Use CraigsList to Find a Motivated Seller for Wholesale Deals

by: Leslie Collins - 2/2012
One source that is free and very effective for producing potential wholesale seller leads is craigslist.com Here is a proven way to find motivated sellers and great leads. You NEED leads in this business. I got this idea from Joe at Find and Assign for Profit... 1. Go the city you will be working in and click on real estate for sale. 2. Next, filter by real estste - by owner. We want only ads for houses by owners. We do not want to deal with houses listed by agents already on the MLS Click search to produce your intial results. This is a good list but we want to fine tune it even more for motivated sellers. 3. Type in the search box "motivated seller" and click search. You can do this again for the term "Must sell" 4. Once you get your results you will send an email to each ad / homeowner. Basically saying something like " Hi, I noticed you have a property for sale on craigslist. I am an investor who pays cash and could close quickly, call me if you are still needing to sell your house. Keep your note short, you'll be surprised at how many responses you'll get. And that's exactly what you want...sellers calling you. 5. Once you get response you have a warm lead that you need to qualify so get to it! Call them and get all the information you can. Many of these will not be deals because there is not enough equity or they are not that motivated. Not a problem...because the process did not take you much tme or any cash out of pocket. If you do this every week you will find deals that make sense sooner or later. The benefit for newbies is that you can perfect your phone skills and line of questioning.
Watch this video below on this exact topic for a complete step by step walk thru to find motivated sellers on craigslist More about wholesaling houses for profit: Learn to wholesale houses
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