Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Burlington, MA
20
Votes |
43
Posts

Writing an effective YELLOW LETTER

Account Closed
  • Real Estate Agent
  • Burlington, MA
Posted

Hello Everyone,

So I started to do some research on yellow letters. The letters seem TOO generic. I'd like to add in something showing empathy but not too deep where it would irritate someone. Something along the lines of "I understand this may not be an easy time and I would like to help." Is that too much?

Also, where could I do some research on the specific property to find out what the situation of the foreclosure is so that I can make the letter more personalized.

That'd be awesome!

Thanks in advance!

Stephani

Most Popular Reply

User Stats

123
Posts
123
Votes
Matt Skinner
  • Developer
  • Los Angeles, CA
123
Votes |
123
Posts
Matt Skinner
  • Developer
  • Los Angeles, CA
Replied
The most effective yellow letter is the one that goes out consistently and repetitive. Frequency is more effective than messaging. Telling your prospective seller over and over again that you are ready and willing to buy is better than telling them you empathize with their situation in one well researched letter. I often tell my team it's better to send 10 people the same letter 10 times than to send 100 people one letter one time.

Loading replies...