Anyone having (or had) much success using newspaper ads to find motivated sellers? Its about $400 a month to run one in my market…
I have, and I don’t anymore. Not because they don’t work, but because I personally feel I get better results using direct marketing. In my area, my ads run $800/month.
As far as my ads goes, I’ve had days where I got 3 to 5 calls a day, and weeks where I got no calls at all. You just have to run the ad all the time.
Consistency is extremely important… Placement is as well… Then the message … Finally the design…
Here is one of my Classified ads…
http://www2.myrealtydata.com/Editor/assets/u1001/classified.PNG