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Author Topic: Not getting results yet  (Read 6690 times)

Offline Newbie1968

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Not getting results yet
« on: April 18, 2017, 02:30:02 AM »
 I have been writing yellow letters for homes on the sheriff sale list for 4 months now sending consistently 20-30 per week to homes in my county.  I am having poor success.  Any tips or ideas would be greatly appreciated. I am starting to get discouraged.

Offline InvestorBill

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Re: Not getting results yet
« Reply #1 on: April 18, 2017, 07:29:32 AM »
What does your message say? Some things work better than others.

Offline Newbie1968

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Re: Not getting results yet
« Reply #2 on: April 18, 2017, 09:14:43 PM »
My message is simple

Hi My name is Lee and I want to
                BUY
your home 123 Durie Ave
Pleasecall me at 222 222 22222
Thanks
Lee

Offline Randoskie

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Re: Not getting results yet
« Reply #3 on: April 19, 2017, 12:11:34 PM »
Hey Newbie, who exactly are you sending these letters or post cards to, Sheriff's sales? Is that houses that are headed to auction?
It might be too late to buy those houses and the owners were probably already evicted by the banks.

I've had my best luck sending to absentee owners. You can buy a list of those from listsource or listgiant.
It's expensive, 10 to 15 cents per name and you may have to buy a minimum of 5,000 With postage and supplies it can be a ball buster.
I recommend starting off by recruiting bird dogs and the bandit signs and driving the lower income neighborhoods yourself at first.

My first direct mail campaign cost me $4,000, I got one deal that paid $2,000  Luckily I was too dumb to quit and after I learned how to spot a deal and with some negotiation skills my next campaigns were more profitable.

Good luck, and never give up..

rando

Offline WolfHouse

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Re: Not getting results yet
« Reply #4 on: April 19, 2017, 01:54:57 PM »
I second the absentee owners.

And if you're getting discouraged, just remember the framework is simple...

a) Fish in the right pond (audience)
b) Fish with the right bait (message)

Offline realestatelayne

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Re: Not getting results yet
« Reply #5 on: April 26, 2017, 03:14:37 AM »
Don't get down on yourself for not getting any deals yet. This business takes time. You've already shown you have what it takes just by starting. Most people wouldn't even have enough courage to do that. keep the faith, i mean whats the alternative, quit? there no reward in quitting. But it if continue on you'll have better chance to achieve your goal

Offline mcprops

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Re: Not getting results yet
« Reply #6 on: April 30, 2017, 06:44:15 AM »
Quote
20-30 per week to homes in my county

 10- 20 a week is not enough. It's a numbers game and you should try to send a least 10/ day.

I hand write my envelopes and try to send 20/ day. It's a lot of work, but worth it.

Persistence pays off, don't be discouraged. If you work past the point were you want to give up, success is right around the corner

Offline Myershomesolutions

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Re: Not getting results yet
« Reply #7 on: October 14, 2017, 03:35:27 AM »
Keep up the hard work!

Offline Dmccright

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Re: Not getting results yet
« Reply #8 on: October 14, 2017, 01:36:37 PM »
Hey Newbie, who exactly are you sending these letters or post cards to, Sheriff's sales? Is that houses that are headed to auction?
It might be too late to buy those houses and the owners were probably already evicted by the banks.

I've had my best luck sending to absentee owners. You can buy a list of those from listsource or listgiant.
It's expensive, 10 to 15 cents per name and you may have to buy a minimum of 5,000 With postage and supplies it can be a ball buster.
I recommend starting off by recruiting bird dogs and the bandit signs and driving the lower income neighborhoods yourself at first.

My first direct mail campaign cost me $4,000, I got one deal that paid $2,000  Luckily I was too dumb to quit and after I learned how to spot a deal and with some negotiation skills my next campaigns were more profitable.

Good luck, and never give up..

rando

Most are tax deed list and have a hand full of absentee homes on them.

Offline Dmccright

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Re: Not getting results yet
« Reply #9 on: October 17, 2017, 03:06:38 PM »
This is my advice since I have a bit of time. What is a poor response? Are you getting the letters back? No letters back? What envelopes are you using?

My other advice is to reword your letter. In any situation where big government is breathing down there spine you need a call to action.

Dear. Mr.seller

Your home has just been added to the boobadoodle County tax sale list. I can help by putting money in your pocket and selling that house before the government does! Act now or you may lose out and get nothing for yourself.

Your friend,
Damon

Offline Dmccright

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Re: Not getting results yet
« Reply #10 on: October 18, 2017, 09:06:01 AM »
I'm about to do a tax sell campaign so I got my juices flowing. I attack it this way most times because there is a bunch of useless properties on there.



Dear. Mr. Seller

You have been added to incognito County tax list. If you don't pay your taxes the county will sell your property at auction for penny's on the dollar. Let me pay your tax debt and get that burden off your back by selling your property.


Call me at:555-5555 and ask for Damon

Hurry up or the government may have already sold your property!



I make a offer on all prospects. Sometimes I get told to pound sand but it's a numbers game.

Offline ThePropertyWhiz

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Re: Not getting results yet
« Reply #11 on: October 18, 2017, 01:45:34 PM »
Who are you mailing to?  You can get a few deals doing 20-30 a week, but it has to be an audience that isn't already getting bombarded by mailings. 

Offline Dmccright

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Re: Not getting results yet
« Reply #12 on: October 18, 2017, 09:08:24 PM »
Who are you mailing to?  You can get a few deals doing 20-30 a week, but it has to be an audience that isn't already getting bombarded by mailings. 

It's the free tax sale list of what ever county he is in. Probably not the easiest list to find sellers.

Offline WPropertiesOK

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Re: Not getting results yet
« Reply #13 on: October 29, 2017, 06:32:29 PM »
Just keep at it and a deal will come. Some advice I can offer:

1. Increase the number of mailers you are sending out. If you are handwriting these, maybe print the letter and hand address the envelope to save some work/time.
2. Evaluate the calls you have gotten so far. Did you find motivation in the people that called you? Go back and look at some of those leads. What could you have done differently? Maybe nothing, maybe something. Make sure you stay in contact with the leads where you want the house and there is motivation to sell.
3. If you aren't getting calls, maybe change your list up or try doing something other than mailing. For example, you can cold call the same list. You can door knock the list also.
4. If after 5-6 months and still no deal or good leads, you need to reevaluate what you are doing. Maybe change lists. Maybe increase number of mailers or your efforts to reach the sellers. This is the hard part of marketing though. You don't want to abandon lists too early but sometimes you need to call it dead. I've mailed people for 6 months and got nothing but on the 7th or 10th, they finally call ready to sell. A part of success here is timing also.

Offline earlwhite

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Re: Not getting results yet
« Reply #14 on: November 30, 2017, 05:46:24 AM »
That's a very very small quantity. Hard to imagine getting a deal off 30 letters, let alone 30 leads, depending on your market.
Earl White
House Heroes LLC, Vice-President
http://www.househeroes.com

 




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