The average real estate agent focuses on the purchase and sale of homes.
They’re often confined to a small market area.
The competition is fierce.
Most of us can name at least a few agents, whether it's a family member or a friend or a soccer mom. The market is saturated.
On the other hand, a friend of mine is a real estate agent but he specializes in land.
He’s not bound to a radius around his own community. He’s in a rare category. He knows something that not many agents know.
He knows land.He’s able to determine if a piece of property has development potential. He can put value to the land. He has a network of buyers. He knows the structure of the deal and what the developer needs which allows him to meet with a property owner and correctly and efficiently guide them all the way through the entire process from beginning to end.
Again, there just aren't many agents that know land and so he just doesn't have a lot of competition. And because he doesn't have to physically be on site for a showing, he is able to put deals together across each state that he is licensed. He is not bound to one city or one market area.
Development land deals tend to come with much higher price tags than an average sale of a home. This means his commission checks are much higher than the typical broker. He’s often in the 6 figures on his commissions.
Because he knows the industry and he knows the buyers, he is able to bring the buyer in. This creates a situation where there is no buyer’s real estate agent attached. That means he’s not splitting the commission.
The average real estate agent makes an average of $60 to $100 grand a year. A broker that knows land can make that with one commission check!
The issue has been that there just hasn't been anything out there to help real estate agents learn how to broker these land deals.
But with our program, Land Listings Unleashed, VestRight gives you everything that you need in order to diversify and give yourself an extra layer of protection against market swings. Not to mention, adding income to your revenue stream is never a bad idea!
If you are a real estate agent or broker and you don't know land or it's a weakness of yours, you need to check out our course. You can do this by watching our video presentation here: https://shrtlnk.co/YCy6d
Posted by Cody Bjugan - VESTRIGHT on Thursday, September 3, 2020
The average real estate agent focuses on the purchase and sale of homes.
They’re often confined to a small market area.
The competition is fierce.
Most of us can name at least a few agents, whether it's a family member or a friend or a soccer mom. The market is saturated.
On the other hand, a friend of mine is a real estate agent but he specializes in land.
He’s not bound to a radius around his own community. He’s in a rare category. He knows something that not many agents know.
He knows land.
He’s able to determine if a piece of property has development potential. He can put value to the land. He has a network of buyers. He knows the structure of the deal and what the developer needs which allows him to meet with a property owner and correctly and efficiently guide them all the way through the entire process from beginning to end.
Again, there just aren't many agents that know land and so he just doesn't have a lot of competition. And because he doesn't have to physically be on site for a showing, he is able to put deals together across each state that he is licensed. He is not bound to one city or one market area.
Development land deals tend to come with much higher price tags than an average sale of a home. This means his commission checks are much higher than the typical broker. He’s often in the 6 figures on his commissions.
Because he knows the industry and he knows the buyers, he is able to bring the buyer in. This creates a situation where there is no buyer’s real estate agent attached. That means he’s not splitting the commission.
The average real estate agent makes an average of $60 to $100 grand a year. A broker that knows land can make that with one commission check!
The issue has been that there just hasn't been anything out there to help real estate agents learn how to broker these land deals.
But with our program, Land Listings Unleashed, VestRight gives you everything that you need in order to diversify and give yourself an extra layer of protection against market swings. Not to mention, adding income to your revenue stream is never a bad idea!
If you are a real estate agent or broker and you don't know land or it's a weakness of yours, you need to check out our course. You can do this by watching our video presentation here.
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