I received a call from a representative at USHUD.com who made plenty of promises he knew he couldn't keep but they figure there will always be someone else they can scam when I quit anyway. They charge $195 per month to be the exclusive agent in your market but what they don't tell you is they have 4 separate websites so they can sell 4 people n every market. That wouldn't be a deal breaker if they could provide the quality leads they promised. They run adds for cheap repos and provide you with leads from people who can't get a loan and want repo's for practically nothing. I received around a dozen leads and all of them were like that. I talked to an agent who said he was quitting after 4 months and he hasn't received one "good lead". They do allow you to cancel but they don't return your fee for the month you cancel and I was convinced it was a scam after 4 days. The salesman said the vast majority of leads I will get are from buyers of $160,000 to $250,000 homes. NOT!
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Pathetic Internet Real Estate Lead Generation
Posted by Tricia on 2014-04-08
INTERNET, ILLINOIS -- I signed up for USHUD internet Real Estate lead generation services on March 20. They promised leads for QUALIFIED individuals who want to purchase foreclosed properties. After 2 weeks I had received not one single lead and I finally received 3 this week after I sent a letter of complaint. Of the 3, one has a bad phone number and email, one is looking for Section 8 rental housing and the other has POOR credit. I am aware of the difficulty in converting leads as I subscribe to several other services. However, in order to convert 1 you actually need at least 30 leads.
I cannot believe that they are charging $199 per month for this ridiculous amount of leads. I asked for a refund after only 3 weeks and they simply canceled my account so no further charges would be made. This is unacceptable and I want a full refund. The amount they charge is highway robbery and there is no value in the information I received. They also promise exclusivity in the market, but they have at least 3 websites and sell to 3 different agents.
Also, since I signed up they keep sending me advertisements asking if I want to join and be the exclusive agent. Are you kidding me? I already signed up and they are recruiting me for the very same area...that shows their insincerity and lack of exclusivity.
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Ripped off by Ushud.com
Posted by Terra on 2013-10-31
INTERNET -- I've been in the real estate business for over a decade & my business is booming . Against my better judgment when contacted by USHUD.COM I decided to give it a try . Only 1 agent per city, unlimited leads for a month for a $195 fee/ month, you could cancel the following month if you decided to. Sounded alright, even if 1 legitimate lead had been generated it would have paid for iteself... right ? Well, let me tell you not only did I not receive a single response to my emails or phone calls to these so called leads I even received one with the name Candy Von Peppermint ..I mean that pretty much sums it up.
When I did give notice (by email & phone call) before my first month was up that I wanted to cancel I was again billed $195. When I called in to speak with customer service about the unauthorized charge I spoke with a rude individual who told me that the reason I didn't receive a response from any of the so called "leads" they sent me was because a phone call and email isn't enough contact to get someone to respond if they are an interested buyer WOW . Please do not fall for this scam of a company like I did .