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Mortgage Leads in Canada
Does anybody have any experience? Selling, buying?

5+ Year Member

Msg#: 5219 posted 7:07 pm on Sep 13, 2005 (gmt 0)

Hello everybody.

Wondering if anybody had some experience with the subject.

Especially I have the following questions:

1. What's the price mortgage leads could be sold at?

2. How are they sold usually - do you get paid when the deal is closed or you just get paid for the lead and then it's up to merchant to close it or drop it but you get paid anyway? What would be the reasonable price in both cases?

3. Does anybody on this board have mortgage-related website and if one does, how does it work for him? Is traffic targeted? How active are such visitors?

The reason I'm asking is I have a few mortgage brokers that might be interested in buying leads, but it's only smalltalk mostly; although if the price is right, why not? May be I could even afford to buy leads in bulk, if anyone knows where...

I think about this idea a lot, what do you guys have to say about it?

Thanks in advance, Nefig


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