Are you competing with List Source?
Off-market property listings are excellent opportunities listed on conventional property listing services. The unfortunate events on the seller’s side motivate the seller to put the property on sale, together with a financial dilemma or an owner looking to exit their property quickly for some other reason. Furthermore, we maintain a unique database to help realtors read such properties rapidly. We carry out an innovative process of collecting and processing raw data, which is then listed and cross-referenced before sending it to a realtor or investor. Are you getting your money’s worth with your real estate list source in Virginia?
Get deals in Virginia?
First, buying and selling real estate property involves the most substantial wealth transfer between the parties involved. Eight, there are times when properties sell for higher or lower than expected prices. Coupled with distressed real estate properties, equity is essential to succeed in this business. These listings provide excellent transfer of wealth in real estate. Usually, off-market leads are discoverable in the retail market, and potential buyers are out of sight. If you are beginning your real estate investment journey and looking for your first investment, we help you start with our excellent real estate listings.
Find real estate below the market.
Real estate list source data in Virginia starts with probate; sellers usually have a professional or personal connection with the decedent. Besides, they will likely be experiencing a grieving process under pressure to help out heirs or other parties selling the real estate. Executors are most likely to be paid a mortgage from the property every month; any cash received from the sale gets removed. Lastly, the odds of an executive with a real estate professional are remote. As a result, the executives are unwilling to go through the time, effort, and money to fetch a good value from the dissident property. In addition, heirs or owners are likely to sell the property for radius reasons. They were leaving sufficient room for negotiating. The continuous demand for real estate across the country gives the investor the potential to make a substantial profit on their investment.
Some of the common reasons for selling property under market value include
- Immediate need for money
- Living and working in a different country or state
- Property is becoming an unnecessary burden, and has no interest in spending money on maintenance
- Heirs in need of instant cash
Marketing to off-market real estate.
Moreover, “The early bird gets the worm” and “The squeaky wheel gets the grease” are key to success. Finding the owner or person who can execute a deed is paramount. Marketing to Foreclosure listings and Probate estates takes a different approach in marketing campaigns. Your Probate lead source, for example, starts with a unique 4-6 week mailing campaign. Furthermore, recommend handwritten letters with colored envelopes and distinctive markings. Technology has arrived, and an effective way to communicate your intentions is postcards with pictures of the real estate imprinted. Postcards are fast and exceptionally effective.
Marketing must include working the returned mail and people changing addresses over time. Databases, including government databases, courthouses, and property appraisers, to name a few, have outdated or incorrect information. In addition, skip tracing is a tool to sort out address issues and phone numbers, broaden your search criteria and give you more information. For example, If John Doe has three addresses, mail to all three addresses. Each lead source is marketed differently based on life events. We do not recommend calling heirs at first. A high percentage of family members are in the grieving process. Other lead types require knocking on doors. For this reason, employing all means necessary beats your competitor to the deal. What works for you depends on location demographics and other factors, including personal preferences.
Why buy a probate real estate house?
Buying a house with pre-probate leads gets you to the deal at the wholesale pricing level. Off-market real estate leads are mainly valuable to buyers getting the real estate at non-retail pricing. The purchase price of any real estate transaction is the most crucial part of any real estate transaction. Heirs do not intend to keep the property and want to liquidate fast. Heirs are generally willing to sell for lower prices than the market value and are motivated sellers.
A lower purchase price makes it convenient to obtain financing. Additionally, buying low increases the possibility of making desirable changes and reselling the house at a profit. We do all the necessary footwork for you. All you have to do is focus on the results.
Nicolas Chacon, Western USA Territory Manager
Is the executor willing to sell?
When an investor is planning to purchase a property listed with List source, there are certain things investors should keep in mind when approaching heirs. They don’t want to offend anyone but search for liquid active leads selling below market price.
In particular, the process begins with sending them a letter first. Start expressing one interest in the property with marketing. Your First marketing letter should be polite and framed to allow the buyers to find the person to execute the deed. Some heirs are highly motivated and willing to sell their properties immediately. Others seem to be addressing their real estate shortly.
Consequently, dealing with distressed property is often a complex task without proper knowledge and experience in the field. The marketing usually starts with returned mail and people changing their addresses frequently. It is coupled with a database process that begins with raw data from courthouses, government agencies, property appraisers, and sources with information. Therefore skip tracing is an effective tool to sort out address issues in phone numbers and helps enhance the search criteria. It clearly defines the benefits of employing a skip-tracing service to stay ahead in real estate. The selection of suitable property mainly depends on factors like location and personal preference.
Who are we?
Supplying the industry’s hottest off-market real estate leads. The majority of our customers have come by referral since 2004. Getting you first on the scene at warp speed with a seller of real estate is paramount. Raw data is cross-referenced and delivered in most states in one day, giving you the advantage over a competitor. Our mission is to find real estate with actual equity from motivated sellers. Our products include Foreclosure, Probate, Pre-probate, Inheritance, Divorce, Eviction, and Code Enforcement. Us doing the research will save you time, so you can focus on revenue-generating activities such as wholesaling, rehabbing, and flipping properties. Finding you a real estate deal is our mission. Furthermore, we gauge our success as a company by the success of our customers.
The last thing you want is to market to people with old data. We’ve heard horror stories of wasting time and money only to discover the real estate sold months ago. Don’t let it happen to you.
The term motivated seller refers to property owners willing to sell their holdings at a price lower than the market value. The term also refers to individuals considering selling the property with favorable terms. We help investors find properties that do not require any down payment interest or financing plan. Finding sellers that offer all these benefits can be pretty tricky.
Most importantly, motivated sellers usually have a strict timeline that they are willing to meet. For instance, these sellers typically look for opportunities to sell their property quickly, which is one of the reasons they often quote prices lower than the market value.
Start finding distressed properties and excellent investment opportunities at wholesale prices. When utilized effectively, brokers and realtors use our leads to find listings and maximize profit.
Real estate list source Virginia near you
Disciplines in the real estate profession attend meetups and clubs—an excellent resource for networking for new and seasoned investors. Our customers are nationwide. Approved vendor at a National Real Estate Investors Association (REIA) event near you. Calendar of events