From Research to Reach: How PRYCD and Launch Control Revolutionize Land Investments

In-flight Itinerary

Step 1: Choosing the Right Provider

Step 2: Import Contacts and Segment Lists

Step 3: Optimizing Messages

Step 4: Creating a Consistent Routine

Step 5: Sending Initial Messages

Step 6: Tracking KPIs

Step 7: Adjusting and Optimizing

In-flight Itinerary
The Power of AI in Text Marketing: Launch Control’s Generative AI Assistant

For many land investors, the journey from identifying the perfect property to closing a deal is filled with challenges. How do you find the right markets? How can you value properties accurately without sufficient data? And once you’ve identified opportunities, how do you effectively reach property owners to secure deals?

These questions are not unique to you – they’re part of the daily reality for land investors navigating the complexities of the market. Fortunately, tools like PRYCD and Launch Control provide a seamless, data-driven approach to overcome these obstacles. By combining PRYCD’s comprehensive research capabilities with Launch Control’s cutting-edge messaging platform, investors now have a proven system to confidently identify opportunities and connect with sellers at scale.

Let’s break down the process step by step and explore how these tools can transform your land investment journey.

 

Step 1: Define Your Target Market

Every successful investment begins with a clear understanding of the market. The right market can mean the difference between a quick, profitable sale and a property that sits on the market indefinitely. But how do you decide where to invest? PRYCD simplifies this process by providing tools to filter counties and regions using key data points such as economic rank, population changes, and average days on market.

Economic rank, for instance, may not always be the most accurate metric to determine target counties. For example, the top 10 counties are all in California, where a major determining factor is the desirability of living there. Each metric PRYCD provides offers insight into different factors, and the right one to choose depends entirely on the investor’s goals.

Population changes, for example, affect land demand differently in rural, suburban, and urban areas. Typically, areas with positive population growth first see increased demand in urban centers, followed by suburban and rural regions, depending on the growth cycle, the extent of growth, and the sheer volume of people.

Successful land investors rely on specific market indicators tailored to their strategy, budget, and local knowledge. Popular indicators include high population increases, a higher sold-to-listed ratio (sold comps divided by for-sale comps for a specific time period), and a lower parcels-on-market ratio (for-sale comps divided by total parcels over a given time period).

PRYCD’s tools and metrics enable investors to analyze these factors effectively, helping them identify markets with the best potential for success.

 

Step 2: Use Comparable Sales Data to Refine Opportunities

Once you’ve chosen your target market, the next step is valuing the land accurately. This can be especially difficult in rural areas, where data is often scarce or inconsistent. PRYCD aggregates comparable sales data for vacant land, giving you reliable insights into historical sales trends, current market value estimates, and the impact of nearby property sales on pricing. With this information, you can make competitive offers while avoiding the risk of overpaying.

PRYCD ensures the accuracy of its comparable sales data by aggregating information from reliable listing sources such as Zillow, Redfin, Realtor, and Lands of America. Pulling data from multiple trusted sources provides a holistic view and ensures that you have access to the most comprehensive and accurate comparable sales data available.

One of the biggest challenges investors face when valuing land in remote areas is the lack of comparable data. This can lead to difficulties when modeling a geo price. In cases where there isn’t enough data to build a reliable model, PRYCD either does not return a price or provides a city or county estimate. Another common challenge is high price variation among comparable properties. PRYCD addresses this with its coefficient of variation metric, which measures comp price variance across counties and highlights more uniform areas. This helps investors identify regions where pricing can be more consistent and effective.

While there are no specific price trends in certain regions to note at this time, PRYCD’s tools and metrics are designed to help  investors navigate challenges, ensuring they can accurately value land even in areas where data is traditionally limited.

 

Step 3: Analyze Property Details and Automate Offers

Land investment isn’t just about identifying a property – it’s about knowing the details that influence its value and potential. With PRYCD, you can dive deep into a property’s characteristics, such as zoning laws, accessibility, and physical features. Zoning laws help determine whether the land can be used for your intended purpose, while accessibility ensures the property is reachable and has road access. The physical features of the land, such as natural barriers or other issues, can also impact its development potential.

