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Updated over 8 years ago on . Most recent reply
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New to the Community:
My name is April along with my husband, Tony Banks. We're looking to increase our
list of buyers who are actively purchasing properties in the Kansas City area. Also, we would like to learn as much as possible in the real estate business.
Most Popular Reply
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To build a buyer's list . . . how long will this take . . . I have been investing in real estate since 2000 and I have been build a buyers list since then, so for me, so far it has taken 16 years.
Buyers come and buyers go . . . it just takes finding 3 or 4 good buyers that can buy everything you can generate, however, those 3 or 4 change over time. So I am continually seeking out new buyers.
To get your list started initially, it takes a while, just depends on how diligent you are about connecting with people, finding out who are buyers, collecting their contact information and adding it to your database.
Then again if you have a wholesale that is all tied up properly, you can probably listed it in the market place (depending on if you are a free or a paid user) and send it out to all the buyers on the BP list.
And as I know you are in Kansas City - you could also join the local REIA, activate your free website and publish your wholesale properties on that site and have it go out to the entire MAREI buyer list, social media list and MAREI websites.
The thing to remember is when ever you talk to an investor online, on the phone or online, to find out what it is that they buy, where they buy it, how many they buy and the best way to communicate with them. Then put that in your database to keep track.
The keeping track is what became tough for me.