Realtor · Bangor, ME · Member since 2018 · 203 posts · 34 votes
I've been searching on other threads and haven't found any solid answers. I've talked to several real estate agents about what I do and how we can help each other, but I haven't had much success in finding an agent that is able to help find motivated sellers. What are the right questions to ask agents when looking for motivated sellers? What is the best way for them to make the most money? What am i doing wrong? What do I need to ask them to find out if we can work together?
@Allison Meggison as a wholesaler I would think its really your job to find motivated sellers. If a real estate agent has one they will keep them for themselves and try to list their home. Your sources for finding motivated sellers can be:
I agree with @Joe Homs.. As an agent, if I find a seller wanting to sell, its my duty to get them the most money possible.. Which is highly likely on the open market.. I find it, lets say "ethically challenging" to knowingly put the sellers in a position where they're getting taken advantage of.. If a seller for whatever reason didn't care about the money and needed out, I'd consider buying it myself.. I may have someone like you in my pocket as a 3rd option, but it likely wouldn't get to that point very frequently..
That makes sense. Thanks for the feedback. I have been doing bandit signs, yellow letters, cold calling, CL advertising, car magnet advertising and word of mouth.
@Allison Meggison Try direct mail, Google and Facebook ads, driving for dollars, and text messaging. Once you start getting deals you can try to do SEO to bring in more traffic. But whatever you do consistency is the most important element of marketing. So, try your best to be consistent with your efforts. I am sure you will find a deal in no time.
Thank you Ehson. I have done some direct mail but not a lot, maybe 100 within the past 6 months but you're right I do need to be consistent. I am however much more consistent now then I was 6 months ago. I have a website with carrot, they do some of the google SEO, I reserved an LLC name for my company with the secretary of state, I have about 20 potential leads from driving for dollars and have sent out around 30 text messages. When I went to setup a facebook ad a week or so ago it denied my request for some reason and I still need to fix that.
What is your main source of lead generation ? Or where do most of your leads come from?