MARKETING TO PREFORECLOSURES FOR REALTORS

Pre Foreclosure Lists

Preforeclosure Marketing

Once you have your list of pre foreclosure leads, you'll need to decide how you'll contact them. These owners can be difficult to contact. Many times they won't answer the door or phone because they've been harassed by all sorts of creditors.

Here are a few of the most common methods of marketing to preforeclosures that work:

Knock on the seller's door. Personal contact can be very effective if you can get them to open the door. Try to build rapport with the homeowner.

Call the homeowners after accessing their phone number through one of the reverse phone directories. Make sure the numbers are NOT on the Federal or State Do Not Call lists. The fines for calling numbers on these lists are very substantial.

Place flyers on cars and doors. This can be very time consuming, but it's free.

Put out pvc Bandit Signs on every corner. Print Don't Lose Your Home to Foreclosure! and your phone number and office id on the signs. Make sure that you don't violate any local laws regarding bandit signs. Many localities have strict regulations and fines for breaking these regulations can be hefty. Check with your local government before installing any signs.

Run an ad in your local Thrifty Nickel or other inexpensive paper to run ads in. You can reach many people, but it is one of the more expensive marketing efforts.

Implement a direct mail campaign. You can choose how much to spend by controlling the number of homeowners on your pre-foreclosure lists to mail to.

You can test all of the marketing methods to see which works best for you. Probably, the one most popular, most productive method is the direct mail campaign. You can find suggestions for letters and postcards on this website.

If you want more information on whether you really should try to save your home you can find out here.