Buyer Contacting Question?

[Jeremiah J.]

I have been creating my buyer list based on the postings here and have a question I couldn't find an answer to. In regards to e-mailing or calling the we buy houses type ads is it best to mention that I am new to this and ask what they are looking for so I can make sure I dont send them leads they wouldnt be interested in to begin with? I dont want to gain the reputation of having junk deals so that my calls go ignored and e-mails trashed.

[Andrew Massaro]

"Mr. Buyer, your time is valuable, as is mine. So I don't ever want to waste your time by bringing you deals you don't want. That's why it's important for you to make your business, and your buying criteria and preferences, as transparent for me as possible.

For example, do you prefer block over frame? 3/2's or better, only? Or will you buy a 2/1 or 3/1? Are there any areas you like/don't like? Are you buying rentals, or do you plan on fixing and flipping. If rehabbing, do you go by % of ARV, instant equity, or how do you determine a deal?

Again, the more I know about your business, and what you're looking for, the easier and faster it'll be for both of us."

Jeremiah, put a sheet together with a list of questions. And, when you're speaking to a buyer, have it out and run down the list.

Good luck!