SiteXPro leads seems legit, Buying Leads and cold calling

[Joe Payton]

Friend led me on to this site. Curious how legitimate the leads (Pre-foreclosure, tax-delinquent, & absentee owners) will be. the Salesperson seemed to know what they were talking about. Wanted to get y'all's professional opinion. 

Are these good leads?

What's a better place for buying these types of leads?

Thanks

[Sean OToole]

Seems there is a lot of mis-information out there. :-(

SiteXPro, AgentPro247, etc are Black Knight products. Black Knight is the RE data spinout of Fidelity Title.

Listsource, Real Quest, REISource, etc are Corelogic products. Corelogic is the RE data spinout of First American Title. Corelogic itself is not a "title company". They are also not a "division" of First American, in fact FA is now competing with CL, with products like Data Tree.

Fidelity has a larger market cap then First American.

Black Knight has a larger market cap then Corelogic.

On the last two points I'm not suggesting larger is better, only pointing out that saying ListSource is better then SiteXPro because Corelogic is larger, is completely wrong. Corelogic has the smallest market cap of the entire group.

These are the big billion dollar players, but these providers, and all the other providers, get their data from the same place, in much the same manner. It's also an incestuous industry so there is a lot of sharing of data, abstracters, etc.

Where things DO vary a lot is in how the providers clean up the data, present the data, and the business model by which they sell the data. You can also find big differences at the individual county level, where different providers put different levels of effort into cleaning up crappy data from specific counties.

Bottom line: Anybody who says XYZ is "best", who hasn't done extensive testing of all the providers, for your specific needs, in your specific county, is giving you bad advice. Try everything, compare them to each other, back test them against the facts you know (or the county records directly), see which you like using the best, and see whose price offers the best value to you.