Are you a real estate expert finding it hard to regularly produce high-quality leads? Do you often spend endless hours searching through different sources? Or do you feel overwhelmed by the volume of leads?Â
Well, thatâs where REDX leads come in, helping you find the right prospects.
To do real estate prospecting using the REDX Power Dialer, you need to â
- Sign in to REDX, set up your dialing mode
- Pick leads and add them as you need
- Then, start dialing and use scripts from Vortex
- Note down the outcomes to plan follow ups
- Finally, check analytics to measure the performance
In the next sections, youâll learn the basics of REDX, the type of their leads, along with the pricing of Power Dialer. From prospecting methods to efficient tools, youâll get valuable insights to improve your lead generation strategy.
What is REDX?
REDX is a prospecting platform for real estate agents established in 2003 by Mark Leck and brings new potential clients to you every day. It leads from different sources online and sends them straight to agents through its Vortex interface.Â
The goal is to help you connect with people looking to sell, start conversations, and book more appointments. Vortex, a lead management system, keeps all your data organized in one spot, making it easy for you to manage leads, clients, and your network.Â
Plus, REDX provides you with five kinds of leads: expired listing leads, GeoLeads, FSBO, FRBO, and pre-foreclosure. Also, the platform has a powerful auto-dialer feature, letting you reach out to leads fast and efficiently.Â
With resources like scripts and flexible REDX pricing, the platform offers you everything you need to succeed in real estate.
Types of REDX Real Estate Leads
REDX is a real estate prospecting platform that offers a variety of lead sources and promises top-notch prospects. These prospects’ phone numbers have been checked against properties that are back on the market and the Do Not Call list.Â
Here are the types of leads you can find â
- Expired Sellers: These are properties that didnât sell before the listing expired.
- GeoLeads: These are property owners in a specific area youâre interested in.Â
- FSBOs: These are properties that are being sold directly by the owner.Â
- FRBOs: These are properties that are being rented out directly by the owner.Â
- Pre-Foreclosure: These are properties that are close to being foreclosed.
Youâll find these leads in magazines, MLS, classified ads, websites, newspapers, and county court and tax records. From the REDX review, itâs clear that REDX saves you hours of manual work by collecting and correlating MLS and county records for you.Â
This way, you can focus on growing your successful real estate business.
Expired Leads
REDX for real estate keeps you updated with expired listings that didnât sell and were removed from the market. Youâll get not only recent ones but also older listings. It gives you a wide range of potential clients to reach out to.Â
With this powerful real estate software offering, you can be sure youâre not wasting your time on wrong or old contact details.
Youâll receive lead data for each unlisted listing, including the homeownerâs name, address, phone number, MLS details, and tax information.Â
This way, you’ll be the first to contact those whose property listings have recently expired.
GeoLeads
REDX GeoLeads database lets you build your influence, helping you become the go-to real estate agent in your area. This geo leads REDX lets you zero in on potential clients in a specific area, neighborhood, or near a certain address.Â
Plus, the dialer weeds out homeowners who arenât a good fit, so you can focus on leads that match your successful real estate goals.
FSBOs
For those looking to connect with For Sale By Owner prospects, REDX takes the burden off your shoulders.Â
It collects a database of active FSBO listings from various places. With these strong REDX FSBO leads ready for you, you can easily reach out to sellers who havenât been able to sell their homes.
Plus, you can offer your help to guide them throughout the process of selling their property.
However, converting an FSBO into a potential client takes practice. And for that, REDX also offers you the best cold calling scripts and role-playing scenarios. Thus, youâll be more confident when making these calls.Â
FRBOs
Unlike the B2B contact database, the REDX platform gives you a list of landlords and investors with properties theyâre struggling to rent out.Â
By connecting with these landlords and investors, you can get a steady flow of leads as they buy and sell properties in your area.Â
Many real estate agents miss this chance, making FRBOs a fantastic source of potential clients for you.
Pre-Foreclosures
REDX makes it easier to chase pre-foreclosure leads by giving you a database with contact info thatâs hard to find from county and court tax records. This type of real estate lead generation process isnât used much by real estate agents.
Hence, you get the opportunity to step in and offer help and representation to seller leads who are eager to sell.
How to Get REDX Real Estate Leads Using Power Dialer
To effectively use the REDX Power Dialer for lead prospecting, make sure you follow these steps to maximize your outreach.
Login to REDX
First, you need to sign in to your REDX account. It lets you see and handle all your contact leads in one spot. Take some time to get to know the dashboard – itâs your gateway to finding new clients in the real estate market.
