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Updated over 2 years ago on . Most recent reply
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You cant target motivation
To all new investors, who are driving for dollars and looking for distressed-looking houses, stop wasting your time. This comes from an investor who used to walk around and door knocking on distressed houses, get yelled at and barked at. There is no correlation between motivation and boarded-up windows, long grass, or car in the front yard. I'm not saying that you can not find a motivated seller that has a distressed-looking house, I'm saying that I spent months door knocking and had success 1%-2% so how can I conclude they are motivated? Let's think about this, a restaurant doesn't door knock asking if people are hungry.
Focus on being in a position for motivated sellers to find you when they are ready to sell their house, the condition of the house and their situation is irrelevant. If someone takes the time and energy to google (cash for my house fast, who buys houses for cash, I need to sell my house for cash fast) then goes through the time and energy to fill out their information on a website and ends up as a seller lead they have qualified themself. I'd rather have motivated sellers come to me this way than try to find a needle in a haystack each month
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Quote from @Dom Battezzato:
To all new investors, who are driving for dollars and looking for distressed-looking houses, stop wasting your time. This comes from an investor who used to walk around and door knocking on distressed houses, get yelled at and barked at. There is no correlation between motivation and boarded-up windows, long grass, or car in the front yard. I'm not saying that you can not find a motivated seller that has a distressed-looking house, I'm saying that I spent months door knocking and had success 1%-2% so how can I conclude they are motivated? Let's think about this, a restaurant doesn't door knock asking if people are hungry.
Focus on being in a position for motivated sellers to find you when they are ready to sell their house, the condition of the house and their situation is irrelevant. If someone takes the time and energy to google (cash for my house fast, who buys houses for cash, I need to sell my house for cash fast) then goes through the time and energy to fill out their information on a website and ends up as a seller lead they have qualified themself. I'd rather have motivated sellers come to me this way than try to find a needle in a haystack each month
- Don Konipol
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