• Contact us
  • Cookie Policy
  • Home
  • Privacy Policy
  • Terms and Conditions
Business Growth Network
  • Home
  • Business Advice
  • Consultancy
  • Finances
  • HR
  • Marketing
  • Sales
  • Telecoms
No Result
View All Result
  • Home
  • Business Advice
  • Consultancy
  • Finances
  • HR
  • Marketing
  • Sales
  • Telecoms
No Result
View All Result
Business Growth Network
No Result
View All Result
Home Sales

How Any Real Estate Agent Can Generate New Leads & Listings from Foreclosures

2 months ago
in Sales
Reading Time: 4 mins read
0
sales management sales performance management sales lead management lead management system lead generation pipeline management crm lead management pipeline crm

The title to this text is a fairly daring assertion, however when you’ll enable me a few minutes of your time at this time, I’ll present you how one can reap the benefits of a brand-new Real Estate area of interest that almost all Agents do not learn about. It’s not that they are not conscious of it; it is simply that they have not put two & two collectively.

This new supply of Real Estate Leads may imply one other 100 – 600 new, very motivated (Seller) Leads which might be determined on your skilled assist. And that is just for a market of 100,000 properties. You’re market may have much more.

Why hasn’t this chance been out there earlier than?

Well, prior to now all of the items weren’t available. Today, the know-how is in place, the turnkey business-in-a-box-training-systems can be found, and the marketplace for this enterprise could be very ripe & rising.

Foreclosures would be the subsequent massive factor in Real Estate Leads

We are sometimes requested by our Coaches Corner{tm} Newsletter Subscribers (350,000+): “What’s the next big thing going to be for Real Estate Agents?”

Well, when you requested me that query particular to Real Estate Lead Generation, I’d must say Foreclosures & PreForeclosures are going to be the subsequent massive factor for New Real Estate Lead Generation.

You’ve in all probability already heard that Real Estate Foreclosures, as of April 2007 U.S. Foreclosure Market Report (printed by RealtyTrac® – the #1 on-line authority for Foreclosure information), are up by 62% nationwide from April 2006. Some states are up by as a lot as 3,325% (New Hampshire).

Real Estate Foreclosures Rates proceed to develop

Recently USA Today printed an article about the truth that 75% of the brand new residence mortgages in California are No-Doc-Loans (some trade consultants name them liar-loans). These No-Doc-Loans enable the home-owner to make use of acknowledged earnings and sometimes enable them to borrow more cash at larger debt-to-income ratios than they might historically. The no-doc loans have develop into very prevalent within the final couple of years and are actually broadly used nationwide.

In my opinion, nearly all of these liar-loans are Real Estate Foreclosures in embryo. It’s doubtless only a matter of time earlier than the householders get into hassle and fall into Foreclosure.

Over a Million Real Estate Foreclosures Each Year

According to RealtyTrac®, with whom we have established an unique partnership, the variety of Foreclosures will doubtless exceed 1.2 million this yr if we proceed at this tempo. To learn the whole May fifteenth, 2007 press launch for RealtyTrac®’s U.S. Foreclosure Market Report click on right here.

What this implies for the typical Real Estate Agent in a market with 100,000 households is that about 127 new properties will enter some state of Foreclosure per thirty days. Some of the not-so-average counties will see 431 new foreclosures per thirty days for those self same 100,000 households. So, that implies that there will probably be 14 new Real Estate Foreclosure Listings per day per 100,000 households.

If you had the house vendor data in a well timed method and have been outfitted to cope with this particular sort of lead, it may imply 100 – 500 model new leads each month in a market with 100,000 households.

Most Real Estate Agents do not know easy methods to deal with prospects in Foreclosure and often see them as junk prospects. So, there’s little or no competitors for you on this area of interest when you develop into a Real Estate Foreclosure Expert.

Couple that with a really extremely motivated residence vendor, and you’ve got a recipe for New Lead Generation Success.

Do you recognize your State’s Foreclosure Rate? If it is solely the nationwide common, you may have 1 Foreclosure for each 783 households like fairly a little bit of the nation? How many households do you’ve got in your market, and what does that equate to in Foreclosures? An entire lot regardless of the place you reside!

The Foreclosure Rates are rising virtually all over the place and there are already an infinite quantity of potential leads for you the place you reside, so take motion and equip your self with as a lot data as you’ll be able to on Real Estate Foreclosures. The data will enable you carve out a model new area of interest in Real Estate Foreclosures in your space and enable you develop your Real Estate Business.

Tags: crm lead managementlead generationlead management systempipeline crmpipeline managementsales lead managementsales managementsales performance management
Previous Post

Benefits Of Accounting Outsourcing Functions

Next Post

What Is a Company Profile and How Do You Create One in Investment Banking?

Next Post
BUSINESS HELP business plan help help writing a business plan small business advice help starting a small business help with marketing marketing advice business startup advice help starting a business help for small business owners small businesses to support online

What Is a Company Profile and How Do You Create One in Investment Banking?

No Result
View All Result

Recent Posts

  • The Brand Name SFI (Sell – Furnish – Install) Lead
  • How Banner Ads Can Help Your Business to Grow
  • Cloud Accounting Software
  • Affiliate Marketing, Digital Marketting, Digital Advertising, Online Promotion
  • Effective Business Consulting Has Given Rise to a New Breed of Leaders

Categories

  • Business Advice
  • Consultancy
  • Finances
  • HR
  • Marketing
  • Sales
  • Telecoms
  • Contact us
  • Cookie Policy
  • Home
  • Privacy Policy
  • Terms and Conditions

© 2021 businesshelpandadvice.com - We are the premier website for business engaging content, focused on helping business owners and decision-makers launch, build, and expand their businesses.

No Result
View All Result
  • Home
  • Business Advice
  • Consultancy
  • Finances
  • HR
  • Marketing
  • Sales
  • Telecoms

© 2021 businesshelpandadvice.com - We are the premier website for business engaging content, focused on helping business owners and decision-makers launch, build, and expand their businesses.

This website uses information gathering tools including cookies, and other similar technology. We use cookies to personalize content and ads, to provide social media features and to analyze our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information. Ad and Cookie Policy
Cookie SettingsAccept



Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT