Motivation Indicators are key criteria used by investors to identify great deals. In Property Filter, our goal is to highlight these indicators or ‘pain points’ of vendors - often signs of motivated sellers. This helps investors make informed decisions.
Property Filter's aims to streamline investors’ efforts by strategically identifying the motivated sellers, reducing the need to contact hundreds of prospects. We are here to help you achieve more with less effort.
For Sale & To Rent
This motivation indicator highlights properties currently for sale that have previously been available for rent. There is a 99% chance that these properties are tenant-occupied, given their rental history. The "FS & TR" indicator is particularly valuable because properties with tenants can be challenging to sell, primarily due to the complexities and risks associated with inheriting tenants, some of whom may be problematic.
However, for a savvy property investor, this presents a unique opportunity. The presence of tenants can typically be leveraged to negotiate a lower purchase price. Equipped with detailed and relevant information about the property, you are positioned to make strategic, informed decisions that capitalise on these circumstances.
Let's Analyse
The example below highlights a property currently available For Sale that was also advertised for rent 178 days ago. Given this rental history, there is a 99% likelihood that the property is currently tenant-occupied. This scenario presents specific considerations for potential buyers, especially investors, regarding the status and implications of inheriting existing tenants.
The property in the example below is currently listed For Sale and was previously advertised for rent 499 days ago. Notably, it is also available for auction, which indicates the vendor may be facing challenges in selling the property through conventional means. The combination of its rental history and auction listing suggests potential complexities that could be affecting its marketability, offering strategic insights for potential buyers or investors.
Property Filter Action
To effectively filter properties that are both For Sale and previously listed To Rent, use the following steps:
Select the FS & TR Motivation Indicator: By clicking on the FS & TR motivation indicator in the Property Filter, you will be shown properties that currently have tenants inside. This filter specifically targets properties with motivated sellers who are facing difficulties in selling their property. This approach helps streamline your search to identify potential investment opportunities where sellers might be more open to negotiation due to these challenges.
2. You can add these properties to your pipeline and start with the due diligence.
