8 Comments:

• Avoid this company like the plague!
  Everyone in the real estate industry should read this article!
  
  Take care! http://www.ripoffreport.com/reports/ripoff152601.htm

  By Anonymous, at 3:23 AM  

  ---

• Avoid this company like the plague!
  Everyone in the real estate industry should read this article!
  
  http://rightdowntown.com/ca5/leadfacts.html

  By Anonymous, at 3:26 AM  

  ---

• I just really cannot believe that this company is still in business. If we were living in the old west, these guys would have been strung up from the tallest tree.

  By Anonymous, at 3:35 AM  

  ---

• This company does not have customers or clients. It has victims. Don't be their next.

  By Anonymous, at 3:45 AM  

  ---

• I just finished reading an article which said that Reply.com CEO, Payam Zamani, had his first two businesses blow up on him, and that this latest company, Reply.com (which also goes by the alias of AgentConnect.com) lost $2 million dollars last year.
  
  This would explain why the leads they sell come with no guarantee, despite the fact that their salespeople claim that 1 in 10 will convert into a transaction.
  
  If that's the ratio, then why aren't all the leads after the 10th unsuccessful lead delivered free?
  
  I'll tell you why...because every lead is of the same quality, and they'd all be free. If you're still thinking about purchasing leads from Reply.com, I've got a bridge for sale!

  By Anonymous, at 7:44 PM  

  ---

• Wow, this is funny stuff! I once worked with Payam Zamani, and in all honesty, I'm hard pressed to think of anything good to say about him, his companies, or his business practices.
  
  AgentConnect.com, the division of Reply.com that I worked for, guarantees that the leads they sell are valid. Apparently, Payam Zamani's perception of validity differs widely from my own.
  
  I once asked Payam, "Payam, if we deliver a lead in which the home address is fraudulent, or non-existant, and where the realtor is unable to contact the homeowner by phone, which part of that lead is valid?". Payam's response was, "Many people don't want to leave their true home address. As long as the lead comes with a working phone number, then that is a valid lead."
  
  Perhaps I don't have Payam's ability to think outside of the box, but if I had just paid $300.00 for a lead where the address is a vacant lot, and the phone number is a pager, or just rings and rings and rings...I'd be less than willing to consider that a valid lead.
  
  I am also aware of a few instances where salesmen were submitting fake leads through the website, because the company was unable to generate any leads in certain regions. You see, AgentConnect's policy was to not pay its sales staff unless they were able to deliver the leads which the contract required. So, rather than get stiffed on their sales, it was easy enough for the sales staff to find some sort of messaging site which offers free voicemail, and submit bogus information.
  
  And these would be, by Payam's rather creative and flexible definition, a bonafide and valid lead. I don't know that the company was aware of how widespread this practice was, but they were aware that many leads were submitted by children, and by web-surfers being pranksters. Payam himself told me that almost all the leads submitted with the zip code 90210 were fraudulent. That, however, did not stop the company from contracting for them.
  
  I was friendly with the 30 or more salespeople I met during the time I worked for AgentConnect.com, and I think I can safely estimate that between them they sold more than 5 or 6 thousand leads while I was there.
  
  The funny thing is, we were all very excited one day when, out of the blue, one of the leads turned out to be valid. I'm not kidding...one of the leads actually converted into a transaction! That was a red-letter day, I'll tell you!
  
  I only remember it happening once. I guess it's like catching a baseball during the world series. Sometimes, someone in the crowd is going to get lucky.
  
  My advice regarding purchasing online leads from AgentConnect.com would be this: if you've decided that this is something you definitely want to do, then flip a coin. Heads, you sign AgentConnect's contract. Tails, you buy the equivalent value in lottery tickets. With any luck, it will come up tails.

  By Anonymous, at 8:48 PM  

  ---

• Here's a great article about another one of Payam Zamani's fly-by-night, ill-researched, and therefore completely ineffective con-games:
  
  http://www.cio.com/archive/031501/notcom.html
  
  Here's a new word for the dictionary:
  
  If you've purchased something that is absolutely worthless, then you've been "zamani'd".

  By Anonymous, at 7:55 PM  

  ---

• If you have purchased online real estate leads from AgentConnect.com, you may be entitled to a refund. Please contact us, as we are gathering clients for a class-action suit against this company.
  
  Additionally, we are working with State Attorney General, Bill Lockyer, concerning their marketing practices. Please email us at:
  
  corporateceo@astound.net

  By Anonymous, at 9:16 PM  

  ---

Post a Comment
Back to Homepage