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Updated about 5 years ago, 09/04/2019

User Stats

43
Posts
3
Votes
Phillip Vincent
  • Specialist
  • Chesterfield, MO
3
Votes |
43
Posts

How much is a good home seller lead worth?

Phillip Vincent
  • Specialist
  • Chesterfield, MO
Posted

You buy leads ? How much are they worthto you?

User Stats

172
Posts
126
Votes
Jon Schoeller
  • Flipper/Rehabber
  • Charleston, WV
126
Votes |
172
Posts
Jon Schoeller
  • Flipper/Rehabber
  • Charleston, WV
Replied

There are so many variables to this question. Where are you located? What is the average profit per lead? How hot/cold are the leads? Your level of experience? Quality of presentation? 

Examples: 

If someone is just going to send me photos of For Sale by Owner signs and do 0 footwork, the lead is worth around 500 dollars IF we buy it. 

If someone is going to send me a completed investor pitch form with tons of details, already spoken with the seller, and they are all but ready to close (essentially a wholesale) the number is pretty much infinite. I would pay 1 million dollars for a lead that was all but closed that fetched 5M profit. Hope that makes sense.