Coronavirus=75% increase in seller leads?(Here’s what I’m seeing)

[William Allen]

Hey everyone. I wanted to share a quick update.

Nobody knows how the coronavirus is going to hit real estate investors.

But here’s one thing I’m seeing in my business right now…

The other day, I asked my team to analyze our lead flow over the past 2 weeks in the 3 markets where we’re flipping and wholesaling houses.

This is what we found…

• - In Pensacola, our leads from Google ads INCREASED by 17%.
• - In Chattanooga, our leads from Google ads INCREASED by 75%.
• - In Nashville, our leads from Facebook ads INCREASED by 60%.

This is a pretty big swing.

These are qualified leads (meaning they’re real sellers with real motivation), not just random callers.

And this change happened in just 2 weeks.

(While the virus was ramping up and the stock market was trending down.)

I have no idea where the numbers will go next week or next month, but this is one example of how things are "shifting" in the real estate investing world right now.

I’m not saying it’s a good thing or a bad thing.

It’s just change.

And my goal is to stay on top of these changes so I can share what I’m seeing with you and the rest of the real estate community.

(That's ALL I've been doing the past couple weeks.)

[Mark Gliebe]

@William Allen I would be interested to hear your analysis on why you think that is?  What is leading to that increase in motivating sellers?