I recently ran a survey of 500 real estate investors in the U.S. (mainly wholesalers) and almost HALF said the #1 challenge they’re facing right now is finding buyers.

If you’re in that boat, I feel you.

Here are some quick tips for you…

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1. Flat Fee MLS Listings
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Most wholesalers never think of this!

Include in your purchase contract:

“Seller gives Buyer (you) the right to relist the property with an agent of your choice”

Then in your MLS listing, be sure to mention that it’s “subject to prior sale.”

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2. Craigslist Mind Tricks
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Scan the Real Estate For Rent section of Craigslist and contact everyone who posted an ad.

Don’t do something stupid like spam them. But these are landlord buyers, Andy. Jackpot.

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3. Online Classified Domination
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Craigslist, Backpage, Kijiji, Oodle .. post your deal to all of them.

Do it faster with an aggregator like Postlets.com, Vflyer.com, or ClassifiedFlyerAds.com.

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4. Online Groups & Forums
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RealEstateInvestor.com, Yahoo Groups, MySpace REI group, etc.

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5. Specialty Sites
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I’m talking about Rehablist.com, PropertyAttic.com, 3DayBid.com, and others.

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6. Go Web 2.0
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YouTube, Viddler, Twitter, MySpace, Facebook … the key is massive organic search engine exposure!

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7. Good Ol’ Offline Strategies
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Bandit signs, direct mail to absentee owners, classified ads, etc.

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8. Your Buyers List
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You do have one, right?

Regarding your buyers list… you’ll have a lot better shot of them buying from you if you’re giving them information that’s valuable to them on a regular basis (i.e. whether you have a property to sell
at the time or not).

As with any relationship, regular communication is key.

I’ve seen a lot of wholesalers ONLY contact their buyers list when they’re in desperate need of a buyer.  This makes you look like that relative who only calls you when he needs money.  Don’t be that guy.

How did I learn tips like this on selling fast?

Through years with mentors like Preston Ely.

In fact, Preston is one of the few real estate “experts” that I still listen to regularly.

I’ve found him to be:

  1. A wholesaling genius
  2. Generally hilarious
  3. Intensely motivating
  4. Politically incorrect & offensive on a near daily basis
  5. Right 99% of the time (even if I hate to admit it)

I recommend you immediately plug in with Preston right now.

>> Do It Here <<

Thank me later. :-)

You’ll get a lot more deals sold a heck of a lot faster.

And with all these tips in mind, don’t forget the old adage:

It’s easier to find a property for a buyer than it is a buyer for a property.

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Posted in Real Estate | Comments (3)

3 Responses to “8 Tips to Get Your Wholesale Deals SOLD at Hyperspeed…”

  1. K.C. Says:
    Posted on February 22nd, 2009

    Hi Andy, we met in New Orleans last spring at Cris Chico’s Virtual Wholesalesaling Seminar, you were writing your E-book, I’m K.C. from Jersey
    City. Just writing to tell you that you are doing Wonderful things, everyone appreciates compliments. The advise you always give is so ‘Right-On’.

    Thanks, K.C.


     
  2. Ron Says:
    Posted on February 23rd, 2009

    Hello Andy,
    I just want say thank you, for all you have done for my business with your real estate investing tips. I have been working with a marketing company for the last 3 months and have sold 8 homes in 6 different cities, 3 within 48 hours (WOW) . The company is called The Sales Butler, and they are working miracles for my bottom line and there pricing is out of this world. Check them out at http://www.TheSalesButler.com
    Ron
    rwjones101@yahoo.com


     
  3. Polly McDonald Says:
    Posted on June 8th, 2009

    What a WOW of an email. I couldn’t put it down. Especially the morning rituals. I have one: get up at 7ish ’cause that’s the 7 hours I get. brush teeth. it’s for the taste first thing in the am. Drink a full glass of pure water. Make a tall glass of fresh vegetable and fruit juice. Take suppliments. Read emails. Call one or the other of my sisters. These are the fellow travelors in my life. One’s 74 and the other is 84. I’m the middle one who studies real estate investing all day long from the gurus who inhabit my email box. Thanks to all you marvelous mentors. Polly


     

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