Real Estate Investing Question Anwsered – What I Use Zillow For in My Real Estate Business

Thank you all so much for the comments keep up the good work! We are starting a new segment where my real estate investing fanatic’s (YOU) send me questions and I answer them on the show. If you have a real estate question you need answered post a comment below now.

Also there is still time to get in the Short Sales Unleashed Contest. There is a link below where you can get more information. This is the must attend real estate investing event of the year! The deadline for the contest is October 29th, 2009 so you better hurry and get your entry in now!

See you tomorrow;
JZ

P.S. I am thinking about giving the show a “nickname” I want your suggestions. Post your ideas below for names of the show now

Resources Mentioned in this Episode

Short Sales Unleashed – Underground Uncensored Event – http://regoddess.com/JonZ

Short Sales Unleashed Contest – Ends 10-29-09 – Click Here

Admin

Mike I will cover that for you in an upcoming episode....look out for that!

Also...I want to thank you all for leaving some comments you are the BEST!
Admin

Anyah I understand your frustration. I don't look at it like the seller thinks you are trying to steal the house. I look at it like that deal just doesn't not work for that seller. A good number for getting deals accepted is 1 in 20. As far as building the sellers trust, you have to build a relationship and build rapport with them. You may be paying less (Cause you are paying cash) but you provide feature and benefits that other buyers can not. For instance, you can close quickly with no contingencies.
Tom Eline

http://ctarmls.com/CharlestonReports/ListitLib/report_builder.aspx?report=public_full_prop1&mls_acct=12919195

Hello Jon and fellow REITVSHOW junkies. With a little digging, you might also be able to tap into your area MLS for comparable studies as well. Above is a link to a sold property in my area (Charleston, SC). You can see the property description, photos, sold price, and days on market. If you click on the highlighted address, it takes you to a map where you can check actives, pendings, etc. Don't know why, but it excludes contingents. But if you can find something similar in your area, it is a great tool for finding comparables that you can print out and use. This just came to my area in July. I hope you can get it too. Be good. Tom E
Michael Hill

Hey Jon, since you are the master of the Short Sale I have a newbie question. I was told by another investor that if a person falls into a short sale catagory I should first fax or e-mail them a Authorization To Release form, once they sign it and return it, then it all begins and I can make contacxt with the lender and request a packet. My question is how do you get all your other paperwork signed, do you meet the seller with the bank packet and do it then? I guess my fear is going to meet a seller, do all the leg work not knowing if the bank will even make a great deal.
Mike
Adam Teece

Awesome ideas man. And great to see Princess Waffles.
Anyah Gaffney

Hi Jon
What you said about the realtor is so true, thats one of the problems I am faced with a property in PLFD. Maybe in a few months they will see the light of day and come around. So whats a good way to gain the trust of the people your working with like the seller, it seems that when you give them the lowess price your willing to pay for the property they feel like you just trying to take the home for them?
Admin

No problem Rachel you all have a great resource over at zillow.com and you are making it better all the time. I love the iphone app! Maybe I will have to do another episode about that. Thanks for the follow on twitter send me a @JonZorrer reply so I can follow you back. Please let other people know about the show as well.
Rachel Rosen

Hi Jon,
Rachel from Zillow here:
Thanks for the mention of how to use Zillow! I'll be following you on twitter!- Princess Waffles is awesome!