Hey Guys, Check out my new venture and Blog!

porsche4life · porsche4life's Garage

As some of you guys know, I recently got started in residential Real Estate in AZ. I have started a blog and webpage where I plan to discuss garage topics, and I also have a place you can search for your dream garage here in AZ as well. My first post is about things I saw at Barrett-Jackson, so please let me know what you think. I'll have another Barrett-Jackson post next week with car pics and vid!

The site isn't done, but the bare essentials are there! Share it with everyone you know, and if anyone in AZ has any real estate questions, I'll be happy to answer them!
http://www.azdreamgarage.com/blog

For you facebook types, click the blue circle and like and share my page please!

porsche4life · porsche4life's Garage

Blog | Arizona Dream Garage

New post today!

onewhippedpuppy · 01-19-2015, 07:15 PM

Very nice Sid, I like the different angle. I hope it works well for you. My only concern is that the typical house decision maker is the woman. Maybe you need a new post - how to convince your wife that your dream garage is her dream house.

porsche4life · porsche4life's Garage

Haha very true Matt. I will have to get some collaboration from Tweeze on that. I am finding though that most houses with 4+ garage bays are very nice houses overall. Should make that sale a little easier. I think most guys know if they want to buy a big garage, they have to buy a big house to go with it.

I found a perfect place at Pegasus Airpark... House, hangar, and a Cessna 182 for ~900k! You ready to move?

livi · 01-20-2015, 12:22 AM

Nice indeed!

Yup. Got to appeal to the missus too.

onewhippedpuppy · 01-20-2015, 03:02 AM

Quote:

Originally Posted by porsche4life

Haha very true Matt. I will have to get some collaboration from Tweeze on that. I am finding though that most houses with 4+ garage bays are very nice houses overall. Should make that sale a little easier. I think most guys know if they want to buy a big garage, they have to buy a big house to go with it.

I found a perfect place at Pegasus Airpark... House, hangar, and a Cessna 182 for ~900k! You ready to move?

If you're buying, sure! I'll take a winter home.

Shaun @ Tru6 · 01-20-2015, 03:55 AM

Sid, you're gonna need some dreadlocks.

GH85Carrera · GH85Carrera's Garage

OK Sid, imagine each of those vehicles are a Ford Excursion for the scale. Remove all but one (gotta have a tow pig) and replace the other spots with Porsches. Now that is a dream garage!

911SauCy · 911SauCy's Garage

You, are going to kill it selling homes !

tevake · 01-20-2015, 04:59 AM

You are on the right track there GH85. Just one addition, perfect single guys dream garage!

Dreadlocks

. I get it, too funny.

Sid that video sure does look more mellow that doing it felt!
Please shoot me a look at my run with the tank slapper in it. :-)

Nice job on your site/ Blog, you are off to a good start!

Cheers Richard

notfarnow · 05:54 AM

My thoughts, and please keep in mind that this advice is SOLELY based on my experience in my market area. The market dynamics in your area may be significantly different:

Keep up the blog, keep networking with the types who will be drawn to this niche. However, keep in mind that it can be very difficult to crack into this end of the market. It is fiercely competitive, and sellers typically lean towards established agents who have inventory and a portfolio of SOLD homes in that price range.

Your very best approach, is to hook a BUYER asap. Even if they are a looky-loo, they will gain you access to the homes you want to focus on. A couple active, legitimate buyers can allow you to get to know the target inventory of listings. Once you've seen a dozen or so listings, and understand that part of the market, do a mail out to a few dozen similar homes, stating that you have a buyer looking who has been unable to find what they want on MLS. Then, and this is the key part, go knock on their doors about 3 days after they would have recieved the mailout. This shows that you are serious, and that you are working for a legit buyer. Stress the fact that you aren't looking to put their house on MLS, but that you are trying to show homes to ONE buyer. This is non-commital, and it shows you as being hardworking. It may not full MLS listings right away, but it will help you remain top-of mind, provided you stay in touch with them.

Once you manage to get a couple MLS listings, you will have access to MORE buyers for similar homes.

It is a slow process, but that is how I worked my way into the waterfront market. Took me about 3 years before I started to really gain traction, and now I list & sell more waterfront than anyone else in my area.

IMPORTANT:
You will go out of business in 6mths to a year if this is your only focus, so you also need some meat & potatoes business for Subsistence Realty(TM).

Here's what you do: Spend a few days researching the entry-level end of the market, looking for areas that have the highest turnover. Where I live, it was townhouses and pockets of small homes in certain clusters of neighborhoods. Once you identify your neighborhoods, you need to follow the same process as above.

This end of the market typically doesn't have the same attachment to big name or established agents. They just want someone hard working and honest, so it's the easiest to crack into.

In order to find a couple buyers, offer to do some open houses for another agent in your brokerage. If no one will cooperate (they wouldn't for me), then just mail out, and door knock. When you door knock, make sure that you have recent comps, and are familiar with them. They likely will be, and if they are considering selling, they will want to know how their place compares... so KNOW YOUR COMPS.

Rinse, wash, repeat.

Also: When you land a buyer or a seller, work it like your whole business depends on it... because it does. And treat them as though you were helping your mother or best friend buy a house. Don't simply ACT like that is how you are... actually advise and work as though they are family. If you do, they will remember it, and they will WANT their friends and family to use you too.

A caveat: This process WORKS, it got me in the top five (of 225) agents in my area. It also got me divorced. Try to maintain a balance, nomatter how exciting and exhilarating it is.

peppy · 01-20-2015, 07:59 AM

Nice.

