Pay Per Closing’s Mike Oddo Acquires HouseJet.com
By David Thompson
Apr 12, 2022 03:51 PM EDT
Apr 12, 2022 03:51 PM EDT
Pay Per Closing’s Mike Oddo Acquires HouseJet.com(Pay Per Closing) (Credit: Getty Image)
Mike Oddo, founder of Market Maker and the newly launched Pay Per Closing, has acquired HouseJet.com. The move is a part of a plan to build the first and only real estate portal that collective agents own. Each member who joins Pay Per Closing, Oddo's no high monthly cost technology platform, will have a chance to be awarded shares of stock. Housejet.com is another value addition to Oddo's value portfolio for real estate agents, a portfolio he's been building since leaving his hometown Omaha, Nebraska and being licensed at 20 years old as a newbie agent in Lake of the Ozarks.
20-year-old Mike roughed the first few years of real estate out as he struggled for business. Moving from his hometown, he left any leverage and would spend the days ahead cold calling and door knocking before his crack at online lead generation in 2012 at 26 years old. Through online advertising, Mike would grow a seven-figure brokerage becoming the number one agent in his market. Following his success, Oddo started a technology company, Market Maker, providing the tech and tactics he learned to succeed as an agent to agents online looking for answers. Market Maker made the INC 5000 list multiple times and helped multiple real estate businesses achieve the same honor.
Oddo has acquired housejet.com to pair with the value agents receive by working with his new company Pay Per Closing using Market Maker's advertising and technology for agents to generate more commissions, but structured differently. Pay Per Closing will provide real estate agents with fresh new exclusive and the necessary knowledge to convert the leads into dollars without a monthly fee. Market Maker requires a minimum of $1,500 per month to send you qualified leads directly to your calendar with clients like the notable Ryan Ruehle, who invested $20,000 over a year with Market Maker but saw a return of $200,000 singing their praises. Unfortunately, over the decade, Oddo's team has been unable to serve those financially affected and unable to invest until 2022, where Pay Per Closing can take agents in this unfortunate situation onwards and run their advertisements under the agreement of a 25% referral fee.
Oddo gets paid only when you close, but given the significant upfront risk, it's clear via the companies updates access Facebook and their website that you must require a base level skillset with the motive to succeed and become a market leader.
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