What is A Real Estate Business Model?

If you are new to real estate, it would help if you had a little bit of context to understand. So here we go. I’m going to show you as a real estate investor, I have primarily three different customers. People who you buy the houses from known as the sellers or people who are contributing capital are called investors. You want to be able to have a system such that there’s a place for everyone to come to see your expertise on display, and then after they get an opportunity to watch you do your thing, you want to take time to follow up with them one-on-one. After you follow up with them, you want to answer their questions, and then allow them to enroll. Now, many people stop right there. And that would be a total big mistake because you have forgotten the number one most important thing to do, which is then get the referral. What you may not realize at this particular moment is that this is your entire business model and funnel, to make it work. Leads without you having to spend tens of thousands of dollars in terms of marketing that you’re doing to build your business completely from scratch.