cash buyers from agents

Have them contact the local MLS support number. They will be able to walk them through it.

This is from a post from another coach, Matt Walton, a while back.

I had lost it once before and someone finally found it for me, so I keep reposting it so I never lose it again.

"Cash Buyers List From Real Estate Agents

Quote from original post on this listing. "One thing I need help with is finding out how to find the addresses of people who have bought properties with cash in the last 90 days. I live in Michigan. The book says to contact real estate agents and get the names and/or property addresses that were purchased and then find the tax records using that information. That would work great, except the agents I contacted have not sent me that information yet. I don't actually think they know how to find it."

Many people ask this same question. "How do I get an agent to get this information for me in a timely manor?" I have done this with real estate agents all over the country and it works every time. As you are talking with your agent about properties and as you are developing a relationship with them, here is a way that you can get this information from them very easy.

If you just ask them to get you a list of cash buyers from the MLS, you will get a bunch of blank stares, or they will say "sure no problem" then you will find yourself waiting and waiting with no success and no list.......

Instead, ask them this way. Ask the following questions by making statements of fact to the agent.

1- "you know how when a property sells that is listed on the MLS there is a place where the agent has to check if the property was purchased using Financing, or Cash? (the agent will say yes to this if they have ever closed a deal because they had to do this).

2- I then tell them "and you know how the MLS is one big database where you can search for information using a ton of different criteria right? (they will always respond yes to this one if they have ever closed a deal again)

3- I tell them "I need you to do something for me". "I need you to run a search using the main criteria,,,, Properties that sold using CASH as the way of financing and get me the addresses to the property. Doing this works every time.

I have found that in some areas like Ohio, once a property has been sold for at least 90 days, the name of the buyer is released to the MLS and they can give it to you because it is public record. In other states, you can still easily search county records for names of buyers if you enter the address of the property.

Using this strategy works great and it helps to teach the agent how to do the search for you without making them feel like you are talking down to them.

Happy investing.

Matt W."

Thank you for all the valuable information. I will pass this along to the agent and will let you know how it goes.

I just sent your info from your post to the agent. Hopefully this will work out for him and we can get some buyers!

Am new here, but Kareng u r an angel...
Thanks.

ask for "cash solds"

This is valuable info for your agent for future reference. You are opening the doors to let your agent know that the MLS is a great tool that he can utilize. It is very common to find agents that do not really know everything that the MLS can do for them and you. Hopefully you have a great agent who is open to learning new things.

good luck!

Karen

Do like Mike said ask for "cash solds" not cash buyers.