BP Featured Agent Program

[Bill Schrimpf]

Are there any other agents or investors using the Featured Agent program?  What are your thoughts?  I looked into it, and its disappointing.  Maybe your experience was good, and I would like to hear about it.

It's disappointing that BP has taken this very EXPENSIVE approach to selling leads, like the other bottom feeders in the industry that sell leads. As agents, we know who they are!

I had to BEG for a BP sales person to actually call me and give me something more than an elevator pitch.  When I started asking specific and perhaps challenging questions about the contract, the sales people disappeared.  Not a good look.

I expect better from Bigger Pockets.  BP started as an antithesis to the guru real estate investing industry.  Featured Agent seems to be a step in the wrong direction.

Maybe some other agents like the program, I would like to heard from you.

I've been a pro member since 2017 and an enjoying the podcast content since the @Joshua Dorkin and  @brandon Turner days.  Most of the changes in BP over the years has been well-thought-out and executed, bringing benefits to me as a small-time investor and realtor.   Featured Agent seems to go against that positive track record.  

I'm loving On the Market with @Dave Meyer

[Nate Shields]

Howdy ya'll! @Bill Schrimpf, thank you for the feedback. The featured agent program is still in its infancy and we are constantly improving our processes to make both the BiggerPockets investors and featured agents as successful as we can. To give a little context, the reason we started the program was because the community asked for it. With 2.4 Million members it was becoming increasingly difficult to connect with people and the first people the community wanted to be connected with in a simple and easy way were investor-friendly agents. Nearly a year later, we have over 700 featured agents in several hundred markets. 

Paid leads are not for everyone to be sure. It has to fit with your business model and budget. When I first started out as an agent, I had to pay for leads because I was newly licensed and had just moved to a new city. I knew no one. Once I found BiggerPockets, and investing, I found that I preferred working with investors much more. The way I did it back then still works today. I set up my keyword alerts, spent time adding value in the forums, and started my own meetup. That being said, if the program existed back then, I definitely would have used it.

The featured agent program is a "shortcut" to get in front of high-intent leads straight from the BiggerPockets community. Will an agent close 25/25 leads? No. Most of our agents are doing quite well with the program and continue to purchase bundles of leads. 85% of the featured agents that have been with us since last year are still with us. For those agents on the fence about it, I would say try a bundle and see what kind of ROI you get from it. At the end of the day, the BiggerPockets community just wants to do business with other members of BiggerPockets. Let's help each other out, whatever that may look like!