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24 July 2024 | 13 replies
Paintable surfaces, such as walls and ceiling, and the subfloor will get a coat of an oil based odor/stain blocker, such as that made by Kilz or Zinsser.
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24 July 2024 | 6 replies
Here's a list of tasks where ChatGPT can be particularly beneficial:Initial Client Interactions: Use ChatGPT as the first point of contact on websites to answer basic client queries and gather preliminary information.Property Information: Automate responses to common questions about property listings, such as square footage, amenities, and nearby attractions.Appointment Scheduling: ChatGPT can help schedule property viewings or meetings based on the broker's availability.Market Updates: ChatGPT can be programmed to provide recent market statistics, price trends, or news to clients on demand.FAQs: Handle frequently asked questions about the property buying/selling process, brokerage fees, or other standard real estate queries.Document Explanation: Brief explanations of common real estate documents, terms, and jargons, ensuring clients have preliminary understanding before detailed discussions.Lead Qualification: By asking potential clients a series of questions, ChatGPT can help in initial lead qualification, filtering out those who aren't serious or ready to move forward.Feedback Collection: After a property tour or meeting, ChatGPT can gather feedback, which helps in improving services or adjusting property prices.Recommendations: Based on client preferences, ChatGPT can suggest properties from the broker's listings.Follow-ups: Automated reminders or check-ins with potential clients to maintain engagement.Education: Offer brief tutorials or explanations about real estate concepts, market trends, or investment advice.Localization: Provide information about neighborhoods, schools, and local amenities to clients interested in specific areas.Transaction Updates: Keep clients informed about the status of their property transaction, from initial offer to closing.Referrals: Encourage satisfied clients to refer friends and family by sending automated referral requests or reminders.Networking: Introduce and maintain relationships with other brokers, agents, or relevant professionals in an automated yet personable manner.Maintenance Reminders: For brokers also involved in property management, ChatGPT can remind tenants of maintenance schedules or gather feedback post-maintenance.Reviews & Testimonials: Automate the process of collecting reviews and testimonials from satisfied clients for promotional use.Mortgage & Financing Info: Provide preliminary information on mortgage rates, lending institutions, or financing options available.Training: New agents in the brokerage can use ChatGPT for training purposes, asking questions about company policies, sales techniques, or market nuances.Market Analysis Reports: While detailed analysis might require specialized tools, ChatGPT can give general market outlooks based on data provided to it.By leveraging ChatGPT in these areas, brokers can increase efficiency, enhance client engagement, and free up time to focus on relationship-building and closing deals.
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25 July 2024 | 14 replies
For those that don't go by the credit score, can you tell me how your experience has been with using the "resident score" for screening?
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26 July 2024 | 11 replies
Problems are where entrepreneurs make money by mentally reverse engineering the word into OPPORTUNITY at the very beginning.
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24 July 2024 | 11 replies
One efficient way to manage expenses for multiple properties and entities is to utilize accounting software that allows you to track expenses by property or entity.
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25 July 2024 | 14 replies
True off market requires work by driving, street view, calls, mailers or other ways of finding true off market.
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24 July 2024 | 22 replies
Last year when interest rates caused everything to slow, our average price/sqft only went down by 0.004%.
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24 July 2024 | 30 replies
I was a little bit surprised, markets in Florida topped the list by a bit — I'd thought that, lower taxes aside, the huge insurance premiums would drive off would-be investors.Regardless, what makes sense for you is going to be specific to the type of investment strategy you're taking, but you could do much worse than looking at the cities mentioned above.
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24 July 2024 | 7 replies
One of the ways in which I was able to do this was by using the VA loan to the maximum as a tool in my investing toolbelt.
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24 July 2024 | 5 replies
Originally posted by @George Genovezos:Investment Info:Large multi-family (5+ units) buy & hold investment in Wichita Falls.