| The 20 Best Ways to Find Motivated Sellers |
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laura.alamery
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| The 20 Best Ways to Find Motivated Sellers |
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This is a question I get often: how do I find motivated or distressed sellers?
This is my personal resource list that I would like to share with you:
1. Classified Ads in Newspapers – local paper, Pennysavers and local real estate publications (“For Sale by Owner”.)
2. Classified Ads online – Craigslist and Backpage.
3. Search Classified Ads online and offline – look for houses for sale with “Motivated Seller” or “Must Sell” in their ads.
3. Vacant Homes – drive for dollars. Look for abandoned or vacant homes and locate the owners via Recorder of Deeds office.
4. MLS Search - expired listings, short sales possible, fixer uppers – these are all terms to search for.
5. BirdDog - these are individuals that will look for houses for a flat finder’s fee.
6. For Rent Signs – especially if there are vacancies or are out of town owners, they will be motivated sellers.
7. Wholesalers – partner with them to locate properties and sell them to investors. They know where to look.
8. Preforeclosures – “Notice of Foreclosure” is published on the legal paper.
9. Divorce Filings – look in legal paper for divorce filings.
10. Probate Filings - look in legal paper and probate court.
11. Tax Sales – contact the City and County for tax auction dates.
12. Private Auctions – check online and local auctioneers for listings.
13. Foreclosure Auctions – check City and County for times and dates.
14. REO (Real Estate Owned by banks) – contact banks and MLS for listings.
15. HUD (Government Owned Properties) – check the site HUD.GOV for listings.
16. Networking – network with professionals (CPAs, Attorneys) and rehabbers/landscapers for referrals.
17. Bandit Signs – post bandit signs in strategic locations: intersections, Home Depot, vacant properties.
18. Business Cards, Flyers, Magnetic Car Signs - let everyone know what you are doing and looking for.
19. Website - a website targeting distressed/motivated sellers. Offer a Free Report like on techniques to avoid foreclosure and have the site optimized for your local market.
20. You the Investor – always have a positive and outgoing attitude, ready to meet people and network.
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Thu Jul 14, 2011 6:36 pm |
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mimortgageloans
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Great Post! got interesting points there. Congrats! 
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Thu Jul 14, 2011 10:28 pm |
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maloryruiz
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Many time people need to buy sand sell home.You give nice information about find motivated seller. Its very useful information for every one.
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Mon Aug 01, 2011 11:41 am |
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ansentancy
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Following are the Ways to Find Motivated Sellers
Search newspapers For Sale by Owner classifieds
Create flyers and post wherever you can
Estate Sales check newspaper for listings
Private Real Estate Auctions
Online local internet advertising
Mobile billboard advertising
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Mon Aug 08, 2011 10:46 am |
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Herleston
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Consulting yellow pages would also be good idea to search out sellers of the real estate.If you are social enough then your contacts will tell you all about what you need to know about location and aptitude of the sellers of real estate.
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Fri Aug 12, 2011 4:16 am |
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kirk89
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That is valuable experience. I think I should learn more.
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Mon Sep 12, 2011 12:50 am |
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koline
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I think this is what I seek. Thank you for sharing this
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Tue May 15, 2012 7:00 am |
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rennyleon389
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Thanks for all the information. It was quite lengthy to read but i really liked to say word of appreciation as it's too good information
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Fri May 25, 2012 3:27 pm |
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Postworker23
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Another good way for finding motivated sellers is doing searches in databases. One good example is UIAn directory.
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Wed Jun 13, 2012 9:46 pm |
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