Best approach foreclosure? Cold Calling? Knock on Door? send Mail

[Isaac El]

Hi,  What is the best way to approaching home owner in foreclosure situation??  Wondering what most people here have the best success with? would you send a letter? cold call them? go to the house and knock on door? I have tried cold calling and sending letters not with much luck, wondering what others here do.

[Elizabeth Miller]

@Isaac El I have been marketing my list for 6 months. I’m getting my systems in place but I’m planning on postcard (clean up address generic meaning I don’t market with anything about foreclosure), first letter intro & state I got their information from public records about pre-foreclosure & offer for cash as is sale, second letter benefits of short sale, third letter negative impacts of foreclosure. You want to build rapport and establish yourself as knowledgeable resources. You may need to find out more about their situation so you can show them how you are able to solve their problem. Help them explore their options. This is also a numbers game not everyone you come across will be a good fit, but you should also be seeking referrals.