Kyle, I heard a whole bunch of misinformation here. Like, RDC sends "shared" leads to all the agents in the area - this isn't true. RDC sends shared leads to TWO agents. Also, Zillow premier doesn't have the user click on a button, then pick the agent. ZP also pre screens it's leads and passes them on to the agent if they are within 6 months of buying, as well as other criteria (called connections), leads further out are classified as nurture, and are ranked differently. You didn't mention ANYTHING about the ZP My Agent application for retaining leads that attempt to return. ZP doesn't offer a month to month for new agents (what I was told about 3 hours ago). Your IPM numbers were spot on. I think your cost comparison is pretty far off too. If you compare apples to apples (non-shared RDC to Zillow (which is only non-shared) in my home zip code RDC is $400 / month, where Zillow is $570. BUT, Zillow is pre-qualified, and has a 5% conversion, where RDC is a 1% (info from each respective site) for providing the same number of leads (18-24 /6mo). Let's just say 20 leads, for rough numbers. For every 20 leads from Zillow, I have 1 sale (hypothetically on 5% conversion). To do the same sale at RDC's 1%, I would need 100 leads. 100 leads from RDC would be $2000 vs Zillow's $570. I'm not sponsored by either, and I think both have their place. But if you ENJOY showing houses to people who aren't looking to buy for 3 years, can't get pre-approved, or just want to know what color the bathroom is - RDC for the win simply because the cost per lead is cheaper. If you want to convert and sell property, spend a lil more IMO.
My wife and I just got our RE license. We are both run companies for other people and want to use our primary income to fule OUR businesses now. Thank you so much for sharing @team204!
Sir, I have 8 years of posting experience on Zillow, I have tips to increase traffic to the post connecting ads to other platform and minimizing cost if anyone wants to do some work pls tell me. Or leave contact
It can be challenging when your sponsor is located in a different state, but with determination and the right support, you can overcome these challenges. Here are a few tips: 1. Communication 2. Local Connections 3. Training and Resources 4. Local Market Research 5. Mentorship: Consider finding a local mentor or coach in Texas who can provide guidance tailored to your market. Remember, while challenges can arise, your dedication and the support of the eXp community can help you navigate them successfully. Real estate is a dynamic field, and adaptability is key to your long-term success.
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You're very welcome! I'm here to keep you informed and provide insights on various topics. It's great to hear that I could provide you with new and valuable information regarding the "pay if it closes" concept. If you have any more questions or if there's anything else you'd like to learn about, feel free to ask. Thanks for tuning in and staying up to date with the latest developments! 👍📆
@@KyleHandy Lets say I wanna relieve myself from the broker I'm currently with but hold off joining another one temporarily how would I go about that ?