Finding motivated seller leads is essential for real estate investors and wholesalers aiming to secure profitable deals. With BatchRank, a brand new AI feature of BatchLeads, identifying property owners who are likely to sell has never been easier. This is our very first step in pursuit of AI in real estate and It analyzes distress indicators to highlight various hidden opportunities, saving you time and effort.
In this guide, we’ll walk through how to use BatchRank to find motivated seller leads efficiently and how you can always be one step ahead of your competition.
The Growing Role of AI in Real Estate
AI is changing industries globally and real estate is no exception. From searching properties to decision making AI in real estate is getting more and more relevant. With the time sensitive and complex nature of real estate transactions, Who gets to the most accurate and timely info first is where the money is. With the introduction of various AI features, real estate professionals can make use of machine learning and advanced algorithms to analyze big data to identify patterns, make more informed decisions, mitigating risk while optimizing profitability.
What is BatchRank AI and How Is It A Game Changer?
BatchRank is an AI-driven new feature available to BatchLeads users, designed to streamline the process of finding motivated sellers. It ranks properties by using sophisticated AI & machine learning algorithms and analyzing over 800 data points. This feature helps you zero in on properties with higher chances of being sold on-market or off-market at a discount, making it a game-changer for real estate wholesalers and investors. It is integrated to the newer version of Batchleads from the entry level Growth Plan itself, making it easily accessible to all real estate professionals.
Step-by-Step: How to Find Motivated Seller Leads with BatchRank
Check out the tutorial below to witness BatchRank feature in action and how easily it helps in finding motivated seller leads with out a sweat.
1. Set Up Your Search Area
Start by using the Property Search tool in BatchLeads. You can search for properties using an address, city, ZIP code, or county. Additionally, you can use the Boundary Tool to manually outline a specific area on the map. This flexibility allows you to target highly specific regions for your lead generation.
For example, if you’re interested in properties in Jacksonville, Florida, type the city name, and BatchLeads will generate the total number of available properties.
2. Enable BatchRank
BatchRank allows you to rank properties as easily as by sliding scale. This scale lets you adjust the ranking from broad to highly specific, depending on how motivated you believe the sellers might be. We use proprietary AI and both supervised and unsupervised machine learning models to drive actionable insights:
- Supervised Learning: Our model learns from past sales and successful conversions, allowing it to predict which leads are likely to sell.
- Unsupervised Learning: This model identifies hidden patterns and trends across vast datasets to uncover new insights you might miss.
BatchRank is available on Growth, Professional, and Scale subscription plans.
Try Batchleads Risk Free for 7 Days – Sign Up Today .
3. Filter Your Results
While BatchRank’s AI works to find motivated sellers, You can layer additional filters on top of BatchRank scores to get even more precise results. For instance, if you’re looking for only single-family homes and want to exclude multifamily units, simply apply the relevant filters. Pre-foreclosure, years owned, Vacant Property are some of our popular filters.
Below example shows Quick Filters > Property Characteristics > Property Classification where you can choose from Residential, Commercial , Industrial etc.
By combining BatchRank with these filters, you’ll be able to uncover niche opportunities that fit your exact criteria and zero in on properties that others might overlook. The more filters you apply, the narrower your results will become.
4. View and Save Property Details
Once you’re satisfied with your search results, start viewing the details of individual properties. BatchLeads offers a wealth of information, including:
- Photos of the property
- Sale and loan information
- Tax information
- MLS listings (if applicable)
- Foreclosure details
- Foreclosure details
- Owner profiles (including multiple property ownership)
This detailed view helps you quickly evaluate whether a property is worth pursuing as a motivated seller lead.
5. Save and Organize Your Leads
When you’re ready, you can save properties into your database. You can hand-select individual properties or select multiple properties in bulk. As you save these properties, organize them using lists and tags for easy reference later.
For example, you could create a “BatchRank High List” to categorize properties from Jacksonville with a high motivation level. Be sure to name your lists and tags clearly to streamline your workflow.
6. Use the Comping Tool and Contact Info
Once you save a list, BatchLeads now provides property owners’ contact information including phone numbers and email addresses without the need to skip trace. To help analyze each property further, The Comping Tool allows you to calculate the current or after-repair value (ARV), giving you a clear picture of the potential profitability of the property. You can use this information to reach out directly or push these properties into your Cold Calling Campaign or Direct mail campaigns.
7. Bulk Actions and Campaign Integration
For investors managing large volumes of data, BatchLeads allows you to perform bulk actions. You can:
- Export properties to a CSV file
- Push leads into a direct mail campaign
- Use BatchDialer to contact homeowners through native dialer.
This feature simplifies the outreach process, making it easier to contact multiple motivated sellers simultaneously.
8. Monitor Your Data
BatchLeads provides quick filters and real-time updates to help you track changes in your property data. As situations evolve, such as a property going into foreclosure or an owner becoming more motivated to sell, you can keep an eye on these developments without needing to run a new search.
Closing the deal
Once you’ve identified motivated sellers, the next step as we mentioned earlier is to initiate direct outreach. This could involve using click-to-dial feature to call, sending direct mail, or scheduling meetings to discuss the property and gauge the seller’s urgency. It’s also crucial to negotiate a purchase agreement that ensures room for profit.
If you are a real estate wholesaler, making sure you have active cash buyers lined up is equally important. Build a buyers list by networking with local real estate investors, attending meetups, and using platforms like BatchLeads or online marketplaces to connect with buyers ready to purchase discounted properties quickly.
Conclusion
Finding motivated seller leads is critical for real estate success. Whether you’re a seasoned real estate wholesaler or just starting out, BatchRank gives you an edge to find and close deals way ahead of your competition. Even though various distress factors are used by the AI, don’t forget to customize your search with filters and tags, utilize the comping tool, and take advantage of the bulk actions feature to streamline your operations.
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