Complaint Review: Elite Marketing Team - Los Angeles California

We have documented proof from each consumer contacted as a so-called mortgage lead, that their information is being sold to mortgage companies and loan officers fraudulently. We have contacted all of the leads provided by Elite Marketing and documented the results. Each consumer has reported that they have never been contacted by anyone from Elite Marketing, nor the name of the telemarketer shown on the lead capture form, nor from any telemarketer on the day the lead is being reported with a date stamp, nor from anyone asking if they'd wish to receive mortgage information, nor been contacted at all for any reason. And so on and so forth. Basically, we have documented proof that this company (although it sounds like they're on their way out anyway) should cease operating as a mortgage lead provider, since they've proven that they are ill-equipped to actually provide current mortgage leads. If there is a market for 3-4 month old recycled mortgage inquiries, than that's about the only way they should be selling the garbage they provide.

Mortgage leads are just that, leads. Not all of them will close. At best our clients will be successful 5-6% of the time, at worst they will not be successful at all. We tell them this up front. Some people have used leads and know this is true. Others buy leads for the first time and expect that they will make 100k on a 700.00 marketing budget. In this mortgage climate? NO! But, If a client of our closes a few deals out of 50 leads, they have made some money, and to our hundreds of clients who are doing so, this is good enough. So in a case like this, the scenario is as follows, the client went to the ripoff report after 1 week of a 1 month marketing campaign. We will give this client his leads and move on. We have, just in the past 5 years, dealt with over 1000 mortgage companies. We too are sorry that the mortgage industry has fallen on hard times. But we are not to blame for the market conditions, we are not to blame for thousands of mortgage companies going out of business. We are trying to make the best of a bad situation. People get desparate in desparate times. We were doing other marketing before we got into mortgage leads and never had 1 problem. We have 180 or so accounts that buy leads consistantly, down from 500 or so that we were servicing during the "refinance boom." We ask only that the people who buy leads from us make every effort to close the leads they have bought first, BEFORE, going on the rip-off report and trying to ruin the reputation of our company before giving us a proper opportunity to respond and act if there is a problem that may be easily fixed.

Mortgage leads are just that, leads. Not all of them will close. At best our clients will be successful 5-6% of the time, at worst they will not be successful at all. We tell them this up front. Some people have used leads and know this is true. Others buy leads for the first time and expect that they will make 100k on a 700.00 marketing budget. In this mortgage climate? NO! But, If a client of our closes a few deals out of 50 leads, they have made some money, and to our hundreds of clients who are doing so, this is good enough. So in a case like this, the scenario is as follows, the client went to the ripoff report after 1 week of a 1 month marketing campaign. We will give this client his leads and move on. We have, just in the past 5 years, dealt with over 1000 mortgage companies. We too are sorry that the mortgage industry has fallen on hard times. But we are not to blame for the market conditions, we are not to blame for thousands of mortgage companies going out of business. We are trying to make the best of a bad situation. People get desparate in desparate times. We were doing other marketing before we got into mortgage leads and never had 1 problem. We have 180 or so accounts that buy leads consistantly, down from 500 or so that we were servicing during the "refinance boom." We ask only that the people who buy leads from us make every effort to close the leads they have bought first, BEFORE, going on the rip-off report and trying to ruin the reputation of our company before giving us a proper opportunity to respond and act if there is a problem that may be easily fixed.

Mortgage leads are just that, leads. Not all of them will close. At best our clients will be successful 5-6% of the time, at worst they will not be successful at all. We tell them this up front. Some people have used leads and know this is true. Others buy leads for the first time and expect that they will make 100k on a 700.00 marketing budget. In this mortgage climate? NO! But, If a client of our closes a few deals out of 50 leads, they have made some money, and to our hundreds of clients who are doing so, this is good enough. So in a case like this, the scenario is as follows, the client went to the ripoff report after 1 week of a 1 month marketing campaign. We will give this client his leads and move on. We have, just in the past 5 years, dealt with over 1000 mortgage companies. We too are sorry that the mortgage industry has fallen on hard times. But we are not to blame for the market conditions, we are not to blame for thousands of mortgage companies going out of business. We are trying to make the best of a bad situation. People get desparate in desparate times. We were doing other marketing before we got into mortgage leads and never had 1 problem. We have 180 or so accounts that buy leads consistantly, down from 500 or so that we were servicing during the "refinance boom." We ask only that the people who buy leads from us make every effort to close the leads they have bought first, BEFORE, going on the rip-off report and trying to ruin the reputation of our company before giving us a proper opportunity to respond and act if there is a problem that may be easily fixed.

Mortgage leads are just that, leads. Not all of them will close. At best our clients will be successful 5-6% of the time, at worst they will not be successful at all. We tell them this up front. Some people have used leads and know this is true. Others buy leads for the first time and expect that they will make 100k on a 700.00 marketing budget. In this mortgage climate? NO! But, If a client of our closes a few deals out of 50 leads, they have made some money, and to our hundreds of clients who are doing so, this is good enough. So in a case like this, the scenario is as follows, the client went to the ripoff report after 1 week of a 1 month marketing campaign. We will give this client his leads and move on. We have, just in the past 5 years, dealt with over 1000 mortgage companies. We too are sorry that the mortgage industry has fallen on hard times. But we are not to blame for the market conditions, we are not to blame for thousands of mortgage companies going out of business. We are trying to make the best of a bad situation. People get desparate in desparate times. We were doing other marketing before we got into mortgage leads and never had 1 problem. We have 180 or so accounts that buy leads consistantly, down from 500 or so that we were servicing during the "refinance boom." We ask only that the people who buy leads from us make every effort to close the leads they have bought first, BEFORE, going on the rip-off report and trying to ruin the reputation of our company before giving us a proper opportunity to respond and act if there is a problem that may be easily fixed.