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Updated almost 14 years ago,

User Stats

94
Posts
124
Votes
Nemi W.
  • Real Estate Investor
  • Winter Park, FL
124
Votes |
94
Posts

Better than Bandits??

Nemi W.
  • Real Estate Investor
  • Winter Park, FL
Posted

Just speaking from my personal, recent, experience in my local farm area...

This strategy worked better for me than putting out bandit signs.

Got a home under contract and marketed in several ways. Here are 2:

1. Put out 50 yellow, hand-written bandits in the area;
Received 2 calls, 1 from another wholesaler, picked up 1 possible future buyer;

Total Investment: 2.5 hrs and $150

2. Sent 25 flyers with details of the property in an invitation envelope to cash homebuyers within 1 mile of subject property; Received 3 calls within 4 days, picked up 3 active cash-buyers;

Total Investment: 2.5 hrs and $20

Take-aways: Sending the flyers means less money, more serious, and proven, cash-buyers, I'm assuming some kept the flyer and may call when ready to purchase (bandits are gone), and there's a better chance I can follow up with those who received the flyer.

Just thought I'd share my results...

Nemi

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