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Updated over 5 years ago on . Most recent reply

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Alexia N.
  • Developer
  • .
17
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ARE THESE LEADS THAT I PURCHASED A RIPOFF ?!?!

Alexia N.
  • Developer
  • .
Posted

Hello! I'm a NEWBIE to wholesaling so please don't judge. I'm trying it out for the first time. I just bought 109 absentee owner leads for $50 on Melissadata.com/direct (January 1, 2020). & I'm using a website called Podio.com to keep track of all of my leads. As of now, I'm googling the lead's home addresses so I can see what the homes looks like, bedrooms, baths, sqft, etc. So I just click on the top 2 websites on google which is normally HAR.com & Zillow.com ... And every time I click on these 2 websites with my lead's homes on it, it literally says "Currently Not For Sale" & "Off Market". So far every home that i've googled on my lead list says that. 

So my question is:

If I google the homes of all 109 absentee owner leads that I have, if it turns out that they all say "Currently Not For Sale" & "Off Market" ... Does that mean that I basically wasted my money on these leads & that they are no good?

(I'M JUST WONDERING BECAUSE I WOULD'NT WANT TO WASTE MY TIME ON LEADS LIKE THIS IF ITS GOING TO BE COMPLETELY POINTLESS)

Most Popular Reply

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Lydia R.#4 Wholesaling Contributor
  • Wholesaler
  • Austin TX
2,139
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Lydia R.#4 Wholesaling Contributor
  • Wholesaler
  • Austin TX
Replied

@Alexia Ned-Sowell I would suggest you spend a little more time actually researching what you are doing before you start doing it. You definitely shouldnt be buying leads if you dont even know that you want properties that arent for sale. I have seen so many new wholesalers fail because they dont really know what they are doing. Take the time and understand what wholesaling actually is. Learn how to run comps (MLS not Zillow), find some good contractors, build a buyers list etc. you are putting the cart way before the horse. Take the time to learn and understand what you are doing. Ive been wholesaling full time for 6 years, thats the best advice I can give you.

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