Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Direct Mail Buying Process
I've been searching for my first house hack property here in Binghamton NY for over a year now through the traditional realtor/MLS and have had little luck. In my frustration, I've begun to explore the direct mail marketing method instead. After spending hours on the county GIS website I've narrowed it down to about 45 tri/quadplex properties in my desired area. Just have a few questions before I begin:
1) Because I only have a few dozen prospects (as opposed to hundreds) could I expect a better response rate with handwritten letters, or should I just stick to a mailing service to save time? I've also heard postcards have the best response rate. Any truth to that?
2) Do I really need a realtor for properties not on the MLS? If I have a good attorney and title company, what value would a realtor provide?
Let me know your thoughts!