SiteXPro leads seems legit, Buying Leads and cold calling

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SiteXPro leads seems legit, Buying Leads and cold calling

Joe Payton
Wholesaler · Dallas, TX · Member since 2012 · 15 posts · 0 votes

Friend led me on to this site. Curious how legitimate the leads (Pre-foreclosure, tax-delinquent, & absentee owners) will be. the Salesperson seemed to know what they were talking about. Wanted to get y'all's professional opinion. 

Are these good leads?

What's a better place for buying these types of leads?

Thanks

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Sean OToole
Investor · Truckee, CA · Member since 2013 · 546 posts · 445 votes
8y

Seems there is a lot of mis-information out there. :-(

SiteXPro, AgentPro247, etc are Black Knight products. Black Knight is the RE data spinout of Fidelity Title.

Listsource, Real Quest, REISource, etc are Corelogic products. Corelogic is the RE data spinout of First American Title. Corelogic itself is not a "title company". They are also not a "division" of First American, in fact FA is now competing with CL, with products like Data Tree.

Fidelity has a larger market cap then First American.

Black Knight has a larger market cap then Corelogic.

On the last two points I'm not suggesting larger is better, only pointing out that saying ListSource is better then SiteXPro because Corelogic is larger, is completely wrong. Corelogic has the smallest market cap of the entire group.

These are the big billion dollar players, but these providers, and all the other providers, get their data from the same place, in much the same manner. It's also an incestuous industry so there is a lot of sharing of data, abstracters, etc.

Where things DO vary a lot is in how the providers clean up the data, present the data, and the business model by which they sell the data. You can also find big differences at the individual county level, where different providers put different levels of effort into cleaning up crappy data from specific counties.

Bottom line: Anybody who says XYZ is "best", who hasn't done extensive testing of all the providers, for your specific needs, in your specific county, is giving you bad advice. Try everything, compare them to each other, back test them against the facts you know (or the county records directly), see which you like using the best, and see whose price offers the best value to you.

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  • Jimmy MurrayBusiness Member
    Investor · Warwick, RI · Member since 2013 · 220 posts · 119 votes
    8y

    Dropping a comment here to follow this thread. Would love to hear what others have to say.

    [email protected]401-829-1533
    Lyon Property Group4.5632 Reviews
    WebsiteView Page
    1Reply
  • Jonathan Damon
    Chesterfield, SC · Member since 2017 · 142 posts · 73 votes
    8y

    Same company that made AgentPro247. I would stick to list source because it's probably the same leads. Corelogic is the biggest title company in America.  

    1Reply
  • Joe Payton
    OP
    Wholesaler · Dallas, TX · Member since 2012 · 15 posts · 0 votes
    8y
    Originally posted by @Jonathan Damon:

    Same company that made AgentPro247. I would stick to list source because it's probably the same leads. Corelogic is the biggest title company in America.  

    Thanks @jonathan Damon, One of the reasons i switched is because REiSource doesn't have the pre-foreclosure list for Texas because of some sort of law not sure if it's the same in SC. But this SiteXPro seemed to have some really good options. Would you still only stick to Corelogic?

    0Reply
  • Jimmy Dudley
    Real Estate Broker · Westminster, MD · Member since 2017 · 159 posts · 101 votes
    8y

    Corelogic is the largest for a reason. But if you want to try REISource do it and write up an article about how it compares. Maybe you can get it published on Bigger Pockets. 

    0Reply
  • Jonathan Damon
    Chesterfield, SC · Member since 2017 · 142 posts · 73 votes
    8y
    Originally posted by @Joe Payton:
    Originally posted by @Jonathan Damon:

    Same company that made AgentPro247. I would stick to list source because it's probably the same leads. Corelogic is the biggest title company in America.  

    Thanks @jonathan Damon, One of the reasons i switched is because REiSource doesn't have the pre-foreclosure list for Texas because of some sort of law not sure if it's the same in SC. But this SiteXPro seemed to have some really good options. Would you still only stick to Corelogic?

     I do know listsource does have pre forcloser lists but I really don't know much about the state of Texas. It might be worth it to you. 

    0Reply
  • Sean OToole
    Investor · Truckee, CA · Member since 2013 · 546 posts · 445 votes
    8y

    Seems there is a lot of mis-information out there. :-(

    SiteXPro, AgentPro247, etc are Black Knight products. Black Knight is the RE data spinout of Fidelity Title.

    Listsource, Real Quest, REISource, etc are Corelogic products. Corelogic is the RE data spinout of First American Title. Corelogic itself is not a "title company". They are also not a "division" of First American, in fact FA is now competing with CL, with products like Data Tree.

    Fidelity has a larger market cap then First American.

    Black Knight has a larger market cap then Corelogic.

