You might not know what real estate sellers are thinking. However, if you do not know how they think, how can you get them to sell to you? Below are some of the ways you might get them to sell their properties to you.
Real Estate Sellers and Driving for Dollars
Look for motivated sellers; this can be a difficult task when you are dealing with an oversaturated market. The good news is that a driving for dollars strategy can help you overcome this problem. Drive around until you find a distressed house, and try to buy the property. Focus on what might motivate the owners to sell. For example, they might want to sell if a property is under foreclosure. Of course, driving for dollars involves doing a lot more work to secure a lead, but it guarantees a better success rate.
Get to Work
The only investment involved in driving for dollars is time. You will need to drive around looking for properties. When you go, carry a camera and a notepad. Scout out properties with a lot of newspapers on the front porch, damaged windows, and overgrown yards. Poorly maintained properties are hard to miss, and real estate sellers want to get rid of them quickly. Make sure that you take pictures, and write down the addresses of the properties in which you are interested.
Look into the Property
After finding some properties in which you are interested, do some research. As you want
Get the Property in Front of Sellers
Start sending some material to real estate sellers. Your aim is to gently remind them that it is time to sell. A great strategy to jog their memory is to print the picture of the property onto the letter that you send them. Once they see the property in its present shape, it might remind them to sell at a discounted price.
There is no time like the present, if you really want to know what real estate sellers are thinking, start using the above strategy.
