FSBO Real Estate Leads | Lead Generation and Management Systems For Real Estate Professionals

Lead Generation and Management Systems For Real Estate Professionals

  • Are you a Real Estate Agent looking for more leads?
  • Has the changing Real Estate Market had an impact on your business?
  • Have you ever considered working at obtaining expired listings, but haven't found an effective & efficient way to work that type of a lead?
Did you know...
  • The typical FSBO home sold for $187,200 compared to $247,000 for agent-assisted home sales.
  • 88% will end up using an agent to list and sell their home
  • 11% Price their home with a market price that is correct
  • 16% Understand the paperwork
  • 9% Can Attract potential buyers
  • 9% Have enough time to devote to all aspects of the sale
  • Majority of FSBO’s will use an agent for their next home purchase
Lead generation is an important aspect of a profitable real estate business. Since lead generation can cost a great deal of your time and efforts, it is important that the group of potential clients you go after is responsive to your offer. 

With the current shifting real estate market, more and more properties are taking much longer to sell. Most agents neglect the seller in time and the result is that the disgruntled homeowner will do anything rather than re-list with the same agent.  With the market being so slow now, it is in fact, the best time for you to perfect your lead generating processes and techniques, to avoid the same issues.

As a real estate professional, you need to be working on For Sale By Owner (FSBO) listings. Such listings are becoming more common and available due to the changing real estate economy and an inability on the part of agents to stay ahead of trends.  The best way to get those expired leads is through The RedX Prospecting Solutions. The RedX is changing the way real estate professionals approach prospecting by providing them innovate solutions integrated with the Expired Leads research, the For-Sale-By-Owner (FSBO) lead service and the RolEDX lead manager into a powerful real estate tool.

Research shows that the first agent to contact the owner of an expired listing usually gets the new listing!
  • Only 28% will re-list with their current agent
  • 35% will leave their home off the market for a month or more (Statistics indicate that most of these will re-list with another agent within 90 days)
  • 37% will re-list with a new agent within 30 days
  • Over 70% chance YOU can get the listing
  • Most that re-list will do so with the 1st or 2nd agent that contacts them
Tell me more!

 

Real Estate News from REALTOR.org
  • Existing-Home Sales Slip in March
  •       (April 22) Existing-home sales edged down in March, remaining within a narrow range of sales activity that has persisted since last September.
  • NAR Commends Preston's Nomination as HUD Secretary
  •       Read a statement by President Richard F. Gaylord on today's nomination of Steve Preston for Secretary of the U.S. Department of Housing and Urban Development.
  • NAR, Industry Partners Agree on Syndication Standard
  •       (April 11) NAR and other members of the Real Estate Standards Organization unanimously approved a draft standardized data format for distributing real estate listing information.
  • Existing-Home Sales to Stabilize Before Upturn in Second Half
  •       (April 8) Little change is expected in existing-home sales over the next few months, before improving notably in the second half of 2008.
  • Treasury "BluePrint" Causes Financial Concern, Controversy, Says NAR
  •       (April 3) In a letter, NAR told the Secretary of the Treasury it opposes the "Blueprint for a Modernized Financial Regulatory Structure."ť
  • Health Care Needs Reform, Say REALTORS®
  •       (April 2) NAR supports the Small Business Health Options Program introduced in the Senate today but says the health care market for small businesses and independent contractors must be reformed.
  • REALTORS® Continue to Support Fair Housing
  •       (April 1) Four decades after passage of the Fair Housing Act, REALTORS® continue to advocate for all Americans' right to pursue homeownership without discrimination.
  • Second-Home Sales One-Third of '07 Transactions
  •       (March 28) Combined vacation- and investment-home sales declined in 2007, but still accounted for 33% of existing- and new-home sales "” close to historic norms.
  • Westwood One Radio Interviews NAR Chief Economist
  •       

    (March 28) Nationally syndicated radio host Jim Bohannon interviews NAR Chief Economist Lawrence Yun about the real estate market.

  • Existing-Home Sales Rise in February
  •       (March 24) Sales of existing homes increased in February and remain fairly stable. Read the press release or watch the press conference video (requires Windows Media Player).

