Episode Details

Having trouble organizing your real estate wholesaling business? Let Joe Homebuyer do it for you! This franchise has everything to get you started – processes, how to make offers, closing procedures, you name it, a Joe Homebuyer franchise includes it. Mark Stubler is here to discuss what it means to quit your job and be an REI franchise. Real estate business in a box!

Those wondering how to start a real estate business should be cautioned that owning a real estate company is no easy feat. Just like starting a business in any other industry, entrepreneurs should log countless hours conducting research and craft a meticulous business plan before actually jumping into the business. 

Video replay of my interview with Mark Stubler about Wholesaling Real Estate Franchising:

Set Your Business Goals

The importance of setting goals can’t be underestimated. Goals not only keep you on track, but they also keep you moving forward.

The popular SMART goal has five key phrases: Specific, measurable, action-oriented, attainable, and relevant. It can be a helpful way to manage your ambition, by balancing actions with an intention. SMART goals are sensible and implementable across timeframes, allowing them to be a convenient start for whatever new project you’re about to launch.

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More about Mark Stubler and Joe Homebuyer franchising:

https://www.JoeHomebuyerFranchising.com

https://www.JoeHomebuyer.com

mstubler@joehomebuyer.com

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Takeaways from Launching a Wholesaling Real Estate Franchise:

1. Move away from the comfort zone and just do it.
2. Partner with someone whom you knew as a person on how they conduct themselves both in and out of the business.
3. It pays to be patient and persistent.
4. Make a human connection with the sellers.
5. Focus and enjoy the learning journey.
6. Hold everyone accountable. Better leader attracts better people. Earn the respect of the your people.
7. Build systems and processes first before scaling.
8. Be clear on what to accomplish, have a consistent marketing plan, and gradually increase activity.
9. Delegate non-income generating activities.
10. Real estate is simple but not easy.
11. Not in the business of making offers but buyings houses.
12. Franchising is not just business but is also a partnership.
13. Franchising is heavily regulated. You should be committed first before getting into it.
14. Don’t overthink it, just take action. Strategic marketing is an income-generating activity.
15. Address beforehand any potential issues that may wreck a deal.
16. In finding the right Acquisitions Agent, know the type of personality first, then network.
17. Successful Business Owner = Personal Development

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