Of course, loan officer mortgage leads are the name of the game. And even though you want it to come from Realtors, purchasing loan officer mortgage leads from a leads company is an alternative or supplement. See why I'm not a fan of purchasing loan officer mortgage leads
If you choose to supplement your lead pool by purchasing mortgage leads, it is important to do your research, remember, you are testing the waters, not diving right in.
I've seen too many cases where someone spends hundreds or thousands of dollars on loan officer mortgage leads only to find out they are worthless. Research as many lead firms as you can before you're making a call which one is OK for you.
Similarly vital is the lead itself, while doing your research, consider these three things about the kind of lead you will be getting:
- Some allow you to cherry pick;
- Some let you set up a filter;
- And some only sell in bulk.
The pricing on loan officer mortgage leads varies also, as you'll see, it depends on what you are purchasing. When you are buying leads that were recycled, you will most likely get a ton of them.
Now, if you decide to buy "real time" leads, that same one hundred bucks will get you any where from five to eight leads, but do not forget, these leads are fresh, they are hot off the press, so your chances of closing some loans are better than if you bought recycled leads.
Fresh loan officer mortgage leads will certainly cost more than a recycled lead. It all depends on what you're searching for, quality or quantity. Most lead firms have software in effect or confirm the mortgage lead before they sell it to extract any fake leads.