All Forum Posts by: Jeff Weissman

Yes. Lead capture from a landing page.

What luck? With which provider(s)? Cost?

I've been purchasing buyer leads for 3 years w/ good success, great ROI. Now thinking about doing same for seller leads. Got a call from Market Leader which strikes me as a bit pricey (one high end local zip code quoted @ $52/lead/mo., they'll guarantee 11/mo. for a total of $621/mo. including a required fee for CRM). 6-month minimum means a fairly significant cost for what amounts to an experiment.

Hoping to shed some light with your help on the likelihood of success with this source. Thanks for any replies!

You seem quite serious about this...I'm wondering whether you're looking for a house to live in or as an investment? Strongly suggest you get yourself an agent to represent you. Costs you nothing, increases your odds of success. He or she will answer all your questions, feed you potential listings, negotiate your offers, keep you out of trouble, help you protect your deposit, explain seller disclosures etc., etc.

@Josh Dorkin, how about it? A "Referral Exchange" would be great! I sometimes need a good agent out of my area for a client who is moving, or I get a request from one of my colleagues looking for a good agent in XYZ City. I, too, have taken referrals, closed deals, sent a nice referral fee back to the originating agent. Would love more of this action!

@J Martin May I email you a spreadsheet on that Fairfax 4plex? I'd love to hear your reaction.

I hope to attend. It's "Grandparents' Day" at my granddaughter's Kindergarten in SF, so timing might be an issue, but I'll do my best--I'd love to see you all & continue some conversations begun last time.

I see & hear so many of you hankering for "off market" listings, which in my area anyway are few & far between, but what I wonder about is how many good MLS deals you're letting pass by while you wait--all the while prices are going up (Oakland + 30% year over year 2013, for example) and more importantly, so is after-repair resale value. Not to mention, who knows how much longer inventory will stay at historic lows, along with interest rates, making a move-in ready house so very attractive to the many, many buyers now engaging in multiple offer situations. Textbook "penny wise, pound foolish" approach. My advice: look at traditional MLS listings, too, and work with an investor-minded Realtor.

I'm very, very happy with Better Homes/Mason-McDuffie, especially because my office, the Berkeley Regional Office located in North Berkeley, is just full of friendly, expert, supportive, generous agents. Corporate is rolling out a state-of-the-art CRM/agent website/back office solution that's pretty exciting, too.

I believe there is no substitute for working with a Realtor who can pull accurate, real Comps off the MLS, then weed through them for those that I call 'true' COMPS--sales that are recent (within 6 months), nearby (within .5 mi. & inside an expertly drawn neighborhood polygon), size appropriate (+/- 10% sf and similar lot size), age appropriate (similar construction date), and condition appropriate (they've been remodeled/rehabbed). Furthermore, only a Realtor who is active and 'up' on current market trends can properly factor in Pending COMPS, contact Listing Agents for information about the current contract and apply some information-based predictive pricing strategies to the ultimate estimate of ARV.

It's not just simply a matter of looking on Redfin or Zillow or Realtor.com for their magic number. That is a sure fire way to get yourself in trouble.

In State / Out of State?

Not actively investing right now, but managing previous investments & helping local investors find, analyze, & acquire target properties.

Strategy?
Personally, my investments are buy/hold, but most of my investor clients are flippers.

Type of properties?
Personally, I hold duplex, townhouse, and 4-plex properties. For my local investors, it's usually SFR's.

Looking for?
Wholesalers to bring off-market properties in the East Bay and investors looking for MLS access & assistance w/ ppty evaluation & acquisition.

Can offer / knowledgeable about?
Full Realtor services to purchase or sell property; COMPS & CMA's. I am a BHG/MM Top Producer, Top 20 Agent company-wide, Zillow 5-Star Premier Agent, Local Area Specialist .

I agree. Being an investor myself gives me a perspective of great value to my investor clients. Hoping some exposure on BP will connect me with wholesalers looking for cash buyers! No commission on the sale required.