Have you heard of an “I have a buyer” letter? If not, these letters are a great way for agents to meet sellers, which also makes them a great tool for homebuyers.
If you were working with me, for example, we’d send out 1,000 to 2,000 letters (remember those?) to people whose homes are similar to what you’re looking for in the event that we can’t find a home like that on the open market.
"These letters are a great way for agents to meet sellers, which also makes them a great tool for homebuyers."
This letter essentially tells the recipient that you’re looking for a home to buy. I know what you’re thinking: “If they wanted to sell their home, it would already be on the market.” Here’s the thing: There are a lot of people out there who are thinking about selling their home but, due to a variety of circumstances, just haven’t gotten around to it yet.
What are the key elements that make a great “I have a buyer” letter? First, it has to be authentic—I always try to personalize my letters in order to create a rapport with potential sellers. Next, it has to be specific about what you’re looking for and how they can benefit from selling their home to you instead of putting it on the market.
All in all, this is one of the best tools a broker such as myself has at their disposal.
If you’d like to know more about how these letters can help you or if you have any other real estate questions, don’t hesitate to reach out to me. I’d love to help you.