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Unused Leads Can Be A Profit Center
It doesn't matter how skilled of an investor you are or what business models you're working, the reality is that real estate investing is a numbers game.
For most of my coaching clients across the U.S. the average one is closing 1 out of 10 seller offers that they make. Now, as you get really good and your marketing gets very targeted you can start to see 1 out of 7, but the average is 1 out of 10.
This means, there are 9 people you are going to talk to and make an offer to that are going to say no and choose another option for selling. Usually something more traditional, like doing a FSBO or selling through a Realtor.
Taking the time to establish a relationship with a good Realtor and making an arrangement where they buy your "unused" leads is just smart and profitable business. It's a great way to offset the cost of your marketing especially if you're new and just getting started.
What are you doing with your unused leads? Turn them into a profit center. Read this article to see the opportunity . . .
http://www.inman.com/2014/08/12/1-in-3-agents-and-...
Comments (1)
Very good idea!
Andrew Syrios, over 10 years ago