Sean Nelson delivers dozens of letters between Salmon Arm and Vernon looking to buy distressed properties to flip them. (Photo submitted)

Handwritten letters offering to buy Shuswap homes not a scam

Letters used to source properties to invest in, respondents usually in financial distress

Hand-written letters offering to buy properties in the Shuswap have been a cause for concern among recipients, though the practice is neither illegal nor uncommon.

One such letter was shared to a private Facebook group, Shuswap Everything Friendly Goes, where it garnered the scorn of many. Commenters mainly cited the unprofessional appearance of the letter leading them to believe it was the work of a scammer.

Read more: Summerland real estate agents handled many home transactions

Read more: Okanagan real estate market cools off

The letter was delivered by Sean Nelson, who says he has delivered dozens of them to homes in Salmon Arm and Vernon, offering to buy the property in hopes of improving residences and flipping them.

Nelson says the handwritten aspect of the letters is a marketing tactic designed to appeal to people who may respond to a more personal touch rather than a more official looking letter.

Sometimes Nelson goes door knocking and speaks to residents in plain clothes to ask ask if they know of any neighbours that are looking to sell their properties.

“It’s the same idea – if you go to a door dressed up in a suit, you are going to get a lot more negativity than something you can relate to people more on,” Nelson said.

Read more: Vancouver’s luxury real estate market to get a boost: forecast

Read more: Okanagan Mainline Real Estate Board announces new CEO

Nelson’s strategy is to send out a large number of letters that result in a small amount of responses from what he admits are people usually in some sort of financial distress.

“It’s just an investors tactic to look into distressed properties and find properties to invest in, that’s all,” he said.

While not a licensed realtor, Nelson draws a close comparison of his work to that of yellow letter marketing strategies.

The Real Estate Council of British Columbia regulates licensed real estate professionals in B.C., and frequently hears from members of the public who have questions or concerns about real estate transactions.

Read more: B.C. estimates $7 billion laundered in 2018, $5 billion in real estate

Read more: Canadian Real Estate Association reports home sales climbed higher in July

In a statement, the council suggests buyers and sellers get the information they need in order to make well-informed decisions. This information can include working with a licensed real estate professional.

To ensure your home is being sold for its true value, the statement makes several suggestions. Take note of selling prices of other homes in your neighbourhood, have properties appraised by a licensed home appraiser and interview licensed agents and ask each of them to compare your home to similar listings.


@CameronJHT
Cameron.thomson@saobserver.net

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Peachland photographer thankful for community support

‘I share my photos because I want others to enjoy Peachland too,’ Rhonda Johnson said

GoFundMe launched for man severely injured in Westside Road crash

Doctors say it could be 12 months before Tyler Sheriff is able to walk again

Lake Country man facing charges after bear mace incident

The 23-year-old man has since been released from police custody

Car drives into Peachland business

One staff member at the business suffered minor injuries

Peachland Farmers’ Market sees good turnout despite challenging times

Unpredictable weather and pandemic concerns aren’t stopping people from enjoying the market

Lower Mainland woman says llama farming neighbour shot her 11-month-old pup

Young dog was on owner’s Maple Ridge property when it was killed on June 21

B.C. records 31 new cases, six deaths over three days due to COVID-19

There are 166 active cases in B.C., 16 people in hospital

Police issue warning after baby comes across suspected drugs in Kamloops park

The 11-month-old girl’s mother posted photos on social media showing a small plastic bag containing a purple substance

B.C. highway widening job reduced, costs still up $61 million

Union-only project scales back work to widen Trans-Canada

Kamloops man pleads guilty in vehicle-ramming incident that injured a Mountie

Adam Hibbert was arrested following a collision during a police pursuit on May 26, 2019

Greater Victoria nanny pleads guilty to child porn, sexual interference charges

Johnathon Lee Robichaud pleaded guilty to slew of sex crimes

Most Read