    Residential Real Estate News from RealEstateJournal.com
  • The Eco-Kitchen Challenge
  •       Renovating to be green takes more time, research and intestinal fortitude than doing it the regular way. Is a 16-month journey to a new kitchen worth it? Journal reporter Gwendolyn Bounds details her remodeling process.
  • Can Houses Be Sold Like Art?
  •       A restored modernist home in Palm Springs, Calif., fetched $15 million this week at Christie's prestigious evening sales -- a record for a home sold at an art-house auction. But some devotees of midcentury architecture were dismayed. Photos
  • Fannie, Freddie Called Weak in Capital Base
  •       Fannie Mae and Freddie Mac's meager capital could pose a significant risk to taxpayers and financial institutions, their regulator said.
  • Consumers Are Downbeat on Economy
  •       Consumer sentiment about the economy hit a 28-year low, while housing starts jumped 8.2% in April on gains in the multifamily category.
  • Pushing the Envelope on Vegetables
  •       Garden centers, catalogs and seed companies are promoting strange, colorful vegetables to intrigue veteran gardeners and inspire a new generation who -- until recently -- hadn't shown much interest in getting their hands in the dirt.
  • American Girl Founder Puts Houses on Sale
  •       Pleasant Rowland, the founder of doll company American Girl, has put both of her houses in Aurora, N.Y., on the market. Former Bear Stearns executive Alvin H. Einbender has listed his apartment…plus more. Photos
  • Congress Faults Bush on Housing Bill
  •       The Bush administration is a surprising wild card in the debate about a housing rescue. Lawmakers say the White House has sent mixed signals about what kind of housing bill it would approve.
  • Fannie to Scrap Policy Over Down Payments
  •       Fannie Mae is expected to announce that it is scrapping a policy requiring higher down payments on home mortgages in areas where house prices are falling.
  • Will Upgrading Your Home Help You Sell It?
  •       The resale value of home improvements in general is sliding, according to experts. In a departure from recent trends, homeowners are getting the best payback from relatively mundane improvements, such as sprucing up the exterior of their house.
  • Sewer to Spigot: Recycled Water
  •       A growing number of cities and counties grappling with water shortages are turning to a solution that may be tough for some homeowners to stomach: purifying wastewater so that residents can drink it.

    Real Estate News from The New York Times
  • They’re All Connected
  •       Building residents are organizing on the Internet to chat, air grievances and try to fix problems.

  • Streetscapes/Lower West Side: As High Line Park Rises, a Time Capsule Remains
  •       Remnants from the rail age amid the new walking paths.

  • Living in Scarsdale, N.Y.: Houses Even Bigger, Scores Way Above Average
  •       Families are attracted to Scarsdale, N.Y., for its imposing Tudors and colonials, many of which have been redone, and for its above-average schools.

  • The Sell: After 24 Open Houses ...
  •       Dawn and Barry Goldstein spent six and a half months trying to sell their two-bedroom co-op on 56th Street between Park and Lexington Avenues.

  • Habitats | The Bowery: A Home as Quirky as Life Itself
  •       A family lives and works in an eccentric space that overlooks the lighting fixture stores that dominate a section of the Bowery.

  • Mortgages: Lenders Raise the Bar
  •       A survey of mortgage lenders found that standards were significantly tighter in April than they had been in January.

  • Q & A: A Satellite Dish on the Roof
  •       Can a co-op shareholder install a satellite dish on the roof of the co-op?

  • Q & A: Lists of Candidates Running for the Board
  •       Is there any legal requirement for a co-op in New York to publish a good-faith list of names of people running for the board before the annual meeting?

  • The Hunt: Passing the ‘Doorbell Test’
  •       A couple was drawn to Astoria, but irked by its unfriendliness to dogs.

  • In the Region | New Jersey: Next Stop: A Commuter Village
  •       The first units of Xchange at Secaucus Junction, a rental housing “village” planned for 60 acres beside the regional train transfer station, are due to go on sale.


    Commercial Real Estate News from RealEstateJournal.com
  • Maguire May Be Forced Out
  •       Robert Maguire III ended his last-ditch effort to buy the company he founded and is on the verge of being forced out as chairman and CEO.
  • Consumers Are Downbeat on Economy
  •       Consumer sentiment about the economy hit a 28-year low, while housing starts jumped 8.2% in April on gains in the multifamily category.
  • A Gamble That Went Bust
  •       The collapse of ANB, an Arkansas bank that went bust last week in the biggest failure of a brick-and-mortar U.S. bank in more than a decade, is an ominous sign for many banks that gambled on real estate.
  • Family Feud Upsets Asian Firm
  •       A family feud roiling one of the world's largest property developers, Sun Hung Kai Properties, took a fresh turn when its chairman and CEO won a temporary injunction fending off what he called an attempt by his two younger brothers to oust him.
  • Centro's Structure Fends Off Creditors
  •       Centro Properties Group's complicated capital structure was a key to its growth. Now that the company is struggling, the structure may shield it from creditors.
  • Post's Meager Prospects
  •       Chances for a sale of Post Properties appear to be dimming amid weaker-than-expected first-quarter earnings and the loss of a key prospective buyer for the company.
  • Self-Storage Business Faces a Test
  •       As self-storage companies head into their peak rental season, the assumption that they will benefit from the housing crisis is being tested.
  • Home-Price Decline Spreads
  •       In the latest sign that the housing market is deflating at a record pace, the National Association of Realtors said prices declined in more metropolitan areas in the first quarter than at any time in the past three decades.
  • Bonds Tied to Mortgages Have Hope
  •       Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.
  • Property Mogul Poised to Fall Again
  •       Ian Bruce Eichner is on the verge of losing control of his Las Vegas casino-resort project -- 16 years after a similar loss in Times Square. His roller-coaster track record shows that in commercial real estate, failure on an epic scale need not be a career killer.