Make $450 from Homes that sell in your area!
 

OK....I got one of my "Hot-Flashes" and I'll share it here;

I've been "Ranking Videos" for service businesses and happened to make a "2 min Home Tour" type Video for a neighbor free of charge. (I used PhotoStory3)

I gave it to the RE Agent selling the house and she was OVER-whelmed! She LOVED it and asked if I could do videos for some of her listings and...what would I charge for each?

Well....I know that RE Agents do NOT like to spend much money UP-front... advertising etc. because if the house doesn't sell...they are out the Up-Front expenses.

I found I could get $150 per Home Tour Video in MY area (avg home now sells for $180,000)

So....the RE charge in my area is 6%. The selling and listing office split this so each gets 3%. An Agent in the selling office gets 1.5% and the Listing Agent in the Listing Office gets 1.5%

However....if the Selling Agent also listed the house...he/she get 3%. So, let's say an Agent sells a house and did not list it. They get $3,000 comm. If the selling agent also listed it...they get $6,000.

So...knowing this I determined that I would "like" to get $500 for each of my Home Tour Videos.....but, knowing I could NOT get $500 UP-Front for my Videos....I thought, "Hey! Why not break my Video Fee into thirds, collecting 1/3 in front and 2/3 when the property sells?

So...on the "average" house, I'd charge $150 initially and another $300 when the property sells for a total of $450 (On larger, pricier properties I'd increase my Video Fees.)

So...I tried this on an Agent today and she responded with; "SOUNDS GOOD TO ME! LET'S DO IT!"

Granted....if the house doesn't sell....I only collected $150 for my efforts. The Agent had to write-off the $150. BUT....if the house sells...I get $450 for each sale.

Now...in an area like Aspen, CO houses sell for a Millyun or more. You'd have to adjust accordingly. So...I'm gonna see how this fits with other RE Agents in my area and....put one of my sales people on the project.

Thus....I took a "problem" (Not getting enough money for my videos)....took a different look at it and came up with a Solution that EVERYONE is happy with; The RE Agent is happy because he/she only pays 1/3 up front...and I am happy because I can now....GET THE JOBS....get paid an initial fee and larger fee when property sells.

Granted....some properties won't sell and I'll only collect $150 but hey.... there's a CHANCE I can collect what I'D like for my efforts.

So....you folks out there "wondering and worrying" about where your next buck is coming from....give this one a go.

I do NOT take the photos! The Agents send me the JPEGS. I pop them into PS3....and email them over. I have taken photos with my digital but it takes too much of my time. I let the Agents send them to me.

And...PS3 makes GREAT "Home Tour" videos with it's "Scanning" and Zooming features. You do NOT need "Animoto" or any expensive video program.

Anyway....I thought I'd share this here. My best to you,

Don Alm

Re: Make $450 from Homes that sell in your area!
 

WOW! I provide FREE Info on a Unique, NEW, way that almost anyone can make some "serious" money providing "Video Home Tours" to RE Agents and No Response?????????

Maybe because you don't understand what's involved here and why THIS is "Revolutionary"....so I will try and explain;

"VIDEO HOME TOURS"....Sell Homes! THAT is a Proven Fact! and every RE Agent KNOWS it!

A "Video Home Tour" is simply 8 to 12 Photos of the Outside and Inside of a Home....made into a Video (I use PS3 because it makes it to look more like a Video rather than a "Slide" presentation)

When I first did this, I went to a realtor website....clicked on "Agents" and found one who had 15 Homes for sale WITH 10 to 15 PHOTOS of the Homes she had listed. I just "Right-Clicked" on the photos of 1 home....did a "Save As" of each photo and put the photos into a folder on my puter.

I then brought up PS3 and uploaded the photos (jpegs) to PS3 and started a "New Video" starting with outside photos, then inside in line. I used some of PS3s "Scanning & Zooming" on each photo and...used different Transitions to go from 1 photo to the next.

In MY opinion....MY videos with PS3 look almost as good as any Animoto presentation....and Mine is FREE!

