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Florida Citi…, Both Buyer and Seller in Tampa, FL

Any experience with MOVOTO.com? How can they possibly be worth a 30% referral fee!?

Asked by Florida Citizen, Tampa, FL Wed Nov 17, 2010

An agent for whom I coordinate advertising, referred a call from this company to me. Movoto's Joanna described the process to me and it sounds just like an unqualified internet lead....for a 30% referral fee. If you have any experience with Movoto (especially related to procuring cause) please share.

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Answers

100
Ron Pascucci’s answer
Movoto is a top notch company worth the 30% fee! I have converted many of there leads over the past several years and have found them very helpful! including recently finding a home for a client(a few years ago) through them and selling the same home through them for a nice profit for my customer in the Mesa Az area recently...sincerely Ron Pascucci
1 vote Thank Flag Link Wed Mar 6, 2013
Ron,

Thanks for being one of our valued agent.

-Sandeep @ Movoto
Flag Fri Mar 8, 2013
I got a bunch of low level leads. Not one panned out. After they fill you up with garbage leads they stop sending them. It is a waste of time.
4 votes Thank Flag Link Fri Nov 30, 2012
Interesting
Flag Fri Jul 4, 2014
I have closed 3 recent transactions with Movoto leads. I'm sure you are aware that it's a numbers game...if you call them ASAP and work them they will pan out. It hasn't been a waste of time for me!
Flag Mon Jan 27, 2014
We experienced the exact same scenario, though we are still waiting for something to pan out.
Flag Fri Sep 6, 2013
My experience was very similar. I went into this fully preparing to work the leads and use this to add to my income stream. I got only garbage, repeats and a mind-numbing number of emails from Movoto. I will not work with companies/vendors that don't live up to my level of service and professionalism.
Flag Fri Sep 6, 2013
HI Christine,

Sorry the Movoto Partnership didnt work out for you. Please feel free to contact me if you have any questions.

-Sandeep @ Movoto
Flag Mon Feb 4, 2013
Citizen - 30% is what many relocation companies charge real estate agents. Relocation companies provide an array of services financed by these fees. I would have to ask what additional services is movoto providing to justify such a huge fee for a lead they have vetted in no way.

Kellie - What you describe sounds like all the other internet leads one can obtain. This typically means, in today's market, up to 36 months incubation before the lead is at a decision point. The market value for leads of this nature are $2 to $25 not $1,800 to $2,500.

The good point you make is nothing is paid until it closes. This means the vendor is demonstrating faith in the ability of the agent, and perhaps faith in the quality of the lead they generate. There does seem to be an element of shared interests.

You last statement is really accurate. Internet leads are very skittish. If you call before they request, they disappear.

Plan for an exceptional 2011.
4 votes Thank Flag Link Sat Nov 20, 2010
My experience was very negative. I was inundated with 10-20 text/email lead requests/day. Most of these buyers were for properties under $35,000 (my average sales price is over $500k and the average in my market is close to $250k). You are allowed to refuse as many leads as you want. However, the company assigned me leads with no notice and then flooded me with emails chastising me for not following their procedure. I spoke to one buyer who showed some promise - until we obtained a credit report. I am a professional and work very hard to provide the best service for my clients. I will not work with a vendor who doesn't strive to do the same.
3 votes Thank Flag Link Mon Apr 29, 2013
Movoto truly thinks green! Excellent at recycling leads.
3 votes Thank Flag Link Sat Mar 9, 2013
Bad leads - Excellent at recycling , horrible
Flag Wed Jan 22, 2014
HI Jason Palermo,

I tried calling you right now, but go no answer. Please feel free to contact me and we can discuss the Movoto Partnership It seems like you might disagree with the way we send out referrals, but I do have a solution for you.

-Sandeep @ Movoto
schaudhary@movoto.com
Flag Thu Mar 14, 2013
OK folks here is what i have to say. I have been receiving referral leads from Movoto for 3-4 years now. THey are in fact internet leads...so by definition some will pan out and some won't. However as a Broker owner I have tried several systems... Movoto being one of the only I ever found that require no upfront fee! 30% for a referral that closed is way better than putting out a ton of my hard earned cash upfront not knowing the end result for closing ratios. I have sold some for under 100K and one last year for over 1.7million. So I think they"re GREAT! I have closed over 11 transactions with Movoto since May 14,2009.
3 votes Thank Flag Link Thu Mar 7, 2013
An average of 2.75 leads over a 4 year span is good but not great. What was the amount of unqualified leads you had to turn through to get those 2.75 transaction? If it was the conventional 10% that's understandable but if it was 1% that's horrendous and really a LPA in my view. Shuffling through two hundred and 75 people for those almost three leads sounds infuriatingly dismal. More information would be appreciated.
Flag Wed Jun 18, 2014
How much did they pay you to write da review?
Flag Sat Mar 9, 2013
Hi Dina,

thanks for the review!

