| Doesn’t it seem like computers are taking over everything? And a lot of people are losing jobs because of it. Accountants, receptionists, doctors, security guards… all being taken over by artificial intelligence. I just read an article the other day that even taxis and uber will be taken over by self-driving cars soon. And us real estate investors have targets on our backs too. I-buyers have had their ups and downs lately, but don’t think for a second that they won’t figure out a way to profitably penetrate our domain making real flesh and blood investors obsolete. Some investors are trying to protect their livelihood by building huge teams and scaling up to hundreds of houses per year. But in the long run, they are going to be just as vulnerable to I-buyers as the small guys. But there is one area of real estate that they haven’t been able to crack. And I honestly don’t think they ever will. Probate. Focusing on quality over quantity not only means fewer worries and headaches, but it also means long-term profitability. Probate is the market that requires good old fashion conversations between a buyer and a seller. No computer program can replicate the human relationships that probate requires. Conversations allow a seller to share the problems they are experiencing and in return, you get to put your thinking cap on and troubleshoot those problems… in other words bring resolutions and closure with the expertise developed as a probate expert. The world seems to be moving at the speed of light and whether it is I-buyers, hedge funds, or whatever crazy technology that’s around the corner, somebody will always be coming after us “little guys” trying to squeeze us out. And if you’re doing 200 houses a year, keep an eye over your shoulder, because they’re coming for you too. Finding the right niche to dive deep into is your surest path to not only survival but really huge success. Committed to your success, Ernie “Fighting A.I.” Vargas | The Probate Fox |
March 21
How to Become Immune to the Hated I-Buyers
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