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Updated almost 6 years ago,
Multi-Touch Campaign for NOD leads
I'm getting ready to start out, and I'm wondering about this.
First of all, our REIA leader last night defined "campaign" as one specific day and marketing method (eg. pink postcards mailed on 5/1). This really threw me for a loop: I think of a campaign as a long-term "project" that contains several specific marketing methods. It seems this is what "multi-touch campaign" refers to.
For my first wholesaling campaign, I had planned to do something like this:
(On a personal note: I know people recommend more direct contact, such as door-knocking and phone calls. I'm reclusive and have sensory-sensitivity issues, so I intend to stay away from this until I find a charismatic 'partner' I can pay to take door-knocking. Thus, for now, I'm sticking to paper sources for all touch points):
Touch 1: Yellow Letter
Touch 2: Postcard
Touch 3: Door Hanger
Touch 4: Handwritten post-it note
MAY: List A Touch 1
JUNE: List A Touch 2, List B Touch 1
JULY: List A Touch 3, List B Touch 2, List C Touch 1,
AUG: List A Touch 4, List B Touch 3, List C Touch 2, List D Touch 1
Again, in CA, there are 90 days between the "notice of default" and "notice of trustee sale." So, even if all the leads were in the first month of default (60-90 days before NOT), the above campaign would not work. Touch 4 would be too late, as the NOT would have taken place. It's true, you can contact NOT leads before the auction date...but many of these people will have taken care of it by then (and there may be no way to know if they have). In any case, while multi-touch is considered mandatory, once-per-month does not seem urgent enough.This type of schedule seems fairly standard, but I realized it won't work for NODs. I plan to get them from PropertyRadar, which presumably contains people in all parts of this phase.
Has anyone worked a multi-touch campaign with a similar list, and if so, how have/would you structure it (ie. modify the timing above)?
I can also be privately messaged, and am always willing to collaborate with others in the L.A. area.