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#229379 - 05/29/08 09:38 AM Red Book listing is it worth it?
PhoneBob.com Offline
Member

Registered: 08/18/07
Posts: 62
Loc: CA
The DS News Red Book listing are coming soon.
Has anyone paid to be included and did you get any listings from it?

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#229381 - 05/29/08 09:41 AM Re: Red Book listing is it worth it? [Re: PhoneBob.com]
RecoveringREAgnt Offline
Veteran Member

Registered: 03/26/08
Posts: 933
Loc: Los Angeles, CA REO Capital
Bob, I called one of my buddies who is a Big REO LA and said, he got assignments from them.

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#229406 - 05/29/08 11:43 AM Re: Red Book listing is it worth it? [Re: RecoveringREAgnt]
FIJIMAN Offline
Veteran Member

Registered: 12/19/05
Posts: 535
Loc: Orange County, California
Got the email, and deleted figuring it was one of the hundreds of attempts to get my marketing $$$.

Any idea how much a listing is? Probably area specific. Just curious, I may undelete.

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#229421 - 05/29/08 12:43 PM Re: Red Book listing is it worth it? [Re: FIJIMAN]
colemacj Offline
Member

Registered: 09/29/07
Posts: 96
Loc: CA
Fiji, I spoke to a rep who said the cost was "around" 1,300 and we could talk more specifics when I make a commitment. I am really considering it along with the conference in Sept. I figure that 1,000 for a year would probably be better spent than $80 per month on the yellow pages which other agents in my office have signed up for.

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#229425 - 05/29/08 12:53 PM Re: Red Book listing is it worth it? [Re: colemacj]
Concepts05 Offline
Veteran Member

Registered: 12/21/05
Posts: 1477
Loc: MA
Originally Posted By: colemacj
Fiji, I spoke to a rep who said the cost was "around" 1,300 and we could talk more specifics when I make a commitment. I am really considering it along with the conference in Sept. I figure that 1,000 for a year would probably be better spent than $80 per month on the yellow pages which other agents in my office have signed up for.


Are you sure he meant $1300 a YEAR?

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#229427 - 05/29/08 12:56 PM Re: Red Book listing is it worth it? [Re: Concepts05]
FIJIMAN Offline
Veteran Member

Registered: 12/19/05
Posts: 535
Loc: Orange County, California
That is still a lot unless I hear other feedback. Of course if it works that great Im sure nobody wants to encourage more agents.

I've killed all my online and print newspaper ads and will be redirecting that money towards generating REO business.

Concept, you thinks it's $1300 a month? That seems crazy

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#229428 - 05/29/08 12:57 PM Re: Red Book listing is it worth it? [Re: FIJIMAN]
TB in TX Offline
Major Contributor

Registered: 08/16/07
Posts: 2813
Loc: X
If it is an annual publication, they would quote annual rates. It would be crazy to quote monthly rates for an annual publication.

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#229432 - 05/29/08 01:03 PM Re: Red Book listing is it worth it? [Re: TB in TX]
RecoveringREAgnt Offline
Veteran Member

Registered: 03/26/08
Posts: 933
Loc: Los Angeles, CA REO Capital
I just spoke with them! They are offering a package for about what colemajc said. This package will include the Five Star conference and the DSNews magazine along with your information in their site for AM's to find you for a the whole year.

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#229442 - 05/29/08 01:47 PM Re: Red Book listing is it worth it? [Re: RecoveringREAgnt]
HUDLover Offline
Veteran Member

Registered: 11/20/07
Posts: 1404
Loc: Land of comps and drive by's.....
What was the cost Recovering? Did they give you a time frame to subscribe?
_________________________
Nothing in the world can take
the place of persistence.
Talent will not. Genius will not.
Education will not.
Persistence and determination
alone are omnipotent.

Calvin Coolidge

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#229477 - 05/29/08 03:06 PM Re: Red Book listing is it worth it? [Re: HUDLover]
jbt4re Offline
Major Contributor

Registered: 03/04/07
Posts: 1801
Loc: SWI
I spoke with rep who called me and she quoted me $1,390. Still thinking about it, but curious too if anyone else has actually done it in the past and gotten anything from it.
_________________________




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#229521 - 05/29/08 06:49 PM Re: Red Book listing is it worth it? [Re: jbt4re]
Retsof Yor Offline
Veteran Member

Registered: 12/03/05
Posts: 692
Loc: South Central Kansas
I checked into the links provided on email. They did not all work on their website when I tested it in my state so I told them about it last week. Today the rep calls and offers the $1390 and I tell her its too steep for what I see. She then says well how about $1100? I ask her why she quoted me $1390? She said thats what we are supposed to say. I told thanks but no.
_________________________
Roy J Foster, KS Lic #BR0039462
R J Foster & Assoc., LLC
Cert. A*REO Agent
Cert. FHA Inspector ID G551
Cert. FHA 203K Consultant ID D0631
Cert. FHA LBP Maintenance Supvr ID 7534
Cert. Vendor Resource Management REO Specialist
316-771-7419
http://www.investment-properties.org

"I am only as strong as the coffee I drink and the hairspray I use."

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#229526 - 05/29/08 07:09 PM Re: Red Book listing is it worth it? [Re: Retsof Yor]
sybadon Offline
Veteran Member

Registered: 04/11/06
Posts: 631
Loc: Earth
Got the same email , that is steep to me ... and there are some local people signed up on my end...

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#229604 - 05/30/08 01:24 AM Re: Red Book listing is it worth it? [Re: sybadon]
Gman Offline
Member

Registered: 04/05/07
Posts: 419
One listing from the ad would pay for the fee, but I am going to think about it. Even one good lead that resulted in a listing would be worth it, but I'm still thinking about it. It seems like alot of money up front but it may be better than the directories that are bleeding me slowly for approx. $15.00 per month and never produce anything, but I need to think about it. I've now thought about it and all the REO listings are gone. I guess I'll wait until the next cycle. Goodbye, see ya in 12 years.

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#229615 - 05/30/08 06:42 AM Re: Red Book listing is it worth it? [Re: FIJIMAN]
Concepts05 Offline
Veteran Member

Registered: 12/21/05
Posts: 1477
Loc: MA
Originally Posted By: FIJIMAN
That is still a lot unless I hear other feedback. Of course if it works that great Im sure nobody wants to encourage more agents.

I've killed all my online and print newspaper ads and will be redirecting that money towards generating REO business.


Concept, you thinks it's $1300 a month? That seems crazy


Yes, $1300 a month would be crazy.

However, $80 a month just doesn't seem to be enough for all the exposure it would give. It would seem an ad in Red Book would add tons of credibility.

You guys really think its steep compared to some of the other stuff we spend $ on?

It's more than I want to come up with right now as I assume they want it all at once...but I'm thinking - breaking it down to $80 a month just doesn't seem that bad.

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#229619 - 05/30/08 07:21 AM Re: Red Book listing is it worth it? [Re: Concepts05]
A & M Team Properties, Inc. Offline
Member

Registered: 12/19/05
Posts: 478
Loc: Eastern United States
I do it, haven't seen anything in return. I also paid less than you were quoted, you can talk them down. I paid about $900. I have been doing it for about 6 months. I will probably do it for another year just to see if it produces. In the long run it was cheaper than anything else I was doing, and targets exactly who I want to see my name.

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