CS1977 0 Report post Posted November 13, 2007 Your current #1 way of finding leads for motivated sellers willing to lease option? Let's hear from everyone who is out there marketing! Share this post Link to post Share on other sites
Doug Pretorius (ON) 9 Report post Posted November 13, 2007 It's still cold calling, hands down. Emailing and running ads gets me a few leads but it's hard to make much headway if I limit that marketing to my local market. I can get a lot of leads if I cast a net over the entire province but that creates its own problems. Cold calling still pulls the highest response (at least 5 times as many "I'm interested" replies compared to emailing). Share this post Link to post Share on other sites
Dan (SoCAl) 0 Report post Posted November 13, 2007 Your current #1 way of finding leads for motivated sellers willing to lease option? Let's hear from everyone who is out there marketing! Leads are no good, you actually have to land the sellers I'm with Doug, cold calling is far and away my best method. These days, in fact, it's too easy on the seller side. They say "yes" before I even complete my first sentence. The job today is finding Tenant/Buyers. DanFreedom Creek LLC Share this post Link to post Share on other sites
MichaelC 160 Report post Posted November 13, 2007 Hi, Christine! I have to agree with the two esteemed gentlemen above. Calling, and I must also add, emailing to homeowners on all the various sites out there these days. And because of the way the market is, it isn't at all difficult to find any takers. I find myself being quite fussy these days with what I will accept. Share this post Link to post Share on other sites
BEV! 0 Report post Posted November 13, 2007 Your current #1 way of finding leads for motivated sellers willing to lease option? Let's hear from everyone who is out there marketing!Christine,I'm guessing this poll is for the Canadians only.. right? Luv ya Douggie If anything, we should start a poll for..."HOW TO GET SELLERS OFF US". But I also agree with the boys above. BEV! Share this post Link to post Share on other sites
Jonathan RexfordFL 8 Report post Posted November 13, 2007 Deals Flyers and DIRECT MAIL. I hate the phone. But if you like it I am sure its as good as you give. Share this post Link to post Share on other sites
randian 0 Report post Posted November 13, 2007 The job today is finding Tenant/Buyers.Are they a lot less motivated these days, or of lower quality? Retail buyers are certainly a lot less motivated than they used to be. Share this post Link to post Share on other sites
MichaelC 160 Report post Posted November 13, 2007 Don't know if they are of lower quality, but they sure are fussier than in the past. In this market, can you blame 'em? Share this post Link to post Share on other sites
randian 0 Report post Posted November 13, 2007 Don't know if they are of lower quality, but they sure are fussier than in the past. In this market, can you blame 'em?Not really. Have you had to lower what you charge for CAs? Have you been unable to move some of your houses? Share this post Link to post Share on other sites
MichaelC 160 Report post Posted November 13, 2007 I'm not sure what you mean about charging for a CA. Could you clarify that?Trouble moving properties? Yes. We're not immune to market conditions. What was taking days, then weeks, can now take two months. Share this post Link to post Share on other sites
Dan (SoCAl) 0 Report post Posted November 13, 2007 Fussy, flaky, finicky, skittish...yeah, that's today's so-called buyer. DanFreedom Creek LLC Share this post Link to post Share on other sites
randian 0 Report post Posted November 13, 2007 I'm not sure what you mean about charging for a CA. Could you clarify that?Sorry. I was referring to the assignment fee received by you. Share this post Link to post Share on other sites
MichaelC 160 Report post Posted November 13, 2007 I'm not sure what you mean about charging for a CA. Could you clarify that?Sorry. I was referring to the assignment fee received by you.So you mean, are we receiving less option money per deal? Not necessarily. Two to three percent seems to be acceptable in my area. Share this post Link to post Share on other sites
<Steve> 82 Report post Posted November 15, 2007 Are they a lot less motivated these days, or of lower quality? Retail buyers are certainly a lot less motivated than they used to be.I've had a lot better quality tenant/buyer this year. The loan squeeze is bringing them back, but they are more picky. Not really. Have you had to lower what you charge for CAs? Have you been unable to move some of your houses?randian, increase your rent credit form 50% to 75% or even 100% to L/O a slow mover, if you have the equity. Emailing is my preferred marketing method. Share this post Link to post Share on other sites
dan332 0 Report post Posted November 16, 2007 How about current #1 way of finding quality T/B's? I get a good amount of calls from bandit signs.. but very few seem to have $$ for O/C Trying Bevs trick of using HTML posts to stand out on CL. I'd sure like to find a practical way to reach people who have some money to put down. I did see a suggestion on a blog somewhere to memorize buyers info off of Realtors sign in sheets at open houses and then call them.. sounded pretty clever, but not sure how practical (or ethical) this is. Share this post Link to post Share on other sites