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I Love HouseValues - Mar. 18, 2008

Subject:

RE: HouseValues.com

Author:

Joanne Dodge (joannedodge@remax.net)

Date:

March 17th, 2008, 12:23 PM PST

ID:

0068BU

Click here to view the editor's note

 

My experience is apparently different from the majority.  I signed up for a minimal subscription with them, for buyer leads.  In 2 years I spent approximately $6000 on subscription fees and had 5 closed transactions for a a total of about $20,000 in commissions.  This is clearly not the way to instant riches, and yes, it IS WORK to respond to all the lame leads.  However, my calculator informs me that I did indeed come out ahead on this deal.  This was business that would have gone to someone else.  I think the idea is to keep it in perspective, respond to the leads diligently, but then drop the ones that don't want an agent and forget about it.  1 sale for every 25 leads or so, so you give the good ones a chance to surface, take those, and move on.  So, after 2 years, I decided that it was proven I would make money, and proven that I would not lose my investment, so I recently increased my

Comments (1)

RE: I Love HouseValues - Mar. 18, 2008

Posted by Loretta Blendermann
I am surprised! I did not find House Vales service to be very helpful myself. I found the Realtors that they were sending out to prospective clients did not know the area and therefore were only giving comps based on price per square foot. In some areas they were way off on  a recommended listing price...I also found the leads they provided were either fake contact information or they got very upset when I contacted them saying they did not know anyone would be contacting them. I am happy it worked out for you but my broker spend a lot of money on leads that never worked out.
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