Real estate lead generation is essential for realtors who want to build their businesses and establish themselves in the industry. In today's digital age, there are various platforms available that can help generate leads for real estate agents. In this blog post, we'll explore the top 10 real estate lead generation websites that can help realtors generate more leads and grow their businesses. Let's get started!
1. Zillow Premier Agent
Zillow Premier Agent is a popular platform that connects real estate agents with potential clients who are looking to buy, sell, or rent properties. Here are some of the pros and cons of using Zillow Premier Agent:
Pros:
- Huge reach: Zillow is one of the most popular real estate websites in the US, with millions of visitors every month.
- Highly targeted leads: Zillow Premier Agent's algorithm matches agents with leads that match their expertise and service area, increasing the chances of closing deals.
- Advanced analytics: Zillow Premier Agent provides detailed analytics that allow agents to track their performance and adjust their strategies accordingly.
Cons:
- High competition: Since Zillow Premier Agent is so popular, there's a lot of competition for leads, which can make it challenging for newer agents to stand out.
- High cost: Zillow Premier Agent's pricing can be expensive, with some agents reporting spending over $10,000 per month on the platform.
- Limited customization: Zillow Premier Agent's branding options are limited, which can make it challenging for agents to differentiate themselves from their competitors.
Who should use it and why:
Zillow Premier Agent is best suited for established agents who have the budget to invest in lead generation and are looking to expand their reach and grow their business.
Cost and pricing options:
Zillow Premier Agent offers a variety of pricing options, including cost per impression (CPI), cost per click (CPC), and cost per lead (CPL). The cost per lead varies depending on the location and competition, but can range from $20 to $200 per lead.
2. LettrLabs
LettrLabs is a marketing company that specializes in helping real estate agents grow their business with high quality real estate leads. They do this with an innovative approach to direct mail outreach, utilizing handwritten direct mail written by their own proprietary robotics. The reason why they use handwritten direct mail is that is unique and stand out from all other marketing, which as a result makes it significantly more effective. Would you rather do the exact same thing all of your competition is doing or stand out and be memorable? As a result LettrLabs delivers an average 10x ROI on its direct mail outreach, meaning that you'll be able to get more leads, close more deals, and be the top real estate agent in your area. Their handwritten and printed direct mail works great for getting new clients, creating lasting relationships, and getting more referral business from past clients.
Pros:
- Their handwritten direct mail is affordable, easy to use, and converts more prospects into listings than any other medium
- They create their own prospecting lists custom made for you
- Handwritten direct mail is unique and works well to convert cold prospects into listings
Cons:
- Direct mail marketing is an investment and takes up front capital to get an ROI on your investment
Who should use it and why:
Any real estate agent or broker should use LettrLabs to grow their listings and increase the revenue for their business. Typically those who do direct mail campaigns invest in multiple campaigns on an ongoing basis, as a result you're always marketing yourself and never stop your lead funnel.
Cost and pricing options:
LettrLabs handwritten direct mail costs an average of $1.50 per piece including postage! With an average 5% response rate you would be looking at $30 per lead, which is significantly cheaper than most other marketing mediums! Learn more about LettrLabs.
2. Realtor.com
Realtor.com is a popular real estate website that allows agents to connect with potential clients and showcase their properties. Here are some of the pros and cons of using Realtor.com:
Pros:
- High-quality leads: Realtor.com's leads are often more qualified than those from other platforms, as users are required to register before accessing listings.
- Excellent branding options: Realtor.com allows agents to showcase their brand and listings, which can help them stand out from their competitors.
- Affordable pricing: Realtor.com's pricing is competitive and often less expensive than other platforms.
Cons:
- Limited reach: While Realtor.com is a popular website, it's not as widely used as Zillow, which can limit the number of leads agents receive.
- Limited customization: Realtor.com's branding options are somewhat limited, which can make it challenging for agents to differentiate themselves from their competitors.
- Lack of advanced analytics: Realtor.com's analytics are somewhat limited, which can make it challenging for agents to track their performance and adjust their strategies accordingly.
Who should use it and why:
Realtor.com is best suited for agents who are looking for affordable lead generation options and want to showcase their brand and listings to potential clients.
Cost and pricing options:
Realtor.com offers a variety of pricing options, including cost per click (CPC) and cost per impression (CPI). The cost per lead varies depending on the location and competition, but can range from $20 to $30 per lead.
3. Redfin
Redfin is a real estate brokerage that offers a variety of services to agents, including lead generation. Here are some of the pros and cons of using Redfin:
Pros:
- Quality leads: Redfin's leads are often high-quality, as users are required to register before accessing listings.
- Commission discounts: Redfin offers discounts on commissions for agents who generate leads through the platform.
- Advanced analytics: Redfin provides detailed analytics that allow agents to track their performance and adjust their strategies accordingly.
Cons:
- Limited reach: Redfin is not as widely used as other platforms, which can limit the number of leads agents receive.
