Realtors

FACTS ABOUT DIAMOND IN THE ROUGH SOLUTIONS, INC.

– Purchase properties at a discount, renovate them quickly, and list to resell
– Ability to make CASH offers for houses and create fast, hassle-free transactions, closing in as little as 10 days
– Focused on providing solutions for clients and value for investors by locating and renovating distressed properties

 

CASH BUYERS
QUICK CLOSE
WE BUY HOUSES AS-IS
NO APPRAISAL
NO LENDING RESTRICTIONS
WE DON’T SUBMIT LOW OFFERS
WE’LL WAIT ON SHORT SALE APPROVALS

As an agent, you can take advantage of many unique opportunities when it comes to working with investors. Many agents view working with investors as a waste of time – however, we know you have a business to run and can’t afford to waste your time with investors who aren’t serious. At Diamond in the Rough Solutions, Inc., we pride ourselves on having a systemized buying process; which eliminates the need to waste your time on tedious tasks. You can rest assure that we are serious buyers who close with cash and very quickly.

We believe that good investors are those who place high value on the knowledge and expertise of good agents. In turn, we hope to share our knowledge with you and help to provide you with a lucrative and consistent stream of income. So if you can shift your thinking and learn how to leverage working together with investors, you’ll realize there are many potential benefits – creating win-win situations for everyone.

What Type of Proof of Funds Are Shown for Each Transaction?

We offer CASH to close on all of our homes, purchase properties as-is, and can close in as little as 10 days if needed. Unlike other companies, we do have the funding lined up to purchase properties in even shorter timeframes if the opportunity is right.

What Kind of Training Does Diamond in the Rough Solutions Have?

As always, having the correct knowledge is essential in order to carry out any mission. We have invested a great deal of time, energy and capital investment into our real estate education to make sure we not only protect ourselves, but also provide you with the peace of mind knowing that we are a legitimate company with sound knowledge and experience.

We’ve been mentored by the nations’ premiere Real Estate Investment Company, CT Homes, LLC, also featured on the hit TV show “Flip This House”. Our real estate investing mentorship involved a comprehensive 6-month curriculum, covering all the ins and outs of creative real estate investing. Beyond the principles of sound investing, we were also thoroughly trained on how to build a successful business based on systems and predictability

Having been involved in thousands of real estate transactions, our personal investing coaches have created the necessary systems and tools to allow us to strategically invest in real estate; and grow and expand our business. These tools are readily available for us to leverage when analyzing our real estate deals.

Differences between Diamond in the Rough Solutions and Other Buyers

Method of Payment
Cost of Repairs
Closing Timeframe
Amount of Business For You
Repairs Needed
Appraisal
Re-Listing the Home

Bank Financing
1-8% of Homes Value
45+ Days
Typically only one purchase
Repairs, no matter how big or
small are important to owner
occupants – often times, making
it difficult to find a house quickly &
make the sale
Mandatory
Years down the road

CASH
None (Bought AS-IS)
10-14 Days
Repeat Buyers (2-10 deals per yr)
We look for homes that are not
perfect and need improvements
None
2-4 Months on Average

Can I gain Repeat Business?

One of the main benefits of working with an investor is the potential for repeat business throughout the course of a year. By working consistently with a successful investor who actively buys and sells properties, you can predict a steady revenue stream based on their level of activity. Although it varies, most real estate agents typically close between 2 to 10 deals per year with investors. A good agent will be able to leverage those deals into even more deals, just by working with the buyers who purchase investment properties.

Are There Opportunities to Make Commissions on Both Sides of the Job?

By acting as a dual agent in a transaction, representing both the buyer and seller, you can earn both sides of the commission. For example, let’s say that you as a licensed agent have an REO property listed. Our goal is for the agents we work with to be excited to work with us which is why we’re happy for you if you received both sides of the commission. That merely means you were great at your job!

How to Become a Distressed Property Specialist

There are a number of properties in the marketplace needing renovations – anything from cosmetic repairs to full-gut rehabs. Often times, you as the agent are the first contact for sellers behind on payments, who need to sell quickly, or don’t have equity in their home. These are exactly the types of opportunities we are looking for. If you or someone in your office have these types of listings, we may be able to quickly purchase the homes with CASH. After a few successful transactions, you can utilize that success to gain more exposure in your market and build your credibility as a distressed property specialist – ultimately, increasing your income opportunity.

Can I Gain Access to Exclusive Property Inventory?

