How To Cultivate Lists To Help
You Pick Up Properties
By Charles And Kim Petty
The author has permitted the reprinting and redistribution of this
article.
If you have entered the real estate market with an aim to buy and sell
properties on a fast track, then you may need to cultivate lists that
can easily help you to pick up the right properties at the right price
and time. Cultivating such a list is not very difficult, if you put
your mind and some effort into it. Here are some tips on how to
cultivate lists to help you pick up properties.
Browse Through Different Media You should look up advertisements in
various newspapers that mention sellers that are in the market with an
aim to sell their properties. You can also browse through
advertisements that are printed in various real estate magazines by
various builders that could be offering their ready-made homes or
condos for sale or even homes that are in the pre-construction stage.
You can feed all this in your PC or laptop by using any spreadsheet
application. You can also sort the data according to the home size,
prices or any other way that you desire.
Join Your Local Real Estate Association You can also join your local
real estate association or any other forum, where people with similar
interests meet on a regular basis and exchange valuable data on the
real estate market. This will also help you to compile a list of
sellers that want to sell their properties.
Identify Your Sellers Your would-be sellers can be classified into
separate categories. They might be investors like you, who just want to
flip the property after booking their profit or they might be real
estate agents or brokers trying to sell properties that belong to their
clients or they might just be actual sellers. Your response to their
queries should be different in each of these cases and you should
develop tact and negotiation skills, in order to deal with such diverse
sellers. You might also find rehabbers, who buy, renovate and sell
properties. In this method, you could pick up a recently renovated home
that could be as good as new.
Keep Your Eyes And Ears Open You can also cruise around in your
neighborhood and look up any moving vans that could be picking up
household stuff. You could also keep in touch with the moving company
employees or even the local postman that can provide you with
invaluable knowledge on any of the owners, who could be moving out of
the neighborhood.
Contact The Sellers Call up the sellers from that list and note down
the finer details of their properties, such as their asking price, any
mortgages that might be on the property and the time frame, within
which they want the deal to be completed. Next, check the property
prices that are prevalent in that neighborhood, so as to come to a
conclusion as to the actual rate in that neighborhood. All this data
should be available at your fingertips, so that if need be, you can
quickly make a decision, in case you have a ready buyer for that
property.
Compile A Buyers List Along with your sellers list, you will also need
to compile and then cultivate a buyers’ list that can lift
the property off your hands, as soon as you purchase it.
In order to compile and cultivate lists that help you, not only to pick
up great properties, but also help you to flip them on a faster basis,
you will need to merge data from various sources into a single list.
Therefore, by cultivating lists, you can make faster decisions and this
can help you to pick up prime properties.
For a FREE Special Report and CD from Charles and Kim Petty and to set
up a one on one strategy session on how you too can make Six or Seven
Figures A Year Buying and Selling Properties across the USA
&abroad go to httpwww.VirtualRealEstateInvestingProfits.com or
call 1-800-311-9228.
If
you would like to take advantage of the market and learn how to invest
in real estate and you are local to the Dallas Fort Worth area, I know
a really great teacher and mentor here in Arlington Texas. Please take
a look at his web site: DennisJHenson.com,
Dennis has a great Mentoring and training program, I know because I am
one of his former students. I learned a lot from his one on one
teaching technique. - Michael Harman 817-457-7572
mchfun.business@gmail.com
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