Finding Motivated Sellers
Hi: I am a salesperson for some investors in my area. The investor that I am working with directly(been here now 2 wks) is a locator. He finds properties for his company. What is the best way to find properties that belong to motivated sellers? Has anyone had luck by using certain techniques or targetting a certain segment of the market?
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There are numerous ways to do this. Foreclosures, advertising ("we buy houses"
, driving neighborhoods looking for abandoned or properties that appear in disrepair. These are only a few of the ways to find motivated sellers.
There a lots more techniques and I'm sure other will chip in with their preferred methods.
Robert
[addsig]
Sellisny,
I am confused. You work for an investor that is a locator that finds properties for his company? So, you work for a Biddog that Birddogs for his company that has you Birddogging for him?
I know you folks in New York do things differently and are usually on the cutting edge of business, but I fail to understand what it is you are trying to accomplish.
If he finds the properties for his company, can you explain where you come in.
Dave
[addsig]
Actually, I sell the houses for a group of investors..they have a salesteam basically...houses that are available/empty/renovated. I work directly with one of the partners (locator/dealmaker/renovator). He has been complaining that his methods of finding sellers(motivated) are not as productive as say 2 yrs ago. I was wondering what the best tried and true methods of finding these houses are?