Are you a real estate agent who has been tirelessly searching for the best real estate lead generation service? Look no further. You’re about to dive into an enlightening exploration of REDX Leads, a game-changing solution that can propel your business to new heights. We will shed light on the monthly cost for a per-month subscription, ensuring you can make an informed decision that propels your success in the rapidly evolving real estate market. Keep reading as we demystify what it costs to gain a competitive edge in your real estate endeavors with REDX. Unleash your potential today!
REDX offers a range of subscription plans for their leads service. The Expired leads plan is $69.99 per user/month and the Expired Leads PLUS plan is $129.99 per user/month. Each plan includes access to different types of leads depending on your needs. Additional add-ons and tools can also be purchased separately to create a customized package based on your specific requirements.
Keep reading to learn the costs for REDX’s other types of leads.
Overview of REDX Leads
REDX is a comprehensive prospecting and lead management tool designed specifically for real estate agents. It offers pre-verified leads sourced from various reliable sources, providing agents with high-quality leads to fuel their business growth. With a simple and user-friendly interface, REDX empowers agents with the necessary tools to streamline their lead generation process and enhance their productivity. For a detailed breakdown of each of their lead types, see our in-depth REDX review.
For instance, imagine you’re a real estate agent looking to expand your client base. Instead of spending hours scouring through different platforms for potential leads, REDX provides a centralized platform where you can access pre-verified leads from FSBO (For Sale By Owner) listings, expired listings, FRBO (For Rent By Owner) listings, and more. This saves you valuable time and effort, allowing you to focus on engaging with qualified prospects.
Here is REDX pricing as of October 2023:
- The Expired Leads subscription plan for REDX costs $69.99 per user per month. Expired Leads PLUS is $129.99 per month.
- The GeoLeads subscription plan for REDX costs $69.99 per user per month. GeoLeads PLUS is $129.99 per month.
- The FSBO subscription plan for REDX costs $49.99 per user per month. FSBO PLUS is $69.99 per month.
- The FRBO subscription plan for REDX costs $59.99 per user per month. FSBO PLUS is $79.98 per month.
- The Pre-Foreclosure Leads subscription plan for REDX costs $49.99 per user per month. Pre-Foreclosure Leads PLUS is $89.99 per month.
REDX also offers additional add-on tools and we will cover some of those cost below.
Purpose and Functionality
The purpose of REDX is to provide real estate agents with a robust suite of tools to generate high-quality leads effectively. Whether you’re targeting FSBO listings, expired listings, or rental properties, REDX Leads caters to diverse requirements by offering a range of subscription plans and individual tools that can be customized according to your specific needs.
For example, the Basic plan provides access to FSBO and expired leads, while the Essential plan adds GeoLeads functionality. The Ultimate plan further includes access to Pre-Foreclosure and FRBO leads. Moreover, REDX also offers add-ons such as Insights (providing home and building insights, market insights, financial insights, and lifestyle insights) and Outreach Tools (including Onyx lead upgrade, Power Dialer, Multiline dialer, Preview line dialer).
In essence, REDX not only provides access to pre-verified leads but also helps agents manage their leads efficiently through its integrated lead management system called Vortex. Additionally, the platform offers phone script templates that can aid agents in effective communication with potential clients.
As a real estate agent, having reliable and verified leads is crucial for your success. With REDX leads, you can save time and energy by accessing pre-verified leads from different sources all in one place. The purpose of this platform is to help you streamline your lead generation process and maximize your productivity. With the various subscription plans and customizable options available, you can tailor the tools to meet your specific needs as a real estate professional.
Now that we have an understanding of the overview, purpose, and functionality of REDX, let’s explore the different subscription plans offered by the platform.
Subscription Plans of REDX
When considering using REDX Leads for your lead generation needs, it’s essential to understand their different subscription plans. REDX offers a range of plans tailored to meet specific requirements and budgets.
These plans include expired leads, GeoLeads, FSBO leads, FRBO leads, and pre-foreclosure leads. Each plan provides access to a unique dataset that can help agents identify potential opportunities in the real estate market.
Now that we have an overview of the subscription plans offered by REDX, let’s dive deeper into how these plans compare in terms of features and benefits.
Plan Features Comparisons
To ensure you select the right plan that aligns with your lead generation goals, it’s crucial to compare the features offered by each plan. Let’s take a closer look at how the different REDX Lead subscription plans stack up:
|Expired Leads||Provides accurate and up-to-date information on expired listings for targeted sales prospecting.|
|GeoLeads||Offers comprehensive neighborhood data and contact information for property owners within a specified geographical area.|
|FSBO Leads||Enables agents to connect with homeowners who are selling their properties without representation from a real estate agent.|
|FRBO Leads||Provides valuable insights into rental property markets, specifically identifying owners who are renting out their properties.|
|Pre-Foreclosure Leads||Offers access to potential leads who are at risk of losing their homes due to pending foreclosure proceedings.|
By comparing these features side by side, you can identify which subscription plan will best suit your specific needs as a real estate professional. It’s worth noting that each plan has its own advantages and target audience, so carefully consider the type of leads you’re looking for and how they align with your business strategy.
Selecting the right REDX subscription plan is akin to choosing the right tools for a construction project. Each plan acts as a specialized tool in your lead generation toolkit, allowing you to focus on specific areas of the market and optimize your chances of success.
Having explored the different subscription plans and their features, let’s now take a closer look at the detailed pricing of each plan.
