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How to Find Cash Home Sales in Salt Lake City
Those involved in wholesaling or flipping property, know the need for cash buyers. To find cash home sales, you will have to build your own list of cash buyers. Coming up with the list, can be challenging. However, if you have been involved in the real estate investment industry for any amount of time, you understand how important it is to have a list of cash buyers for wholesale deals. You understand if there are no cash buyers, there are no profits. But just how are you supposed to come up with a solid list of buyers to have on hand? Here are some strategies to help you create your own cash buyers real estate list.
Strategy 1: Real Estate Clubs
There are local real estate investing clubs and investors organizations in almost every region. If you join these professional organizations, you are likely to find cash home sales interests. You may be surprised at how many meaningful business relationships you develop in the process.
Strategy 2: How to Find Cash Buyers Using Public Records
Each county is different as far as how public records is accessed. But they all have information about every sale in the immediate area. If you want to know how to find cash buyers using public records, begin with an online search to locate the page of your local county assessor or the records office. Two main documents get recorded with the county when a person uses financing options to purchase a home. One is the deed, and the other is the lien placed due to the loan. If you find cash home sales records, there will not be a lien since there wasn’t a loan. Another public record you can search for is through the local title company. They may charge you a fee, but they can provide a list of all the properties that sold without a mortgage lien.
Strategy 3: How to Find Cash Buyers on Zillow
You can use the Zillow website or their app and search for properties that were recently sold in the area you are targeting. Enter the address for the property you want to sell and enter the amount you want for it. Once you hit “search” you’ll get a list of properties that recently sold for the amount you are asking for your contract. Once this list is displayed, copy the addresses and paste it into the search on the county assessor’s website. This will show who bought the property. Using cross reference, find them on Facebook, or White pages. Send them a message and explain you are an investor in the area and ask them if you find a good deal, can you send it to them. Most of the time, they will give you their information, so you can establish contact. That’s how to find cash buyers on Zillow.
Strategy 4: Signs and Ads
You don’t have to drive far around your city to find cash home sales signs, banners or ads. When you see ads, whether online or off, advertising they buy homes for cash, take a photo of the sign or ad with your phone. When you get home, add them to your cash buyers real estate list.
You may also want to put out your own signs. Many times, investors will call you looking to make the cash purchase. You can explain your properties are all sold at the time, however, ask them if you can let them know when you get new leads that are coming in every week.
Strategy 5: Post Your Own Ads
There are tons of low-cost ads to be had Craigslist, classifieds, Google AdWords, Facebook, or a local newspaper are just starters. These outlets can be leveraged to find cash buyers for wholesale deals. Find cash home sales interest by putting out an ad similar to:
- Want to Invest in foreclosed or discount properties?
- I’ll find them – you buy them – we’ll split the profits.
This is an effective strategy to reach out to other investors. However, be careful to refrain from making promises regarding the ROI.
Strategy 6: Lead Capturing through Online Sources
It is highly likely you have a website. It’s easy to capture leads if you set it up right. Ask cash buyers to submit their contact information if they want to be added to your buyers list. Remember to drive traffic to your site using a variety of online and traditional ads, or social media channels.
Strategy 7: Blogging
Every single real estate investor should already have a blog. It can be the connector to everything as well as the fuel that keeps it all going. Use it to build credibility, improve Google rankings, and for branding. Link it to your website, your social media accounts, and your emails. It can be a useful funnel to help continue building your presence, retain cash buyers and spread the word in general. Consider guest posting for other related blogs or news sites.
Building a Buyers List Basics
Here at Salt Lake Wholesale Homes we have come way past the what do I need to wholesale houses stage. We have been in real estate investing for many years. Here we have the experience that you may be lacking. We would be glad to help you with this and share what works for us. We are successful and experienced wholesaling real estate investors. It would be our pleasure to connect with you. Part of this business is all about successful networking. There is plenty of properties to go around. So nobody is stepping on anyone else’s toes when they work with each other. We have many of the resources that you may need as a beginner. Even if you are experienced and established in the wholesale real estate business, we would enjoy connecting with you.