The real estate industry is undergoing a quiet revolution of it’s own these days and the traditional ways of realtor training are not going to be enough to make a living in the future. To those interested in selling property as a profession, take a look around. Foreclosures are still forcing families out of their houses in droves. These people are renters now and, with tougher lending regulations, are not going to be returning to the buyer’s market soon. Let’s see…more houses on the market but fewer people buying. Sounds like a glut to us and that’s not good for anyone…is it?
Here’s a great little mortgage education tip. The best silent partner of all in the deal is the one who doesn’t even know he is participating. This describes the role of banks when you invest in income properties according to the profitable strategy employed by Jason Hartman and Platinum Properties Investor Network. To be honest, yes, the bank is aware that they have agreed to loan you money to purchase an income property. They are aware of that.
It’s not tough to sell properties during an up market. The average real estate professional could simply show up and make money when everything is going gonzo and, if the market was like this all the time, you might never need an agent certification like AIPIS. But the market gods are not always smiling on your, are they? We’ll take your silence as a resounding “No!” Especially if you’re trying to scratch out a living in barely breathing areas like California or Florida right now.
Most real estate courses cover the basics necessary to earn a license and not much else. You’ll know how to fill out paperwork. Function as a buyer, seller, or transaction agent. Navigate the MLS listings. Stage a property. Maybe market to clients. But there’s something missing. What the heck are you supposed to do when the kids need braces, the bills are due, and nobody is buying houses in your local market?
Established realtors with name recognition in the local market might not immediately see the need for certification programs like the Accredited Income Property Investment Specialist (AIPIS). This kind of thinking will cost them money and, at the same time, allow new realtors, the ones who grasp the earning potential of the AIPIS strategy, to leapfrog to the front of the line. Keep in mind that AIPIS is not required to practice real estate but it should be required to for realtors who plan to practice profitable real estate.
Internet marketers love to talk about the concept of “scalability” in regard to sizing a successful online business up to any level they want. It just so happens that this is a very good idea and is completely transferable to realtors seeking to develop relationships with potential clients, especially when it comes to income property investing.