Which is the most productive and quickest way to find sound deals?

what are they i can think of 2 dont no if they are the best way

1) estate agents

2) leaflets


are there more

In my own experience, the fastest ways in rough order (and it's by no means exhaustive)...

(1) Ready made deal providers (very low reward, but great for learning the ropes)
(2) Auction - need to be an experienced property investor
(3) Property professionals - surveyors, solicitors, etc.
(4) Own marketing, in rising order of outlay, extreme patience and persistence ESSENTIAL:-
(4.a) Leaflets (2nd best: because can target precise demographics)
(4.b) Posters, banners, leaflets in shops etc.)
(4.c) Own website (needs very clever design to filter out tyre-kickers - read Deep's Manual)
(4.d) Newspapers
(4.e) Targetted mail/emails - buy a direct marketing list (best: precisely targetted)
(4.f) Radio
(4.g) TV (very expensive, but virtually zero competition)

I haven't ranked traditional estate agents because it's impractical to search for the one in a million who has the right attitude. Most believe that "BMV" means (say) 10% discount, and if you offer 11% discount they will recommend to the seller that they wait for a better offer. Also, despite the strict requirements of Estate Agent Act most lie and it becomes impossible to tell what the real situation is.

Suggestion: buy Deep's Manual which explains marketing in great detail (click Tycoon Store tab at top of page), or Greg "Rialto" Jackson's manual (register on Lead Introducer then use the email address to contact Greg to obtain his entire Marketing chapter for free).

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AlanO
Leads wanted in England, Scotland and Wales. We buy Cash/Nett. Market-leading fees paid
NEW IMPROVED: We pay any fee! for pre-agreed London 25%+ BMV deals. We buy with hard cash. See website for conditions
www.LeadIntroducer.co.uk

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Unlike Alan, I rate estate agents at the top but it all depends what you're after. I'm not so focused on BMV but instead I like to concentrate on my local area where I can keep an eye on things. I like deals with land potential as there's a high reward potential and you can often get a property out of it to add to the portfolio.

I'm waiting to hear on an offer today on a 3 bed semi that has potential for a plot (possibly three). If it comes off I'll share the step-by-step process with tycoon members.

Courting estate agents is a slow process and it can take years to really cultivate a relationship. What's good about it is that, over years, your network grows. Say you get to know one agent, you then get to know all the other agents in that office. As time goes on, those other agents move on and your contacts spread and so it goes on. If your reputation is a good one it's easy. My advice is to be a man/woman of your word and do what you say you'll do. Agent's love people who they know won't let them down. Like most things in life, don't give up if you hit a bit of resistence, keep plugging away until you get a chance to prove yourself and when you get that chance - don't screw it up.

BMV is something I intend to look deeper into although I'm not sure there's too much happening in the South of England but I'll give the providers a go as a starter for 10.

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