Finding Lease Options thru Realtors
My favorite way to find lease option sellers and put together lease option deals is thru real estate agents.
Why?
They know their sellers. Their sellers tell them everything! This means they know which sellers are motivated to sell their homes. They know which sellers are considering renting their homes out if they can't sell it. They know if their sellers have already moved on to their next home and don't need their cash out of this home right away to get on with their life.
See what I mean? They know the criteria that makes for a lease option seller. The only thing is they don't always know what lease options are.
That's where I come in. Or where my students come in. If a real estate investor is looking to do a lease option deal they need to explain to the real estate agent how lease options benefit their sellers and how lease options benefit the agent. In my lease option investing boot camp I train my students how to do this. In this video clip you can see 2 of my students practicing talking to a real estate agent, answering questions about lease options and the benefits to both the home seller and the Realtor.
Tags: Lease Option, lease option investing, Lease Option training, Lease Options, real estate agents, realtors, Wendy Patton
August 29th, 2011 at 8:24 am
[...] before I realized that I needed to work with Realtors because of their control over the sellers. Realtors pre-screen everything for you and in general their sellers aren’t in financial trouble. The [...]