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ibuyhouses Category: Marketing
Current Grade: A-
Total Views: 533
Member Comments: 3
Posted on: 07/18/2008
Posted by: ibuyhouses
Blog Points: 229
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We Buy Houses Any Area, Any Condition Phone Number


SELL ME YOUR HOUSE, xxxxxxxxxxxxxxxPhone Number


I know that sounds lame and uncreative, but it works. They
don't have time to read much, stick to the point and tell them
what you do. "I Buy Houses".


This one works very well very me.

NEED TO SELL YOUR HOUSE? CASH OFFER xxxxxxxxxxxxx! 1-800-

I suggest either using an 800 number or going to http://www.k7.net
and getting a free voice mail and fax services number. That way
the "sign police" cannot find out who you are!

One of my realtor partners in a nearby town put out 18 of these
this past weekend and has had 20+ calls so far. She will make 50%
of the profits and I will take the other half. She does 97% of
the work! It's called leverage

If every other house in the area has a For Sale sign, just place a few signs
saying:


Say GOODBYE to your xxxxxxxxx and HELLO to my xxxxxxxxxx!!! 1-800-123-4567

Larry

You'll get plenty calls.


This works well.


SELL YOUR HOUSE FAST CASH xxxxxxxxxxxxxxxxxxxxxxx! 1-800-


Remember you need to get lots of signs up. If you really want to
be serious about the real estate business, you need to have 100
signs up at a time. Yes, you'll lose lots of signs, but they are
much cheaper than using classified ads. You have to figure that
it's just a cost of doing business. You'll lose less signs if
you put signs up on Friday afternoon and take them down on
Sunday night.

If you put the signs up on Friday afternoon, and they disappear
only to have your competitors signs up in their place, then you
may have a war on your hands. I've heard that others then just
take some glue and glue posterboard with their message over
their competitors signs. I hear that their competitors, as a
result, will get the message fairly quickly.

Finally, Some things to keep in mind as you negotiate with sellers
in this new Buyer's Market.

Some of this has to do with your local market. In a 'buyer's market'
it is 'much easier' to get houses and to get a 'better deal' on them. I
don't know about your market.

Also I don't like to put percentages in the ads I run and if I do, I
put 'buying at up to 80% of retail'. I have found that the initial
phone call made by a seller is very important to me. I totally control
the conversation and I ask 'tons of questions'. I start to 'beat
them down' on price on the phone and I don't commit to a price I
will pay until I go in person and see the house and talk with
the potential seller. If they ask what price you will pay, delay by
saying you have to run the figures by your partner. That way they cannot
force you into a corner. Always defer to your partner (me)!

I 'educate them' somewhat on the phone on 'how bad things are', 'how I'm
an investor and I have to get a REALLY, REALLY, REALLY great deal' to even
consider their house as I am 'constantly' getting many, many calls' of people
wanting me to buy their house, I ask 'what is wrong with your house?',
'what all needs fixed?', I tell them that it is a 'buyer's market' right now,
if they have 'no equity' or the 'Sheriff's Sale is next week', I pass, I find
out WHY they are wanting/have to sell...this is 'very important' how soon,
I find out if it was listed with realtors and how many of them for how long
and the different prices it was listed at, I ask them what was the 'feedback'
from the people that the realtors showed the house to, I ask them if they got
any 'written offers' from the people the realtors brought thru the house, I
find out how many payments behind they are, if any, and why, I find out if there
is a Sheriff's Sale date scheduled, I find out what they are 'willing' to leave
to go with the house...appliances, tvs, washer/dryer, mowers, riders, boats,
cars, trucks, motorcycles, etc.

They have to 'sell me' as to why I should even 'waste my time' to come and
look at their house. ALWAYS REMEMBER YOU NEED A REASON TO GET INVOLVED WITH
THEIR HOUSE!!! You didn't get them into 'their mess' and you are in business
to make a 'large profit'. They have to give a 'whole lot of incentive' to
get me to 'pick their house'. I have had many people at this point offer their
house to me at 40, 50, 60, 70% of retail BEFORE I even 'start on them hard'.

Also the sellers HAVE TO BE MOTIVATED! Someone that has just started trying to
sell their house is 'normally' not that motivated. It takes 'time' for them to
get motivated. That is why you have to 'keep in touch' so they will have your
info when they DO become motivated.

Remember, if you 'ask' for a 'little percentage' you will get a 'little percentage'!!!

Now what do we do when selling? We now rely on the old standby ad, "OWNER FINANCING". That is now possible because with the Home Seller Assist program, we have a funder who will loan to people with credit scores as low as 500 (investors loans are opening up this week!). They will buy our note right at closing and provide our buyers with a good fixed interest rate. We just got a tentative approval on one buyer for a loan of $155,000  They make loans from $20,000 - $300,000. No mobile homes or refis.

---
Larry Potter
http://inverseoptionflips.blogspot.com
Current Grade: A-
Category: Marketing
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Vieving 1 - 3 out of 3 comments
thinkbillions

Posted By: thinkbillions on 07/21/2008
great info thanx
 
ibuyhouses

Posted By: ibuyhouses on 07/19/2008

Basically, whatever you want to put in there that works for you.

Larry Potter

http://homesellerassist.blogspot.com

Larry Potter
http://inverseoptionflips.blogspot.com
 
Brian Lucier
Ambassador
Posted By: Brian Lucier on 07/19/2008
What are the XXXXXXX in this refer to?

Say GOODBYE to your xxxxxxxxx and HELLO to my xxxxxxxxxx!!!