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Updated over 5 years ago on . Most recent reply

User Stats

29
Posts
8
Votes
Alex Palma
  • Marathon, FL
8
Votes |
29
Posts

Did I do something wrong?

Alex Palma
  • Marathon, FL
Posted

I started my Yellow letter campaign using absentee owners & equity above 50%. I have received lots of calls, but no deals yet.

I’m also using an alternative phone number on my letters to avoid using my personal number.

Anyways, a local very well respected & successful agent texts me PERSONALLY on my actual cell phone at 5:47am:

“Alex

Your sending these letters to listed properties. This is my listing. It’s on mls.

You can’t do this. There must be a disclaimer if it’s listed.

This is the second one of my sellers have shown me this. “

For full disclosure I am NOT an agent, but my wife is an agent. Also, my letters do NOT reference my wife or her services at all! I am not soliciting listings, but seeking potential purchases for BRRRRs.

Is there something I’m doing wrong by sending out marketing yellow letters? Am I practicing within the scopes of MY rights?

Thanks!!

Most Popular Reply

User Stats

23,418
Posts
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Yes, you’re fine.  Only an agent soliciting for listings needs to put the “please disregard if your property is already listed by another agent” disclaimer.  It is an owner’s obligation to the listing agent in the event such an owner wants to make a deal.

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