Monday, 26 March 2012

The Art of Conversation in Real Estate Business

Property Investing is a tough business and to excel in it you need lot of patience and hardwork. Talking with potential team members is always difficult and we should keep trying until we achieve it. Practice makes anyone perfect and even the most skilled speaker will get better in the art of conversation.

Lot of people has faced challenges in this area and lots of relationships has been broken. Without knowing to establish an easy relationship, Some speak a lot and share all the unwanted things and wonder why no one deals with them. If you have a bad credit, then obviously you are not the prime candidate for a loan.

It's your job to figure out what you need to establish a strong relationship with the lender. Don't hide facts about yourself. You should also consider how a bank thinks before financing you.
  • Banks lend money only if they feel its safer
  • Banks has lot of procedures and they won't compromise for anything
Banks will always help you to come up with a solution. Even if you already know the solution, you need to seek their help and and be a part of them to come up with a solution. Tell them that you have the idea to get your buyers 100% finance and you want the bank to help you. You need to tell your ideas carefully to the bank and this will only happen after establishing a rapport with the lender.

So, take your time and try to know more about your team members and workout solutions creatively and effectively.

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