IT IS NOT ALWAYS ABOUT THE MONEY.

Dianne. Renters turn into buyers too. Sometimes sooner than we think and it is the relationship build that we do that will have them call on us... Please keep me in mind for you NJ referrals

Dianne, you are so right. Sometimes it's all about helping people.

Rich

Slow times help you find yourself doesn't it!  Maybe you didn't make much money but it sounds like you have a smile on your face.

Dianne, I am in the Ski Resort Real estate business, and many of my buyers start out as ski season renters, the best way to meet this next years buyer it to be his this years rental agent. Steve

it is beneficial to have a servants heart.  With many people losing their home, our Rental market has picked up.  We did several Rentals last year and 25% of them, are now turning into Buyers.  When we put them in the Rentals, we help set them up for success. They cleaned up their credit, payed their rent on time, and finally were able to qualify for a loan.  We are expecting another 25% of our last years Renters to be able very soon to become home owners.  Rentals can be gold.  Keep in touch with your Renters throughout the year and help them plan to be buyers.  It is very rewarding spiritually and financially.

I do the occasional rental, usually for someone that is relocating and needs more time to study which neighborhood they want to buy in. I always follow up with renters in about eight months to see if they have thought about buying. I usually am able to turn them into Buyers about 85% of the time.

To have a servants heart just like Janis said is really what living is all about.  I work with a few relocation rental companies and renters are not nearly as picky as home buyers usually.  I don't make a lot of money at it (I do get paid some) but it is also about networking.  You just never know who will buy a home if not today tomorrow.

I have met a wonderful lady through my website.  She lives out of state and was really just surfing around trying to get ideas for her daughter, who lives here and rents a tiny apartment that she can barely afford.  She is very worried about her and I told her I would try to look out for something, but what she can afford monthly has made it very tough to find anything better.

I heard from her last week.....she is excited that her son is relocating to Birmingham.  Since there are two incomes they can get into something nicer, and now the parents are serious about buying instead.

You just never know how situations can quickly change! 

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post. 

I hope you will look into the many groups as there are some great group both local and broad based,.... 

enjoy!

Hello, welcome to Active Rain! This seems like a wonderful environment to network as well as learn from others. I hope you enjoy yourself and participate often in the Active Rain environment!