Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Wholesaling
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 about 10 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Austin, TX
6
Votes |
25
Posts

Sent out yellow letters and got a call the very next day!

Account Closed
  • Real Estate Investor
  • Austin, TX
Posted

Hello BP! We sent out our first list of yellow letters and today I got our first call, I'm very excited about taking my first real estate call BUT it was kind of, well I dont really know what it was, the guy wanted to know what we would offered, but yet he said they weren't interested in selling. He just wanted to know what ppl were offering in his neighborhood.  It was a quick call, iim wondering did i handle that right...should i have an idea of what i would offer somebody on my list before they call? im thinking that would be hard, or should i just go thru a type of intake form...also can someone tell me what type of questions i should ask when responding to someone who calls from one of my yellow letters!!? Thanks

Most Popular Reply

User Stats

287
Posts
112
Votes
Robert Laird
  • Real Estate Broker
  • Portland, OR
112
Votes |
287
Posts
Robert Laird
  • Real Estate Broker
  • Portland, OR
Replied

Hey Eleia!

When those types of callers call in it is almost impossible to give them an offer immediately. I usually just ask them politely for the address and tell them that I need to do some due diligence and that I will call them right back. I also have a "Motivated Seller Questionnaire" that I use to get all the information down and to keep the conversation on track. I usually ask questions like: Whats the address? When did you purchase it? Are you the owner of the property? How much are you looking to get out of the property? Last but not least: Why are you thinking of selling such a beautiful home? I like to ask the last one to see why they are a motivated seller. Don't worry about messing up on your first call, it gets easier every time. Hope this helps!

Rob

Loading replies...