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REI Tech

Let’s Take a ‘Tech Time-Out’

TodayKind of a weird title for a lesson on real estate technology, don’t you think? Well, it probably is. We will be back to techie stuff next week.  But we thought it might be good this week to consider spending some time away from the tech side of real estate investing.

When you really boil it down, real estate investing is a people business. Houses don’t sell themselves. People sell houses. Motivated sellers are people with problems:

  • Divorces
  • Death in the family
  • Job loss
  • Landlord headaches

These are all problems with people, not real estate. Tech is wonderful for locating these situations. But at the end of the day, you have to sit across from someone and find a deal that works for both of you.

When people are hurting, most of them are not interested in the latest iPhone App that values their house.

Take Some Time to Work on Problem-Solving Skills

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