Desperate Sellers Are Likely To Be Common Place In The Next Couple Of Years


Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Real estate investors have an advantage in markets that are littered with desperate sellers.  The market has picked up throughout 2013 and there are fewer desperate sellers.  An investor either has to search harder for these sellers or wait until the market switches in their favor.  Investors should expect that the market is likely to point in their favor over the course of the next few years due to a number of reasons.

In order to find desperate sellers in a seller’s market, real estate investors must pursue them with vigor.  An investor can set up an advertising program or enter the market directly and talk to the people in the area.  This hands-on approach allows investors to find deals that other investors can’t.

Real estate investors who wait eagerly for the market to switch in their favor are likely to have free access to desperate sellers.  The reasons for this switch are because there are likely to be fewer buyers on the market and more sellers.  The large number of sellers on the market is going to give investors an opportunity to pick the properties they are looking for and convince sellers to lower the price or offer concessions.

Real estate investors who target desperate sellers as the market switches in their favor will have more competition from other investors.  Be unique when searching for desperate sellers and don’t get involved in a bidding war with another investor.  There are a few different ways to target desperate sellers that haven’t been approached by other investors.  Once way to target these sellers is to find them before they list their property.

In order to find desperate sellers before they list their property, it is necessary to be proactive and in tune with the market.  Many investors scout neighborhoods and talk to the residents in the area.  These investors are likely to find homeowners who are going through hard times and are looking to sell their house quickly.  Investors need to gauge the profitability of an investment like this and make an offer.  Those sellers who are extremely desperate will accept this offer, without even contacting any other investors.  This is an ideal situation for a real estate investor, as they can set their own price without having to compete with others in the industry.

Real estate investors who wait until there are a large number of desperate sellers will be able to secure better deals, but will have more competition overall.

Asking questions with these tips in mind will help save real estate investors thousands.  For more ideas related to real estate investing, call or visit us a Homevestorsfranchise.com.  We are the nation’s number one home buying franchise with over 15 years of experience.  Our company has a vast assortment of real estate investment and real estate franchise opportunities available to help you grow your real estate business.  Come see us for more information.

Tags: , , , , , , ,

Leave a Reply

You need to enable GD extension in order to use Simple CAPTCHA.