19 replies
Hi everyone,

Attached you'll find a copy of the lead generation letter I've written for my real estate brokerage.

Please let me know any critiques you have, and please don't be kind as I know the prospects won't be

I'm going to be sending a copy of a free report/short book in order to position myself as an expert in selling apartment buildings.

I've decided to send the report right away instead of generating leads and then sending it because these are expired listings who have already expressed interest in selling their properties but failed to do so.

Thank you very much.
#copy #critique
  • Profile picture of the author JohnRussell
    It's a good first attempt.

    The biggest place this letter will fail is in the response mechanism.

    To ask the reader to email you or call you (a sales person) for the report is suicide.

    Use an 800 number recorded message to deliver the report OR a landing page (I'd use a PURL) or both.

    A lot of people might want the info but not enough to call a salesperson - they have a fear of being sold.
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  • Profile picture of the author ewenmack
    Jake, do you have a list of buyers on your books?

    What would be more compelling to your seller,
    saying you can sell his apartment....

    or...

    You have a buyer interested in it?

    The closer you can engineer you have buyers wanting to buy,
    then more deals get closed, faster.

    Best,
    Doctor E.Vile
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  • Jake,

    In the cut throat, ultra competitive dog eat dog world of real estate… filled to the rafters with false promises and bullshit, with clients left desperate and stranded (am I overdoing it a bit?).

    You not only want to be seen as THE true specialist in SELLING apartments but as one of the really good guys.

    The go to guy.

    So, I would be tempted to go all out and send a huge "shock and awe" box.

    (It's a Dan Kennedy "technique")

    Pile lots and lots of useful stuff, neatly wrapped in tissue into a smart box.

    Your letter.

    Your book - get it professionally printed,

    A dvd and cd's explaining everything you'll do. And what others won't do.

    A glossy book full of testimonials.

    Plus every conceivable piece of information you think your people will enjoy (and which makes them utterly compelled to call you).

    With a big box of luxury cookies and a packet of fresh coffee -"sit down, put your feet up and relax - your problems are over"

    And a good bottle of wine - "to celebrate a very imminent sale"

    Maybe a "guarantee" that you will sell the apartment within a certain time.

    With some kind of a "cash back" if you don't.

    Might us well enclose a picture frame so they can put the $1.00 in it.

    Make it a $50.00 bill.


    Steve


    P.S. For goodness sake only do all this if you "know" that you can sell the apartments
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  • Profile picture of the author splitTest
    Originally Posted by JakeFromStateFarm View Post

    Hi everyone,

    Attached you'll find a copy of the lead generation letter I've written for my real estate brokerage.

    Please let me know any critiques you have, and please don't be kind as I know the prospects won't be

    I'm going to be sending a copy of a free report/short book in order to position myself as an expert in selling apartment buildings.

    I've decided to send the report right away instead of generating leads and then sending it because these are expired listings who have already expressed interest in selling their properties but failed to do so.

    Thank you very much.
    Looks like it's at least worth testing to me. Engaging, uses fear pretty well, clear, not a lot of hype. Not a bad start.

    John's point about response makes sense. You plan to send the report with the letter, and hope it moves prospects enough to phone or email you... I understand, you don't want leads in this case ... but to wait for them to get in touch seems a risky bet.

    Instead, you might want to mention that you plan to phone them as a follow-up right there in your letter...but then again, this caliber of prospect might be hard to simply phone. ..(?)

    Maybe you make responding as easy as dropping the enclosed postage-paid brc in the mail? (...which lets them enter a phone number and tick off a best time to call?) At least it's low involvement, unlike phoning or writing an email to a strange salesperson.

    Of course, mack's suggestion is best of all -- let the seller know you have hot leads for them. Does your report do that? Can you actually promise that?
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    • Profile picture of the author ewenmack
      Originally Posted by splitTest View Post


      Of course, mack's suggestion is best of all -- let the seller know you have hot leads for them. Does your report do that? Can you actually promise that?
      You'd get straight to the point if you've got a buyer
      for the guy's apartment...wouldn't you?

      Like...

      ------------------------------------------------------------------------------------------
      "Hey Joe, I've got a cashed up qualified buyer looking
      for a 2 bedroom apartment in your street, is yours still for sale?
      -------------------------------------------------------------------------------------------

      All I'm pointing out is the most desired thing an apartment seller wants now.

      O.K. if you can't honestly say you've got a buyer, then you'd work out
      the next best thing to offer the seller.

      A secondary place to start would be showing he's sold more expired apartment listings
      in that part of town in the last 90 days than any other realtor.

      Of course we don't know.

      That's the work of a great sales detective,
      digging up what the seller wants most then seeing what the marketer has
      that gets close to delivering the most desired thing.

