Monday, July 7, 2008

How it all started

I would like to start this blog by telling how MonkeySold came to life.
So, here's the story.
A couple of years ago I made some good money and decided to invest it all in Real Estate. I took some 'Investors' classes, became a Real Estate Agent and a Mortgage Broker and started buying single family homes and some Commercial Real Estate.
All my properties where bought with 20 to 50% down and all was going well.
Every year I would refinance some properties and use the cash to buy some new ones.
All was going well until I had 7 vacancies and the market started to tank.
I really needed to sell some assets and I really needed to do it quickly.
A friend of mine advised me to look into a Quick Close Sales method, and that's how I found myself at a training course in Quick Sales (some call it 2 day sales). The course left me all pumped up, as a sales pro and marketeer, I really am convinced that today's Real Estate market needs some aggressive sales methods and this method is not only innovative it is also the fastest way to sell.
So I found myself motivated, ready to conquer the world of Real Estate but with no client or home to try out my new skills.
And as I am a firm believer in getting your feet wet and learn by trial and error, I desperately needed a home owner who wanted to use my newly acquired skills.

A couple of days later I am having breakfast with a friend of whom I know that he has his home on the market and I'm telling him about my new revolutionary sales methods. He tells me that he has been praying for someone to help him as he really is pressured to sell his home.
It took him two weeks to convince his Realtor, who had the listing for more than a year, to release him from the listing agreement.
That gave me 2 weeks to get my act together and to deliver proof of concept.

2 weeks later we had an open house at his property and sold the home that Sunday night for a little bit more than what was owed to the bank.

The good part was that the bank offered me a Real Estate commission on the sale.
Next thing you know, we're selling a home every weekend.
Not every home sells for what is owed to the bank, but I learned that the bank takes the offers that I bring them as they know that this method is giving them the highest and best value the market can offer.

So now 'MonkeySold' is not only a solution for selling a home fast but it has also become an expert in Short Sales.

This blog is intended to share the story of helping people.