- High competition: Since Redfin offers commission discounts, there's a lot of competition for leads, which can make it challenging for agents to stand out.
- Limited branding options: Redfin's branding options are limited, which can make it challenging for agents to differentiate themselves from their competitors.
Who should use it and why:
Redfin is best suited for agents who are looking for high-quality leads and are willing to offer commission discounts in exchange for them.
Cost and pricing options:
Redfin's pricing is commission-based, and the commission varies depending on the location and competition.
Call to action:
While Redfin is a great platform for generating leads, it's important to have a well-rounded lead generation strategy that includes both digital and traditional methods. LettrLabs can help real estate agents create personalized direct mail campaigns that reach their target audience and generate quality leads.
4. Trulia
Trulia is a real estate website that allows agents to connect with potential clients and showcase their properties. Here are some of the pros and cons of using Trulia:
Pros:
- Large user base: Trulia is one of the most popular real estate websites in the US, with millions of visitors every month.
- Advanced analytics: Trulia provides detailed analytics that allow agents to track their performance and adjust their strategies accordingly.
- Affordable pricing: Trulia's pricing is competitive and often less expensive than other platforms.
Cons:
- High competition: Since Trulia is so popular, there's a lot of competition for leads, which can make it challenging for agents to stand out.
- Limited branding options: Trulia's branding options are somewhat limited, which can make it challenging for agents to differentiate themselves from their competitors.
- Limited customization: Trulia's customization options are somewhat limited, which can make it challenging for agents to tailor their strategies to their target audience.
Who should use it and why:
Trulia is best suited for agents who are looking for affordable lead generation options and want to expand their reach to a large audience.
Cost and pricing options:
Trulia offers a variety of pricing options, including cost per click (CPC) and cost per impression (CPI). The cost per lead varies depending on the location and competition, but can range from $20 to $30 per lead.
5. Homes.com
Homes.com is a real estate website that allows agents to connect with potential clients and showcase their properties. Here are some of the pros and cons of using Homes.com:
Pros:
- Advanced branding options: Homes.com allows agents to customize their branding options extensively, which can help them stand out from their competitors.
- Affordable pricing: Homes.com's pricing is competitive and often less expensive than other platforms.
- Quality leads: Homes.com's leads are often high-quality, as users are required to register before accessing listings.
Cons:
- Limited reach: Homes.com is not as widely used as other platforms, which can limit the number of leads agents receive.
- Limited customization: Homes.com's customization options are somewhat limited, which can make it challenging for agents to tailor their strategies to their target audience.
- Lack of advanced analytics: Homes.com's analytics are somewhat limited, which can make it challenging for agents to track their performance and adjust their strategies accordingly.
Who should use it and why:
Homes.com is best suited for agents who are looking for affordable lead generation options and want to showcase their branding options extensively.
Cost and pricing options:
Homes.com offers a variety of pricing options, including cost per click (CPC) and cost per impression (CPI). The cost per lead varies depending on the location and competition, but can range from $20 to $30 per lead.
6. BoldLeads
BoldLeads is a lead generation platform that offers exclusive leads to real estate agents. Here are some of the pros and cons of using BoldLeads:
Pros:
- Exclusive leads: BoldLeads offers exclusive leads to agents, which can increase the chances of closing deals.
- Advanced automation: BoldLeads provides automated follow-up systems that help agents nurture leads and increase conversion rates.
- Quality leads: BoldLeads' leads are often high-quality, as users are required to provide detailed information before accessing listings.
Cons:
- High cost: BoldLeads' pricing can be expensive, with some agents reporting spending over $3,000 per month on the platform.
- Limited customization: BoldLeads' customization options are somewhat limited, which can make it challenging for agents to tailor their strategies to their target audience.
- Limited reach: BoldLeads is not as widely used as other platforms, which can limit the number of leads agents receive.
Who should use it and why:
BoldLeads is best suited for agents who are looking for high-quality, exclusive leads and are willing to invest in lead generation.
Cost and pricing options:
BoldLeads offers a variety of pricing options, including a monthly subscription fee and a pay-per-lead option. The cost per lead varies depending on the location and competition, but can range from $200 to $500 per lead.
7. Offrs
Offrs is a predictive analytics platform that uses data to generate leads for real estate agents. Here are some of the pros and cons of using Offrs:
Pros:
- Predictive analytics: Offrs uses data analysis to predict which homeowners are most likely to sell their homes, increasing the chances of closing deals.
- Quality leads: Offrs' leads are often high-quality, as the platform uses a proprietary algorithm to identify potential sellers.
- Advanced analytics: Offrs provides detailed analytics that allow agents to track their performance and adjust their strategies accordingly.
Cons:
- High cost: Offrs' pricing can be expensive, with some agents reporting spending over $2,000 per month on the platform.
- Limited customization: Offrs' customization options are somewhat limited, which can make it challenging for agents to tailor their strategies to their target audience.
