Stop complaining and get up off your butt and create a real estate legacy. For the past two days I’ve attended NAR EAH (Employer Assisted Housing) program. I’ve identified yet another niche in real estate that can lead to an endless supply of buyer leads. What a great idea to work with employers in the communities that you service to help them retain and aide their employees with home buyer incentive programs. There is generally more money available for under served communities which are plagued by foreclosures.
Last week I had the pleasure of closing a new construction condo with a fresh out of college single parent. My client is resourceful and wanted every first time homebuyer incentive available. I negotiate numerous upgrades that the developer provided at no additional cost. But the greatest benefit was the $23,000 in forgivable subsidies that my client received. First Chicago Public Schools gave $3,000 that will be forgiven in five years and the City of Chicago gave $20,000 that will be forgiven over four years. After attending NAR event I now know that some buyers are receiving up to $75,000 in buyer incentives. Instead of reading headlines on how bad the real estate market is, I plan on researching how much money is out there for my buyers seeing that you’re too busy complaining about the market. For those who practice real estate in Illinois our incentives are underutilized.
For more information copy and paste the link below:
National Trainer, Certified Residential Broker
CRB, CRS, CNE, QSC, SRES, ABR, ABRM, CRMS, MBA
Rubloff Residential Properties
773-454-0274 Cell
888-205-4615 Voice and Fax
