Those handmade real estate signs at intersections

[Stephen Shelton]

In my area it's not uncommon to find little signs at intersections looking to either buy ugly homes or to sell a house to an investor to flip.  These hand-written signs are there one day, and gone the next.

What are these? My educated guess is that they are done by local house wholesalers hoping to make a profit, but are they something else? A scam perhaps? Call up and I have to attend some scammy seminar first? Anyone here ever acquire a home through something like this?

I find them tempting because if it is just a legitimate wholesaler out selling homes I never even knew existed then it could be a great connection to have, but if these have a reputation of being scams then I'd rather stay away.

[Shawn Mcenteer]

Most of the ones I have called in my area are wholesalers.  call some and find out, I think you will find similar results I found.

[Account Closed]

It is a common wholesaling strategy. Honestly, I am not sure if it is even legal. Never done it myself before. 

I think its a mixed bag about who you might find from those signs. Some of the best wholesalers I know market in literally every way possible (including signage). Who knows? You might meet a great business partner. 

[Stephen Shelton]

Wholesalers. That's what I thought. I might be worth it to look into one, but I'd rather research a bit before approaching one especially since I can't buy another property for a few months at a minimum. I plugged a phone number into a search engine and came up with nothing.

BTW I found it odd that this website didn't alert me to the presence of these two responses.

[Jon Holdman]

They're "bandit signs".  They're illegal almost everywhere.  Usually put up by (wannabe) wholesalers.  The phone numbers are usually a burner phone or a burner number.  Using your real phone number makes it too easy for code enforcement to track down the bandit.