08/18/2021
Real estate investors do three things:
Buy properties
Sell properties
Raising private money for people
You have to choose which direction to go in. In this business the most difficult thing is getting great deals. Since it is the toughest part, it is always best to tell people you buy/sell houses so they have a clear picture of what you do. This could bring about deals or opportunities in the future.
2) Easy to understand
“I buy houses, fix them up, and then sell them.” This is a very easy concept to understand. This makes it easy for someone to identify who you are. Over time if you are networking, when people understand what you do, it easier for them to remember you.
3) Modest Answer
If you are talking to the general public and someone asks what you do, “tell them what you while still keeping it simple”. You do not want to come across as a big shot or it will become difficult to negotiate a deal. Always consider the person you are networking with could be a potential seller or link you to someone they know.
When someone asks, “What do you do for a living?”
You would respond with something like this, “I am in real estate, I have my license but I am mostly on the investment side. So what I do is buy houses, fix them up, and sell them. Sometimes I rent them out too, but I typically sell them.”