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Updated over 9 years ago on . Most recent reply

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Angie Ritter
  • Virginia Beach, VA
5
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24
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Getting started and looking for the best lead source.

Angie Ritter
  • Virginia Beach, VA
Posted

We are getting ready to 'buy a list' and are looking for your input.

Looking at rebogateway, list source, lead source, realty trac....... any other? best results? best cost? rebo is a monthly fee and the others seem to be for a specific list but can't see pricing....

Looking forward to hearing from you!

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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
Replied

Given that this topic is probably asked no less than 50 tines daily, you are asking the same thing that is posted elsewhere on BP forums.

I suggest you focus more on the fundamentals of real estate then what makes a deal for you or your buyer.

Once you know what makes a deal, look for obviously motivated sellers, especially mortgage defaults with equity. 

Don't worry about who's list is best. You'll find out by testing which data vendor provides it in a format that is most useful to you and proves most productive.

I started working Foreclosures in 1978. That never fails to produce a seller who wishes to salvage something from their equity.

I'd much rather have a small lead list of properties with owners who have multiple issues to trigger a seller becoming fully cooperative and sweetly reasonable than a giant list of thousands that I must spend money marketing to before vetting later.

If possible, learn to segment and spend greater time focusing on well-qualified leads and don't give up because your competition hopes that you will quit.

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