Is Mareketing for non-MLS houses necessary?

[Jason Genovese]

Hello,

I have been buying my houses off the MLS, auction web sites, and other wholesalers. I wanted to receive some opinions if it is worth investing into marketing campaigns to find motivated sellers that are not listed on the MLS?

The local REI clubs I visit in my local area (st. louis) all seem to recommend some sort of marketing to find off MLS deals (Probates, Absentee owners, etc).

Thanks

[Curt Smith]

Direct marketing, yellow letters, door knocking etc all find sellers BEFORE they know they are a seller. That's where the best prices are found. Not after they decided to sell and signed with an agent. Just talking about price to the buyer, not value to the seller of going MLS.