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Updated about 9 years ago on . Most recent reply
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Getting started and looking for the best lead source.
We are getting ready to 'buy a list' and are looking for your input.
Looking at rebogateway, list source, lead source, realty trac....... any other? best results? best cost? rebo is a monthly fee and the others seem to be for a specific list but can't see pricing....
Looking forward to hearing from you!
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- Lender
- Greater LA/Orange County area, CA
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Given that this topic is probably asked no less than 50 tines daily, you are asking the same thing that is posted elsewhere on BP forums.
I suggest you focus more on the fundamentals of real estate then what makes a deal for you or your buyer.
Once you know what makes a deal, look for obviously motivated sellers, especially mortgage defaults with equity.
Don't worry about who's list is best. You'll find out by testing which data vendor provides it in a format that is most useful to you and proves most productive.
I started working Foreclosures in 1978. That never fails to produce a seller who wishes to salvage something from their equity.
I'd much rather have a small lead list of properties with owners who have multiple issues to trigger a seller becoming fully cooperative and sweetly reasonable than a giant list of thousands that I must spend money marketing to before vetting later.
If possible, learn to segment and spend greater time focusing on well-qualified leads and don't give up because your competition hopes that you will quit.