Wholesaler · Boise, ID · Member since 2008 · 40 posts · 21 votes
18y
I am pretty amazed at the posting on this thread about internet leads. I would consider myself an expert on internet leads, but only because of experience. I have found internet leads to be the best leads I can find.
Here are a few reasons I choose to use a website targeting motivated sellers as my number one lead generation source.
[list]1. It works 24/7. I have found that many of my motivated sellers complete my on-line seller form late at night or early in the morning, when I am not working.
2. You can target your local area. Your target area can be as large as a state or as small as a neighborhood.
3. One of the greatest benefits of websites that generate motivated seller leads…it is very inexpensive to generate leads.
4. Another great benefit of generating motivated seller leads from a website; some times you are the only person the motivated seller contacts to receive an offer on their house. Simple law of supply and demand. If the motivated seller is only receiving an offer from you, you will get a great price for the house. [/list:u]
Here are some tips if you want to use a website to attract motivated seller or buyer leads. I would recommend using a website that is already set up. For one it saves time, you can have a website up and running in less than 24hrs. Perhaps the largest reason is because you need a website that is built correctly. By built correctly I am referring to SEO (search engine optimization), and the website programming. I too often see people trying to build a site by themselves and compete with highly optimized websites. Unless you make it your job to create a great website, you will always be behind your competition.
The things you need to watch out for are the price you pay and how leads are distributed. When I started getting leads from the internet I was paying over $2,000/month for the leads in my area. Granted I was signed up for multiple websites, but still that is a lot of money. I quickly found out that some websites are just out to get rich off of other people. and others are very over priced. If you are signing up for a website make sure the leads in your area are only distributed to you. I also would not sign up for any website that charges a sign-up fee.
P.S.
If you want to get started buying houses and you do not want to sign up for a monthly fee. Sign up for a free account at multiple lead broker sites. Then when you see a lead you like purchase the individual lead. This is how it all started for me. My 1st lead cost me $35. I was the only person the motivated seller was contacted by. I made over $15,000 off of that lead by flipping the house. That is why I like internet leads so much.
I hope this helps anyone looking to generate motivated seller leads by way of the internet
Pleasant Hill, CA · Member since 2008 · 428 posts · 43 votes
19y
Internet Leads are always sold to multiple clients. You will be competing with many others when you contact these leads. I've found it to be ineffective and tedious.
Real Estate Investor · Member since 2008 · 2 posts · 0 votes
18y
i am an investor in south jersey who buys and sells under market.
What type of properties are you looking for? Do you rehab, if so , to what extent? Are you prequalified and how fast can you close a deal?
I signed up for a service that provided leads from TV ads. It didn't work because the TV covered a 13 county area and most leads were out of my target area.
Wholesaler · Boise, ID · Member since 2008 · 40 posts · 21 votes
18y
I am pretty amazed at the posting on this thread about internet leads. I would consider myself an expert on internet leads, but only because of experience. I have found internet leads to be the best leads I can find.
Here are a few reasons I choose to use a website targeting motivated sellers as my number one lead generation source.
[list]1. It works 24/7. I have found that many of my motivated sellers complete my on-line seller form late at night or early in the morning, when I am not working.
2. You can target your local area. Your target area can be as large as a state or as small as a neighborhood.
3. One of the greatest benefits of websites that generate motivated seller leads…it is very inexpensive to generate leads.
4. Another great benefit of generating motivated seller leads from a website; some times you are the only person the motivated seller contacts to receive an offer on their house. Simple law of supply and demand. If the motivated seller is only receiving an offer from you, you will get a great price for the house. [/list:u]
Here are some tips if you want to use a website to attract motivated seller or buyer leads. I would recommend using a website that is already set up. For one it saves time, you can have a website up and running in less than 24hrs. Perhaps the largest reason is because you need a website that is built correctly. By built correctly I am referring to SEO (search engine optimization), and the website programming. I too often see people trying to build a site by themselves and compete with highly optimized websites. Unless you make it your job to create a great website, you will always be behind your competition.
The things you need to watch out for are the price you pay and how leads are distributed. When I started getting leads from the internet I was paying over $2,000/month for the leads in my area. Granted I was signed up for multiple websites, but still that is a lot of money. I quickly found out that some websites are just out to get rich off of other people. and others are very over priced. If you are signing up for a website make sure the leads in your area are only distributed to you. I also would not sign up for any website that charges a sign-up fee.
P.S.
