House Values

By
Real Estate Agent with Coldwell Banker Gundaker
Recently I was contact by one of their representatives trying to get me to sign up for their program.  It seems that the program can be successful if you are willing to commit to it for several years.  I would appreciate getting feedback from others regarding their success or lack of success.  They offered me 6 leads per month for approx. $300/mo...one year contract.


close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
65,048
Barry Shapiro
Broker-Associate - Camarillo, CA
What will you do when they close their doors and go out of business?  Don't fall for it!  Ask to see their financials first....
Oct 07, 2007 03:41 PM #1
Rainer
68,098
Leigh Bates
Atlantic & Pacific Real Estate - Flower Mound, TX
The Trinity Group
I've been with them for 2 years. The first year it more than paid for itself. This past year - not as great. What I will say, is it was a great tool for me to learn how to continuously lead generate, and I've found my own resources to help me do the same. I recently cancelled my subscription - and it couldn't have come a day too soon. I have another lead source that I like and I pay per lead - no contract. That would be my advice - don't do anything where you have to sign a contract - especially a year!
Oct 07, 2007 03:47 PM #2
Rainer
73,697
Mohamed Mekhimar - Accredited Buyers Rep , E-Pro - Richmond Virginia Real Estate
RE/MAX Commonwealth - Richmond, VA
I've been with them for one year now, closed 2 transactions paid for the whole year. I liked the Market leader system. and their training. I will continue with them for now.
Oct 07, 2007 04:09 PM #3
Rainer
3,063
Brian Coe
TradeMark Properties, Inc. - Saint Simons Island, GA

Just had to post.  In this market, we all know that anything helps, but I can tell you that of those 6 leads, you may talk to one or two on the phone.  I have worked for a major developer with thousands of leads per month.  Here are the real numbers.  Internet leads will turn into an appointment 1 in 50 leads.  Compare that to phone calls where the average is 1 in 4 leads.  By the way, to turn that into sales numbers....that means you will get one appointment every 9 months, if you have a close percentage of 75% even on listings, you will get maybe one listing this year.  

I tried House Values because I got in on a special for 50.00 per month, and it was not even worth that.  Never talked to a single client.  

Oct 07, 2007 04:14 PM #4
Rainer
19,956
Membership Cancelled
Pullman, WA
I turned them down on numerous occasions, but signed after a friend  went to work for them. I was promised the world, but thought that even if the system produced 20% of what he claimed, it would be well worth it. We followed the system and closed ZERO  deals. It was a waste of money, so I paid to get out. It really affected our friendship. I was with them for a total of nine months.  Beware of the buy-out!
Oct 07, 2007 04:20 PM #5
Rainmaker
638,551
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs
Buyer beware, who had the leads last in your area? Why did they give up this great system? You are not likley the first. Handing out cards at the mall may get you more business.
Oct 07, 2007 04:51 PM #6
Rainer
105,517
Brady Pevehouse
RE/MAX Downtown - Orlando, FL
Your Orlando Real Estate Professional

Been there done that........

All of the leads that I recieved were late night television watchers who just finished watching the get rich in Real Estate with no money out of pocket.

I am all for helping investors, but HV never produced 1 viable prospect in 6 months I was with them.

Oct 07, 2007 04:55 PM #7
Rainer
188,704
Laurie Manny
Long Beach CA Real Estate - Long Beach, CA
They are a nightmare!  Put House Values into the search on Active Rain, Read what others have experienced and said.  This is a constant source of conversation.  
Oct 07, 2007 06:42 PM #8
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
4,569

Ronald Gorman

Ask me a question
*
*
*
*
Spam prevention

Additional Information