We Buy Houses
69So you got the best Wholesale Deal In Town. Now What?
There are several ways to market your wholesale deals to Investors. In this article I am going to cover the four most successful ways to do this especially if you are a beginner.
1) We Buy Houses Signs- In every town no matter what size there will be bandit signs. For those of you who do not know what bandit signs are they are the signs that people put on telephone poles that say WE Buy Houses or something similar (Stop Foreclosure, Cash for Houses, Etc.). These signs will put you directly in touch with local investors who are actively buying Real Estate. They will call you back because you will let them know that you have a Great wholesale deal for them.
2)Call For Rent Signs- Start in the same neighborhood that your property is in and write down every for rent sign you see. Then call each of them and let them know you have a Great wholesale deal right up the street from them that you thought they might be interested in. If you don’t see any for rent signs in the neighborhood just go to other neighborhoods close by and do the same.
3) Mail Letter- Same principal as calling for rent signs here. I usually take about a one mile radius and I mail them a letter about the wholesale deal that I have available. I use a service called www.crsdata.com here. If they are not where you are you can find a service that lets you create a mailing list for a certain area. This is a good idea for several reasons. You may have Investors respond to your ad but, you may also have retail buyers that already have family or friends in the area and would like to move close to them. Also in your letter be sure to mention you are looking to buy houses and you do pay referral fees. Never know your next great wholesale deal may be right up the street.
4)Go To Reia Meetings- In every major town there will be a Reia (Real Estate Investors Association) Meeting at least once a month. If you are not in a major city it would be worth the drive to go to closest one. You can go to www.nationalreia.com to see meeting closest to you. At this meeting you wan to do a couple things. You want to bring a flyer to hand out with all the details of your wholesale deal. I would also recommend passing around a buyers list for everyone to give you their contact list so that you can contact them when you get wholesale deals.
In closing no matter which method you choose make sure you take the time to put together some system for keeping all the names numbers and criteria for each Investor you come in contact with. Just because they passed on this deal does not mean they won’t be interested In the next one. So every time you meet any Investors make sure you try to build a relationship with them for future deals or possible partnerships.
If you are an Investor who has had success with any of these methods feel free to comment below and tell us about it.
To Our Success!
Dennis
Wholesaling Video
We Buy Houses in the News
- Foreclosures in area twice as high as a year agoChicago Sun-Times20 hours ago
The number of homes hit with foreclosure filings in the Chicago metropolitan area in November more than doubled from a year earlier, but fell from October, according to RealtyTrac's latest report.There were foreclosures reported on 15,464 homes in November, up 118 percent from November 2008 and down nearly 17 percent from October. One in every 243 homes received a notice.In Cook County, November ...
- Foreclosures declining but still far higher than a year agoThe Capital Times14 hours ago
Foreclosures in the Madison metro area dropped almost 10 percent from October to November, according to an online foreclosure tracking site.
- Florida jumps to No. 2 spot for number of foreclosures; bucks national trendThe Palm Beach Post22 hours ago
Florida jumps to No. 2 spot for number of foreclosures; bucks national trend
- Foreclosures Slow For Fourth-Straight Month - RealtyTracNasdaq26 hours ago
Foreclosures fell nearly 8% in November - the fourth-straight month of declines after hitting an all-time peak in July - as measures to stabilize the housing market show success, according to market researcher RealtyTrac.
- Foreclosures on neighbor isles continue to fuel statewide rateHonolulu Star-Bulletin20 hours ago
Foreclosures in Hawaii rose again in November for the 29th straight year-over-year increase, as resort areas of the neighbor islands continue to push the statewide rate higher.
PrintShare it! — Rate it: up down flag this hub