PRYCD also includes an automated offer pricing tool to streamline the offer process. Based on market conditions, the tool calculates competitive offers with flexibility for adjustments, saving time and reducing guesswork. This tool helps to simplify the decision-making process and ensures that your offers are competitive and aligned with market conditions.

When analyzing land investments, certain property details are crucial for different types of land. These include ensuring physical or legal road access, confirming the property is not in a flood zone or wetlands, and verifying buildable topography (ideally with less than a 10% grade). For properties without sewer access, septic suitability is important, as is ensuring water accessibility, such as well or city water. For subdivided land, additional factors like county or city requirements, the viability of your end product (size, price), and the ability of utilities to support development are critical. A conservative budget that fits the project and provides a positive ROI is also essential. Properties with better accessibility tend to have higher value, while properties without access typically hold less value.

PRYCD’s automated offer pricing tool works similarly to manual pricing methods, often matching or even surpassing manual calculations in accuracy. The tool analyzes individual properties by sourcing nearby comp data, assessing the viability of each comp, and building a model based on that data. The advantage of the automated model is its speed and efficiency, sourcing comps from multiple platforms in seconds. However, one limitation is the potential for incorrect comp data, such as misidentified structures or inaccurate pricing. The model depends on the accuracy of listing sites, but the percentage of incorrect comps is relatively small.

 

Step 4: Export and Prepare for Outreach

Once you’ve identified the best properties and determined your offers, PRYCD allows you to export your data. This includes skip-traced property owner information, ensuring you’re ready to contact sellers immediately.

 

This leads to the next step: launching your outreach campaign with Launch Control.

 

Step 5: Reach Sellers Quickly with Launch Control

Successful outreach begins with ensuring your message gets delivered, and Launch COntrol is designed to excel at this. With an impressive 92% deliverability rate, Launch Control ensures your messages reach property owners directly, allowing you to start meaningful conversations with sellers using PRYCD-exported data.

 

Factors Contributing to Launch Control’s High Deliverability Rate

  • Templates: Follow best practices to maintain high engagement. Avoid repetitive text spinners, keep a neutral tone, and refrain from including opt-in or opt-out phrases. Update templates every 2-3 weeks to ensure freshness and avoid overuse.
  • Data Quality: Use accurate, up-to-date, and prequalified data to eliminate invalid phone numbers and maximize the efficiency of your campaigns

 

Effective Messaging Strategies to Engage Landowners

A highly effective approach gaining popularity among land investors is combining SMS with traditional mailers. After sending a mail, investors can follow up via text a few days later to reinforce their offer. However, this strategy requires careful execution.

When initiating follow-up texts, avoid using the term “follow-up” in the message. Instead, focus on providing prospects with helpful information and gently reminding them about the mail they received.  Ask if they’ve had a moment to consider the offer or invite them to discuss it further through a quick chat or phone call. This approach keeps the conversation professional while enhancing the chances of meaningful engagement.

 

Step 6: Automate Follow-Ups for Consistent Engagement

Not all sellers respond to the first message, but that doesn’t mean they’re not interested. Launch Control’s drip automation tool ensures consistent follow-ups, allowing you to keep prospects engaged without the need for manual effort.

 

Benefits of Drip Automation:

  • Stay top of mind with sellers
  • Re-engage leads who didn’t initially respond
  • Save time by automating repetitive tasks

 

How often should follow-up messages be sent?

To maintain seller interest, follow-up messages should be sent every 30 days from the initial contact. Waiting too long to follow up decreases the chances of receiving a response, as older data becomes less relevant. 

While some may view follow-ups as a waste of time or resources, reaching out at least once more is critical. Prospects may have missed your initial message due to being busy, driving, working, or traveling. A well-timed follow-up increases the likelihood of engagement and provides an opportunity to deliver value.

