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All Forum Posts by: Alvin Grier

Alvin Grier has started 59 posts and replied 170 times.

Originally posted by Dave Meyer:
Just ask for a call log if they're using their own phone. If using your phone you can easily pull records and cross check a few numbers with our printed list.

I won't be providing the phone. How can I get a call log without waiting for their cellphone bill to come in the mail?

Originally posted by Steve Babiak:
You have to slip in some "control" numbers, ones that belong to your trusted people who will notify if the call came as stated by your out-sourced caller.

I absolutely love that idea.

I'm considering hiring someone to make preliminary screening phone calls to our leads using a script.

My concern, however, is tracking their progress, and making sure that they're actually calling everyone.

If I give them a list of 100 names and numbers, how can I possibly track that they're actually making calls?

In my mind, they could very well (for example) just call 15 of the 100, and say that they called all 100, and that they left voicemails for the remaining 85.

Is there anything I can do other than just trust that they're actually making calls?

I plan on giving them a spreadsheet, where they'll document who they called, and who they left voicemails for.

Thanks

I am starting to realize that I am indeed using the wrong provider.

Who do you recommend, Listsource?

Originally posted by Michael Quarles:
First campaign. No more then 1000. Set a budget for 90 days. As for what amount that's impossible to answer without knowing you're objectives.

When you say objectives, you're talking about "goals," I'm assuming. Correct? I understand that it's a numbers game.

My immediate goal is four closing's a month. Aside from the yellow letter campaign, we're posting 50 bandit signs a week.... with a better understanding of my objectives, would you say that starting out with 1000 is a good idea?

Again, my question above assumes you were indeed speaking of "goals" when you said "objectives."

Originally posted by J Scott:
A couple things you should consider:

1. Are you only looking for properties with equity? Or are you interested in properties without equity where you could facilitate a short sale? If you're willing to target properties without equity, you have a lot more options in today's market.

2. What are the criteria your buyers are looking for? Regardless of #1, you should focus on properties you can resell.

Our buyers want properties that are brick, 3 bedrooms or more w/ a garage, that cost $25k or less.

They don't care much about equity, as most of them want to buy and hold for the long term.

Based off the info you gave me yesterday, I understand that I want to filter for free and clear properties, but I just spoke with RealQuest, and they said the product can't search for cash purchases or free and clear properties yet, but they plan for it to be able to do so in the future.

It can, however, filter for LTV at time of purchase, and the amount of time the property has been owned.

As I mentioned, I have a saved search created that identifies all absentee owners in my target zip codes. I need to filter the results from this query even more to increase the likelihood that the people I find are in position to be able to sell their houses cash in the price range my buyers are looking for.

With the limitations of RealQuest, and the criteria my buyers are looking for, do you have a recommendation regarding the LTV and time of ownership I should look for?

Being that the absentee owners on my list have owned their homes for varying amounts of time, I'm having a tough time figuring out what to filter for for LTV.

I recently read an investor say online somewhere that he's gotten good results contacting absentee owners with original loan dates of 15 years or more. Do you agree with using that as a decent criteria to use to filter the absentee list down further?

Thank you sir.

One last question (ok, it's actually two)...

What do you normally say on the subsequent, "follow up" mailings to absentee owners? Do you just send the same message over again, just worded differently?

Also, how often do you follow up?

I like your website, by the way, I just subscribed to your RSS feed.

Is it okay to reach out to local absentee owners that meet this criteria as well? I was under the impression that you want to focus on absentee owners that live outside of the area of their properties...

We don't want to deal with short sales, we are looking for free and clear properties. Thanks for responding.

I am currently using RealQuest to put together contact lists for potential properties to wholesale to our buyers.

I've already created a list based off of absentee owners that have properties in my area that don't live in the area.

Now I'm looking to identify the other criterion I should be looking for to create additional lists.

Questions:

1. Is it a good idea to contact absentee owners that live in the same area as their property?

2. What additional criteria should I be looking for when I'm putting together subsequent lists? People that own properties free and clear? If so, what else?

Thanks for your help.