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Published byRosamond Theresa Holt Modified over 9 years ago
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Million Dollar Direct Mail Systems for Buying Houses
With Richard Roop
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Who is Richard Roop? Woodland Park, Colorado
Married 19 years, father of 2 The Marketing Consultant for Real Estate Entrepreneurs Marketing & Business Consultant since 1984 Full-time investor since 1996 Copywriter - $15,000 + per sales letter Over 250 deals Buys 2 to 3 houses per month Sells 3 to 4 houses a month Average profit over $27,000 Managing over 50 properties Farming 2 areas of 15,000 homes each Certified Master Practitioner of NLP
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How to make money in real estate
Don’t treat your investing as a hobby Don’t call charity business Marketing is salesmanship multiplied Marketing is the key to any business Business is about making profits
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How to make money in real estate
Marketing is the key to huge profits You get paid for creating value Have a game plan Track your results Be a big fish in a small pond Use a formula for making offers
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Hypothetical example Average profit $27,400
Generate 15 calls through marketing Prescreen down to 5 leads Visit 4 motivated and flexible sellers Get 1 offer accepted Spend $750 to get 15 calls Each call worth $1,826 $100 = $3,650
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How to Collect 5 Figure Paychecks Buying & Selling Houses
Find Deals Prescreen Leads Construct & Present Offers Close Sell & Occupy Quickly
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How to Find Deals Driving your “farm” area Bird dogs MLS
Calling sellers Foreclosure sales Marketing – Direct Response
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3 M’s of Marketing Market Message Media
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Clearly identifying your MARKET
Ask yourself these questions… Who do you want to communicate to? Who can you help the most? Who's most likely to need for your help? Where do you want to buy? What types of property to target?
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Create a MESSAGE that matches your market
What are the top benefits can you offer the seller? Why should they choose you over the other options they have to sell their house? What are the most important benefits you can offer to a seller? What problems can you help a seller overcome? Why is it easy and safe to do business with you? Why should they call you now? What do you want them to do next?
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Proven, Low Cost MEDIA Free Special Reports Flyers Advertorials
Small Display Ads Classified Ads Signs Post It Notes Door-to-door Radio Spots Real Estate Hot Line Door hangers Free Co-op Mailers Oversized Postcards USPS.com Postcards “Jump off” ads Business cards Web sites & Letters
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Markets by location Radius search by distance
Radius search by number of homes Carrier routes & Zip codes Bread and butter neighborhoods High end neighborhoods High number of foreclosures Days on the market Newer subdivisions Where you own already
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Lists Out of the area owners & Non-owner occupied Expired listings
For Sale By Owners Market price Preforeclosures Homes owned 1-3 years Homes that are 1-3 years old Free & clear houses Homeowners 65 years or older Transfers by quit claim Transfers by quit claim - out of the area owners
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More Lists Bankruptcy Divorce Delinquent taxes Behind on payments
Probate Burned out landlords - evictions Code violations Condemned houses Vacant houses In house follow up list Entire contact list
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“Free Special Reports”
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2-Step USPS.com Postcards
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Pre-Foreclosure Card
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“Million Dollar” Postcard Front
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“Million Dollar” Postcard Back
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“Million Dollar” Postcard
Saturate neighborhoods 1-step marketing Little or no competition Very Systematic $600 = $10,800 average $600 = $31,200 (Jim in CA) $600 = $21,600 (Roop in CO 1st time)
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Merged USPS.com Postcard
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Merged USPS.com Postcard
Very targeted 2-step marketing Systematic, fast 28 cents - complete $100 = $57,100 (Mike in CO) $100 = $11,600 (Roop 1st time)
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USPS.com postcard templates
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Val Pak
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A Yellow Letter
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More direct mail strategies
Get 10,000 flyers out monthly for free Using the “yellow page” flyer trick, sell your houses or cut your costs in half Getting free & super cheap mail lists Building an “in-house” pre-foreclosure list Using postcard “auto responders” House selling strategies using direct mail
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You need M.O.R.E M arketing O ffers R aising Cash E xit
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More resources The Ultimate Direct Mail System
Marketing Mastery Training Calls Password: love2 Instant Marketing Tool Generator FREE Marketing & Success eLetter
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