Doesn't my MLS provide me with a list of expired listings? Why would I need your service?
Yes. Your MLS provides expired listings - but just the listings. Our service is
needed because most times, if not all of the time, those expired listings have
incomplete or inaccurate information about the homeowner. This requires you to
spend a significant amount of time researching each property in order to find the
correct homeowner phone number or mailing address. By using REDX you don’t have
to spend hours trying to track down a homeowners contact information. We do the
research for you (tax records, consumer databases, public and private records,
cross check against DNC etc). So when you use expireds as a lead source you can
spend your time contact the owner, not trying to find out who the owner is - saving
you time and money.
How does REDX work?
Below are a few of the awesome features REDX does to make your job easier to reach
homeowners, who need your help to sell their home, quicker and more efficiently.
Click here to view a video demo on how it works.
Provide missing property owner contact information (phone number(s),
Cross-checks against the MLS to determine if the home was relisted
Identifies phone numbers, including cell phones, on the National Do
Not Call Registry
Organizes your prospecting with convenient features to create notes,
tasks, appointment reminders, mail merges, route planning, and more
through the REDX Lead Manager
Why is REDX the number one expired, FSBO, and pre-foreclosure provider in the
While there are many unique details of our service, the most notable is the
accuracy of the data we provide. A recent data study proved that REDX provides
you a better opportunity to contact more people in less phone calls. REDX
delivers over 60% more accurate phone numbers than our nearest competitor. The
study results were substantiated by an extensive data quality study conducted in
2011 with the assistance of BYU Statistics Professor, Dr. Gilbert Fellingham, PhD.
Ultimately, you speak to more people in a comparable amount of time when compared
to our competition. More contacts equals more listings equals more money.
Where does REDX get the property information and phone numbers?
Expireds: expired listings come from your MLS. Depending on your MLS, the listings
are imported automatically or you as the agent import them daily. We then supplements
the information by researching through a large number of public, private, and
proprietary tax and consumer databases to make sure you maximize the opportunity
to get in touch with the right person.
FSBOs: We scour thousands of websites, newspapers, penny savers, and FSBO sites, both
nationally and locally, for every for sale by owner ad. Each lead is analyzed for the
essential information. We research and complete any missing property and homeowner
information that was not found in the original advertisement so you can spend your time
talking to the client.
Pre-foreclosures: Most of the information for these leads comes directly from the county
records. As soon we can access the updates to county records we pull the NODs, NOS, Lis
Pendens, and other documents types to deliver to our clients. Then we take the property
address and run it through the High Octane process to find the best phone number to contact
What is High Octane?
"High Octane" is the new set of formulas, algorithms, and processes by which we obtain
the highest quantity of quality phone numbers for property owners. Simply put, High Octane
is the new enhancement to the REDX Expired and Pre-Foreclosure lead products that increases
the potential number of homeowners an agent can contact on the phone. Currently our "Octane"
level (the amount of homeowners contacted compared to phone calls made) is 60% better than
our nearest competitor.
Do you provide cell phone numbers?
Yes. Because we search public, private, and proprietary databases that include consumer data,
many of the phone numbers we find are cell phones. You will receive results that include cell
phones and landlines. These results reflect the High Octane formula of which phone numbers
will most likely get you in touch with the property owner.
How do I get the leads?
The leads are imported into our unique REDX Lead Manager. Depending on your MLS, expired
listings are either automatically imported or imported from a file received by first
going to your MLS and exporting all new expired listing. Then we supplement, correct,
and complete the listing and homeowner information so you have the best expired leads.
The FSBO and pre-foreclosure leads are imported automatically from REDX servers every day.
How often do I get my leads?
All the leads are delivered through our lead management program which you can
download on up to two computers. You can log in as often as you'd like to retrieve
the leads for your use.
Our FSBOs are update every 24 hours, so if there are new leads in your area,
typically, you will receive them within 24 hours if you are logging into the system
We provide foreclosure leads as often as the county makes them available, which could
be as often as every business day, or as infrequent as once a month, depending on
Listings expire at midnight and are available for research the following morning as
long as you go through the process to import them the very next day.
Does everyone get the same info as me?
The area from which you’ll receive leads is based on the geographic area(s) you
request (MLS and Counties). It is likely, other REDX users in your area will be
receiving the same information. However, no two agents work the leads the same.
You will be able to define specific criteria so that you only receive leads from
the geographic areas, property-types, and price-ranges that interest you.
How many leads will I get?
A TON! This depends on local market conditions and how broad or specific you are
with your search criteria. You should be able to look in your MLS to see the quantity
of expired listings in the areas you wish to work. If you are looking for a very
specific property type with a specific price range in one zip code, you will obviously
get less leads if you search for several property types in many zip codes. We suggest
making the searches broad enough to provide you plenty of leads to keep you busy, but
specific enough so you don't spread yourself too thin across the leads you receive.
FSBOs will fluctuate based on time of year and day of week. Remember, we deliver unique
leads, an ad may run in the paper every day, however, you will only receive that lead
Pre-foreclosures will obviously change depending on your county. A highly populated county
with a high rate of foreclosures is more likely to have a greater number of pre-foreclosure
leads when compared to a rural county with a low foreclosure rate.
Is your service compatible with MAC?
Our system will run on a MAC, but only when using a virtual PC emulator
(Bootcamp, Parallels, VMWare, etc). While unable to run natively with a
MAC OS, we have several clients who use our system on their MAC.
Do you crosscheck the DNC? And do you give me the phone number even if it is on the DNC?
All numbers are cross-checked against the national Do Not Call RegistryDNC. We will
provide you with every number found, however, those that are on the DNC will be
flagged for you to easily see.
What are the system requirements for the Lead Manager?
A windows operating system of Windows 2000 or newer
800 Mhz processing speed, (1,000 Mhz = 1.0 Ghz) and at least