Where Can I Find Buyers for My Wholesale Real Estate Deals?

by blogger1
blogger1
Guest has not set their biography yet
User is currently offline
on Apr 20 in BestTransactionFunding

Where are the buyers?

There are still mountains of real estate inventory to choose from out there. With unlimited funding available from transactional lenders and hard money lenders the key to unlocking the cash for most is finding the buyers. So where are they?

The 3 Types of Buyers Investors Need to Focus on Now

PROFESSIONAL INVESTORS

Real estate wholesalers looking for qualified buyers, and specifically cash buyers who are easy to work with should absolutely be honing in on serious end investors. They know the business, will either have financing lined up or the cash to move immediately on fair deals, and will often become repeat, high volume customers. Find them online in real estate forums, via social media, and at local investor meetings and meetups.

INTERNATIONAL BUYERS

Tapping international home buyers and investors opens up the world to a massive pool to funnel deals too. Most expect to pay cash, or at least to put down a lot of money. They see American real estate as being cheap, and are often very easy to work with, if you keep it simple. If you haven’t yet, start expanding to market your real estate deals internationally. Check the data and find out who the strongest international buyers are in your market. Hire someone who speaks their language, or find a partner company that can help. Then lead with contacting overseas Realtors, Google ads targeting foreign buyers in those countries, and look for ways to collaborate with Chambers of Commerce and Tourism bureaus.

GROOMING THE NEXT ROUND OF BUYERS

The absolutely biggest and most common mistake that 99% of real estate investors and businesses make, and which invariably cripples them, is only focusing on buyers for this week and this deal.

Savvy investors and businesses owners who continue to thrive and enjoying growing incomes and profits are those that start loading their pipeline years in advance. Most people will buy a home within the next 5 to 7 years. Many will move more frequently than that, and will end up buying second homes, vacation homes, and investments regularly too.

Make connecting, and assisting with preparing to buy and invest a part of your annual strategy. This may include friends, family, ex-coworkers, aspiring investors, recent victims of the foreclosure crisis, and renters.

Start loading your pipeline with these buyers and you’ll find more deal volume this year, and more easy deals to do every month each year after this.

 

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.

Hits: 4285
Rate this blog entry
0 votes

About the author

blogger1

Guest has not set their biography yet