I could have saved myself some frustration about this company REAL ESTATE PIPELINE if I had just checked the internet about this company's scam.
I was called by this company telling me they had a lead ready to go already pre-screened and just waiting for a REALTOR to call them from my area of Rancho Cucamonga.
On the recorded called, The interviewer tells me that they personally call, prescreen that the lead indeed is looking for a REALTOR to work with, and they tell the client that you as REaltor by name will be calling them to follow up. They claim they spend thousands of dollars to procure these leads, as also noted in the recording.
Who wouldn't want a HOT lead, so I listened on and stated that I would like the lead as they described in our verbal conversation, which then lead into paying this company an upfront amount in order to receive this lead.
Finally once the lead was delivered, I was able to connect with the lead after several attempts, and they stated clearly that they did not want a REALTOR or expect a call, that his mom was a real estate agent, and that he was answering an advertisement online that stated that this company would provide a lead list of homes 75% below the market for this investor. After I broke the news of no such list, he was very upset and told me basically to go take a hike.
After not receiving what was promised from this company on the first lead, I knew this was a red flag. I immediatlly contacted the company for a FULL refund as I was not delivered what was promised and they defaulted to a comment that the Setup Fee would not be refunded. The problem is they never deliverd upon the promises they made over the phone for a pre-screened and ligitimate lead, therefore, the services I paid for were never delivered and fraudulant.
I am making this incident public for a couple of reasons. I want to exploit this company as a scammer through the media, internet and any other source deemed neccessary and I want to call out to other agents that have been affected by this type of activity from this company to seek out a CLASS ACTION LAWSUIT for damages and willful fraud to the consumer and the agent alike.
It is about the Principle of wrongdoing more so than the small financial loss each person becomes a victim to. The compnay is most likely scamming thousands of agents and many are not speaking out which keeps this company in business.
This is our time to stand up and band together for what is right within our real estate industry.