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Updated over 16 years ago on . Most recent reply

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Joseph Lewis
  • MI
0
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8
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Websites that gives you leads?

Joseph Lewis
  • MI
Posted

Has anybody ever used one of these websites that sells you leads to deals on properties? I was wondering if anybody has had success by using one of these sites or is it a scam of some sort.

JCL

Most Popular Reply

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4
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Joshua Weidman
  • Real Estate Investor
  • Philadelphia, PA
1
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4
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Joshua Weidman
  • Real Estate Investor
  • Philadelphia, PA
Replied

I guess I will be the lone dissenter in this chat. I have used 2 lead generation companies. PropertyLeadsNow.com and FastHomeOffers.com. I have had success with both. But like any other marketing source, you get a lot of junk. I would say that about 1 in 30 leads result in an appointment and about 1 in 5 of those result in a sale. At a price of about $30 per lead, that's a cost of around $4500 per sale. My wholesale fees run about $10,000.

It isn't my best lead source by far, but it can be a good supplement. This is just my 2 cents. Take it for what it's worth.

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