Marketing to Buyers and Sellers

Ok. Hypothetically speaking, let say you found you realtor team. If they found you a great bank owned deal on an REO, & you locked it up under contract, how would you find buyers IF you had none? Throw out bandit signs around where the property is, intersections, etc.? Craigslist? And, how could you do it without the realtor finding out you're advertising it (legally) ? How would you let the buyer in to check out the house? Introduce the buyer as an inspector and explain it to him before you go inside or ?

And, once you find buyers, how would you explain the deal, the fact that it's through a realtor, the realtor commission? Or, would you not tell the potential buyer the source? You wouldn't have to, esp. if you use transaction funding, am I correct?

Ok, I have a seller that has a house he built in 2006.

He has relocated out of state for his job and is not coming back.

Here are the details, this property is not under contract yet so no address will be given.

Gorgeous 2 Story, 4 bedroom 3 bath 2585 sqft home on a 1.05 acre lot in an up and coming subdivision, built in 2006.

Full finished walk out basement.

Open floor plan

Central Air

FHA-Gas Heat

2 Fireplaces. One in great room, other in basement

929 Sqft 3 car garage

Porch 163 sqft

Deck 312 sqft

Patio 312 sqft

Owner wants $370,000 o.b.o

ARV = $336,968

Assessed Value = $426,180

Original listing: 5/2007 $459,000

Owner will take less for a cash purchase and a fast closing.

Comps for the area are as follows.

These short funny movies were graciously allowed to be reposted by Megan. I truly appreciate that and hope these movies are seen in the light of learning that they were meant to be viewed.

Also, these come with a language warning and you need to make sure no children are within hearing distance!!!!!

If you are at all sensitive to profanity, these are NOT the videos for you to watch.

However, if you can overlook some of the words, I'm sure you'll appreciate the very very funny dialog.

It shows why Realtors have problems with buyers and sellers. It is my attempt to balance my viewpoint on Realtors as I usually am not so kind to them.

Buyer Movie
http://www.xtranormal.com/watch/7224355/

Seller Movie
http://www.xtranormal.com/watch/7214397/

I had to share this little movie on real estate investors and real estate agents. This is so typical.

http://www.youtube.com/watch?v=Ul59yUWhmqQ

what is lieu of assisting of a loan..??

I have been doing some mailings to probates in my area recently.

Ive got a girl who goes to the courthouse & pulls all the probate files for me then cross references them with tax records & MLS. With this particular list we are getting a horrible delivery rate... I'm talking about 70+ percent are coming back as undeliverable. I heard a tip today about under the address writing "Return Service Requested" which May help increase the amount that actually get delivered because I guess that some type of research is done by the post office to skip trace the new address.

Has anyone tested this?

Hi DG Community, My question this time is, what is common when splitting the profits from a flip amongst the investor and the (all cash deal)financier? Is it usually done by percentage? Does it vary from deal to deal? If there's more or less work in rehab for the investor, does that change things? I'd like to know how others are working this. Thanks, Johnacus

This story just in about cash rich investors scooping up properties and not the end buyers. Obviously, the end buyers are needed to make the housing recovery work. Therefore, just be careful with what you are doing as you don't want to be standing up when the music stops in this game of RE musical chairs.

http://www.msnbc.msn.com/id/41735233/ns/business-real_estate/

Just buying property to be buying it when you don't have an exit strategy can be financial suicide.

Go to your local FSBO websites. Find the properties that have had major updates and look brand new. Call or email the seller if they are in the house flipping business. I found two more cash buyers this way today.

How much would a regular radio commercial cost? I asked Kenny Rushing this on FB, but he won't say unless you get his coaching program. He says he's getting calls off the hook, though. I dunno... Would it work for ca$h buyers?

Check out his radio commercial link here:

http://www.youtube.com/watch?v=ZcPQvgAf1Xg