Selling leads to Real Estate investors - I need some advice on this "make money today" strategy
I recently saw an amazing video of a guy showing 4 different and out of the box ways of making big money today.
The one strategy that really caught my attention was the one where I would put some neon yellow hand written signs in high trafficked areas in my city to generate some real estate leads and then sell them for $50 bucks each to real estate investors plus I arrange a deal where I would get 20% of what they would get on the back end when they close the deal.
It seems like an incredible way to make money quickly today especially if I work with various real estate investors all over the country and keep them all busy.
But you know, I thought, instead of putting all those signs everywhere, why not just search on Google for real estate lead generation specialists and let them do what they're best at doing and just buy those already generated leads instead of running around putting up signs?
It's just like when we need milk, we can either make it ourselves or just buy it at the grocery store.
Then what I would do next is contact all the real estate investors who are advertising on Google adwords to resell those leads to them at around $50 each.
Would it be this simple? am I missing something here?
I would approach them with something like, "I have about 20 people right now that want to sell their houses, should I send them to you?" or something like that.
I would be jv brokering all this.
Now I'm wondering how to set this up... I know it must be simpler than I'm thinking.
I would set it up so the real estate investor pays me up front for the leads (via Paypal for now) so I can then purchase the leads from the lead generator. No money would come out of my pocket, it would all come out of my profit.
Regarding the 20% I would also get from them if they close the deal, how would I track that? and I imagine I would need a contract?
Thanks again in advance!
All the best,
Zayne
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