Getting the Most out of Foreclosure Bus Tours
All Las Vegas Foreclosure Bus Tours are not created equal, as some realtors around Las Vegas and the rest of the country don’t put a lot of effort into the process, other than just putting a group of people on a bus and driving them around a city and showing them Foreclosures.
If you are contemplating taking a Foreclosure Bus Tour to learn about Foreclosures with us or any other realtor you should be aware of what type of preparation has gone into the process from the realtor’s perspective, as this in many cases will determine how effective the process is.
We do a great deal of preparation work on the front end including using our own in-house dedicated team of Foreclosure and “REO” (Real Estate Owned) Realtors to research and pre-screen Las Vegas Foreclosure home inventory so each tour is effective for attendees.
We typically spend 5-15 minutes in each home that is on the Foreclosure Bus Tour and usually visit 10-15 homes during a three hour tour, on average – some realtors charge investors for attending a tour, we don’t charge any fees whatsoever.
We have a dedicated Foreclosure Bus Tour Team Leader on our luxury coach bus who gives a presentation to our potential clients as we drive to and through multiple communities. Our Team Leaders tries to give as much background as possible on the neighborhoods we are visiting and individual homes and he/she also answers questions from people on the Foreclosure Bus Tour.
Many people have questions about financing during the Foreclosure Bus and may want on the spot financing; so we have a representative from EVOFI Corporation, our Preferred Partner for Mortgage Loans, who attends each Foreclosure Bus Tour to address any questions from tour attendees and/or work with them to start a loan process on the spot.
At the conclusion of each Foreclosure Bus Tour we bring all attendees back to our Corporate Training Center where we serve a light lunch and give a short presentation and address any questions that tour participants may have.
Education is an integral part of each Las Vegas Foreclosure Bus Tour – we believe it is important for people to not only see potential homes they want to purchase but to have a good understanding of market conditions and the overall big picture that may impact their purchase decision.