A successful and active investor will constantly have an inventory of completely renovated properties; and YOU will have access to that inventory BEFORE that property is listed on the MLS. This creates a great opportunity for buyers – especially a first-time homebuyer, as they would have the chance to purchase a newly renovated and fairly priced property. In some cases, your buyers can also have the benefit of giving input on certain features of their home and choosing custom finishes BEFORE renovations are fully complete. By providing this option to your buyer, it completely differentiates you from other agents – therefore, directly impacting your bottom-line!

What Are My Open House Opportunities?

Newly renovated vacant properties generate a lot of interest from potential buyers – like a neighbour or anyone else looking for properties priced aggressively and in pristine condition. By acting as a seller’s agent, this creates a great opportunity to host open houses for these properties; allowing you to meet many new potential buyers that you can add to your database, and possibly cultivate as buyer clients of your own.

Can I Receive Short Sale Referrals?

Successful investors are excellent marketers and generate a lot of leads – many of which are short sales. In most cases, investors aren’t too interested in working with sellers whose properties are over-leveraged and in short sale situations. The short sale process can be lengthy, so many investors prefer to refer those leads to a specialist rather than work with the sellers themselves. This creates a huge opportunity for you to become a “short sale specialist” – by listing these properties and getting the commission when they sell. As a short sale specialist, you also have the opportunity of working with multiple investors, which provides you with more of an revenue stream ten fold!

Is There a Possibility of Doing a Joint Venture Together?

At Diamond in the Rough Solutions, Inc., we pride ourselves on having a strong foundation of real estate knowledge and training. Our core business lies within our systems, education and knowledge of the real estate industry. We did not just buy a CD off the Internet and become a real estate investor overnight. We have spent thousands of dollars to learn how to be successful in this business and do it the right way the first time. By working with us, you can benefit from our knowledge, gain REAL LIFE investing experience and have an amazing opportunity to learn all the ins-and-outs of the other side of real estate. To us, this is invaluable. If you should decide to take interest in becoming more involved directly with real estate investing, there are a few unique opportunities that can create an additional income stream for you – and you can either take a hands on or hands off approach. Let us know if you’re interested in a possible joint venture opportunity, and we can discuss it in great detail.

How Can I Become a Referring Agent?

Although many of our offers will be typically lower than retail clients, we serve as a great benefit for hard-to-sell properties or those requiring the bank or seller to move quickly. We are also a good fit if you have listings that have difficulty qualifying for traditional financing based on the current condition of the property. We are not the perfect fit for everyone; but for the seller with the right motivation, these features are a necessity.

How Much Additional Time Will It Take Working With an Investor?

As an agent working with an investor, you can increase your profit; but not necessarily increase the amount of work you need to do to close each deal. Your goal should be to:
• Spend no more than a few hours per day finding and making offers on our behalf
• Automate most of the work –utilizing our documents such as repair sheets and deal analyzer
• Specialize in a very specific, relatively small, geographic area – therefore, not spending your time driving all over looking at houses

More Information About Renovation Projects

When working with our company, you can be rest assured that we’re very qualified and experienced in fully renovating properties. In order to ensure our success in residential redevelopment, we reached out to learn from the best, developing a close mentoring relationship with the owners of CT Homes, LLC. Since the inception of their company, they have literally remodeled hundreds if not thousands of homes. We were able to learn from their experiences and immediately implement their techniques here in our backyard. Here are just a few of our past rehab projects:

Will I Be Required to Spend a lot of Time Driving Around Showing You Properties to Buy?

No, not at all! We already know what we’re looking for, and our criteria typically stay the same. While we may need you to let us inside a property once in a while, we wouldn’t ask you to spend your time on wild goose chases.

Is it Worth My Time to Work With an Investor?

Yes! You can automate most of the process so you’re not wasting your time on working on tedious tasks. By working with an investor, you create a very lucrative source of income as well. In a partnership with us, you can earn multiple commissions by representing us as both the buyers and sellers agents.

What Kind of Offers do Investors Usually Make?

Our offers are in cash. They are below retail, but they are also highly valuable because they are cash offers. Some of our offers do get rejected; but, unlike traditional clients who may buy or sell a home once every five years, we make multiple transactions annually.

How Do I Work With Diamond in the Rough Solutions?

You have the opportunity to become what we call a “triple agent.” When working with Diamond in the Rough Solutions, Inc., you can act as the buyers agent, the listing agent and the referral agent. In other words, you may be able to earn triple commission on a single deal. Secondly, we will actively send you leads on listings and give you the right to generate more leads by marketing our homes once the renovations are complete. We can also will send buyers to you.

What Type of Properties do you Purchase from Sellers?

We purchase homes in pre-foreclosure, over-leveraged, condemned, liens or health department violations, not maintained, fire damaged, estate sales, stagnant listings, even about to fall down homes – we can buy it!