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Updated over 11 years ago,
Help! My Marketing is becoming unresponsive in this Hot Market.
Hi Folks.
I have been marketing here in Phoenix for the last 2 months (700 yellow letters to Absen-owner list both months) and I have experienced response rates of 1% maybe 2%.
I've been away from wholesaling since May 2012 and then I was receiving 5-20% response rates on my mailings. Things have drastically changed here in Phoenix.
I now realize rehabbers and buyers are marketing to the same list of motivated sellers that I am. My question is how can I compete with this insurgence of people marketing to motivated sellers like me. I am spending 1k per month on Direct mail only to get 5 or 6 calls. Could somebody please share their insight.