I want to try to help anyone on their advertising that would want the advice. I always want to try and live by the words "honesty is the best policy". As Deans students, these should be words to live by. I am in favor of being creative in the advertising arena but beware, do not outright lie about this great deal that you have! Please understand that this technique has been played many, many, many and one more time MANY times. This however does work though. But people who respond to these ads do feel duped or tricked once they discover that you did this. Some are o.k. with the technique - but a growing number of people are not.
You might say "I am new to the program and have no property to advertise" to that I would respond - "Do you own your own home." "Place a creative ad on your home! Do not use the price or your address! Be creative as possible!" Then when someone accuses you of placing a fake ad you actually have a property to talk about, but they will not want this "deal" more than likely once you inform them of the price, which is 3 times the going rate! (Who would not sell their home for an unbelieveable price - if you won't then you can not use this technique!)
Remember we only wanted the ad to pull in someone -Once the ad pulls in someone that is interested and they do not want this "great deal" - tell them you are an investor in the area and know of other deals that they may be interested in. Ask the key question: "What are you looking for!" Get this information!
I hope that this post does help!
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125