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Updated over 5 years ago on . Most recent reply
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CNBC featured the newest strategy we’ve used to source 2200 leads
Thought this might serve as some inspiration/motivation for investors who are struggling to remain competitive or source leads in a crowded market.
Our CEO joined CNBC today for a segment and story on what we are calling the National Home Team Deal Finders Network (https://www.nationalhometeam.com/deal-finders-network/).
Basically, we are recruiting Uber/Lyft/DoorDash drivers to scout potential leads for us. They submit properties they run across through an app, and if we close the deal, they get paid $500.
This is one of the strategies we are using to source deals in the 20+ markets in which we are active. And it’s working really well. So far, we have about 150 drivers signed up who have submitted 2200 leads collectively. We close 1 deal for every 150-180 leads submitted. We plan on a huge expansion of the Deal Finders Network in the coming months - and we plan on closing many, many more deals because of it!
CNBC article and segment can be found here (https://www.cnbc.com/2019/06/07/home-flippers-hire-uber-lyft-drivers-to-find-edge-in-housing-market.html)
What are some of the strategies and innovations you’re using as the market gets more crowded?