What Is A Bird Dog In Real Estate
Camila Farah
Becoming a bird dog requires zero dollars to start and your job is to find and build a database of real estate investors.
According to investopedia a bird dog is a real estate investing term that refers to someone who spends their time trying to locate properties with substantial investment potential. Well this article will make it easy for you to. A bird dog looks for. Birddogging might be the answer to get you in real estate learning about the business making money right away and see for yourself if it is a business you would like to pursue further.
You don t want to sound stupid so you just don t ask. Be a real estate bird dog. It takes you knowing your market. What is a bird dog for real estate.
The concept behind birddogging is that you use your expertise to locate well priced real estate properties that are for sale from motivated sellers and bring them to the attention of investors wholesalers and rehabbers. A bird dog in real estate is a person who acts as a property scout for an experienced real estate investor. Conclusion a good bird dog is basically an affiliate marketer in a way they take a product cash buyer investor and market the his her services to potential sellers. Many investors are business people who are busy making money.
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This is where you come into play. You could mention the area within which they would work on locating properties. This is a person or in some cases a company who locates investment property for investors. A bird dog looks for motivated sellers or undervalued properties intending to pass the deal on to a real estate investor in exchange for a percentage or fee.
What is a real estate bird dog. The bird dog hunts for and identifies distressed and underpriced properties that have. With your real estate database built you will then generate leads of buyers and sellers and sell the leads to your database. By doing these they can enjoy an ease of entry into a very profitable industry of real estate investing.
These leads can be sold for anywhere between 20 100 per lead and more if the leads close. Bird dogging in the real estate industry can also refer to individuals who spent most of their professional efforts in pinpointing significantly under priced properties that have the potential to bring a good and steady income. So your contract with a bird dog seller should include the scope of their work. What does it take to become a bird dog.
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Why would investors pay for a service like this.Source : pinterest.com