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Fine, Bob, I'll Join Your Fave 5 - Trying Out the new GrowthLeader Product

By
Real Estate Agent with Homesmart

 

Typically when Bob Stewart calls, I usually either screen it or pretend he reached an Asian laundromat.  I demand payment for the drycleaning, he swears at me, I threaten to call the police, he swears at me, I shout unintelligible Mandarin obscenities and he hangs up on me.  It’s a hoot.

For some reason or another, I took the call from the 425 last week in normal persona (granted, I use the term “normal” loosely). 

The one-time Active Rain community builder turned paid vacationer wanted to know if I would be willing to take part in a grand experiment to colonize the moon with sea monkeys.  It sounded cool, but I just put in a winter lawn that needs my attention and I don’t like the piped-in muzak they play on the shuttle.  Fortunately, he had an even more staggering proposal as Option B: 

Test out the new “Growth Leader” product from HouseValues.Com.

I couldn’t possibly turn it down. 

Why, you ask?

Not that my personal decision making is any of your business, but it sounded like it had some real lead-generation potential.  I have never worked with a lead-generation service and typically prefer to find my own clients, but given the current state of the market, I am amenable to trying new avenues.  As one who has always relied most heavily on repeat and referral business, I originally jumped into blogging and internet marketing as more of a lark than anything.  Now that we have to work twice as hard to drum up half the leads, I am plunging into darn near any dark alley where I hear a guy in an overcoat say, “Psst!”

Growth Leader is intriguing.  It is a personalized website tailored to an agent’s individual market.  The geeks behind the technology have SEO pretty well wired, and the site is sticky as all get-out.  In the coming weeks, I’ll relate my experiences with the product, and I’ll give it to you straight.  It features some pretty trick ability to track exactly what prospects are doing on your site along with a killer lead follow-up protocol.  I haven’t been playing with the site long enough to provide much analysis yet, but that will follow.  I will say that I've averaged nearly one registered prospect per day since I was set up, and it required absolutely no effort from me.  Phase 2 will be to track the conversion success rate.  All in all, I'm impressed to this point.

For a peak at what the site created for me looks like, you can see it here.

In a buyerless market, such as we currently have here in Phoenix, I would go to the ends of the earth for viable prospects.  Fortunately, I only have to open my laptop.

For the good, bad and ugly of my experiences, come on back.  I’m guessing I’m not part of the control group ;)

I swear to God, though, Bob, if you gave me a placebo, I’m going to burn this joint down.

 

 



Comments(47)

Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Paul, you and Jason Crouch are my guinea pigs on this one. I was a decliner. Let me know how it works out for you. HouseValues was an annoying Realtor to me before I was in the business and never thought much of them and their newsletter. It was too canned and didn't fit my own style.

Nov 08, 2008 06:40 AM
Amanda Evans
DFW Living - Fort Worth, TX
Real Estate Broker - Fort Worth Texas

Does anybody else smell smoke? 

I think Paul is playing with matches again.

Nov 08, 2008 07:40 AM
William Johnson
Retired - La Jolla, CA
Retired

Hi Paul, My paperwork is going on Monday but was delighted to see what is in store for us. I like what was done and it should be interesting to see the type of leads we get.

Nov 08, 2008 03:22 PM
Julie Chapman
Julie Chapman Broker - Ormond Beach, FL
Daytona Beach Shores, Florida

Paul,

Bob called you....they just had House Values call me.....what does that say exactly.....

Nov 09, 2008 01:24 AM
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

Julie - I actually prefer "endearingly unstable."

Debe - Don't take it personally.  As evidenced by the selectees, they are trying to corner the freakshow market.  The right tool for the right job ;)

Gary - We'll see if the new product turns that frown upside down.  I enter the experiment with no negative nor positive history, so my reports will be untinged with preconceived expectation.  Hoping for success.

Mandy -  Beats rubbing two sticks together.  Homey don't play that.

William - Considering some of the prospects I have found sitting next to me in the car the past several months, any lead is a good lead at this point.  Have a predisposition to bouncing checks and regalling your company with stories of your frisky kitty for hours on end?  By all means, let's go house shopping!

Julie - Sounds like House Values is crazy as defined by the transitive property.

 

Nov 09, 2008 01:37 AM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Lol........hmm a placebo eh?..:-) Unfortunately yours isn't the only buyerless market.......definitely will be checking in to see the amazing flow of buyers that i'm sure is about to occur...........shortly....;)

Nov 10, 2008 04:33 AM
Jennifer Lew
DocuSign, Inc. - Seattle, WA

Paul - I love your wonderful sense of humor!  And somehow your blog snuck past me. I'd meant to be the first person reading your blog!  Thank you for sharing your thoughts around Growth Leader, and also for giving it the opportunity to help you grow and manage your business.  Hope you have a blast with it!  Let us know if you need anything.

