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Letters to Motivated Sellers - Getting the Letters Opened
How To Use
Letters To Achieve Maximum Results At Minimum Expense
There are several ways this can be used effectively to get
sellers to call you.
Direct mail campaigns
WORK. The problem is that you need to have some money to start out with. As real
estate investors, especially getting started this is usually the problem. But
when you have some money saved
up direct mail can get people to call you!
Post cards are generally better than envelopes, but if
you use envelopes you should hand write everything. The idea is to have the mail
opened by making the envelope look like a personal letter coming from a relative
or a friend.
Now where do you get these
leads? Well, from a number of sources
(which can also generate general
leads
). You can get leads from the courthouse, local paper, list service
providers, MLS, probate court, there are tons of ways to get leads that would be
great candidates for a direct mail campaign.
You can use a shotgun approach and simply mailing to targeted
neighborhoods
using rented lists. Or you can use a rifle approach to only those sellers who are
known to have a house for sale or who may have due to known circumstances.
Both methods will work but obviously the rifle approach will
be more cost effective.
In order to use the rifle approach, you must first compile a
list of prospects to mail to. This should be an ongoing process not a one time
hit. As you're setting up your system to implement for the first time, look at
it like a business and build the foundation for continuous use. A successful marketer will never stop sending mailing. The copy
and list may change but the system should never shut
down.
How To Make Sure Your Letters Get
Opened -
Important:
• Make your envelopes look like personal mail. Use
typewriter or courier font.
• Hand addressing will increase your response by 3 times.
• People throw any junk mail, not hand addressed. Make them look
personal. DO NOT USE LABELS.
• Use first class stamp only. Do not use bulk or any metered
mail.
• Use your return address only, not your company name.
• Use plain white #10 envelopes or oversized envelopes
• Sign them in blue ink.
Note: Make the correspondence look like it just arrived
from your Grandma.
The Yellow
Letter
Many marketers forget the fact that their marketing piece is
merely a conversation in an envelope. It is a mistake to think that the best way
to begin the sales process is by using a fancy, professional looking piece.
Picture yourself face-to-face with a potential customer. The first thing you
would do would be to establish some common ground and to build some rapport.
You would give the potential customer your
full-attention, and you’d be empathetically looking them straight in the eye as
you got them to tell you their story. You would never start your sales process
by sitting them down to preach at them about how great you are, you would
engage, listen, and make sure they felt like they were the only person you were
listening to at that moment.
The secret to the success of this style of marketing piece is
quite simple. In the sea of solicitations that arrive in your prospect’s mailbox
every day, the goal is to be able to start the sales conversation much the same
way you would if you were face-to-face.
The "yellow
letter
" is written in RED ink on YELLOW notebook paper and goes something like
this...
Hi, my name is John. I am interested in buying the
house at 123 Main Street, Atlanta, GA. Please call me at
800-555-5555
Visit my link for more details in the left bar
or click
HERE.
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