All Forum Posts by: Kay H.

What did your post post card say? What kind of message should I use to get more motivated sellers?

ok so I sent out about 700 yellow letters to absentee owners. The copy said my partner and I would like to buy your house cash. I must have taken like 25-30 calls ( i should have counted better) the letters were bought from a yellow letter company. Here are my thoughts

Deals: zero

The calls: it seemed like everyone wanted retail. Seemed like no one was motivated and it seemed as though everyone who called back was an investor, who commented that "we are not distressed" and it seemed they were suspicious when they were talking to me.

Also, I think my voice may sound a bit young for this endeavor. I'm in my early thirties, but people have commented....you sound pretty young..an I'm thinking ooooh no.

So here's what I'm thinking:

I signed up with a phone service to make sure all my calls are answered live and by a woman or male that says...you've reached the office of.... And that person will ask a list of qualifying questions.

I'm thinking I want a letter that's not so general so that the calls I do get are more qualified.

I'm also thinking maybe don't mail just any absentee owner...maybe strictly out of state absentee or absentee with tax liens.

What do you guys think? Any pointers?

Hello,

I hear some people give offers over the phone if they are talking to a seller who they think is not motivated enough for them to run out and see the property. Does anyone know where I can find a form to send? Do you email this or mail it? Do you favor offering over the phone more than putting something in writing?

do you have a technique for constructing the offer if you don't have MLS access? Sorry for all the questions I just paid like 800.00 for letters this month, and I want to make use of all of my leads.

Ok. Does anyone make written offers? If so, do you have a template you can send me to use and do you make your offers approximate?

Hi, In a previous post, I mentioned I sent out a lot of letters and I get calls from people who maybe don't seem very motivated. Instead of throwing away those calls, some people suggested making offers over the phone to see if they will take the number.

Are there any reliable sites or techniques I can use to come up with a pretty accurate offer. I know about the ARV minus repairs formula, but without MLS access, I'm not sure how I would be able to give an accurate offer. Zillow doesn't seem to be that accurate at all. Also, does anyone email people written offers? If so, what template do you use and do you make the offer price approximate?

Ok. I got a call from one of my letters. owner is selling if for 50k. However, theres a mortgage on it for about 49k. I looked up the value. some sales are as low as 20k and the house needs some work like a new heater and some other updating. Can do anything with this as a wholesaler?

So this is your yellow letter or post card?

Thanks! You've been very helpful. How would I find data accounts for pulling comps? and if I make an offer to a realtor don't I know put myself in a position where I would have to put money down?

So how do you determine if you go out to see a property or not? Sounds like you make the offer over the phone, correct? I dont have access to the Mls though. I have someone I work with who has access, but it not as quick as that. is there a quick way I can give an offer without mls access?

How do you end the call? Do you offer on every call?

what about when calleers say my husband is a realtor and its listed on the MLS. is there anything I can do with that?