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All Forum Posts by: Dan Barrett

Dan Barrett has started 3 posts and replied 53 times.

Post: What are Motivated seller leads?

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50

@John Chin basically hit the nail on the head.

I don't think you can discount the impact of laziness, either. We'll be selling our home in a year or so, and it's perfectly fine, up-kept, good neighborhood, etc - but I'm tempted to sell to an investor just to avoid doing paper work. :-)

Post: For those who have flipped houses, where did you find them?

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50

@Dev Horn is absolutely right. PPC is fantastic and flexible - set your budget, your target market, etc.

Post: Howdy from an AdWords nerd!

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50
Originally posted by @Account Closed:

@Dan Barrett welcome! Adwords is something I never mastered. Are you looking to get into real estate?

 Oh, no - I let my clients do the investing. :-) I'm an online marketing guy.

All of my clients are investors, however, so I'm always trying to learn more about the marketing and what works/what doesnt.

Post: side hustler from NY

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50
Originally posted by @Paul Kogan:
Originally posted by @Dan Barrett:

welcome @Paul Kogan! wish you the best. Absolutely, as @Samuel Awosolu mentioned, any sort of digital background is a huge help in this industry. :-)

 Thanks Dan. Can you elaborate a bit on how digital experience would be helpful in the RE business?

 In my opinion, any online marketing channel is incredibly valuable for motivated seller lead gen.

I'm partial to PPC, since it's incredibly objective, fast, and open to evolution/incremental improvement over time that increases ROI.

SEO, while taking time to get going, still has the highest overall ROI of nearly any kind of marketing you can do.

Both together give you an incredibly flexible marketing model that can easily be applied to multiple markets.

Basically, REI boils down to lead generation - generate enough leads at a low enough cost and you will generate a consistent flow of deals. Many investors get turned off by online marketing because it's, admittedly, a bit technical and can be hard to master. That means that online channels overall tend to have lower competition.

Just my two cents!

Post: side hustler from NY

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50

welcome @Paul Kogan! wish you the best. Absolutely, as @Samuel Awosolu mentioned, any sort of digital background is a huge help in this industry. :-)

Post: VA suggestions for SEO!?

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50

@Major Robertson has it exactly right - although some VAs are skilled in SEO, for the vast majority it will be too technical/involved of a process for a VA to do well.

You have a few options:

- You could hire an agency/a dedicated SEO freelancer. Costs will vary, as will performance, just like in any field!

- You could purchase an SEO course/coaching package and run a non-technical VA/an employee through it, essentially training up an "in-house" SEO person.

- You could study SEO yourself, then break it down into discrete, non-technical tasks for a VA (for example, after you post a blog article, having a VA syndicate that article to multiple sites or run it through an SEO plugin like Yoast).

All of these have different pluses and minuses, but here's one final word of caution: while good SEO can help you, bad SEO can HURT you - a lot. Go with a source that's highly reviewed and trusted in any scenario!

Hope that helps. :-)

Post: Lead Propeller Actual Leads

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50

Hello all!

I thought I would pop into this thread - SUPER fascinating discussion - to share my experiences with @Trevor Mauch and Carrot, specifically in terms of conversion rate.

This is our monthly, agency-wide conversion rate data. It includes trial clients (who start up free in their first month to test their markets), existing, long-term clients, as well as any existing landing page data from before we began working with clients (assuming they had conversion codes in place), for all keywords, over all time.

It's worth noting, to answer @Sean Dolan's valid point about brand terms above, that this is from adwords traffic, including all match types, with almost no brand-specific search queries (which are incredibly low volume). Over the course of a year this accounts for tens of thousands of clicks, hundreds of conversions, etc.

("Landing page engine" above are specific design tests we're doing in-house; "other landing pages" is specific anything non-carrot, including custom sites.)

We have yet to find anything available out-of-the-box that converts better than Carrot - and believe me, I looked. I'm a designer by trade, and I have always thought Carrot sites were pretty ugly...but the fact is, these types of sites simply convert better and perform better than the average wordpress template (typically, I think, because those templates actually look too polished/corporate, though that's just a theory).

Post: Magazine / Small Print Ads for Motivated Sellers - Does It Work?

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50

I suppose, like in all things, it just depends on how well-targeted the publication is, and how cheap the leads come in.

You could always use an ad-specific landing page and a callrail number to track your specific return on that ad; might as well test it for a month or two and see how the cost per lead compares to AdWords or SEO.

Post: I'm Answering AdWords questions on YouTube - Got any?

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50

Hey everyone!

I'm in the midst of making a video series answering frequently asked questions about AdWords for REI, and I'd love some feedback.

If you have a question, or something you're wondering about, let me know and I'll make a video for you!

If you'd like to see some of my other videos, here's one explaining my formula for helping real estate investors determine their starting budget in AdWords. :-)

If you dig it, I'd love a "thumbs up" on YouTube - it helps people find the video!

Post: How good is a website for generating leads?

Dan BarrettPosted
  • Vendor
  • Middlefield, CT
  • Posts 55
  • Votes 50
Originally posted by @Matt M.:

FORGET your website; FORGET SEO. You will never out rank the likes of zillow, realtor.com, estately, the local big hitters, etc, etc. It is a waste of money. 

Get a basic site like I have with Weebly. Work your sphere, door knock, target fsbos, etc.(The basics) Hopefully you have an app you can give people to search for homes. If not, hopefully your MLS has this feature, and sign them up. Sign them up to get sold homes directly in their neighborhood too. Put everyone on your email list, and email them fun stuff each month.

Make sure you have a funnel setup to handle any and all leads coming in. Good Luck!

 I'm so glad it's working with you, but I've had horrible experiences with Weebly - and have gotten paid a lot of money to redesign sites that started on Weebly.

If you want a drag/drop solution, Squarespace is a better service in my opinion. But to each his own! :-)