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Updated about 8 years ago on . Most recent reply

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Elizabeth Wilson
  • Real Estate Investor
  • Memphis, TN
695
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940
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How much to pay for referrals/deals?

Elizabeth Wilson
  • Real Estate Investor
  • Memphis, TN
Posted

We are starting several new marketing campaigns and wondering what folks pay for leads that become deals.  How do you structure it?  I was thinking a grand per deal that their number brought to us.  (Every birddog that works for us has a separate number so we can track the leads/deals and pay them accordingly)

Thoughts?

Most Popular Reply

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590
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Kyle Doney
  • Flipper/Rehabber
  • Golden, CO
318
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590
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Kyle Doney
  • Flipper/Rehabber
  • Golden, CO
Replied

Very subjective.. We offer 20% of the profit. Keeps em motivated and hungry. I just don't feel like $1000 is enough unless it's a small spread. Everyone has their own way though and if you have guys that are constant and only require a grand then that's great!

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