New Market Challenge Day 5 - Finding Buyers For Your Deals
So far in our New Market Challenge, we\u2019ve talked about how we choose our markets, how we put together our marketing strategies, how we make offers, and how we talk to sellers. Day five of our challenge is all about finding buyers for your deals. There are different ways to do it depending on whether you\u2019re flipping houses or land. The goal is to make sure that your numbers are good. If they\u2019re wrong, you\u2019ll learn that from the buyer. If you\u2019re well networked and understand where and what your buyers are buying, you\u2019re going to have an easier time.
Buyers come and go, and you need to be networking all the time. Some of the most important folks to get in front of are cash buyers, realtors, property managers, and wholesalers. Gavin and I show you some examples of how we gather intel with the right tools. One of the most fundamental tips is that you\u2019ve got to answer the phone. If you like money, you\u2019ll need to pick up those calls because you never know who\u2019s on the other end. You also always need to be marketing for buyers, whether that\u2019s direct mail, a cold calling campaign, or something else that works for you. Gavin and I also walk through some examples of how to have conversations with buyers once you\u2019ve targeted them.
What\u2019s Inside:
\u2014Who to network with to find buyers.
\u2014Why do you need to answer your phone.
\u2014How to talk to buyers and what to ask them.