How to Make a Buyers List for Real Estate Investment?

In general, the roles of a real estate agent and a real estate wholesaler sound similar. They both have slight differences in practical. A major role of a real estate wholesaler is to make a list of active investors and buyers who are interested in  The buyer’s list is, typically, a foundation on which most wholesalers spend lots of energy and time on making it.

How Wholesalers Build Buyers List?

The making of buyers list from the energy and skills of a real estate wholesaler is an ongoing process, even when it is successful. You have to look for many ideas to make a successful buyers list. Here are some ideas implemented by successful wholesalers.

1.   Look for classified ads in the newspapers related to “cash for houses”, “I buy houses” and so on. Once you have shortlisted them, dial the number of buyers and ask them about the nature of properties they are hunting for. If the deal is suitable for you, consider getting the necessary details like email, contact number and the like. In order to keep up-to-date records of existing buyers, you can use notebook.

2.   Have some research on the web by using the same keywords. You must do that for having a long list of buyers in your desired neighborhood. You can use keywords like “I buy houses for sale in Ajax” and gather information of each investor and call each one of them.

3.   This way, you can ask for Absentee Owners with the real estate agents. These investors are the owner of property but don’t occupy the same. In fact, they lend the property to the tenants. After getting the details of absentee owners, you should proceed on getting the mailing lists of these owners. Send them a letter or a flyer mail to intimate them about the deals you are offering about investment properties.

4.   Research and become the member of a reputed investors group in nearby areas. This way, you can tell your buyers about your deals and investment properties. Call each builder and contractor in know if they are interested in your proposal.

5.   Post your ads on real estate or other free classified sites and be sure to record the details of each call you receive relating to deal.

Repeat all those steps every week in order to stay up-to-date with new deals and offers.