Developing your team to help you get your business off the ground is one of the most important things you can do for your business. Your dream team is going to consist of the people who can help you get your deals closed and sold quickly.
Your dream team needs to include first and foremost a title agent and/or a real estate attorney. This person is going to help to make sure your deals close quickly with a clear title. A real estate attorney can also help you to solve a lot of problems that can arise during a closing, such as a title gliche, a survey problem, or estate and probate problems, just to name a few.
Some of the other people you need to have on your team include a surveyor, a pest control company (for those states that have termite inspections) private or hard money lenders, and an insurance agent. These are all people you need to have in place to help you get your deals closed quickly.
Your ability to close a deal quickly may make or break a deal for you. There have been many times where I was able to work with a seller instead of another investor because I was able to close within days instead of weeks.
Another reason you want to have your dream team in place is because they will work together for you without you having to be involved in any of the headaches of a closing. It is rare that I am even involved in any of the details until the closing date.
You’ll also want to have your dream team in place to help you to sell quickly. The members of this part of your team may include a realtor, a sales person of your choosing, a mortgage broker to get people qualified for you, and a good rehab crew to get your properties ready for sale. Other members of your team may also include wholesale buyers who will purchase properties from you without you having to do any of the rehab. This is a good way to make money quickly in the real estate business.
Once you Have your dream team in place, you will be able to do more deals more quickly and easily than you ever imagined. For more information on building your dream team, visit us at marketingmagiclady.com.