The Most Publicly Documented Lead Test In Real Estate

He Bought 10 Leads. Then 10 More. Then 10 More...

The largest public case study of Leadzolo leads we've ever seen: 400+ hours of live, unedited calls, streamed live for 50 days straight.

Context Before Claims

The Disclosure, Upfront

Real estate investor RJ Bates III was a Leadzolo partner during this challenge, running a promotional offer through his channel. We're leading with that instead of hoping nobody notices, because it's exactly why the rest of this page is worth trusting.

He didn't just read an ad for us. He ran Leadzolo's leads head-to-head against five other lead sources, live, for 50 straight days, and published the full scoreboard every single day, including the days it wasn't working. That's a much higher standard than a typical testimonial.

One more thing worth knowing: RJ was buying nationwide leads at $100 each during this challenge, a discounted partner rate. Nationwide leads today start at a $50 minimum bid, lower than what he paid, and now come backed by a contact guarantee if you genuinely can't reach the seller.
The Test

The Challenge

RJ set out to work leads in every single state, live, for 50 straight days, tracking every result in public as he went. Six lead sources went into the test side by side, including his own cold-calling operation. Every contract sent, every contract signed, every dollar reconciled, streamed roughly eight hours a day, four days a week. Altogether, more than 400 hours of it.

He didn't buy Leadzolo leads once and write about the results. He bought 10, worked them, bought 10 more, and kept going back, again and again, for the length of the entire challenge. That pattern, a real customer re-purchasing in public over and over, speaks louder than any single good week.

Watch The Public Record

Don't Take The Case Study On Faith.

The playlist is the proof layer. Watch the calls, KPI reviews, good days, slow days, and the numbers being updated in public across the challenge.

50-day challenge Live calls KPI reviews Unedited footage
51-video playlist
50-Day Results

The Scoreboard

Here's how all six sources compared over the full 50 days:

Source Contracts Sent Signed Deals Revenue
Leadzolo 85 61 24 $252,500
Cold Calling 27 14 7 $40,000
Other PPL Company 17 14 5 $93,500
JV 15 15 5 $51,250
SEO 4 2 1 $70,000
Other 13 11 6 $105,000
Total (all sources) 161 117 48 $612,250
Leadzolo
Contracts Sent85
Signed61
Deals24
Revenue$252,500
Cold Calling
Contracts Sent27
Signed14
Deals7
Revenue$40,000
Other PPL Company
Contracts Sent17
Signed14
Deals5
Revenue$93,500
JV
Contracts Sent15
Signed15
Deals5
Revenue$51,250
SEO
Contracts Sent4
Signed2
Deals1
Revenue$70,000
Other
Contracts Sent13
Signed11
Deals6
Revenue$105,000
Total (all sources)
Contracts Sent161
Signed117
Deals48
Revenue$612,250

"Deals" combines the Closed and Sold columns. Revenue reflects expected profit on signed contracts still in the pipeline plus actual profit already realized on closed deals, added together. It's not revenue from closed deals alone.

50%

24 of 48 completed deals across the entire challenge came from Leadzolo.

54 vs. 38

Leadzolo produced more contracts than the other five sources combined.

4.4x

The next best single lead source on signed contracts: 61 signed vs. 14.

3.4x

The next best single lead source on completed deals: 24 vs. 7.

68%

Of every property that reached the disposition stage came from Leadzolo.

The Part That Matters Most

Same Leads. More Follow-Up.

This is the part of the story that actually matters most, and it's the most honest one.

Leadzolo's sign rate didn't start at 71.8%. It started in the 40s. Across the challenge, RJ tracked it obsessively against his own 70% target, and it moved like this:

Reported sign-rate progression
Started in the 40s. Then moved through every stage below before finishing at 71.8%.
Start 44%
Then 50%
Then 56.3%
Then 67.4%
Then ~69%
Dip 62%
Final 71.8%
The dip is the point. It wasn't a clean upward line. The final 71.8% came after the rate moved backward too — which is why the story is about persistence, not one magic calling trick.
What changed

It wasn't a straight line. He reported it going backward more than once, on camera, with no spin. But the climb tracks less to any single trick and more to consistency and follow-up: working leads persistently instead of writing them off early. One of his own examples: a lead that finally answered on roughly the sixth call, and went straight to a signed contract once it did. Elsewhere, he mentions calling a single lead for months before finally reaching her.

The takeaway

Some leads convert on the first call. Others take six calls, or months. That's a more honest, and more useful, takeaway for a new buyer than "get better at calling." The leads didn't change. What separated a slow start from a strong finish was persistence.

