Using Bandit Signs When Wholesaling Houses
Bandit signs are a highly effective advertising tool when it comes to wholesaling houses
.
Real estate investors use bandit signs to attract motivated sellers. If you are wondering what bandit signs are, those are small to medium cardboard signs you see that are posted on metal posts or walls when driving around or just taking a walk in your neighborhood. It is usually rectangular in shape and typically written in bold letters with catchy phrases like We buy houses! or Cheap houses for sale!. Veteran wholesalers swear that they double their customers just by putting up these signs.
If you think that bandit signs cost an arm and a leg, then you are mistaken. Sure, you could pay someone to do the layout and printing but if you want to save money, you could hand write the signs yourself. In fact, handwritten signs generate twice as much response compared to printed ones. What youll need is a white rectangular cardboard and a black permanent marker. Make sure to write your inscription in clear, bold prints. As a wholesaler who wants to attract as many customers as possible, you want to make your sign pleasing and catchy to the human eye and make anyone take a second look.
Extract your creative juices and think of an ingenious copy for your bandit signs. You want to make your catchphrase as memorable as possible. Pay close attention on your branding and make sure youll make it good. Bear in mind that this is a great chance to find a prospective home buyer so take your time to think of an attention-grabbing campaign strategy. Ask around or surf the Internet for samples of bandit signs so you can have an idea on what to do. Do not copy an ad; A responsible real estate investor knows that instead of stealing the other guys idea, he/she aims to surpass what the competitor has done.
Making bandit signs is actually the fun part in wholesaling houses, putting them in places isnt. You could hire someone to do it for you but ensure that you give proper instructions on where the signs should be strategically placed. Erect these signs on locations that people frequently pass by, like in highways and intersections. You could also place your bandit sign ads in the local newspaper, but this would cost you money. To learn more about wholesaling houses, visit
REIWired.com for more details.
by: Elizabeth Wilson
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