An Elevator communication is a speedy, simple answer you leave when asked what you do for a living.
Keep 3 Things in Mind
1) One guidance, one slant, one line of work
Real estate investors do three circumstances: Buy owneds Sell owneds Promoting private money for people
You have to choose which direction to go in. In this business the most difficult thing is getting great deals. Since it is the toughest persona, it is always best to tell people you buy/ sell houses so they have a clear picture of what you do. This could bring about copes or opportunities in the future.
2) Easy to understand
” I buy houses, fix them up, and then sell them .” This is a very easy concept to understand. This constructs it easy for someone to identify whom you. Over duration if you are networking, when people understand what you do, it easier for them to remember you.
3) Meagre Answer
If you are talking to the general public and someone asks what you do you do not want to come across as a big shot or it will become difficult to negotiate a bargain. Always consider the person you are networking with could be a potential dealer or connect you to someone they know.
Effective Elevator Speech
When someone asks,” What do you do for a living ?”
You would respond with something like this,” I am in real estate, I have my license but I am chiefly in the investment area. So what I do is buy houses, fix them up, and sell them. Sometimes I lease them out too, but I typically sell them .”