When it comes to marketing, is it generally better to target out-of-state property owners for land deals, or do out-of-county owners in the same state yield similar results?
A bit more work having to filter out each county’s zip codes (and potentially towns close by), but it would help bulk up a list of potential sellers.
Anyone have any thoughts on this?
@theakx I do out-of-state as I find they have not visited the property in many months or years. They tend to have less preconceived ideas as to value.
The further away they live, the better. As @realestatenews said, out of state tends to do better, but out of county is good too. As long as the property isn’t in their regular line of travel and it’s something they don’t see or think about in their day to day, you’ll see more motivation from those folks.
When I filter my lists, I include both of these groups (out of state and out of county), which is easy to do with datatree. Other data services might not let you isolate both of these groups in the same list, but data tree does.