Signs,signs,everywhere a sign. I know a lot of us are using them and I also know a lot of us are not. The bandit sign is one of the marketing strategies we learned to get the phone ringing and to get some deals. I myself will have signs put out on a weekend and than may go for weeks without doing them again. I just wanted to share a small success story I recently had with the bandit signs. We put 25 signs in a new area that we have never purchased in before. We put 25 signs out in the same area for 3 weeks straight. We got tons of calls and one sweet deal. We got a call from a seller that said the home has been vacant for 4 years. It was his mothers home and she moved into a assisted living home and he called me after seeing my yellow bandit sign. The home was actually in very nice shape. I had the city turn the water on and had a few plumbing issues that we easily took care of. We had the landscape cleaned up , house cleaned and we were going to rent for a nice cash flow but decided to sell for quick cash. We posted our add on postlets and craigslist (two more of my favorite marketing venues). We had multiple offers the first day. I could have made an extra $7,000 with a conventional offer but we accepted a cash offer from another investor. We closed the following week! Love cash sales! Anyway this is not to brag but to show you the power of the bandit sign. We paid $ 15,000 for the property which is what the seller told me he wanted for the property, We paid full price We paid less than $5000 in clean up and repairs and ...drum roll please sold for $61000 CASH . This was a very nice deal and they are not all that easy, but if we use the signs with other marketing we can all find deals like this now and than. I hope everyone is taking action and making it happen.
Success to all!
John W
John and Julie Wakefield
JCW Properties, LLC
I have some signs out for attracting sellers also. I have to try new bait or a different part of the pond. What did your sign say? mine is "we buy houses!" "any condition" "xxx-xxx-xxxx"
Any feedback is good feedback. Thanks
Reynolds & Haidee
Reyn,
That is exactly what they should state. size 18 x 24 yellow signs with black letters. 25 signs is the magic number:)
John W
John and Julie Wakefield
JCW Properties, LLC
Good Job jcwp,
You make it seem so easy...
I live in a very restricted residential area that does not allow signs. Dean says to put them up on the weekend. Well, we have "creeps" that just take them down for the hell of it.
I am still struggling with finding a venue to get the word out to the motivated sellers in my area.
Thank you for sharing your wonderful story.
Stay Focused
RER
Great Information on what it should say. I am curious, how do I find out if it is legal or allowed in my town?
JMART
Thank you for the tips!
With Love!
Keep up the good work!
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Bandit signs are not "really" legal anywhere. Hence the name. Some places just do not enforce as stringently as others. That is why some people who are on a tight budget put them up on Fri nights and take them down on Sunday night (most of the "bandit sign police" work Monday thru Fri). I leave them up and often get an extra couple of days out of them even if they are in areas where they take them down. Plus, it is a lot of hassle for me to remove them. Even if they are removed, if no one calls me from the city, I just put more up the next week.
Get a Google phone number, which cannot be traced to you but will forward to your phone. If the city authorities call you, just apologize and put them up in another municipality or on streets leading in and out of that town but outside the city limits.
This is almost my only marketing that I use right now for sellers and I stay busy! I have found them to not work as well in big cities as they do in small and medium sized ones, but I am sure that every city is unique in its own way. Try yours and see. If they don't work well in the first couple of weeks, keep putting them out and try new areas in addition to the originals. Sometimes it takes awhile to get responses.
Good luck!
Karen
"You're never too old to be what you were meant to be!"
www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...
"Shining Like a Star & Dancing on Sunshine"
"Shoot for the moon! Even if you fall short, you'll still land among the stars!"
Ok, It's a dumb down question but how do you make the signs. What have you found is the cheapest place to do this?
Utmost regards,
Andrew
Bandit signs are near and dear to my heart. When I first got into the biz this is the one thing I was skeptical about but I did as I was instructed and placed some bandit signs and, much to my surprise, the calls came rolling in! I was scared and ecstatic to take that first call! I was well on my way to building my buyers list, and building my business.
I would like to address some of the concerns about placing the signs. Before getting into real estate I worked for a local municipality. I actually worked for the department that was in charge of removing these types of signs. KarenG is right. Some cities work really hard at removing them and others don’t. The city I worked for would make the rounds every Monday and remove these signs. That’s all most of us would do Monday morning. However, I would like to say that this was one part of the job that I did not like. Being a capitalist at heart I would not remove them unless I was asked to remove a specific sign. For the many years I worked for the city I NEVER heard of any one getting into legal trouble over their bandit signs.
Now on to making the signs. You need to get corrugated plastic signs that are 18”x24” and yellow in color. Write on them with a “Sharpie Magnum” permanent marker. You will probably have to find this marker at an office supply store. Below is the EXACT configuration I use when making my signs.
HOUSE FOR SALE
MOLD EVERYWHERE
CASH ONLY
XXX-XXX-XXXX
The message needs to attract investors and not retail buyers that what to live in the property. Keep it simple and you will get calls.
You can find them readily online and you get better pricing when you buy in bulk.
The naysayers have spooked me on the illegality of bandits after I put some out. Alternatives are now considered. Has anyone sent yellow letters to residents/homeowners addresses from just driving around checking out the neighborhoods? Any tricks of the trade would be appreciated. I want sellers for inventory. Thanks all DG family.
definitely a drum roll deserving deal!!!![Smiling Smiling](http://mail.deangraziosi.com/modules/smileys/packs/example/smile.png)
Bandit signs are definitely something I need to do more of... one of my goals!
thanks for sharing!
Val
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
My area is good about leaving most up, Some folks are being placed on telephone poles a bit high so a less likely to be taken down. The city I am in seem to take them when mowing the area they control. Keep em going!
Bandit signs are great! I love success stories.. keep it up.
Michael Del Prete
602.501.2426
Mike@whhouses.com
http://www.deangraziosi.com/real-estate-forums/marketing-buyers-and-sell...
BY JEN GRAY
Hi guys - Where is the best and cheapest place to buy bandit signs?
Ray
signwarehouse.com
18x24 yellow coroplast
Karen
"You're never too old to be what you were meant to be!"
www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...
"Shining Like a Star & Dancing on Sunshine"
"Shoot for the moon! Even if you fall short, you'll still land among the stars!"
Oh how I love them! First off, congrats on the deal! Second, gret info on bandit signs. So many of my cash buyers come from bandit signs I place. I always keep track of where people see my signs, and move them accordingly. I also keep track of what verbage is working and change things up.
You guys are truly amazing. It's like there's no stopping you. Congrats on finding such a great deal.
Chris
"Faith is the eternal elixir which gives life, power, and action to the impulse of thought.
"Faith is the starting point of all accumulation of riches!"
- Napoleon Hill, Think and Grow Rich
This is great information. Thank you.
Be your very best always-Judy Williamson
What you focus on is where your energy goes-Kristin
With gratitude,
Patrick
New to REI and want to get my best start in placing my bandit sign.
What is the wording used that has gotten your signs the most actions?
Appreciate all your feedback.
Tony Lindsay
Bandit signs work!! Everyone should use them, yes there are bandit sing police but look at the potential profit from them!! Just Do it
"Don't tell me I can't, Tell me how I can."