Around three months ago i started wholesaling in the Hampton Roads area of Virginia using traditional methods suchs as Driving for dollars, bandit signs, postcards, buying data list, skip tracing, sitting on the dialer for hours... you know the process haha. I am seeing alot of wholesalers use this method with fair sucess. One downfall is the cost of marketing vs the return, as well as your time. After spending 8+ hours a day running two tripple line dialers with some sucess, we discovered RVM and VB. GAME CHANGER!! The thought of sitting back while your phone rings with sellers just didnt seem legit. After doing $84k in less than three months my mind was changed very quickly. Yes, it is a very grey area.. especial when you bring in the arguments of telemarketing in.. but well worth learning the do's and dont's of the process.
What do you lean towards? Traditional methods or RVM/VB?
Okay so RVM I know...what is VB? Visual Basic? lol
Voice Broadcast haha @Joe Arida
@Joe Arida While i was in Virginia, me and my partner would run Both RVM and VB at the same time on a round robin set up. Both of us on the phones at the same time. Highly effective. I find VB to be more effective just because you go live with the seller. We put 13 houses under contract in 2 weeks. Yes, you need a script, but i got much better responces once i was comfortable and more natural. Think of yourself holding the phone to your ear whith your shoulder and both hand full of groceries haha. Natural and relaxed vs a sales call script... Natural all day. There is no getting around people getting pissed off, its just part of the buisness, but most sellers were pretty nice.
@Joe Arida Shoot me a DM and i'd be happy to share my process! We can hop on a zoom call if that works for you!
Dude shhhhhhhhhh!!!!! Let people continue with the saturated direct mail market!!
Haha I'm kidding. I'm going to PM you :]
I own calltext.com which can send RVMs or Voice Blasts.
I like direct mail to capture the prospect number then I set up a RVM follow up.
@Michael Quarles is there any benefits to doing the direct mail first to get the prospect number instead of just skip-tracing the number and RVM to them directly?
Do u need mojo dailer if u are using the rei system?