Right now, everywhere you turn you hear people offering Real Estate ‘coaching Services’. So how do you know if this service will be of value to you? Below are some key due diligence questions to ask if you are looking for a coach:
What is in it for them?
Do they have a financial incentive to get me to take a particular action based on the information they’re giving me?
Are they trying to coach me by getting me to buy a piece of Real Estate they are selling me?
Do they have experience in the market or are they part of the cult of opinion? (These guys know someone who knows someone who did something somewhere. That’s not good enough for you!)
Are they currently investing in real estate and using the strategies they’re teaching?
Do they have an absolute bare minimum of 10+ real estate transactions to their name, thereby giving them the experience of dealing with different buying and selling situations?
Have they been investing for at least five years, preferably 10 years, giving them experience in different market conditions? It’s even better if they’ve been through a full up and down real estate cycle, which often takes a decade or more.
Force yourself to ask the tough questions, and not allow yourself to commit to a coach until all the homework is done. You’ll be much happier for it.
The next REIN™ Members’ Only workshops are coming up very soon in Edmonton, Calgary, Toronto and Vancouver with the REIN™ Team and very special guests. Here’s the direct link to our Upcoming Events Calendar so you can plan to be there as a Member: Click Here to Visit the REIN™ Event Calendar
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How To Evaluate Your Real Estate ‘Coach’ was last modified: September 17th, 2015 by admin