Investor · Fort Worth, TX · Member since 2014 · 8 posts · 0 votes
I"m wondering if there are any agents here who have committed to a direct mail campaign over the long term and what type of results you have seen? How long do I need to plan on being committed to this type of lead generation to begin to see results? 6 months? 1 year? It appears as if sending out approximately 2500 cards per month will cost me just under $1,000 a month. Doing some quick math based on the numbers provided by Gary Keller in MREA of a 50:1 ratio my ROI would be pretty huge over the long run.
Are you looking to attract retail buyers and sellers? You can always look into expired listings or contact FSBO sellers from fsbo.com and offer them a lessor fee.
As a newer agent I'm looking to attract any solid lead but obviously listings are preferred. I will definitely be attacking expireds and FSBOs but am thinking about ways to rapidly expand my business in years 2 - 3 once I have some working capital to reinvest in myself and my business.