Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
Hi all - Happy New year!
Today I got a notice from Zillow that beginning February 3rd, each rental listing will cost $10 per week. Since Zillow also owns Trulia and Hotpads, I'm not sure how that will translate to those apps but I suspect it will in some fashion.
So my question: what are you all using for alternatives? I don't mind paying for a good service, but I went back through the last few listings and saw that Trulia generated the most leads by far, followed by Zillow and then Hotpads. I'm already somewhat unsatisfied with Zillow for a few reasons, so I don't mind leaving them but I'm unsure where to go. I quit the Craigslist route a few years ago as the applicant quality was really suspect. We still have yard signs but some houses don't lend themselves to drive-by advertising as the roads are secondary.
So what do you all use for lead generation? Is it free or do you pay?
Rental Property Investor · Erie, PA · Member since 2018 · 6k+ posts · 9k+ votes
6y
I only use Facebook . I see no reason to use any other platform . The beauty of Facebook is the ability to screen the tenants beforehand . You can learn about everything just by their profiles before you even contact them . No other platform offers such a valuable tool .
Rental Property Investor · Union, ME · Member since 2018 · 161 posts · 104 votes
6y
Uh, I use Zillow.... slightly hit the panic button, I had not heard of this before! Also sometimes I find Facebook Marketplace to be ok, but similar to craigslist the tenant quality can be lacking a bit. I'm wondering how effective Realtor.com would be for rent listings?
Investor · Shelton, WA · Member since 2017 · 6k+ posts · 6k+ votes
6y
Apartments.com has worked well fo us. Zillow etc. produces way more applicants but lower quality. I would imagine Zillow and the trio will include each other whether you want it or not. I don't really see craigslist as an alternative.
Apartments.com has worked well fo us. Zillow etc. produces way more applicants but lower quality. I would imagine Zillow and the trio will include each other whether you want it or not. I don't really see craigslist as an alternative.
Thanks for the suggestion. I checked them out today and figured out they do in fact accept single family homes.
Investor · Shelton, WA · Member since 2017 · 6k+ posts · 6k+ votes
6y
@JD Martin my wife posted our Zillow ad on FB marketplace an hour ago..........she just said responses are pouring in........so we may get off Zillow anyway. We only have one vacancy and it became available yesterday.
@JD Martin my wife posted our Zillow ad on FB marketplace an hour ago..........she just said responses are pouring in........so we may get off Zillow anyway. We only have one vacancy and it became available yesterday.
I'm not on Facebook but I may have to get on there for the rental business!
Rental Property Investor · Erie, PA · Member since 2018 · 6k+ posts · 9k+ votes
6y
I only use Facebook . I see no reason to use any other platform . The beauty of Facebook is the ability to screen the tenants beforehand . You can learn about everything just by their profiles before you even contact them . No other platform offers such a valuable tool .
Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
6y
This isn't a big deal for many private Landlords. I am advertising 10 - 20 new units a month and there's no way I'll pay Zillow when there are dozens of other web sites available for free. I'll just stop using Zillow.
If it impacts my business too much, I can always load properties into the MLS and publish them for free that way.
I think this is going to hurt Zillow because there are too many free options available. This is typical of a large company that offers the moon for free, builds a huge market share, and then ramps up the charges until they eventually price themselves out of business.