How to Get Sellers to Call You and Offer you Their Home for a Rent-to-Own

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Education & Training with Keller Williams

How to Get Sellers to Call You and Offer you Their Home for a Rent-to-Own

Now that we’ve discussed ways to find rent-to-own homes, what would you say to having rent-to-own sellers call you and offer you their home? That’s right. You can just sit by the phone and wait for sellers to call you and tell you about their rent-to-own home.

Many of these sellers will not have their homes listed with a real estate agent, so if you are working with an agent, this may not be for you.

The advantage of having the seller call you is that you already know he is willing to consider rent-to-own. You just need to figure out if his home and terms will work for you.

“Alright Wendy! So how do I do this?”

Posting ads is a way to get sellers to come to you.

Posting Ads

The first way is by posting ads about yourself and rent-to-own. Here is one example:

This is a sample ad of what you would put in the newspaper where space is an issue – the more space you use the more it costs you. These ads though are just enough to get the attention of a home seller who has started to think about what choices he must make if he doesn’t sell soon.

You can also post an ad on FREE sites like Craigslist, Yahoo! groups and Google groups. I also recommend posting some flyers on community bulletin boards as well as posting flyers using these FREE Internet sites. These methods are much cheaper than the newspaper classified ads and may be all you need.

The whole purpose of these ads is to filter out the home sellers who don’t want tenants and to get the ones that would consider tenants to call you.

Here are some questions you can ask sellers once they call you:

  • Where is your home located?
  • Can you tell me what price you are looking to get for your home?
  • How many bedrooms and baths does it have?
  • Do you know what the rental rates are in your area? About how much were you thinking for monthly rent?

Not only will these questions help you gain more information about the sellers, it will also help you build rapport with the seller as well.  Check out my book Rent-to-Buy to learn more about other ways to get sellers to call you.

Rent to Buy is your hands-on guide to buying your next home as a rent to own.  You can get your next home NOW without having to qualify for a mortgage until later.  To Learn more about Option Agreements purchase your copy of Rent-to-Buy today.

 

Feel free to comment and let me know of other ways you have sellers calling you!

 

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See you at the top!

Wendy Patton

Visit my site to get my #1 tip for finding motivated sellers and my script for closing the deal FREE, $250 value.  www.wendypatton.com

P.S.  Join me on facebook http://www.facebook.com/wendypatton for real estate investing information

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Topic:
ActiveRain Community
Location:
Michigan Oakland County Clarkston
Groups:
Coaching and Mentoring
Diary of a Realtor
Keller Williams 'Rainers
Realtors®
The Art Of Marketing You
Tags:
lease option seller
lease option training
lease to own training
renttobuy
renttoown home
renttoowns

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LeaseOptionArizona

I think <a href="http://www.leaseoptionarizona.com">“lease to own”</a> is the most convenient way in getting your own home. Especially when it comes to monetary issues. You enter into an agreement with the owner that gives the right but not the obligation to purchase. And with lease to own some portion of your payment goes toward paying down the value of house leased in the event you wishes to exercise the option.

May 19, 2011 03:29 AM
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Additional Information

My blog is focused on creative seller financing and mostly Lease Options. I love so share creative ideas on how to put together deals in real estate when typical financing is not available.