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 Search for: Just signed up with ABC leads, what can i expect?.
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fund-n

315 Posts

Posted - 05/02/2008 :  12:20:29 PM
Orderd 25 call back telemarket leads from ABC HOT LEADS, how many of those should I expect to app, and what % of those should I expect to close? any experiences with them good, bad or ugly.
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hoangad

2766 Posts

Posted - 05/02/2008 :  12:21:34 PM
why would u sign up for something u know nothing about?
fund-n

315 Posts

Posted - 05/02/2008 :  12:43:35 PM
actually got their info from this forum and people were speaking well of them. besides, its only 25 leads.
tripsevens

22 Posts

Posted - 05/02/2008 :  12:51:58 PM
if you don't mind me asking... how much money did 25 leads cost you? you can reply to my email if you prefer.

THX.
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superthor1022

2788 Posts

Posted - 05/02/2008 :  12:57:49 PM
I would expect leads?!?!?
-thor
fund-n

315 Posts

Posted - 05/02/2008 :  1:04:48 PM
quote:
Originally posted by tripsevens

if you don't mind me asking... how much money did 25 leads cost you? you can reply to my email if you prefer.

THX.


its been posted on here before so no big secret. $60 per lead and $250 set up.
fund-n

315 Posts

Posted - 05/02/2008 :  1:18:43 PM
quote:
Originally posted by Banker0679

shouldnt you have known this before buying leads?


yes, I should have and maybe I jumped the gun but like I said.. its only 25 leads.
Brianquigley

1772 Posts

Posted - 05/02/2008 :  1:21:19 PM
Wow, I really hope you close a few deals fund. Good LUCK!!
Managing Prime

2235 Posts

Posted - 05/02/2008 :  1:23:00 PM
From what I've read they seem to have a good reputation. Some clients will complain about other companies. Can't recall anyone saying they were burnt by ABC.
fund-n

315 Posts

Posted - 05/02/2008 :  1:46:31 PM
quote:
Originally posted by Managing Prime

From what I've read they seem to have a good reputation. Some clients will complain about other companies. Can't recall anyone saying they were burnt by ABC.


Thanks for the input. Anyone else?
MisterVA

5705 Posts

Posted - 05/02/2008 :  1:56:02 PM
Hopefully you will experience the thrill of victory and not the agony of defeat.
fund-n

315 Posts

Posted - 05/02/2008 :  1:59:47 PM
quote:
Originally posted by MisterVA

Hopefully you will experience the thrill of victory and not the agony of defeat.


Been there, both sides.
jcanepa

800 Posts

Posted - 05/02/2008 :  2:02:24 PM
a set up fee for leads?? I've never heard that. When I use to buy leads, you just had to buy a min. amt. I think the min. was $500 worht of leads. Good luck!
fund-n

315 Posts

Posted - 05/02/2008 :  2:26:44 PM
quote:
Originally posted by jcanepa

a set up fee for leads?? I've never heard that. When I use to buy leads, you just had to buy a min. amt. I think the min. was $500 worht of leads. Good luck!


yea, I think it has to do with s.a.n. setup and blah blah blah... Only thing is I paid yesterday, left the guy a message and emial today and have never heard back, guess thats what prompted me to start this thread. Hope its just that his leads are soooo good that he's busy trying to catch up with all his orders.
fund-n

315 Posts

Posted - 05/02/2008 :  2:31:00 PM
quote:
Originally posted by Banker0679

so the 250 doesnt go to leads?


correct. thats the set up fee. what do you think.. bs or not?
fund-n

315 Posts

Posted - 05/02/2008 :  2:39:45 PM
quote:
Originally posted by Banker0679

well probably why raymond charges like 110 for leads.....

one charges less..but has a 'setup' fee


I was thinking of using them next. Have you used him before?
BrokerCA

2341 Posts

Posted - 05/03/2008 :  01:10:56 AM
You can keep us posted on your results with this thread.
assassin17

3163 Posts

Posted - 05/03/2008 :  01:35:49 AM
SAN numbers are free if you aren't doing more than 5 area codes.
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hpmfinancial

1428 Posts

Posted - 05/03/2008 :  01:52:52 AM
quote:
Originally posted by Banker0679

well probably why raymond charges like 110 for leads.....

one charges less..but has a 'setup' fee

Raymond charges a great price for his leads because a lot of them close. I would think a setup fee is pretty lame.
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darkstar

15596 Posts

Posted - 05/03/2008 :  03:39:02 AM
To get a SAN:

Subscribing can be done in a matter of minutes on the FTC’s do-not-call registry website at https://telemarketing.donotcall.gov. There is NO COST to register.

