Helpful information. Fortunate me I discovered your website unintentionally, and I am shocked why this coincidence did not took place in advance! I bookmarked it. -

Jennifer, I think that would be a good idea, if nothing else, to keep others from falling prey to this scam. Maybe Duncan can facilitate communication between us and any other investors who have been scammed by this company so we can organize a joint complaint.

We are currently disputing the charge with our bank; and I recommend you do the same.

We did also submit a complaint to the BBB against Realestateinvestor (3.0). As expected, it did not resolve anything; but it will stay on their record and serve as a warning to prevent future scams by this company.

It would be a good idea for other investors who’ve had problems with them to also submit a complaint to the BBB. The more complaints they show, the stronger the warning to those considering doing business with them. You can submit the complaint right on the website.

For those who are considering the 3.0 system, they might want to check out their BBB profile. They are rated D+ (on an A to F scale). Hopefully, once more investors submit their complaints, the rating will go to the F they really should have.

BBB profile: http://www.bbb.org/dayton/business-reviews/real-estate-services/real-estate-investor-in-springfield-oh-17185

@Job

Shall we get together for an FTC complaint? Same problem here. They sent me the same list of things that they did. They just cut and paste the same stuff all over the web and call it yours. It’s insane.

Have had exactly the same experience with Web 3.0 Riches. Zero leads in the last four months. Typos on the web page and the video blog posted for us by the company was horrible. Factual incorrect and completely amateur. It would actually convince a seller not to do business with our company. Initial response to my most current complaint took four days to respond to and it looks like they cut and pasted the response above listing all the things they supposedly did. Also promised to forward the complaint to a manager who I have never heard from.

So their ONE YEAR Money back is fraudulent then …  As I read the sales letter, it said simply prove to them that you did not get leads cheaper somewhere else, you get your money back.

You should take it to the state's attorney general…
and the FTC…

Addtional response:
I'm sorry to hear that you feel this way.  I did look into your inquiries within the ticket system and it looks like they have been responded to.  I see that you did just submit a change form that was acted on.  They are also in the process of changing your name to your business name on everything that has been put on the web so far.     

We stopped work upon receiving your email, but unfortunately we have incurred expense setting up your system as described in the Terms of Service http://web.realestateinvestor.com/info/terms you agreed to electronically when you purchased the program. Since your enrollment about 2 months ago, we have completed the following steps on your project:

Platform Set Up

01) Research Selected Target Audience
02) Research Local Search Keywords
03) Select Two Ideal Keyword Phrases
04) Conduct Domain Name Research
05) Private Domain Name Registration
06) Complete Server and Hosting Setup
07) DNS Domain Name Configuration
08) Set Email Marketing Domain Settings
09) Email Marketing SMTP Settings
10) Create New Email Marketing List
11) Setup and Connect WordPress Blog
12) Optimize Blog and Install All Plugins
13) Create Opt-in Form for Squeeze Page
14) Write Unique Text for Squeeze Page
15) Basic Optimization of Onpage Copy
16) Optimize Meta Data for Squeeze Page
17) Update All User Account Information
18) Quality Control Content and Function

Internet Marketing Set Up

01) IP Configuration and E-mail Setup
02) Create Onpage SEO Report for Client
03) Google Local Business Submission
04) Other Local Biz Directory Submissions
05) Profiles on Real Estate Social Networks
06) Squidoo Lens & Hub Page Account Set Up
07) Set Up Premium Blog Directory Accounts
08) Article Directory Account Creations (200+)
09) Podcast Directory Account Creations
10) Video Directory Account Creations (25+)
11) Social Bookmarking Account Creation
12) Submit to RSS Feed Aggregators (20+)
13) Configure and Optimize Video & Podcast
14) Overall Quality Assurance Review

SEO & Internet Traffic Assault (in progress)

