This national study of real estate investors, completed in January of 2008, was designed to better understand the true real estate investor versus the speculator. This report will define and quantify the market for individual real estate investment and show professionals who can serve this market, the potential revenue that can be derived from successfully serving the true real estate investor.
WHY REAL ESTATE PROFESSIONALS SHOULD READ THIS BOOK
- “In 2006 (after the speculators left), this market bought 1.64 million homes and represented over $300 billion dollars in business
that few professionals are equipped or prepared to serve. This is the first national report that attempts to quantify the size of the
market, examines the logic of the market and discusses ways to participate in this rich and recurring client revenue stream”
- The market for the foreseeable future will be a perfect positive storm for investors: home prices are down, middle market rents are up
and will continue to increase based on under supply in many markets.
- The true real estate investors buys the same type of good quality single family homes in neighborhoods where good renters want to
live – just like your primary home buying clients.
- The true real estate investor buys and sells home regularly, so they represent a steady income stream versus chasing primary buyers
who won’t buy for another six years.
They buy more than one home a year and hold it for an average of five years.
- They are more educated, have more income, are married, and buy homes that fall within conforming loan limits.
They also tend to put more down than regular purchasers, making getting a mortgage easier.
- They trust real estate agents for information which most of them think is reliable, and more than half already use an
agent to assist them in the transaction. However, most agents don’t know how to serve them, to reach them, and have generally
bad information about who they are and how they buy.
- This is a market of abundance: you can sell more than one property to each client, and the more you help them, the more valuable
you are to them.
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