Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Michael Mahbobian

Michael Mahbobian has started 4 posts and replied 6 times.

My company, offmarketleads.com, specializes in generating phone-screened seller leads throughout the U.S. We're the only company that guarantees contact with the homeowner and guarantees a below-market asking price, or your money back. For Nationwide Clients, we can even guarantee an initial asking price that's at least 20% below Zillow/Redfin. This is a pay-per-lead program, with no upfront costs or monthly requirements. We're looking for seasoned investors to join our platform. Contact me to learn more!

Post: Off-Market Seller Leads ($350.00/Lead)

Michael MahbobianPosted
  • Posts 13
  • Votes 5

My company, offmarketleads.com, specializes in generating exclusive, off-market, seller leads for investors and agents nationwide. Each homeowner is phone-screened and primed to receive a callback from either a real estate investor or agent. We offer two products: 

1. Motivated Seller Leads: Designed for experienced investors looking for below-market deals. We guarantee contact with the homeowner and guarantee a below-market asking price or your money back. After our phone-qualification process, the homeowner is told that they will receive a callback from a local homebuyer within the next 24 hours.

2. Realtor Listing Leads: Designed for realtors looking to sign more listings. We guarantee contact with the homeowner and guarantee that they are interested in having a consultation with a realtor, to discuss listing their home. After our phone-qualification process, the homeowner is told that they will receive a callback from a local realtor within the next 24 hours. 

We can geo-target by county, and guarantee contact with the homeowner, or your money back. There are no monthly or annual commitments. Our platform is designed for experienced investors or agents, with the capacity to take on at least 15 leads / month. 


For more information, visit us at www.offmarketleads.com or call us at (888)-680-1954

@Bruce Lynn

Great questions. Our motivated seller leads go through a 2-step process: (1) they enter our digital funnel and fill out a form to be contacted about receiving a cash offer; (2) we then phone-screen the homeowner to extract additional information. We obtain name, email, property address, selling timeline, motivation, notes on recent remodels, necessary repairs, general backstory, and asking price. We will make a judgment call as to whether this is a true "motivated" seller, and will only send the lead if their initial asking price is below market value (at very minimum, 10% below Propstream, ZEstimate, and Redfin, though we aim to provide deals with much more meat on the bone). These are people who are ready to sell -- not "looky-loos" just curious about their home valuation (or your money back). 

Why not wholesale: Our goal is to create a premium lead product, not become high-volume wholesalers. Sure, we can enter the market and wholesale deals at any time, but it is not our objective with OffMarketLeads.com. Frankly, there are a lot of junk leads on the market, and the only way to prove our product is, in fact, to leave money on the table for our investors. 

My partners and I started a company that specializes in generating motivated-seller leads for investors. We're interested in hearing investors' opinions and experiences, as far as using pay-per-lead as a way to supplement their deal pipeline (including success stories, negative experiences, recommended companies, pros, cons, etc.). What would the "ideal" lead product look like for you? Thanks!

@Nicholas L., we regularly get homeowners on the phone that are highly motivated to sell, and who verbally agree to a price that's well below-market value, in exchange for a fast close. The lead would then be tee'd up to the lead buyer, who already knows the seller's asking price going into the conversation. If, of course, the seller changed their mind about selling during the short hand-off window, we'd refund the lead. 

No lead-generation company that I know of has ever made this strong of a guarantee because it's so costly to generate such as a hot lead -- they tend to sell a "mixed bag" of untouched web form leads, that are just good enough, on average.

Just trying to gauge investor demand here

Hi Everyone, 

This year, I started an off-market real estate lead-generation company, which generates thousands of off-market seller leads each month, through a variety of digital marketing campaigns. We supply leads to investor networks and lead-generation companies that you may have heard of. Up until recently, we've only been generating real-time web form leads. 

Soon, we'll be launching a "direct-to-investor" lead product, where the leads are phone-screened. We're trying to gauge investor demand before going live. At this time, nearly all of the pay-per-lead companies are selling web form submissions. Our goal is to create a "premium" product above a mere form lead, where we actually screen the homeowner, and guarantee that they will entertain a below-market offer -- in other words, to deliver ready "deals" instead of "leads." 

What would a lead like this be worth to you, assuming all of these data points and guarantees? What other information would you want in an off-market lead? 

1. Phone-Screened (i.e., we actually call-qualify the homeowner to ensure motivation to sell)

2. Exclusive (not re-sold to multiple investors) 

3. Seller's Asking Price Provided

4. Property Address (SFR or condo/townhome - no mobile homes/vacant land)

5. Valid Email Address 

6. Valid Phone Number

7. Selling Timeline

8. Notes on Condition of Home and Building Components (e.g., age of roof, HVAC, water heater, and notes on renovation needs) 

9. Reason For Selling

10. Off-Market Guarantee

11. Guarantee that the Seller will entertain an offer of at least 10% below market value (such as a Propstream / ZEstimate) 

Any feedback is much appreciated!