Cold Calling Versus Pay Per Lead: A Cost Comparison Study

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  • Опубликовано: 31 янв 2025

Комментарии • 49

  • @MichaelHopkinsREI
    @MichaelHopkinsREI 2 дня назад +2

    I cold called for years. Last year I switched to PPL / PPC exclusively because of your podcast. Night and day difference. $41k net in the last 45 days from first call to the closing table…during the holidays no less…and I’m literally a one man show. Great breakdown. Thanks RJ, Cassi and Team. Keep ‘em coming! 👊🏻

    • @RJBatesIII
      @RJBatesIII  2 дня назад +1

      Love this! We need you in TU, Brother! 🦾🦾🦾

  • @AustinFinnern
    @AustinFinnern 2 дня назад +2

    My 8th deal just closed today. All of my deals other than my first which was a FSBO, and one JV deal, they have all been from SMS. I’ve been blasting out 20k messages per month for the last 5 months. Doing all that and trying to keep up with all the leads myself is exhausting! Between being tired of texting and the new one to one consent law that was supposed to go into effect, I decided it was time to find another lead source. After a lot of research and watching many of your videos, I decided to try I speed to lead. I signed up for the annual coupon club yesterday and got $900 in free credits. I think it’s going to completely change everything for me! I think I will be able to do 2-3x as many deals, and only spend a fraction of the time!

    • @RJBatesIII
      @RJBatesIII  2 дня назад +1

      So, you're literally on the RJ Bates III wholesaling lead generation path! 🤣🤣🤣
      I used to be known as the texting guy. All he does is text. Now, everyone calls me the PPL guy. You're going to love it, Brother! Id love to have you inside of TU so we can help you succeed with this transition.

    • @richc.1384
      @richc.1384 9 часов назад +1

      Good deal. What platform are you using for your text blast?

    • @AustinFinnern
      @AustinFinnern 5 часов назад

      @@RJBatesIII I’ve been watching a ton of your videos! I’ve learned so much from you over the last week or 2. I will probably go ahead and join Titanium U very soon!

  • @GPIkonomov
    @GPIkonomov 2 дня назад +3

    For me, the biggest thing was how much mental energy it required to get to a decent conversation with the Cold Called leads, or.. I should say "leads". For those who still argue that Cold Calling in Real Estate is a good for a long term business... keep cold calling.
    Great editing work Jordan.

    • @RJBatesIII
      @RJBatesIII  2 дня назад

      🤣🤣🤣 You're such a savage, Bro

  • @chrissteele8800
    @chrissteele8800 2 дня назад

    Also if you were gona spend 1k a month in calling. Would you still do ppl at only 1k a month. Or cold call.

  • @ILoveRevivalTv
    @ILoveRevivalTv 2 дня назад +1

    Can you create a video on wholesaling to buy and hold investors? (I’m looking for how to run the numbers)

    • @RJBatesIII
      @RJBatesIII  2 дня назад +1

      Have you checked out our Titanium Profits course?
      www.kingclosersformula.com/titaniumprofits

  • @DailyMotivation800
    @DailyMotivation800 2 дня назад +4

    But when cold calling you can pick your a specific market. There might not be 160 coupon club leads in the area you're working. Cold calling is better long term. Plus half of the coupon club leads were generated with a cold call

    • @RJBatesIII
      @RJBatesIII  2 дня назад +5

      You can pick your specific market with PPL too. In fact, it gives you more power because you can choose which leads to purchase and which ones you want to avoid. We have cold called for a decade, we have done PPL for 4 years. Respectfully, I disagree that cold calling is better. The management, quality assurance and training required to maintain consistent results with cold calling in comparison to PPL where I can just focus on being good at closing and wholesaling tactics.

    • @DailyMotivation800
      @DailyMotivation800 2 дня назад +3

      @ I signed up for ispeedtolead after watching your videos. They only had 30 coupon club leads in the Denver metro area. Only 18 were good leads. Maybe PPL would be good if you’re doing virtual wholesale but it doesn’t work in Denver.

    • @RJBatesIII
      @RJBatesIII  2 дня назад +3

      If you want leads in a specific market, you can do fixed price mode. Or, you could utilize the other resources like LeadZolo or PropertyLeads for Denver.
      JW Epstein is in Amarillo, Texas and crushing it with PPL. If he can do it there, it can be done in Denver.

    • @DailyMotivation800
      @DailyMotivation800 2 дня назад +2

      @ true! But then you’re paying $200 per lead not $29 per lead. If you do the math at $200 per lead it’s much cheaper to cold call.

    • @RJBatesIII
      @RJBatesIII  2 дня назад +4

      Again, I disagree with proof. Fresh, exclusive leads we close at a rate of 1 out of 7-10 not 1 out of 25. Now, I do not limit myself to 1 market so I never pay $200 a lead. I am closer to $50-$75 for an exclusive lead. I, also, only pay $9 for coupon club leads because I am grandfathered in.

  • @Mylesm21
    @Mylesm21 2 дня назад +1

    But what about the roi on both cold calling and ppl, what are the metrics on that?

    • @RJBatesIII
      @RJBatesIII  2 дня назад +2

      I did both since 2021 until the end of 2024. I just stopped cold calling. Energy suck for us to continue to cold call when we have PPL at our fingertips.

