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.

Just Posted

New partnership lets Kelowna family save on medical transportation costs

New Hope Air and Airbnb initiative provides patients free accommodation while traveling to city centres for medical reasons

Kelowna karate stars bring home 24 medals from B.C. championships

Thirteen athletes from Kelowna Karate and Fitness performed strong at the provincials last weekend

City of Kelowna implements two new electric vehicle charging stations

EV drivers will now have four charging options across the city

Third Space Life Charity announces Jody Phil as executive director

Jody Pihl will succeed Allie Grey who served as the executive director for the past three years

Convicted child rapist loses sentence appeal in Kelowna

The man was sentenced to seven years in prison in December 2016

BC SPCA Kelowna holiday bake sale kicks off Nov. 7

Event will help to raise money for stray and neglected animals

John Mann, singer and songwriter of group Spirit of the West dead at 57

Mann died peacefully in Vancouver on Wednesday from early onset Alzheimer’s

VIDEO: B.C. high school’s turf closed indefinitely as plastic blades pollute waterway

Greater Victoria resident stumbles on plastic contamination from Oak Bay High

B.C. mayor urges premier to tweak road speeds in an ‘epidemic of road crash fatalities’

Haynes cites ICBC and provincial documents in letter to John Horgan

South Cariboo Driver hits four cows due to fog

The RCMP’s investigation is ongoing

Hergott: Day of remembrance for road traffic victims

Lawyer Paul Hergott’s latest column

Revelstoke man who sexually assaulted drunk woman sentenced to 18 months house arrest

For the first nine months he cannot leave his home between 2 p.m. and 11 a.m. except for work

Kamloops RCMP seek driver who hit teenager, then drove away

The 13-year-old boy was in a crosswalk, crossing Seymour Street at Eighth Avenue

B.C. won’t appeal decision protecting ICBC court experts

Change to evidence rules next to save money, David Eby says

Most Read