- Limited reach: Offrs is not as widely used as other platforms, which can limit the number of leads agents receive.
Who should use it and why:
Offrs is best suited for agents who are looking for high-quality, predictive leads and are willing to invest in lead generation.
Cost and pricing options:
Offrs offers a variety of pricing options, including a monthly subscription fee and a pay-per-lead option. The cost per lead varies depending on the location and competition, but can range from $200 to $500 per lead.
8. Zoho CRM
Zoho CRM is a customer relationship management platform that allows real estate agents to manage their leads and clients. Here are some of the pros and cons of using Zoho CRM:
Pros:
- Advanced lead management: Zoho CRM provides advanced lead management tools that allow agents to track and nurture their leads.
- Affordable pricing: Zoho CRM's pricing is competitive and often less expensive than other platforms.
- Customizable: Zoho CRM is highly customizable, which allows agents to tailor their strategies to their target audience.
Cons:
- Limited lead generation: Zoho CRM is not a lead generation platform, but a lead management platform, so agents will need to generate leads from other sources.
- Limited branding options: Zoho CRM's branding options are somewhat limited, which can make it challenging for agents to differentiate themselves from their competitors.
- Limited customization: While Zoho CRM is customizable, it can be challenging for agents to navigate the platform and set up their systems.
Who should use it and why:
Zoho CRM is best suited for agents who have a steady stream of leads and are looking for a platform to manage and nurture their leads.
Cost and pricing options:
Zoho CRM offers a variety of pricing options, including a free version and a variety of paid plans. The paid plans range from $12 to $100 per user per month.
9. Real Geeks
Real Geeks is a lead generation platform that offers a variety of tools to help real estate agents generate and manage leads. Here are some of the pros and cons of using Real Geeks:
Pros:
- Quality leads: Real Geeks' leads are often high-quality, as the platform uses a variety of data sources to generate leads.
- Advanced lead management: Real Geeks provides advanced lead management tools that allow agents to track and nurture their leads.
- Customizable: Real Geeks is highly customizable, which allows agents to tailor their strategies to their target audience.
Cons:
- High cost: Real Geeks' pricing can be expensive, with some agents reporting spending over $1,000 per month on the platform.
- Limited branding options: Real Geeks' branding options are somewhat limited, which can make it challenging for agents to differentiate themselves from their competitors.
- Limited reach: Real Geeks is not as widely used as other platforms, which can limit the number of leads agents receive.
Who should use it and why:
Real Geeks is best suited for agents who are looking for high-quality, customizable leads and are willing to invest in lead generation.
Cost and pricing options:
Real Geeks offers a variety of pricing options, including a monthly subscription fee and a pay-per-lead option. The cost per lead varies depending on the location and competition, but can range from $20 to $30 per lead.
10. Facebook Ads
Facebook Ads is a digital advertising platform that allows real estate agents to target potential clients based on demographics, interests, and behaviors. Here are some of the pros and cons of using Facebook Ads:
Pros:
- Targeted advertising: Facebook Ads allows agents to target potential clients based on demographics, interests, and behaviors, which can increase the chances of closing deals.
- Affordable pricing: Facebook Ads' pricing is competitive and often less expensive than other platforms.
- Customizable: Facebook Ads is highly customizable, which allows agents to tailor their strategies to their target audience.
Cons:
- Limited branding options: Facebook Ads' branding options are somewhat limited, which can make it challenging for agents to differentiate themselves from their competitors.
- Limited reach: Facebook Ads' reach is limited to Facebook users, which may not include all potential clients.
- Limited lead generation: While Facebook Ads can generate leads, it's not a lead generation platform and requires a strategic approach to generate quality leads.
Who should use it and why:
Facebook Ads is best suited for agents who are looking for targeted advertising options and want to expand their reach to a large audience.
Cost and pricing options:
Facebook Ads offers a variety of pricing options, including a cost per click (CPC) and cost per impression (CPI). The cost per lead varies depending on the location and competition, but can range from $20 to $30 per lead.
Conclusion
Generating real estate leads is essential for any successful real estate agent, and there are many platforms and strategies available to help. While digital platforms like Realtor.com, Redfin, Trulia, Homes.com, BoldLeads, Offrs, Real Geeks, and Facebook Ads can generate leads, it's important to have a well-rounded lead generation strategy that includes both digital and traditional methods.
LettrLabs can help real estate agents create personalized direct mail campaigns that reach their target audience and generate quality leads. By combining digital platforms with personalized direct mail, real estate agents can create a comprehensive lead generation strategy that maximizes their chances of success.
Don't limit your lead generation strategy to just one platform. Try out multiple platforms and see which ones work best for your business. And don't forget the power of personalized direct mail. LettrLabs can help you create a direct mail campaign that gets results.
Contact LettrLabs today to learn how we can help you create personalized direct mail campaigns that generate quality leads for your real estate business.