Hello there!
I work primarily with REO's. Has anyone heard of flpit.com? I received an email from them, and they appear on the 1st page of SE, thought I would give it a try, but wanted to know if anyone else has had any experience with them?

Dee,

By and large, none of these lead generation sites are worth the money.

Why? They are in the business of getting agents to pay for the leads. They are not in the business of getting members of the public who are ready, willing and able to proceed with real estate deals.

That's why most people who subscribe grumble and grouse about the quality of the leads.

But, if you get lots of leads won't a few be decent? Maybe. But, if you spend your activity sorted out these leads you will have less time (and money) to spend on things that are infinitely more valuable --- talking to FSBOs, expired listings, farming a neighborhood, working your Sphere of Influence.

Agents tend to try and do 20 different things to do lead development. Big mistake. You'll spread yourself too thin and have limited results. Instead, pick 1, 2, or 3 methods and pursue them with fervor. That is what every significant producer does. Folks who don't produce tend to hop from method to method --- frustrated by their lack of success.

It's a free posting like Craigslist. I just haven't heard of them before, maybe they're new. But I don't have to pay.

The problem with most real estate lead generation companies is that they don't have the agents best interest in mind. I would recommend using a SEM or SEO specialist who can get you unique leads for your business. You can generally set the requirements that you would like for your leads such as refinance leads only, min. amount for loans, etc.

I was contacted by a lead generating company the other day. They offered to sell me the buyer leads from one zip code for $250/month. ONE ZIP CODE??? I said something very unladylike, "Holy c...!" He said, "Did I hear you right?" You sure did. Not happening. Sorry.

They are not on the first page for any search terms that might help you sell your properties. It looks like a new site and once they get some strength they will start charging someone for something.