yellow letters and list source

yellow letters and list source

Realtor · FL · Member since 2013 · 372 posts · 83 votes

Hello Everyone, 

As I prepare to use yellowletters.com and listsource.com, I have formulated a question that I can not find an answer to. Ok so these mailing marketing services (yellowletters) do they provide me with "motivated sellers", to mail to directly? In their questionnaire, they ask me for my desired/potential receivers; divorcees, absentees owners, etc. If they provide the individuals and send them the post card or yellow letter directly, why would I need to use listsource? From what I understand, listsource provides me with potential names and or addresses of people whom I could contact directly then I would have to send them the marketing material(s). Also is the postage prices/cost included in the price of the yellowpages? For instance, its $150 per month at listsource.com; $.20 per lead, which comes with 750 leads per month. But they do not mention the envelope nor the stamps cost. The way I figured out per monthly with listsource.com is listed below. 

$150 (750 leads) + $.41(750 stamps)= $307.50 + $59.50 (2000 each envelopes for $59.50)= $517 per month. 

Could someone give me their feedback to ensure I am analyzing my month expenses correctly? I look forward to hearing everyone's feedback. Thank you all in advance. Take care. 

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
8y
Originally posted by @Sharad M.:
Originally posted by @Erin Elam:
Originally posted by @Justin Silverio:

@Duriel Taylor Listsource is only a data provider.  If they are charging you $0.20/lead, you can purchase the list cheaper through a reseller.

 I'm reviving this thread and hoping there's still some life in it.  I have read through other posts as well,  and I can't really tell whether people who use yellowletters.com only use it for the marketing material and use a data source which is then sent to YL.com; or if they mostly order both items from YL.com. 

I already know what parameters I'm looking for,  for my leads.  I just can't see if paying ListSource for the data is cheaper than getting it from YL.com. 

BP - what is the verdict on this million dollar question?? 

I look forward to your wisdom! 

Erin

 Buy from YL.com if they can provide you cheaper. YL.com will provide you the exact same list as ListSource so go with cheaper source. I would be surprised if YL.com can't beat the price from ListSource. If not, there are tons of other companies that can get you ListSource data for lot cheaper than ListSource.com. Please feel free to let me know if you have any more questions.

I see you got your tech/marketing company launched  great work... will have to check it out  

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  • Investor · HAWTHORNE, CA · Member since 2013 · 82 posts · 32 votes
    10y

    HI,

    I just did my first mailing.  I purchased the names from listsource about 350 name.  I was looking for very specific situations so there weren't that many available.  (min charge $50.00)

    The first list I used my own letter and hand addressed each envelope.  Word mail merge provided property address and mailing address as needed.

    The second mailing i used yellowletters.com and did a postcard.

    the fees were leadlist (50.00) then $148.00 for yellowletters.com, I sent the excel file to yellowletters.com.

    Hope that helps!

  • Realtor · FL · Member since 2013 · 372 posts · 83 votes
    10y

    @Loren Becker ,

    Thank you for the prompt feedback. The postage cost for yellowpages included in the $148?

  • Justin SilverioPro Member
    Developer · Andover, MA · Member since 2008 · 1k+ posts · 489 votes
    10y

    @Duriel Taylor Listsource is only a data provider.  If they are charging you $0.20/lead, you can purchase the list cheaper through a reseller.

  • Realtor · FL · Member since 2013 · 372 posts · 83 votes
    10y

    @Justin Silverio

    Thank you for the prompt feedback. With listsource providing the contacts I would now have to make a decision on what marketing material source to reach out to these contacts correctly? Then a provider such as Yellowletters, allows me to send marketing material to these individuals directly from their warehouse or do the material come directly to me and I have to get the postage and mail them off?  Last, the reseller you mentioned, where could I find such of a source? I look forward to hearing from you soon. Take care and enjoy your day. 

    Regards, 

  • Little Elm, TX · Member since 2014 · 356 posts · 47 votes
    8y
    Originally posted by @Justin Silverio:

    @Duriel Taylor Listsource is only a data provider.  If they are charging you $0.20/lead, you can purchase the list cheaper through a reseller.

     I'm reviving this thread and hoping there's still some life in it.  I have read through other posts as well,  and I can't really tell whether people who use yellowletters.com only use it for the marketing material and use a data source which is then sent to YL.com; or if they mostly order both items from YL.com. 

    I already know what parameters I'm looking for,  for my leads.  I just can't see if paying ListSource for the data is cheaper than getting it from YL.com. 

