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All Forum Posts by: Kelly P.

Kelly P. has started 11 posts and replied 107 times.

Post: Early results on yellow letter mailing

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

I did my first yellow letter mailing last week, and I too used Jerry Puckett. I received a 4.5% response rate but none were motivated sellers. From what I have read about yellow letters, that is the norm. The response is better than the meager .8 rate I received from 6 months of postcards.

Post: Results of Postcard Mailing to Absentee Owners

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

Blair - I am concentrating on wholesaling. I specified equity in order to find properties where owners have room to negotiate.

After 6 months of disappointing responses with postcards I switched to yellow letters. My first mailing dropped last week and I received a 4.5% response rate; however most calls were not motivated ("if its the right price I might sell"). It's a numbers game so possibly my follow-up letters will prompt better qualified responses.

Who do you use for your lists?

Post: Land Trusts in South Carolina

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

Does anyone have experience with setting up a land trust in SC? I have done it in Florida, which is relatively easy. Any help is appreciated.

Post: Results of Postcard Mailing to Absentee Owners

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

@samantha M. I was sending to the same 1000 owners each month. That was the list from Listsource that fit my criteria: out-of-state, 51%> equity, SFR, $70k-180k range.

Post: Results of Postcard Mailing to Absentee Owners

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

I have been sending postcards to 1000 Absentee Owners with specific criteria for 6 months. My response rate is less than 1%. During the past two months, I have received zero calls. Very disappointing.

I started by sending a simple yellow postcard - which resulted in a deal. Since that time, I went with Postcardmania for a slick looking card but have received nothing.

What type of Postcards do you send?

Post: Early results on yellow letter mailing

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

Jon,

I am going to use Jerry Puckett for a mailing of 400 to see what results I get. I have been doing postcards to absentee owners and have had little response.

Post: Early results on yellow letter mailing

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

Jon - can you give us an idea of the types of calls you did receive from your campaign? Were they tire kickers? Angry owners?

Post: Early results on yellow letter mailing

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

Jon - what was your final response rate from the 750 mailer?

Post: Early results on yellow letter mailing

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

Congrats Jon! Keep us posted.

Post: FSBO Market. Nothing but Undercover Realtors and Wholesalers??

Kelly P.Posted
  • Orlando, FL
  • Posts 113
  • Votes 26

I look at ads on Craigslist for motivated FSBO's but much like Jerome, the majority are wholesalers, evident by the language of the ad. I know a lot of people say Craigslist is great for finding sellers but I have not found that to be the case in my area.