Reply to sending a letter to the owner of a home not for sale.

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[quote=Anonymous][quote=Anonymous]has this ever worked for anyone?

Has anyone themselves ever sent a (presumably hand written) note and had it work?

something like, 
"hi, we're a family of 5 looking for a house like yours.  Pls contact us if you have any thoughts of selling".

For what it's worth, this is not in an especially hot market (not DC).  Things sell but take 30-60 days to do so.

thx[/quote]

After searching for our home of choice in the Woodley/Cleveland Park area for 2 years we resorted to send out letters to homes we liked.  We offered to save real estate agent commissions, avoid the hassle of open house etc., and provided flexibility in closing noting that our lease was MTM and that we could settle quickly or give them as much time as they needed,  and noted that we were qualified buyers and would buy the home as-is subject only to an inspection for material issues - structural etc.

We got a huge response.  Many of them were of the yes I will sell you my house if you are willing to pay 130% of FMV, however, several of them were great options.  We purchased a home in Woodley park this way and it was about 2 years ago.  The seller was in the process of moving from a home to a condo that they intended to renovate.  Our flexibility in closing and the fact they saved the commission was key.  The market was hot and it worked out very well for us and the seller.  It was a win-win.

I know a few others that have done this as well.  All it takes is a nice letter and sweat equity walking around and putting it in the homes that are of interest to you.  If someone doesn't like it they wont call - simple as that.

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