Price for Exclusive Mortgage Leads

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majorbta

Makin Paper
Apr 1, 2008
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Charlotte, NC
I have a guy that approached me about acquiring exclusive, local mortgage leads for him. I have no problem with the offer, but I am not sure the average rate on an exclusive mortgage lead. I read somewhere $50-75, but I don't know if it was a credible source.

Anyone run something like this? Or have an idea?
 


I used to sell phone verified high dollar low ltv refi leads for up to $400 a pop.

That market flopped though, I would say you charge depending on the lead. But.. If you just want to bulk them to him (refi's - new's - ltv's - low dollars together) I would charge about $50. You should be able to grab the #1 spot on adwords(local) and still make a decent profit.

Just remember that if they are not phone verified, he will bitch, it will be a fucking headache. Also, if he is a loan officer and not a branch manager he will be a cheap fuck (generally)

If you want to know more about the market you can AIM me, I was in for 2 years or so. Ran a pretty big affiliate program for mort. Know pretty much all the aspects of it.
 
Good Q. i have a guy who wants me to get leads for him as well. I was wondering what to sell them to him for.


Also, are you gonna pay for the PPC, or is he? i assume the price for the lead will change depending on who takes the risk...
 
oh, also, would you belling them exclusively to him? or would you sell to other people as well? I work with a guy who collects landscaping leads and he sells them to up to 4 contractors.
 
i'm getting paid $5 to $50 right now on Leadpoint depending on the loan amount, credit rating, etc.
 
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