Stop Chasing Scarcity: The Real Path to Closing Your First Real Estate Deal with BILT

Welcome to BILT's latest insights on making your first successful real estate deal. If you've been glued to every word of real estate 'gurus' who proclaim that off-market deals are the only path to success, it's time to re-evaluate. While their talk of scarcity may sound appealing, it could actually stall your progress.

The truth is, these 'experts' often use scarcity as a persuasive selling point, but in reality, it can become a momentum killer. Consider the issues with off-market deals: they demand significant marketing expenses, involve negotiating in the shadows, and frequently result in months without progress due to unresponsive sellers.

On the contrary, on-market deals offer a more structured and transparent approach. You gain access to real estate agents, comparable sales data (comps), and greater transaction clarity. This environment allows for more effective underwriting, quicker offer submissions, and an accelerated learning curve.

Remember, just because something is difficult to find doesn't inherently make it better. The challenge often lies in the process itself rather than the profitability or value of the deal. Beginners should focus on activity over intrigue. Begin where data is readily available to cultivate both speed and skill. Take this critical first step towards building a successful real estate career with BILT.

Share this wisdom with those still stuck in pursuit of elusive, 'fantasy' deals and help them set their real estate journey on the right course.