized
experience required.Yourage,gender,race,background,geographyorcurrentoccupationdoesnot
matter.
The skillsyoudevelopwillcarryover.Asyou gainexperience, youwill workcloserandcloserwithyour
Investors,andlearnthe businessfirsthand.Whenyouare readyto take the nextstep,youwill know
howto findprofitable leads.Asan Investor, youmustbe able tofindmotivated sellersthatisone thing
that will neverchange.
What Makes a Successful Jobber?
You mustknowyour Investor'sneeds.Know whattypesof properties,whatprice rangesandwhat
locationstheyare lookingfor,andprefertodeal with.The Investorisyourcustomer,andyoumust give
himor her whattheywant.
The successful Jobberislike areal estate detective.The clientisthe Investor,the case istofind
motivatedsellers,the rewardisthe referral fee andleadsrepresentclues.A gooddetectivewill
investigateasmanycluesas necessarytosolve the case. Likewise, agoodJobberwill generate and
investigateasmanyleadsas necessarytofindthe trulymotivatedsellers.
3. You mustprovide completeinformationtoyourinvestors.Ittakesmuchmore than an addressand
phone numberforan Investortomake a decision.The Jobbergoesthe extramile andusesthe public
recordsand othersourcesto provide asmuch informationaspossible forInvestors.
You mustbe (or learnto be) organized.Jobbersuse asystematicapproachforgeneratingand
qualifyingleads.If youare disorganizeditwill be verydifficulttostayontop of yourbusiness.Anyone
can learnto be organized.
It all boilsdownto providinggood,qualityinformation,whichsavesthe Investortime andhelpsthemto
make money,that'sthe goal of a Real Estate Jobber.If youachieve thisgoal,thenyourInvestorswillbe
more than happyto helpyoulearnthe business,andpayyouverywell foryourefforts.
It isNotEasy
Real Estate Jobbingisa great, riskfree wayto start yourReal Estate Investingcareer.Youearnmoney
while learningthe businessfirsthand. However,itisnotan easygetrich quickprogram.
You will have toputforthsome efforttobe successful.Youwill needtogenerate hundredsof leads,
whichtakessome time andcommitment.Youwill needtolookupthe propertyinformationforeach
leadandpresentthe leadsregularlytoyourInvestors.Youmustbe able to motivate yourself tokeep
findingleads,evenwhenitseems likenone of themare panningout.
Real Estate Investingisnotforeveryone.Jobbingisaninexpensive waytofindoutif itisfor you,before
youspendhundredsorthousandsof dollarsoncourses,booksandothermaterials.Findout whathas
involved firsthand,experience the challengesaswell asthe rewards.
ABOUT MEL FELLER
Mel Feller’sdynamicpresence,instinctive strategicvision,andcreative thinkingproduce effective,
sustainable bottom-lineresultsforhisclients.His“CanDo” attitude generatesconfidence inhis
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4. Mel Fellerhasaunique abilityto relate tohisclientsbecausehe came fromThe UnitedStatesSenate,
where Mel wasthe Chief of Staff fora UnitedStatesSenatorandwas alwaysmeetingwithprominent
businesspeople orpoliticians. Hismainlove wasdealingwithconstituentsthatwere the grassroot
voters! Since foundingCoachingForSuccess360 In 1989, he has effectivelytranslatedthatexperience
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