Buying Leads

**Weteam** · 12-17-2007, 01:27 PM

Hi,

I know it is rather common to pay for leads in real estate. I'd love to hear people's experience.
Anyone would like to shed any light on this? Thanks in advance!

**jonathanmartin** · 12-17-2007, 02:42 PM

When I first started in Real Estate, under some no-name broker. I wasted money on leads, nothin, just a suck of time and money. You'd be better off spending that same money on a website and pay-per-click and getting the leads yourself. Or better yet, get out of your house and meet people. My daily goal is to talk to 20 new people a day. Odds pay off, whether is over the phone or in person. Just get out there. No one ever made it big just sitting on their couch.

Whatever you do don't sign a contract. If a company needs to bind you into a contract then they are a scam. If their product was any good they would worry about you leaving them.

This has just been my experience and personal wasted money.

**Mike Taylor** · 12-18-2007, 03:49 AM

I have to agree with Jonathon 100%. I have never paid for leads but have only heard horror stories. Use that money on your own advertising and create quality leads for yourself. They are your competition, don't make them stronger.

**Greg** · 12-18-2007, 06:03 AM

I tried buying leads and it was a waste of money. The best return for my money is my own website. If your site isn't doing it use pay per click until you can get your site into the money making mode.

**BSS2T** · 12-19-2007, 10:31 AM

I would never do a pay per lead program. I do a subscription basis on a front page website with a company that is quite economical. I get about 100 leads monthly with a 5% conversion rate (roughly). 3 front page websites costs me 147 monthly.

The cool part is when old leads that have burnt out refer you to someone, because you gave them great service.

And the beat goes on....

Brad.

**Jim Olenbush** · 12-19-2007, 03:03 PM

I hate the annoying phone calls from salespeople asking if I "need more business because they have LOTS of clients interesting my area", then they have to pause to see what area I am actually in. Agghhh!!