David Cool, We Treat Your Property Like It's Ours (Cool Realty, LLC)

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John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, MD, MT, NC, NJ, NV, OK, OR, PA, SC, TN, TX, UT, VA, WV - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Not familiar with them specifically, but sounds like a RUN situation

Mar 30, 2016 06:40 AM
Rainmaker
1,514,105
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Majority of services that want upfront fees for leads are not my kind of thing. 

Mar 30, 2016 05:01 PM
Rainmaker
5,524,500
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

David,

Sam Shueh gave you the perfect link. and answer to your question.  I have learned that one should ask these lead generators, why are they not getting their licenses and take the leads and run with them, given there is so much money in it.  Another clue is that they use dot.org which is usually used by non-profits...A  

Mar 30, 2016 08:21 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I would Google Complaints on downpayment.org. It bothers me that they used .org. That is a red flag for a business to use that extension.

Mar 30, 2016 08:04 AM
Rainmaker
1,149,009
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

See this link:

downpayment org

Mar 30, 2016 07:42 AM
Rainmaker
573,081
Jeffrey Jones
AZ Home Seekers - San Tan Valley, AZ
AZ Home Seekers, azhomeseekers.com

it sounds like such a bad deal I don't understand why you have to ask.

Mar 30, 2016 07:22 AM
Rainer
45,807
Andy Madrid
Hawaii Coast Realty, LLC - Kailua-Kona, HI
Expertise, Professionalism, and Service

It sounds like a scam.  I've seen their advertising and there are alot of costs they want up front.  I suspect that their "buyers" aren't going to be qualified and that they wont be able to buy.  I would pass

Mar 30, 2016 07:11 AM
Rainmaker
4,156,948
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Never heard of them and do not care to hear from them!

Mar 30, 2016 09:36 PM
Rainmaker
845,920
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Never heard of them but i can't see any reason for someone to get involved with them.

Mar 30, 2016 09:25 PM
Rainmaker
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning David. Have never heard the name, can't imagine anyone working with them.

Mar 30, 2016 06:26 PM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Never heard of them. I would be wary unless I had validation they were legit and had a good track record.

Mar 30, 2016 01:16 PM
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

No but I would want to check it out further if I was presented with a deal involving this company.

Mar 30, 2016 12:51 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Sounds like another parasite picking the pocket of desperate agents who do not know how to market their services very well.

RUN!

Mar 30, 2016 11:23 AM
Rainmaker
955,541
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Never heard of them but any time I hear "upfront and monthly fee" the red flags start flapping...

 

Mar 30, 2016 10:54 AM
Rainmaker
1,716,018
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Upfront .... no thanks. Never dealt with them but thanks for the rip-off heads up.

Mar 30, 2016 09:12 AM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Sounds like Lead Sellers. 

Their consumer page uses a bait and switch "see how much you qualify for" page (it ultimately requires your name, address, email address, phone number).

No thank you.

Mar 30, 2016 08:32 AM
Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Based on fees alone I would say pass. I would think this could be an issue for a lender but folks far wiser than me may have other opinions

Mar 30, 2016 07:01 AM
Rainmaker
2,062,464
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

You got great answers. 

Dec 06, 2019 09:04 PM
Rainer
5,857
Jeff George, REALTOR
Keller Williams Corona - Corona, CA
Integrity & Honesty, Semper FI
DO NOT WORK WITH THIS COMPANY.
I would suggest no REALTOR EVER work with this organization... Downpayment.org has the worst customer service, is very unresponsive, inconsiderate and will charge your account even when you ask them to stop.
I have tried to get a phone call from the company for over 3 months, have made over 15 phone calls, sent over a dozen emails and even left voice mails with NAEA and anywhere else, NO 1 PHONE CALL.
When you talk to customer service if you have the slightest question outside of their little box they claim they will have someone call you back. They never will - EVER...
You can ask for their Manager, they are very nice "please hold" you wait about 1 min them they hang up on you.
We have file complaints (here in Calif) with CAR, DRE, however, we know these organizations do not regulate internet marketing. Our next step this week is to file a complaint with the FTC not sure how far that will go.
We have filed a CIVIL Court case locally but it will take months to resolve since they are not in California.
IF ANYONE IS LOOKING TO WORK WITH THESE GUYS, CALL ME... LET ME GIVE YOU THE REAL SCOPE . HERE IS MY NUMBER THEY NEVER WILL CALL IT BUT YOU CAN 951-678-9195...
Mar 26, 2019 01:07 PM
Rainmaker
1,635,442
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

If is smells as bad as this does, bury it and move on.

Mar 31, 2016 09:54 AM
Rainmaker
1,380,283
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Never heard of them, but if it looks, sounds and smells like a scam... it likely is.

Mar 31, 2016 03:01 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

parked and reading

Mar 30, 2016 11:35 PM
Rainmaker
1,456,727
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

David Cool Never heard of them. Save your money and do your own prospecting and lead generation.

Mar 30, 2016 11:31 PM
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

All i need to hear is upfront fee to know it is a scam, run, run fast, run far

Mar 30, 2016 11:04 PM
Ambassador
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Sounds like one of those run situations.

Mar 30, 2016 10:56 PM
Rainmaker
4,059,091
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I have not heard of them.  Upfront, monthly and a referral fee?  Hmm --- what a deal.  I'd pass.   

Mar 30, 2016 10:54 PM
Rainmaker
6,540,549
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I  am not familiar with this company.

Mar 30, 2016 10:51 PM
Rainmaker
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Richard Weeks
Dallas, TX
REALTOR®, Broker

Never  heard of them but I don't pay much attention to these type businesses.

Mar 30, 2016 10:42 PM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Not sure what they are supposed to do for you. And have never heard of them.

Mar 30, 2016 10:32 PM
Rainmaker
1,104,614
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

My litmus test for all lead generators is to send me 5 free leads then we'll talk. Not one has ever fulfilled that simple requirement of their "great" product.

Mar 30, 2016 07:26 PM
Rainmaker
634,272
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Haven't heard of them but the deal you described would be a loser for me.

Mar 30, 2016 07:08 PM
Rainmaker
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Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Cool name. Welcome back to ActiveRain.

Mar 30, 2016 03:06 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

David Cool - before you pay a dime to anyone, make sure they are  legit - which is what you are doing.

I have not  heard of them.

Mar 30, 2016 02:27 PM
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I've never heard of them.

Mar 30, 2016 11:14 AM
Ambassador
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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

never heard of them.

Mar 30, 2016 09:58 AM
Rainmaker
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FN LN
Toronto, ON

I am not familiar with them.

Mar 30, 2016 08:58 AM
Rainmaker
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Even before I read the comments I was wondering why on earth you would even want to check them out. Local lenders are always the best way to go.

Mar 30, 2016 08:43 AM
Rainmaker
1,715,027
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Referral fee: Yes
Upfront & Monthly fee:  No

If they are giving the claimed number of  legit referrals, they will make a boatload of money on referral fees.  They don't need the other fees.  

The lender is going to want to know where the downpayment came from and will factor into the loan.  Sounds dicey.  

I found this:  http://www.agentsonline.net/forums/ubbthreads.php/topics/449510/Downpayment_org.html 

Mar 30, 2016 06:41 AM