8 Deal Flow Ideas to Find Motivated Sellers

March 21, 2024
by a searcher from Pennsylvania State University in Annapolis, MD, USA
I am often surprised how often people don't follow-up with prospective sellers. Anything in sales is about follow-up and follow-through. In creating deal flow make sure you are holding yourself and your team to the basics of checking back to see if the owner now wants to sell.
I was recently going through our CRM and saw 2 aged seller leads that somehow slipped through the cracks.
I called them and found out that now is the time!
I got them an updated LOI.
Hopefully they will sign.
Fortunately, 99% of acquirers only use email (which of course everyone ignores, is lazy, and is lazy)
You can do this in so many other ways as well that are low cost and will get people's attention:
1) Physical mail
2) Physical post cards
3) Physical newsletters
4) A phone call to cell
5) A phone call to office
6) A text to cell - (one at a time - not robo text)
7) Linkedin message
8) Twitter message
I am sure that there are other methods.
Put them in the comments.
from Ivey Business School at Western University in Victoria, BC, Canada