Where are All the Cash Buyers?
Where are All the Cash Buyers?
Good question. And an even better question if you are a real estate investor with a property to sell.
The truth of the matter is that not every real estate investor knows a bunch of cash buyers who are actively seeking properties to invest in. Knocking on doors and asking people if they want to become a cash buyer may not be the best route either.
This conundrum isn’t new to real estate investors. It’s just gotten a bit tougher in the recent economic climate. As the economic downturn takes its toll on businesses and individuals, purse strings get reined in tighter and tighter. So what does an investor today do to find cash buyers to buy their property/ies?
First off, we are already seeing improvements in the market. According to an October 2012 article published by The Wall Street Journal’s MarketWatch, “New home sales are up 28% from a year ago and new construction is running 35% higher…. most economists expect sales and construction to continue to rise steadily over the next few years.” And that spells good news for not only the general population but also for experienced real estate investors looking to expand their portfolios and budding real estate investors searching for ways to get started on the path to building a profitable portfolio.
It also makes the timing for companies like Real Estate Worldwide, Inc. (REWW), a newcomer to the real estate education companies out there, the perfect storm. While REWW plans to launch on December 12, 2012, the tools and systems it offers are tried-and-true. In fact, CEO Kent Clothier, a successful personal real estate investor, Internet marketer and partner of MemphisInvest.com, developed and utilized the very same tools and systems that REWW is offering to novice and seasoned real estate investors. Additionally, the entire MemphisInvest.com team used them to generate amazing results since 2005. That’s not a typo – it’s true. Since establishing the company in 2005, MemphisInvest.com has bought and sold over 1,500 properties and is tracking to complete 600 properties in 2006 alone – with these tools and systems.
So, to answer our original question of “where are all the cash buyers?” it seems to us that Kent Clothier and Real Estate Worldwide, Inc. hold the keys. For those who can’t wait until next month to learn their secrets for finding cash buyers, they are hosting Intensive events that provide an overview of their tools and systems – including their national cash buyer database. You can learn more about the Intensive and Real Estate Worldwide at www.myreww.com.
Sources:
http://www.marketwatch.com/story/the-us-economy-gets-a-little-homier-2012-10-21?link=sfmw&mod=MKTW_ALL?extlink=dw-openf-original-source