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Updated almost 11 years ago,

User Stats

132
Posts
25
Votes
Mike S.
  • Investor
  • Los Angeles , CA
25
Votes |
132
Posts

Struggling with sellers that are not highly motivated

Mike S.
  • Investor
  • Los Angeles , CA
Posted

My direct marketing has primarily attracted sellers with "mild" interest in selling or sellers curious about what I would pay for their property. The intention here is not to create a discussion about the quality of the lists and the type of copy, I realize both these require further optimization to generate motivated leads. Regardless, anyone that sends direct mail must encounter these curious callers that would like an offer on their property. They appear to have no "problem that needs fixing" and are in not in a situation that requires a fast sale. They do not want to meet in person or let me see the property. Nevertheless, they still picked up the phone and called me (they usually mention how they get loads of mail from people like me).

I am curious how other BP members handle these situations? I typically let them know that I will do some research and call them back with a number. When I call them back they generally thank me for the offer and inform me that when/if they are ready to sell they will call me back.

Should I follow up by sending an offer in the mail or a letter in the mail describing the offer?

Should I not give them a price over the phone and mail them an offer instead?

Should I provide an explanation of how I arrived at the offer # like an itemized breakdown of my costs?

or are these people just a complete waste of time?

hopefully some of the BP heavyweights that do a lot of deals directly with sellers will chime in on this one

@Aaron Mazzrillo

@Tim G.

@Jerry Puckett

@K. Marie Poe

@Dev Horn

@Brian Daly

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