How to get real estate leads with LeadFellow?

What is Leadfellow and how does it work?

Leadfellow is a referral network software for sending and receiving real estate leads, these generation activities lead up to a quicker sales cycle. For example, a real estate agent refers a client to another real estate agent, who will then manage the client’s real estate transaction. If the transaction is made, they would be happy to reward their referrer for continuing to recommend.

The problem – there is quite difficult to get qualified in these real estate lead generation programs, there aren’t any upfront costs, however, you need to pay a significant closing fee to the program provider.

The solution – LeadFellow helps to understand to whom a recommendation was sent, what its status is, and what the status of those recommendations is – paid only a flat referral fee at closing.

So what’s so special about the real estate business?

In the field of real estate leads, the problem is often the existence of a property and the lack of a customer, or the existence of a customer, but the lack of a property. The so-called portfolio problem. Real estate agents could collaborate here and share their leads so that everyone benefits. I find a property for my client that is in your listing and you get a client and we split the commission as we agree or want. Many agents have successfully leveraged a referral network to sell homes.

Learn how to use real estate leads and turn chance encounters into cash flow

The right real estate lead makes all the difference. It does not matter if you are a new agent, you need to generate leads to kick off your career, to keep growing, and become a real estate professional. Today’s lead generation is a huge opportunity to grow your real estate business. No wonder we all have to take real estate lead generation pretty seriously, eh?

Luckily, that does not mean that acquiring real estate leads needs to be a heavy or difficult process.

LeadFellow – Lead Generation Software is built to bring warm buyer leads and warm seller leads into one real estate CRM. We are here to help you generate exclusive leads, fast!

Real estate agents want to:

As a lead sender -, you can pass leads to providers. If a deal is made between the provider and the lead, you will earn a commission and the provider gains a new client. A win-win-win situation, for real.

You can: send warm buyer leads and manage leads & earn a commission.

As a lead receiver, you can comfortably control and handle all your real estate leads from one place. You can easily keep track of your real estate seller leads, earnings, and commission payments.

You can: receive seller leads and manage your real estate leads & track your overall performance.

Oh! And invite other real estate professionals to do the real estate marketing for you by collaborating with your competitor.

No, really!

Yes, it sounds counter-intuitive. And you will thank us later.

Collaboration with real estate professionals actually is mutually beneficial. Instead of struggling alone, many agents do lead gen so they can grow the real estate business for both of you. So how does it work, exactly?

What makes LeadFellow so special for real estate agents?

Leadfellow’s mission is to help your real estate business to grow through higher lead conversions. By sharing seller leads and/or buyer leads with other real estate agents all the parties are winners. The client will be happy and you make a quick sale where you share the commission with another real estate agent. A win-win-win situation, for real.

A property selling or buying time frame may vary from days into months, sometimes years, and many properties can be found under expired listings as the right connection (or sale) was not made. Therefore lack of resources (money, staff, time) as the main factor getting in the way of successful real estate lead generation. LeadFellow does the job for you. As a tool, it was created to solve a real-life problem: how to close real estate leads, fast. This means that you don’t have to spend your days waiting for potential customers to contact you. As a fast and easy-to-use tool, LeadFellow makes it easy to obtain leads. How?

Lead sharing

Acquiring real estate leads is a strategic process requiring skill, effort, and connections. You know what they say – if you take your first step in the absolutely right direction, the rest is all about the pleasure of the journey. A lead sharing or a referral is an icebreaker, a conqueror of the first barrier, the remover of the first filter – you have quickly made your way to a point where it would otherwise take a long time to get to, why wait – when you – as a real estate agent can be proactive.

Referrals work so well in real estate lead generation because the demand and supply will be filled instantly. This also makes them the most common channel for real estate lead generation.

6 steps for generating leads fast with LeadFellow:

How does it all work?

LeadFellow gives you access to a referral software, topped with useful features designed to help you find new clients to keep your business growing. As an agent you can manage, send and accept leads. And close more leads, just like that.

You can sign up for LeadFellow both as a lead receiver and as a lead sender, and earn money with both roles. Think of LinkedIn. When you recommend someone, you will be recommended in return. LeadFellow works on the same principle: build relationships with referrers and become the one who refers others. It is a win-win situation. A win-win-win situation, even.

You can: manage your sales leads

The right personal connection makes all the difference. The National Association of Realtors (NAR) found that the lead conversion rate is 0.4% to 1.2%, which means if you are getting 400 leads, you might be able to convert four people into clients. There may be a variety of reasons why the leads are not converting, but those reasons are often not because of you.

You can: track your performance

As a lead receiver, you can easily keep track of your leads, earnings and commission payments.

Sharing is caring

Personal recommendations have become the strongest influencer on the 21st-century business landscape. Most real estate agents fail in their first year, according to research. Three common mistakes that agents make are inadequate prospecting, failing to market properties in ways that lead to fast sales, and not following up with clients.

Did you know that usually, you need to make at least six contact attempts? It takes a lot of time and manpower to initially make sure you are dealing with the right person. Acquiring leads is a strategic process that needs a lot of skill and effort. Most agents do not have enough quality leads to keep them competing in the market and for driving growth. So how can you beat the system?

Getting others to recommend you

As an efficient and clever tool for growing sales, LeadFellow connects potential clients to property representatives and helps you benefit from each other, split commissions. The acquired leads will help you put an end to wasting your marketing budget on effortless lead searches. And of course, to close leads more efficiently, quality before quantity – is the key to your success.

With massive lead generation getting more intricate and needing more in-depth understanding, finding prospective clients takes longer and longer. The result? Generating enough sales does not happen quickly enough. LeadFellow takes networking to the next level: connecting potential clients and potential buyers, where all the parties are winners. LeadFellow is smooth, easy, and not too complex, just like a perfect sale should be.

Helps you increase sales

What if you don’t have a marketing department to rely on a steady flow of inbound leads but still have to reach your quota?

When another real estate agents have a potential buyer and you have a suitable property, you will obtain a warm lead instead of a cold one. This is where your closing rates skyrocket. When you manage to close a deal with the warm lead, you both make a quick sale and split the commission. How sweet is that? Setting earnings before costs, LeadFellow is the highest closing rate sales tool for referral marketing.

Referral as a sales channel

To maximize the business potential of your current leads, you have most likely already developed a lead management process for your business. We are sure you have noticed that different lead-generation activities help you generate leads of different quality. Now it is your time to ask: how many of your current leads are quality leads and are you really gaining enough sales leads to grow?

Referrals are the best way to find prospective clients who need a property in your listing. Referrals are usually acquaintances, friends, clients, partners, other agents, etc. who often mention quality and satisfaction in their recommendations. In other words, LeadFellow helps to prequalify leads for you, leaving you more time to do the things you are passionate about.

Transform chance encounters into profitable relationships

If you want to read how to use LeadFellow as a main tool to close more sales leads and – it might still sound weird to hear it – collaborate with other agents so-called your competitors, read about the success of a digital marketing agency that used two referrers to boost their sales and grow their revenue.

Still in doubt? No need to be! There is nothing to lose. As a lead sender, you can use LeadFellow for free, forever. As a lead receiver, you will pay a fee only after you close your fabulous sale. So if you are not earning money yet, there are no expenses to cover.

And this is what we call turning chance encounters into cash flow!

Real Estate Leads Paid at Closing – 10 providers