8 Data-driven Ways to Pick a Farm Area that Compounds for Years
Discover strategic insights to select a real estate farm area with lasting growth potential.
Austin Beverigde
Tennessee
, Goliath Teammate
Choosing the right farm area is crucial for real estate professionals looking to maximize their investment and build a sustainable pipeline. With Goliath's data-driven approach, you can leverage advanced tools and insights to ensure your farm area selection compounds benefits over the long term.
1. Leverage Real-Time Data Updates
Goliath provides real-time seller data updated hourly, ensuring you are always working with the most current information. This allows you to identify shifts in the market and seller behavior as they happen, giving you a competitive edge in selecting a farm area that is ripe for growth.
2. Utilize Advanced Filtering Options
With Goliath, you can apply a range of filters to narrow down your farm area selection. These include location-specific filters like city and ZIP code, as well as property attributes such as bedrooms, bathrooms, and property type. Additionally, you can filter by price point, estimated value, and seller motivation, ensuring your chosen area aligns with your investment strategy.
3. Analyze Seller Intent Signals
Goliath's platform is supercharged by AI and seller intent signals, allowing you to identify motivated sellers early. By analyzing these signals, you can choose a farm area where sellers are more likely to engage, reducing the time and effort spent on cold leads.
4. Define Your Buy Box
Users can define a 'buy box' that includes market, asset profile, and price/ARV ranges. This feature helps drive prospect discovery and ensures that your farm area aligns with your specific investment criteria, maximizing the potential for long-term success.
5. Monitor Life and Behavioral Signals
Goliath tracks life events and behavioral indicators to infer seller motivation. Understanding these signals can help you select a farm area with a higher likelihood of seller engagement, as these areas may experience more frequent life changes that prompt selling.
6. Evaluate Financial Signals
By using financial context such as distress indicators, Goliath enriches seller intent data. This allows you to identify areas where financial distress might lead to more motivated sellers, making your farm area choice more strategic and potentially more profitable.
7. Use Portfolio Awareness
Goliath provides insights into property ownership, including how long a property has been owned and how many other properties the owner holds. This information can be crucial in selecting a farm area where property turnover is more frequent, increasing your chances of closing deals.
8. Implement Smart Call Lists and Automations
Once you've selected a farm area, Goliath helps you maintain engagement through smart call lists and automated follow-ups. This ensures that you are consistently nurturing leads in your chosen area, keeping your pipeline active and productive.
By leveraging Goliath's comprehensive data and tools, you can make informed decisions about your farm area selection, ensuring that your efforts compound benefits over the years. With a focus on real-time data, advanced filtering, and seller intent signals, Goliath empowers real estate professionals to build a smarter, more sustainable pipeline.
