A niche market is a subset of the market on which a specific product is focused. The specific product features are aimed at satisfying a specific market need, as well as a demographic that is intended to impact. In residential real estate, the specific product feature is usually a short sale. Most clients are in distress situations and need to settle a debt. So the market need is addressed through the disposition of property. Short sales have advantages to the buyer and seller. The seller is advantaged by releasing all liens and debt associated with the mortgage. However, the seller cannot benefit financially in the sale of their property. The seller will receive a deficiency waiver which will release them from any..
Profitable deals and inventory can be found in any county, city, neighborhood or zip code. This is possible because these seven niches occur on a consistent basis EVERYWHERE in the United States. Properly identifying people who are experiencing these life changes creates a constant stream of inventory. At the same time, it provides opportunities to capitalize on the needs of the market. This system of off market lead generation was developed in the state of Florida. This state has a unique set of characteristics that make it perfect for this system. It takes banks longer to foreclose on properties in Florida due to its lien theory status which allows more time to negotiate. Defects can also be more prominent due to the warm..
Finding properties with defects is one of the three essential elements of profitable lead generation. Home defects are damage, imperfections or faults due to the neglect, poor workmanship or normal wear and tear. Homes with defects are opportunities to drive the appraisal price down and setup the justification to purchase the property below list or market value. ..
Love Your Mortgage ExperienceDaniel White Loan Originatoror NMLS #1590440 150 N. Orange Ave. #300 Orlando, FL 32801 Phone :407.480.1059 Email : DWhite@envoymortgage.com
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I am the Founder and President of Eureka Realty. I innovated and created the “7D” Lead Generation Theory that allows my clients to identify and acquire high profit residential real estate that is more difficult to find in today’s market. I am a result oriented strategic sales and marketing professional with proven results in income generation, financial analysis and problem solving. I am committed to helping you generate and preserve wealth by participation in the dream of home ownership. My goal is accomplished by providing sound real estate advice and offering access to quality & creative housing programs.