If
you're fed up with your competition and are ready
to carve out a brand new niche for yourself in Real
Estate that 99% of Agents think are junk prospects,
it's time to look into...
“Foreclosure
Mastery™”
|
How to generate new leads & listings by mastering:
Foreclosure Lead Capture, Foreclosure Lead Qualification,
and Foreclosure Lead Conversion
(Obtain the Complete System Born from
Dirk's Strategic Partnership with RealtyTrac®)
Dirk Zeller
Tuesday, 6:12 am
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I am
often asked: "Dirk, what's the next big thing going
to be?"
Well,
if you asked me that question
specific to lead generation, I'd have to say foreclosures
are going to be the next big thing for new lead
generation.
You've
probably already heard that foreclosures, as of last
month's U.S. Foreclosure Market Report (published
by RealtyTrac® - the #1 online authority for foreclosure
data), are up by 63.5% nationwide. Some counties
are up by as much as 20,300%.
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"Foreclosures
Up 63.5% Nationwide on Average"
About
a week ago I read an article in USA Today about the
fact that 75% of the new home mortgages in California
are No-Doc-Loans (some industry experts call them
liar-loans). These No-Doc-Loans allow the homeowner
to use stated income and often allow them to borrow
more money at higher debt-to-income ratios than they
could traditionally.
In
my opinion, the majority of these liar-loans are
foreclosures in embryo. It's likely just a matter
of time before the homeowners get into trouble and
fall into foreclosure.
According
to RealtyTrac®, with whom we've established an exclusive
partnership, the number of foreclosures will
exceed 1.2 million this year if we continue at this
pace. To read the complete press release for RealtyTrac®'s
U.S. Foreclosure Market Report
click here.
What
this means for the average Agent in a market with
100,000 households is that about 100 new properties
will enter foreclosure per month. Some of the not-so-average
counties will see 595 new foreclosures per month
for those same 100,000 households. So, that means
from 3 - 20 foreclosures per day per 100,000 households.
"100
- 595 Brand New Leads Every Month"
If
you had this information in a timely manner and were
equipped to deal with this specific type of lead,
it could mean 100 - 595 brand new leads every month
in a market with 100,000 households.
Most
Agents don't know how to handle prospects in foreclosure
and usually see them as junk prospects. So, there's very
little competition for you in this niche.
"Very
Little Competition in This Niche"
Couple
that with a very highly motivated seller, and you
have a recipe for new lead generation success.
So,
if you are interested in carving out a brand
new niche for yourself in Real Estate that 99% of
Agents think are junk prospects, you can find out
more below.
I
implore you to take a few minutes to investigate
this new program. It may be a way for you to set
yourself up with a long-term strategic advantage
over your competition and could truly lead you to
the achievement of a new level of success in your
business.
Your
grateful Coach & Trainer,
Dirk
Zeller, CEO
RealEstateChampions.com
P.S.
To see how your state matches up on the Nationwide
Foreclosure Heat Map, take a quick look below. |
How does your state look on the map above? Do you have
1 foreclosure for every 400 households like quite a
bit of the country?
How many households do you have in your market, and
what does that equate to in foreclosures?
The
table below displays all the different types of foreclosures
and types of defaulted properties specific to individual
markets. The reason being, defaults & foreclosures are treated a
little differently depending on where you live. But,
for the most part, you can ignore the NODs, NTSs, NFSs,
LISs, and REOs. Focus instead on
the column that is labeled TOTAL.
"How
Many Foreclosures are in Your Area?"
The Total Column gives you the total number of foreclosures
in September for your state. The column next to
it gives the number of households per 1 foreclosure
in your state. So
for example, if you are in CA, the
total number of foreclosures in September was 14,806 and there was 1 foreclosure
for every 825 households, which (as the far right
column shows) was an increase of 196.48% over last
year.
How's your area? Are the foreclosure rates growing?
Are there already an enormous amount of potential leads for you?
