A Little Brain Storming

[Billy V.]

I thought I would bounce an idea off the board this morning. I recently sent out a larger mailer to a list of NOD's with very little response. I was a little discouraging. Then I read Motiv8d (Nick's) post on how he uses a "TBD" plus the actual list price to make an offer. If I am not explaining that well please see Nick's post:
http://www.biggerpockets.com/forums/103/topics/52195-helpful-tip-for-your-short-sale-contracts
Well this got me thinking about how this is a numbers game and the need for more motivated sellers. And who is more motivated that someone who has already listed their house with an agent? The problem is you have to explain the whole deal to them and try to get them on board as well as the buyer. Now here's my thought... with writable PDF contracts I can easily create an unlimited number of contracts. With Docusign I can sign a contract in under a minute. With email and the internet I can find and send paperless contract to an unlimited number of SS listings. I have my RE agents license and a buddy who is my broker and lets me keep all the commission as the selling agent . Why don't I send a quick email explaining that I am sending an offer over and if they are interested to contact me. The addendum explains the process and any followup questions they can contact me directly. My thought is that by sending over a contract with Nick's "TBD" offer price I will get the motivated agents/sellers calling me. The offer is on the table. It's one thing for an agent to say they don't get the whole concept and pass on the deal. It is a whole other thing for them to have a contract in hand and show it to the seller and say no.
The other key is that I can send out lots of offers and see how many replies I get back. I can easily send out 50, 100, 200 offers a week? Just depending on the response. It costs nothing.
Well it's Sunday morning, I'm rambling on and this just popped in my head so I thought I would throw it out there. Sorry if it does not make much sense.
All thoughts would be appreciated. Good idea, bad idea, the legality?

Thanks,

Billy