Newbie Here! | Tips, Tricks, & Advice Appreciated!

[Harrison Pruett]

Hey Everyone! I just started getting into this space and I've been trying to discover the best way to find sellers who are motivated. I'm currently using the propstream, redfin, and zillow trifecta as well as driving for dollars to find leads, then I cold call (Any recs for getting the right numbers?). I was wondering if any of you more seasoned individuals had any tips/tricks for a newer guy like myself. I just graduated college and I got my degree in Finance with a focus in real estate. I'm obsessed with all things real estate. I've been at it consistently for around 3 weeks but I still haven't had any luck wholesaling. I'm determined and don't want to give up. (I don't believe in the 9-5 rat race)

I have good contracts, a solid book of contacts for dispo, a decent understanding of the industry, I'm just really struggling with finding leads.

I'm excited to learn everything I can about the industry, I truly want to provide value to the sellers who need it, and also to investors who want it.

Any bit of information is really appreciated and well heard. Thanks guys!!

P.S. Should I get my RE license? I know its good to have and it will give me access to the MLS, but should I prioritize it right now?

[Nathan Gesner]

Quote from @Harrison Pruett:

Everything on the MLS is also listed on realtor.com, updated every 15 minutes. Access to the MLS doesn't really give you any advantage.

Everyone is struggling to find deals. Prices increased dramatically and sellers know it. A lot of money is floating around because people cashed out equity to invest, or they had extra income thanks to COVID.

The only "trick" I can share is that you need to be patient. Keep working at it, knowing it will be hard for a while. When the market swings the opposite direction, you'll be ahead of the game.