Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Alex Lambert
  • Real Estate Agent
  • Fort Worth, TX
5
Votes |
11
Posts

COLD CALLING ADVICE NEEDED!!

Alex Lambert
  • Real Estate Agent
  • Fort Worth, TX
Posted

Hello all,

I am adding Cold Calling into my weekly marketing schedule.

As of now I use bandit signs, FB ads, Direct Mail, Door knocking and a few other marketing strategies but have literally ZERO experience cold calling to find deals.

Here are a few things I am curious of.

-What list(s) are you calling?

-Where are you getting phone #'s?

-How often are you contacting them?

-What automation(if any) are you using?

If you could please provide me with some advice on this topic I would greatly appreciate it!

Thx,

Alex Lambert

Most Popular Reply

User Stats

3,440
Posts
3,644
Votes
Michael Quarles#1 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Bakersfield, CA
3,644
Votes |
3,440
Posts
Michael Quarles#1 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Bakersfield, CA
Replied
Originally posted by @Alex Lambert:

Hello all,

I am adding Cold Calling into my weekly marketing schedule.

As of now I use bandit signs, FB ads, Direct Mail, Door knocking and a few other marketing strategies but have literally ZERO experience cold calling to find deals.

Here are a few things I am curious of.

-What list(s) are you calling?

-Where are you getting phone #'s?

-How often are you contacting them?

-What automation(if any) are you using?

If you could please provide me with some advice on this topic I would greatly appreciate it!

Thx,

Alex Lambert

 Hello Alex...

As mentioned cold calling can be brutal however very profitable. Besides the experience youll gain talking to people will come in handy later...

Lets start with automation..

In the old days we had a binder system that we would use with days of the month dividers and a property profile we would insert into the appropriate date. Everyday we would open the binder and call all of the contacts for the day...

Today's CRM is a lot easier... Heck we can call out of our CRM and it auto schedules to call and if I wanted it could auto blast dial for me. I find that it is better to make live calls however. 

As to list. The good list IMHO is on zillow.com just use their search tool for FSBOer and FRBOers and make an appoint to buy a house. The other good list which isnt really a warn list are car magazines and junk sale magazines. Reason is is that there is a coloration between selling junk (decluttering) and moving. Besides these people will answer their phone since they have placed advertisement somewhere.

The Best list to cold call and its not really a cold call is  the list of contacts saved on your phone. 

After that all of the past callers. from day one of marketing.. Problem there is most people dont have a way to auto create that list.. We have solved that issue.

You didnt ask about a script however here is ours..

Hi, my name is __________with I Buy Houses… We are looking for 3 and 4 bedroom homes in your neighborhood…And I was wondering…who do you know that is looking to move out of your area? (No one) Fantastic!

Thank you for taking the time to think about it.. By the way

Have you thought about selling? (Their Answer) Terrific!

If they want to sell go to your standard questionnaire if not thank them and hang up.

Lastly we track everything and use this with success. Tracking Form

Good Hunting

Loading replies...