REIaddicted
01-15-2005, 02:40 PM
Dan, please let me know if this needs to go in another section
All this talk about newsletters has my mind in the creative mode. There is a vast array of experience on this board, so I am depending on you for thoughts, ideas, and opinions.
Let me clarify, I want to succeed as an investor first and foremost. I have the full support of my husband in whatever endeavors I decide to take on. He loves investing as much as I do. However, being a lady of an independent nature I like doing my own deals for the pure joy of it. THAT said, here goes
What if: a person wanted to put together a newsletter (for lack of better word) advertising homes FSBO? In addition, the homes could be placed on a website.
Offering a variety of services
1. They send a digital pic of front only with short description, address, phone, price, for a small fee
2. I take and display 4 or 5 pics of the home. Describe ect. And give a handout on how best to sell FSBO
3. I take pics, walk through and give suggestions on what needs to be done to sale, AND host an open house.
Each option having a different price. In addition, get advertisers such as title companies, home supply stores, lawn and garden, realtors ect. (To defer the realtors from perceiving this as a threat, FSBO clients would be encouraged to pay a realtor say, 3% commission for just bringing a buyer to the house, or referring that ultimately buys the house). Say for $50 a month on the add. In addition, you could also solicit and have a description of rentals with add and phone.. Charging $10 month. Of course, the more services you added like placing and add in the paper for open house ect would be additional charges.
Total booklet would be about 4 or 5 pages. Distributed for free to the tons of places around the city. Keep in mind that the FSBO would be showing the home. I would not be signing any forms nor providing any.
I could do the layout here and have them printed at Kinkos for less than $300 for about 500 initially. (The pics would be in color)
Benefits from this?
1. Have first shot at investments
2. Gather a database of people that want to buy homes
3. Develop a relationship with other investors in the area (hopefully I can get some interested in an REI club here)
4. Network with area professionals
5. Make some $
Keep in mind that this is just in the " what if " stages. My concern being, would this constitute selling a house without a license even though I am not showing nor signing any property titles? (Not really even advising in any great length)
What if the prospects contacted the FSBO by the phones and I had no contact except to publish? Would that infringe on laws?
I have just found the RE com page and will be doing some further research. I would love to hear from you all.
Lisa
All this talk about newsletters has my mind in the creative mode. There is a vast array of experience on this board, so I am depending on you for thoughts, ideas, and opinions.
Let me clarify, I want to succeed as an investor first and foremost. I have the full support of my husband in whatever endeavors I decide to take on. He loves investing as much as I do. However, being a lady of an independent nature I like doing my own deals for the pure joy of it. THAT said, here goes
What if: a person wanted to put together a newsletter (for lack of better word) advertising homes FSBO? In addition, the homes could be placed on a website.
Offering a variety of services
1. They send a digital pic of front only with short description, address, phone, price, for a small fee
2. I take and display 4 or 5 pics of the home. Describe ect. And give a handout on how best to sell FSBO
3. I take pics, walk through and give suggestions on what needs to be done to sale, AND host an open house.
Each option having a different price. In addition, get advertisers such as title companies, home supply stores, lawn and garden, realtors ect. (To defer the realtors from perceiving this as a threat, FSBO clients would be encouraged to pay a realtor say, 3% commission for just bringing a buyer to the house, or referring that ultimately buys the house). Say for $50 a month on the add. In addition, you could also solicit and have a description of rentals with add and phone.. Charging $10 month. Of course, the more services you added like placing and add in the paper for open house ect would be additional charges.
Total booklet would be about 4 or 5 pages. Distributed for free to the tons of places around the city. Keep in mind that the FSBO would be showing the home. I would not be signing any forms nor providing any.
I could do the layout here and have them printed at Kinkos for less than $300 for about 500 initially. (The pics would be in color)
Benefits from this?
1. Have first shot at investments
2. Gather a database of people that want to buy homes
3. Develop a relationship with other investors in the area (hopefully I can get some interested in an REI club here)
4. Network with area professionals
5. Make some $
Keep in mind that this is just in the " what if " stages. My concern being, would this constitute selling a house without a license even though I am not showing nor signing any property titles? (Not really even advising in any great length)
What if the prospects contacted the FSBO by the phones and I had no contact except to publish? Would that infringe on laws?
I have just found the RE com page and will be doing some further research. I would love to hear from you all.
Lisa