I then added a Music background....put a photo of the Listing Agent on the last page, along with her Contact Info (and Mine)...then "burned it to a DVD"

I had already purchased a "Portable DVD Player" from WallyWorld ($89 RCA) Put the DVD into the DVD Player, phoned the Agent and told her I have a way for her to sell her Listings....FAST, and...would she have a "quick minute" for me to Show her?

She agreed. I went over...plunked down my Portable DVD Player on her desk, clicked "Run" and on the screen pops up the House SHE IS TRYING TO SELL!

When it ends she says, "Hey! That looks Great! How much?" I switch the ON button and say, as the Video of HER Listing is runnig again...."$150 in front and $300 WHEN the house sells!"

She pauses...looks down at some papers on her desk....writes down something on a blank pad...looks up and says, "$450 for the Video?"

I....calmly respond with, "Yup! BUT...only $150 initially! The remaing $300 is AFTER the home sells! And...if the home doesn't sell....you don't owe a dime!

She responds with, "I've always wanted to use "Video Home Tours" but they've always been too expensive for me...when I didn't know if I could sell the Listing! If I didn't sell it, I'd be OUT that cash!...so, I've never used these.

YOUR program allows me to make a "small investment" in trying to sell the property and....if I don't sell it, I owe nothing and if it sells, I owe $300?"

"Hey! If I sell the property I have my commission coming in where I can NOW afford to PAY for the Video."

"Sign me up!"

So....I know of NO other "Video-Ographer" or ANYONE offering THIS kind of program to RE Agents.

So....apparently you folks here on SowPub do NOT think this is "Earth-Shattering"! But it is!

I thought I'd let the members here, in on this First...since this is the 1st Forum I participated in when they started waay baack in "OO-OO-O"

Anyway....thanks for your time

Don Alm

Re: Make $450 from Homes that sell in your area!
 

Thanks Don,

We need ideas (like these) nowadays! People need other ways (and new ways) to make moolah... To get them back on their feet. So I'm thankful to you for sharing it!

It also shows a great sales idea - people of course are more willing to pay you when it's less risk to them - as you've shown...

Best wishes!

Dien

Re: Make $450 from Homes that sell in your area!
 

Hey Don,

Thanks again for sharing this idea!

The fact is, when a RE agent sells a home, they get a big fat commission... And if they only have to pay for services afterwards - after the house sells - it reduces their risk! So, it's a great "risk reversal" strategy...

It's "win/win" for the agent too - since, as you say, a video could help attract more buyers... which means it could sell quicker, more easily, and/or for a higher price (if there are negotiations)...

I think you could be on to something here...

Best wishes!

Dien

Re: Make $450 from Homes that sell in your area!
 

Thanks Dan! Interesting strategy for upfront money PLUS a nice chunk of 'commission' on the back of the sale ... Limits risk for agents a bit ...

Re: Make $450 from Homes that sell in your area!
 

Hi Don,
LindaC here.

Thank you, once again for a great money making
Idea.

At this time i'm working on your Thumbnail idea.

But, I'm going to give this a try also.

Once again your post are a pleasure to read. You are
truely an entrepreneur...

My Best 2 U,
LindaC
.

Re: Make $450 from Homes that sell in your area!
 

Maybe I'm missing something here this isn't a new idea they have videos of all homes on realtor web sites that I've seen at least in Chicago. Appreciate the contribution though.

Re: Make $450 from Homes that sell in your area!
 

Maybe in Chi-Town EVERY home Listing has a Video Home Tour, but in the Smaller Towns....nada!!

And....when a Listing Agent receives a Link to a Video on your YT Channel, telling them YOU have created a "Video Home Tour" for them...curiosity gets the cat!

Also...I place "watermarks" on the initial Videos and remove them when the Agent pays the initial fee.

And....for some "strange" reason....when I Googled "Homes For Sale In Winnetka IL"....(an affluent suburb of Chgo)....I could NOT find ONE Video Home Tour.

Now...to give some more details on how to create a "Home Tour Videos", take a look at this Listing;

http://www.callmargaret.com/property...ette-Il-60091/

I simply Right Click on the photos the Agent has....put them into a folder on my pc, upload the photos to PS3, create a Video (I use Transitions and Zoom in & Out), add some music...upload to YT Channel then send Link to Agent.

Note: I have looked at MANY home listings by RE Agents on the North Shore and have NOT found UNO Home Tour Video!

