Has anyone had any luck with a direct mail or door knock campaign using a short sale mailing list?
What is your conversion on the list? What service are you using?
Thanks for your insight.
Lev
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Hi Mark,
Thanks for the response. I haven't tried any of the companies yet, so I will look into these resources.
Harry and Ryun,
Thanks for your input. It is very helpful.
Rick,
I would think that homeowners would be a bit embarrased to show up to a short sale seminar, but I've never tried it. I would try a gotomeeting Webinar instead.
Just about 100% of my business for the past 6 years has been Short Sales (by choice). I actively farm those properties known to be heading towards default. I buy very specific lists (lender, zip code, price point, etc.) from a local Title Company(in CA, Title cannot give this info for free). I then send via USPS, a personal letter along with the specific information I have along with some additional useful information. I get several calls each week and work those leads.
Lev,
My investor mentor recommended http://www.responsemaker.com/
Don't know about the conversion rate, however, he uses them and he's a successful investor, business owner & mentor. I'll be using them shortly.
Like Harry Clay, I've done door knocking, direct mail, newspaper ad (24/7) and have listed many properties with success this way. I prefer the direct mail and newspaper - however, door knocking works too and as Harry states, we have the expertise and are providing a service and few of us are willing to do the short sales. It's great to see a relaxed Borrower after the short sale closes. They are dealling with alot of stress (most of them, not all).
Good Luck,
Lillie
Thom,
Can I ask what additional information it is that you use for your mailings? I just started direct mail with a pre-NOD list and any advice would be greatly appreciated!
Thanks!
Thom Colby said:
Just about 100% of my business for the past 6 years has been Short Sales (by choice). I actively farm those properties known to be heading towards default. I buy very specific lists (lender, zip code, price point, etc.) from a local Title Company(in CA, Title cannot give this info for free). I then send via USPS, a personal letter along with the specific information I have along with some additional useful information. I get several calls each week and work those leads.
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