RedX is among the top choices of real estate professionals when it comes to real estate prospecting. It is recommended by Forbes Advisor, The Close, and other reputable platforms and real estate websites. But is it worth all the hype it's getting?
To help you decide whether RedX is indeed worth investing in, we made a detailed review of its features and products, pricing, pros and cons, ease of use, and more! Meanwhile, if you are in search of platforms similar to RedX, we also listed its top alternatives!
Check out the rest of this blog to learn more!
RedX is a real estate prospecting platform that offers different types of leads and tools so real estate professionals close more deals. Basically, this is an all-in-one platform you can leverage from the start to end of your deal.
The RedX platform offers five major types of leads — expireds, GeoLeads, for sale by owners (FSBO), for rent by owners (FRBO), and pre-foreclosure. After getting leads from the platform, you can utilize Vortex, their real estate lead manager product. This comes free with any lead subscription from the platform.
Once your leads are all organized, you can start connecting with them through RedX dialer products. This power dialer or RedX storm dialer leaves your leads with a pre-recorded voicemail so you don't have to call them one by one.
The RedX platform primarily caters to seasoned and new agents. Its main goal is to help them list homes, find new clients, and build great relationships with their contacts.
This software company has been around since 2003. Since then, they strive to be the best prospecting platform for every real estate agent in the country.
The cost of using RedX depends on the product you'll be using. Here are their different types of leads and how much it costs to access all their features.
Note that for the plus version of all the lead types, you also get to access Market Trend Data, Homeowner Financial Insights, Home & Building Specifications, and Lifestyle Insights. Meanwhile, if you are subscribed to any lead products, you get to use their Vortex product for free.
Moreover, if you want to get their Ad Builder as an agent, expect to pay $49.99/month and their Brand Builder for business for $899/month.
RedX won't be a frontrunner in real estate prospecting if it doesn't have great features. In this section, we'll review each of its features and how an agent can leverage them to achieve financial freedom.
The main goal of RedX is to provide real estate agents with high-quality real estate leads. As such, they offer the following.
RedX has comprehensive data on new and old expired listings on the MLS and proprietary databases that are available to every agent. Ultimately, you'll be provided with accurate listing information from the MLS but you can also use filters to further specify your targets. For example, date of expiry, pricing, tax information, and location.
If you want phone numbers of motivated sellers in your target areas, you may want to sign up for Month GeoLeads. This makes neighborhood farming super easy since you will be provided with numbers and addresses. You get unlimited zip codes, up to 7500 leads, and more.
RedX recognizes that most owners trying to sell FSBO end up looking for a real estate agent when things get super difficult. Through this product, you get a list of FSBO leads every day including their phone numbers that are scrubbed against the DNC list.
FRBO leads is a unique lead type that can provide you with plenty of opportunities. Many landlords and investors are looking to sell but can't find the right market to do so. You can help them by getting their details from RedX.
RedX offers highly motivated pre-foreclosure leads. You may want to target them as new clients or qualified homeowners you want to avoid since distressed properties can be hard to sell in certain markets.
If you make any lead purchase from RedX, you are free to use Vortex, a real estate management platform where you can pull your past clients, RedX leads, and sphere of influence.
Vortex is a simple system that would minimize your use of multiple platforms and deal with messy integrations for your business. Moreover, you would no longer need a lot of folders and spreadsheets in organizing.
Aside from organization, Vortex also has built-in objection handlers and scripts you can use when contacting leads. This platform can also be used to verify your leads so you don't waste time and energy on properties that were already re-listed or is in the DNC list.
RedX's Ad Builder allows you to run social media ads from your RedX database. Why invest in this product for your business? Using the Ad Builder lets your leads see who you are before they become your client. If they already know your brand, face, name, they will trust you more.
Moreover, the Ad Builder feature simplifies your social media ads. All you have to do is connect it to your social media, identify your leads, and Ad Builder will take care of the rest.
Another great thing about this product is that it automatically updates your list of leads so you don't have to re-upload and re-run ads repetitively.
Brand Builder is a product powered by Storry, a company founded by RedX's CEO. Through Brand Builder, you'll be able to find and convert more leads through Instagram, Facebook, and TikTok.
Here's what you get exactly if you sign up for Brand Builder:
To further help you in prospecting and turning potential clients into motivated leads, you can use another great tool from the Red platform which is the dialer. It comes with free phone scripts so you can target the right person in a specific neighborhood in a non-time-consuming manner.
While RedX is already at the top of a real estate agent's list of prospecting platforms, it may still not be for everyone. To help you assess whether RedX is worth giving a shot, check out its pros and cons below.
To use the RedX platform, you first have to sign up to any of their lead types. You can check out the pricing and features of each in the previous sections. After subscribing to a lead product, you can then utilize Vortex. This is not a CRM, but rather, a real estate management platform where you can fill up your pipeline with listing leads. It does not track your interaction with clients or their digital footprint. But it is highly useful in managing building insights, lifestyle insights, and more.
