In 2016 1.2 vacant homes sold in the last 8 months.
It’s not just a small chunk of the market. A lot of these homes are also part of the luxury market. There’s real opportunity here.
These homes are right in front of you.
The Census Bureau says that 10 percent of vacant homes will list in the next 12 months.
Now that the market is coming back or has came back, these owners are ready to sell. They were underwater during the bust.
Now that housing prices have recovered they can finally afford to sell.
So they put their home on the market. We see this happen all the time.
What about landlords that are just ready to give up and get out of that business? They bought a rental property.
Thought it would be easy. They’d get rich. It doesn’t always happen. Managing a rental is tough. A lot tougher than most people think. So that leads just one question. They notice the housing market. In the news. Prices are going up. Realize they could sell. Make money. Sometimes big money.
Clear, this is a ready market. So the question now is; Are you willing to put in a little bit of time and a little bit of work in order to be successful? Are you willing to put in the 20 hours, or 10 hours, over the next month in order to get two or three listings?
If you put in the time now, and then you figure out how to hire other people to help you out to find the leads, mail the letters, contact them, et cetera. You figure out how to build a system, and you’ll be listing between six and ten houses a month.