Episode 315: Tips for a Successful Neighborhood Geographical Farm

Season #7

Parade of Techniques:

1. A backyard “staging” technique from one of our students for this time of year.

2. One of our students is using a “bot” (BirdDogBot) to get listings.

Ask the Experts:

1. One of our students who is working For Sale By Owners (FSBOs) found one that’s listed at 373K. He did the comps and it should be between 320K and 330K. It’s vacant and the seller lives in Tennessee. He called the seller who is willing to talk to him. However, he just wants a phone conversation. He’s going to get him access to the house, let him walk through it, and then, “Call me from the house”. “So what do I do?”.

2. I’m committing to a neighborhood geographical farm. And I want it to pay off as quickly as possible. I don’t know what to do. What’s your advice?