How to Grow Your Buyers List, Tip #3

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Uploaded by on Oct 26, 2009

http://www.therealestatedealer.com?vd11 - In this video, we will show you how to build your real estate buyers list by placing bandit signs on vacant houses.

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Uploader Comments (TheRealEstateDealer)

  • From one investor to another Simply amazing idea THANKS !!!!

  • @Ibuysellinvest Thank you. I appreciate you.

  • I also would be leery of putting a for sale sign on a prop you don't own, or is not under contract. Seems illegal. But I thought of doing before was this: Put a bandit sign that says: Buy houses at 60% off retail....555-5555

  • That's a creative way of doing it. You are insinuating. This tip has gotten a lot of feedback through various media.

  • If you are in Illinois (Chicago) and are not a licensed realtor, you may be subject to prosecution by the IDPFR (IL Dept of Professional and Financial Regulation). I had some nasty encounter with them. Luckily, the properties they were referring to were all under contract or past sold properties. Basically, you cannot sell or attempt to sell something you don't own or something for which you don't have a contract with the owner.

  • Your comment is a great subject for my next video!

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  • Thanks for the feedback. I am not urging people to break the law. It is an idea that I received from another investor. I made that disclaimer in the video. I don't know what the status of the properties were. I think people should always check their local and state laws before endeavor. Also, people should weigh whether there is a "possibility" of something happening or a "probability" of something happening. Great comment.  I appreciate you!

  • Thanks for the comment!

  • That is correct. I have driven through neighborhoods where there are an exorbitant number of vacant houses.

  • Great tip. Very smart. It helps everyone, even the owner of the house/mortgage.

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