TO REGISTER FOR AN INDIVIDUAL SUBSCRIPTION ACCOUNT NUMBER (SAN):

1. Click on the link above to go to the FTC’s do-not-call registry website for telemarketers.
2. Click on "All new users must click here to create a profile" at bottom of page.
3. Complete "Organizational information" and complete "Authorized Representative" (all blocks with RED asterisks * on both)
4. Click – Organization Function- must check TM/SP (TM/telemarketer) with Independent Access
5. Click on "Submit" box at bottom of page
6. Click on "Create Profile" box at bottom of page
7. Click on "Certify" box at bottom of page
8. MAKE SURE YOU PRINT RECORD OF I.D.’s AND PASSWORDS FOR FUTURE REFERENCE!
9. Click on "Subscribe and Pay" box (you only need to pay if you select more than 5 area codes to prospect in)
10. Enter your 5 free selected area codes in which you will be prospecting
11. PRINT YOUR RECORD OF SAN AND AREA CODES!

For help selecting appropriate 5 free area codes, refer to:
http://www.nanpa.com. This process should take no longer than 5 minutes. Your subscription to 5 area codes is FREE.
fund-n

315 Posts

Posted - 05/03/2008 :  06:55:13 AM
Well then I guess I don't know what the $250 set up fee was for but I will find out for sure and keep everyone posted on results. I spent $689,000 in 07 on direct mail and generated almost $3,000,000 in fees, I know a little bit about dm but have not used tm leads in 6 yrs. I'm always willing to try new things and I feel the bo is a great place for reffrences. A lead provider on here would be crazy to burn anyone here and would defenitly kill their business and by the same token the good ones would get a ton of business. So believe me, I plan to keep everyone posted on results with any lead providers I use. I'm a true believer of helping my fellow brokers/los' and the BO is a great place to learn and share.
Bob H

228 Posts

Posted - 05/03/2008 :  07:14:45 AM
One of my LO's bought 30. Out of the first 11 he is closing one loan. That will pay for his expense + a little profit. Contact and app rate is VERY good considering my past experience with telemarketing leads. He was told from the beginning to expect to close 2-3. Looks like those #'s are fair. Make sure your LO's using them are persistant and good closers.
fund-n

315 Posts

Posted - 05/03/2008 :  07:52:39 AM
Hey Bob, when are those new mailers hitting? and yes these are only going to 2 maybe 3 of my top producers. I hope this will help during slow call in days like thu. and fri.
Bob H

228 Posts

Posted - 05/03/2008 :  08:25:17 AM
Rene, just dropped 2,500 small test for fha streamlines. I have 8k records ready to go for the new mailer. I am going to do a 50/50 split on mail pieces to see what works. They won't be in the mail until next week so won't know much until the week after. I'll let you know.
ABC LEADS

135 Posts

Posted - 05/05/2008 :  11:00:05 AM
Hello Folks,
I just saw this post, and appreciate all the GOOD things said!!!

BANKER I really liked the "DEF Leads" that was a new one... LOL...but to clear up the SET UP FEE issue. YES we do have a set up fee, but it has NOTHING to do with the SAN's. The set up fee is an IT fee charged for the time it takes my crew to get a program ready. It is all customized programming, because we call in the name of each individual company there is alot of leg work to do in order to get it going. This is a ONE TIME FEE, that we WAVE for B.O. members, and in speaking with FUND-N I already told him he'll be reimbursed the $250. It was purely accidental he was charged for it. I don't send the invoice myself, and accounts pay/rec didn't know he was a B.O. member.

Besides customizing all scripts etc, we supply all clients with our lead tracking software that needs to be programmed for each specific campaign.
The lead tracking software is FREE to use for the life of the program with NO on going monthly service charge! Ask those that are currently using it... it's well worth it!!!

I'm sure FUND-N will have plenty of feed back for all soon, but in the mean time..........

CALL TODAY, AND START BUILDING YOUR PIPELINE TOMORROW!!!

Best Regards,
Ian Spalding
ABC Hot Leads
(866) 926 - 1222 X - 101
www.abchotleads.com
fund-n

315 Posts

Posted - 05/05/2008 :  11:40:05 AM
Just spoke with Ian with ABC and he will credit the $250. The BO has pull! P.S. thanks Ian.
ABC LEADS

135 Posts

Posted - 05/05/2008 :  11:58:05 AM
Unfortunatley, I'm NO I.T. guy, and I.T. guys don't come cheap ., but again the FEE is WAVED for B.O. members! Plus we give 5 FREE per 25 ordered to ALL B.O. MEMBERS on their initial order. 25 purchased @ $60 + 5 FREE = TRUE cost is $50 per.

SO IT'S CLEAR TO ALL.....
THERE IS NO SET UP FEE FOR B.O. MEMBERS...
Just let me know when we speak that BROKEROUT POST is where you heard about us.

ONCE AGAIN THANX TO ALL!! WE LOOK FORWARD TO WORKING WITH YOU FOR YEARS TO COME!!!

Ian Spalding
ABC (DEF ) Hot Leads
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rcossin

150 Posts

Posted - 05/06/2008 :  1:10:14 PM
Hey fund-n

Sounds like we have some things in common with the marketing. I sent an email but not sure if it went through. If you get a minute give me a call. Good luck with the leads.
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