Internet Mortgage leads are going the way of the birds

It seems that the demand for mortgage leads has very much exceeded the invetory of avail product

(PRWEB) March 5, 2004 -- We have been in the mortgage online business for many years and I can tell you that the Internet mortgage lead seems to be dead. More and more mortgage companies who have purchased Internet leads are telling us that the closing ratios are down dramatically from a few years ago. The reason is that the quality of more lead is not as it once was. People who are seeking a mortgage use the Internet as a tool for information and do not necessarily want to submit an application online, but rather pickup the phone and talk to a mortgage professional in their area. I do believe the internet mortgage lead business is failing, I see mortgage lead companies going out of business all the time and if your reading this article you probably agree with me.

I do however believe that the new wave of mortgage lead generation will be with Search Engine Engineers battling for Organic Optimization through regional behavior research, in other means, SEO people optimizing for extremely localized relevant terms

Example, Buy a home in Montgomery MD.

http://www.mortgagemarketers.com specializes in just that kind of marketing. 100# pure organic SEO. Stay tuned for internet mortgage related articles.