Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

How to Get Qualified Buyers for Your Houses in Real Estate Investing

By Simon Macharia Subscribe to RSS | February 21st 2012 | Views:
loading
 
  



In a depressed real estate market, it is harder than ever to sell houses. This is also true of deals that look great. Having a good game plan is a must if you must sell your houses fast and be successful in real estate investing.

This article focuses on identifying buyers with cash for your real estate deals. Specifically, we focus on how to market and successfully sell wholesale deals.

You must identify qualified buyers to be successful flipping wholesale deals.

Identifying the buyers involves the following steps:

1) Build a buyers list

This is a primary golden rule in real estate investing. If you sell houses, you must build a list of potential buyers of your properties.

In order to build a good buyers list, you must have a real estate investor website that is fully equipped with the ability to automatically build your buyers list as you sell your houses.

The first thing you do when you get your next deal is to email it to your buyers list. Chances are you will get a buyer from that list. I have successfully identified buyers for many deals the same day I send it to my buyers list.

Check the bottom of this article for a good recommended real estate investor website.

2) Market aggressively

A lot of investors rarely market their properties adequately. Even if you have a buyers list, you should run a marketing campaign for each property you have.

Of course, always make sure you include your website address where they can view the properties, and sign up to your buyers list.

Run ads on marketing websites like Craigslist and other real estate websites. For a small budget of $200 to $500, you can run ads in your local paper specifically for this property.

Avoid providing a phone number, instead give them your website address to view the properties. If you must have a phone number, this should be a voice mail that provides enough information to view the property on your website.

I like to make sure they provide their contact information before they can access full property details.

You can generate potentially hundreds of potential buyers this way.

3) Pre-qualify potential buyers

Most real estate investors get excited when they get a potential buyer. You should treat them as potential buyers until you see they have money to close.

Once a potential buyer calls, I will take down their full contact information and either give them the lockbox code or show them the property. Once they express interest to buy it, I must ask them the source of their cash.

"Cash" is not enough. Is this cash in their bank account? Have they just sold a house? Are they working with a line of credit? Do they have a private money lender or a hard money lender?

In other words, proof of funds is a must.

If someone is hoping to get a mortgage from their bank, they are not potential buyers of real estate wholesale deals. They must have ready cash and can close quickly.

4) Follow through to closing

I then sign a contract with the potential buyer. I always meet them in person to collect earnest money. It must be at least $500 which they lose if they do not close, but is credited to them at closing.

Be sure to keep up with the closing process and ensure the money is available when expected. As always, time is of the essence in closing wholesale real estate deals.

Simon Macharia - About Author:
Learn how you can buy and sell houses from an automated real estate investor website that both pre-educates potential motivated sellers and house buyers, while automatically building buyers lists for future properties you may have for sale.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/real-estate-articles/how-to-get-qualified-buyers-for-your-houses-in-real-estate-investing.htm

Related Real Estate Articles Subscribe to RSS

Hire the services of a real estate agent to find your dream home
Published by Deepti on May 1st 2012 | Real Estate
Today, if you want to have smooth and hassle fee real estate transaction, it is very essential to se...
 
Economic real estate deals and estate agents
Published by Glyn Jones on December 3rd 2011 | Real Estate
The online estate agents turn out to be an economic alternative with reality dealings but they being...
 
Reasons for hiring an expert real estate agent to invest in property
Published by Deepti on April 17th 2012 | Real Estate
Buying your dream home for the first time is an incredible learning experience. Today, with the help...
 
Finest real estate properties of California
Published by Henry Fuol on June 22nd 2012 | Real Estate
The decision of buying a real estate property is very vital as it involves a huge sum of money as we...
 
Playa Del Carmen real estate – the right buy for Retirees?
Published by Tom Budniak on December 27th 2011 | Real Estate
Whenever a retirement destinations of international quality are discussed, one name that features am...
 
Why you ought to Buy a home in Bay Location Real estate Like Walnut Creek, Brentwood and Antioch?
Published by Yurem on January 3rd 2012 | Real Estate
As a result of continuing economic situation worldwide the values of bay area houses for sale may be...
 
Make profitable investment in mohali real estate
Published by Deepti on May 10th 2012 | Real Estate
Real estate is among the most significant aspects that contribute towards the growth of the country...
 
Factors influencing the investment in residential real estate
Published by Deepti on April 17th 2012 | Real Estate
Investment in residential real estate and getting good returns is a task that requires a lot of hard...
 
Investment in residential real estate
Published by Deepti on May 7th 2012 | Real Estate
Making profitable investments in residential sector of the real estate needs much hard work and dili...
 
Investment in residential real estate- a lucrative option
Published by Neha Gupta on May 8th 2012 | Real Estate
For a potential investor, investment in the real estate means a good deal of sense. When it comes to...
 
It’s time to go with real estate India again
Published by Mike Nicholson on May 4th 2012 | Real Estate
Those days are gone when real estate in India was not a lucrative sector. Today, it has developed in...
 
Acquire your dream home with the help of real estate agents
Published by Deepti on May 3rd 2012 | Real Estate
If you are planning to buy a house, there are lots of things which need to be considered and planned...
 
Real estate marketing is essential
Published by John Mathews on August 4th 2012 | Real Estate
In the real estate business, marketing is very essential. The more effort you put in with your marke...
 
Get authentic and reliable real estate renting company
Published by Abhay Singh on January 7th 2012 | Real Estate
Rapid industrialization and urbanization is paving the way for more and more demand for flats and ot...
 
Hire estate agents Marlow for smooth property deals
Published by Ricky Charles on January 4th 2012 | Real Estate
Many businesses have flourished and doomed but the real estate business has somehow managed to keep ...
 
Gain more insight on making investment in real estate
Published by Mike Nicholson on January 30th 2012 | Real Estate
In this article, I will explain the basics of real estate investment. Let’s start with the definit...
 
Costa Rica real estate investment opportunities
Published by John Mathews on July 11th 2012 | Real Estate
Costa Rica presents some of the very best real estate investment opportunities with a massive market...
 
Real estate listing with Discount realtor
Published by Jim Shoun on May 3rd 2012 | Real Estate
How much do you understand the advantages of real estate listing as For Sale By Owner? Well, list of...
 
Rising investments in Bangalore real estate
Published by Prop Tiger on July 4th 2012 | Real Estate
The Bangalore commercial market has witnessed a healthy transaction activity throughout the month of...
 
An outlook on residential real estate
Published by Deepti on May 10th 2012 | Real Estate
In the last few years many sectors in India have flourished and opened up to many investors from dif...