Sometimes yes. Here’s how these platforms make money, when they work for big-ticket water jobs, and how to tell from your own numbers whether to keep paying.
Every foundation and waterproofing owner has an opinion on lead platforms, and most of those opinions come from one bad month. Here’s a more useful way to decide.
Pricing models and terms on these platforms change often, so check your current agreement. This post is about how to judge them, not what they charge this week.
Angi, HomeAdvisor and Thumbtack all rank well for home-service searches and collect requests from homeowners. They make money by charging contractors for those requests, as leads, per contact or through a membership, depending on the platform and your plan. On many of these platforms, the same request can go to more than one pro.
That’s the model. It isn’t a scam. But it means the platform’s customer is the homeowner, and you’re the one paying for access to them.
Pull three months of data for each platform:
Cost per sold job and revenue per dollar spent tell you everything. A platform with expensive leads and a good close rate can beat a cheap one. And if you’ve never tracked these numbers, that’s the first thing to fix.
On page one for “foundation repair near me” you’ll usually find Yelp, Thumbtack and Angi near the top. Every homeowner who clicks them is a homeowner you’re paying to reach. Every spot you win back with your own Google Business Profile and pages is one you don’t pay for per lead.
The owners who get off the treadmill don’t usually quit the platforms cold. They keep the one that performs, drop the rest, and put the difference into a channel they own.
We build your own channel and track it next to your platform spend, for one company per trade per city.
How we do it →The free audit shows where you rank in your towns, who's beating you, and whether your city is open for your trade.