How Do I Beat The Foreclosure List Competition?

Each week I send out letters to pre-foreclosures, then send out follow-up messages about 2 weeks later. I send at least 3 letters in all over the six week period prior to their sale. Obviously my letters are not making an impact on them because I am getting zero calls. I have heard each person going into foreclosure gets an average of 25 letters during the 6-week pre-foreclosure time period once the list comes out. Does anyone out there have a proven method for getting these people's attention and calling you? rolleyes

Comments(7)

  • sanjosee23rd November, 2004

    I have had success knocking on their door & speaking with them directly. If they aren't home or don't answer the door, I leave a handwritten note.

  • TheShortSalePro23rd November, 2004

    I guess they aren't buying what you are trying to sell.. what are you trying to sell? Can the reader infer from your letter that you have the requisite expertice to help identify, then resolve their problem?

  • bsquare4523rd November, 2004

    I have been using Richard Roops "Stop Foreclosure" flyer, which is supposedly proven successful. I believe I have successfully conveyed to them I have the expertise to offer the help they need. But, obviously, so do the other 24 or so investors sending their wares to these poor unfortunate people. What I would like to know is, what is working for others out there? I'm stumped and frustrated.

  • mofavor7023rd November, 2004

    What I have done to get contact are getting them on the telephone, How? Use www.411.com to look up their number. They have a reverse address search (where you can put the address in and the phone number comes up.) I've have gotten "many contacts" this way.

    You can look up there name too. It's Great.

    For those who use this please post reply to see how it is going.

  • TheShortSalePro23rd November, 2004

    My advice is to throw away the boilerplate flyers... and be yourself. Whatever skillset you own... whatever unique capabilities you possess that can be used to help remedy their situation... let them know. Nothing speaks louder to the folks in distress than a letter from the heart.

    If you can't do anything any differently than the 50 or 150 other 'offer to help' that they get.... then it's time to invent or reinvent yourself.

  • TANISGroupLLC23rd November, 2004

    Heads up! I would advise to be careful calling these people directly at home by using www.411.com or any other internet site that provides the phone number. If you they are on the 'do-not-call' list you can be subject to the same punishment as telemarketers.

  • JohnMichael23rd November, 2004

    I have used a letter located at http://www.thecreativeinvestor.com/ViewTopic11299-18.html for years with great success.

    One important issue you may have forgotten is the personal approach, become a doorknocker.

    My staff researches notices of defaults at the courthouse and sends letters on my behalf every week to homeowners facing foreclosure, probate and any other signs of financial distress.

    Then on the weekends my staff goes door knocking. Setting up appointments for me to meet with homeowners, if they are not home they leave door hangers.

    This process has had great production for me.

    Keep in mind that we will attempt to call them as well, but do understand most folks are avoiding call due to bill collectors calling them as well.

    All letter's go out personalized, the envelope is had filled out as well.
    [addsig]

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