HOW TO USE BANDIT SIGNS TO GET LEADS FOR YOUR REAL ESTATE BUSINESS LEX LEVINRAD
Using bandit signs is one of the most cost effective
marketing methods to get distressed seller leads on
“spend your time talking to
buyers and sellers, and pay
someone else to put out your
bandit signs”
a continuous basis. However, it is not the only
method. Other ways include traditional classified
ads, display ads, radio ads, local television stations,
social networking and internet marketing. I can
guarantee that when you flip your first house for
$5,000 or $10,000 using a bandit sign campaign, the
next time you order bandit signs you won’t be
ordering only 100 signs. Try it for yourself and see
You can put the signs out yourself or pay someone
to do it for you. I recommend you spend your time
how it works. Just make sure you know how to put a
deal together and know what to say when they call!
talking to buyers and sellers, and pay someone else
to put out your bandit signs. You will make a lot more
money that way.
If you market to distressed sellers, eventually you
are going to have a property to sell. One of the
best ways to build your buyers list is by placing
Putting out 100 signs should get you at least one
deal, if not 3 or 4. If you make $10,000 or $20,000
flipping one of these houses, the $200 for bandit
signs, will be the best marketing dollars you ever
spent.
bandit signs around properties you have currently
listed for sale. A bandit sign alerts people in the
neighborhood about the property and the great
deal that you have for them. The more properties
you have for sale, the more buyers will call you
and the quicker you will build your buyers list.
In South Florida the going rate for paying
someone to put the signs out for you is $1
per sign. If you do pay someone, make
sure they take a photo and write down the
location of each sign. That way you can
spot check to make sure they are really
putting your signs out. When sellers call,
ask them how they heard about you and
verify if the call is because of your bandit
sign. Also, find out where they saw your
bandit sign, to determine which areas work
best for your signs. I find that major roads
leading to freeway access ramps or exit
ramps get the most calls.