Did you know - you can make money from foreclosure consulting even if you know absolutely nothing about it? You don’t even have to learn about it. All you’ve got to do is join an “affiliate program” for a company that offers this service and refer your foreclosure leads to it. That’s it - when some of your foreclosure leads decide to purchase foreclosure consultation/loss mitigation assistance, you get paid.
Period.
(Note - this is part of the Internet Secrets For Nationwide Real Estate Investing Series - check out the other parts of this series here on FreeRealEstateTraining.com!)
That’s the essence of Affiliate Programs - you get to make money from products and services about which you know little or nothing, but in which your website visitors may have an interest.
And sometimes the numbers can be very significant. There’s a particular high-end credit repair program that pays around $2,000 per referral. (How many of those would it take to change your income situation?)
Affiliate marketing is a great way to expand the income potential of your real estate website. If you’ve followed my advice and set up a website that is collecting contact information from your visitors, you’re already most of the way to having a successful affiliate program. All you have to do then is send out an email to your list and include a link to the affiliate product you are marketing. Some of your readers will probably make a purchase, and you’ll get income as a result.
There are many, many affiliate programs for people like yourself who are focused on real estate. The easiest way to find them is to enter these words into a google search box:
+affiliate +”real estate investing”
(Be sure to enter both the plus signs and the quotation marks!)
Affiliate marketing has made a fortune for many internet marketers. Whether it will make a fortune for you is up to you. But what is certain is that by selling other people’s products and services, you make it possible to dramatically expand the width of the market that you can target, and your income can increase by hundreds or thousands every month…
…with next to no additional effort.
Have a great day!
SECURE & CONFIDENTIAL
7 Comments So Far»
The problem with too many of these “affiliate programs” is that they are nothing more than a scam. If a person values their leads/customers they had better know something about the affiliate they are referring their customer to. I personally would not want to refer a customer to a product or service that they could get far better or cheaper, even if I recieved some benefit from that referral.
Also, here in Washington state, like several other states, there are laws governing “foreclosure consulting”. With the penalties being upwards of $100K for violation. I would think twice about
a) becoming a foreclosure consultant in one of these states and
b) referrals to a foreclosure consultant in one of these states.
As the law in Washington state is too new and so poorly drafted, it is unclear just whom, and to what degree, the effect will be.
How do I know if the affiliates will be honest and actually pay me for the referals?
That’s a good question. The safest route is to sell products from highly regarded affiliate-oriented companies like ClickBank or Commission Junction. Once you do that for a while, you’ll learn who has a good reputation so you can set up direct relationships. — Bryan Ellis
I agree with Gary. If you are not a customer of the product, can you really feel confident about endorsing that product to your subscribers/readers? I think it makes sense to only advertise for a product that you know has value. But then again, I am VERY new to this industry…
First thank you Bryan for your article.
Second, I agree with Gary, Jay & Kalimah point that must you due your due-diligence before refer your clients list to JV products.
Third, Jay point of using ClickBank & Commission Junction is excellent.
But Gary as a Mortgage Banker/ Real Estate Investor - alot of scams take advantage of people in foreclosure crisis, usally the same LO who sold them the products 3 yrs ago. So I advise every one to check their Attorney Generals Office &/or BBB before any money is exchanged.
The Honest companies stress the win-win-win attitude and offer a “Free” consultation before any financial commitment.
Mario
You held a webanar on “How To Get Your Web Site To #1 on Google” with John Alexander a while back. Where can I get a copy/replay of that excellent presentation?
Thanks
Joe
I get a myriad of these offers from real estate “consultants” every day. At first I paid some attention to them because of the reputation of the consultant, but then I realized that these folks were just doing what you described above and not imparting helpful advice as I had falsely assumed by the wording.
Everyone is just about selling something. It is really starting to get very old. The funny thing is when you get the same “advertisement” from a FEW of these “consultants”! It’s fun to see the next, latest and greatest, RE system craze, and which “consultant” heard it first!
I prefer to stand on my own reputation. I research my own companies. I refer them to my clients. I have concern for my affiliates. Call me old fashioned, but I sleep better at night doing business this way, having referred too many programs with false promises and eating humble pie one time too many.
Affiliate marketing is a very good way to enter the internet marketing without alot of money. It is like the McDonnals of the internet in that you receive a product and a marketing plan as a affiliate. Some companies even supply you with a web site.
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