Unscripted Commentary

In His Own Words

Everything below is from RJ's unscripted KPI reviews, live calls, or answers to his own audience, not the sponsored ad read.

On why he doesn't run his own ad campaigns

He explains that running his own PPC never made sense to him: why build that in-house when a company can do the work of finding the most motivated sellers for him?

On the price, in week one of the challenge
“A hundred dollars for a lead is very affordable... every time we get people on the phone, it's a quality conversation.”
Reviewing his own numbers, unprompted
“We have spent the most on Leadzolo, but we've also closed more deals with Leadzolo than anything.”
On his own buying pattern

He describes buying 10 leads, then another 10, then another 10, going back to the well again and again across the challenge.

And the moment his co-host Cassi DeHaas mentioned almost in passing: they'd renamed their internal tracking folder to something like “Titanium + Leadzolo.” Nobody renames a working folder for an audience. That's the kind of small, unscripted detail that says more than a testimonial could.
No Cherry-Picking

The Honest Parts

A case study that only shows the wins isn't credible. Here's what the data also shows:

01

Leadzolo's average deal size was smaller than one competing source. A different lead source produced fewer total contracts but larger individual deals. Leadzolo won on volume and total contracts, not on being the biggest deal every time.

02

Cold calling was actually cheaper per contract on raw cost. It just didn't scale, and it fell apart three times more often (35.7% cancellation vs. Leadzolo's 11.5%).

03

He publicly missed his own pace goal. He was on pace for roughly 200 total contracts sent early on and finished at 161, still an average of more than three contracts sent every single day for 50 straight days.

04

The first two days of the entire challenge produced zero signed contracts. Including from Leadzolo. Every buyer's first week can look like this.

One Ordinary Example

One Deal, Start To Finish

Partway through the challenge, a seller named Tracy called in on an inherited property: vacant, in need of work, with comparable homes nearby selling for $125,000 to $150,000. RJ worked the call the same way he worked every inbound lead: reference the property, confirm the seller's own form submission, ask what they want, qualify the condition and motivation.

RJ called it an ideal lead. It's also just one ordinary example of what the whole 50-day scoreboard was made of: several hundred calls like this one, most of them far less dramatic, some of them dead ends, a meaningful number of them turning into exactly this.

Questions Worth Asking

FAQ

The case study is strongest when the limitations are as visible as the upside.

Was RJ paid to promote Leadzolo?
Not with a flat fee. RJ earns an affiliate commission on the investors he refers to Leadzolo, the same program anyone can join, so his payout depends on customers actually signing up and sticking around, not on reading a script. What makes this case study different from a typical sponsorship is that he put his own money on the line buying leads, ran them against five other sources live for 50 days, and published the full scoreboard daily, including the days it didn't work.
Is this a typical result?
No. This was an experienced, full-time wholesaler with a team running a high-volume, high-effort 50-day push. A more realistic benchmark for Leadzolo leads is a 5–8% lead-to-contract rate and 60–90 days to a first close. This case study shows what's achievable at a high level of skill and volume, not a guaranteed outcome.
Why did the sign rate start so low?
Because some leads convert fast, and others take repeated follow-up over weeks or months before they answer. The most useful part of this case study isn't the final number, it's that the same lead source climbed from a sign rate in the 40s to 71.8% as follow-up and consistency built up over the 50 days. That's the expectation to set for anyone starting fresh: don't write off a lead that hasn't answered yet.
How much do nationwide leads cost today?
RJ paid $100 per nationwide lead during this challenge, a discounted partner rate. Today, nationwide real-time bidding starts at a $50 minimum bid, and every nationwide lead is backed by Leadzolo's contact guarantee: if you put in a documented, honest effort and genuinely can't reach the seller, you get a full credit.
Do I need to run my own marketing to work with Leadzolo?
No. These leads come from Leadzolo's own marketing, not campaigns you have to run yourself.
What does “exclusive” actually mean?
Every lead that matches your criteria goes to you alone. Nobody else sees it or competes for it after the fact.
See It In Your Market

The Numbers Don't Lie. Neither Does 400+ Hours Of Video.

Nationwide bidding starts at $50, with a contact guarantee built in. See what these leads look like in your market.

This case study reflects one experienced operator's results during a high-volume public challenge and does not guarantee similar outcomes. Performance varies by market, follow-up, acquisition skill, offer strategy, lead volume, disposition, and other factors.