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Updated over 6 years ago on . Most recent reply

User Stats

41
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6
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Ty Primers
  • New to Real Estate
  • Kansas City, MO
6
Votes |
41
Posts

Yellow Letter Response Rate

Ty Primers
  • New to Real Estate
  • Kansas City, MO
Posted
I got a list of about 1700 or so properties in my area that are code violations, mainly failure to register vacant property. While I’m looking up the owners to begin my direct mail campaign I’m wondering what is the average response rate for yellow letters? And how can I maximize it and the conversion rate to close as many deals as Possible from this list. Im looking to get my first deal from this list and I am only working with a couple hundred bucks for marketing so I was thinking OF breaking the list up and mail about 100-200 per week until the list is tapped out.

Most Popular Reply

User Stats

41
Posts
6
Votes
Ty Primers
  • New to Real Estate
  • Kansas City, MO
6
Votes |
41
Posts
Ty Primers
  • New to Real Estate
  • Kansas City, MO
Replied
@Michael Quarles a lot of the houses on this list are recent, like within the past month, and majority of them are owned by out of state investors so I’m hoping (fingers tightly crossed) if I can send my letters out ASAP I’ll be able to reach a few of them even with it being a small campaign at the moment. I’m just trying to get started with what’s on hand to carry myself to the first closing then I’ll reinvest in my marketing budget.

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