New to Real Estate · Jonesboro, AR · Member since 2023 · 61 posts · 13 votes
@Clay Reddick and I are about to send out a new direct mail campaign with the goal to wholesale the deals, but we don't have much in the way of a buyers list.
I understand that if we find good deals the buyers will find us, and I plan to let that happen. Despite that I still think it would be a good to try to find some and get our name out there.
The current plan is to use a trick from the podcast and search cash sales in the area and reach out to them. I suspect just saying "hey we're x, would you like to be on our buyers list" will get a lot of blocked contacts.
I understand it's much better to think about what you can do for them first before approaching. How would you approach that? There's an argument that putting someone on your buyers list IS doing something for them but is that enough? I'm sure these buyers gets plenty of hollow offers like that.
Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
3y
I do not like to be added to buyers lists randomly. Make the intro call to everyone you are going to send deals to and your marketing will be a lot more effective.
Investor · Shelton, WA · Member since 2017 · 6k+ posts · 6k+ votes
3y
As an investor I would be happy to receive an email advert from time to time and relevant article or story as well. Anything that came by regular mail would likely not be opened. That is just my reaction.
As an investor I would be happy to receive an email advert from time to time and relevant article or story as well. Anything that came by regular mail would likely not be opened. That is just my reaction.
So let's assume I found your recent cash sales in my market area. I look up your information and all I can find is a phone number. Would you prefer a call? Text? Neither? In this hypothetical I can't find an email for you.
As an investor I would be happy to receive an email advert from time to time and relevant article or story as well. Anything that came by regular mail would likely not be opened. That is just my reaction.
So let's assume I found your recent cash sales in my market area. I look up your information and all I can find is a phone number. Would you prefer a call? Text? Neither? In this hypothetical I can't find an email for you.
Josh to answer your question directly your phone call would not get through, but you could leave a message, better you could txt me a piece which might get my interest. For me, txt is better and more economical, and more earth friendly, than physical mail. All the best!
As an investor I would be happy to receive an email advert from time to time and relevant article or story as well. Anything that came by regular mail would likely not be opened. That is just my reaction.
So let's assume I found your recent cash sales in my market area. I look up your information and all I can find is a phone number. Would you prefer a call? Text? Neither? In this hypothetical I can't find an email for you.
Josh to answer your question directly your phone call would not get through, but you could leave a message, better you could txt me a piece which might get my interest. For me, txt is better and more economical, and more earth friendly, than physical mail. All the best!
That's great feedback! In this scenario what if we didn't have a deal yet. Would we lose a chance at peaking your interest if we just asked you if you wanted to be on our buyers list?
Something like this:
"Hey! The NEA Marketplace is a wholesale group seeking investors in our area. We're curious to know if you'd like to be included on our buyer's list for consistent updates on available properties. If you're interested, please do let us know."
As an investor I would be happy to receive an email advert from time to time and relevant article or story as well. Anything that came by regular mail would likely not be opened. That is just my reaction.
So let's assume I found your recent cash sales in my market area. I look up your information and all I can find is a phone number. Would you prefer a call? Text? Neither? In this hypothetical I can't find an email for you.
Josh to answer your question directly your phone call would not get through, but you could leave a message, better you could txt me a piece which might get my interest. For me, txt is better and more economical, and more earth friendly, than physical mail. All the best!
That's great feedback! In this scenario what if we didn't have a deal yet. Would we lose a chance at peaking your interest if we just asked you if you wanted to be on our buyers list?
Something like this:
"Hey! The NEA Marketplace is a wholesale group seeking investors in our area. We're curious to know if you'd like to be included on our buyer's list for consistent updates on available properties. If you're interested, please do let us know."
Probably would not do it for me. There are REI and LL Associations in most markets. Inexpensive to join and good networking. That might get you some contacts.
As an investor I would be happy to receive an email advert from time to time and relevant article or story as well. Anything that came by regular mail would likely not be opened. That is just my reaction.
So let's assume I found your recent cash sales in my market area. I look up your information and all I can find is a phone number. Would you prefer a call? Text? Neither? In this hypothetical I can't find an email for you.
Josh to answer your question directly your phone call would not get through, but you could leave a message, better you could txt me a piece which might get my interest. For me, txt is better and more economical, and more earth friendly, than physical mail. All the best!
That's great feedback! In this scenario what if we didn't have a deal yet. Would we lose a chance at peaking your interest if we just asked you if you wanted to be on our buyers list?
Something like this:
"Hey! The NEA Marketplace is a wholesale group seeking investors in our area. We're curious to know if you'd like to be included on our buyer's list for consistent updates on available properties. If you're interested, please do let us know."
Probably would not do it for me. There are REI and LL Associations in most markets. Inexpensive to join and good networking. That might get you some contacts.
Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
3y
I do not like to be added to buyers lists randomly. Make the intro call to everyone you are going to send deals to and your marketing will be a lot more effective.
I do not like to be added to buyers lists randomly. Make the intro call to everyone you are going to send deals to and your marketing will be a lot more effective.
Good to know! When someone reaches out, what do you like/want to know before agreeing to be added?
Wholesaler · Charlotte, NC · Member since 2015 · 398 posts · 677 votes
3y
I’ve had success sending direct mail to buyers. In 2016, I did this for the first time and I didn’t receive one disgruntled message back. Most investors do not do this.
The best thing you can do is to be proactive and let them know that you’re picking up discounted properties in their area. You will stand out by using direct mail verses other channels because very few do this. You’ll look professional and it your mailer will be well-received.
On the flip side, I’ve sent out text blasts to buyers when I got a property under contract, without prior communication, and it rarely goes well. It comes across as spammy.