The Wholesaler Key Performance Indicators (KPI's)

The Wholesaler Key Performance Indicators (KPI's)

Vendor · Syracuse, NY · Member since 2012 · 2 posts · 1 vote

Recently inspired by the book & Podcast "The ONE Thing" - A question that is constantly asked is - "What is the ONE thing I can do that will make everything else easier or unnecessary?"

I would like to start the conversation about what are the most important things we can be focused on as wholesalers to achieve extraordinary results.

What are the daily tasks that are measurable we can do every single day that will have the MOST impact?

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What is the mechanism for tracking these activities? Is there a tool we can use that will help us track our daily activities to keep us accountable to that daily activity? 

If you are an experienced Wholesaler, what do YOU do to stay on track and stay focused on what matters most?

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Paul AmegatcherPro Member
Rental Property Investor · Brookville, OH · Member since 2016 · 488 posts · 363 votes
8y

Creating a pipeline of leads whether through direct mail or networking with other Investors. Also following up with leads that come in. Wholesaling requires focus and consistency. Daily tasks include checking Craigslist for new properties (Automated with IFTTT), setuping criteria in Zillow, Redfin, Realtor dot com to send you daily listings immediately, and calling incoming leads back.  No magic bullet just grind and hustle.

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  • Dayton, OH · Member since 2017 · 24 posts · 10 votes
    8y
    I wouldn't call myself experienced but from what I've been reading following up with people consistently has a large impact on getting a deal.
  • Paul AmegatcherPro Member
    Rental Property Investor · Brookville, OH · Member since 2016 · 488 posts · 363 votes
    8y

    Creating a pipeline of leads whether through direct mail or networking with other Investors. Also following up with leads that come in. Wholesaling requires focus and consistency. Daily tasks include checking Craigslist for new properties (Automated with IFTTT), setuping criteria in Zillow, Redfin, Realtor dot com to send you daily listings immediately, and calling incoming leads back.  No magic bullet just grind and hustle.

  • Marietta, GA · Member since 2017 · 8 posts · 4 votes
    8y

    @Jordan Potter check out this blog post on BP about the seven essentials to help with daily tasks and making things more automated so we have more time for things like talking to people. 

    7 Intuitive Tech Tools To Streamline Wholesaling

  • Rental Property Investor · Encino, CA · Member since 2016 · 324 posts · 178 votes
    8y

    Talk to 10 new people a day

  • Vendor · Syracuse, NY · Member since 2012 · 2 posts · 1 vote
    8y

    Thanks for the commentary guys! 

    Does anyone use a spreadsheet to track daily activities?

  • Charlotte, NC · Member since 2015 · 4 posts · 4 votes
    8y

    To simplify it, have multiple resources for leads. Evaluation different properties in several locations. Memorize repair cost for different conditions in houses. Calling leads, or responding to calls from sellers and take the time to hear their problem so you can solve it to make money. Then go to Meetup’s to meet with several buyers in you city or state. Basically stay busy with that and social media like here. It sounds like a lot but you will get used to it if your consistent. I use Podio to track everything and keep me organized. I also work with others that help with my system and marketing, but more importantly, to keep accountability. Hope that helps. 

  • Flipper/Rehabber · Auburn, AL · Member since 2015 · 53 posts · 15 votes
    7y
    Originally posted by @Jordan Potter:

    Thanks for the commentary guys! 

    Does anyone use a spreadsheet to track daily activities?

    Did you ever come up with a spreadsheet or other resources to track your KPIs? 

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