    On the last two points I'm not suggesting larger is better, only pointing out that saying ListSource is better then SiteXPro because Corelogic is larger, is completely wrong. Corelogic has the smallest market cap of the entire group.

    These are the big billion dollar players, but these providers, and all the other providers, get their data from the same place, in much the same manner. It's also an incestuous industry so there is a lot of sharing of data, abstracters, etc.

    Where things DO vary a lot is in how the providers clean up the data, present the data, and the business model by which they sell the data. You can also find big differences at the individual county level, where different providers put different levels of effort into cleaning up crappy data from specific counties.

    Bottom line: Anybody who says XYZ is "best", who hasn't done extensive testing of all the providers, for your specific needs, in your specific county, is giving you bad advice. Try everything, compare them to each other, back test them against the facts you know (or the county records directly), see which you like using the best, and see whose price offers the best value to you.

    5Reply
  • Marc Afzal
    Napa, CA · Member since 2018 · 23 posts · 4 votes
    7y

    @Sean OToole

    How does Property Radar compare with Data Tree, Rebogateway, ListSource, Agent pro 247? 

    Curious to know what Property Radar strengths may be in specific list categories such divorce, NOD, tax default, vacant property, Absentee Owners, Cash Buyers, etc.. How is the quality of the data to these other sources? Would be great if you could provide strengths and weaknesses..

    I definitely like the interface much better and the pre made lists for property radar and know you guys don't provide for every list mentioned but would you recommend any specific companies for lists you guys don't currently provide? 

    0Reply
  • Sean OToole
    Investor · Truckee, CA · Member since 2013 · 546 posts · 445 votes
    7y

    @Marc Afzal From a data quality stand point I'd say we are comparable to Listsource (Corelogic), Data Tree (First American), and Agent Pro 247 (Black Knight / Fidelity) for assessor and recorder data (the big 3). For foreclosures were better in AZ, CA, NV, OR and WA, for 2 reasons: 1) they aren't timely in a bunch of counties, and while we buy a lot of data, we abstract foreclosure notices in those counties because we haven't found any sources we can buy timely enough data from, which our auction investors rely on, and 2) we track the trustee sale auctions (postponements, cancellations, sales), which none of those companies, or Rebo do.

    I don't think any of the big 3 have vacancy, we do. Rebo has divorce and probate, which I've chosen not to offer, because I think the data quality is often poor, and more importantly there are better ways to do those businesses then public records filings (obits are available much earlier for example). Tax is easy to get from most counties, and while we will add it sometime soon (we have it internally), I'm concerned it won't be much of an opportunity after we make it widely available. My suggestion is to get down to your county now and work those while you can. We have many of the top tax default investors on our platform, and even though we don't offer those lists, they still use us for those properties, they just have to take the extra step of adding the properties to a List. We find people do this even when they subscribe to another product to get a list.

    Finally, you've mixed some apples and oranges. Data Tree would be more comparable to Corelogic's Real Quest (property information, then Listsource (property lists). We're kind of a combo of the two property information and lists, plus people data (phone, email, demographics, social profiles), etc. That last bit, we really stand alone on, vs the big 3 (and others).

    Hope that helps.

    0Reply
  • Marc Afzal
    Napa, CA · Member since 2018 · 23 posts · 4 votes
    7y

    @Sean OToole I appreciate the info, thank you! 

    1Reply
  • Marc Afzal
    Napa, CA · Member since 2018 · 23 posts · 4 votes
    7y

    @Sean OToole Hey Sean one more question, how often is PropertyRadar updated to the most updated records? 

    0Reply
  • Sean OToole
    Investor · Truckee, CA · Member since 2013 · 546 posts · 445 votes
    7y

    @Marc Afzal with so many datasources if varies a lot. For trustee sale tracking were making updates every 5-15 minutes the day of sale, at the other end of the spectrum is is full county assessor updates which are typically twice a year, but may be once a year - which is due to the county, rather than us (though we do update owner info upon each transfer, so for important changes it is updated daily). Anyways, feel free to ask our support team if you ever have a question about frequency and timeliness on a specific bit of data.

    0Reply
  • Marc Afzal
    Napa, CA · Member since 2018 · 23 posts · 4 votes
    7y

    @Sean OToole Thank you for response! I definitely will

    0Reply
  • Jake Knight
    Lender · Elk Grove, CA · Member since 2016 · 190 posts · 94 votes
    7y

    @Sean OToole Hi Sean, PR has a vacancy filter? Can I access it through a transfer date search or is it in another area?

    0Reply
  • Sean OToole
    Investor · Truckee, CA · Member since 2013 · 546 posts · 445 votes
    7y

    Hi @Jake Knight, it’s not available in transfer search, use Discover instead. Lots of transfer filters in Discover as well. Discover is replacing all of our older search features and combining them into one. :-)

    1Reply
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