Offer price in the letter
I saw a wholesaler on the site use a letter like such: "hi my name is XXX. I want to buy your property at 123 Main Street for $XXXXX$"
She put an offer price in the initial offer. And the offer price was 45% of the ARV based on comps she found. She looked up every one of the properties beforehand.
What does everyone else think about this strategy? One of the biggest objections I get from sellers is this
Seller: "yeah you sent me this letter about my property at 123 Main Street"
Me: "yes thank you for responding blah blah"
Seller: "so what is your offer"
That seems to happen more times than not.
Question 1: is the offer price in the letter a good strategy
Question 2: if not, how do you overcome that objection from the seller