Business Broker Outreach

by a searcher from Heriot-Watt University

2 years ago

Good day all, 

While I am looking at a few possible deals I am also looking to add more to my deal flow funnel. Does anyone have tips or strategies to increase deal flow? I'm especially focused on the broker community, and I have a geographically narrow search. Any email or letter templates, any swag tricks, networking, anything that catches the eye of brokers and makes them more willing to share quality deals? 

Thank you, 

Marc

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searcher from Lehigh Univervsity

I recently spoke to a self funded searcher who outsourced handwritten letters. I believe the cost was under $1 per letter and he mentioned several brokers appreciated this type of outreach and remembered him better because of it.

10 months ago | like reply | 0 likes

searcher from Heriot-Watt University

Thank you Delia. Appreciate you taking the time to offer a response and I agree with your commentary. Allow me to offer a little more context to my question. I have defined my buying criteria and I have communicated my level of seriousness to brokers. I've done this via email but I've contemplated sending written letters. Have you or anyone else found that to be a good use of time? I know what I do with letters.... trash! But I'm trying to differentiate my approach. Has cold calling brokers been a successful strategy? Has anyone purchased leads? I know many programs sell these but from my research they aren't worth the money. Also open to non broker methods of increasing deal flow. Thanks again Delia and to this wonderful community.

2 years ago | like reply | 0 likes

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