Why Use a Real Estate Lead Generation Service?

A real estate lead generator service connects motivated sellers with real estate investors.

Real Estate lead generation involves putting homeowners that are desperate and/or very motivated to sell right away in touch with real estate investors that are looking to buy and make money. The real estate lead service is contacted by the sellers asking for help in finding an investor to buy their house fast.

Wehavehomeleads.com is a lead generation company that asks tons of questions and compiles detailed information regarding the seller’s situation, property, and mortgages and listing status. This is VERY helpful to investors because it saves them time. The investor not only doesn’t have to spend the time asking questions, the lead information also allows the investor to know their purchase strategy before ever speaking with the seller. We all know that time is money in business.

Once all the information is gathered a team of real estate lead professionals decide if the lead is quality and has enough equity to send to the subscribers. If so, the real estate leads are emailed to the subscribers in real time. If not, the leads are tossed and considered a waste of time. Endless amounts of time and potential profit are spent and wasted on marketing attempts to find real estate leads. A real estate lead generator guarantees quality leads in your area will be emailed to investors daily.

It is a great idea for beginner and veteran investors to use a real estate lead generation service because it will increase your profits. It is equivalent to hiring an entire team of marketing and real estate lead qualifying professionals. This allows the investor a fixed monthly cost for marketing with a guarantee of success, more time to focus on closing deals and making more money!

Not all real estate lead generation companies have the same high standards as Wehavehomeleads.com.

Benefits of Buying Property with Cash

Sellers will often accept a lower all cash purchase offer over a higher priced offer with conventional or FHA loan financing. The purchase process is typically faster because fewer issues arise and the deal is more likely to close.

One of the issues that arise is the home not appraising for the purchase price that the buyer is requesting. Lenders use the comparative method to set the amount they are willing to lend or mortgage. Appraisals also known as comparable sales, involves choosing 3 properties and comparing those values to the property being purchased, adjusting upward or downward for updates / missing features. Often the deal will fall through unless the buyer puts more cash as a down payment or the seller discounts the selling price.

Another road block to obtaining a loan to buy a house is the borrower not qualifying for a loan once under higher scrutiny. Even if a buyer may be pre qualified to buy a home the types of loans and qualifications can change before the deal is closed.
The greatest benefit to buying with cash is a faster closing. Since the buyer doesn’t need 30-45 days to obtain a loan, closing can take place in as little as one week. This is a win-win because faster closings put money into the seller’s hands sooner and fewer problems can arise.

Real estate owned property owners are more likely to accept a cash offer due to the high number of foreclosures they have. Buying property for cash also allows the buyer to have a sense of security, not worry about mortgage payments, have equity available in case of financial emergency, and there are not restrictions on title transfers due to an underlying loan.

Real Estate Investing is THE Popular Investment of Today

Investing in real estate and buying foreclosures seems to have replaced stock investing in some circles as the hot topic of conversation. There is always a “popular” investment…in the late 1990s it was tech stocks, now those investors seem intrigued by the return potential on distressed properties. All of these new investors are looking for quality real estate leads.

Some think that a good place to find these is at foreclosure auctions. However, if they haven’t sold already by the time a property reaches the auction block, it's probably worthless as a short-term investment. The way to make great profits is to find the distressed property in pre-foreclosure, before the foreclosure it final.

What is pre-foreclosure? It's that period between when the lender files a foreclosure lawsuit or notice of default in the public records and the date the property is to be sold at public auction or trustee's sale. The average time it takes to foreclose on a property varies widely by state, from 90 days to 10 months.

There are a few options when searching for quality equity filled real estate leads. You can generate your own leads, which takes extensive research to find pre-foreclosures that are actually motivated and willing to sell and are interested in selling to an investor. The hardest and most expensive part is finding the real estate leads. The other option for generating real estate leads is to hire or team up with a service that will do it for you. Not all companies are created equal so be sure to research the company and understand what they offer for the money, what type of commitment you have to agree to. The highest recommended company of this sort it Wehavehomeleads.com. They really simplify and decrease stress for real estate investors by making it effortless to get quality motivated leads. This company sends leads to subscribers email inbox daily, have no long term commitments and even guarantee their service.

After the leads are in your hand you need to use persistence and diplomacy to convince distressed homeowners that you're part of the solution, not the problem. Once you've scaled the short learning curve, the sky's the limit, according to Bill Bronchick, Denver attorney and author of "Flipping Properties: Generating Instant Cash Profit in Real Estate."

"It's simple, but it's not easy. It has a higher learning curve than the stock market, but there is a directly proportional measure between experience and results. In the stock market, people can do it for years and still be bad at it. In real estate, the more you do it, the less risky it gets," he says. "Your only chance to buy someone's equity at 50 percent or less is to deal directly with the owner in foreclosure prior to the property being sold," he says.

There is awesome money to be made in today’s hot investment of pre-foreclosure properties. Some supplement their day jobs to the tune of $60,000 a year doing it on the side. Many others have made a VERY successful full time career out of investing in real estate leads of all sorts. Gone are the days of working 9a-5p for someone else you have to be motivated and MAKE success and wealth happen in your life.