Hiring a skip tracer is probably the next real estate opportunity no one is talking about. Not all potential opportunities can be contacted through the usual means, which include social media, email, and calling via cellphone. Discovering these hidden opportunities could get you selling faster than you thought!
Below, we break down the benefits of skip tracing as well as how to hire a skip tracer.
First Of All, What Is Skip Tracing?
Despite how interconnected we’ve all been due to the internet, not everyone is easily accessible. There are individuals who simply don’t have social media or an easily accessible phone number. They could also be maintaining a nomadic lifestyle that leaves them difficult to contact.
Using Skip Tracing For Real Estate
People who are difficult to find usually leave behind abandoned homes, or properties that have been left unattended for a long time. Skip tracers are established professionals who can meticulously find these people and convince them to sell their house to certain clients.
These clients are usually house flippers or wholesalers, who intend to buy the house initially and sell it for a much higher price to a new homeowner.
Profiting With The Aid Of A Skip Tracer
What is a realistic situation that could benefit from a skip tracer?
Let’s say you chance upon an abandoned or neglected home, and you notice that after repairs and cleaning, it could sell for much higher than it’s valued currently. The owner is nowhere to be found, and is almost impossible to contact.
You then hire a skip tracer, who then tracks down the absentee owner via publicly accessible information. If they decide to meet with you, you can offer around $80,000 for the property. The owner takes the money amicably and you two part ways.
After you hire professionals to clean and repair the house, it can now be sold for much higher than you initially acquired it for, and you place it on the market for $200,000 after closing costs and taxes. You just made a profit off a property that was barely used, and just introduced a happy client to their new home!
It takes a while to convince these absentee owners to sell, however. The benefit of hiring a skip tracer is that they can help you convince them to sell their property, so the burden of negotiation isn’t completely on you.
Legally Acquiring Information
If you’re worried about the fact that skip tracers may be illegal to hire, we’re here to tell you that this need not be a concern. Professional skip tracers employ 100% legal strategies by gathering publicly sourced information to contact an individual of interest.
Here are the kinds of data skip tracers usually look at first:
- Utility bills
- Job applications
- Phone number databases
- Public tax information
- Driver’s license
- Vehicle registration
- Criminal background checks
- Courthouse records
- Credit card applications
- Credit reports
If none of these turn out to be good leads, a professional skip tracer would meticulously track the person’s network. This includes emailing and cold calling family, friends, relatives, co-workers, and other people who may be close to the person you want to trace. It’s not too different from being a private investigator!
At the end of the day, people who are hard to find can still be good leads for doing business. They may have their own reasons for wanting to be off the grid, but that doesn’t mean that you give up on contacting them. Skip tracers do all the searching and contacting for you, so getting started is as simple as trusting a tracer who can get the job done for you!
Get The Best Leads For Your Business Through Us!
Best Skip Tracer is a skip tracing company with only the best data delivered at the best price to increase your results. We’re proud of our lowest costs in the industry with over a thousand orders completed and a turnaround of just 18 hours. Not only do we deliver results, but we are also committed to donating 5% of our profits to charity.
Getting started with us is easy! Just sign up on our website, upload your list, and submit payment while we work.