-Sandeep @ Movoto
Flag Fri Mar 8, 2013
Thank you to all the agents that posted their experiences with MOVOTO. Yes, relocation services provide leads and take a very large chunk of the commission, but at least on that front people are likely in need of a relocation and much more of a qualified lead.

Saves some much valuable time,

Paul Cionczyk
3 votes Thank Flag Link Mon Mar 4, 2013
Hi Paul,

Movoto is not just a relocation company, it is a brokerage that helps home buyers and sellers connect with local agents to help them with their home search. Contact me if you have any questions about the Movoto Partnership.

-Sandeep @ Movoto
schaudhary@movoto.com
Flag Fri Mar 8, 2013
I had joined the program and was getting quite a few leads. So far to date, about 2.5 months later. none of them have turned into sales. A lot of these folks use you to go see a house, you set them up in the system to receive listings, thinking you're working with them, and they don't respond to your emails or calls. Many are not really ready to buy yet, just kicking tires. If you develop a good relationship with them early, maybe make them sign a contract, you might have better luck. Some never told me they were working with other agents, even when I asked them. The good thing about it is you are not billed for any that don't work out. But they do want to see some sales and you are accountable for the outcome, otherwise, they will cut you off. Which I don't blame them because they obviously are putting money into getting these leads. I never had any sign a contract, which was a mistake, because the first time they see another agent's listing sign, they call them and boom, they're gone! I think that is my fault...
3 votes Thank Flag Link Wed Nov 17, 2010
I have tried many lead generation companies. Zillow, Reply and Homegain since they began and others. Homegain has been very successful for me including in Florida and Texas. In fact, I have had several repeat customers so at the end of the day, we have had closed transactions. We will pay referral fees up to 30%. I'm going to try it and see if Movoto will work. If you have any buyers or sellers in the Houston area, please refer them to us and we will pay referral fees.

Good Hunting
jw
2 votes Thank Flag Link Mon Aug 19, 2013
Hi John, how's it going with Movoto?
Flag Thu Dec 26, 2013
I just read about the low dollar figure leads that come through.
No one can control the price point that people are searching.

I have been on this program for about a month and have one buyer ($170k) under contract, and several more getting prequalified. At this rate, I can add 12 additional deals per year.

Somehow I think the disgruntled Realtor would gripe regardless.
Leads are leads ... and Skill is skill.
Don't blame the lead. A skilled agent can turn a lead.
2 votes Thank Flag Link Thu Jun 20, 2013
To begin Movoto is just another way for us Realtors to make a living, and gain clientele via their internet based referral network. Yes it is true the leads are unqualified and nothing is written in stone but tell me who sends you qualified buyers and we can have yet another discussion in this forum. I have seen Trulia in action and they do not send qualified leads neither does Zillow what you have to do is evaluate each “lead generating engine” and see which one fits your need and analyze their business model and make a choice on which one will work for you.
Clients do get shuffle for one reason and that is when the assigned realtor does not show or provide good customer service that is an indicative that the Movoto Team is also there making sure you as a realtor focus your services to that buyer. Once that buyer is assigned to you and you follow the program this client is not taken away from you. The only time it happens is when you the realtor does not step up to the plate or neglect your client.
Ted describes how Movoto does manage and maintain close tabs on their lead generating system for better customer service. It is true not all transactions are on the high $400k but my take is that the more you close the better off you are. Here is a quick compare and contrast if you will:
• Movoto: you pay 30% no zip code restriction or charge
• Trulia: you pay per zip code the more zip codes the more money you will spend monthly
• Zillow: you pay per zip code zillow is similar to trulia and they tell you the amount of exposure and views you will have per zip code and again the more zip codes the more money you will spend monthly.
Bottom line is you will pay on either one
Think about it and chose the lead generating system that works for you, the question is and still remain would you be able to secure 30 clients a month by yourself?
I agree entirely with Adriana Castiglia.
2 votes Thank Flag Link Thu Jun 20, 2013
I have been working with Movoto for a little while and have a pretty darn good turn ratio; yet I do work the leads. They have a great customer care department and have been right there with me when I needed them. I have enjoyed working the leads they provide and yes they are unqualified. I would be smoking crack to think that I would receive pre-qualified leads that walked into my office with their lender letter and ready to buy. I mean seriously I think some agents have gotten lazy. 30%, yeah that's the referral fee but 70% of something is better than 100% of nothing.

It's going to be exactly what you make of it. I am not afraid to get on the phone and call which is what is required. Overall, I am enjoying my partnership with Movoto and hope that it is a long lasting relationship.
2 votes Thank Flag Link Thu Jun 20, 2013
Is this 30% taken off the top or is it taken off the individual salesperson's portion?
Flag Wed May 21, 2014
Is this 30% off the top or off the salesperson's portion?
Flag Wed May 21, 2014
What other systems like MOVOTO would you guys recommend?
2 votes Thank Flag Link Fri May 24, 2013
I just cancelled my agreement with Movoto after two weeks. I've done internet marketing and yielded as much or more leads on avg per week as they say you can get from them. At first I was told leads are prequalifed, then upon taking their orientation webinar - not all leads may be prequalified. After receiving several leads - not a one were ever prequalified. To do what I do as a Realtor on a normal basis when obtaining leads via internet marketing, why pay someone else 30% for your efforts? It is just not worth it.

Yes, they are quick to recycle leads - like cattle at a slaughterhouse, how often are these people being shuffled about from agent to agent? They actually assigned leads without getting an acknowledgement of the requests and then reassigned them later on. How does this reflect upon me? How does this reflect upon Movoto? One guess who gets the short end in the marketing.
2 votes Thank Flag Link Fri Mar 29, 2013
I think Eric is right everybodys complaint its the same
Erick tiene razon
Flag Tue Jan 21, 2014
HI Eric,

I do apologize that you were given wrong information about the Movoto Partnership. As you know internet referrals require more work than traditional referrals that come your way.

Many of them are not pre qualified., what our successful agents do is set up a face to face meeting with the client in their office so they get to know them as an agent and visa versa. Along with a buyers consultation they usually have their lender present to help them get pre approved. Agents see more transactions close this way rather than telling them to call their lender and follow up later.

Our referral process is actually in line with industry standards. We give an agent 5 minutes to respond "Yes" or "No" to take on a client. IF you say no, we move along to the next agent, our goal is to get the client to an agent who is ready to help them. We do sometimes send out a request directly to you if the client request to work with a specific agent or all other agents not available

Sandeep@Movoto
Flag Tue Apr 2, 2013
I too have heard they recycle leads. I do not have time for that.
2 votes Thank Flag Link Sat Mar 9, 2013
Hi Russ,

We send out a request to one agent at a time, if they are not available to take it, we send the request over to the next available agent. We do not recycle leads. Agents can choose who they want to work with when they are available. However there might be times where all of our other agents are busy and we send the client directly to the agent or a client might request to work with a specific agent. Hope this helps, if not please feel free to contact me.

Sandeep @ Movoto
schaudhary@movoto.com
Flag Thu Mar 14, 2013
Worked with them for over two years and never closed anything(no harm, no foul). My advice is it is not worth it as quality of leads were not up to par.
2 votes Thank Flag Link Mon Mar 4, 2013
Hi Allen,

I'm Sorry the Movoto Partnership didnt work out for you. Hope you have a successful 2013!

-Sandeep @ Movoto
Flag Fri Mar 8, 2013
I have to agree with Scott, lead generation companies do nothing that agents can't do for themselves. Most clutter the internet with false advertising to generate their "leads."
2 votes Thank Flag Link Sun Feb 24, 2013
Hi John,

There is no false advertising on our site. We strive to have the most up to date listings on our site from the local MLS. If you have questions about Movoto Partnership please feel free to contact me.

-Sandeep @ Movoto
schadhary@movoto.com
Flag Fri Mar 8, 2013
I still don't understand why agents don't take the initiative and run their own marketing campaigns instead of taking the easy/lazy way out, which usually ends in failure and lost funds anyway.
2 votes Thank Flag Link Sat Feb 23, 2013
Hi Scott,

Great point! We do provide marketing campaigns for our agents and they are all free WE do not charge. We have agent profiles available where clients can review you as an agent (and soon it will have agents transaction history) and connect with you. We can help put up widgets on your site that show market trends, new listings that come out on your local MLS, etc. We only ask for a referral fee if you close with one of our clients we send over. E-mail me if you have any questions about our partnership.

Sandeep @ Movoto
Schaudhary@movoto.com
Flag Fri Mar 8, 2013
I'm partnered with Movoto and must testify that their business model will be a waste of agent time and energy for most ultimately its a numbers game. Beware they recycle leads and hand them off to unsuspecting partner agents. Fortunately, I have closed one deal and submitted multiple offers from different clients referred from Movoto and have always kept them up-to-date with progress reports. Unfortunately, the leads stopped coming! Ninety seven percent of my leads are for $50,000 or less and a large part of those are recycled but I have always work every lead completely. If you have thick skin and don't mind a lack of transparency, communication or redundancy from a referral service then Movoto can work for you.

Please if you have other options put your valued resources there and only use this service as a last resort. They'll keep you in the dark and never disclose their policies on how customers are assigned and send you reconstituted leads then act like itches and cut you off without explanation if you do anything other than jump high and fast at their call.

Its a business model with potential only if it were run with customer screening more communication and they treated partner agents like stake holders. Their referral fee of 30% is on par with relocation services minus all the added value.

The only consolation I am tempered by some of the wonderful customers that I call clients and I am thankful for that.
2 votes Thank Flag Link Sat Feb 23, 2013
Hello,

I'm sorry your experience with Movoto was not that great. As the Agent Relations Manager, please give me a call to address your concerns and see what we can do to send you more referrals. Hope to hear from you soon.

Sandeep @ Movoto
Schaudhary@movoto.com
Flag Fri Mar 8, 2013
Thank you for all the information guys. I was searching for some information on this company and you guys handled beautifully!
2 votes Thank Flag Link Thu Feb 21, 2013
Hi Keith,

Please feel free to contact me and I can explain Movoto Partnership to you. All our services are free to our agents, other than a referral fee if you close with one of our clients. I can let you know what we expect from our agents and what are agents are closing in your area. Hope to hear from you soon.

Sandeep @ Movoto
schaudhary@movoto.com
Flag Fri Mar 8, 2013
I joined Movoto two months ago. The first lead I received is the only one that has closed but I have two others with promise. They are a buyer-facing lead generator with a good CRM system. They know who they sent your way and they require enough updates they should know how each panned out. I will keep this arrow in my quiver for now.
2 votes Thank Flag Link Mon Jan 14, 2013
HI Wade,

Thanks for the review on our company.

-Sandeep @ Movoto
Flag Fri Mar 8, 2013
30% referral fee? No thanks. I'm not a big fan of these companies either. I'l pass.
2 votes Thank Flag Link Sun Nov 11, 2012
Hello Christiansen Team,

Yes it is a 30% referral fee, but only upon closing. No other fee's are associated with the Movoto Partnership. Give me a call and hopefully I can explain the Movoto Partnership better.

-Sandeep @ Movoto
Flag Mon Feb 4, 2013
Wow, I really don't like companies that prey on agents and sell below par leads like this one.

If I had paid for leads and received all unqualified contacts, I would not hesitate for a moment to charge back the entire amount I paid them with a credit card.

Very, very bad.

GOOD LUCK.

Scott Miller
Boca Raton, FL
2 votes Thank Flag Link Sun Nov 11, 2012
HI Scott,

Movoto does not ask for your credit card, its a 30% fee only if you close a transaction.
Flag Sat Feb 2, 2013
I signed up earlier this year and kept for 3 months. All buyers unresponsive that I got. The few i did make contact with were not actively looking. I think movoto never throws away a contact and recycles contact info amongst agents in a market. So in all liklihood a new lead to you was turned away from another agent. Side note, I am not for a website capturing a name for someone that looked on their website at a house and then trying to sell that contact for a refferal fee. I do a lot of real relo referral business and these are bad leads, not referrals. better off farming yourself and don't expect fresh hot leads to be dropped in your lap.
2 votes Thank Flag Link Sat Nov 10, 2012
Movoto will send you un qualified leads for the areas you have set up with them. If you close any of the leads you pay the referral fee that you have agreed on. (Personally I think it is a long shot to get any of their leads closed.)

What they don't tell you is that after you have received 20 leads - if you don't write an offer you will not receive additional leads. They will 'pause' your account without telling you. It took me 3 weeks to get them to tell me what was going on my account.

So I suspect most of the partner agents fall into this no man's land - like me. I can't work the leads they have sent mainly because those prospects do not want to be contacted by an agent and refuse to respond to inquiries. Frankly I think they acidentally click on a part of the web site that triggers the process of having an agent contact them. Many of my leads needed an agent that spoke a different language than I spoke.

I found the process very frustrating - Movoto doesn't communicate well with their agents. There is no training on how they expect you to work their web site - and yes they have definite expectations about that. They don't tell you these little details about how the system works in advance.

Overall my impression is that this is a company that is run very poorly and if they manage make some money off an agent's hard work - it's purely luck. You can give them a try - maybe you can close a lead if your'e lucky.
2 votes Thank Flag Link Tue Mar 20, 2012
HI Dena,

Thanks for the review. I am sorry you had a bad experience with the Movoto Partnership. It seems like we got disconnected on 2/24/12 when we spoke to you. We tried to call back but no answer. Please feel free to give me a call so we can discuss your partnership.

-Sandeep @ Movoto
Flag Mon Feb 4, 2013
I work for an agent how has been receiving leads from Movoto for almost a year now. Yes some of the leads dont pan out, but she has closed 7 sales from Movoto so far.... So I'd say its working out.
Good luck!
2 votes Thank Flag Link Wed Jan 12, 2011
I've been working with Movoto for about 2 years now i've closed several leads with them. So far this year alone i've closed 3 out of about 20-40 leads in 6 months and netted about $10000 (after my office takes their cut) just with them since January of this year. I'd rather pay a referral fee when a lead spans out than pay a monthly fee in hopes a lead spans out. I'm not sure why there would be negative reviews about Movoto when you're getting the leads for free till you close.

It's definitively helped me get into a pattern of responding to leads faster. So far this year I'm able to set a minimum for my referrals, so if I don't want a lead under a certain price point I don't get them and I love that. Talk to your account manager and make that happen. Another point to make is they close my account out several times a year for not responding to leads on time or not closing leads after several leads have been sent, I see it as a kick in the butt. I just call my account manager, get it reactivated and then start closing leads.

A lot of my business comes from AGENT referrals so I see Movoto as an agent who refers me tons of business and like any agent if you don't respond to their referrals on time or close on the referrals they give you and provide great service to their referrals they'll drop you. Think about this also, If you pay an agent a referral fee for a lead how is this any different?

I tried to get another agent into Movoto this year and they were completely booked for my area so you may not be using them as an agent but other agents are and we're making money. I dropped other monthly fee systems and now just use Movoto in line with my lead generation every morning.

Temi Akojie

Interested in learning more about Keller Williams or becoming a real estate agent?

http://www.redcareers.com/uppermarlboro/temitopeakojie/

Keller Williams Preferred Properties
Direct:301-337-7325(REAL)
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1 vote Thank Flag Link Thu Jul 17, 2014
I have been working with them for a year now and they have a lot of leads. some good and some not so good . The ones I have converted into buyers have been very good .
I agree with Arturo Shivers as a good and experienced agent you have the responsibility to be able to figure this out on your own.

I have quite a bit of my own business so I do not solely depend on Movoto but it is nice this time of the year when we are slow to have them give us leads.
I like the fact they follow up and they are very pleasant to deal with. Also they ask when you are leaving town so they do not bother you when you are on vacation and can resume working when you return.

The 30% referral fee is Standard for most referrals I deal with and the fact that I am not paying for it as you do with others such as Trulia on a monthly basis works great for me.

I am sorry cannot help you with procuring cause as this has never come up for me with Movoto or anyone during the 30 years I have been selling Real Estate.

Partnering with Movoto has been good for me and my business, I have enjoyed the people that they have sent to work with and look forward to a great 2014 with Movoto .
1 vote Thank Flag Link Tue Jan 21, 2014
Movoto.com is a complete waste of time! I started with them at the begining of the year when they reach out to me. I thought it sounded like a great idea but the leads I got where mostly between $30,000.00 and $50,000.00 and if you take in their 30% referral that they get well you see that you are not making anything worth your time as a Realtor. For over 6 months now I would get leads that were either lookie lou's or people would never return my phone calls or emails. Yesterday I got an email from them stating that they were suspending my account since I have not closed on any deals in the time alloted. Then when I confronted them about the lack of quality leads I was sent an email stating that they are aware of leads in the Las Vegas area that never pan out. So how am I being told that I am not closing on deals yet they are aware of the bad leads in Las Vegas? I close on deals all the time here and I thought this would have been a great partnership for my business but after 6 months and horrible leads its time to move on. If you are thinking about this for your business I would not waste the time spent on their program.
1 vote Thank Flag Link Thu Sep 5, 2013
Michael, I don't know if your account was ultimately suspended or not, but, in case it is still active, when you receive a notification, you have to choose to accept the lead or not. You are not penalized for not accepting. But if you do accept, you have to nurture it...it is a numbers game.
Flag Tue Jan 21, 2014
Save yourself a heap of frustration and more importantly time by improving your skills or stepping outside your comfort zone. I've been a Movoto partner agent for almost a year at this point and wouldn't recommend this company based on my experiences.
1 vote Thank Flag Link Mon Aug 19, 2013
That sounds like a ridiculously high price to pay.
1 vote Thank Flag Link Sun Aug 18, 2013
I agree that they do send alot of lower priced leads. I am not sure exactly why that is. other than that, they are good. They have a great customer service department. can't see too uch of a downside in the low priced leads because you do not have to accept them. Many people criticize internet lead companies. It is just a matter of knowing that if you close 3-4 percent of them, you are doing well. it is the nature of the game.
1 vote Thank Flag Link Sun Aug 18, 2013
You've essentially hit the nail on the head, Unqualified Internet Leads. I looked into them and felt it was a lousy deal and that the best thing they had to offer was their "pitch"
1 vote Thank Flag Link Sun Aug 18, 2013
You've essentially hit the nail on the head, Unqualified Internet Leads. I looked into them and felt it was a lousy deal and that the best thing they had to offer was their "pitch"
1 vote Thank Flag Link Sun Aug 18, 2013
My experience was some terrible leads over a 2 year period with mutual termination a result. Not saying that this does not work for others, just my own evaluation.
1 vote Thank Flag Link Sun Aug 18, 2013
If your in the Chicago area and are fine with leads on average that are consistently below ($20,000-$50,000), 1-2 leads per month (if that many), and leads that haven't been vetted, then sign up.
In my opinion, Movoto has taken on to many partner agents in the Chicago area probably focusing on quantity over quality and as a result the allocation of leads per week rate has dropped off drastically from about 4-6 per week 10 months ago down to about one lead every 12-15 days.
This is just one man's opinion! Judge for yourself. Otherwise, shut up, sign up and pay 30% on the back end.
In closing, praise, complain, support Movoto or not it's always best to leverage time and market $$$ in programs that will reap the highest return for your efforts. Good luck.
1 vote Thank Flag Link Sun Aug 18, 2013
They have a bad reputation in Chicagoland area , i have a lot of clientes telling me that motovo sold their info to third parties and the clients are furious .

Some of those buyer already file complaints with the state attorney
1 vote Thank Flag Link Tue Jul 30, 2013
Santiago,

That is completely not true and I have not seen any complaints filed against Movoto regarding that. If you read our privacy policy you will see that. Also its on our Referral Fee Agreement.

If you have further questions please feel free to contact me.

Sandeep @ Movoto
Schaudhary@movoto.com
Flag Fri Jan 24, 2014
We had some short experience with them. Very low listing price leads.
1 vote Thank Flag Link Wed Jul 24, 2013
I found another company offering similar service as movoto, but I have lost and can not find the website for it. Does anyone know of it?
1 vote Thank Flag Link Wed Jul 24, 2013
I have been working with Movoto for some time now and have closed many transactions for them. I find that their 30% referral fee is in line with relocation referral fees. They have a great customer service department that helps with the follow up of the lead. They are also good with agent reminders. The key with working their leads is follow up. Isn't that what we do with any lead? Good agent follow up and communication will lead to a closing, even if it 6 months later.
1 vote Thank Flag Link Thu Jun 27, 2013
I have been working with Movoto for some time now and have closed many transactions for them. I find that their 30% referral fee is in line with relocation referral fees. They have a great customer service department that helps with the follow up of the lead. They are also good with agent reminders. The key with working their leads is follow up. Isn't that what we do with any lead? Good agent follow up and communication will lead to a closing, even if it 6 months later.
1 vote Thank Flag Link Thu Jun 27, 2013
Movoto is easy to work with. Their customer care department is terrific. The five minutes they give you to respond whether or not you want to accept a lead is demanding, but I undersatnd the importance of it.
I find their leads of slightly better quality that other internet lead companies, but also somewhat lower price range leads for some reason.
They do not charge up front for leads like so many lead generating services do, and i feel this is a large advantge that they have.
We have been with Movoto for about 16 months, and I have found them terrific.