If you want to get started buying houses and you do not want to sign up for a monthly fee. Sign up for a free account at multiple lead broker sites. Then when you see a lead you like purchase the individual lead. This is how it all started for me. My 1st lead cost me $35. I was the only person the motivated seller was contacted by. I made over $15,000 off of that lead by flipping the house. That is why I like internet leads so much.
I hope this helps anyone looking to generate motivated seller leads by way of the internet
Minneapolis, MN · Member since 2008 · 691 posts · 12 votes
18y
Hey Mercury,
Sounds like you are a busy guy! Are you a full time real estate investor? I went to the site you mentioned, and it looks like it would cost me $7,900 to get their package. Too rich for my blood, but thanks anyway. Maybe after I get a few more deals under my belt.
Real Estate Consultant · Siesta Key, FL · Member since 2008 · 421 posts · 50 votes
18y
Yes sir, very busy indeed. My main goal is finding buyers as the deals come quite frequantly here in Florida. I'm sorry, foreclosures daily doesn't do Minnesota yet. There are ways around the buying of the entire program and you can buy only the counties that you want.
Portland, OR · Member since 2008 · 12 posts · 0 votes
18y
ExpertHomeOffers and msedwick, I appreciated your dialog on Internet leads.
msedwick, have you found an affordable Internet source for generating motivated seller leads yet?
Has anyone used Scott Rister's course on Motivated Sellers? Other ideas?
My wife and I are currently looking into starting a Birddogging service (at this point, we don't have the time to take on more than a birddogging type of role) and are interested in ways of finding the best shortsale prospects to then pass on to wholesalers and rehabbers.
Don't bother buying those lists. By the time you get them, the property owners have already been overwelmed with phone calls from investors. You need to find fresh preforeclosures to get to the property owners before other people.
The problem isn’t with the list it is with the Investors who don’t know how to close...
Your presentation to buy at a discount starts with your marketing... Then it is carried thru the call capture finally resting with your ability to get a contract signed.
Minneapolis, MN · Member since 2008 · 691 posts · 12 votes
18y
Does anyone know of a list site that will provide targeted lists (that are not a scam) like:
- Owners of houses who have owned thier homes for over 20 years (posssible repair problems so they might sell for less, or possible free and clear owners who might sell for terms)
- Non-owner occupied (burned out landlords)
Then one could do a direct mail campaign. Maybe a site even does the mailing for you or priovides a list you can mail merge yourself? Any such suggested sites you have already confirmed is real and not a scam?? Thanks!
Wholesaler · Boise, ID · Member since 2008 · 40 posts · 21 votes
18y
I use RealQuest for my direct mail marketing lists.
You can build your own direct mail lists.
Sort by purcahse date, tax assessed value on home seperate then land (that way you can target fixers). There are endless things you can sort by so you can creat your very own list.
Hope this helps.
Charlotte, NC · Member since 2008 · 75 posts · 2 votes
18y
Originally posted by "ExpertHomeOffer":
I use RealQuest for my direct mail marketing lists.
You can build your own direct mail lists.
Sort by purcahse date, tax assessed value on home seperate then land (that way you can target fixers). There are endless things you can sort by so you can creat your very own list.
Hope this helps.
Is there a name for that specific real quest service? It looks like they offer a variety of services, and I only appear to have access to valuations.
Wholesaler · Largo, MD · Member since 2008 · 98 posts · 11 votes
18y
Originally posted by "SouthJerzDevil":
Has anyone had any success with buying motivated seller leads or buying into a website that produces them for you?
i iknow of a couple investors who are members of those sites. i thought about it, but didn't when they couldn't tell me how many leads came in per month on avg.
i like being in control of my own marketing and once u have it going consistently the phone will ring. the other leads are icing on the cake
Wholesaler · Orlando, FL · Member since 2008 · 111 posts · 251 votes
18y
No question it is the best source in getting motivated seller leads.
People that are in trouble can tell their stories to a capture function and out of town dont wanters can unload.
Just type in Sell _____ (whatever city you live in) home fast into Google, then contact all the ads to the right and see if they have someone in your area.
Some sell by the lead, some sell by the month. All that I know of you are the exclusive buyer in the area.
Test them all, most will let you see some of the deals from the previous months if they do not have someone in that area.
Let me know where you are located and I will send you FREE leads in your area if I do not have anyone there.
Real Estate Agent · Mc Lean, VA · Member since 2015 · 3 posts · 1 vote
10y
The best system for generating motivated seller leads in my opinion isGQREA:
http://RealEstateLeads.pro.
They are a real estate trade association and they actually schedule appointments in the zip codes we gave them.My account manager is Andrew and their number is (877) 677-8077.If you call, just let them know I referred you.