Any luck with short sale mailing list? 30,60,90, 120 non pay pre-nods

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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Replies to This Discussion

Permalink Reply by Richard Canifax on April 24, 2011 at 5:13am
Lev, this is something I'm really curious about too.  I think those lists could be very well put to use.
Permalink Reply by Abraham Walker on April 24, 2011 at 1:08pm
i have never order a list but I will send mail outs to individuals with a trustee sale scheduled in the next 30 - 60 days.  What company would you purchase a list from?
Permalink Reply by Shelly White, MBA, SFR on April 24, 2011 at 7:07pm
I got an email about companies that sell that information. What company are you using? It says its an office that works with Trustee's but I called a Trustee and was really given no concrete information.
Permalink Reply by Mark Yeates on April 25, 2011 at 6:00am
I know agents who are using ShortSale-Leads.com, synergyMS.net, and foreclosureradar.com with good success. They have better luck with the 90 -120 leads. Most of these homeowners are thinking Loan Mod, not Short Sale, and with the success of loan mods, they are getting a lot of short sale listings advertising for loan mods. One thing to be careful with is that you will get a lot of angry people that are upset because you have this "confidential" information about their payments and sometimes you might be talking to a spouse that doesn't know the mortgage has not been paid. The 30 - 60 late leads will typically have the more angry people, but all of these are worth doing, but expect some angry homeowners!
Permalink Reply by Lev Mills on April 25, 2011 at 8:04am

Hi Mark,

Thanks for the response.  I haven't tried any of the companies yet, so I will look into these resources.

Permalink Reply by Ryun Stuart on April 25, 2011 at 4:53pm
Hey Lev,

I work most door knocking and have absolutely awesome success rates. I have use foreclosurepropertydata.com. They provide a lot of additional information on the property.
Permalink Reply by Rick Trono on April 25, 2011 at 6:02pm
Anyone holding short sale seminars for homeowners? If so, how are they working for you?
Permalink Reply by Lev Mills on April 26, 2011 at 3:59am

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. 

 

Permalink Reply by Thom Colby CA Brkr 888-391-5245 on April 26, 2011 at 8:14am

 

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.

 

 

Permalink Reply by Lillie Handy Dominguez on May 2, 2011 at 8:40am

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

Permalink Reply by D'Adrea Davie on May 2, 2011 at 10:05am
We have been able to pull up NODs in our Metrolist MLS service through Realist that has worked well for us. We have put together a comprehensive door-knocking campaign.
Permalink Reply by Janice MacMillan on May 3, 2011 at 1:11am

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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