As you may already know, establishing a list of investor buyers is a crucial first step in wholesale real estate. CraigsList is a great free tool that you can use to build your buyer list. Often people will see one or both of the many ways you can use CraigsList to build a list of buyers, but in this article, I will share some of my better strategies for building a huge buyer list using CraigsList.
First, you can post a sale for sale to get an investor's inquiry and then ask if they want to add it to your buyer list. This method is often how wholesalers build their lists. For those who don't have their own transactions, I will add a little trouble to the market... If you can help them sell their trades, you can ask other investors for free. Then, with their permission, you can market their deals, talk to more investors and build your list at the same time.
Second, you can check the transactions issued by other investors. Don't be afraid to ask for more information about other investor transactions. Find out what makes it a great deal. Learn about investor discounts on various types of homes. Know the cash flow in your market. In doing so, you will be able to understand the local market while establishing a list of real estate investor buyers.
Third, you can contact an investor who has a property for rent. Many people ignore this good way to meet new investors and build lists. What are the benefits of people renting a property? They are already investors. You know they have at least one investment property, which makes them a better quality buyer than just someone who asks for your trade.
A good thing to build a buyer list based on the actual owner of the property - just like those who own or sell a property - you know they are serious investors who have previously purchased at least one piece of real estate. You will find that many buyers who ask for a deal may be new or first-time investors. Put them on your list, but between the first investor and the investor who already owns the property, I would rather have an experienced investor on my list.
Fourth, advertising for real estate. Not only can you find the transaction, but other investors may call you to add you to their buyer list, which you can add to your buyer list.
Fifth, place real estate service advertisements. If you are planning to buy a home or find a deal for people, consider advertising the real estate service section as a bird or wholesaler and in this way attract more buyers to your list.
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Sixth, be creative. For example, I post an ad in the "Free Materials" section and give a list of real estate courses and deals. You can also be creative.
Using these six methods, you can easily build a list of buyers for 300 people in a month in a moderately sized city. To get 300 points in a month, if you work 30 days in a month, then you must reach 10 points a day. This is a quick drop and the estimated number of buyers added:
- Publish one ad of your own trade per day or another investor's transaction that you have the right to market [3 different attributes are posted one per day, repeated every 3 days]. Add 1 to 2 buyers per day.
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- Post 1 ad in real estate every 3 days. Add 1 or 2 buyers per week.
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- Post 1 ad in real estate service every 3 days. Add 1 or 2 buyers per week.
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- Post 1 ad in "Free Materials" and give a list of real estate courses and properties every 3 days. Increase 1 or 2 buyers per day.
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- Call 10 rental advertisements per day. Add 3 to 7 buyers per day.
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- Call 10 promotional ads per day. Add 2 to 3 buyers per day.
With this marketing mix, you should be able to add about 10 new real estate investor buyers to your list every day to add a large list.
Orignal From: Build your buyer list with CraigsList
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