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106: Effective Screening Techniques: How to Find the Right Buyers and Renters
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Welcome again to the Property Prophets Podcast. In our latest episode, we're diving deep into the art of showing properties, whether you're a retail agent, landlord, or wholesaler. I'll share practical tips that have worked for us, and may serve as a helpful framework for you, whether you're new to the game or an experienced pro.
For Wholesalers: Got a property under contract? Make sure you ask for proof of funds or funding before showing it. It's crucial to ensure your potential buyers can actually perform. Don't waste your time on those who can't provide at least a letter from their lender.
For Landlords: When you're looking to rent out your property, screening potential tenants is key. Ask for a picture of their ID and ensure they meet your criteria before setting up a showing. Our criteria include making three times the rent per month and having no prior evictions.
For Realtors: Before showing a listing, always ask if the clients have been pre-qualified. This simple step ensures you’re not wasting time on those who can't actually afford the property.
In this episode, I'll break down these strategies in detail, sharing what works, what doesn't, and how you can streamline your property showings to save time and energy. Don't miss out on these valuable insights that could help you close more deals and secure better tenants.
Tune in now to catch the full episode and transform the way you handle property showings!
We're available on all major podcast platforms.
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