UPDATE: Trace Trajano has moved on, and so have we.
I was able to listen to the free webinar of Trace Trajano where he talked about how to successfully sell houses fast. At first there were some technical issues with the software or system that they were using, but Trace and Bo Sanchez soon got things going.
The first tip that Trace gave was: Find a buyer first.
Usually, when you talk about real estate investing for beginners, people will conjure up images of dozens of flyers listing several properties. You usually see all these flyers stuck behind your car’s windshield wipers, or you bump into several people in the malls, each one thrusting their stapled flyers into your hands.
In other words, the usual case is: Here’s a house or a condo, now go find a buyer. Well, that’s what I’ve often seen, right?
So when I listened to Trace’s free webinar where right off the bat he gives the tip about finding a buyer first, it made me sit up and notice. It made me say hey, I like the way this guy thinks!
Several friends have wondered whether Trace’s tactics are applicable in the Philippines setting. He usually acquires houses (with no money down), sells them fast, then earns a nice bundle in the process. In the Philippines, however, how quickly can you sell real estate?
Yes, I know it sounds quite improbable. Yet there are some Filipinos who are trying out the mentoring and partnership program of Mr. Trajano. Some people are even in the middle of a P50 million deal. Will these promising deals turn into success stories? We should know soon enough, given Trace’s rule about selling houses fast. As in, really fast.