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Updated almost 7 years ago on . Most recent reply

What is the best marketing strategy for motivational sellers?
To all the wholesalers out there what has been your best marketing strategy that has given you the best response rate? I started wholesaling 3 months ago and I haven't landed a deal yet, so far I've sent direct mail to absentee owners, I sent out 400 direct mail and only received 3 calls and I put up 110 bandit signs this weekend but I haven't received any calls, what do you recommend I do?
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- Flipper/Rehabber
- Bakersfield, CA
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Originally posted by @Robert Leon:
To all the wholesalers out there what has been your best marketing strategy that has given you the best response rate? I started wholesaling 3 months ago and I haven't landed a deal yet, so far I've sent direct mail to absentee owners, I sent out 400 direct mail and only received 3 calls and I put up 110 bandit signs this weekend but I haven't received any calls, what do you recommend I do?
Good to meet you Leon
You asked a huge question... BTW congrats on taking action.
things I would do and have done.
- Call everyone saved as a contact in your phone who has influence in your market and ask for referrals.. "after a lot of thought and careful consideration I have decided to dedicate my career to real estate investing. WHo do you know who needs to sell a home?
- Jump on Twilio and Zillow and cold call all of the active for rent by owner ads. Ask them if they are hoping to sell?
- Visit every for sale by owner
- Do your two a days.. Visit two for sale by agent homes and do a six pac. Knock on the doors of the neighbors asking if they have plans of selling. Neighbors tend to influence other neighbors to sell.
- Cold call auto and junk magazines asking if the person selling the car is also wanting to sell their home. There is a correlation.
- have some business cards made and pass them out 10 a day.