Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
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 almost 9 years ago, 02/12/2016

User Stats

8
Posts
7
Votes
Scott Dillard
  • Realtor
  • Glenwood Springs, CO
7
Votes |
8
Posts

Turning "No's" to cash offers into Listings

Scott Dillard
  • Realtor
  • Glenwood Springs, CO
Posted

    Quick background... I am a Realtor, investor, and contractor with cash and experience.  As most of you I have seen the deals become harder to find, and the money become easier to find.  I am starting my first "ugly house" direct mail campaign.  We're trying to do this right, so we are creating a landing website and plan for direct mail to be one of many lead generators.  

  The first goal is to find deals I can buy with cash and either hold or flip.  The second goal is to turn sellers who say "too low" to my cash offers into listings for my brokerage.  I can see this happening organically through the negotiation process, but I am wondering if I should market the campaign, and overall business, as such.  

  For instance, I was thinking of marketing "We can close on your house in 7 days with cash, or assist you in preparing your home for sale on the open market, whichever fits your needs better."  Very rough, I know, but it gives you the basic premise for my idea.  Not sure if it makes sense to market this way, or just let it happen organically through the negotiation process. 

  Any of you out there Realtors who juggle the buy vs. list scenario with success?  Any ideas would be greatly appreciated.  Thanks!

User Stats

885
Posts
359
Votes
Jeremy Pace
  • Contractor
  • Pittsburgh, PA
359
Votes |
885
Posts
Jeremy Pace
  • Contractor
  • Pittsburgh, PA
Replied

@Scott Dillard

I think you're really on to something here, my one suggestion is to come up with at least one more buying scenario ... you want them to take something, just design scenarios that work for you, and let it rip.

User Stats

721
Posts
343
Votes
Roland Paicely
  • Raleigh, NC
343
Votes |
721
Posts
Roland Paicely
  • Raleigh, NC
Replied

I guess you will never know the answer until you give it a try.  Some will say that sending a single message makes more sense and doesn't confuse the seller.  While others will say that giving them a choice makes the most sense.  I say go with your gut.  Try it and see what happens.  

Rent To Retirement logo
Rent To Retirement
|
Sponsored
Turnkey Rentals 12+ States. SFR, MF & New Builds, High ROI! 3.99% rates, 5% down loans, below market prices across the US! Txt REI to 33777