  • @nicholashenry5
    @nicholashenry5 День назад +1

    Starting fresh with very little capital wouldn’t you agree though that cold calling is better than PPL

    • @RJBatesIII
      @RJBatesIII  День назад

      Absolutely not

    • @richc.1384
      @richc.1384 8 часов назад

      It's not better but cold calling is still a good way to source leads for sure

  • @JaredHettler
    @JaredHettler 2 дня назад +1

    Which do you like to call more between fresh exclusive PPL and coupon club?

    • @RJBatesIII
      @RJBatesIII  2 дня назад +1

      Obviously fresh but people complain about the money so we tell you to start with coupon club and graduate up

    • @jaredhettler8572
      @jaredhettler8572 2 дня назад +1

      ​@@RJBatesIII that makes total sense. At what point do you think is best to transition into fresh?
      I've been doing coupon club this week and am loving it. I'm used to cold calling so this is light years better.

    • @RJBatesIII
      @RJBatesIII  2 дня назад +2

      I'd suggest going to fixed price mode next when you can afford 1 out of 15 closing.

    • @jaredhettler8572
      @jaredhettler8572 2 дня назад

      ​@@RJBatesIIIRoger that! If the goal is still $1M, how much do you recommend having to start price fixed mode?

  • @audiluck7660
    @audiluck7660 2 дня назад +2

    RJ Bates We need you to do a live calling IS2L "predictive AI call" .everyone i know is struggling with those type of lead. to a point where we don't think it's possible to convert.and you're the best closer so you are our hope to show how its done. it will give us confidence and everyone benefits

    • @RJBatesIII
      @RJBatesIII  2 дня назад +3

      This got brought up in TU, I opened my Speed to Lead and the first 6 leads were AI Cold Calls, 2 were closed....

    • @audiluck7660
      @audiluck7660 2 дня назад +1

      @@RJBatesIII need a video 😅😂

    • @RJBatesIII
      @RJBatesIII  2 дня назад +1

      I do it live all the time. Just go watch me close Speed to Lead and you'll see me buy them and close them.

  • @chrissteele8800
    @chrissteele8800 2 дня назад

    RJ about how many deals u close a month with PPL. also like ur content man. One of my favorite.

  • @seymonetko1958
    @seymonetko1958 2 дня назад +2

    Is the metric for closing on PPL, 1 out of every 25 LEADS OR 1 out of every 25 OFFERS? I think that distinction makes a difference because if you haven't developed your skillset enough to get the seller on the phone and guide the call to make a good offer, then it's going to take you much longer. Do you agree?

    • @RJBatesIII
      @RJBatesIII  2 дня назад +2

      1 out of every 25 leads purchased. And this isn't for PPL, this is only for Speed to Lead's Coupon Club. Metrics should be much better if buying fresh, exclusive leads.

    • @seymonetko1958
      @seymonetko1958 2 дня назад +2

      @@RJBatesIII Great, I joined coupon club and calling my first lead today! Look forward to telling you about my first deal on PPL. Ive only closed cold call leads so far. Thanks for all you do.

    • @RJBatesIII
      @RJBatesIII  2 дня назад

      Let's Goooo! 🦾🦾🦾

  • @nachonikbre142
    @nachonikbre142 2 дня назад +1

    How much has your business grown since making the switch?

    • @RJBatesIII
      @RJBatesIII  2 дня назад +2

      The business has grown but that isn't the best part. It's more about the simplicity it has brought to our business. Prior to PPL, we had to try and be great at marketing and wholesaling. Now we can just focus on being great at what we do. So, since the change our processes have become astronomically better. I now know at any point in time, I can buy leads and close a deal. That was never the case because we had to mine for those leads before we could close.

    • @nachonikbre142
      @nachonikbre142 2 дня назад +2

      @ appreciate the response brother. I’ve been scraping county records, D4D, and land for about 5 months. All free so it’s been very slow, but that isn’t to say I haven’t seen results. Doing the wholesale trench work basically. Recently I’ve been considering using some of my savings to buy PPL. Your videos have helped a lot man, very grateful for you.

    • @RJBatesIII
      @RJBatesIII  2 дня назад +1

      Appreciate that, Brother! Coupon Club could be the best way for you to maximize those dollars!

    • @nachonikbre142
      @nachonikbre142 2 дня назад

      @ luckily, I have a good bit to work with…I just need to quit being a bitch😂😂 lmao. Have a blessed rest of the Wednesday brother.

  • @turnbucklechatter
    @turnbucklechatter 2 дня назад +1

    Not gonna name names, but as someone still in the learning phase, (implementing stage starting next week!) I heard from other youtubers not to do PPL and they are either gatekeeping it, or theyre just stupid. Thanks for putting us on that! Once I do my first deal cold calling 😢 im switching over to PPL

    • @RJBatesIII
      @RJBatesIII  2 дня назад +1

      If you can watch hundreds of videos of them doing their technique live, successfully...listen to them....if you can't, my word is backed by my actions and proof.

    • @turnbucklechatter
      @turnbucklechatter 2 дня назад +1

      I'm listening to them in the sense of what lists I should be pulling, but I'm definitely following the closures formula on these deals and gonna dispo through investorlift. Its free until I can upgrade so why not get familiar with it? I want to do this the right way. The hardest part for me was trying to make lowball offers and take advantage of sellers. I don't want to do that

    • @RJBatesIII
      @RJBatesIII  2 дня назад

      Love it! Go close some deals! 🦾🦾🦾