Leadco Out Of Business ?

[somarco]

It's Allatoona.

Not to be confused with Altoona, PA

 

[indmedins]

I haven't had much lead flow with Leadco in quite a while, caught this post and see I am not the only one experiencing a dropoff in leads. I put a support request in and received a callback from Kevin at Leadco.

He told me there has been a "high demand" for these leads lately in Florida and I wasn't paying a high enough price point for my leads.

He went on to say, some agents are paying a buck or two more than I am, so the only way for me to get leads will be to increase my price per lead. Nearly fell off my chair. The last thing I want to do is pay another two bucks for prospects that just came off the banana boat.

Apparently, the new system will be a bidding system. I understand it's good business practice for the bottom line to send more leads to the highest paying party, however, it would have been nice to know about this priority system in advance. Glad I am not on auto-rebill. It really doesn't matter as I probably won't be getting another lead anyway since I am not paying enough.

 

[CHUMPS FROM OXFORD]

I still have not heard from them. I sent them numerous emails and left some messages.

I sense they are either very disorganized.

One other thing...They say they target the "self-employed." Based on my experience and a few others I talked to, the percentage of their leads that are SE are no higher than anybody else. Very low, in fact.

When you attempt to contact them on the site (via email) you get this:

Site error: the file C:\Websites\Leadco.biz\support\swift.php requires the ionCube PHP Loader ioncube_loader_win_5.2.dll to be installed by the site administrator

 

[indmedins]

I submitted a support ticket bottom left of the webpage, click the image for support ticket. You can post an email to them. Kevin got back to me today. I put the request in Saturday. Maybe your not paying enough per lead to get support. LOL.

SE my %ss. Most of my leads hardly speak English. More like unemployed.

 

[Jerry Tibbs]

Re: Leadco...out Of Business???

Hey STI,

Aren't you the same guy who was spouting off about this business being "recession proof?"

Yeah...that was you buddy.

LOL....You've been cold stoned busted! (DA)

...yeah...you better get your a** on the treadmill and drop that waste size.

Or Switch from that cheap "Bush" beer...to the cheaper brand of "Blue Ribbon!"

Haha....next time...think before opening your mouth (oh wait...that would require someone with a brain...ah...sorry...ok....forget the last request).

yea.....I have gone down a notch....sweating my butt off on that skateboard has me dropping a few....

 

[Guest]

Actually this is how it works:

You pay $13.95 for an exclusive lead. That same lead can possibly sell 2 times as shared for $8.95 a pop. That would make the company $17.90, who do you think the computer calculates the sale in favor of?

"numbers used are as examples only, actual dollar amounts vary"

I haven't had much lead flow with Leadco in quite a while, caught this post and see I am not the only one experiencing a dropoff in leads. I put a support request in and received a callback from Kevin at Leadco.

He told me there has been a "high demand" for these leads lately in Florida and I wasn't paying a high enough price point for my leads.

He went on to say, some agents are paying a buck or two more than I am, so the only way for me to get leads will be to increase my price per lead. Nearly fell off my chair. The last thing I want to do is pay another two bucks for prospects that just came off the banana boat.

Apparently, the new system will be a bidding system. I understand it's good business practice for the bottom line to send more leads to the highest paying party, however, it would have been nice to know about this priority system in advance. Glad I am not on auto-rebill. It really doesn't matter as I probably won't be getting another lead anyway since I am not paying enough.

 

[indmedins]

Actually this is how it works:

You pay $13.95 for an exclusive lead. That same lead can possibly sell 2 times as shared for $8.95 a pop. That would make the company $17.90, who do you think the computer calculates the sale in favor of?

"numbers used are as examples only, actual dollar amounts vary"

Yeah Rob. That's fine. I just wish I knew those were the rules. I was under the assumption, I was getting leads at a certain amount and wasn't aware I had to pay more in order to receive leads.

What is happening at leadco is if I pay $14.95 for an exclusive lead and another agent is paying $17 per exclusive, all the leads are going to the other agent. I didn't know that, that's all.

 

[Guest]

I know, I was just saying for others as well, also not condoning it, just informing.

Yeah Rob. That's fine. I just wish I knew those were the rules. I was under the assumption, I was getting leads at a certain amount and wasn't aware I had to pay more in order to receive leads.

What is happening at leadco is if I pay $14.95 for an exclusive lead and another agent is paying $17 per exclusive, all the leads are going to the other agent. I didn't know that, that's all.

 

[retread]

It's Allatoona.

Not to be confused with Altoona, PA

The last time I saw Allatoona, it was all dried up. Did they ever get any rain, or wasn't it a rainy night in Georgia?

Sorry... I love that song.

All seriousness aside, I used to swim in Allatoona when I was a kid (back in the 50s). Even then, it was muddy.

 

[indmedins]

I know, I was just saying for others as well, also not condoning it, just informing.

Just to add...I don't have a problem with the lead source other than feeling I am less of a valued customer for underpaying. If it's $17 a lead for exclusive or $7 shared, so be it. Just let us know the prices are non-negotiable.

The demographic I like to reach is not there for me with leadco, but I have a positive ROI with them and the credits are fair as well as satisfactory customer service. I, for one, have not had any problems receiving a speedy reply to my emails from them either.