Want to know the secret to successful property sourcing? Here are the top lessons from today's episode with Jordan Smethurst: 1. You’ll never ‘fail’, just make mistakes, learn, and try again. Building resilience is key in property sourcing and investing. 2. Sales skills are crucial for building resilience. They enhance your ability to connect with others and effectively communicate your value, both of which are key to expanding your business. 3. Property sourcing is more than finding a deal. It’s about adding value, being proactive, and going the extra mile for investors. 4. Property sourcing isn’t scalable if you only post deals and just wait for investors to come to you. You need to add something more to stand out and get noticed by investors. 5. It’s important to build goals related to your business growth, not extrinsic motivations. Stay focused on your long-term vision. 6. Area value matters more than just street value. When evaluating properties, understand the entire area's market potential, not just a specific street’s value. 7. Sourcing is the foundation for your future projects. Once you build credibility with investors, you can find funding solutions for your own deals. 8. Understand the fundamentals of deal stacking, working with agents, and investors. 9. Look for mentors who are currently engaged in sourcing or development every single day, not just part-time, to gain real, practical insights. 10. Personal branding is a game-changer. People buy into people, so building your brand and network is essential for trust and credibility. 11. Don’t call yourself a property sourcer. 12. Know your products and the industry. Understanding the market deeply is critical when speaking to investors. 13. Get out there and make calls. Paid ads, outreach, and data buying will help you get noticed and build relationships in the industry.
Want to know the secret to successful property sourcing?
Here are the top lessons from today's episode with Jordan Smethurst:
1. You’ll never ‘fail’, just make mistakes, learn, and try again. Building resilience is key in property sourcing and investing.
2. Sales skills are crucial for building resilience. They enhance your ability to connect with others and effectively communicate your value, both of which are key to expanding your business.
3. Property sourcing is more than finding a deal. It’s about adding value, being proactive, and going the extra mile for investors.
4. Property sourcing isn’t scalable if you only post deals and just wait for investors to come to you. You need to add something more to stand out and get noticed by investors.
5. It’s important to build goals related to your business growth, not extrinsic motivations. Stay focused on your long-term vision.
6. Area value matters more than just street value. When evaluating properties, understand the entire area's market potential, not just a specific street’s value.
7. Sourcing is the foundation for your future projects. Once you build credibility with investors, you can find funding solutions for your own deals.
8. Understand the fundamentals of deal stacking, working with agents, and investors.
9. Look for mentors who are currently engaged in sourcing or development every single day, not just part-time, to gain real, practical insights.
10. Personal branding is a game-changer. People buy into people, so building your brand and network is essential for trust and credibility.
11. Don’t call yourself a property sourcer.
12. Know your products and the industry. Understanding the market deeply is critical when speaking to investors.
13. Get out there and make calls. Paid ads, outreach, and data buying will help you get noticed and build relationships in the industry.
Really glad I’ve come across this! Really insightful, thank you🙏
Glad you’ve enjoyed it! Thanks for watching 🤝
So amazing, Loved it!! Really got to learn so much from Mr Smethurst, and his insight into property
Jordan is one of those who’s been there and done it! Glad you’ve found some value 🙏🏼