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RUNNING A SUCCESSFUL <strong>REIA</strong> MEETING<br />

everyone in the room what they want. Some people are there for the<br />

education. Some are there for the networking. Some are there <strong>to</strong><br />

loan money <strong>to</strong> others. Some are there <strong>to</strong> wholesale deals. Why not<br />

encourage all of these things? Believe it or not, this “forced<br />

networking” actually increases sales as well, since it starts the<br />

meeting off on the right foot.<br />

“Have's and Wants” Networking<br />

"Haves and Wants" is another form of networking that's very<br />

valuable <strong>to</strong> your audience. I've seen many <strong>REIA</strong>s do a version of<br />

this, but it basically works like this:<br />

The host of the meeting explains that "Haves and Wants" is a quick<br />

session where anyone in the room can have a microphone for 30<br />

seconds and share anything they have that could benefit others in the<br />

room (could be a property for sale, a service they offer, etc...) or<br />

want (they're looking for rental properties that are 2-3 bedrooms in<br />

Jefferson County, etc...).<br />

It's simple, but it gets the energy up in the room and if done<br />

correctly, it can be done in ten minutes. It's a great way <strong>to</strong> start out a<br />

meeting if people in the room are active inves<strong>to</strong>rs and doing deals. If<br />

your room is not as active and consists more of new inves<strong>to</strong>rs, you<br />

might be better of sticking with "forced networking" discussed<br />

above.<br />

Keep in mind that if you want <strong>to</strong> get your main speaker started on<br />

time, it’s going <strong>to</strong> be really hard <strong>to</strong> squeeze in “forced networking”<br />

and also have time for “Haves and Wants.” You may choose <strong>to</strong> pick<br />

one or the other, so that you can wrap up quickly and get <strong>to</strong> the main<br />

event.<br />

Questions<br />

Questions are a common part of many presentations. Some people<br />

will develop questions based solely on the information being<br />

144

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