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Motivated sellers in divorce?
Can motivated seller leads be found through people going through divorce? Is it a bad idea to send direct mail to divorce lawyers asking if they have clients that want to sell their homes during their divorce?
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Originally posted by @Tony Marcelle:
Can motivated seller leads be found through people going through divorce? Is it a bad idea to send direct mail to divorce lawyers asking if they have clients that want to sell their homes during their divorce?
The lawyers will ignore you. They can't give away that kind of confidential information. Besides, you need both signatures of the couple in most cases and in most states. How likely are they going to be to sell without getting an official real estate opinion of the property? If they are going through a divorce, the court will probably require an appraisal.
There are far better ways to find motivated sellers. After the divorce has settled in and one party is trying to make the payments instead of having two people make the payments, reality sets in of how stupid getting a divorce was in the first place. THEN they are motivated. I've seen it over and over again, a couple could have worked out the issues, (Yes in most cases they can) but they won't just step back and take a deep breath and think about what they are doing, They married for a reason and that reason still exists. By the way, I've been married to my one and only wife for 40 years. Yes, had tough times, that's why I know what I know. We got through it, together. On purpose, together. The good times do come again. ;-)
You will just have to wait until they realize they can't make the payment on their own.