What do I look for on Craigslist?
I was told that the "Real Estate - by Owner" section in Craigslist was a good place to find leads for motivated sellers. I seem to only be finding other investors with set terms. Is anyone else finding good leads on Craigslist? Where else should I be looking?
@Simone Henry
Pick up the phone and start calling property owners.
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Real Estate Agent Ohio (#2021001448)
- (614) 412-4565
- https://www.reafcorealestate.com/
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Quote from @Patrick Drury:
@Simone Henry
Pick up the phone and start calling property owners.
Got you. I don't suppose you have a script? How do I launch into a conversation with a stranger about selling their house to me?
Hi @Simone Henry I don't really go on craigslist but look in the rental section for owner-listed rentals. It's a volume game so it may take some time and a few follow-ups before you land one...You can check FB marketplace, send out direct mailers, pull lists and make calls, d4d etc. I would say to do a combination of a few of those consistently and you'll start to land some solid leads.
Quote from @Simone Henry:
Got you. I don't suppose you have a script? How do I launch into a conversation with a stranger about selling their house to me?
"Hi my name is Simone. I'm looking to buy a house in your neighborhood. Do you know anyone who's thinking of selling?"
Asking if they know someone takes the pressure off of them. They will volunteer the info if they're thinking about selling themselves.
Don't forget to tell them that you pay for referrals and ask if you can keep in touch. Then get their best phone number and email and put them into your follow up system.
Quote from @Doug Pretorius:
Quote from @Simone Henry:
Got you. I don't suppose you have a script? How do I launch into a conversation with a stranger about selling their house to me?"Hi my name is Simone. I'm looking to buy a house in your neighborhood. Do you know anyone who's thinking of selling?"
Asking if they know someone takes the pressure off of them. They will volunteer the info if they're thinking about selling themselves.
Don't forget to tell them that you pay for referrals and ask if you can keep in touch. Then get their best phone number and email and put them into your follow up system.
Thank you!
While you are searching Craigslist don't forget to look at the estate sales. Many of these sales are tied to folks that are planning on selling the home as well. Good luck!
Quote from @Simone Henry:
I was told that the "Real Estate - by Owner" section in Craigslist was a good place to find leads for motivated sellers. I seem to only be finding other investors with set terms. Is anyone else finding good leads on Craigslist? Where else should I be looking?
It may help if you have a little bit of a sob story (single mom, struggling college student, etc.) I've known some people to get really good deals just because the seller wanted to help someone out.
Don't make it complicated. Talk natural and honestly. I cold-called storage units a couple years ago with no script or experience. I just explained who I was, what I was looking for, and asked if they were interested in selling or knew someone that was. A few months later, one of them called me back and I got a really good deal.
I’ve known of deals there but it takes looking at it thousand’s of times.
Quote from @Simone Henry:
I was told that the "Real Estate - by Owner" section in Craigslist was a good place to find leads for motivated sellers. I seem to only be finding other investors with set terms. Is anyone else finding good leads on Craigslist? Where else should I be looking?
Hi Simone, you're on the right track. Here's a note for a bit of perspective. Everyone ( or nearly everyone ) that's looking at starting out, or just starting out, will be doing the same old, same old craigslist run.
Here's something that you can do now that you have a bit of an intro
Hey I'm Simone
here's a bit of my story
D'you know someone who's looking to sell...
Right, as you're there, you have the chance to build rapport and start the relationship on the right level. Even when you find investors with set terms, you could be a resource to them (after all, you're on craigslist talking to 10, 20 people per day) and they could be resourceful for you as well ( after all, they have money to invest and are active on the forums which means they more than likely know some buyers).
So you're in a good space. Just constantly think adding value and people will be willing to help you because that kind of thing resonates with investors and successful people like us. We're all here to make someone's day better and win.
Best of Luck and please keep us updated on your progress!
Quote from @Ace Goodrich:Thanks!
Quote from @Simone Henry:
I was told that the "Real Estate - by Owner" section in Craigslist was a good place to find leads for motivated sellers. I seem to only be finding other investors with set terms. Is anyone else finding good leads on Craigslist? Where else should I be looking?
Hi Simone, you're on the right track. Here's a note for a bit of perspective. Everyone ( or nearly everyone ) that's looking at starting out, or just starting out, will be doing the same old, same old craigslist run.
Here's something that you can do now that you have a bit of an intro
Hey I'm Simone
here's a bit of my story
D'you know someone who's looking to sell...
Right, as you're there, you have the chance to build rapport and start the relationship on the right level. Even when you find investors with set terms, you could be a resource to them (after all, you're on craigslist talking to 10, 20 people per day) and they could be resourceful for you as well ( after all, they have money to invest and are active on the forums which means they more than likely know some buyers).
So you're in a good space. Just constantly think adding value and people will be willing to help you because that kind of thing resonates with investors and successful people like us. We're all here to make someone's day better and win.
Best of Luck and please keep us updated on your progress!
I would also recommend signing up for all the wholesalers lists in your area. Also, you can google and youtube lots of info on cold call scripts.
I used to send my own letters out and bought several that way. Now, I just work for a wholesaler and buy from them!
Rich
- Investor
- Austin, TX
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Never have, all FSBO in my experience has been delusional home owners who want too much for their property.
Quote from @Eliott Elias:
Never have, all FSBO in my experience has been delusional home owners who want too much for their property.
That's what I'm finding.