More Money Than Brains?
We know you don’t have to have been a genius to have made a lot of money in the real estate market over the past decade but c’mon…Either that or there’s little correlation between spelling prowess and investing acumen.
We know you don’t have to have been a genius to have made a lot of money in the real estate market over the past decade but c’mon…Either that or there’s little correlation between spelling prowess and investing acumen.
I live in Long Island and I bought a home around the block from me by just speaking face to face with the owner. I let him know my interest and offered all cash. We closed within the month and take it from me, it was the EASIEST transfer I have ever dealt with. Hey guys, it cant hurt?!
It’s a numbers game with these guys. They dump 20-30,000 of these notes on people’s doorsteps or doors and hope 100 people call them, and they can purchase 1 house. It probably still works.
This isn’t anything new though . Most of the time the people buying the homes in this manner sell the contract to there friend’s . There friend’s in return fix the homes up ( as cheap as possible ) then flip em for as much as double the price
10:22…
Michael? Is that You???
I got one of the exact same ones at my house last week. The company who blankets much of brownstone Brooklyn with these fliers is trying to use a down-home approach to get people to sell their homes. They are betting that it is much more palatable for a prospective home seller to sell to an individual with a hand written note rather than a big agency that sends around slick glossy postcards like those recently sent by Corcoran and Brown Harris Stevens.
The language is also important to the note, because their offer of “all cash” seems to offer an easier escape than a broker to a homeoner who is in dire straights or in forclosure.
The truth of these fliers is that they are sent by some of the worst sharks in the real estate business. Their “all cash” offer means that if they can get your property for 50-60% of its market value, they will pay you all cash. In most instances, all it means is that they will pay a very small deposit on an exceptional deal to them, and then flip the contract.
not agents . investors
i suppose it’s possible that the forces behind these flyers are intentionally ‘dumbing dumb’ the language to increase their sense of authenticity. but it’s pretty clear you don’t need to be in Mensa to sell houses. i can’t wait until agents are totally obsolete.
my mother sold the house she lived in for 30 years to a woman who left a letter saying that she’d always loved the house and if mom ever felt like selling, etc etc. mom thought about it and decided she did want to scale down and did want to sell it to someone who loved it as much as she did, etc etc. the key point was that she got her/market price. otherwise, I don’t see the problem
I personally think that it’s a great idea.
Many people are more open to unofficial marketing letter.
As some of you know in marketing you should think out of the box.
That’s a great example of it.
I assume that the fact they do that all the time means that it proves itself.