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Updated over 4 years ago on . Most recent reply
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Finding Motivated Sellers
I'm looking for the best and most efficient way of finding motivated sellers? I have real buyers in Mikwaukee, Chicago and Tampa, now my goal to create a seller pipeline.
Most Popular Reply
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Aaron Jones
I wish I could give you an easy answer like, go to www.findaseller.com but even if that is a real domain it's not going to do the job. A quick and easy solution could be to go to wholesalers in your target markets, they have already done the hard work for you. In this situation, you would be wholesaling a deal that was wholesaled to you, the shrinking profit margins make this challenging. Unfortunately if there was a quick and easy way, everyone would be doing it.
To build a pipeline you need to take consistent daily action to grow your database and nurture your leads. Do you already have a CRM and website? If not it's time to get those going.
Start with your SOI (sphere of influence). Call everyone you know and let them know you have buyers and are looking for sellers in your target markets. Jump on all of your social media accounts and post daily about your REI career, goals, etc. Ask your SOI for referrals to anyone they know looking to sell. From here expand into:
- Direct Mail
- Online Resources
- Networking
- Real Estate Agents
- Builders & Contractors
- Wholesalers
- Public Record
- Real Estate Auctions
- Driving For Dollars
Best of luck to you, and be sure to update to we can celebrate when you find a seller!