I gotta get my lead volume up on the cheap

I gotta get my lead volume up on the cheap

I have about 40 bandit signs out and about as well as putting my message on craigslist to get my phone to ring with leads. As it turns out, I'm getting more leads from CL than my bandit signs at a rate of 4 to 1.

But I need to get at least 2 calls a day to get a deal or 2 a month. How else can I get my message out on the cheap and get my cell phone to ring with motivated sellers?

Thanks-

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I seen the 80 ways to find buyers....

Now how about 80 ways to find motivated sellers? I'm surprised that no one has respond to this post. I see all kinds of ways to find buyers on this forum but hardly anything on finding motivated sellers. What gives?


more

Double your bandit signs and double your craigslist ads. You will get twice as many leads. Or you could try to convert the leads you are already getting by double. That would produce the same result as well

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You've got to find your obstacles and call them out! Unsheath the sword, and do battle with whatever it is that holds you back!


Try Expired Listings

JoeOh,

Have you tried contacting the expired listings in your area yet? This is a technique Carol Stinson suggested to find motivated sellers. This would be a list of sellers who listed their properties with realtors for a certain time frame, but the properties did not sell and they decided not to renew the listing with the realtors. If the homes were listed long enough, they are usually very motivated to sell. I have not received an expired listing in my area yet, I am still waiting on the cash sold list I requested from a realtor, per Matt Larson's conference call with Dean. I hope to receive that list this coming week, then I will ask for the expired listings. You may want to read jmblydenburgh's "Expired Listings Work!" post, and that should get you going: www.deangraziosi.com/real-estate-forums/my-deals/55980/expired-listings-... . I hope this helps.

Thank You,

JoyMD


I hear you...

JoeOh wrote:
Now how about 80 ways to find motivated sellers? I'm surprised that no one has respond to this post. I see all kinds of ways to find buyers on this forum but hardly anything on finding motivated sellers. What gives?

This is actually one of the things that I've been looking for...more information on finding motivated sellers. More importantly, it's really important to automate this process. You have to have the motivated sellers in order to have something for your buyers! So...I hear you. I'm trying the expired technique as well.
However, I want to find a better way to set up my marketing so the sellers call me! It can be done...and we'll get it done soon! I wish you the best!

God Bless!


More Motivated Seller Leads

I have some options for you to consider to build your motivated sellers list:

I track the short sale deals that are on the market for more than 90 days that have deals fall through or buyers growing weary. I go in with low offers.

I look in the tax records to see who is delinquent on their taxes and send mailers
to them.

I look for for rent signs that have been up for a while or look like they have gone up and back down a few times. I will contact that owner.

I look for out of state owners and send mailers to them.

I also look for other real estate investors who got themselves into a hard money loan and are desperate to sell...like now!!! Most times to just get the debt off their back!!! The rookies!!!

I have found out who the local REO listing offices use to place signs on properties that are going up on the MLS. They have given me a heads up on these properties.

I look for properties that were once listed as a short sale and are now pulled, but did not show up as sold. These are most likely going to go to auction now or very soon. It is a property to follow closely.

I have used probate filings as a good source of motivated seller leads too. You can go into any probate court with a file number you pulled from the public notices section and add a few that number to see if you can find the most recently probate filings.

I use facebook as a advertising source to reach not only my network, but there is an advertising option on there kind of like pay per click on google. the nice thing is that you can target certain areas, ages, genders, etc on this marketing.

You can set up a twitter account and gain a following about what to do in case of foreclosure or how to liquidate an estate when someone passes. You could even use the same theme for a blog and market the crude out of it.

I even drive neighborhoods that I am interested in and look for vacant or deferred maintenance houses. I ask neighbors in the area to refer people who want to sell to me and I will give them a referral fee.

I have networked with a variety of different real estate professionals who know that I will scratch their back if they scratch mine. I have agents referring leads to me that do not want to list with an agent. I will buy the property and relist it with that agent to get them their commission on the back end.

Loss mitigation companies are another good source or mortgage brokers that turn borrowers away due to not being able to help them....they can refer their clients to you as another option.

The possibilities are limitlss, you just have to see where the need is and put your name in that arena. Refererals can be some of the cheapest marketing you use, if you do it right.

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If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125