U.S. Foreclosure Market Statistics by State
| Rate Rank |
State Name |
NODs |
NTSs |
NFSs |
LISs |
REOs |
Total |
1 for every #HH |
%Change from Aug 2006 |
%Change from Sep 2005 |
-- |
United States |
25,379 |
43,840 |
6,285 |
19,338 |
18,179 |
112,210 |
1,030 |
-0.96 |
63.50 |
32 |
Alabama |
0 |
297 |
0 |
0 |
232 |
529 |
3,712 |
39.58 |
195.53 |
22 |
Alaska |
9 |
98 |
0 |
0 |
12 |
118 |
1,739 |
31.11 |
40.48 |
11 |
Arizona |
0 |
0 |
2,493 |
306 |
103 |
2,902 |
754 |
12.79 |
39.65 |
18 |
Arkansas |
24 |
997 |
0 |
0 |
100 |
1,121 |
1,046 |
29.00 |
18.50 |
12 |
California |
12,317 |
2,023 |
0 |
0 |
485 |
14,806 |
825 |
18.58 |
196.48 |
1 |
Colorado |
75 |
3,228 |
0 |
0 |
1,182 |
4,485 |
408 |
-26.22 |
24.51 |
15 |
Connecticut |
1,226 |
157 |
0 |
0 |
2 |
1,385 |
1,000 |
556.40 |
4846.43 |
43 |
Delaware |
4 |
28 |
0 |
0 |
4 |
36 |
9,530 |
2.86 |
260.00 |
48 |
DC |
0 |
0 |
0 |
0 |
11 |
11 |
24,986 |
22.22 |
-8.33 |
4 |
Florida |
0 |
0 |
1,609 |
11,050 |
390 |
12,946 |
564 |
-21.22 |
40.98 |
5 |
Georgia |
5 |
4,136 |
0 |
0 |
1,026 |
5,167 |
599 |
-13.41 |
31.71 |
42 |
Hawaii |
18 |
43 |
0 |
0 |
2 |
63 |
7,310 |
50.00 |
-35.71 |
29 |
Idaho |
10 |
185 |
0 |
0 |
7 |
202 |
2,603 |
-16.18 |
18.13 |
7 |
Illinois |
0 |
0 |
979 |
5,881 |
1,069 |
7,431 |
658 |
7.56 |
86.85 |
6 |
Indiana |
1,578 |
1,764 |
0 |
0 |
704 |
3,968 |
636 |
12.00 |
61.43 |
40 |
Iowa |
23 |
41 |
0 |
0 |
141 |
176 |
7,003 |
-22.12 |
27.54 |
30 |
Kansas |
105 |
211 |
0 |
0 |
5 |
321 |
3,514 |
-16.41 |
221.00 |
24 |
Kentucky |
300 |
400 |
0 |
0 |
192 |
892 |
1,963 |
1.36 |
430.95 |
39 |
Louisiana |
30 |
166 |
0 |
0 |
151 |
347 |
5,427 |
9.46 |
73.50 |
49 |
Maine |
4 |
13 |
0 |
0 |
2 |
19 |
34,310 |
-59.57 |
171.43 |
33 |
Maryland |
5 |
545 |
0 |
0 |
22 |
572 |
3,745 |
48.57 |
13.94 |
14 |
Mass. |
1,619 |
1,112 |
0 |
0 |
8 |
2,739 |
957 |
373.06 |
14315.79 |
3 |
Michigan |
163 |
4,569 |
0 |
0 |
3,117 |
7,846 |
538 |
14.36 |
199.24 |
34 |
Minnesota |
18 |
393 |
0 |
0 |
122 |
533 |
3,880 |
-15.53 |
252.98 |
45 |
Mississippi |
4 |
46 |
0 |
0 |
29 |
79 |
16,061 |
-1.25 |
-15.05 |
23 |
Missouri |
25 |
522 |
0 |
0 |
877 |
1,385 |
1,760 |
4.61 |
47.18 |
35 |
Montana |
2 |
96 |
0 |
0 |
6 |
104 |
3,962 |
79.31 |
-7.96 |
19 |
Nebraska |
5 |
373 |
0 |
0 |
139 |
516 |
1,393 |
66.45 |
47.43 |
2 |
Nevada |
1,482 |
351 |
0 |
0 |
86 |
1,919 |
452 |
-4.81 |
237.26 |
50 |
New Hampshire |
0 |
11 |
0 |
0 |
6 |
14 |
39,073 |
-17.65 |
600.00 |
16 |
New Jersey |
2,473 |
589 |
0 |
0 |
159 |
3,221 |
1,028 |
7.65 |
30.88 |
31 |
New Mexico |
129 |
60 |
0 |
0 |
25 |
214 |
3,648 |
-37.24 |
-28.67 |
26 |
New York |
0 |
0 |
1,204 |
2,101 |
319 |
3,622 |
2,120 |
-20.17 |
45.29 |
25 |
North Carolina |
549 |
99 |
0 |
0 |
1,017 |