Configure the Power Dialer
Next, pick a dialing mode that suits your style â single-line or multi-line. It lets you make several calls at once or concentrate on one call at a time. Most importantly, link the Power Dialer with the Vortex lead management system for a smooth experience and easy switching between lead profiles.
Select Your Leads
Now, decide on the types of REDX leads youâre after, like FSBO, expired, or pre-foreclosure. Vortex helps you sort and filter these leads effectively, making your search for new clients more efficient. Plus, you can use the filters to focus on the most promising leads.Â
Load Leads into the Power Dialer
Then, add the new leads to the Power Dialer. Bring your contact list into the dialer â itâs key to making sure you connect with all possible leads. Besides, it allows you to check and organize the list to call the most valuable leads first.
Begin Dialing
Once thatâs done, hit the start button on the Power Dialer and begin dialing. Use the live connection feature to talk to leads without any awkward pauses. Keep a steady rhythm, focusing on having quality conversations.
Use Scripts
As youâre calling, use scripts designed for different types of leads. These scripts help you deal with common pushbacks and guide the conversation effectively. Meanwhile, practice and polish your chat using the best cold calling scripts for real estate to make you feel confident and ready.
Record Outcomes
After each call, jot down the outcomes right in Vortex, noting if the lead is interested or needs a follow-up. Writing down important points from the chat will help you make future interactions more personal.Â
Also, set reminders for the next steps based on the callâs outcome.
Schedule Follow-ups
Next, plan follow-up calls or emails based on the initial chat. Use Vortexâs calendar and alert features to keep track of these follow-up tasks. Thatâs because, Brevetâs research indicates that for 80% of sales, you need to follow up five times after the first meeting.
So, regular follow-up is the secret to turning many of these leads into clients.
Review Analytics
Finally, look over your call performance using Vortexâs built-in metrics. Review data like call length, connection rate, and lead status to find areas to improve. Plus, tweak your prospecting strategies based on what you learn to increase your effectiveness over time.
How Much Does Power Dialers Cost?
REDX Power Dialer offers three tiers, each with different features and pricing. The Preview-Line Dialer costs $59 per month, the Power Dialer costs $99.99 per month, and the Power Dialer PLUS costs $149.99 per month.
Hereâs a detailed breakdown of the Power Dialer pricing â
Features |
Preview-Line Dialer | Power Dialer |
Power Dialer PLUS |
Price | $59 per month | $99.99 per month |
$149.99 per month |
Call Lines |
Single Line | Single Line | Up to 3 Lines |
Talk Time | 1500 minutes | Unlimited |
Unlimited |
Make a call from computer or phone |
Available | Available | Available |
Usage Log | Available | Available |
Available |
Timezone Protection |
Available | Available | Available |
Free Support | Available | Available |
Available |
Call Recording |
â | Available | Available |
FREE Spam Monitoring | $10 | $10 |
Free |
Upload Voicemails |
â | Available | Available |
Upload Callback Messages | â | â |
Available |
Is REDX Worth It?
Yes, REDX is worth it if you’re the type who thrives on cold calling and wants a simple, user-friendly system for reaching out to leads. REDX offers multiple flexible packages, quality leads, and effective tools to help you turn those leads into clients.Â
The interface is straightforward, making it easy to get the hang of things quickly, so you can start prospecting at your own pace. With REDX, you get top-notch leads and the tools you need to make meaningful connections.
However, if cold calling isn’t your style, this real estate software might not be the best fit for you. It’s a fantastic platform, but it’s geared toward agents who are proactive about engaging with leads, not those looking for a more passive approach.Â
So, if you’re ready to dive into outbound prospecting, REDX could be the perfect starting point for you.
What Reddit Says About REDX Leads?
Reddit threads and reviews give insight into user experiences with REDX leads, underscoring both pros and cons.
Many users appreciate the top-notch quality of REDX leads, backed by dependable data. Real estate agents, in particular, find REDX to be a valuable tool. It offers a variety of lead types such as pre-foreclosures, FSBO, and expired leads, and all are accessible via a simple platform.Â
In addition, the Power Dialer feature increases productivity, offering more conversations per hour than traditional manual dialing.
However, some users indicate that these leads are not exclusive and need quick follow-up to outperform rivals. Data accuracy issues also arise from time to time, a common challenge for platforms that gather information from diverse sources.Â
Despite these minor hiccups, the overall user feedback remains largely positive.Â
Swordfish AI: The Best Alternatives to REDX Leads
Swordfish AI is a top choice over REDX because it gives you direct contact details, like cell phone numbers and emails, for potential leads. Plus, this platform stands out through its proprietary verification system, ensuring you get accurate numbers.Â
And itâs vital for real estate agents who want to dial phone numbers that the property owner is actively using.
