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Wholesaling
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Updated almost 7 years ago on . Most recent reply

User Stats

6
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3
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Athena Cole
  • Real Estate Investor
  • Houston, TX
3
Votes |
6
Posts

Wholesaling, does anyone cold call?

Athena Cole
  • Real Estate Investor
  • Houston, TX
Posted

I'm just getting started wholesaling and while I am going the direct mail route, my budget is very limited. I was wondering if anyone was finding success through cold calling?

And if so, what sellers are the best to target?

Any other advice is EXTREMELY welcomed!

Thanks!

Most Popular Reply

User Stats

223
Posts
185
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Ethan Summers
  • Austin, TX
185
Votes |
223
Posts
Ethan Summers
  • Austin, TX
Replied

Most real estate investors and realtors fear the hang up or are not able to locate correct phone numbers for the sellers they are looking for. This leads to them paying crazy amounts of money in direct mail just to get a deal. When i first started investing in real estate this was a huge problem dumping money into direct mail and not seeing a great return on my investment. That’s when my business partner and I began skip tracing phone numbers for potential sellers that were on our direct mail list and calling them directly. I then set followup sequences inside of my CRM which notifies me when it's time to give a cold lead a ring again.I've seen my response rate go from a 1-2% to around a 4-7% increase when i added cold calling.The beautiful thing is this entire process is now outsourced and it makes my business more profitable and gives me more time during the day. Let's keep ringing potential sellers directly it works wonders. Feel free to comment and tell any crazy cold call stories i tend to get a good laugh out of them and any questions you may have i’d love to help.

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