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Feedback from other agents on 30, 60, 90 day leads
Here is feedback I got from other agents about these leads. Many services sell them as "Pre Foreclosure Notice Leads." Basically, they are people who are behind on their mortgage, but a Lis Pendens or Notice of Default has not been filed yet. The lead sellers claim that you get an awesome result from the leads because you are getting to them before anyone else does. I had my own theories that they wouldn't be very motivated.
Here's what they said about these leads.
From my friend, Rand Newman: "30-60-90 day leads are primarily loan modifications customers and are not interested in speaking to an agent. I have worked these leads for upwards of a year, and with very little help. Sort of like an Open House, an agent got lucky once selling a home during an open house. The same agent has tied up every weekend and tries to host open houses. Will that person get lucky? Occasionally. Is there a better things to do than tie up every single weekend doing a normal open house? You bet your butt there is.
From Todd: "We have worked with 30,60, or 90 day leads list and know other agents that ... more

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