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Updated over 7 years ago on . Most recent reply

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30
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6
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David Blue
  • Investor
  • Framingham, MA
6
Votes |
30
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How do I capitalize on my brokers license

David Blue
  • Investor
  • Framingham, MA
Posted
I currently am an independent licensed RE broker in NY, MA and RI. Any ideas on how I can use my license to work with interested out of state clients? With the wealth of online out of state data readily available to buyers how can I promote myself as the go between to examine/survey out of state properties of interest, conduct the deal as the buyers broker while acting as a discount broker for out of state buyers? How would I market myself?

Most Popular Reply

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101
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74
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John Dirgo Deweese
  • Real Estate Broker
  • Aberdeen, WA
74
Votes |
101
Posts
John Dirgo Deweese
  • Real Estate Broker
  • Aberdeen, WA
Replied

Why would you want to market yourself as a "discount broker for out-of-state buyers"?  The buyer's aren't paying your commission. 

As for promoting yourself to potential investor buyers, it seems like you need a little focus.  You're licensed in three states - two of them pretty large and diverse (I know almost nothing about RI - sorry).  Are you trying to promote your services in Buffalo or Manhattan?  Boston or Cape Cod?  It seems a bit scattered.  

Which areas offer the best potential returns for people wanting to employ a BRRR strategy? Which communities currently have the right numbers for simple positive-cash-flow buy-and-hold investment? Identify the areas with good potential, become knowledgeable on those areas and promote them. As you are out sharing your knowledge and expertise, the investor/buyers will find you.

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