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Updated over 8 years ago on . Most recent reply

User Stats

79
Posts
24
Votes
George Genovezos
  • Bedford, TX
24
Votes |
79
Posts

Yellow letter transitions

George Genovezos
  • Bedford, TX
Posted

HI all,

I"m in the DFW area and I'm brand spanking new at this. I want to make a legacy for my family and have always been interested in real estate.

That being said, I'm looking at starting a yellow letter campaign. So in the letter I say I want to BUY your house, and I can offer CASH right now. 

The question is when/if the seller calls, how do you transition this from I'm buying cash now to maybe later if I can get you to sign a contract to represent you.

Also, the assignment letter I found on BP says 

Assignment is not valid until __$1000.00 dollars deposit is received.

Does that mean I'm offering $1000.00 to represent? do I get that back? how does that work?

Thanks, I really appreciate the help and looking to network with others.

G

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