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Real Estate Lead Generation How It Works

The housing sector has become so competitive that nearly every investment blog you visit features dedicated pages for real estate investment. Unfortunately, for real estate agents and sellers, lead generation is often a less charted territory; most investment blogs provide generic marketing methods, while the real estate sector demands unique and focused lead generation tactics.

This article will explain how to identify a reliable real estate lead generation company. It will also outline the top real estate lead generation companies in the US and the strategies they use to generate, nurture, and convert leads.

How To Choose a Dependable Real Estate Lead Generation Company

As one of the largest industries in the country, contributing 15-18% of the GDP, the housing sector is flooded by sellers and investors. Realizing this, most digital marketing companies have set out to provide real estate lead generation services. However, not all guarantee positive results. Below are factors to consider when selecting a real estate lead generation company:

  • Experience: Every reputable lead generation company has a proven track record of successful campaigns. This should span over a reasonable period, at least two years, to prove consistency and ability to adapt amidst changing market/industry trends.
  • Targeted lead generation: Your investment should be channeled toward leads that are highly likely to convert. As such, choose a company with experience and proven results in your niche or target market.
  • Technology-driven: Choose a company utilizing advanced digital marketing and lead nurturing tools/techniques. The company should have a strong online presence, which is a clear indication of expertise.
  • Lead nurturing: It often takes time for leads to convert due to the longer decision-making process in real estate transactions. A good lead generation company should have systems for nurturing leads through constant personalized communication and follow-ups.
  • Transparent reporting: You will want to know if your lead generation strategies are yielding sufficient return on investment (ROI). Ensure the company provides regular detailed reports on leads generated, conversion rates, cost per lead, ROI, etc.
  • Affordable services: The success of a marketing campaign is primarily measured by its ROI, which heavily depends on cost. While you should aim to get the best services, avoid companies that are too expensive or those with hidden fees.

Top Real Estate Lead Generation Companies in the US in 2024 and Their Digital Marketing Strategies

It’s hard to find a real estate lead generation company that checks all the above boxes. We’ve compiled a list of the top 10 real estate lead generation companies in the US and their services:

Zurple

Zurple is best known for its sophisticated nurturing system that involves behavioral-based lead profiles and personalized, automated emails. Zurple’s targeted lead generation starts with creating a branded IDX website with up-to-date MLS listings, neighborhood/ community data, and lead capture tools, among other features.

Zurple’s marketing experts will create and manage ads to drive prospective buyers (from preferred ZIP codes, cities, or neighborhoods) to your Zurple site. Users typically create accounts when using the website, which helps track their browsing activity. This enables Zurple to send emails that are highly targeted to their preferences.

CINC

CINC integrates with over 4,000 apps and utilizes AI-driven behavioral messaging automation. It offers a comprehensive service suite that includes lead generation, management, and marketing. The platform has four core functions that ensure a seamless lead process. These functions are capture, identify, nurture, and convert.

CINC captures leads via targeted Facebook and Google Ads and directs them to a customizable, conversion-focused IDX website. The platform also features a team management tool to assign leads effectively.

Zillow Premier Agent

Zillow Premier Agent is owned by real estate giant Zillow Group and uses their website’s traffic to match leads to agents. This is unlike other platforms where leads are captured through third-party methods such as Facebook and Google Ads. This distinct feature allows prospects to contact the agent or seller directly.

Upon contact, the agent will exclusively feature on the prospect’s interface for 30 days. Every advertising page accommodates up to three agents, offering maximum exposure in less competitive ZIP codes. More competitive ZIP codes will require a significantly higher budget.

REDX

REDX is an all-in-one real estate lead generation platform that offers five major lead types:

  • Geo-based leads
  • Expired leads (qualified homeowners willing to pay a commission)
  • FSBO leads (eager sellers)
  • FRBO leads (landlords and investors looking to cash out)
  • Pre-foreclosure leads (less competitive)

All REDX leads aren’t on the Do Not Call list and are automatically added to Vortex—REDX’s CRM. This CRM provides custom scripts to ensure agents sound professional and know how to converse with all potential customers.

Offers

Offers use AI-powered predictive analytics to gather data and identify homeowners in your target market who are likely to sell their homes within the next 12 months. This helps agents focus on high-potential leads, increasing their chances of conversion. Offers has over one billion data points and uses machine learning algorithms to analyze homeowners’ trends, patterns, and behaviors.

Market Leader

Market Leader’s leads are usually exclusive; each lead is channeled to only one agent, and each agent is guaranteed a specific number of targeted leads. Their leads are sourced from HouseValues.com, but they also use Leads Direct—a digital marketing strategy where businesses source leads from Pay-Per-Click (PPC) advertising, email marketing, content marketing, social media advertising, etc.

Learn More About Real Estate Lead Generation and Investing With LittleBigHomes

Real estate investment is usually challenging, especially for first-time investors, buyers, and sellers. LittleBigHomes.com aims to solve this by providing in-depth resources and guides. We cover topics such as the latest real estate market trends, lead generation, and how to buy/sell properties.

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