Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#123223 - 12/28/06 10:39 PM Prospecting Land Owners
MArealtor Offline
Veteran Member

Registered: 12/28/06
Posts: 809
I would like to compose a marketing letter directed toward owners of vacant land. What should the letter say? Assume I don't yet have any past sales to mention in the letter. What should my angle be?

Top
#123224 - 12/29/06 08:33 AM Re: Prospecting Land Owners
Troy Richardson Offline
Member

Registered: 05/31/06
Posts: 402
Loc: Bennington, Vermont
Your letter does not have to say anything about your past sales.

I would state my case as to why they should talk to you in order to sell the property. Address concerns they might have. In our area, large plots of land are old farms that have been in the family for hundreds of years. These people are afraid that their precious farmland is going to be sold to a developer who's going to put 10 houses per acre and ruin the countryside. If I'm targeting that kind of seller, I'd educate them about how they can put in deed restrictions to prevent things like that from happening. I also tell them that it will be harder to sell with restrictions, but it's a way for both of us to get to our goals.

What you want to do is educate the land-owner - they may not know how much their land is worth. They may not realize that their land that backs up to that national forest with the perfect view of the mountains where no one will ever be allowed to build is ripe for a house, and will sell for a premium. I'd do a mini-CMA overview and let them know that you have interested Buyers.

If you speak to them as an individual and not as part of a mass-mailing, you'll have better results.
_________________________
Troy Richardson
The Richardson Group
RE/MAX Maple Leaf Realty - Commercial Division
Bennington, Vermont 05201
Bennington VT Commercial Real Estate

Top
#123225 - 12/30/06 11:13 PM Re: Prospecting Land Owners
pikes peak Offline
Major Contributor

Registered: 12/15/04
Posts: 2743
Loc: CO
When I started in RE, I called expired land listings in the evening and used to get 2 or 3 every evening. If you don't want to call, send a letter and ask if they are still interested in selling, you know the area and the market, you are the land specialist, or Dr. Dirt, as they used to call me.
Study water, zoning and environmental issues. Know local soil and well/aquifer and perk problems. Be the specialist who knows!

Top






Moderator:  DelCidsRealty, jbt4re, TylerMeyerRE 
Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
JLD MIAMI TEAM, DaneHooper, Will Sell Homes, Cheech&Chong, FlaWind
21429 Registered Users
Who's Online
12 registered (CandyMan, Darren, BPOMagnet, Doin' bpose, Bunny, copenwbpos, 2 invisible), 165 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 85
Brit16 51
KingofBPOs 46
shurdul 45
DueDiligence 44
johnnyloans 35
Kjmendy 34
Bigtoe 33
Averis 32
SoldWithVideo 30
75Corvette 29
super realtor 29
RIzwan 27
Doin' bpose 26
Scintillion 25
(Views)Popular Topics
No new orders today 4737120
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2689381
Stupid MLS comments. 956245
EML 458010
Evalonline 299688
What do you know about Froy Candelario, top agent in USA 290004
Land America 285006
New HUD Listing Brokers---Any Update? 268145
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 238810
Stupid QC comments and BPO requirements. 229136
Is there religious content in Buffini class? 225036
FARVV 177251
REOTRANS 160516
USRES / RES.NET 147658
Let's talk about our cars 146827
asset val seminar in colorado 143869
AVM Bpos 139641
FARVV 126764
PAS 118332
Featured Member
Registered: 05/12/12
Posts: 3

How To Advertise Here


This site presented by RNC Internet Services