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Hi PT, I have been listening to Goliath podcasts among others and reading up and many people try to get property leads through direct mail.
When you are going down this route do you email the EA that has the property on the market or try to find out the address of the property owner and mail them to their home address?
Direct mail is to the seller direct, if there is a agent you can just ring them and book a viewing.
The idea behind direct mailing is you are contacting them directly to get a good deal generally because they have been on the market a while and will leave the agent.
This is my understanding anyway.
We use a company called brief your market for direct mail, it's not cheap but we have had some awesome deals!
Is this for sourcing deals?
LETS MAKE HOMES by treating landlords as partners, tenants as customers & every property as our own."
How would I find the sellers details to contact them direct? It is for sourcing aswell as my own deals.
Thanks for replies
I know the Goliath guys, you can find the owners details via a land registry search - it will cost you a couple of £.
I wouldn't ever do it if the property was listed with an agent as I have relationships with agents and I strongly recommend you build relationships with them too.
I go direct at least 3/4 times a week on properties which aren't listed with agents that I have spotted its a great way to find some cracking deals. I have a simple letter than explains I am a local property investor wanting to buy their property.
I get a lot of replies from my direct mail.
Thanks for your reply, do you post a letter through the door? How do you tend to find the property if it isn't listed with an agent?
Hi Ryan, I am keen to start dropping Direct to Vendor mail in Kent and was debating whether to be direct that I am a property investor concern is that knowing that I am a property investor will not be well received and the own er will think I am trying to rip them off or that it is a scam.
Have you had that feedback before and how do you word your letter so that it it convey enough trust to allow the first meeting to happen?
Thanks for any advice or direction you can give me.
I don't post the letter, I send it out with a first class stamp on it - or get my VA to source the details and then she sends them via the internet and they get posted out.
I see the properties, I spend a lot of time in my area and I spot things that might need work, commerical shops closed etc...
Thanks that is a big help Ryan. If I draft up a letter would you be willing to just have a quick read over it and see if it is similar to the type you would send? No problem if your too busy
Yes happily look over it for you.