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Updated almost 8 years ago on . Most recent reply
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Getting more buyers than sellers
Hi everyone,
I'm about 1 month in on my business.
I have begun mailing to my absentee owner list and have placed bandit signs. I have averaged 1-3 calls a day with my bandit signs... all from local buyers
every single call has been a cash buyer asking to get on my list. I was anxious that finding buyers would be the harder part of the business. I'm starting to believe it will be the opposite.
is there anything else I could/should be doing to attract sellers? all of my signs are targeted towards sellers yet its buyers calling.
I'm in the Minneapolis area and I have learned that inventory here is low since wholesalers are in competition with the first time homebuyers
Most Popular Reply
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That's the market cycle we're in at the moment. Plenty of buyers, not very many deals. It's a great time to have a deal to sell, not a very great time to be looking for one though...