Nov 12, 2008 03:08 AM
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

Liz - The buyers are throwing themselves at my car on my way to the office now!  I'm telling you, they are falling from the sky!  Just yesterday, one materialized in my living room like the Terminator!  I didn't even question why he was stark naked.  Who needs pants?  He's prequalified!

Okay, now that I have that out of my system, I must confess that I am attracting consistent leads thus far.  We'll see how they pan out.

 

Jennifer - Excellent timing!  Got another lead this morning, and it holds the most promise to date.  Honest to goodness dialogue with this one.  I appreciate all of the help you guys have provided in getting the hang of this, and I'm looking forward to favorable progress reports going forward.  That would be to everyone's benefit.

Nov 12, 2008 03:59 AM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

You make me laugh....I'd love a stark naked guy in my lvgrm.........but I'd definitely have to qualify him...lol

Are those them guys who call every week and say for a mere $99 they will give you a prequalified lead?  And then you can buy your area....and if your area is gone they try to sell you the one 2 hrs away? :-)

Nov 12, 2008 09:52 AM
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

Slightly different protocol on this one, Liz.  You don't pay by the lead, but by the month.  Not cheap either at approx $400-500/month, so you need to make some serious hay with the leads that roll in.  You're right that you get to "claim" a particular area. 

As far as the prequalification process, should I even ask?

Nov 12, 2008 10:39 AM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Hmmm interesting - so if you took your hard copy advertising budget-if anyone even has one anymore.........and placed it into that type of lead generation..........the costs would no doubt not be higher..........but I'd say the rate of return on that dollar might just be better...........we shall be watching............and counting on you to be our unbiases reporter on the beat!

As for the prequalification process.....there would definitely have to be comparative market analysis....a serious review of the stats.......perhaps a photo review....and an update on any 'improvements' made............perhaps later some contractual terms...;-)

Nov 12, 2008 11:04 AM
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

Thorough, Liz.  Thorough ;)

Nov 12, 2008 11:13 AM
Anonymous
Not Yet Licensed

 For a peak at what the site created for me looks like, you can see it here.

Good evening Paul,

It looks interesting.  However, I was rather surprised to find a $7,500 timeshare at the top of the list when I clicked on the North Scottsdale link. 

How long is your free test drive?

Respectfully,

Bruce

Nov 12, 2008 12:41 PM
#40
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

Bruce - So you think the timeshare should be more mid-page? ;)

I think the length of the animal trial is dependent upon the performance of the specimen.  I'm told it can be anywhere from one month to six.  It may vary from user to user.  Not tied to the tone of the review, I trust, but the time and effort put into it.  If we rhesus monkeys find success, you can bet that it will be loosed upon humankind in the not so distant future.

Looking for a great deal on a timeshare?  Have I got a deal for you!

Nov 12, 2008 12:55 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Found this statement after leaving the registration page: "However, we are required to collect your name and email to give you access to view the MLS." Never heard of that 'requirement' before. Going to take a look at Market Leader's site and compare with 1 Parkplace.

Nov 12, 2008 01:14 PM
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

John - I would hazard it is not a requirement of the MLS, but rather the site itself.  Certainly their perogative to require such.  Frankly, it's proven pretty effective thus far.  I'm sure the demand will turn some prospects off, but it does help separate the men from the boys, as it were.

Nov 12, 2008 02:38 PM
Anonymous
Not Yet Licensed

Looking for a great deal on a timeshare?  Have I got a deal for you!

LOL

No thanks!  We just bought one in Orlando.  Why melt in the heat of Arizona when we can melt in the humidity of Florida.  :)

Nov 12, 2008 03:52 PM
#44
D B
Quakertown, PA
e-PRO, Realtor - Bucks County PA - 610-952-3578

WOW!  What a good post.  I received that call from Bob the Man as well.  I have signed up.  You will be hearing more from me.

Don Bradbury

Dec 13, 2008 12:10 AM
Anonymous
GenX

I finally finished "The Open."  The story was awesome, and the ended was priceless.  I couldn't comment on the actual posts because they were members only, so I chose a random older post to congratulate you on your brilliance.  I see that another story has been done now.  Hopefully, I'll get to that one by the summer!  Talk to you soon.

Jan 04, 2009 12:52 AM
#46
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

GenX, good to see you.  Lately, it's been too much Generation Y around my house.  "Y are you doing that, Daddy?" "Y not?"  "Y I not go outside?" "Y, Y, Y ..."  An arctic blast of Gen X indifference and apathy is just what the doctor ordered.

Thanks for reading it all the way through, boss.  No small feat for that "short" story.  Talk at you soon.

Jan 04, 2009 01:26 AM