All Forum Posts by: Kyler B.
Kyler B. has started 2 posts and replied 35 times.
@LaHenria Holsey what zip code are you thinking about targeting?
If you're not sure, checkout the video walkthrough on how to find good zip codes with a lot of distressed homes on Propspector's YT channel
Happy to be a resource for you Maria!
Post: Strategies for building network with wholesalers..?
- Posts 38
- Votes 9
Quote from @Chris Seveney:
Quote from @Kyler B.:
Hi All,
I was hoping for some guidance on the best strategies for building my wholesalers network across the US? Been in FB groups, found ppl on Craigslist, done my own google searches, etc.
Wondering if anyone has a strategy for building a network with wholesalers?
99% of wholesalers in facebook groups are not wholesalers but try to be. You will want to join some REIA groups that are paid, and see who the wholesalers are in those groups. For working with a wholesaler it is always quality over quantity. Just my 2 cents.
Do you have any guidance on which REIA I should look at? I'm okay doing nationwide.
Hey Serge,
Welcome to BP!
Ping me if you ever want to talk WS!
Hey Markus,
Would love to connect - can you send me a PM with you contact info?
Quote from @Mark Weins:
Hi, I am regularly cold calling to get a wholesale deal but I am experiencing extremely low conversion rates and I do not know where I am going wrong at for this to be happening right now. For this month I have worked with a list of 1,000 people, dialed 5000 numbers, and cold called for 20 hours in total and have only gotten 1 lead out of this. The list I used was 600 high equity/vacant's and 400 divorcee's from propstream.
I think the biggest issue is that I am getting so few contacts with the correct property owner that after cold calling for 20 hours and 5000 calls the correct person only picks up 1% of the time. 90% of calls picked up go straight to automated voicemail and even when I connect with the right number, it goes to the owner's voicemail 80% of the time. For my data I use propstream for my lists and early on I also used propstream for my skiptracing for the first 600 people on my list, since then I have used batch skip tracing and i've been getting more contact but the numbers are still low. I call out of state with a Florida number, and call between 9-6pm EST.
The second issue is that for the owners that do pickup very few of them are even willing to sell their house and even hear a cash offer. Only 3 people in 5000 dials were even willing to hear a cash offer and 2 of them just hung up on me and said they weren't interested when I did not give them an offer on the spot.
Can somebody give me some advice on what I should do?
July 1-21 KPI's with MojoDialer
Comparison KPI
Two things that pop out to me:
1. You need to look at finding a differentiated list - try propspector.ai. You're likely calling a list that has already been targeted by people who have more experience and $$ than you.
2. You need to automate as much of your work as possible. Really think about your process, and see what can be automated. Some of the best wholesalers I know, have automated a so much of their processes to run their businesses that they only speak to qualified sellers.
Post: Strategies for building network with wholesalers..?
- Posts 38
- Votes 9
Quote from @Chris Seveney:
Quote from @Kyler B.:
Hi All,
I was hoping for some guidance on the best strategies for building my wholesalers network across the US? Been in FB groups, found ppl on Craigslist, done my own google searches, etc.
Wondering if anyone has a strategy for building a network with wholesalers?
99% of wholesalers in facebook groups are not wholesalers but try to be. You will want to join some REIA groups that are paid, and see who the wholesalers are in those groups. For working with a wholesaler it is always quality over quantity. Just my 2 cents.
Beautiful - thank you so much for that! I'll see what REIAs are available
Post: Strategies for building network with wholesalers..?
- Posts 38
- Votes 9
Hi All,
I was hoping for some guidance on the best strategies for building my wholesalers network across the US? Been in FB groups, found ppl on Craigslist, done my own google searches, etc.
Wondering if anyone has a strategy for building a network with wholesalers?
We've found a ton of physically distressed homes in Portland that could be good targets for WS
Quote from @Ashley Mason:
Hello everyone, I am a new agent in the Tampa Bay FL area. However, I have been in the RE industry for 15 years on the preservation side of things. I know it takes money to make money in this field, but I don't want to just throw money away. I know Zillow works and I am going to purchase connections from them, but does anyone have any other advice for building up my database? I am also trying to find a good mentor in my area to help me get from point A to Z at a much faster pace than I would be able to by myself. Have any recommendations?
Slightly confused - what type of leads are you looking for?