Updated over 7 years ago on . Most recent reply
Texting the LA with a low-ball offer on the MLS?
I'm trying a new tactic where I am going to text the listing agent a low, all-cash offer on distressed properties that I find on the MLS. I am going to generate my offer price based on ARV and work backwards from there (repair costs, etc).
Has anyone tried a strategy like this, and what was their rate of success? I'm assuming it will take quite a while to get a good lead this way, and I'm interested to hear of anyone who has had any turnout using this strategy.