How do you organize and track your leads?

How do you organize and track your leads?

St. Louis, MO · Member since 2013 · 50 posts · 5 votes

One of the harder parts of wholesaling that I dont see people talking about much is keeping track of the leads and knowing who to follow up with and when.

There are often times where someone calls in and you can tell they aren't a deal yet (maybe they aren't motivated enough to sell at the right price, maybe they don't want to sell quite yet, etc). How are you guys keeping track of them?

Do you keep an excel sheet where you type in each person, their situation and when to call?

I usually put a calendar reminder to go off in a month or so to call them but I think it's also very important to have a running list of all the possible future deals. How do you organize your list? And some leads are much warmer than others. Do you do anything to indicate that on your list?

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  • Goshen, KY · Member since 2009 · 835 posts · 683 votes
    13y

    Brian -

    I have done a couple of posts here on the importance of having a database and organizing your leads. You can search through my posts next to my picture on this blog. I use ACT but there is also a free software that I can tell you about. Just send me a message and I will find that for you. In act, I can type notes attached to this contact, and you can even put them into a second group if they are a lead.

    I also use a great big wall calendar. This is imperative! It is the only way you will stay on track.

    Sharon

  • Investor · Nashville, TN · Member since 2009 · 483 posts · 228 votes
    13y

    May I suggest Zoho CRM. I like ACT and have used Freedomsoft but they are waay to expensive. Zoho does the same thing at 12/mo. You just have to set it up the way you want it.

  • Rental Property Investor · San Diego, CA · Member since 2011 · 1k+ posts · 1k+ votes
    13y

    I've used act and zoho, both great.

  • Real Estate Professional · Salt Lake City, UT · Member since 2010 · 608 posts · 163 votes
    13y

    I switched from Excel spreadsheet to ACT! about 18 months ago and really like it. I paid about $500 for a consultant to reduce the learning curve. If you have time I am sure you could figure it out quickly enough. I think I could have continued with Excel for a while longer; however, I wanted to start using CRM software in the early stages before my data base got too large.

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