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Posted over 9 years ago

How does Forced Networking help you Flip Homes?

How does "forced networking" help you flip properties

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I have people ask me all the time, “What is ‘forced’ networking and how exactly does it help me flip properties in the my area?”
Forced networking is for everyone. Originally we started doing this at our local REIA to get the wall flowers of the group. Those people who are uncomfortable walking up to someone and saying, “Hi, my name is ……………….. and I’m a new investor and I want to meet…” I wanted to give those folks a way to get business cards from people so they could call them up later and meet with them. But, it’s turned out to be one of the favorite sections of our meetings. For the wall flowers and everyone else as well! During our forced networking section, we bring different groups of people to the front of the room…for example, “Can all the wholesalers come up to the front of the room…now, everyone who wants someone else to find them deals, come up and exchange business cards, don’t talk for 5 minutes, exchange business cards and move to the next person…” This is the fastest form of speed networking that you will find. We don’t give you 5 minutes, we give you 5 seconds to exchange business cards so that you can connect with the people you want to after the meeting in a one on one setting. Wholesalers love it because they are able to increase their buyers list quickly. Rehabbers/Flippers love it because they get a whole new group of people looking for properties for them. Realtors and lenders love it because they get a whole new group of people that they can connect with where real estate is concerned. And, you know what happens when you connect an entire group of people focused on flipping properties in some form or another? Deals get done! So, forced networking most definitely helps you to flip properties. We begin with a coaching session, then we go to regular networking, then forced networking, then speakers for education. If used properly, your local REIA meetings will help you build your power team and help you make connections, business partners and friends that you will work with the rest of your life!



Comments (2)

  1. This is genius!  I'm one of those wall flowers and this would definitely get me involved!  Booking marking for future reference, thanks!


    1. You bet.  There are some awesome sites out there to help you "Brand" yourself and your business.  Get started with that and that way when you attend a meeting you have a business card to hand out, with your logo and business name.  Those contacts are very important.  Set up a list of everyone you meet into categories of how they could help or will benefit your business…. ex: buyers, sellers, wholesalers, marketers etc