Bird dogging is a strategy in real estate where an individual or a company locates potential deals and passes them on to a wholesaler for a fee.
Here are ten ways to use bird dogging with wholesale real estate:
- Identify potential deals: The bird dog can help wholesalers identify potential deals by finding distressed or vacant properties, or by searching for homeowners who are motivated to sell.
- Market research: Bird dogs can also help wholesalers research market trends, analyze property values and find emerging neighborhoods.
- Lead generation: Bird dogs can generate leads by reaching out to homeowners through direct mail, cold calling or door knocking.
- Inspection of properties: Bird dogs can visit properties to assess their condition and take pictures and videos to share with the wholesaler.
- Negotiation: Bird dogs can negotiate with property owners on behalf of wholesalers to secure the best deal.
- Marketing: Bird dogs can help wholesalers market their properties by creating compelling ads, virtual tours or online listings.
- Network building: Bird dogs can also help wholesalers build their networks by connecting them with potential buyers and sellers.
- Follow up: Bird dogs can follow up with potential leads and keep wholesalers informed of any new developments.
- Administrative tasks: Bird dogs can help wholesalers with administrative tasks such as organizing paperwork and tracking deadlines.
- Finding other bird dogs: Bird dogs can refer other bird dogs to wholesalers, creating a network of lead generators that can help wholesalers scale their business.
