Posted by Craig (IL) on July 21, 2002 at 07:03:13:
Betch know. Yes, run ads to sell to build a list. Buyer’s lists don’t last forever, of course. If your market is hot, people won’t be on it very long. So, its a constant effort to maintain. Buyers are only out one phone call by responding to your ad if you don’t sell them a house. So no big deal.
Obviously, a buyer’s list helps you evaluate your risk when looking at a house to leverage. If you have several buyers waiting for that kind of property. . . . How long it would take to move a property depends on several factors, but a buyers list can help you move it faster.