SRC Leads

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Jan 27, 2009 4:26 pm

Anyone ever use SRC leads?

 
According to the person that called me, and this is why I'm asking people here, they send out surveys that people take and return with their contact info and are "dissatisfied" with their current advisor.
 
I don't know how legit this is, but here's how their "guarantee" works:
 
-They will replace any names you can't get ahold of. 
-They will refund any names with incorrect information.
-They will refund all your money if you don't make $5,000 per 100 names.
 
Cost is $2/name, minimum of 100 names.
 
I am not the biggest fan of scams, so anyone have any knowledge of SRC Leads?
Jan 27, 2009 4:29 pm

Not sure what SRC stands for, but I have bought leads from another service (years ago) that made the same exact claim.  it was all BS.  I highly doubt they did any surveys, and I fully assumed they just got their names from another list service (i.e. InfoUSA) and marked them up.  In fact, you can go to InfoUSA and get a whole lot more names for $200.

Jan 27, 2009 4:40 pm
B24:

Not sure what SRC stands for, but I have bought leads from another service (years ago) that made the same exact claim.  it was all BS.  I highly doubt they did any surveys, and I fully assumed they just got their names from another list service (i.e. InfoUSA) and marked them up.  In fact, you can go to InfoUSA and get a whole lot more names for $200.

 
I hear you.  You can go to the library and get names from Reference USA for free.
 
I'm sitting there thinking, who the hell responds to that stuff?
 
So I asked her, "Can I see the survey you send to people?"  She says, "No, that is proprietary information".  So I followed with, "Can you show me one of the returned surveys?"  She says, "No, that is also proprietary information".
 
 
Jan 27, 2009 7:34 pm

If THEY are calling YOU, it's bullshit. If people are making over $5,000/100 calls, then we would be begging them to sell us their leads. 

Jan 27, 2009 9:10 pm

I got the same call today. I just said no thanks and moved on. No way they can produce those types of leads.

Jan 28, 2009 1:18 am

They have a website... www.srcleads.com.. pretty basic.. I am calling tomorrow to see if I can shake more info loose, the guarantee has to be bs...

 
Found a guy who gave a recomendation and emailed him to get specifics..
Jan 28, 2009 3:10 pm

Squash, let me make a bet with you.  I bet you that if I go to their website, you will not be able to find their physical location/address.  They are most likely the same company, reincarnated, that I have used in the past ( I think it was Prestige Management).  Same exact claim.  I'm telling you, steer clear.

Jan 28, 2009 3:10 pm

A less-experienced rep in my office asked me to split a list from SRC he purchased.  I fail to see the difference between this list and the White Pages.  That is, other than it being scrubbed.  Even then, I had a few people say to me last night they were on the DNC list.


 
I'm curious to find out how they intend to hold up their money-back guarantee.  How can they verify you didn't do $5k in business?  Personally, I'm inclined to agree with Hank - it's bullshit.  If they were that good, we'd all be making 20 appointments a day and commission rates would fall to zero.
 
The list is only as good as the person calling from it.
Jan 28, 2009 3:55 pm

Not that it matters in any meaningful way but the BBB report says they've been in operation since 1998 and they've been a part of the BBB since 2001. Their current rating is a B- or



Also found this:

http://www.insurance-forums.net/forum/2-life-leads-thread4920-2.html



Jan 28, 2009 8:09 pm
B24:

Squash, let me make a bet with you.  I bet you that if I go to their website, you will not be able to find their physical location/address.  They are most likely the same company, reincarnated, that I have used in the past ( I think it was Prestige Management).  Same exact claim.  I'm telling you, steer clear.

 
I am not going to use them, I just find it interesting when they post reco's from other reps with their whole names... do they not know you can just look them up on finra, and find their office and call them...
Feb 6, 2009 5:38 pm

Has anybody used this Lead Service in California?

Feb 9, 2009 10:56 am
snaggletooth:

Anyone ever use SRC leads?

 
According to the person that called me, and this is why I'm asking people here, they send out surveys that people take and return with their contact info and are "dissatisfied" with their current advisor.
 
I don't know how legit this is, but here's how their "guarantee" works:
 
-They will replace any names you can't get ahold of. 
-They will refund any names with incorrect information.
-They will refund all your money if you don't make $5,000 per 100 names.
 
Cost is $2/name, minimum of 100 names.
 
I am not the biggest fan of scams, so anyone have any knowledge of SRC Leads?
 
ST,
 
I know this reply is a little late.  I did try SRC, and it wasn't good.  They were not good prospects, and not a single person I spoke to had filled out a survey to say they were "dissatisfied with their current advisor".  After numerous attempts to get a refund I ended up with only 75% of the original cost, plus lots of wasted time.
 
Hope you haven't bought yet.
 
 
Feb 10, 2009 1:26 pm

I will repeat what I said before.  ANY firm that claims they did some survey about people with annuities or IRA's or crappy brokers is FULL OF SH1T.  DO NOT believe them.  They buy lists from other lists brokers, then apply "titles" to groups of people based on certain criteria. 

Mar 6, 2009 3:54 pm

i bought 500 names From a gentleman Named Rodney. i payed $1500.00 and he guaranteed 20,000 in commisions or fees in 90 days. I ran across a couple of tire kickers and people who forgot about the survey. But at the end of the day i did well. i made about $26,000.00. Im not going to lie. this list isn't designed to be a winning lottery ticket and make you a millionaire. But if you are willing to roll up your sleeves and prospect you should do well. The number is (305) 749-8518

Mar 6, 2009 4:06 pm
moneyman2009:

i bought 500 names From a gentleman Named Rodney. i payed $1500.00 and he guaranteed 20,000 in commisions or fees in 90 days. I ran across a couple of tire kickers and people who forgot about the survey. But at the end of the day i did well. i made about $26,000.00. Im not going to lie. this list isn't designed to be a winning lottery ticket and make you a millionaire. But if you are willing to roll up your sleeves and prospect you should do well. The number is (305) 749-8518

 
Liar.
Mar 6, 2009 4:35 pm

Double that... newbie post... and all he says is advertising... SUSPECT

Mar 7, 2009 12:32 pm

You get the exact same info from melissa leads for .10 / each. You can run searches for the same demographics. If you paid $3 / name U got burned.  They should be put out of business.

Apr 20, 2009 4:21 pm

I purchased leads from them a few years back with no results.  They called me again last month to sell more leads.  They refused to provide a copy of their survey.  I offered to start calling names on the list with the sales person on the phone so together we could ask the contacts about the survey.  No dice.

 
As other posters have said, if the leads were so hot, why don't they just call themselves?
Jun 13, 2009 12:27 pm

Anyone ever hear or use SeniorLeads dot com?   Hell, they're charging $18/lead that supposedly entered their info online to receive info on specific topics like annuity buyers, LTC, Life insurance, CD buyer, IRA rollover or distribution, etc.  and you can buy leads for specific topics and zip codes. 

Browsing their forum, it seems half the people don't recall requesting the info, are not qualified anyways, or unreachable.  But some claim to be reaching about 20% of their received leads and setting maybe 5-10 appointments per 100 leads paid for. 

Jun 13, 2009 1:04 pm

Seniorleads is Larry Klein, if I'm not mistaken.