You are not the only one hunting.
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| For some reason, many buyers come into town believing they are the only hunters roaming the city. They are shocked to discover bullets are flying eveywhere and 140 properteies get bagged every single day. Every day. On the weekends, they pull up to a house and there is another agent with a client just leaving or waiting to see the property. |
We will not take you hunting without proof of funds.
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| No exceptions. We don't care if you are the Dali Lama with a Black American Express card. Your hunting trip will be cancelled if you don't show up with ammunition. 2 of the properties we visit while hunting will be gone by the time you have dinner. We will be putting in offers that evening if you are serious about getting a property. |
Wrap your mind around these numbers.
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| 140 properties in Las Vegas are purchased every day. Half of those were buyers like you. 140 buyers a day are putting money down to purchase a property. If the property you are looking at is in "A" condition, it already has several offers on it. |
Take notes and rate properties as we go along.
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| We will give you more tips on rating properties when we go out in the field. Your notes are an integral process of remembering which properties you want to bag. Keep in mind that one of the properties you visit will be gone by the time you have dinner. |
We will be starting early. NO EXCEPTIONS.
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| It gets seriously hot in the summer. We do not take pleasure in watching you collapse in the heat. Most people go into a coma by 3pm in August. Trying to think clearly in house that's 115 degrees is extremely difficult. Hunting in the evening is useless as 90% of the properties don't have electricity. We start early because we have to not because we want to torture you. |
Don't fall in love with a property.
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| You will bid on at least 6 properties because the chances of you getting the one you are in love with is not very good. If you fell in love with a property, this means 20 other people also fell in love with it. There will be 20 other people stepping all over themselves to get it. Unless you pay 20% over list, you will not be guaranteed to get the property. |
If you are a number cruncher and need to spreadsheet this stuff, bring your laptop.
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| Nearly every hotel and coffee shop in Las Vegas has free wireless. If you really need to crunch more numbers than the ones we have provided, you need to get on it while you are in Vegas. For every day you need to think about it, you lose an opportunity to make an offer. This means that by the end of one week, every property we showed you will be gone. |
There is a major element of luck in getting a property.
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| There are so many variables in choosing and getting a property, that there is no way for to predict which property you will get. For example, you may be the third highest bidder on a property and still get it because the top 2 bidders went MIA. Many buyers are shocked that they bid 20% over list on their favorite property and didn't get it. Listing agents don't tell us who or what the highest bidder is simply because they are not the decision makers AND it's illegal for them to tell us. You will be blasting a shotgun into the tree - something will fall out. |