The Reason You Shouldn’t Go to Free Real Estate Seminars

That’s right, I just said that. In this blog, I’m going to take you step by step through the anatomy of the free meeting example and why I argue it is not only a waste of your time to attend but it also could be destructive on your developed at becoming a successful real estate investor.

Why

Why are free real estate seminars for suckers? Not simply am I going to break down the anatomy of these happens and was confirmed to you why it’s a waste of your and potentially destructive but likewise, I’m hopefully going to empower you to be able to make better decisions on how you deplete information so you can become a more successful real estate investor much more efficiently.

Disclaimer

Why am I putting this video together ?

It’s to protect your time. I say ” you”, you could be a sidekick or an acquaintance or someone I bumped into on this back of the road. So often I hear people tell me happens like,” Hey, such person or persons from Tv at a meeting in my municipality. I only had to go and see what it was all about “, and all I can think about is” Oh no !”. This video is for you. I want to empower you to understand better what’s really going on behind the scenes.

Look, I’m not trying to bash my competitor if you think that because candidly, that’s not my competitor. I’m a real estate mentor but I don’t have a large group only me and a small squad. These societies are enormous. They threw, literally, hundreds of thousands of people to their business in a year, entirely different world. You can utterly be more efficient with your time. It starts by not attending these free seminars. Tell me demonstrate you how.

Advertising

These seminars must advertise for you to show up otherwise you wouldn’t even know they exist. Normally, their advertisements have a big personality. Have you ever noticed that? They got somebody from a reality television indicate or that happening, big personality I the advertisements. Here’s an important statistic for you. On median, depending on the size of the market, they will expend somewhere between $100,000 and $300,000 in publicize for you to come to a free meeting. True story. Perspective marketplace, by the direction. That’s not per year, that’s per marketplace, per New York city, per Miami, per Los Angeles.

They’re driving you to this free meeting. Each one has different epithets and different slants. I’m not going to get into the actual epithets. I don’t need to. I’m likewise not going to evaluate in this video their programs because I don’t even know anything about their programs. I’m talking about the free meeting example. I can talk with great authority on this particular subject.

How They Build Their Money

If the free meeting is free-spoken, then how are they making money? Here’s how they’re going to do it. They’re going to sell, sell, sell you on a course or an additional meeting or a bust or whoever knows what they’re trying to sell. That is necessary that for them to make sure they don’t lose any fund, let’s “says hes” do 4, 5 or 6 of these little free seminars in each city in a few weeks, they got to sell the heck out of some material, don’t they?

To break even on $200,00 or $300,000 in publicity, let alone the cost of the hotel, they’re going to sell the lights out of things. That means that everything that they say is going to be toward selling , not necessarily civilizing. Some people come from the attitude of” Well, Phil, I’m going to show up but I’m not going to buy anything. I’m just going to listen and learnt .”

Noise

Nope, they’re not necessarily going to teach you anything. The majority of what they’re going to share is what I call noise. Noise is not fact. It’s maybe a little bit of fact but unfolded. It’s done in such a way with some bias. In this case, the bias is to sell, sell, sell. They’re not necessarily going to tell you the most negative happens about the business because that may not help you to buy or if they do say something negative, it was all calculated.

This is a masterfold machine they’ve put together many of these companies. What they speak, every text, every inflection of the word, every delay, some of them actually fake hollering, they do everything to sell, sell, sell and it’s completely scripted, it is mystical because that brings up this spot. The loudspeakers, these loudspeakers are among the greatest marketings people you’ve ever met. They’re terrific marketings people. You can sit there … if you ran there only to take notes on what “couldve been” the greatest speaking marketings person you ever seen, that would be a good employ of your time because they can sell so well.

They are not Real Estate Investors

These loudspeakers though, they’re not real estate investors. Some of them may say they are but you got to be a little bit leery about that. If they expend 5-6 days a week in hotels along the road speaking, they’re not busy real estate investing.

I’ve threw these blogs together. I’m not in training seminars business at all because it’s not efficient. I’ll talk more about that in a moment. How the heck could I balance all of my period? I vest locally, I mentor others. If I’m out traveling, if I’m living out of a suitcase , no, it’s not happening. Plus, that’s not impunity, that’s prison. I want to spend time with household. I want to be fishing. I want to be surfing. Sorry about that little ad lib there.

Salesmen

If the speakers are not real estate investors, they’re marketings people, and in some cases they’re not even that good a sales people. I remember I was reading one clause where this specific organization that is actually somewhat the information right now, one of their loudspeakers run at Buffalo Wild Wings when he wasn’t along the road speaking. He wasn’t necessarily a real estate investor.

If the free meeting is geared towards sell, sell, sell, the speakers are fine-tuned marketings people. What that means is you’re getting noisy information or you’re getting information that could be only completely wrong but it’s helpful for them to sell. Everything about the example, even the temperature in the chamber, the direction the seats are designed, “its all” geared around you buying. If you show up, that’s a huge step. They have all these mental happens they’re doing to you so that you are able to buy, buy, buy.

