[Wholesaling Houses] 5 Unexpected Channels To More End Buyers
While many US housing markets are on fire in 2015, getting paid as a real estate wholesaler is all about getting the end buyers. So where are they?
Many individuals might be buying the media spin about declining foreclosures and default rates, but not the serious wholesalers with the real data. However, even though inventory may be plentiful, properties are selling in hours, and transactional funding allows real estate investors to scale instantly, the dots are only connected to the cash when the end buyers are lined up.
Obviously the challenge is that everyone is after the buyers. The solution is gaining referrals where others aren’t.
How about…
Probate Attorneys
Probate attorneys are sometimes sought out by real estate investors and wholesalers as a source of acquisitions. However, these professionals are also in touch with all of the heirs inheriting property and liquidating estates, and in course of other business – heads of estates who are often investors. Why not tap them for buyer leads?
Realtors
Okay, real estate agents may be hit up by investors and wholesalers all the time. But rarely are they approached in the right way. Offering 3% or more commission to a Realtor with a consistent volume of business, and in particular off market deals can leave them to focus on feeding you more buyers, and making your deals the ones they push hardest to their most qualified clients.
Mortgage Brokers
As with the above mortgage brokers are often sorely under tapped as a resource. Forget the refinance turndowns. They often make a lot more on purchase loans. They have great relationships with repeat buyers and end investors that are qualified and stuck until they can find deals to jump on.
Bartenders
Local bartenders are privy to so many conversations that others aren’t, and for some reason they are often perceived as trusted referral sources. Why shouldn’t the best bartenders in the best establishments in town have your business cards to hand out to those that are looking for property to buy at just the right moment? This is particularly true in gateway cities and tourist destinations where visitors don’t know anyone else and need answers fast.
Vacation Rental Owners
Building on the above; why not reduce the chances of missing out on leads in popular vacation and business areas by connecting with vacation rental owners, and corporate housing or extended stay operators, and leveraging them to market to business and vacation travelers who may be prime prospects for buying?
Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.
Top Funding News
|
|
|
|
|
| Linked In | You Tube | Google+ |
"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA
