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Bob Magazu, Real Estate Pro in 04072

Do any agents use a lead generating company that acutally give you good leads?

Asked by Bob Magazu, 04072 Sun Feb 8, 2009

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Answers

13
You're better off to focus on getting your own leads.

Try building a website and marketing on Trulia, Craigslist and other sites.
2 votes Thank Flag Link Thu Aug 27, 2009
Unfortunately I didn't think to do research on Reply, Inc's reputation and manner of doing business.

I got a call from them while on vacation. Their sales rep explained that they charge $ 54.95 per valid lead. I would get credit for invalid leads. I signed up for 5 per month and told him I wanted to get no more than one per week - because payment is due within 72 hours of getting the lead. I didn't want a bunch of charges to roll up on me very early in the relationship. He said no problem.

Upon returning from vacation I looked on Active Rain and found lots of negative feedback on them. I e-mailed to tell them I wanted out. They told me I'm in for for their 30 day cancellation period.

In the first 2 days they hit me with 5 leads, in two weeks I've been billed for SEVEN leads when I asked for a maximum of FIVE per month! That's $ 384.65 in two weeks!

They've made no attempt to honor their sales rep's representations, their only replies have said that I owe within 72 hours for any leads sent. Absolutely no recogniton of the fact that their rep agreed to the one per week, 5 per month that was agreed to on the phone.

Reply Inc., or Reply Real Estate as they go by uses misrepresentation and deception. Avoid them. It will not be a good experience.
2 votes Thank Flag Link Sat Aug 1, 2009
They are a waste of time and money, no mater what they tell you.

Join groups, volunteer, get involved in the community, host regular events and do not be afraid to ask for business, or remind people what you do by showing excitement and enthusiasm.

Gain knowledge of more than just selling a home and share that information with your clients and friends with a regular newsletter of useful information. Become the one your clients and friends come to for information, or resources.

Let people know that you love what you do. I look at what I do as a full time job that I love.

Bust of luck to you!
2 votes Thank Flag Link Sun Feb 8, 2009
I have had mixed results with lead generating, I have good leads from some, not so good from some and felt ripped off from others. These are some I have used.

Reply Real Estate, expensive and all they do is get web users to fill out a form requesting an agent, these leads have NOT worked for me.
HomeGain, has a program called Buyers Link, it sets you up with a landing page to your web site and they attract home buyers through there ability to rank on first page with search engines. This program is not very expensive and does result in some good prospects.
LeadToRealty, very similar to Reply Real Estate in that they are expensive but they claim they call the potential leads to verify their interest. I don't believe they call every potential prospect but the leads have worked for me.

Carlo Rogoff
Keller Williams Realty
Central Valley, NY
(845) 837-9705
Web Reference: http://HomeLinkNY.com
2 votes Thank Flag Link Sun Feb 8, 2009
I got a phone call today from Belinda Leisure from Reply.com - I considered her proposal carefully: her company would set me up for Roseville leads for $30. one time fee. Within a day or two I would begin to receive fresh leads of verified, viable real estate buyers. I would have 3 days in which to confirm that these were viable buyers based on my own criteria. I would be charged $55 dollars only if I confirmed that the lead was indeed a viable lead that I could work with. I explained that I reject most leads because the "buyers" are often unrealistic. (seeking 50% discount off of current list price, and / or expecting to buy an as is bank repo fixer with 3% down and expecting the bank to make all the repairs anyway. ) Belinda assured me that there would be no charge for rejected leads.

I have been researching Reply.com a bit on Google, Trulia and active rain, this afternoon. They do not seem to have a major real estate site themselves, at least not under the banner reply.com. I think they are buying their leads wholesale from other websites and brokering them out to agents and other lead buyers.

I see one reference to Reply.com down below. I am wondering if anyone else has had either good, mixed, or bad results form using their service?
1 vote Thank Flag Link Thu Feb 26, 2009
Jim Walker, Real Estate Pro in Carmichael, CA
MVP'08
Contact
I did not sign up with Reply, or any of the other lead capture companies. I told them I would give them the benefit of the doubt if they wanted to give me an account, send me leads, and trust me to send them $55 when I thought that it was a good lead that I could work with. Of course they would not do that, they must have a credit card on file. Well, trust is a two way street.

I invited them to check out my internet presence to verify my CA DRE # 00881401. But they just weren't able to send me leads on faith. But they thought that I should place my faith in their promise to not charge my credit card for rejected leads.

A side note: I have an easy to remember phone number, that is used by lots of businesses including the social security administration. My number is often given to lead capture companies as a ruse by web surfing registrants who do not want to give out their own (real) number. So they give out a number they think is made up. (But it is actually real - mine). When a lead generating company gets a hot lead, it sells it to everyone.

Whenever my number is given out by a bogus registrant I get many calls within a few hours of the fake registration. I wonder if each agent gets charged $55 by the lead capture company.

The BEST lead generation I have ever had - Trulia.com.
Trulia.com , at no cost, provided results first. Later they offered premium services.
0 votes Thank Flag Link Thu Aug 27, 2009
Jim Walker, Real Estate Pro in Carmichael, CA
MVP'08
Contact
The best way to generate leads on the internet is to build a website that buyers and sellers can find easily and have a reason to visit again and again. Of course, this isn't easy to do. It takes months to work your website into the search engines and a lot of time to build a website and keep it fresh. However once you get the momentum going, it can really pay off.
0 votes Thank Flag Link Sun Feb 8, 2009
I have not found any lead generating company yet that gives you good leads, some are actually over a year old. Do your own generating and you will make out much better.
0 votes Thank Flag Link Sun Feb 8, 2009
Meet more people. The more contacts you make the more opportunities you will have. Paying for leads is like paying for sex. Ask Eliot Spitzer how that worked out.

More to the point, go to http://bloodhoundblog.com and study there.
Web Reference: http://bloodhoundblog.com
0 votes Thank Flag Link Sun Feb 8, 2009
I've always had an issue paying someone else to what I (my team) could do better. My experience is most so called "leads" are noting more than someone entering a name and email address (maybe a phone & address) to enter a website. Not exactly someone looking to buy or sell a house any time soom. Another example is HouseValues, they say the provide you with leads, my opinion there business model is flawed. The site address alone is wrong "HOUSEVALUES" these are people that want to know what there house is worth, not necessarily list there house for sale. These leads would be best suited for appraisers in my opinion. Hope this helps.
0 votes Thank Flag Link Sun Feb 8, 2009
Have never found one and I don't recommend them. The only true source for leads is your own efforts and marketing strategy. Don't be a secret agent.
Web Reference: http://www.c21ab.net
0 votes Thank Flag Link Sun Feb 8, 2009
I have never found a lead generating company to work.
0 votes Thank Flag Link Sun Feb 8, 2009
GREAT QUESTION: I determined from experience paying for leads it was best interest focus energy on our own marketing programs
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Sun Feb 8, 2009
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