Off-market Opportunities?

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September 04, 2023

by a searcher from Stanford University - Graduate School of Business in Dallas, TX, USA

Hi everyone, have you ever discovered and engaged with off-market deals or opportunities that are not extensively promoted? What strategies have you found effective for building relationships with potential sellers?

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Reply by a searcher
from University of Massachusetts at Amherst in Charlotte, NC, USA
^redacted‌ I am looking for off market opportunities in a niche which uses specialized equipment. I reached out to an equipment manufacturer and asked for a demo. They connected me to a local business that had their equipment - I did learn a lot from the demo and also found that the business owners were interested in selling. However, this particular business was not a fit for my criteria (also evident from my visit) but I might continue with the strategy to connect with more biz in the area.
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Reply by a searcher
in New York, NY, USA
i know there area a few threads on off market search and a few folks I know mailed out letters they personally signed that got them a response from one seller. another person i know dropped off a xmas card on xmas eve and got a call the next day from a plumbing company.

it seems that business owners do respond to hand written cards/signed letters - might be worth a try within an area near you for simplicity and testing out the market.
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