Maybe YOU can find one. And if you do, please post the Link here.

Don Alm

Actually....by placing YOUR Name at the bottom of the Contact Page for the Agent....YOU can pick up other Agents as clients for your Video Home Tours.

Here's a value added bonus you can offer 'em (+ it only costs you $8)...
 

You can offer them a separate website for the listing, INCLUDING a unique domain name!! In this case... 1918WilmetteAvenueB.com

Site costs nothing (with standard shared hosting plan -- Hostgator), and domain name costs around $8.

Has a HUGE perceived value!!

-- TW

Re: Here's one I did for my Mom & stepdad.
 

http://1473algomaspurrd.com
Their trying to sell it their self so I did a one page site. They just advertise it on craigslist.

Jason

Re: Make $450 from Homes that sell in your area!
 

Ya....looks good Jason however, you can take those same photos and make a "moving" Video with BackGround Music that increases the "emotion" of potential Buyers.

I don't have time now but I will post an example later.

And...re: using the Address of the House for Sale as a Domain, I first discovered 2 women doing this for realtors in the SanFrancisco area waay back in 1990 however....they were only charging $150 for each one they did AND...this fee included a 6" by 3ft sign (with the domain on it) that hung below the regular For Sale Sign in front of the property.

Nowadays....you could get the "Address Domain", set up a website with a Video Home Tour and get $150 initial and another $300 when it sells.

Don Alm

Re: Make $450 from Homes that sell in your area!
 

I did a video you have to click the Video tour link below the large photo.

Jason

Re: Make $450 from Homes that sell in your area!
 

Yup....I missed the link the 1st time.

Looks Great! This looks like a PhotoStory production. Is it?

Thanks,
Don Alm

Jason -- Question is... Did it sell?!?!
 

Not too many people watched the video (5 since 2009 -- then recently, that tripled based on *US* (sowpubbers) watching it!!)

So... we all wanna know -- did it sell??

Looks like a great house -- lots of curb appeal!!

-- TW

Re: Make $450 from Homes that sell in your area!
 

They tried to sell it at $450,000 a few years ago and it didn't sell. So it's been a rental for the last two years. Now they want to try and sell it again at a much lower price, and the market is better now. So no it hasn't sold yet.

Thanks,
Jason

Re: Here's one I did for my Mom & stepdad.
 

Hi Jason,

Thanks for sharing that! That website and video are a great example of what you can do...

(Looks like a nice place, too!)

Best wishes,

Dien

And so Many other Ways of {Developing} this Idea into Numerous different Concepts!...
 

And so Many other Ways of {Developing} this Idea into Numerous different Concepts, business models besides Video services, Web Hosting and Multiple other Passive type Income Opportunities and Revenue streams... ;)

Get more listings by giving your clients a custom website for their property. Real Estate by Address gives you, the real estate agent, a listing tool, a selling tool, ...

Just One [Quick] pick for the Moment... :)
http://www.realestatebyaddress.com/
http://www.realestatebyaddress.com/categories/

All the best,
Phil

Re: Make $450 from Homes that sell in your area!
 

Hi SowPub members,
LindaC here.


So, is anyone trying /doing this latest
business model Don has freely given
to all SowPub members?

Would greatly appreciate your
thoughts/comments.

My Best 2 U,
LindaC

Re: Make $450 from Homes that sell in your area!
 

:eek:

It's FEDERAL LAW (in the US) that PROHIBITS 'Kick Backs' or Bonuses paid to a 'third party' for Real Estate Sales / closings.

http://portal.hud.gov/hudportal/HUD?...h/res/sc2secti

So, it would be ILLEGAL to charge a Real Estate Agent a fee AFTER the Sale has been made...

So Be VERY CAREFUL when dealing with Real Estate Agents to provide lead gen, and other fee based services to them.

ALWAYS check with a Lawyer FIRST before seeking 'performance based bonuses' on your lead gen services.

Hope this Helps!

:D

Become A Commercial Real Estate Property Scout (aka Bird Dogging : A Bird Dog 101)!!
 

Guess we're all in [BIG] trouble now! ... :D

No way...

All kinds of Ways to {Twist} this into Endless opportunities...