After you've gotten your leads and organized them with Vortex, you can start calling them through RedX Dialers. You have the option to use a single or multi-line dialer. Note that the power dialer doesn't come for free. You need to purchase it for a certain fee unlike Vortex.
Many agents love the power dialer of RedX because it allows them to pre-record voicemails and call leads at their convenient time through the time zone protection. It is for this reason that this integrated dialer has increased conversations for experienced agents 400x.
When someone picks up your call, you are automatically connected to them and once the call is over, you are lined up for another lead. All of these are automated so you won't find yourself stressing over phone calls, etc.
Give their team a call for additional RedX features.
If you're already using the RedX platform but looking for more ways to grow your real estate portfolio, you may want to check out these RedX alternatives.
FollowUpBoss is a real estate CRM that can pull leads from more than 200+ lead sources. This platform is dedicated to making you perform better because it allows lead organization and follow up from one place. Should you decide to use this CRM, you can get started for free without the need for a credit card. You also get 7 days of phone support weekly.
RealtyJuggler is another CRM for real estate that you can test drive for 90 days free. Through this powerful real estate software, you can pull leads from any lead sources even from IDX portals. Moreover, this allows you to send timely drip campaigns and create activity plans for your business. This also gives you the means to chat, text, and email your prospects.
For beginning real estate agents, ProspectBoss is perfect since it is focused on growing small real estate businesses. Through this prospecting platform, you can automate follow ups from your lead source through SMS, calls, ringless voice message, emails, and video SMS. You can also leverage its Call Strike Technology feature that filters out no answers, busy, or disconnected calls.
Vulcan7 is a fairly new real estate prospecting platform that caters to real estate agents. It offers expired, FSBO listings, and FRBO leads as well as a neighborhood search feature. Unlike RedX, Vulcan 7 has a CRM that can help you track the interactions of your leads. Moreover, it has a dialer and video email features so you can establish great relationships with your prospects.
Although not intended for real estate agents, you can still make use of REIKit in real estate prospecting. Especially since they offer leads that aren't in the market yet. In other words, you have a high chance of closing deals. The best thing about this software is that it has ChatGPT enabled marketing capabilities. It can also give you more financial insights.
BoldLeads is used for motivated buyer and seller lead generation. It can fill your pipelines fast as it did for many other real estate agents. To date, they have already generated over 1.2 million leads for real estate professionals. They also offer other prospecting tools and a CRM so you can nail those leads. You can also make use of their 40 landing page templates.
Unlike RedX, Market Leader guarantees exclusive leads each month. Not only do they offer highly motivated leads, but they also have a robust CRM you can use to organize and track lead activity and listing appointments. This platform can also be utilized for creating your own website to get more leads. They also have scripts, guides, and templates.
If you are using the dialer feature of RedX and are unsatisfied, you may want to consider Mojo. Mojo's dialer has advanced calling filters and calling modes to provide you with crystal clear connections. Moreover, for semi-manual list dialing, it has a nurture dialing mode. Similar to RedX, this also allows pre-recorded voicemails and digital call recording.
LionDesk is a CRM currently used by over 165,000 professionals including real estate agents. You can use this to organize your contacts, build multi-channel campaigns, automate client communication, get task reminders, improve your communication flow, generate leads through Facebook ads, and more. This platform can be integrated into a lot of third-party apps and software, too.
CINC is your one stop shop real estate platform that is used by many real estate agents. They also offer expert lead generation through Google and Facebook and their IDX websites. In addition, their lead management system is pretty advanced. You can request a demo from them to assess how they work.
The owner, founder, and CEO of RedX is Mark Leck. He is also the Director and partner of Storry and the CEO and Founder of Green Seed Technologies. He is currently based in Springville, Utah, United States.
Yes. RedX is worth it if you are looking for a comprehensive prospecting platform. Not only do they offer different types of leads, but they also have a real estate manager called Vortex that you can use to organize your leads. What's more, they have a single line dialer and multiline dialer for better prospecting.
Yes. RedX is good for prospecting new leads as it offers not just one, but multiple types of leads including geoleads, pre-foreclosures, FSBO, FRBO, and expired leads. These potential leads are pulled directly to RedX's real estate management platform called Vortex. Note, however, that RedX doesn't sell the leads exclusively so the chances of competition may still be high.
RedX is totally worth the investment whether you are a new real estate agent or already seasoned in the business. They offer the best types of leads and their phone numbers are scrubbed against the DNC list. What's more, if you avail of any of their leads, you get to access Vortex, their powerful real estate manager product.
Moreover, RedX also increases your productivity by providing you with a dialer feature you can use in cold calling leads. Through this, you'll find yourself closing more deals than your competitors.
Nevertheless, if you're already using RedX but want to buy real estate leads exclusively, contact us at Property Leads. All our seller leads that were generated through SEO are sold exclusively to lessen your competition.
Fill out our form below to start getting motivated seller leads from us.
30 N Gould St Ste N
Sheridan, WY 82801
(207) 309-3949
sales@propertyleads.com
