Motivated Seller Leads?

[Lou Croce]

Has anyone had any success with buying motivated seller leads or buying into a website that produces them for you?

[Shaun Greer]

I am pretty amazed at the posting on this thread about internet leads. I would consider myself an expert on internet leads, but only because of experience. I have found internet leads to be the best leads I can find.

Here are a few reasons I choose to use a website targeting motivated sellers as my number one lead generation source.

[list]1. It works 24/7. I have found that many of my motivated sellers complete my on-line seller form late at night or early in the morning, when I am not working.
2. You can target your local area. Your target area can be as large as a state or as small as a neighborhood.
3. One of the greatest benefits of websites that generate motivated seller leads…it is very inexpensive to generate leads.
4. Another great benefit of generating motivated seller leads from a website; some times you are the only person the motivated seller contacts to receive an offer on their house. Simple law of supply and demand. If the motivated seller is only receiving an offer from you, you will get a great price for the house. [/list:u]

Here are some tips if you want to use a website to attract motivated seller or buyer leads.
I would recommend using a website that is already set up. For one it saves time, you can have a website up and running in less than 24hrs. Perhaps the largest reason is because you need a website that is built correctly. By built correctly I am referring to SEO (search engine optimization), and the website programming. I too often see people trying to build a site by themselves and compete with highly optimized websites. Unless you make it your job to create a great website, you will always be behind your competition.

The things you need to watch out for are the price you pay and how leads are distributed. When I started getting leads from the internet I was paying over $2,000/month for the leads in my area. Granted I was signed up for multiple websites, but still that is a lot of money. I quickly found out that some websites are just out to get rich off of other people. and others are very over priced. If you are signing up for a website make sure the leads in your area are only distributed to you. I also would not sign up for any website that charges a sign-up fee.

P.S.
If you want to get started buying houses and you do not want to sign up for a monthly fee. Sign up for a free account at multiple lead broker sites. Then when you see a lead you like purchase the individual lead. This is how it all started for me. My 1st lead cost me $35. I was the only person the motivated seller was contacted by. I made over $15,000 off of that lead by flipping the house. That is why I like internet leads so much.

I hope this helps anyone looking to generate motivated seller leads by way of the internet

Happy investing
Thanks,