Today’s Shad is sponsored by a serial offender – Mortgage Magnet. The Sydney-based leadgen charlatans are defined by illegal advertising, baiting, and deception. Details I provided wouldn’t qualify me for a park bench, but according to the returned results – (and despite my crazy LVR and existing rate of 1.9%) – I still qualify by refinancing the ‘correct way’ (in
Australian Broker News are taking an interest in the dodgy leadgen underground – nice work, Ryan. Had a chat to The Australian this morning (they were interested in illegal activities in the wake of the BRC) and Channel 9, with the latter taking interest in the practices used to exploit vulnerable consumers. It’s nice to see the seedy practice garnish
Shad of the Day, 5th July 2023. At this point, and after a few hundred Shads, I’m a little deflated and may need a Bex and a nap. If I haven’t provided enough evidence to the industry that exposes the clear and deliberate deception, malfeasance, non-compliance, baiting practices, and false advertising as introduced by the clueless pay-per-lead crowd, I’m not
Further to a Shad we posted a couple of days ago, we had a few ‘concerned’ brokers contact us. We took to their experience once again in an effort to identify all areas of malfeasance, and we’ve noted 37 individual infractions that’d land you in trouble. (Pictured is basic evidence of their fake 2000+ 5-Star reviews). We’ve added this group
Today’s Shad comes from ‘Peter Hill’, a fake persona running a fake ‘offshore’ brokerage. We’ve talked about this fake brand before, but continued operation requires an update on their MO. I personally hold the opinion that any broker that engages with any company that operates ‘illegally on their behalf’ should be expelled from the industry. It’s harsh, but surely most
Shads of the Day, 12th June 2023 – both serial offenders: Mortgage Magnet and My Local Broker. Their lacklustre and deliberately deceptive subscription funnels are so similar we’ve simply grouped them together. The former group is probably one of the lowest performing leadgen charlatans in the country (and seriously, probably the entire Oceanic region), while the latter group (MLB) are
Like a lot of brokers, the experience delivered to LP by their digital representation isn’t just less effective than our free product, it’s also non-compliant for a number of reasons (with the standout attribute being the deliberate dishonesty introduced into the subscription funnel). While there’s a few big-ticket infractions, it’s the indiscriminate ‘You Qualify’ style of message at the end
We’ve reviewed a product called ‘Revvr’. Associated with a company that is responsible for some of the most deceptive and non-compliant products in the market, this service is no different. It’s a leadgen system that is powered by blatant non-compliance. The leadgen pages created by this mob are listed as malware and/or blacklisted with AVG, Avira, McCafe, and Google Malware.
Shad of the Day, 25th May 2023. More non-compliant leadgen nonsense. Consumers deserve better. This advert and subscription experience comes to us courtesy of the group that is also responsible for the fake ‘Peter Hill’ ads (and probably others). The persona is fake, as is the website, website reviews, advertising, and results. It’s all a lie. There is not a
Another Shad of the Day, 21st May 2023. A pay-per-lead company called Leadify have consistently and deliberately introduced non-compliance into broker businesses. They’re the perfect model of finspam. Why would any broker build the presence of an illegal brand when it’s so ridiculously easy to introduce a superior and fully-owned customer experience that returns far better customer experiences and conversions?
The following Shad of the Day (21st May 2023) comes from a mob that inspired us in various ways (I’ll introduce what we did n a moment). The Mortgage Magnet experience is one that is typical of the weekend-educated digital guys, and it’s a good example of deception, false advertising, baiting, and very deliberate non-compliance. No leadgen agency should ever
Another Shad for today, 19th May 2023. My Local Broker are a group that’s generally perceived as progressive. Their advertising, however, for as long as I can remember, is misleading, deceptive, and illegal. Keeping in mind that they have improved over time, their ridiculous and business-debilitating quiz purports to provide qualification regardless of the data supplied by the user. In
