Realty411 Magazine Featuring Lee Arnold from Cogo Capital

how much it will really cost them. There are thousands of real estate investors hungry for properties; it’s just a matter of fixing this disconnect and streamlining things. During this time you are accruing a gang of holding costs that could include: Property taxes, insurances, maintenance, association dues, utilities, interest, principal mortgage payments, and maybe more. Add that all up and you can be throwing away tens of thousands of dollars of your home equity, years of hard labor paying down the mortgage every month, or the only inheritance your family left you. Sad, but true. Savvy home sellers get this. They know how to do the math, though few really factor all of this in. So, more would like to simply go right to a cash paying, professional investor, and just get a deal done and over in a few days. Yet, until now this market has mostly been flooded with endless cheap websites, and newbies who run local Google Ads for a few weeks, and then disappear right before you need them. Kribbz: Crushing it for Buyers & Sellers This is where Kent Clothier’s Kribbz comes in! Kribbz for Home Sellers At Kribbz.com home sellers get a fresh new experience. It is a platform where they can list their home absolutely FREE. Better than free, Kribbz sends out a representative who takes awesome photos and video for them, for free too. Kribbz does a ton of due diligence like having a professional home inspector come out to determine what repairs if any will need to be made by the new buyer. Then all the private and public data is pooled together online for the buyers. No real estate agents do this. Not even for $100,000 in commission. Then, when the property is put up on Kribbz, it kickstarts a 24 hour auction. Within 24 hours the seller will absolutely know for certain what their home is worth for cash in an immediate sale to a qualified buyer. The seller isn’t even required to take the offer. So, they get all this, find out for sure what they can get for their home in the market, without all the Realtor® commissions or showings. Deal done. Get on with your life. For Investors & Buyers Real estate investors and buyers face a lot of the same frustrations, even if they have all cash and want to buy fast. The biggest standout challenge is connecting with serious sellers, finding those who aren’t burned out on junk marketing, getting to make them an offer, and just getting to sign purchase contracts. Kent says the average experienced investor who does the real math on their lead generation knows they are probably easily spending $3,500 to $5,000 a deal once they finally get one to the closing table, that’s okay, if they are making $50,000 on that property. Though they can bleed a lot more in drag time and dealing with the stress of gaps between deals. Even once they get one under contract, then they get the pleasure of navigating the hyper inefficient due diligence process. They’ve got to find a lot home inspector, get photos, have title done, and access a variety of fragmented records systems to know what they are really buying and 29 28

Realty411 Magazine Featuring Lee Arnold from Cogo Capital | Page 29