      Best,
      Doctor E. Vile
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  • Profile picture of the author RickDuris
    Go out and get yourself a copy of Winning Through Intimidation by Robert Ringer. You're bound to get more than a few great ideas from it. He discusses his experience selling apartment buildings.

    I don't think your lead generation strategy is enough to move the needle. This is a relationship business. You have to personally reach out and connect. Even $50 isn't enough to get them to connect.

    - Rick Duris
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    • Profile picture of the author The Copy Nazi
      Banned
      Originally Posted by RickDuris View Post

      Go out and get yourself a copy of Winning Through Intimidation by Robert Ringer. You're bound to get more than a few great ideas from it. He discusses his experience selling apartment buildings.

      I don't think your lead generation strategy is enough to move the needle. This is a relationship business. You have to personally reach out and connect. Even $50 isn't enough to get them to connect.

      - Rick Duris
      Yep. I get "letters" in my postbox every week. Saying BS like "We have cash buyers looking for a property just like yours". Nota bene what Rick just said - "this is a relationship business". If you can cut through what the other bozos are doing you'll do well. Real estate salesmen are right up there with car salesmen in the unpopularity stakes. But... trying to bribe your prospects with stuff could blow up in your face. Now is the time to be professional and classy. I would go with a hand-written letter on very good quality stock. Addressed personally. NOT "Dear Homeowner". (Puke).
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      • Profile picture of the author JakeFromStateFarm
        Copy Nazi: I was going to send a dollar bill FedEx letter along with my book that's professionally printed (perfect binding, looks like the smaller version Dummies Guides you see at Kinkos) and then follow up with 3D Mail afterwards. D you still think this is too generic? If so, can you recommend another way to bypass this issue?
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  • Profile picture of the author JakeFromStateFarm
    Hey guys, thank you very much for all the great advice and I wanted to apologize for being unclear about some things.

    I am sending this campaign to expired listings of apartment buildings and I am a commercial real estate broker. This mailing campaign is going to the owners of apartment buildings in my area, who have listed their buildings with other agents and these agents subsequently failed to sell them and their agreement expired. I'm including the free report with my letter and not generating leads because these are already proven motivated prospects.

    Steve: 100% accurate portrayal of 99.9999% of agents, I think I read about one who was honest but he quit the business

    I was thinking that my free report and FedEx dollar bill letter were a pretty good Shock and Awe package but I see why your version would be infinitely more effective.

    And seeing as my average commission on selling an apartment building would be somewhere around $15,000, the economics of my business can support a high cost per acquisition. I will definitely be considering sending that package.

    My "free report" has as a cover that looks just like a "For Dummies" guide and is a short book that soft sells and gives a lot of valuable information when it comes to selling an apartment building, so I have that covered when it comes to professional design and printing.

    My follow-up steps were going to be some 3D mail and then using a Tracfone like in the Savage Siphon. I want to mail this and attempt to get a call in from them because it is difficult to get a phone number for the owners, most of whom are hidden behind the veil of LLCs and attorneys who receive all correspondence on a landlord's behalf.

    Rick: I think that if this was a cold prospect then I would need to reach out and connect with them directly.

    However, seeing as these are high-probability prospects who have demonstrated true motivation to sell their buildings and did list previously with another agent, I'm thinking I should be able to make this an inbound campaign.

    If you recommend I go follow-up myself, is this campaign useful just because it's helpful in making a cold call now a warm call?

    To everyone: I do have a list of local investors but not necessarily a "particular" buyer who wants to buy exactly each property I will be mailing about. I am not "sniping" them off, but rather attempting to create an evergreen campaign because expired listings are an easy "bread and butter" source of business that most commercial real estate agents fail to capitalize on.

    I would love to simply mail a $100 bill and say "I have a cash buyer for 123 main street, call me back" and at a low enough price I am a buyer of everything, as are most of my investor clients.

    But I'm not sure I can just mail and say I have a buyer for your property and when they call me back I say "I have a buyer if you list your 10 unit building for $2500".
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  • Profile picture of the author AmericanMuscleTA
    What are you wearing, Jake from state Farm?
    Signature

    David Hunter | Duke of Marketing
    www.DukeOfMarketing.com
    www.BibleAndFriendsYouTube.com

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  • Profile picture of the author AmericanMuscleTA
    I second Rick about Winning Through Intimidation.

    I would mail the free report separate. Say in your letter that it's on its way. Then get it out a day or two later.

    Then follow up with 3D mail (glad to see you're going to send 3D mail... I love love love 3D mail!!!). Which self mailer are you are you planning on sending?? I'd send the bank bag since you're already sending money. You could also to the mini trash can.

