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Possible New Rules Of The Off Market Real Estate Industry
You’ve had some troubles with the off market real estate industry on the internet for a few past years and it hasn’t gone away.
Some of the same old problems persist where:
- People don’t trust each other
- They don’t know if their seller or buyer is real
- They think that their seller or buyer or client is real and don’t think or know whether the buyer or seller on the other side of the deal is real - so they don’t trust the person that they are dealing with
- There are too many people between the deals - called daisy chains - making it impossible to get in the middle and make a profit in any way possible because information can’t properly get passed from buyer to seller or to exchange information in a way that produces trust and a closed transaction
- There is outright fraudulent documents
- People will cut you out of the deal once they find out who your buyer or seller or client is and bypass you
- There is confusion as to what is legal and in what jurisdiction
Wouldn’t it be nice if there was something that guided these transactions between real estate professionals so that they closed? Like a real solution?
Wouldn’t it be nice if the rules of the off market real estate industry have changed.
Some possible new rules that I propose that came from most of your mouths could be a real solution.
Some of the rules we could follow include:
-Know your client before bringing them to the marketplace
-Build a reputation by getting feedback from your peers specifically about how well you close transactions in a central place for everyone to see
That would be it.
That would solve - probably - all of these problems!
What do you think would solve some possible problems you are facing in the off market real estate industry?
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