Hello everyone, this your Host Harvinder Grewal. How is everyone doing? I am doing great. Hope you are all healthy and safe too. Today I want to start my podcast by saying thank you for connecting and listening to me. In my last podcast I talked about how to do virtual wholesaling. Some of you contacted me after listening to it and asked me to create an episode on how to find leads.
So, Today, I am going to only talk about finding leads.
Some new wholesalers have this issue and they think Finding leads is even more difficult now because of the lockdown. To be honest with you its not as difficult as you think.
You just have to try a few different methods and see which one works best for you.
Let’s talk about some of the methods I’ve used in the past.
The first and the easiest method is Kijiji. Yes you heard me right—Kijiji. It’s a tested method and it works. I know some of you must be saying to themselves, “oh there’s too much competition on Kijiji. I’ll never get a deal there.”
Well, the truth is that if you wait for a seller to list a property, and then contact him, then Kijiji will definitely prove too much competition. There’s also the fact that you have to be checking Kijiji constantly because everyone knows this method and everyone is using it. But what if I tell you I have a different method you can use to find deals on Kijiji? Will that excite you? Let me ask you this question, have you ever thought about contacting a landlord who placed an ad to rent out his place? He might be struggling to find the right tenant, or might be too tired to deal with tenant issues. But he is not putting his house on the market because he does not want to pay commission to a realtor. If you approach him with the right technics, then that could become a potential lead.
The second method is mailing flyers. Most people say sending flyers through Canada post is expensive. It is expensive because Canada post provides very good service, so they charge a high amount for it. If you want to use a less expensive method for flyer delivery, then make a post on Kijiji for a delivery job. Hire someone from there to deliver flyers for you. It is a less expensive option, and also yields results. However, don’t forget to track the results. The Third method is the Facebook market place. These days Facebook market place is very popular. People buy and sell stuff there a lot. You can find a private house sale there as well. Sellers who do not want to pay commission to realtors put up their properties there. When you are checking listings on Facebook market place, make sure you read the directions properly because some realtors post there listings there too. If you are looking to deal with the seller directly, then you need to avoid those listings which are listed by realtors unless it’s a really good deal.
The fourth method is realtor.ca. I have found good deals on realtor.ca. and yes, you can find deals there too . I know some of you would be thinking they can’t find good deals realtor.ca because these days market is very hot and there’s bidding war on every property. I get it, but if you put out 5 offers every day for 30 days in a row, I’m pretty sure you will find one deal on realtor.ca to wholesale.
No matter what method you use, what that matters most is how often you use that method. If you are continuously working on finding a lead, trust me, you can easily find one good lead every month. The reason I can say this with confidence is because I have done it and I’m still doing it.
So guys those are 4 methods I used in past. Hope those methods and strategics will help you too.
It’s time to wrap up the episode. I’ll bid you goodbye with this quote, “Opportunities don’t happen, you create them.”
Bye everyone, stay heathy and safe.