Skip to content
Real Estate Agent

User Stats

120
Posts
15
Votes
Mike Wallace
  • Metro Detroit, MI
15
Votes |
120
Posts

Best way for someone starting out to get listings?

Mike Wallace
  • Metro Detroit, MI
Posted Mar 29 2015, 14:09

Wake up everyday and call all the for sale by owners/recently expired listings?

any other tips?

User Stats

27
Posts
10
Votes
Gabe Zader
  • Investor
  • Mansfield, OH
10
Votes |
27
Posts
Gabe Zader
  • Investor
  • Mansfield, OH
Replied Mar 29 2015, 14:53

Getting out in the community and networking is the key.  In our area, we have RE Investor meetings, Young Professional groups, Entrepreneur clubs, etc.  Check Facebook, Craigslist, Meetup, and other similar sites.  

User Stats

1,314
Posts
586
Votes
Rob Beland
  • Investor
  • Leominster, MA
586
Votes |
1,314
Posts
Rob Beland
  • Investor
  • Leominster, MA
Replied Mar 29 2015, 15:10

What types of listings do you want? SFHs? Multis? Every agent in your market will be chasing expireds. Do you have access to MLS? Market to listings that aren't expired but have been on the market for several months 6+. Research owners of multis in your area and reach out to them. Try your local assessors office and see if you can buy lists of different property types.

BiggerPockets logo
Find, Vet and Invest in Syndications
|
BiggerPockets
PassivePockets will help you find sponsors, evaluate deals, and learn how to invest with confidence.

User Stats

166
Posts
44
Votes
Johnny L.
  • Colorado
44
Votes |
166
Posts
Johnny L.
  • Colorado
Replied Mar 29 2015, 17:43
Originally posted by @Rob Beland:

What types of listings do you want? SFHs? Multis? Every agent in your market will be chasing expireds. Do you have access to MLS? Market to listings that aren't expired but have been on the market for several months 6+. Research owners of multis in your area and reach out to them. Try your local assessors office and see if you can buy lists of different property types.

 Seems as if there is so Many agents and competition that the chance of becoming a successful agent is slim to none. 

User Stats

6,088
Posts
3,910
Votes
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
3,910
Votes |
6,088
Posts
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied Mar 29 2015, 17:56

Get a Licenced and act as a principal on low equity home sellers

User Stats

5,752
Posts
3,856
Votes
Michael Noto
  • Real Estate Agent
  • Southington, CT
3,856
Votes |
5,752
Posts
Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied Mar 29 2015, 18:05

Brian Gibbons would you mind expanding on your last thought posted on this thread?

  • Real Estate Agent CT (#RES.0799665)

SalCal Real Estate Connections Logo

User Stats

6,088
Posts
3,910
Votes
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
3,910
Votes |
6,088
Posts
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied Mar 29 2015, 18:13

Sure

Lease to own is a good strategy for sellers don't have a lot of equity

if you read Gary Keller's book SHIFT he talks about creative financing to help sellers that are having difficulty

You have to be willing as an agent to act as a principle business owner, and tell your broker know that you're doing deals as a principal versus acting as an agent

You can make 3% as a option release fee, buyer or seller pays

I love saying to the homeseller of expired listing

"I know you tried to sell traditionally with an agent and it did not work out for you, 

but what if I can get the house sold for you, and maximize your equity, so that you do not have to pay a commission?"

User Stats

579
Posts
225
Votes
David Hunter
  • Residential Real Estate Agent
  • Cleveland, OH
225
Votes |
579
Posts
David Hunter
  • Residential Real Estate Agent
  • Cleveland, OH
Replied Mar 30 2015, 12:33

Use a direct-response marketing campaign (3-step) offering a free home seller's guide.

Use the USPS's Every Door Direct Mail (EDDM) and farm areas offering said guide.

Ask for referrals.

Do more advertising.

Talk with top producing agents and see if they'll refer you to listings they don't want to take on.