Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago on . Most recent reply
Yellow letter for Withdrawn House
Hi everyone!
This is actually my first post on bigger pockets, however I've been reading forums for a year or so...
So I'm looking into buying my first house in the coming months in the suburban Philadelphia area. A property I have been watching (waiting for the sales price to drop) was just withdrawn from the market. So I was thinking about writing a yellow letter to the owner and seeing if they are interested in selling the property without a realtor...
Essentially I am trying to eliminate the realtors commission so the buyer can save some money and I can get a better deal.
I was just wondering what I should watch out for? Do I have to wait for contracts to expire with the realtor? Is there a specific way I should word the letter?
Really appreciate any insight! Thanks so much!
Jim R
Most Popular Reply

Hey Jim,
I'm an agent and investor in the greater Philly area. I would suggest if you love the house to move quickly. I know in my office the "callers" call all of the expired and withdrawns as soon as they pop up. The owners will be inundated with mail, etc. you need to find a way to stand out and provide some sort of value that they currently aren't receiving. More money, less hassle, advice, etc. Its a dog eat dog world. Good luck and let me know if I can assist in anyway.
Stephen