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Real Estate Investor Insider Secret #16: Ever Thought About Using a List Broker?

Jun. 30th, 2009
in Real Estate Investing
by Mark Bradley

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by M. B. Bradley

People in direct-marketing business, know that there is a mailing list for every section of people in our society, and few for you never knew were there.

So next time when you are giving your valuable time in deciding, who shall you aim towards your next postcard mailing in search for good houses in which to invest, give direct mail broker a thought. List broker can provide you with the list of “seriously motivated sellers”. Here is a list you want to use, right?

Data brokers can help you succeed in your real estate direct marketing because they have the experience in filtering out mailing lists of home sellers who are strongly driven to quickly sell their homes.

Not only can a list broker provide you with this information, but they can break this information down even further by providing you with names of those who bought more than $50 worth of supplements in the past year.

You must also understand that it’s only a rental of names, which means that your contract with Brokerage Company is, only to use the name once-just once. Sometimes, you may also need to inform about the day, or a tentative date, when you may use these names.

So mailing lists are important in real estate direct marketing, but how much do they costs? The standard fee for renting a list containing a thousand names is around $140. Also ask the mailing list brokers you are considering, what is the minimum number of names they can rent out per list.

When you assess the cost-benefits of starting a real estate postcard marketing plan, it should also be clear to you that the quoted price for the mailing list rental is only for single use at a specified date.

As these brokers earn on renting names, they want to make sure that the names provided to you, gives you utmost benefit. That’s the reason many of them, especially when it’s about real estate market, update their lists in 3 months. So that you can get new names to use.

Lastly, when you use a list broker in your real estate direct marketing campaign you are guaranteed that your lists are updated at least every quarter. You also save time and money because you do not need to do your own research or hire people to maintain the data.

How do you find list brokers? If you live in a large enough city, you may have one or two listed in your yellow pages. You can start here. If not, just fire up that trusty computer and type “mailing list brokers real estate” into your favorite search engine. Before you know it you’ll have several from which to choose. When you do this, you’ll be adding power to your next postcard mailing. Guaranteed!

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