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10 Unlimited Real Estate Lead Sources That Won't Break the Bank
Manage episode 424597180 series 3237066
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In this episode of the Hyper Fast Show, Dan Lesniak shares ten cost-effective lead sources for real estate agents to help them close more deals in a challenging market. Despite a significant drop in U.S. home sales from 6.5 million in 2021 to 4 million in 2023, Dan emphasizes focusing on the 8 million transaction sides available each year. He outlines lead sources including expired listings, for sale by owners (FSBOs), for rent by owners, geographical leads, pre-foreclosures, sphere of influence, past clients, open houses, area farming, and networking groups. Dan highlights the use of RedX, a platform offering data and a dialer for these leads at an affordable price, to maximize efficiency and results. He encourages agents to dominate a few lead sources, providing practical tips and tools for effective implementation.
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Join Dan as he discusses:
- **Exploring Cost-Effective Lead Sources:** Dan Lesniak discusses ten low-cost or no-cost lead sources for real estate agents, including expired listings, FSBOs, for rent by owners, geographical leads, and pre-foreclosures, and how to effectively utilize them.
- **Maximizing Efficiency with RedX:** Introduction to RedX, a platform that provides data and a dialer to streamline the process of contacting potential leads, with options for various plans starting under $100 per month.
- **Focus and Execution Strategies:** Emphasis on the importance of focusing on a few key lead sources and executing targeted strategies such as area farming, hosting open houses, maintaining a sphere of influence, and engaging in networking groups to generate consistent leads and close more deals.
Notable Quote
"Where your focus and energy goes, that's where you're gonna go, that's where the results are." - Dan Lesniak
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