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Updated about 6 years ago on . Most recent reply

Account Closed
  • Investor
  • Weatherford, TX
45
Votes |
192
Posts

Building a huge buyers list

Account Closed
  • Investor
  • Weatherford, TX
Posted

I'd like to see how many Buyers List ideas/tips we can get published here for us all to benefit from.  I'll start off with this idea.  

Better Business Bureau (BBB) - Have you thought of using your BBB to build your list? Google your local BBB and search on Investors, real estate investing, real estate investor, home buyers, house buyers etc and see what pulls up.  The other benefit of pulling from this resource is that they may be a little more serious about the business if they are paying to be listed on the BBB.  Just a thought...

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,825
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

In theory, building a huge buyer's list sounds like a good idea, but in reality, it's not. Any huge buyer's list will be full of unvetted buyers without proof of funds or pre-approvals who will waste your time and bid high and then not close the deal. I spend all of my time whittling my buyer's list down as small as possible to a tight-knit group of buyers, investors, and teams that will always close the deal. Instead of sending my deals to everyone in hopes that one person bids high, I present deals direct to investors, one-on-one, based on what they are looking for. This process closes deals 100 percent of the time at the best prices for the buyer and seller, win-win scenarios.

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