    BP - what is the verdict on this million dollar question?? 

    I look forward to your wisdom! 

    Erin

  • Little Elm, TX · Member since 2014 · 356 posts · 47 votes
    8y
    Originally posted by @Erin Elam:
    Originally posted by @Justin Silverio:

    @Duriel Taylor Listsource is only a data provider.  If they are charging you $0.20/lead, you can purchase the list cheaper through a reseller.

     I'm reviving this thread and hoping there's still some life in it.  I have read through other posts as well,  and I can't really tell whether people who use yellowletters.com only use it for the marketing material and use a data source which is then sent to YL.com; or if they mostly order both items from YL.com. 

    I already know what parameters I'm looking for,  for my leads.  I just can't see if paying ListSource for the data is cheaper than getting it from YL.com. 

    BP - what is the verdict on this million dollar question?? 

    I look forward to your wisdom! 

    Erin

     Bump

  • Flipper/Rehabber · Baltimore, MD · Member since 2018 · 265 posts · 387 votes
    8y

    Wow... still no one? I was really hoping for an answer. I purchased 709 leads from list source and used VistaPrint to mail them. HOWEVER, Vista only accepted about 430 of those names... so I was  a bit irritated by that. It was my first mailing, so I'm not sure if was an issue with Vista or an issue with the list. When I googled an address or two that Vista wouldn't accept, they seemed like legitimate addresses to me. Also, the names were missing from a small handful so I had to put in generic text before Vista would mail to those few.

    *here's to hoping that some will shed some light on the lead list debate!*

  • Sharad M.Pro Member
    Carlsbad, CA · Member since 2010 · 1k+ posts · 1k+ votes
    8y
    Originally posted by @Melanie Hartmann:

    Wow... still no one? I was really hoping for an answer. I purchased 709 leads from list source and used VistaPrint to mail them. HOWEVER, Vista only accepted about 430 of those names... so I was  a bit irritated by that. It was my first mailing, so I'm not sure if was an issue with Vista or an issue with the list. When I googled an address or two that Vista wouldn't accept, they seemed like legitimate addresses to me. Also, the names were missing from a small handful so I had to put in generic text before Vista would mail to those few.

    *here's to hoping that some will shed some light on the lead list debate!*

     Sounds like an issue on Vista Print side. There are always a small % of addresses that are rejected but close to 300 out of 709 seem very high. What did Vista Print tell you the reason for rejection was?

  • Sharad M.Pro Member
    Carlsbad, CA · Member since 2010 · 1k+ posts · 1k+ votes
    8y
    Originally posted by @Erin Elam:
    Originally posted by @Justin Silverio:

    @Duriel Taylor Listsource is only a data provider.  If they are charging you $0.20/lead, you can purchase the list cheaper through a reseller.

     I'm reviving this thread and hoping there's still some life in it.  I have read through other posts as well,  and I can't really tell whether people who use yellowletters.com only use it for the marketing material and use a data source which is then sent to YL.com; or if they mostly order both items from YL.com. 

    I already know what parameters I'm looking for,  for my leads.  I just can't see if paying ListSource for the data is cheaper than getting it from YL.com. 

    BP - what is the verdict on this million dollar question?? 

    I look forward to your wisdom! 

    Erin

     Buy from YL.com if they can provide you cheaper. YL.com will provide you the exact same list as ListSource so go with cheaper source. I would be surprised if YL.com can't beat the price from ListSource. If not, there are tons of other companies that can get you ListSource data for lot cheaper than ListSource.com. Please feel free to let me know if you have any more questions.

  • Flipper/Rehabber · Baltimore, MD · Member since 2018 · 265 posts · 387 votes
    8y

    @Sharad M. 

    Perfect! VistaPrint just said the address wasn't valid according to USPS standards. I'm not sure why. The few I searched came up in google just fine. I think it was saying that the zip code wasn't valid. Well in actuality it was valid so I couldn't "fix" it. I guess I'll see about importing the ones that Vista didn't accept into another mailing company.

    What companies would you recommend to get cheaper listsource data from? I'm not familiar with those.

    Thank you for your time!

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y
    Originally posted by @Sharad M.:
    Originally posted by @Erin Elam:
    Originally posted by @Justin Silverio:

    @Duriel Taylor Listsource is only a data provider.  If they are charging you $0.20/lead, you can purchase the list cheaper through a reseller.

