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Motivated Seller Secrets

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A Motivated Seller is one that has a house with some underlying situation that is pressing them to sell. You have several homeowners that want to sell - these are the tire kickers in our industry. Far too often, investors focus on the problems with the house instead of the problems with the owner. A Motivated Seller is one that has to sell. They are willing to work with you to make the situation right. This underlying situation is causing some sort of pain in their lives. See, pain is a bigger motivator for people than pleasure. People will do crazy things just to avoid pain in their lives, which creates real opportunity for you to provide a solution to their pain involving their Real Estate.

What Makes A Seller Motivated? Here we will discuss the many ways that a person can become motivated:

· Death: They have had a family member to die and they have inherited a house that they do not want. They are tired of maintenance issues, cutting the grass, utility bills, insurance bills, and the threat of someone braking into the house. In most cases, these types of deals need a lot of work and are great for flipping to other investors or even fixing the house up to sell.

· Foreclosure: When a homeowner defaults on their note, the bank forecloses and as a result, they end up with a house that they never wanted in the first place. The longer the house sits vacant - the more motivated the bank will become.

· Preforeclosure: This is where the homeowner has fallen behind and the bank is threatening foreclosure action, yet they have not completed the foreclosure process yet

· Absentee Owners: When homeowners move into another house, many times, they are forced to make two house payments. This can cause an unbelievable burden and stress for the homeowner. Here you will find great motivation from people that already living paycheck to paycheck. When the burden of a second house payment is added, the struggle is too much and they must sell quickly.

· Tired Landlords: Never have I been more motivated to find a property that during a messy, ugly eviction. And as a matter of fact, I've not had one yet that wasn't ugly. See, if you have to go as far as eviction proceedings, the property more than likely, is going to be a disaster. Take my word for it as a previous landlord, there is nothing worse than taking a house back after an eviction.

· Divorce: Many divorced couples experience the financial strain and the house that they once called home ends up in the middle of a foreclosure process. You can help by allowing them to move on with their lives and put the house behind them.

· Job Transfer: In my area, there are a lot of government jobs, which means there are a lot of relocations. This can be an overwhelming hassle having to deal with a realtor and the house after you have already moved out of the area.

The fact is that there are more situations than we could possibly ever cover. As every homeowner's situation is different, you begin to see patterns of likeness among motivated sellers and you can begin to pick which ones are motivated and which ones are the tire kickers.




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