What I meant was, lets say you get an email from forced registration. Then what do you do? You'll try to send them a series of emails to try and keep your name in front of them. I say that people who aren't ready to deal with you will just give you their spam email account and ignore those emails. That's what I do with such websites.
I know it's all about lead generation, but a lead is someone who is interested in your services, not some random spam-box email somebody gives you because they have to.
If you can't convince the visitor to come back to your website over and over and voluntarily give their email, then all the other leads are useless. That means your website sucks and you're essentially resorting to hard sales tactics.
I agree that if the MLS board requires registration than it's fine, but when people can go to AustinHomeSearch.com and look at everything for free (and see the listing agent's name/phone next to each listing) then there's no good reason for them to register on my site. My broker does this forced registration, and every day he sifts through tons of bogus emails. The only times he gets good leads is when someone requests more info about a listing, which they would have done anyway whether you make them register or not.
Point is, provide a good reason for registration (such as automated email search) and you'll get quality leads. Force the registration and you'll get crap. I don't consider those leads. I might as well go out door knocking or asking random strangers if they want to buy a house.
I'll add one more thing. I did a poll among my friends, relatives, etc. Everybody said that when they encounter a registration form they'll just hit 'Back' and go look somewhere else.
I noticed how you mentioned having 30k contacts and deleting 10k. I just don't want to waste time sifting through crap like that. That's time I could use responding to real leads who want real info.

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