How to Build a Buyers List for real etate investing
Automation and Systems using technology matched with clever marketing techniques are being used to build lists of hungry buyers for real estate investors. Savvy investors are dominating their competit...
Automation and Systems using technology matched with clever marketing techniques are being used to build lists of hungry buyers for real estate investors. Savvy investors are dominating their competition with these techniques and making quick profits even in the down economy.
We all know you can find tons of motivated house sellers out there. How do you search out these buyers?
Investing "virtually" is not hard at all. Using a combined technology platform such as the internet, voice, fax and software allows buyers to come to you easier. Creating a strong buyer's list is one cornerstone of a virtual real estate investing business, which helps you grow wealth easily and effortlessly.
The secret to these virtual investing methods is that they seek out qualified buyers first, then match a motivated sellers house to that "buyer"!
When online marketing is approached in this manner, it's fairly simple to find motivated sellers to match up to those buyers.
These new investing methodologies and strategies are being used to attract hundreds of new buyers each week to fill properties for sale.
Further segmentation of building a buyers list should be broken down into five basic types of buyers : wholesale, landlords, retail, rent-to-own and commercial.
Each type of buyer has different criteria for the properties they seek. For example, wholesale buyers like fixers with low loan-to-value ratios, while rent-to-own buyers want nice houses with creative financing available.
With Virtual Real Estate Investing systems, the internet finds out the buyer's needs, searches for the right properties and presents them accordingly.
The Internet is a key component of a virtual system. There are there are many low cost mass marketing methods that anyone can learn easily to market for buyers.
Automated tools with investor websites, are programmed to work through a series of business process, where buyers learn about the house, are pre-qualified, followed up, and actions scheduled all without human intervention. Buyers then enter their information directly online, including their buying criteria, financial strength, etc. The system matches this information with properties for sale (another cornerstone of a virtual investing system).
Alternatively, the virtual real estate investor can search for properties that fit the buyer's criteria. Running focused marketing campaigns for this type of house can then be done cheaply and quickly. When you know the strength of buyer in advance, you will know the type of deal we have to negotiate with the motivated seller.
Matching the buyer to a house is the task of the virtual investor. So it basically becomes: Send an email, sell a house."
The buyers take virtual tours of the properties online without the investor ever having to leave the office. Time saving is a benefit to both parties.
According to the National Association of Realtor's, 86 percent of buyers look online. Internet buyers visit an average of six houses before making an offer, compared to 22 houses for traditional buyers.
If you want to close your deals quickly, using virtual automated real estate investing systems seems to be the trick to market domination. Combining automation with massive online marketing will build you a "hungry" buyers list and motivated sellers leads fast. Virtual Investing allow investors to profit quicker than the traditional real estate investor ever could.
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ABOUT THE AUTHOR
Bio: Duncan Wierman Software CEO turned Real Estate Investor / Marketer. Discover how to use creative online marketing methods to do more deals online. For more details on how this type of automated internet marketing system works for real estate investors, please visit Duncan Wierman's website and get is free 14 day e-course. http://www.DuncanWierman.com