Getting Pre-Foreclosure Leads for FREE!
Five Highly Effective Lead Sources That Can Triple Your Deal Volume
Almost everybody with the exception of couple of savvy investors goes after the courthouse leads for pre-foreclosures. Strategy has its good and bad points. Almost everybody ignores the easy and always free lead sources available to anybody, living anywhere in United States wishing to be involved in buying pre-foreclosures.
Big Lead Source #1: Loan Officers
Big Lead Source #2: Title Companies
Big Lead Source #3: Appraisers
Big Lead Source #4: Divorce Attorneys
Big Lead Source #5: Bankruptcies Lawyers
Although I don’t have enough space here to explain the steps needed to create a powerful network of referrals flooding your fax machine every day, I will try to give you a basic framework of how this thing works. Almost half of my marketing system detailed in my Instant Foreclosure Profits System (available in September) is dedicated towards create a FREE Lead Sources almost instantly to get you pre-foreclosure leads.
This is how it works – no foreclosure happens in a vacuum. In any given house going into foreclosure there are several parties involved. Some of these parties involved are the people in the real estate industry like loan officers, title companies, and appraisers. Some of them are the reason the house is in foreclosure – divorce or impending bankruptcy.
But the point to understand is that the question that haunts you – where to find foreclosure leads – is pretty simple to answer.
I will touch on two lead sources that I have used very successfully – loan officers especially working for medium size mortgage companies are excellent sources of referrals. These companies rely on telemarketing to get them mortgage leads. When they get homeowners in foreclosure, they cannot do anything to help them – the leads go into garbage. Offer 10 loan officers a $500 bonus if the deal closes and your fax machine will be flooded with leads every week. Gold Plus Coaching Member Nick Mackris complains all the time about the flood of leads they get from just ONE mortgage company.
Personal bankruptcies are up 900% in the last 10 years. 247 people file for personal bankruptcy in Southeastern Michigan – every day!!! A simple fax sent out to 20 bankruptcy attorneys (information available for free in your local yellow pages) will get you leads – instantly.
