Lead Generating Systems

Profile picture for 321321
Has anyone used one of these systems? I am thinking about signing up for housevalues.com. The rep claims that for $299 a month, I will recieve at least 10 leads wanting to buy or sell within 6-12 months. Also included with the price is software to help ruin campaigns for everyone from FSBOs and past clients.

I am tempted to sign up but want to see if anyone else has used these.
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October 09 2007 - US

Replies (16)

I don't use it personally, but I do know someone who had pretty good success with one of them. I'm not sure it's housevalues or not. As long as you can cancel anytime, it might be worth a shot.

PS, I'm assuming you mean run campaigns and not ruin campaigns?
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October 09 2007
Profile picture for 321321
yes, run not ruin- boy I should proof read my posts. Thanks
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October 09 2007
No worries, we all do it. Keep us posted on how it works out.
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October 09 2007
Profile picture for seaglassvi
Lead 2 realty is by far the best one that I have found and I have researched them all. You buy 5 per month minimum... but no referral fee like homegain and they will refund your lead if it is not legitimate. If you say I sent you they will give you one free lead. I have had great luck with seller leads... converted 3 of 4 into listings. You can email me at nickv@windermere.com for more information and I can give you my reps email address if you would like.
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October 10 2007
Profile picture for JoREMN
I use a lead generating service for management leads. While I get alot of leads only about 20% turn into a new management account.

Can you try them out or cancel at any time?
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October 10 2007
Profile picture for 321321
From what I understand most you have to have a one year contract. That is why I wanted to hear information from other professionals before I made a decision. And yes Nick email me that information: rrice@roseandwomble.com
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October 11 2007
Profile picture for Ron Henderson
Ramona,

I've tried just about every single lead generation company out there. I'm tempted to tell you they're all worthless, but it's really not their fault. The problem is not the leads, because you'll get them, the real issue is the "quality" of the leads.

I finally figured out (by calling Yahoo and Google) how to run my own campaigns and for MUCH less cost (about $70-$150 per month with NO contract).

I still get the exact same leads the lead generators were giving me, but for much less cost. They're simply using a pay-per-click campaign that's very easy to set up yourself.

As I said, it's the quality of leads you'll get. My personal experience is that you'll get a lot of "surfers" instead of buyers. They tend to be younger first time home buyers that are "wishing" or simply looking at homes, but most of them are looking with the knowledge that they won't be able to buy anything for 6 months-2 years (when they register through my website there is a question that asks them when they're thinking about buying a home so this is where I'm getting this information).

Recently though, I've had some real success with this. I have one client I'll be working with around $150,000 and another in December at $400,000. I'm targeting relocation clients with a particular campaign and it seems to be working decent so far.

Before you sign any contracts, I would suggest you contact Google, Yahoo, and MSN to ask about setting up a pay-per-click campaign. They all have GREAT customer service and they're more than happy to help you.
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October 11 2007
Profile picture for Rate A Home
Ron, your right on the money with your quote "The problem is not the leads, because you'll get them, the real issue is the "quality" of the leads."

Agents today have to capture the lead at their home page of their personal web sites. With 80%+ of the buyers surfing the internet before making contact, where's the logical place to generate the lead?

Give the buyer some thing in return. A "Wish List" that tells you what the buyer is looking for, in return the buyer gets a copy for their search. And only you receive the lead, not 20 other agents to compete against.

I look at it, if they are visiting an agents web site there must be some interest of the buyer dealing with that particular agent, don't let them slip away to the next click on the search page.
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October 11 2007
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October 12 2007
Thanks Drew!
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October 12 2007
Profile picture for MORTGAGE OPERATOR
I liked Ron's response.. Google, Yahoo and MSN Pay-Per-Click...at least you would be getting your own leads..not leads that have been sold to others.

Newspaper Ads can cost a lot more..
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October 16 2007
Profile picture for Rate A Home
Feel free to add the lead generating wish list program to your site. We don't derive any income for the service. We decided with the economy to make this a free service to agents, builders and mortgage companies. Hopefully this isn't viewed as spam? Just trying to help out everyone in these slow times.

http://www.rateahome.com/documents/AddLink.aspx
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October 17 2007
Profile picture for Eric P. Egeland
I've used Housevalues.com before & it was a horrible experience. Most of the leads were ficticous & the ones that were real were very poor. I actually paid to get out of my contract early.
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October 18 2007
Profile picture for TeamHefte
I have used a few few different ones and cancelled-but I have been with House Values for about 4 years and it more than pays for itself. Can't just do the online CMA's-you have to follow up and knock on the door-send letters... I closed one this month through a HV lead. I'd say I average about 5 or 6 closing a year due to leads from HV. But, like everything-don't think you sign up and get a listing-you need to work the leads.
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October 18 2007
Profile picture for billrunyan
Using this for a year, got off the leads program, not the software. Closing my first client in a few weeks, but the drip system is first class. Will I continue? Not after "In-Touch List" comes out.
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October 20 2007
Profile picture for Art Raby
How to give added-value to your Buyer Leads
The Internet has revolutionized the way homebuyers purchase homes. A NAR survey (2007) notes that a whopping 98% of respondents view the Internet as ether very useful or somewhat useful in gathering information concerning home purchases.
Because homebuyers are using the Internet more then ever, real estate agents are getting more homebuyer leads. The Internet has done a good job driving homebuyers to the web, but there are two sides to every real estate transaction and the Internet has not given the home seller a good reason to come to the web. www.FindABuyerForMyHome.com has addressed this void by generating a database of homebuyers. A homeowner who is selling their home can put the criteria for their home into the database of homebuyers to see how many homebuyers are looking for homes in their zip code and price range.
As agents receive more homebuyer leads they have less time to solicit homeowners. By marketing the homebuyer as a commodity to homeowners this reverses the process of solicitation. The homeowner will now solicit the agent who has a homebuyer that matches the criteria of the homeowner’s home. Thus the homebuyer lead has more value.
araby@findabuyerformyhome.com
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October 22 2007
 
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