 

Best practices for automated follow-up messages

  • Adjust context: Avoid treating follow-ups like initial messages. Acknowledge prior contact and build on it
  • Template compliance: Follow anti-spam best practices, avoid negative keywords, and refrain from mentioning property sales directly.
  • Soft approach: Keep the tone friendly and non-pushy to encourage a positive response

 

Using drips for warm prospects

Drip campaigns are ideal for prospects who have responded initially but haven’t yet committed. Use drips to nurture “warm no’s” with the following approaches:

  • Short-term drips: Engage prospects over a shorter duration to maintain their interest.
  • Long-term drips: Check in every 30 days to sustain engagement while respecting their time.
  • Warm No drips: Tailored messages aimed at prospects who need more time to decide.

 

Avoiding over-saturation

Automation can lead to over-saturation if not managed correctly. To avoid this:

  • Set up appropriate drip sequences, such as long-term drips that reach out only once every 30 days.
  • Ask prospects for consent to be contacted again before adding them to a long-term drip. This approach fosters trust and establishes a foundation for future communication.

 

Step 7: Optimize with Real-Time Campaign Analytics

One of the most powerful features of Launch Control is its real-time analytics dashboard. With actionable insights at your fingertips, you can:

  • Track response rates and engagement metrics
  • Identify which messages resonate best with sellers
  • Make data-driven adjustments to continuously improve your campaigns

By analyzing metrics, you can refine your approach to maximize ROI and ensure your messaging strategy stays effective.

 

Key metrics for evaluating outreach success:

To measure the success of your campaigns, focus on these essential metrics:

  • Delivery rate: Assesses data quality by measuring the accuracy of phone numbers
  • Response rate: Evaluates how current and relevant your data is
  • Number of hot/warm leads: Tracks prospects in the inbox and those pushed to your CRM, using tags like “closed” to monitor conversions.
  • Average reply time: Keep reply times low – respond within 10 minutes to capitalize on a prospect’s immediate attention when they engage.
  • Inbox organization: Reduce “no status” conversations by assigning appropriate statuses and tags, helping you prioritize and manage leads effectively.

 

Using analytics to refine messaging strategies

Launch Control offers several tools to help investors fine-tune their approach:

  • Data export: Export hot/warm leads alongside campaign data to analyze performance. Identify the templates that yielded the best and worst results, then adjust your messaging accordingly.
  • Dashboard insights: Monitor top-performing campaigns and correlate them with the templates used. For drip automation, identify the top three drips to understand what resonates best.
  • Inbox filters: Segment leads by tags (e.g. hot, warm, nurture) or by campaign to identify which approaches and templates drive the highest results.
  • Campaign insights: View detailed metrics such as deliveries, responses, and leads per status by clicking on individual campaigns. This helps identify which strategies are working and how to improve others.
  • Template metrics: Each template includes delivery and response rates. Analyzing the highest-performing templates offers clear direction for creating or refining future messages.

By leveraging these insights, you can adjust your strategy to ensure campaigns remain effective, engaging, and optimized for success.

 

Why PRYCD and Launch Control are a Game-Changing Combination?

When used together, PRYCD and Launch Control create a streamlined, efficient system that eliminates guesswork from the investment process. PRYCD provides the data and insights you need to identify the best opportunities, while Launch COntrol ensures those opportunities turn into conversations – and ultimately, deals.

 

Final Thoughts

In the competitive world of land investing, staying ahead means leveraging the right tools at every step. PRYCD and Launch Control empower investors to move from research to outreach seamlessly, maximizing efficiency and profitability.

Ready to take control of your land investment journey? With PRYCD and Launch Control, you can confidently identify opportunities, connect with sellers, and close deals faster than ever.

 

In-flight Itinerary

Step 1: Choosing the Right Provider

Step 2: Import Contacts and Segment Lists

Step 3: Optimizing Messages

Step 4: Creating a Consistent Routine

Step 5: Sending Initial Messages

Step 6: Tracking KPIs

Step 7: Adjusting and Optimizing

In-flight Itinerary

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