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Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Two issue should be clear to you since you actually noticed them.

#1. They called you AGAIN! That means one of the 10 agent who has paid the $10,000 annual, was not impressed with their investment. Be sure to understand how the time slicing works and ALL of the asses of zillow that are used to acheive smaller granularity in their slicing. (you get less, they get more)

#2. Do you have the time, infrastructure and resouces to chase internet vapors? Most agents, after spending $10,000 come the conclusion, "It does not work!" but the reality is they did not have the time, resources infrastructure or knowledge to make it work.

P.T. Barnum has a famous, non-flattering, quote. If you do your homework, you can make it work. If you don't. P.T Barnum will be right, "There's a sucker born everyday."

This applies to Zillow, Trulia, Market Leader, Bing all those folks trying to sell internet smoke. They can all work, but they NEVER work if you chase the vapors.

 

Dec 29, 2014 05:20 AM
Ambassador
2,163,333
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Not in my world.  I get these calls all the time and not only from the big companies but from smaller ones as well.  They all either start out letting me know about this one time opportunity or they want to know if I'm still working in real estate. 

Dec 29, 2014 11:40 AM
Rainer
10,513
Phil Riek, CIPS,ABR,GRI,TRC,SFR,SRES,AHWD,MRP,FMS
Future Home Realty - Palm Harbor, FL

Do not touch them! I had Zero, I mean Zillo. All I got were buyers that were only interested in the subject property which was alreay sold or under contract. The final straw was when I got an email from a man who told me that he would be happy to assist me with the sale of a $400k property. I checked he had no license. I googled his name and there was his picture courtesy of the local sheriff. I immediately called Zero and told to drop me NOW! They did remove me. I always now check my potential buyers even it is a referral from someone I know.

Dec 29, 2014 11:05 AM
Rainmaker
5,772,593
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

That will cost you $10,800 a year.  I would advise you to save the money and find a way to meet people that will lead to referrals rather than own a zipcode.  One of our clients, spends much less than that on a Tennis Club membership in the area he is known in.  As a result of his tennis expertise as well as his knowledge of the marketplace, he gets leads, stays healty and enjoys playing tennis.  Now that is a way to spend money in real estate.  A

Dec 29, 2014 05:50 AM
Rainer
4,609
Christine Budd
Desert Gold Realty - Mesquite, NV

They did that to me, and during the hour that I thought about it, the opening sold.  Been unhappy with them - spend is going up and up, impressions down, more agents added to the search, site not user friendly, etc.  I went with Realtor.com and have had excellent results for 1/3 the cost.  Trulia is a headache too.  Hope this helps.

Dec 29, 2014 04:00 AM
Rainer
37,404
Gladys Webb
Kreative Realty LLC - Tuscaloosa, AL

Hi Lindsay, seems too me they are just getting money. I feel that if Zillow and Trulia merge and Realtor.com isn't enough for us then we are going to lose business. Why pay for leads? In my opinion if they are not listings is it really worth it?

Dec 29, 2014 03:39 AM
Rainer
279,878
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

I wouldn't do it.

May 11, 2018 09:18 PM
Rainmaker
630,251
Ajay Pandya
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya

Wow!

Jan 02, 2018 10:14 PM
Rainmaker
122,759
Wendy Smith
Wendy Smith Real Estate - Clearwater, FL
Real Estate Advisor

What?!  $900 per month?  good grief what is your zipcode?

Dec 30, 2014 03:50 AM
Rainmaker
1,625,053
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Annette Lawrence you go girl:)

Lindsay Reagan,PA , all these companies call me( and I'm sure all of you!) all the time with ''ONLY today! blu-blu''.

I did not notice even one single answer who thinks that giving away so much money is a great investment for your business. Did I miss any?

Dec 29, 2014 06:18 PM
Rainmaker
611,652
Judith Parker
ProStead Realty - Charlotte, NC
CRS, GRI, CMRS, Charlotte, NC

Do not do it.  I tried one of these so called deals one time and it was a nightmare from start to finish.  Got leads from areas outside the areas I work, many repeat leads and etc.  Be wise and save your money!

Dec 29, 2014 04:02 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Like any other company, Zillow is out there for making money. They did start well - and for last few years, prices have skyrocketed! So, now it is up to you to take that decision - to go for it or no!

Dec 29, 2014 01:10 PM
Rainer
112,711
Don Kanare
RE/MAX NORTH LAKE - Incline Village, NV - Incline Village, NV
Incline Village Real Estate

It's not worth it.  You can use the same $$ for lots of other good marketing ideas instead of throwing it away with Zillow or Trulia.

Dec 29, 2014 08:39 AM
Rainer
3,310
Brenda Feria
Real Living Eudailey Real Estate - Richmond, VA

You need to do the math...

 

Dec 29, 2014 03:30 AM
Rainer
178,552
Lindsay Reagan, Realtor
Bowen Realty - Wellington, FL

Thanks Sheri,    I have never tried Zillow or any of the others and wonder if I am missing out.  I wish they would let you do a 3 month versus a 12 month commitment.

Dec 29, 2014 02:46 AM
Rainmaker
1,955,862
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

I always look at ROI.  This will cost you $10,800 a year!  Do you think you will make that back plus more?  Back when I used Zillow it was $400 a month and no return on investment.  I dropped it... I still get calls and politely tell the solicitor "no thank you".

Dec 29, 2014 02:39 AM
Ambassador
6,423,260
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Would not be worth it to me.

Aug 30, 2019 11:25 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

ROFL!

Jun 29, 2018 05:52 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Not.

Apr 16, 2018 06:08 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

The only one who wins for sure is Zillow in this case.

Dec 30, 2014 02:02 PM
Rainer
163,231
Trisha P Realty Group
Realty Executives - Leavenworth, KS
"Holding the Keys to Your Dream Home"

I must be the odd one out.  I pay for leads from Zillow and have had such a successful return on my investment! I do live in KS and my monthly cost is no where near the $900, I pay about $200 for 2 zip codes. I seriously have been able to convert many to buyers and have had a couple sellers.  I am very happy with Zillow!

Dec 29, 2014 09:46 AM
Rainmaker
107,235
Karen Deis
ApartmentToolKit.com - Minneapolis, MN
When In-house training is not enough!

not!

Dec 29, 2014 05:29 AM