Business

How Real Estate Agents Can Attract More Investor Clients

When you are selling to a standard homeowner, you need to understand the psychology, the buying process, the needs and wants of the consumer. But when you are selling to an investor, the case is different. In that case, how can you attract more of the investor client in an industry like real estate?

Let’s find out. You can also go through https://www.realtrends.com/blog/how-real-estate-agents-can-attract-more-real-estate-investor-clients

Real Estate Investors offers repeat business

National Association of Realtors in a report said that an average homeowner lives in their house for about 15 years. And then they tend to move out. The same report also said that about 18% of the owners would never move out.

Meanwhile, an average real estate investor will buy an average of 2-12 homes in a year, depending on their success in the market. So if you get only a few investor clients, you can get more income than your consumer clients combined.

Expedited deals

The behaviour of investors is different than that of an average home buyer. Homebuyers have to think about mortgages, whereas investors make cash offers. If they are securing financing, they are typically well-versed and have several financing mediums like private partnerships, private moneylenders and crowd funders. Investors are eager to expedite a deal once they find that the investment is valuable.

So how can you attract and then retain more of your investor clients? Let’s find out.

Attract and Retain more Investors

1.     Take advantage of social media

There are over 2.77 bn people across the major social media platforms, according to a report by Statista. You can start by establishing the social media presence of your business. Then you can join some of the real estate investment groups on these social media channels, especially Facebook. It is a great way to pitch your business proposals to willing clients.

2.   Become an authority

This might take some time to achieve, but this is the best way to position yourself as an expert and attract more and more real estate investors. Start by creating a blog to reflect your thoughts about the real estate market, investment trends, and other related topics. It takes less than USD 50 to start a blog on WordPress or Blogger and start your journey to become a real estate investment authority.

What should you do differently when your clients are investors?

Some things you can do differently when you are dealing with investors as clients are-

  1. Know the Basics
  2. Speed
  3. Assess the Clients
  4. Understand the Math

Merchant Services Satisfaction Among Small Businesses

J.D. Power has recently introduced the results of this year’s study called “Merchant Services Satisfaction.” If you’re interested in how much small businesses are satisfied with bank banks and alternative merchant services companies, you’re at the right place. 

Merchant Services Companies & Big Banks

According to the mentioned study, the large U.S. banks are the current leaders in providing the best overall customer experience for both eCommerce and brick-and-mortar small businesses. As for PayPal, Square, and others, they’re playing a crucial role in their field. 

Based on the research results, 27% of small business owners are willing to change their current merchant services provider within the upcoming 12 months. eCommerce merchants show the highest overall satisfaction with their current provider among others. 

What about you? Are you on the lookout for a reliable and experienced merchant services provider in the U.S? This will be of no challenge if you turn to a respectable provider comparison specialist that can help you choose the right one from among the merchant services companies operating in the country. 

Work with a comparison expert that’s concentrated on terms, complaints, and integration, as well as guarantees the most reliable reviews of companies. By the way, there’re payment processor comparison experts that offer free consultation and advice.

What About Other Studies?

Mercator Advisory Group’s study has revealed that 43% of small businesses go for online loan providers because of the easier application as compared to banks or credit unions. 32% of small businesses that prefer online loan providers find this type of financing faster as compared to other lending options. 

For more than 50% of small businesses, it’s “very” or “extremely” important to have access to funds as soon as customers pay. This is also true of 79.5% of companies generating at least 60% of their revenues online.

So, banks are still playing a leading role for small business owners when it comes to the best overall customer experience delivered for both eCommerce and brick-and-mortar small businesses. Alternative online lenders are also gaining more and more traction among merchants, especially among those who don’t qualify for a loan or other merchant services from a bank or other traditional provider. 

Author Bio:Payment industry guru Taylor Cole is a passionate payments expert who understands the complex world of merchant accounts and retail merchant services companies. He also writes non-fiction, on subjects ranging from personal finance to stocks to cryptopay. He enjoys eating pie in his backyard porch, as should all right thinking people.