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Your opinion on buying leads or paying referral fee?

By
Real Estate Agent with Silvercreek Realty Group

We all have been approached with the number of different company's trying to sell us "Exclusive" leads.  But as we all know they may be exclusive for the first 5 minutes if that before being sold to the next person.  Then the wonderful cost starting anywhere from $25-$200 if not more.  Not to mention the close ratio on buying leads is somewhere between 2-8% not very good turn around for your dollar and time.

On the other aspect if another person in another state has a lead and refers it to use and closes we can offer up between 25-35% of referral fee.  Just for producing a lead to you.  Just out of curiosity which would you prefer? How do you feel about internet leads?  Then how do you feel about the referral fee?

 

Thanks!

 

Have a blessed day!

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