Thursday, February 16, 2012

How To Build A Responsive Buyers List In Real Estate Investing ...

uccessful real estate investing largely depends on selling the houses you acquire quickly.? This is true whether you sell them at wholesale prices to other real estate investors or to retail buyers, or even selling on terms such as lease options.

?Building relationships with people looking to buy the houses you sell is the biggest asset in real estate investing.

?Building and maintain a responsive list of potential buyers is the subject of this article.

Your buyers list is your most valuable asset and should be tended very gently.?? You will get more sales from more responsive lists.

There are two types of buyers lists:

1)??? Wholesale Buyers List

?This is a list of people looking to buy properties at wholesale prices, usually real estate investors.? If you are a wholesaler or sell some of your properties at wholesale prices, then building this list is a must.

2)??? Home buyers list

?These buyers are looking for homes to live in.? In most cases they are not looking to buy investment properties.

The most common type of buyers list is the list of buyers looking for houses with creative financing such as lease options.

?The most responsive buyers list is located in your local market.??? A list of nationwide buyers is less response.

?This means that as long as you have a responsive buyers list, you may not need a big list to move your deals.

?Someone who has not bought a house in a year or more is of little to no value in your buyers list.

How to build a responsive buyers list

In order to build a buyers list, you must have the following things in order:

1)??? Get a real estate investor website

You cannot build a buyers list of they do not have somewhere to sign up.??? This is why you must have a website.

?You must be able to create lists on your website, or it should be already be integrated with buyers lists.? They can then sign up to your list as necessary.

?The ability to create squeeze pages or landing pages that ask for contact information before they can view the properties is an added advantage.

?Alternatively, they have to provide their contact information before they can view full property details.

2)??? Advertise your properties

No matter which method you use to advertise the properties you have for sale, you must provide your web address prominently.?? A phone number is not enough; it will not collect a buyer list for you.

?This is done by a real estate investor website.? Whether you advertise through bandit signs, radio, newspapers, Craigslist, etc, you must provide your website address.

I built my first buyers list by advertising my wholesale deals on our local newspaper, Dallas Morning News.? I provided my website address instead of a phone number.

?To access full property details, they had to provide their contact information.?? From this ad, I ended up building a list of about 200 buyers.? They pretty much bought every deal I found.??? In most cases, I would get a buyer the same day I sent out my wholesale deal.

Source: http://article-niche.com/launch/How-To-Build-A-Responsive-Buyers-List-In-Real-Esta.htm

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