Most importantly, you can explore over 3.5 billion contact profiles with Swordfish AI, making it easier to find new opportunities in the real estate industry. One of the main advantages of Swordfish AI is that first calls are correct 82% of the time, and each profile is 95% accurate overall.
Plus, it has advanced filtering and search features, letting you target specific groups of potential clients based on different factors. Ultimately, Swordfish AI helps real estate agents connect with decision-makers and boost sales results.
Prospector
Swordfish AIâs Prospector is designed to help you find and connect with potential clients effectively. With its strong B2B contact database, it gives you the resources to generate leads and fill your sales pipelines.
It makes the prospecting process of real estate agents smoother by helping you find and connect with your prospects. Hereâs how it does it â
Select Your FiltersÂ
Begin by setting your target audience using the Prospector toolâs detailed filtering options. The tool gives you hundreds of attributes for exact filtering, like job title, company size, industry, location, NAICs code, SIC code, and more.Â
With over 3.5 billion profiles to pick from, you can fine-tune your search to match your perfect customer profile as the result given underneath.
Check Contacts
Now to get the number, click on the âShowâ button.Â
Here, the Prospector makes sure the contact info is accurate through real-time checks.
This step saves you from wasting time on wrong or old contact details, increasing your chances of reaching the right people. The tool also has advanced checks for cell phone numbers and business emails.
Start Connecting
Once you have your list, connect with potential clients via direct contact information, such as cell phone numbers and email addresses. Plus, you can integrate the tool with CRM systems, making it easy to manage and follow up on your outreach.
Other Key Features of Swordfish AI
Swordfish AI offers a variety of features designed to help real estate professionals generate and manage leads efficiently. Hereâs a closer look at these features â
Bombora Intent Data
Using Bombora Intent Data, it allows agents to discover potential clients who are actively searching for real estate services. By utilizing intent data, agents can identify and connect with buyers or sellers who are ready to make a move.
Chrome Extension
The Chrome extension helps agents find contact information on popular platforms like LinkedIn, Facebook, and Twitter. It enables easy access to unique cell phone numbers and business emails, allowing agents to reach potential leads directly.
File Upload
File Upload helps fill in the blanks of a CRM, ATS, or database by enriching contact information with unique cell phone data and premium business emails. It ensures that agents have accurate contact details, enhancing their outreach efforts.
Reverse Search
The Reverse Search feature allows agents to find contact information using partial details such as a name, email, phone number, or company. Itâs particularly useful when agents have limited information about a potential lead.
Refresh Title and Data
This feature helps agents keep their CRM data up-to-date by refreshing job titles and company information. Accurate contact details improve email outreach success and enhance cold calling efforts.
Integrations
Swordfish AI integrates smoothly with popular CRMs and ATS systems, such as Salesforce, HubSpot, and Pipedrive. These integrations simplify workflow and improve the efficiency of lead management.
API
The custom API solution allows agents to sync premium contact data with their applications automatically. It keeps databases updated with fresh and accurate contact information, increasing outreach efficiency.
Email Verifier
This tool verifies email addresses to reduce bounce rates and increase deliverability. By ensuring that agents have valid contact information, it improves the success of email marketing campaigns and outreach efforts.
Final Words
To increase your success rate with REDX leads, try out different REDX prospecting methods. Meanwhile, setting up the REDX Power Dialer, adding leads, and using scripts are necessary for efficient prospecting as well.
Along with that, try out different types of leads, like expired leads, GeoLeads, FSBOs, FRBOs, and pre-foreclosures according to your preference. Overall, if youâre comfortable with cold calling and seek a user-friendly interface for outbound prospecting, REDX is the go-to.
And if you feel REDX isnât for you, Swordfish AI is the tool to use. It offers useful features like creating lead lists, verifying contacts, and connecting efficiently. For real estate focused prospecting, itâs a good tool to improve your prospecting work efficiently.
FAQs
What is a power dialer?
A Power Dialer is an automated dialing system that efficiently places calls, manages voicemails, and handles incorrect numbers. It works from contact or lead lists, dialing one or more numbers at a time, and pauses other calls upon connection before proceeding to the next.
Which Power Dialer should I choose?
You should choose a Power Dialer that integrates with your lead service provider and matches your prospecting skill level. For example, REDXâs Power Dialer is integrated with VortexÂŽ, allowing you to dial 1-3 lines at a time, depending on your comfort and experience level.
Who is REDX best For?
REDX is best for motivated agents who want to actively and consistently prospect for leads. It’s ideal for those who prefer not to wait for leads to come in. It’s also one of the most affordable lead generation platforms available, making it great for budget-conscious agents.