$500. referrals and much, much, more! Coming in regularly and a Whole lot more... :cool:

Quickly inform the GOV'T! ...

Bird Dog real estate brokering... ;)
https://www.google.com/search?q=Bird...ox-a&gws_rd=cr
https://www.google.com/search?q=bird...ox-a&gws_rd=cr

Quick info...
How to Become A Commercial Real Estate Property Scout (aka Bird Dogging : A Bird Dog 101)
http://www.squidoo.com/how-to-become...property-scout

Shhhh! ...

Anyone paying realtors to bird dog? - BiggerPockets...

[Re-Workable] into All Kinds of Monies for some Nice Revenue Sharing! ... :)
http://www.atintegrated.net/realesta...9/article.aspx
http://therealestatebirddog.com/
https://www.google.com/search?q=Anyo...ox-a&gws_rd=cr

All the best,
Phil

Re: Make $450 from Homes that sell in your area!
 

Actually, providing a service to a RE agent and waiting until closing to be paid is a common practice. No problem, as you are not being paid for 'bringing buyer and seller together'.

Jason-3 Proven Suggestions to Sell Your House Quick
 

Thanks Jason,

I consult with #1 realtors, brokers and investors.

Photos and video that look like MORE WORK for the buyer - will not sell the
house. (I'll explain what MORE WORK means)

#1 - You don't have a Headline

#2 - People in the real estate market today want to think they are getting a
good DEAL.

So you must must must have a "Reason Why Headline" in Your Ad

I've sold houses with headlines that read:

Just Married Have to Sell my House
Fast Cuz We're Paying 2 Mortgages

Got a couple 100 phone calls and sold

--------------------
Or

"RETIRING and moving to FL

--------------------
Or

"Got Transferred to CA for new job
Must Sell This House Fast
because my Furniture is GONE!
Call ___________.

===================
Must Sell New House Quick
Bought Daughter a Horse
and Need More Yard and Grass!

Again - lots of phone calls. AND this one was jumped on by the editor
of the local Newspaper - cuz of the Horse angle.

So we had a bidding war for it. ALWAYS good news.

-------------------
#3 - Your Photos and video Do Not Show What Home Shoppers are EXCITED
ABOUT Up-Front.

A - Your cover photo made me think, "Oh God look at all the trimming work
I'd have to do around the driveway."

Instead...

Show the Front Entrance door

Any Bay window or windows with a view

The Bathroom

The Kitchen with a clear view of the Cutting and work surface.
Age of the appliances.

Your Kitchen photo is buried far into the video and looks dark and gloomy.

=============
=============
IF I were asked to sell your parents house I'd ASK the same Questions House
Buying prospects are wondering, "Why are you moving?"

"Why was the price reduced?

"What is WRONG with the house that makes you drop the price by 100K?

Thanks,
Glenn Osborn

P.S. - Didn't intend to preach but I do this a lot and you'll NEVER sell the house with photos of Problems and areas nobody cares about.

I shuddered to see all the trimming and lawn work. All your pictures
Show SWEAT and Problems.

Instead of bright shiny possibilities.

P.P.S. - Realtors can't take photos worth a darn. OR write PSYCHOLOGICAL REASON WHY Ads that Feature
a REASON WHY Headline and the 5% of info people WANT to know before
they will call you.

I helped a guy s ell his multi-million dollar house in Lake Tajoe.

Just Divorced & Must Sell
Lake Tajo Mansion I Built
Myself to Divide Up for Settlement.
Call _________.

Worked like a charm.

He was reluctant to run the ad. But after his realtor couldn't sell it after 8 months.

This "Divorce Forcing me to sell" ad was created as a flyer
and stuck on all the other house door knobs
around the lake.

It got snapped up in 48 hrs.

Re: Make $450 from Homes that sell in your area!
 

Glenn- kudos to a great response. I sometimes struggle with some of your NLP posts, but this is a true copywriters post here. I think your critique was right on the money, and your headlines giving "the reason why" are outstanding. Thank you for your post.

10 Emergency Cash Ideas for WheelChair Bound Client Who Fell off a Roof
 

Thanks Doug,

I'm currently testing headlines for a new book.

