I haven't found motivated sellers. Please help.

[nsu1997]

Actually I used the email scripts from some L/O courses and forums to contact Clist FSBO/FRBO and Forsalebyowner.

This is the basic message to the FSBO/FRBO:

1. ...."would you consider doing a rent to own or lease purchase?"
2. .... "I have pre-screened T/Bs looking for a nice house to RTO in your area"....
3. I tell the sellers the benefits of doing a L/P transaction

Most said "no", some just want to sell, some just want to rent, some want to wait until the market goes back up, a couple said scam, a couple may consider it, but only if I live in the house myself, some said "tell me more", after I've told them everything humanly possible about L/O.

Yes, I think many are unmotivated. I was told to use CList and On-line websites if one had a low marketing budget. I heard some people claim they get a "YES" out of every 20 FSBO/FRBO contacts from CList.

So, how and where does one find the really motivated sellers?

Thanks!!
Pete

Try not to sound eager or at all desperate...more like, "I don't need to buy your house but you need to sell it, I may buy it if it fits my needs" trust me it'll come across in your voice either way...seem too eager and you lose...also don't tell them everything you know about anything! Tell them what they need to hear, which is how your solution will help THEM solve THEIR problems. So in other words you don't explain to them how L/Os work, you tell them "your payments, maintenance, and repairs will be taken care of until I get the house resold for cash." Tell the truth, be straight up, but don't get bogged down in the mechanics of the transaction...they just want their itch scratched, and your job at that point is to not tell them HOW you'll scratch it, but to actually scratch it. I hope this makes sense.

Here's a great chapter on prescreening...should be required reading IMO... http://tinyurl.com/67o6jy9

[Peter114]

Thanks nsu1997 for sharing that great advice and information!
I will keep you posted on my results.

[PBCHomes]

If people think you are really out to help them (which you should be... dont focus on yourself greedy!) I think you're more likely to get a lead from them

[dillingerx]

I can't afford to spend a lot of money and I want to get a deal done now

What is your budget exactly?

[moellerryan]

Getting discouraged just means you have to work harder and possibly do something different until you find what works.  Sending out mailers could work, just make sure you don't only send once, it may take 2-4 mailers before a distressed seller contacts you.  With that in mind, 1200-2000 mailers could be expensive so you may want to narrow down your target.

It comes down to a numbers game.  You get enough deals into your pipeline, fliter out the duds then evaluate the prospects in 10 mins or less.  Write a lot of offers and sooner or later you will start to find deals and you will find what marketing is effective.  Keep working hard and don't ever give up, again if something doesn't work then try something different and work harder.