Scott Myers
Century 21 Scott Myers, Realtors
San Antonio, Tx.
1 vote Thank Flag Link Sat Jun 22, 2013
I have worked with Movoto.com for at least 3-4 years if not longer and have closed a number of deals with them. As I understood, in the beginning, they would scrub the lead and let the lead know to expect a phone call or email shortly. They no longer do this, but it hasn't cut down on the number of leads or the quality. Now, I get a text and email asking if I can respond to a lead but have to answer yes or no within 5 minutes. That's due to how quickly internet leads expect a response before flying off to another site or agent to get the requested information.

Their referral rate is no different than what I get or pay to associates and actually less than the internet and relo referrals from my broker. It's free until you close. So, it's really up to the agent to make it work, or not. A slice of the pie is better than none and I've received referrals from these clients making it all the more worthwhile!
1 vote Thank Flag Link Sat Jun 22, 2013
MOVOTO.com is very real company that has plenty of users and some of them are real house hunters. MOVOTO has great tools to convert a nice percentage of the callers into viable leads. And to keep the Realtors on the move.
As with any worthwhile leads that a good Realtor may get, your expertise in determining if it is a workable lead or not in the least amount of time possible is the challenge. If you have the time to dedicate to research new leads and the ability to convert them to sales, you may be surprised to get additional sales and closings that otherwise you are not getting.
MOVOTO has great plans and the tools to assist good Realtors. In the end, it is you, the Realtor, who will make the sale happen. My experience about conversion rates has been better than 1 in 18 and I am sure I can easily improve this...with more work. I am pleased to get 70% and pay MOVOTO 30% for a sale that otherwise I wont even see. Be forewarned: This is only for hard working Realtors. You will need to work for what you earn. Lazy Realtors need not apply.
1 vote Thank Flag Link Fri Jun 21, 2013
30% is very high when you also have to split with your office. They would have to provide a pre-approved or all cash buyer for that.Save your money, you can get unqualified leads yourself.
1 vote Thank Flag Link Fri Jun 21, 2013
I am a MOVOTO realtor... and the 30% is definitely worth it.
I have tried the "pay as you go" leads, and as always ... so many are junk that it will come out as at least 30%. With MOVOTO I only split with them on the deals when I actually close.
MOVOTO has a vested interest in seeing to it that the leads are handled properly, because if nothing closes, they don't get paid either. They see to it that the leads are good quality.
If I received a referral from another agent I would certainly request a 30% referral fee.
As a bonus, they monitor my activity so nothing falls through the cracks. and I actually handle the leads through to closing or to a dead end. Their assistance with the CRM portion of the website is top notch.
If you qualify for the leads ... do it!
1 vote Thank Flag Link Thu Jun 20, 2013
Thumbs up Movoto! Send more leads.
1 vote Thank Flag Link Sat Apr 6, 2013
I Joined Movoto 2 years ago. Is about 10% of my closing deals, the leads conversion rate is about 10 to 15 %, The only bad thing is that they are expecting an update on a new lead on a 30 min to a 1 hr after received the email, hard to do when you are on the field with other client.
1 vote Thank Flag Link Sat Mar 30, 2013
Never heard of them, and i have had a bad experience with Zillow as well.
1 vote Thank Flag Link Fri Mar 29, 2013
Hi Vincent,

Please feel free to give me a call and I can explain the Movoto Partnership.

Sandeep@Movoto
Schaudhary@movoto.com
Flag Tue Apr 2, 2013
They sent us a good lead on a new built--has not closed yet but they are proactive on customer care
1 vote Thank Flag Link Sat Nov 10, 2012
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