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Your Opinion on a Product Reply Inc.

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Real Estate Agent with Team Lorenz

Your Opinion on a Product Reply Inc.

I'm a member on several listserv type products and I'm not sure I've ever seen this type of question brought up before on active rain. I've been approached by a lead generation company called Reply Inc. wanting to sell me leads. My basic instinct is I don't like the concept at all that I would rather spend that amount of money improving my site or paying for pay per click leads. The thing that makes this a little intriguing is its $54 a lead and they guaranteed me one under contract within a month. Have any of you use this product and what has been your experience. If you would rather answer me directly, here is my e-mail address:

Rick@BuyDurango.com

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Dorian Moffat
Halo Group Realty - Allen, TX

Is there a minimum you have to buy? If you have to buy 10 and they guarantee one under contract that sounds reasonable, as long as you don't pay if there is no contract. I'd rather the guarantee say one closed.

Feb 25, 2012 02:07 AM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Rick, perhaps they changed their format of how to pay, but years ago I signed up with them for x amount per month I would get 5 qualified valid leads. None of them were valid, wrong numbers, no returned calls, and when I complained they still charged me the monthly fee. For me it was a waste of time and my money was lining their pockets. These companies do not offer to be paid at closing, which I find interesting. If their leads are so good then why should agents pay for them upfront? Why not at closing? 

Feb 25, 2012 02:12 AM
Morris Massre
Pembroke Pines, FL
Real Estate Instructor Broward County Florida

There is no such thing as guaranteed.  These guys have all approached me and the only thing you get is a bunch of tire kickers.

Feb 25, 2012 03:35 AM
Rick Lorenz
Team Lorenz - Durango, CO
REALTOR Emeritus, CRS, ABR, CyberStar, CNE, E-Pro

Morris,

tire kickers and bottom feeders is not my particular market and is certainly something that I am concerned about. He was quick to tell me that they had a B+ rating in the Better Business Bureau. I'm with you about the idea of guaranteed… Probably no such thing.

Feb 25, 2012 10:35 PM
Rick Lorenz
Team Lorenz - Durango, CO
REALTOR Emeritus, CRS, ABR, CyberStar, CNE, E-Pro

Pamela,

it was comments just like yours that I was most interested in hearing. Promise one thing, but deliver something totally different. I think I'm going to pass on this offer from them. There's 100 ways to spend money and I don't think this needs to be one of them.

Feb 25, 2012 10:37 PM
Rick Lorenz
Team Lorenz - Durango, CO
REALTOR Emeritus, CRS, ABR, CyberStar, CNE, E-Pro

Dorian,

I like the way you think… Just pay if there is a closing. If they are so confident in their product they ought to be willing to wait to get paid.

Feb 25, 2012 10:39 PM
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REALTOR Emeritus, CRS, ABR, CyberStar, CNE, E-Pro
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Durango Real Estate Blog, by Rick Lorenz

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43+ years of successfully selling Durango Colorado real estate certainly qualifies me as having seen just about everything. There have been funny moments "What do you mean you're going to cash my earnest money check?" And there have been serious moments where we completed a short sale just hours before the foreclosure sale was to occur. My greatest satisfaction comes from knowing that we have the expertise and are able to help those people in what is usually the largest financial transaction of their life. One of our clients once said "We sure are glad that you were at the helm of the ship steering our transaction. A little gray hair behind the ears of the 'captain' sure made these passengers feel safer."

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