THE REASON WHY is almost a Requirement today.

Your Opinion Please:

Does the "10 Emergency Cash Ideas for Wheelchair Bound client"
Tell
You
That
The Reason Why You Should Buy the book is that IF a Guy in a wheelchair
can do it - SO CAN YOU?

Or

Is it too subtle?

I'm In Test Mode to Create my next REASON WHY Headline.

Glenn

Re: Make $450 from Homes that sell in your area!
 

Glenn- too subtle for me I'm afraid. That headline did not make me think anything, let alone your intended message of "so easy even a guy in a wheelchair can do it" - probably not the message you would want to send anyway. I realize shock value can be powerful, but in that case, probably more offensive then anything. Just my 2 cents- perhaps others will chime in with their opinions also.

Re: Make $450 from Homes that sell in your area!
 

Glenn, I think your headline pushes some of the right buttons. I admit that I was thinking basically your very point as I read it ... "how the hell hard can it be if a guy in a chair can do it ..."

However, yes, maybe it is a little "over the top."

Thought provoking, though. Very subtle lesson from the Professor of NLP!

(Ha! I agree with Doug! I have a little trouble following some of your posts, too. But this one ... more my speed!)

Re: 10 Emergency Cash Ideas for WheelChair Bound Client Who Fell off a Roof
 

Glenn,

Thanks for all of the wonderful ideas and case studies you post here.
A real treasure trove.

I can read and understand your posts, but only because I own a secret
device that also lets me decode Phil's posts.

Just kidding!

I like the title that you're using for your book.

"10 Emergency Cash Ideas" always gets attention from the crowd looking
to generate money yesterday. "For wheelchair bound client" does make
me think "easy" or "easier".

Also makes me think that the content is not gender or age restrictive.
Maybe a teenage daughter or niece could use the book to make money.

Just my thoughts.

Ron

Talking about a {Secret Device} /4 Making $$$$ & Much, much more! ... :)
 

Hi Ron,

Talking about a {Secret Device} somehow Decoding Phil's posts.... :cool:

By now probably Many, Many know and Realize...

Parts of Google and Company are being put to [Rest] for various particular reasons in [Life] currently!

Google reader Alerts dead, Pretty much Explains things if you Google around Slightly...

Just in case some Haven't figured out Where to Go from Here and There...

Quick Solutions are Standing by to Help you in All Kinds of Ways! ... ;)

ENJOY!! ... If you Aren't Already...
https://www.google.com/search?q=talk...w=1366&bih=665

Feedly! ... Google move over...
https://www.google.com/search?q=Feed...ox-a&gws_rd=cr

All the best,
Phil

Remember the 1 Legged Golfer Ad?
 

Thanks Guys,

I'm still testing headlines and subheads.

But you Get The Point.

IF a 1 legged golfer can hit it a mile - (You think - mebbe this will help me too)

Same strategy I'm testing here.

IF a guy in a wheelchair can make munny with these ideas - (Maybe I can too)

My Discovery is you should only borrow
from the #1 HomeRun Ads and S ales letters
of all time.

FIGURE out why they worked.

Then test (To make sure you got it right) - without spending munny.

When a test pulls great. THEN you create the product and sell it.

I have clients - right now - who ignore that advice - to test a bunch of times
FIRST - then build it.

Pow! - the --free-multiple-testing-- idea goes right over their heads.

They pour munny and time into an idea they LUV. Which 99 times out of 100
is a DUD. (That is just Reality.)

Then hire me to sell it. (Sometimes I can sell it but most often I have to find
some aspect or idea or element - they hadn't thunk of - that is ALREADY
selling well somewhere else.

Then we Promote that.

Audiences prefer Headlines W/ #'S that SAY things Explicitly over Ambiguous One's...
 

Glenn,

Thought you Might be interested in the following [related] to the Subject of Headlines, with an added Mix of Opinions and Ideas along the way being discussed...

Audiences prefer headlines with numbers that say things explicitly over ambiguous ones...
https://www.google.com/search?q=Audi...ox-a&gws_rd=cr
http://socialmediatoday.com/shanejon...es-earn-clicks
http://moz.com/blog/5-data-insights-...-readers-click

All the best,
Phil