Door Knocking? Letter Drops?

Or door knock and talk direct
And then hand a letter with what you have to offer or what you are looking for

 

We have been looking for quite a while now to buy a small family home to live in, in a specific area in Sydney that has very low stock on the market. We already live in the suburb in a unit.

I am thinking of letterbox dropping to see if anyone will sell their house. I know the response rate is going to be very low.

I'm willing to pay market value, and abit more for the right home.... how we will work out the price I don't know.

Does anyone have any letters that they would like to share that have worked for them? Any tips? Am I completely wasting my time lol?

Also, I have met afew downsizers who have stayed in the area I.e have sold their house and bought a unit here. Units in this suburb are very popular for downsizers. As I need to sell my place to help finance the purchase, is it worth mentioning in the letter that I own a unit that would be perfect for a downsizer if interested ... I am thinking perhaps maybe an older couple or person wanting to sell their home to buy and live in a unit may want to go about it privately, with a mutually agreed settlement period and without use of agents. Or, should I not mention my unit, and keep it strictly a letter about wanting to buy?

Thanks.

 

Thanks wylie. Trying to keep the letter as short as possible, however i do think it's worth mentioning that.

 

I agree about mentioning the place you want to sell, because I think you'll come across as more genuine and serious in finding a property than with any generic letter. You might get more attention that way.

Ps. My aunt bought her place as a result of letter box dropping her favourite street back in the early/mid 80's - good luck!

 

How did you construct your letter?

 

Hi All,

I commented on a similar post but thought I'd post here too.
I am looking to do a letterbox drop for a house to knockdown/rebuild in my area. I have seen some templates before which are fantastic.

The key questions I have are:
1. Should I state a price.
I can give an accurate price, at or slightly above market value. I believe this would gain interest.
2. Should I use an agent or go on my own.
Individual = personal, agent = professional. What agent fees would they even have if any if they weren't using an agent to sell?
3. Should I include a picture of me and my partner.
I get the sentiment, but does it make any difference.
4. Should I get a solicitor to draw up the letter?
Or just wait to involve them when I have a keen seller.
5. Should I track down the details of landlords and mail the letter to them?
Or is this a privacy invasion, and I suppose investors already have their own plans.

Any advice is welcomed and much appreciated.

Daniel.

 

Did you put a price on your letter, or mention anything about an offer?

 

Did you put a price on your letter, or mention anything about an offer?

 

Did you put a price on your letter, or mention anything about an offer?

 

No. Just let them know I'm interested and would love to have a chat when them.