Prospecting Renters with No Down Payment
In this video, Broker Carl Bishop covers a topic about renters having concerns with owning their own home. One of the main objections we get from renters is having no down payment, that they don’t have enough money saved to get into a home, or worried about large down payments, but is spending a substantial amount to pay their rent, an example is paying rent for $1,200/month. Our goal as a real estate professional is to add value to these renters by getting them into a plan or programs to help them afford their own home, like the First Time Home Buyer Program and/or Zero Down Programs. This way, this will be a great opportunity for a renter to start developing savings and equity.
