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Updated over 6 years ago on . Most recent reply

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Benjamin McGuire
  • Flipper/Rehabber
  • San Antonio, TX
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Good sources or websites to find quality leads

Benjamin McGuire
  • Flipper/Rehabber
  • San Antonio, TX
Posted

What are some good websites or sources you guys have come across that produced or gave you quality leads for motivated/needing to sell sellers?

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Doug P.
  • Investor
  • Kitchener-Waterloo, Ontario
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Doug P.
  • Investor
  • Kitchener-Waterloo, Ontario
Replied

@Benjamin McGuire A few of my favorite sources:

1. MLS
Not going through agents like everyone else does mind you. But reaching out directly to the owners. You can do this by knocking on their door, or sending them mail. Target listings that are over the average days on market. Agents typically pressure their clients for price reductions every 2 weeks, so if you can time your contacts to match that you'll improve your response rate.

Your Offer: Sell to me and I'll pay your agent for you.

2. For Rent by Owner (FRBO) listings on Zillow/Facebook/Classifieds
This is more of a long-term approach. You're looking to build your network with local investors and position yourself to acquire multiple properties when they're looking to adjust their holdings, or their entire portfolio when they're ready to retire.

Your Offer: I'll buy everything you've got.

3. For Sale by Owner (FSBO) listings on Zillow/Facebook/Classifieds
These are still a great source of deals but they require a lot of digging through realtor spam, especially on sites like craigslist.

Your Offer: Selling to me is cheaper, faster and easier than hiring an agent.

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