Buyout is a feature of Leadgeek to reduce competition on the Marketplace. If you’re especially interested in a lead and don’t want anyone else to see it, you can buy out all other spots to make it exclusively yours. Once you use Buyout, other people won’t be able to see its information.
Unlike sourcing lists who provide a quota of leads to a group of other sellers, Leadgeek provides surgical control over the leads you receive.
The purpose of Buyout is to decrease the exposure of a lead’s information to other sellers besides you. This means that you won’t be fighting for the Buy Box and have to share sales with other arbitrage sellers for these flips.
The number of available spots for a lead is displayed in the Marketplace table’s column labeled
The “Spots claimed” column
or marked by the
spots claimed bar at the top of each lead page as a percent.
The “Spots claimed” bar
How to use
Buyout consumes 1 token for each available spot. Using it is easy and only takes a few seconds:
- Go to the page of the lead you’re interested in claiming
Claimin the upper-right corner
Buyoutnext to the token allocation input
Spend "X" tokensat the bottom of the popup
spots claimed bar will immediately adjust to match the number of tokens you just redeemed. Additionally, you’ll now be able to see the identifying details of this lead.
- You’re free to use Buyout on any lead with available spots left. It’s limited either by the number of spots available for the lead or by the number of tokens you have, whichever is less.
- When you spend your tokens on any number of spots, this change is reflected in real-time to anyone else who may be looking at the lead at that moment. This way, there won’t be any overlap or duplicate redemptions (think of how stock prices update in real-time).
- Buyout redemptions are refundable just like single-token redemptions.
🙋♂️ If you still have questions or would like help with anything, please contact support.