Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
16y
"It seems most wholesalers just "blast" properties to their whole list."
As a recipient of such blasts, I really don't mind seeing local product that does not meet my criteria. It helps me to get better knowledge of my overall market and I sometimes forward deals on to investors I think might be interested.
Real Estate Investor · Dale City, VA · Member since 2008 · 317 posts · 77 votes
16y
I use Constant Contact too. It's awesome. Not only do you know who you sent your e-mails to, but you can see who opened them and who clicked on any links.
I have lists by state and buy and hold and rehabber, such as VA Rehab and VA Buy & Hold.
Real Estate Investor · Elmira, NY · Member since 2011 · 51 posts · 5 votes
14y
My first statement would be why not qualify the buyers list. I can not tell you how many times I hear new and seasoned investors tell me how big their buyers list. NOT that I think you can not have a large list BUT I rather see the handful of your buyers that can actually buy and not kick tires.
I went from hundreds on my list to about 25 but those people I have very close relationships with. So it goes back to quantity vs quality.
Commercial Real Estate Broker · Bluffton, SC · Member since 2011 · 34 posts · 8 votes
14y
Act is still one of the better data bases but there are also some good ones on-line (SAS) you can try for free.
Glad people are focused on Buyer's Lists. Remember it's not the size of your list that matters, it's the quality of it.
20% of your list will close on 80% of your deals should you have closings. You need to get to know those 20% better and send them deals that meet their criteria. There is simply no way to be effective with extremely large lists (your just shooting in the dark) shed some light on that 20% and target what they want.