Detailed Pricing of Each REDX Plan:
REDX offers several plans tailored to different needs, each with its own pricing structure. Let’s examine the detailed pricing for each plan:
- Expired Leads: $69.99 per month.
- Expired Leads PLUS: $129.99 per month.
- GeoLeads: $69.99 per month.
- GeoLeads PLUS: $129.99 per month.
- FSBO Leads: $49.99 per month.
- FSBO Leads PLUS: $69.99 per month.
- FRBO Leads: $59.99 per month.
- FRBO Leads PLUS: $79.98 per month.
- Pre-Foreclosure Leads: $49.99 per month.
- Pre-Foreclosure PLUS: $89.98 per month.
- Power Dialer: $99.99 per month.
- Power Dialer PLUS: $149.99 per month.
- Preview-Line Dialer PLUS: $59.99 per month.
- Ad Builder: $49.99 per month.
- Prospecting Bootcamp: $297 one time cost.
- REDX Vortex: Free with any subscription.
Additionally, if you’re interested in leveraging the power of the REDX brand builder, this costs $899.99 per month. This tool helps you use social media to build lasting relationships with your leads.
Here is a snapshot that shows you some of the features and benefits of the Expired Leads plan vs expired Leads PLUS plan:
Evaluating REDX Cost Effectiveness
As a real estate professional looking for lead generation services, cost-effectiveness is a crucial aspect of any investment decision. When evaluating the cost-effectiveness of REDX leads, it’s important to consider both the pros and cons of their service.
On the positive side, REDX provides access to a wide range of leads, including expired listings, FSBO listings, and pre-foreclosure records. Their leads are scrubbed with the Do Not Call list, ensuring compliance with regulations. Additionally, every plan comes with Vortex CRM included, which can help streamline your workflow and manage your leads effectively.
However, it’s essential to acknowledge some potential drawbacks as well. REDX involves cold calling as a primary method of contact, which may not be suitable for everyone. Reading our best articles on expired listing objection handlers and ‘what to say when calling expired listings‘ articles will help you become more comfortable with your calls.
Additionally, keep in mind that the leads provided by REDX are not exclusive, meaning other agents also have access to the same leads.
To determine the cost-effectiveness for your specific situation, consider factors such as your experience level, willingness to engage in cold calling, and the current competition in your market. For newer agents who are willing to try looking for leads in new places, REDX can provide a cost-effective solution.
For example, if you’re just starting and looking to build your client base, the affordable pricing of REDX can be attractive compared to other services that may charge higher fees.
Remember to consider your own goals, preferences, and budget when assessing the cost-effectiveness of any lead generation service. It’s advisable to compare different options, such as alternatives like BoldLeads or SmartZip, before making a final decision.
Further Reading: Is REDX Worth It?
Alternative Services to REDX and Their Cost
If you’re considering alternative services to REDX Leads for your real estate lead generation needs, it’s helpful to explore other options available in the market. Here are a few notable alternatives and an overview of their costs:
1. Market Leader: Ranked as the best overall lead generation company, Market Leader offers both buyer and seller leads. They guarantee a minimum number of leads per month, ensuring a consistent flow of potential clients. The pricing for Market Leader varies depending on your specific requirements and the number of leads you sign up for each month.
2. Zurple: If automation in lead conversion is a priority, Zurple might be the right choice for you. Besides generating exclusive buyer and seller leads, Zurple uses behavior-driven messages to nurture leads automatically. This can save you time and effort in turning those leads into successful sales. Similar to other services, the cost of Zurple depends on factors such as the number of leads generated and the level of automation desired.
3. Zillow Premier Agent: When it comes to finding buyers, Zillow Premier Agent is often considered the best option. By featuring agents on listings and personalized websites, Zillow generates leads from visitors on its platforms like Zillow and Trulia. The cost of using Zillow Premier Agent can vary depending on the volume of leads you receive and any additional customized features you might opt for.
4. Offrs: If your main focus is generating seller leads, Offrs specializes in providing exactly that through home evaluation tools and predictive analytics. They promise 30 monthly seller leads specifically from your area. To ascertain the cost associated with Offrs, it’s advisable to reach out to them directly as pricing details may depend on various factors.
5. Zoho CRM: Considered one of the best options for generating leads from social media posts, Zoho CRM integrates with various platforms like Facebook, Twitter (now known as X), emails, and popular real estate websites such as Zillow. By automatically capturing leads from these sources, Zoho CRM streamlines your lead generation process. The pricing of Zoho CRM can vary based on the specific features and customization you require.
When choosing an alternative to REDX Leads, it’s important to consider your unique requirements and budget. Take the time to evaluate each option based on factors like lead volume, lead quality, automation capabilities, and overall cost-effectiveness. Remember that what works for one agent or brokerage may not be the best fit for another. Choose a service that aligns with your business goals and helps you achieve success in the real estate industry.
Use Our REDX Discount Code and Save Money:
If you use the links in this REDX pricing review, you can have the $150 REDX setup fee waived. To claim your REDX Discount, click on the top sign-up link on the REDX website to ensure your discount is applied properly (see the picture below).
About The Author: This article was researched and published by Tim Schroeder. As a husband and wife real estate team residing in Florida, Tim Schroeder brings deep expertise with over 8 years of experience as a licensed real estate agent.
Deb and Tim Schroeder have earned numerous real estate industry awards and recognitions. They have been recognized by Orlando Magazine as a “Top 100 Real Estate Professional” as well as earned Top Producer Designations with the Orlando Realtor Association for 6 years straight.