No, not at a high level - just referral clients from other first-time homebuyers.

I made a commitment 40 years ago to focus ONLY on listings....

I don't know that I ever have. Most have credit concerns or end up staying in the rental. 

In my market that is not a reality, since the average entry level home is around $800k and the average entry level condo is around $650k... most renters lack the Down payment to be able to buy a home. What market are you in? Endre

Not really, credit worthiness seems to be a real problem.

I try, most are not ready to make the move, but then many of our renters are students.

Yes, not very often.

Sometimes.

No. At one time I thought it would be a good plan to direct mail renters but I never put that plan into action William P.

I would say at a moderate level, but nearly all have little to no savings. Just this week though i was able to get a renter pre qualifed for fha, they now have their dream home under contract

Not my niche.

Nor recently! Credit seems to be the drag!

no

A high-level conversion in most markets would concern me.

I've always believed that not everyone should be a homeowner.

OTOH, interest rates will go up so perhaps renters w credit and money could be enlightened that if they're going to do it, now might be the time.

I agree with everybody that no doubt has said most are renters because they can't buy, not because they don't want to.

Having said that, I deal w commercial leases and people w funds to make a purchase are seeing rents go up. They must have longevity in their business in order to qualify, usually for SBA but if they can (once government is back up and running), it could be a good move to acquire if the stars align and the figures makes sense.

Fortunately, I'm good at determining both of those things. 🎱🎯💰📒

Not at a high level, but yes...

I am planning on running a renter campaign this year, so I expect to see them convert at "some" level... and I hope it's a high level.  

No, I've given that up years ago as credit scores were too low overall to get much ROI.

Not sure I understand what convert at a high level means. I've sold homes to many buyers who were renters for various reasons. Next week will be working with a former client whose home I sold when he relocated and he's been renting since. Now that he's relocating back to Charlotte he'll be buying again.

I tried this for a few months several years ago, lots of money spent, NO deals.

Not I.... the renters I see are renting because it's their only or best option. 

not at a high level - I am working with lots of renters but they come to me wanting to buy

No.  Only converted one.  My others have moved out of state.

The level would be higher if I had nore houses to sell

I have had some that are first time home buyers - others have to wait due to credit challenges -

Never tried it.

I do seminars with one of my lender and have good luck.

William,

It happens more often on the high end.  A

WE own a property management company, so yes, I frequently have tenants who become buyers.  Typically, they are on the lower end of the spectrum, but sometimes, people relocaating want to rent for a while to check out areas and then buy.  My last 3 clients were tenant-buyers. 

You can convert renters if you handle rentals.

My agents loved Saturday floor duty when the renters were walking in.

Offer to take over the remainder of there lease , as long as it’s not greater than a 25% Referral Fee ( or a number of your choosing)

Not my wheelhouse. 

No.

Not at a high level.   But these are people we should focus on.  All want the American Dream of owning but just don't know the loan options out there.

  I like to think I focus  on advertising to these people to get them in a home.

renter-> 1 month rent deposit.

buyer-> $320K cash down for a $1.6M modest home here. $48K emd.