    Also, do you have phone numbers to follow up with a phone call if your prospects don't respond?
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    David Hunter | Duke of Marketing
    www.DukeOfMarketing.com
    www.BibleAndFriendsYouTube.com

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  • Profile picture of the author JakeFromStateFarm
    I'm wearing khakis

    I'm going to be using a bank bag and a trash can, funny you say that

    My 4th step will probably be a Tracfone that comes with 20 preloaded minutes.

    I have a letter from the Savage Siphon to use with it, it's just a quick piece about all the things I've sent and says I realized you didn't call because you must have lost your phone so I sent you one. Apparently this piece absolutely CRUSHES as it's just so ballsy and is bound to make a good impression.

    I don't have phone numbers for everyone as most landlords are hidden behind LLCs and I feel it's unprofessional to be calling people at home and attempting to pitch them, so I'm not sure how to best go about this.

    Is there any reason why you would separate the report from the letter?

    Rick: Is this really something where a marketing campaign is a futile effort and truly it's something where cold calling , pressing the flesh and "relationships" that take years to develop are the only ways to success?
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    • Profile picture of the author ewenmack
      Jake, no matter what method you deliver your message,
      you've still got to nail what's it going to be.

      I've already said what a seller wants most
      in priority.

      Can you deliver on saying
      you've sold more apartment complexes
      in a area in the most recent time frame
      than any other broker?

      If not, then sold them at closer to valuation than any other broker?

      In the end, you gotta be able to demonstrate and prove you've
      done better at performing than the alternatives buyers have in front of them.

      Just trying to see if we can dig anything
      that looks like it, otherwise you are going
      into battle with a hand gun against a armed tank!

      Best,
      Doctor E. Vile
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    • Profile picture of the author RickDuris
      Originally Posted by JakeFromStateFarm View Post

      I have a letter from the Savage Siphon to use with it, it's just a quick piece about all the things I've sent and says I realized you didn't call because you must have lost your phone so I sent you one. Apparently this piece absolutely CRUSHES as it's just so ballsy and is bound to make a good impression.

      I don't have phone numbers for everyone as most landlords are hidden behind LLCs and I feel it's unprofessional to be calling people at home and attempting to pitch them, so I'm not sure how to best go about this.

      Is there any reason why you would separate the report from the letter?

      Rick: Is this really something where a marketing campaign is a futile effort and truly it's something where cold calling , pressing the flesh and "relationships" that take years to develop are the only ways to success?
      1. You're working in a small universe of people. Everybody knows everybody else. Getting somebody's info isn't hard.

      2. With real estate investors, any time is a good time to make money. Call whenever you want, but have a good reason. Don't waste their time, and you'll do just fine.

      3. I would never discourage someone from testing something. Go for it.

      - Rick Duris





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  • Profile picture of the author AmericanMuscleTA
    HaHa!

    I think the bank bags and mini trash cans are the most popular. I love taking them to the post office and seeing people's reactions. Ha

    I send the free report separate so it gives another "touch."

    Love the phone idea! That's definitely outrageous marketing! How much is it going to cost to go through all steps?
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    David Hunter | Duke of Marketing
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    • Profile picture of the author JakeFromStateFarm
      AMuscle: I think the all-cost will be right around $38, when I first heard about that phone idea I was like "what the hell, that is amazing!" but you can find them relatively cheaply at Tracfone's website or eBay, they come pre-loaded with 20 minutes.

      Rick: Good point, thanks for the encouragement, I'm definitely going to test and make sure I find the phone numbers to follow-up if my first attempts to make it an inbound call don't work as planned

      Thank you guys!
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  • Profile picture of the author JamesDLayton
    Go to Google Maps.

    Get a STREET View picture of the house.

    Print it off.

    Print THIS off.


    Make a model of their house.

    Add a little red SOLD tag that says "I just sold your house! Call me to arrange the details"

    Box it up.

    Send it.

    James
    Signature
    "We are what we think about
    all day long." - Earl Nightingale
    One of the easiest transformations I ever undertook as a copywriter was reading that quote every day.
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    • Profile picture of the author The Copy Nazi
      Banned
      Originally Posted by JamesDLayton View Post

      Go to Google Maps.

      Get a STREET View picture of the house.

      Print it off.

      Print THIS off.


      Make a model of their house.

      Add a little red SOLD tag that says "I just sold your house! Call me to arrange the details"

      Box it up.

      Send it.

      James
      Cute... but no banana. But I can see you're thinking. Good man.
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  • Profile picture of the author RickDuris
    Just to be clear, this guy wants to specialize in apartment buildings. Commercial real estate. It's a whole different animal than residential.
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