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Updated almost 2 years ago,
Large Marketing Spend Yet Few Motivated Leads
Hi All,
My partner and I have been actively marketing for three months now with a ~$3000/mon spend just on marketing. I've wholesaled previously and closed 10+ deals, as well as done flips and rentals. For the quantity of leads we're hitting, we aren't getting expected results in terms of motivated sellers. What would those wiser than I recommend we try to drive lead gen?
We use SMS blasts and colds calls with 80% of leads coming from texts. We hit both generic propstream lists (absentee, vacant, etc) and public data (code violations, evictions, tax late). We've averaging ~5000+ unique contacts a week and generating ~20 "leads" per week. Yet still only getting roughly 1 contract per month. Thanks in advance for any advice.