What are the most overlooked "potential" motivated seller leads?

What are the most overlooked "potential" motivated seller leads?

Bessemer, AL · Member since 2014 · 581 posts · 32 votes

What would you say are the most overlooked motivated seller leads a wholesaler should be looking at? This does not include the same old leads every other investor is targeting like vacant homes, pre-foreclosures, foreclosures, and every other usual lead target.

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  • Real Estate Broker · Kirkland, WA · Member since 2018 · 549 posts · 411 votes
    7y

    @Tony Marcelle

    I heard someone say "garage sales" the other day. Not sure about that one...

    I like personally like stale MLS listings.

  • Bessemer, AL · Member since 2014 · 581 posts · 32 votes
    7y
    Originally posted by @Geordy Rostad:

    @Tony Marcelle

    I heard someone say "garage sales" the other day. Not sure about that one...

    I like personally like stale MLS listings.

    Garage sales?? I never heard of that one before. What are stale MLS listings and how good are the stale MLS listings?

  • Real Estate Broker · Kirkland, WA · Member since 2018 · 549 posts · 411 votes
    7y

    @Tony Marcelle

    Stale MLS listings are properties that have been listed on the MLS for excessively long periods of time and are no longer receiving much showing activity. They are all overpriced so you have to go in and try to make a realistic deal with them.

  • Specialist · Member since 2019 · 494 posts · 220 votes
    7y

    @Tony Marcelle There are a couple new owner occupied lists catching traction - that haven't been over-mailed. These include "Seniors with Long-Time Ownership and Owners with Low Financial Stability Scores (FSS)

  • Member since 2019 · 1k+ posts · 1k+ votes
    7y

    @Tony Marcelle

    Thinking the last place you would advertise and expect a lead,... try there. Example: newspaper classified.

  • Bessemer, AL · Member since 2014 · 581 posts · 32 votes
    7y
    Originally posted by @May Emery:

    @Tony Marcelle There are a couple new owner occupied lists catching traction - that haven't been over-mailed. These include "Seniors with Long-Time Ownership and Owners with Low Financial Stability Scores (FSS)

    Check the last message I left you in your Bigger Pockets inbox.

  • Bessemer, AL · Member since 2014 · 581 posts · 32 votes
    7y
    Originally posted by @Account Closed:

    @Tony Marcelle

    Thinking the last place you would advertise and expect a lead,... try there. Example: newspaper classified.

    I have tried the newspaper classified ads before. I did not find a lead. I end up finding a few We Buy Houses ads in there instead.

  • Member since 2019 · 1k+ posts · 1k+ votes
    7y

    @Tony Marcelle

    They’ll be few and far between for sure. But the folks advertising there are either receiving terrible / no advice or they don’t need to sell at all. Of the ads you do see, you’ll see a higher % that are motivated.

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