Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

16
Posts
8
Votes
Yi Lin
  • Investor
  • Midlothian, VA
8
Votes |
16
Posts

How are people able to offer the things in direct mail post card?

Yi Lin
  • Investor
  • Midlothian, VA
Posted

Dear BP family.

I'm thinking about doing direct mail marketing.  I got like a stack of them from other investors and have been studying their messages.  Some are obviously doing a 1031 exchange.  What is interesting is that they all have three things in commons.  They offer seller no fee, no commissions, and no closing cost.  

1.  How are they able to offer these features?  Do they just buy at a such deep discount that they could offer these features?

2.  What is the "fee" that they are referring to?

3.  Even if they are realtors, wouldn't they have to share their commission with the broker?  

4.  How am I suppose to compete on their level when I'm not a realtor?

5.  What is the reasons behind offering these features?

Thank you in advance for your help!

Most Popular Reply

User Stats

3,706
Posts
1,503
Votes
Rachel H.#2 Mobile Home Park Investing Contributor
  • San Antonio, TX
1,503
Votes |
3,706
Posts
Rachel H.#2 Mobile Home Park Investing Contributor
  • San Antonio, TX
Replied

@Yi Lin You're spot on. The price is so low that they cover the costs in the deal. Most times, it's about catching people at the right place at the right time. The key is consistency. If you can get sellers on the phone (and mail as well), you'll be one step ahead of the competition. Good luck! 

Loading replies...