01) Select a Content Topic for Target Audience
02) Create Original Version of Article and Edit
03) Begin Writing of 10+ Unique Article Versions
04) Post Original to WordPress Blog and Ping
05) Social Bookmarking Round 1 (squeeze Page & Blog)
06) Develop Visual Content for Online Video
07) Create Squidoo Lens and Optimize for Keywords
08) Write and Post Classified Ad for Backpage.com
09) Submit to Premium Article Directories (Batch 1)
10) Social Bookmark Round 2 (Squidoo Lens)
11) Social Networking Blog Submission (Batch 1)
12) Social Bookmark Round 3 (Active Rain)
13) Create Hubpages Hub and Optimize Keywords
15) Submit to Premium Article Directories (Batch 2)
16) Social Bookmark Round 4 (Blog)
17) Social Networking Blog Submission (Batch 2)
18) Social Bookmark Round 5 (Hubpages)
19) Record and Upload Audio for Video and Podcast
20) Begin Submissions to All Video Sharing Sites
21) Begin Submissions of Audio to Podcast Sites
23) Complete All Video and Podcast Submissions
24) Social Bookmark Round 6
25) Begin Submitting to All Article Sites (200+)
27) Complete Submissions to All Article Websites

There were several people that worked on your project including a web developer, copy writer, quality assurance lead and an SEO advisor. Generally speaking, our return policy is like that of other services in that we do not refund after work has been completed. As a business owner yourself, I am sure you can understand that there are costs associated with the labor and other expenses incurred to develop a unique internet marketing program using the information you provided us in your original questionnaire. 

Perhaps a representative way to look at it is this – let's say you hired a contractor to do some improvements for a home you just purchased. The price for the project was $1,500. After completing a significant portion of the work, you change your mind, decide to not have the remainder of the work done and ask for a refund. Would it be reasonable to ask the contractor to give you back your money for the work that has been completed?

On occasion, we have customers who “suspend” their account in anticipation of re-activating it down the road when the timing may be better for them. Although their squeeze page and blog are no longer live, we can store the platform for future use and their monthly maintenance fee is no longer incurred.

We look forward to hearing back from you and we’re more than happy to discuss this with you on the phone if you would like.  Just let us know the best number to reach you at as well as a couple windows of time throughout the day.   We will confirm one with you via email and  will be sure to call you.

Angela
Customer Service
RealEstateInvestor.com
 

 
Response to cancelation request:
Sorry for any delay in response, I had to speak with my manager about your inquiry.  I am sorry that I do not have a desired response to help you with your request as our no-return policy is made clear within the Terms of Service. This is the document that you signed electronically on the checkout page when you purchased (you can review the terms of the service here… http://……../info/terms/)  have passed your issue along to my superior and expect that they will be back with you shortly.  It is my hopes that since you have already paid for the service that we can help you utilize the program to its fullest potential.  We look forward to helping you build your business and believe you will find that your investment was well spent. Sincerely,Sarah  Web 3.0 Team

I completely agree. We got caught in Web 3.0 Riches program sales spiel. They offered a system that would produce leads like no other, coupled with a great sounding “money back guarantee.” As soon as we signed up we were charged $1,495.00 and monthly charges of $97.00. We were told that it would take a couple months to get results, which we understood. We didn’t go into this expecting a miracle; we expected a progressive growth in results: a few leads in the beginning and growth from there.

By the end of the third month, we were no closer to getting a single lead than we were when we started. All we had was my personal name posted all over the internet (in such sites as linkedin.com, biggerpockets.com, activerain.com, etc.) and the sorriest looking squeeze page I have ever seen. I would not have attached my company name to this page if they had paid me. Here are some verbatim phrases and titles from the page. The grammatical errors are not a mistake; this is exactly how they were posted on the page. These are also complete titles; so, you are not seeing them out of context. This was it!

“Experience, You Don’t Have To Demand That We ‘Sell My House In Nashville Today’.”
“Getting buyers so you can ‘sell my house in Nashville today’ is what we do!”
“Just one week will produce offers for your house; better than you ever thought possible!”
“Seller education is part of our business strategy; to be a savvy seller, you must understand the market.”
“We have several different selling methods and can help you apply the correct one to sell fast.”
“Get more information on your options, payments and our practices which aid the seller to get out fast.”
“We’ll work to fulfill your goals in short time.”

Several attempts to get this corrected still produced terrible results.

We requested a cancellation since we had not received any results from the site and, of course, were told that we cannot get a refund. The “money back guarantee” has conveniently vanished…

We’re in the process of escalating the issue in several ways to get our money back. Once we get it back, I’ll update here to help anyone is going through the same situation…I expect there will be many.