     I'm reviving this thread and hoping there's still some life in it.  I have read through other posts as well,  and I can't really tell whether people who use yellowletters.com only use it for the marketing material and use a data source which is then sent to YL.com; or if they mostly order both items from YL.com. 

    I already know what parameters I'm looking for,  for my leads.  I just can't see if paying ListSource for the data is cheaper than getting it from YL.com. 

    BP - what is the verdict on this million dollar question?? 

    I look forward to your wisdom! 

    Erin

     Buy from YL.com if they can provide you cheaper. YL.com will provide you the exact same list as ListSource so go with cheaper source. I would be surprised if YL.com can't beat the price from ListSource. If not, there are tons of other companies that can get you ListSource data for lot cheaper than ListSource.com. Please feel free to let me know if you have any more questions.

    I see you got your tech/marketing company launched  great work... will have to check it out  

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y
    Originally posted by @Melanie Hartmann:

    @Sharad M. 

    Perfect! VistaPrint just said the address wasn't valid according to USPS standards. I'm not sure why. The few I searched came up in google just fine. I think it was saying that the zip code wasn't valid. Well in actuality it was valid so I couldn't "fix" it. I guess I'll see about importing the ones that Vista didn't accept into another mailing company.

    What companies would you recommend to get cheaper listsource data from? I'm not familiar with those.

    Thank you for your time!

     Melanie in the FWIW file Sharad is one of the sharpest investors I know.. many would do very well to follow his methodology.. he is humble and wont brag on himself but I can tell you from someone who has worked 4 decades at this.. he is an incredible talent. 

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y
    Originally posted by @Melanie Hartmann:

    @Sharad M. 

    Perfect! VistaPrint just said the address wasn't valid according to USPS standards. I'm not sure why. The few I searched came up in google just fine. I think it was saying that the zip code wasn't valid. Well in actuality it was valid so I couldn't "fix" it. I guess I'll see about importing the ones that Vista didn't accept into another mailing company.

    What companies would you recommend to get cheaper listsource data from? I'm not familiar with those.

    Thank you for your time!

    Also for me as a funder of wholesale deals in BAlt I do about 10 a month.. for my vendors.. I can tell you that 5 to 10 mailers a month is whats required to get any kind of traction. 

  • Sharad M.Pro Member
    Carlsbad, CA · Member since 2010 · 1k+ posts · 1k+ votes
    8y
    Originally posted by @Jay Hinrichs:
    Originally posted by @Melanie Hartmann:

    @Sharad M. 

    Perfect! VistaPrint just said the address wasn't valid according to USPS standards. I'm not sure why. The few I searched came up in google just fine. I think it was saying that the zip code wasn't valid. Well in actuality it was valid so I couldn't "fix" it. I guess I'll see about importing the ones that Vista didn't accept into another mailing company.

    What companies would you recommend to get cheaper listsource data from? I'm not familiar with those.

    Thank you for your time!

     Melanie in the FWIW file Sharad is one of the sharpest investors I know.. many would do very well to follow his methodology.. he is humble and wont brag on himself but I can tell you from someone who has worked 4 decades at this.. he is an incredible talent. 

     Jay, thank you for the kind words. I have been extremely blessed to be at the right place at the right time and have right people like you around me to guide me. We had a bumpy road in 2016 and part of 2017 but we cleaned up a lot since last year and this year has been a game changer for us.

    I just want to grow up to be like you :)

  • Sharad M.Pro Member
    Carlsbad, CA · Member since 2010 · 1k+ posts · 1k+ votes
    8y
    Originally posted by @Jay Hinrichs:
    Originally posted by @Melanie Hartmann:

    @Sharad M. 

    Perfect! VistaPrint just said the address wasn't valid according to USPS standards. I'm not sure why. The few I searched came up in google just fine. I think it was saying that the zip code wasn't valid. Well in actuality it was valid so I couldn't "fix" it. I guess I'll see about importing the ones that Vista didn't accept into another mailing company.

    What companies would you recommend to get cheaper listsource data from? I'm not familiar with those.

    Thank you for your time!

    Also for me as a funder of wholesale deals in BAlt I do about 10 a month.. for my vendors.. I can tell you that 5 to 10 mailers a month is whats required to get any kind of traction. 

     Melanie, agreed with Jay here. We are sending out around 20,000 mailers per month but it took us couple of months before the deals started coming in. You will have some up and down months but the key is to stick with the marketing plan.

    You will have months where you will get some incredible deals and couple of deals will cover marketing budget for your entire year and rest of the deals are just gravy but don't stop.

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