Well I guess it was bound to happen again. Another Real Estate training company is coming to town. They have blasted commercials for the last month over just about every radio station in Amarillo. “Make big money flipping houses right here in Amarillo! You don’t need any cash or credit! Come to our FREE seminar!” In other words… “Get rich quick flipping houses!”
Recently News Channel 10 called me and asked if they could come interview us and ask a few questions about these types of seminars. I hate being on camera but I would be crazy to turn down that kind of free publicity. I asked them why they chose us. They told me that they had done their research on my company and that, in their opinion, we were the most established and reputable company in Amarillo. They knew that we have been in business for over 10 years. They called around and checked us out with the Amarillo Association of Realtors and the Better Business Bureau. They liked the fact that we have an actual office with regular business hours. They just felt like we were the real deal.
During the interview they asked us many questions about Real Estate Investing here in Amarillo. But their main focus was on the ‘free seminar.’ They wanted to know if it was a scam or not. They also wanted to know if House Flipping in Amarillo was a scam or not. I gave them my honest opinion. There is no business in the world that can be a success without hard work. I also told them that in order to have a successful house flipping company that you would need some capital and good credit. I told them that a lot of people were going to have their hopes dashed once they found out that the ‘free’ seminar was just a big sales pitch.
But I also told them that if they were looking for victims that they were looking in the wrong place! Sure many people would get caught up in the hype and excitement of this seminar and they would max out their credit cards. Some would succeed and some would fail. But the real victims are the unsuspecting home owners who would try to do business with these newly-trained, eager, so-called Real Estate Investors!
Every time a seminar like this comes to town there will be dozens of would-be Real Estate Investors that pop up. They know what to say and they seem legit. They know just enough to be dangerous. The problem is that they have no money! I mean, after all, isn’t that what the seminar was focusing on? People with no money and no credit? How can this person possibly be a ‘House Buyer?’ They simply want to tie your house up with a contract and try to resell it to a real investor, like me. They want to be a middle man or middle woman. But make no mistake, they do not have the ability to buy your house. They are a waste of your time. The really sad thing is that they are dealing with people who are in really desperate situations. People who have lost their jobs. People who are facing divorce or foreclosure. People who desperately need to sell fast. These are the people who can least afford to play games when it comes to selling their house! In the end, it is the unsuspecting homeowner who falls victim to real estate seminars and the fly-by-night investors that they create.
If you need to sell your house fast, make sure you deal with a real company. A company who has been in business for years. One who can give you many references. One who is a member of the Better Business Bureau. Ask lots of questions and do your homework. If you would like more information on how to avoid being scammed click here Are Real Estate Investors Trying to Scam You? Of better yet, give me a call at 806-359-7653.
