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Updated over 4 years ago on . Most recent reply
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Skip tracing owners phone numbers
I have talked to a few investors that get phone numbers of people on certain lists and call them directly it seems like a big advantage. I was told they would sell me the list for a dollar a name and number. But the list is in areas I don't like and the areas I like the investor likes too so its a conflict. Does anyone have any resources on a company I can pay to get that information from?
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Hey @Jeffrey Carusotto! I understand the issue you're having, and I found that there was no viable solution when we first started out. Using services like findtheseller.com are good for one-off leads; however, we were looking for numbers for our whole list (like 2,000 leads). Additionally, the pricing is not economical for bulk data. I think they charge $750 for 100 leads, and I've seen other companies charge $300 for 50 leads...ouch! To meet this need in my company, we actually went through the licensing process to gain access to several skip tracing tools, and I have about 6 accounts that I use to generate extremely accurate phone numbers (94% accuracy rate). We started doing this for ourselves first and landed a several wholesale deals. It was cheaper and quicker finding the numbers and calling sellers directly instead of saturating a whole area with direct mail and hoping that the phone rings. Doing large direct mail campaigns early in our career was like throwing money down the drain and it hurts when your funds are limited. Now we're skip tracing and cold calling lists for local companies here in Charleston for a flat monthly rate. We only send them the qualified sellers based on their criteria they give us, and we followup with the other sellers at least 7 times because follow up is so crucial in investing.
My market is pretty competitive, so brokers and rehabbers came to us to get a leg up on the competition. While I love direct mail, the sellers have almost become numb to it because there are so many new "investors" entering the market every year. So cold calling sellers is the way we get a leg up on our competition. I imagine that this is the case nationally, also. What we do is tedious and requires thick skin, but my company is doing this for 3 clients now, and we perfected our processes. We noticed that people a lot of people hate cold calling, but we love it.lol. It only takes me about 4 minutes per record to skip trace so I can usually have a list of 1000 leads done within a week. Message me if you're interested, and I can definitely help you out. I don't want to mention my consulting company's name on here because I want to respect the solicitation poclies on BP. However, since you asked about a service, I felt it was appropriate to mention that my consulting company does this for investors and clients. Based on my research, I don't think there is a company that is doing what we're offering. Yet, there is a HUGE need for this in our community. We are in the process of launching our website so investors and brokers nationally can utilize it without breaking the bank. I think we provide more value to our clients than a similar-price direct mail campaign. Keep your head up!