2,436,099
Good morning Paul!
You're going to get about 80% of responses saying, "what, no way, I'd never pay for a lead referral service!", then about 10% saying they paid and no way was it worth it - "what a rip off", and then another 10% saying "Yes, it was great!"
That's my prediction.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Dan & Laurie Pittsenba...
Bellingham, WA
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Kathleen Daniels, Prob...
San Jose, CA
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Candice A. Donofrio
Fort Mohave, AZ
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
1,196,798
Have never done that Paul S. Henderson, REALTOR®, CRS
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Dan & Laurie Pittsenba...
Bellingham, WA
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Kathleen Daniels, Prob...
San Jose, CA
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Debe Maxwell, CRS
Charlotte, NC
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Richard Weeks
Dallas, TX
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Doug Dawes
Topsfield, MA
5,230,068
Yes, during the recession and yes, I surpassed my annual cost but, dropped it when my website began bringing more leads than they were providing!
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Peter Testa
Danbury, CT
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Dan & Laurie Pittsenba...
Bellingham, WA
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Kathleen Daniels, Prob...
San Jose, CA
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Lyn Sims
Schaumburg, IL
921,504
Agents send each other business and it costs from 30 to 50% and many say it was worth it.
Many work with relocation companies and pay 30 to 50% and many say it was worth it.
For MUCH LESS money one can fish up stream and find buyers and sellers. The difference is, with the latter you need to learn how to work it.
Now it is important to make clear if you are talking of a referral service that typically charges a % (thousands of dollars each) or a lead service that charges by lead or zone.
For each the outcome is incrementally dependent on agents ability to process.
Have I ever? Yes. As ones business becomes increasing past client referral, agents migrate to the lower hanging fruit requiring less need to work it.
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Dan & Laurie Pittsenba...
Bellingham, WA
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
213,263
yes-lots of times and never come close
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Dan & Laurie Pittsenba...
Bellingham, WA
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
5,772,575
Paul,
We never needed it for our practice...I have known people who have made $$$ and some who have not. A
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Pete Xavier
Pacific Palisades, CA
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Dan & Laurie Pittsenba...
Bellingham, WA
1,725,996
Years ago Sandy did and no; never broke even.
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Dan & Laurie Pittsenba...
Bellingham, WA
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Kathleen Daniels, Prob...
San Jose, CA
5,583,278
no, I have never.....I make my own phone ring....and we get referrals all the time from previous clients....
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Dan & Laurie Pittsenba...
Bellingham, WA
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Kathleen Daniels, Prob...
San Jose, CA
1,598,452
No, never.
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Dan & Laurie Pittsenba...
Bellingham, WA
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Kathleen Daniels, Prob...
San Jose, CA
1,844,291
What the hell Paul, your stuttering your question 4 times.
No I haven't paid because it seems return is low for others. My wallet is tightly closed.
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Dan & Laurie Pittsenba...
Bellingham, WA
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Candice A. Donofrio
Fort Mohave, AZ
5,104,931
I have in past years... and yes, I earned more than I paid.
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Dan & Laurie Pittsenba...
Bellingham, WA
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Kathleen Daniels, Prob...
San Jose, CA
2,182,552
Three - what exactly is a paid referral service . Is it buying leads online ? Are they exclusive ?
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Dan & Laurie Pittsenba...
Bellingham, WA
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Debe Maxwell, CRS
Charlotte, NC
4,882,355
I have never paid for a referral.
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Dan & Laurie Pittsenba...
Bellingham, WA
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Debe Maxwell, CRS
Charlotte, NC
5,216,398
Never signed up.Always thought the cost exceeded the return. Part of the 80% prediction of Kat Palmiotti.
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Dan & Laurie Pittsenba...
Bellingham, WA
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Doug Dawes
Topsfield, MA
3,345,091
I have not signed up for or paid for a referral service unless we can count AR. I've received and given many referrals over the years.
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Dan & Laurie Pittsenba...
Bellingham, WA
1,712,676
900,128
378,517
3,416,038
There is no good paid referral service. The BEST service is one that takes a percentage of the referrals. That way you really know if they are real, ready, willing and able to buy or sell. I have had good luck with those types of referrals and welcome them
758,035
I have not paid for any service monthly or upfront. At closing, yes & would do it again.
4,272,548
The demons are alive and well on ActiveRain. Push the submit button and get 2 more questions. You got to love Gremlins...
1,090,637
5,049,183
No, never have and likely never will. I doubt it would be a decent ROI.
67,369
Yes I have and luckily I have acutual come out on top with the money. What I paid for and what I have converted into clients who bought.
6,393,404
1,239,901
I told them I will get leads first if it pays off I am willing to give the broker a cut.
2,390,620
I did in my 1st year and I look at it as a typical rookie mistake Paul S. Henderson, REALTOR®, CRS
1,311,397
1,502,998
469,510
Are talking about buying leads or joining some referral network that has a buy in and once in agents refer to each other??? For me the answer is don't buy leads - never pay (or support) someone to get inbetween you and the public. And I've never paid money to join a referral network.