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/biz/ - Business & Finance

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677382 No.677382 [Reply] [Original]

Hi /biz/

If one was to get into luxury real estate, what would be some innovative methods to market this industry other than SEO, Social Networking, QR Codes etc. to attract this specific market (long term investors etc.)?

>> No.677402

>>677382
Location, location, location

>> No.677594

What do you mean "get into it"?

Fix and flip? Sell? Wholesale? Buy-and-hold? Notes?

>> No.677635

>>677594
This.

What the fuck do you mean by "get into"?

>> No.678187

>>677635
As in buy and hold or become and agent and take commission

>> No.678195

>>678187
Well which fucking one?

>> No.678207

>>677402
since people general dont get what this means ill try to elaborate.
Don't buy a $10,000 home in detriot in hopes of fixing it up and renting it or reselling.

>> No.678211

You literally need a couple million dollars to do this and not risk losing your ass.

>> No.678224

>>678195
What about selling to others as an agent for commission, what would appeal to this target audience in a more contemporary way?

>> No.678239

>>678224
You mean being a real estate agent? Considering you don't know the appropriate term and just seem to be tossing around buzzwords, I doubt you'll make it. Luxury properties like this are generally done through private listings, and most of these agents acquire clientele via word of mouth. It's highly competitive even at the lower levels. You don't just start out showing $1mm homes; you claw your way up from the bottom.

I'm also guessing you're around 18. You don't have the maturity or authoritative presence required to make people feel comfortable making the largest investment of their life with you. Sorry, anon.

>> No.678244

>>678239
What about through online marketing for the real estate listings?

>> No.678247
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678247

>>677382
99 percent of real-estate is who you know and where you're selling. That's it. If you don't have the right connections GTFO.

>> No.678252

>>678244
Oh, right. I forgot that the people making $60,000+ in commission per sale are retarded fucking Luddites.

They have it covered.