This post originally appeared on the REImobile.com blog. CLICK HERE to view the post.
As real estate investors, we all need to be constantly focusing on increasing our motivated seller lead to deal conversion rate.
The cost of motivated seller leads is astronomical for most investors. Typically, investors are spending between $150 to $450 or more for each lead!
If we don’t increase how many of those leads we make money from, we could go out of business.
What’s the Real Problem Here
Getting motivated seller leads to build inventory for your house flipping business is only part of the battle.
“I don’t ever get any good leads…”
“You can’t get deals like that where I live…”
These are just some of the statements I hear all the time from real estate investors that don’t have their lead to deal conversion ninja skills honed.
The problem most likely isn’t that they aren’t getting good leads or that those kind of deals can’t be found where they are. They just aren’t converting as many of the leads as they could be.
The problem is almost always that they just don’t know how to properly convert those leads into deals.