Why They Do It

This business, why do they do it? First of all, they do it because people ask for it. People ask questions all the time,” Phil, when are you coming to New York or Texas or California or Ohio, Michigan? When are you coming next, Phil? I want to come to your seminar .” My answer is like,” I don’t do seminars. I’m not coming. I’ll likely be surfing or fishing or investing in my own copes or mentoring one of my students. I’m not traveling up there.

They’re doing it because people want it and they’re likewise doing it because it’s profitable. This business model has made a lot of fund for a lot of companies over a long period of period. One particular firm in the news a few moments ago, 2002 to 2012, payed $500 million gross revenue with just one of those seminar companies, $500 million, a lot of money.

This is all public record that I’m sharing with you. If you dug deep enough, you can find all this.

You Don’t Need to Be a Part of All This

If you wanted to go to the free meeting just so you could make a buying decision, you really like everything about the course and you just wanted to make sure you’re making the right decision on spending that thousand or $2,000, whatever they charge at these free seminars, that would be different.

But if you’re going there to learn, this is no longer best available example for you. This is a waste of your time.

What should you do instead ?

Thankfully, we have this thing called the internet these days. There’s a lot of things you have been able memorize. I understand that there’s a lot of noise in the internet as well but you can get to the signal. You can find the signal. Signal would be something like certain videos on Youtube. I am a bit slanted, I understand my videos have been proven to be best available in this industry.

There are people 30 year real estate investing veterans, one of which transmitted me an email not too long ago. I know he’s a veteran because he was a challenger of mine back in Nashville. What a flattery where reference is told me that he said, since his son is get into the business, he said,” I questioned my son to watch every one of your videos, Phil. You can always teach an old pup brand-new tricks .” I thought that was such a great compliment.

Signal

Whether it’s Youtube videos that you could look at the views and the thumbs up and the comments or whether it’s Amazon books, you can get Kindle books, and you have been able look at the reviews. You have the ability now to choose what information you wish to deplete and when. Suppose about the free meeting example, you have to get in your car, drive over to a inn, sit it on, then they tell you what you need to hear when you need to hear it so you have no govern over the intake of the information. It’s like watching the evening information as opposed to get a newspaper. The great happening about a newspaper is that you have been able skim the newspaper and pick out the headlines of the articles you actually want to read. Whereas in the night information, they give you all the negative slaughter tales first and at the very end, they tell the legend about the dog that was saved from the ending frost or whatever heartwarming tales at the end.

You can choose what information, which is good or bad. You can tell before you even deplete it. You can do it in your own period. You can do it while you’re in bed watching your iPhone. This is such a better example. That’s why I do what I do when I give my information. It’s because the model is so much better than this old, antiquated free meeting model.

FREE Signal

This right here can be a game-changer for you if you’ve been one of these suckers and what they call a” meeting junkie”, “theres going” from meeting to seminar. You can do your friends and family a advantage if they’re interested in leading just say,” Hey, as opposed to going to some seminars free of charge, how about for free you get on and spoke the right books, watch the right videos, consume the right information. So many times people have told me that watching my Youtube videos, they memorize so much more than when they went to a meeting that we are really paid for, that after one of the following options seminars, I guess there’s more seminars after that. It depends on the company but they all have different designings of their funnel.

Go this direction. If you’ve been offended by what I shared here, don’t read any more of my blogs but please do yourself a favor and don’t go to one of the following options free seminars where there’s the circus road show that goes from city to city to city with some big personality on the advertising.

Quick Tip

10-50 big personalities are not truly involved in these companies. They only do what’s called a licensing agreement. They license their call. They actually have no idea what’s going in. They may go attend a free meeting only to be a secret shopper if you will but they literally only throw their call up and they get a small little percentage of the over-all, in such a case, I give an example of $500 million. This particular person, he got 10%. I think that’s a bigger amount. They’re generally not that big-hearted. He get 10% but he actually had no idea “whats going on” inside all this. They were just use his call, a little small-scale tidbit.

Caveats

If there are caveats to this, if we’re not talking about some free meeting, circus roadshow, if we’re talking about a neighbourhood advocate, he’s putting on a little workshop on how to do a 10-31 exchange and they’re going to cost you $20 or something, that’s completely different. That’s fantastic. I’m talking about these free seminars that you see coming in municipality. You know which ones I’m talking about.

Conclusion

i hope you learned some brand-new and insightful information on this subject matter. The conception of the free real estate endowing meeting is American as apple pie. I know this could be controversial but what I share with you is signal in this video. If you want to learn more about real estate investing as I talked about, watch in one of my Youtube videos or anybody’s Youtube videos that have a lot of views and a lot of thumbs up and you can tell I “ve got a lot” of authority.

Grab some booksthat have a whole lot of 5-star reviews. My latest one, ” Real Estate Investing Gone Bad”,since a lot of you that are watching my video already have this one, make sure you pick this one up and read it. This is amazing signal. These are 21 true-life tales of what not to do in real estate endowing. You wouldn’t hear about these in no free meeting because they wouldn’t sell any tracks that way.

Thanks so much for reading. Again, I’m Phil Pustejovsky of FreedomMentor.com . If you have comments, interrogates, regard, threw those at the bottom of this blog. I try to carve out time out of my planned to interact with you all. Thanks again so much and I will see you on the next blog..