Is this niche completely saturated?

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BradM

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Jan 18, 2007
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Orange County, CA
I am personally interested in the foreclosure market. I notice that it only gets bigger and more talked about as more and more houses fall to it.

Is this market so saturated online there is no point in competing or even throwing a site/landing page up? I see a dozen WF'ers promoting it alone so I can't imagine how many banks/lenders/buyers have offers up.

Do you think it's worth playing and dabbling in?
 


Yo man, it is a good market; if u can get in. I live in Southern Cali also and know how huge it is down here.

I have not seen many good aff/lead offers to help people avoid or deal with foreclosure as of yet (also haven't been very diligent in my research), though I do know it is an area that once figured out, especially here in Cali, could bring in a lot of $$$$.

Right now, it looks like a lot of manual labor will be involved, though I think their may be two possible ways to do this (which I will let u figure out).

Good luck bro!
 
I'm of the opinion that any market can be jumped into, regardless of how saturated it is. Of course, you are definitely going to earn less then what you could find in an untapped niche.
 
I prefer markets that have a ton of competition.

It means they're all making money. I love knocking out weaker competition and taking their share of the pie. It keeps it interesting.
 
Right behind ya BeeJee... It makes it more of a game to see who you can Own off the map, plus where everyone knows there is money... there is OBVIOUSLY money...

Just gotta give that time and effort people.
 
I am personally interested in the foreclosure market. I notice that it only gets bigger and more talked about as more and more houses fall to it.

Is this market so saturated online there is no point in competing or even throwing a site/landing page up? I see a dozen WF'ers promoting it alone so I can't imagine how many banks/lenders/buyers have offers up.

Do you think it's worth playing and dabbling in?

Do you remember lil2rich4u from GFY? I think he was making $100k/yr profit with this and that's why he left adult webmastering. You should search GFY for his ICQ number and shoot him a message.
 
Do you remember lil2rich4u from GFY? I think he was making $100k/yr profit with this and that's why he left adult webmastering. You should search GFY for his ICQ number and shoot him a message.

I love Rich, I'll do that. I used to keep in touch with him all of the time.

chatmasta: I am so glad you're clever and took something obvious and tried to make a stab at me. Congrats for being a big boy. No doubt I have NO idea where to start with it, I was asking a question.
 
This niche definitely has a high level of competition.

BUT.......most ppl only think about Seach Engine and Adwords.

SE & Adwords are NOT the only 2 ways to drive traffic.
There are plenty others, be smart and creative
Think about Craiglist, web2.0 sites like Digg, or other PPC providers like AdCenter.

In short, this niche is not for newbies with limited amount of capital.
You need some money with decent experience to outperform the competitors.
 
Yo man, it is a good market; if u can get in. I live in Southern Cali also and know how huge it is down here.

I have not seen many good aff/lead offers to help people avoid or deal with foreclosure as of yet (also haven't been very diligent in my research), though I do know it is an area that once figured out, especially here in Cali, could bring in a lot of $$$$.

Right now, it looks like a lot of manual labor will be involved, though I think their may be two possible ways to do this (which I will let u figure out).

Good luck bro!

We have been promoting foreclosure prevention services for a few years. We have several lead generation offer such as Foreclosure Prevention - Stop Foreclosure - eforeclosureprevention.com if you're looking for something to promote.

Foreclosures are going to boom through the next 12-24 months. However its not as big as everyone thinks. there were 8 million foreclosure last year approximately, even if that number doubles to 16 million, its still a small size of the users online. But you can make money at it if your smart at how to target people.
 
The foreclosure market MAY slow down if the government does step in and lower rates, offer help via the FHA or whatever else they are thinking of doing.

Heard about this happening in the next week or so, via CNN, in a doctors office this morning. I say if someone has loans on more than one home (ok, one primary and one vacation) they were gambling and deserve to be taken to the cleaners... You don't see that happening with stocks or stuff like that...
 
Its something like 80,000 people, who already have good credit, would qualify for whatever George Bush was talking about today. It sounded like a political move, some are saying we will hear more when Congress reconvenes.

You can make money in practically any market. More competition just means more loose dollars floating around (easy money.) The real question is, how much money, and how much time invested?

If there is a niche you are interested in, set up a quick test to get an idea how much traffic is out there and how existing offers convert. Thinking and debating to yourself if something will work is really meaningless until there are some solid numbers in front of you. If things look good, then you can work hard on better traffic penetration and better paying offers/leads.
 
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