1,665 |
2,114 |
-19.21 |
83.17 |
47 |
North Dakota |
3 |
1 |
0 |
0 |
10 |
14 |
20,691 |
40.00 |
100.00 |
9 |
Ohio |
95 |
3,390 |
0 |
0 |
3,309 |
6,794 |
704 |
-9.03 |
17.16 |
17 |
Oklahoma |
465 |
487 |
0 |
0 |
479 |
1,430 |
1,045 |
3.77 |
45.47 |
28 |
Oregon |
148 |
456 |
0 |
0 |
31 |
635 |
2,293 |
20.72 |
11.40 |
21 |
Pennsylvania |
1,120 |
1,767 |
0 |
0 |
245 |
3,125 |
1,680 |
9.92 |
31.36 |
27 |
Rhode Island |
0 |
204 |
0 |
0 |
0 |
204 |
2,156 |
45.71 |
20300.00 |
38 |
South Carolina |
19 |
92 |
0 |
0 |
264 |
368 |
4,763 |
-17.30 |
8.55 |
44 |
South Dakota |
1 |
20 |
0 |
0 |
0 |
21 |
15,391 |
-44.74 |
23.53 |
13 |
Tennessee |
273 |
1,575 |
0 |
0 |
914 |
2,757 |
889 |
16.23 |
28.05 |
8 |
Texas |
274 |
10,856 |
0 |
0 |
873 |
11,988 |
671 |
-16.00 |
23.13 |
10 |
Utah |
444 |
588 |
0 |
0 |
45 |
1,077 |
714 |
2.87 |
17.07 |
51 |
Vermont |
1 |
1 |
0 |
0 |
0 |
2 |
147,191 |
0.00 |
0.00 |
41 |
Virginia |
2 |
314 |
0 |
0 |
84 |
400 |
7,216 |
-5.88 |
76.99 |
20 |
Washington |
27 |
1,326 |
0 |
0 |
88 |
1,441 |
1,660 |
-10.66 |
46.29 |
46 |
West Virginia |
2 |
46 |
0 |
0 |
3 |
51 |
16,561 |
-3.77 |
-50.00 |
37 |
Wisconsin |
303 |
138 |
0 |
0 |
57 |
498 |
4,624 |
-31.12 |
-2.35 |
36 |
Wyoming |
0 |
26 |
0 |
0 |
25 |
51 |
4,389 |
54.55 |
131.82 |
-- |
United States |
25,379 |
43,840 |
6,285 |
19,338 |
18,179 |
112,210 |
1,030 |
-0.96 |
63.50 |
| Rate Rank |
State Name |
NODs |
NTSs |
NFSs |
LISs |
REOs |
Total |
1 for every #HH |
%Change from Aug 2006 |
%Change from Sep 2005 |
September 06 Data*
©2006 RealtyTrac®
Foreclosure
Mastery™ Module 1 - RealtyTrac®
Agent Alert
 We've
established an exclusive partnership with RealtyTrac®,
the leading online marketplace for foreclosure
properties. They've agreed to grant you your first month
of instant access to properties in your county for FREE.
Imagine for a minute having this service email you the
very minute a property in your particular county goes
into default. With that alert also comes the property's
address, homeowner's name, value of the property, the
loan amounts on the property, and (~60% of
the time) the contact's phone number.
"The
#1 Source for Online Foreclosure Data"
RealtyTrac® is the most trusted, comprehensive
and convenient foreclosure marketplace for Real Estate
Agents. They...
|
• Are
the nation’s #1 source of foreclosure listings.
•
Have
over 1 million properties – updated daily – including
pre-foreclosure, bank foreclosures, for sale by owner
(FSBO), foreclosed homes via auction, new homes and
MLS listings.
• Have
the most detailed and trusted property data of all
national providers.
|
Included with your first month's membership to RealtyTrac® Property Alert
is a membership to the RealtyTrac® Real
| |