Liked on FB

BlueSkyJaunte · 01-20-2015, 08:08 AM

Quote:

Originally Posted by onewhippedpuppy

My only concern is that the typical house decision maker is the woman.

I wanted a dream garage but got a horse and a barn instead. Shrug.

nostatic · nostatic's Garage

The biggest problem with blogs is content - authors will write for awhile early on then it slows or dies. What is the reason for having the blog? Typically you are trying to attract and keep eyeballs, so you either need to creating content that is interesting to your audience or have some other draw. And you also have to think about who that audience is. Potential clients? Family? Friends? All have different editorial slants that you need to consider.

LeeH · 01-20-2015, 09:17 AM

Quote:

Originally Posted by nostatic

The biggest problem with blogs is content - authors will write for awhile early on then it slows or dies. What is the reason for having the blog? Typically you are trying to attract and keep eyeballs, so you either need to creating content that is interesting to your audience. And you also have to think about who that audience is. Potential clients? Family? Friends? All have different editorial slants that you need to consider.

Yeah, if you give it up, take it down! Hate it when I open a blog and find 2-3 posts from 5 years ago.

porsche4life · porsche4life's Garage

Quote:

Originally Posted by GH85Carrera

OK Sid, imagine each of those vehicles are a Ford Excursion for the scale. Remove all but one (gotta have a tow pig) and replace the other spots with Porsches. Now that is a dream garage!

I have found one home that is similar to that layout glen... Huge garage, pretty vanilla house on a secluded lot with space outside to park a toy hauler!

Quote:

Originally Posted by notfarnow

My thoughts, and please keep in mind that this advice is SOLELY based on my experience in my market area. The market dynamics in your area may be significantly different:

Keep up the blog, keep networking with the types who will be drawn to this niche. However, keep in mind that it can be very difficult to crack into this end of the market. It is fiercely competitive, and sellers typically lean towards established agents who have inventory and a portfolio of SOLD homes in that price range.

Your very best approach, is to hook a BUYER asap. Even if they are a looky-loo, they will gain you access to the homes you want to focus on. A couple active, legitimate buyers can allow you to get to know the target inventory of listings. Once you've seen a dozen or so listings, and understand that part of the market, do a mail out to a few dozen similar homes, stating that you have a buyer looking who has been unable to find what they want on MLS. Then, and this is the key part, go knock on their doors about 3 days after they would have recieved the mailout. This shows that you are serious, and that you are working for a legit buyer. Stress the fact that you aren't looking to put their house on MLS, but that you are trying to show homes to ONE buyer. This is non-commital, and it shows you as being hardworking. It may not full MLS listings right away, but it will help you remain top-of mind, provided you stay in touch with them.

Once you manage to get a couple MLS listings, you will have access to MORE buyers for similar homes.

It is a slow process, but that is how I worked my way into the waterfront market. Took me about 3 years before I started to really gain traction, and now I list & sell more waterfront than anyone else in my area.

IMPORTANT:
You will go out of business in 6mths to a year if this is your only focus, so you also need some meat & potatoes business for Subsistence Realty(TM).

Here's what you do: Spend a few days researching the entry-level end of the market, looking for areas that have the highest turnover. Where I live, it was townhouses and pockets of small homes in certain clusters of neighborhoods. Once you identify your neighborhoods, you need to follow the same process as above.

This end of the market typically doesn't have the same attachment to big name or established agents. They just want someone hard working and honest, so it's the easiest to crack into.

In order to find a couple buyers, offer to do some open houses for another agent in your brokerage. If no one will cooperate (they wouldn't for me), then just mail out, and door knock. When you door knock, make sure that you have recent comps, and are familiar with them. They likely will be, and if they are considering selling, they will want to know how their place compares... so KNOW YOUR COMPS.

Rinse, wash, repeat.

Also: When you land a buyer or a seller, work it like your whole business depends on it... because it does. And treat them as though you were helping your mother or best friend buy a house. Don't simply ACT like that is how you are... actually advise and work as though they are family. If you do, they will remember it, and they will WANT their friends and family to use you too.

A caveat: This process WORKS, it got me in the top five (of 225) agents in my area. It also got me divorced. Try to maintain a balance, nomatter how exciting and exhilarating it is.

Very good info Jake! Yes this is not my only lead generating source. I am starting to hit car events in AZ, getting some flyers printed to hand out etc. At the same time I am working to find other lead sources too. I am sitting an open house Saturday, right off a main drag, new to market recent renno, priced aggressively. Should get some good traffic! AZ being the land of the investor means there are lots of vacant flips that you can sit. But the market is picking up. I'm hearing of lots of multi-bid situations going on right now too.

Quote:

Originally Posted by nostatic

The biggest problem with blogs is content - authors will write for awhile early on then it slows or dies. What is the reason for having the blog? Typically you are trying to attract and keep eyeballs, so you either need to creating content that is interesting to your audience or have some other draw. And you also have to think about who that audience is. Potential clients? Family? Friends? All have different editorial slants that you need to consider.

As with anything, content is king I know. I am already brainstorming a few weeks worth of posts, and bouncing ideas off Thuy and my broker too. Any input you guys have, what you liked, didn't like, or would like to see, just tell me!

Thanks for checking it out guys! And for those of you out of state, please let me know if you are looking for a property like this and don't already have a realtor. I would be more than happy to vet realtors for you and guide them towards the properties you are looking for!