Out of Town owners

[DaveS.]

Could any of you share what kind of advertising you do to interest out of state owners in selling? I've heard of sending personally addressed letters (hand written envelelopes) are useful. If you construct letters, are they concise or 'wordy'? What works better in your experience?
Thanks

[optionfl]

daves,

easy way, make the phone call

if not, used a postcard or a simple letter

hi, my name is daves, and i noticed your vacant property at 1000 jersey shore dr. and i was wondering if you were interesting selling? if so, call daves at 1-888-888-8888 or email daves@magicbullets.com

good luck and latter

[Dan Auito]

Here are a couple classics:

Prospecting letter examples

Here's an example of a couple general prospecting letters, you really have to craft your own though based on your specific talents and abilities.

EXAMPLES OF PROSPECTING LETTERS, YOU MAY CONSIDER

DO YOU WANT TO SELL THIS PROPERTY FAST?
Greetings. I hope this letter finds you doing well. Let me get right to the point:
I buy houses fast – any area, any condition.
I am not a Realtor and I DO NOT want to list your house. I want to BUY your house. My wife and I are private investors who purchase property in the (the town of interest) area for long-term investment.

• In most cases, we can close in only a few days.
• We could pay quick cash or take over your payments
• We can evict existing tenants if necessary
• We can handle:
- Pretty Houses
- Ugly Houses
- Trashed Houses
- fire damaged
- Little Or No Equity
- Whatever your real estate problem is – I’ll a find solution.
• I will not hassle you. I only want to buy if you want to sell.

If you have already sold this property, or if you are not interested in selling then please disregard this note and accept my apology for any inconvenience. If you want to get this property sold quickly and easily without spending any more money on repairs, taxes, or bad tenants, then I look forward to your call.

Sincerely,

Bill Jones
Office 1 907 xxx-xxxx
Fax 1 907 xxx-xxxx
Servant Mgt Group
www.magicbullets.com (http://www.magicbullets.com/)

Second letter

Your next letter might read something like this:
Date

Name
Address
City, State, Zip

RE: Your Home Address

Dear: Name

I am interested in buying your home at (Address).

My wife and I purchase homes in AS-IS condition and can close very quickly if we can agree to a mutually agreeable and moderately discounted price. We are not real estate agents and we do not want to list your home…we want to buy it.

I am a real estate investor and purchase five to ten properties per month. If you are interested, the entire transaction can usually be completed in just a few weeks and we can be flexible on when you need to move. If you are in foreclosure, behind on payments or need access to the funds more quickly, I am able arrange that as well.

THREE EASY STEPS:

1. Call me directly at xxx-xxxx and we’ll discuss the details by phone.
2. We’ll set up a time to view the home.
3. If we can agree on price and terms, we’ll put it in writing that day.

If you’re in a difficult situation, have too many repairs, behind on payments, have no equity or even owe more than the house is worth, we can still help. There is absolutely NO situation that I haven’t seen or problem that I am unfamiliar with. Call me any time day or evening, you can reach me at xxxxxxxxxxx(office) during the day or xxxxxxxxxxx(cellular) at night and on the weekends.

Thank you.

Sincerely,


By using research services such as Dataquick you can find the eager sellers at home.
Dataquick’s number is 800-950-9171 (general number) or 800-372-5373 x 2999 for this particular service. www.dataquick.com (http://www.dataquick.com/). Have them email you every owner's name & address for all the non-owner occupied houses in your city. You may get 1000,s of leads in the Format of your choosing.

- SFR & Duplex
- Owner address is different than the subject property address (probably landlords or vacant).
- Two separate lists: one with county Appraisals $80k and below & a second list of properties appraised $81k-$150,000k.

Contact these absentee owners by mail, phone, fax, postcards, e mail or any other method you may have at your disposal, get your offer to them and answer those replies.

O.K. Gang let's add to the letter file above! :praise:
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