HVAC lead generation services are marketplaces like Angi, Thumbtack and HomeAdvisor that sell a homeowner's contact details to contractors, usually to several contractors at once and usually whether or not the job books. Owned demand is the opposite trade: slower to start, cheaper per booked job once it runs, and yours to keep.
Every platform fact below comes from the platform's own help pages as of September 2026, and every regulatory fact from the Federal Trade Commission's own case record. Prices on these marketplaces move by trade, job size and market, so this post prices the choice in booked jobs rather than quoting a lead price that would be wrong by the time you read it.
What a lead marketplace actually sells you
A lead marketplace sells one homeowner's contact details, not a booked job and not exclusivity. Thumbtack's help pages for pros describe the model plainly: you pay per lead when a customer reaches out, you set a lead price for every service you offer, and a weekly budget caps total spend across those services.
Thumbtack also says prices vary with the type and size of the job, how many pros are available and your market, which is why the same heat pump request costs one number in a February shoulder week and another in a July heat wave. Its Opportunities, also called open leads, show the price up front and charge only if the customer responds to you. The structural point holds across the category: the charge attaches to contact, not to a signed ticket, and the same request is generally visible to more than one contractor.
It is a real product with a real use: it needs no website, no ad account and no screening to switch on.
What the FTC record on HomeAdvisor actually says
HomeAdvisor, a company the FTC describes as affiliated with Angi, was ordered in January 2023 to pay up to $7.2 million and to stop deceptively marketing its home improvement leads. The widely repeated version, that the FTC fined HomeAdvisor $7.2 million, is not what happened, and the difference matters.
According to the Commission's own announcements, and as of September 2026 this is still where the case record stands: the March 2022 administrative complaint alleged that since at least mid-2014 HomeAdvisor made false, misleading or unsubstantiated claims about the quality and the source of the leads it sold to service providers, including claims that its leads turned into jobs at rates it could not substantiate. The Commission approved the final consent order in April 2023. The $7.2 million was a cap on consumer redress rather than a penalty collected, and in November 2023 the FTC announced it had returned more than $3 million to businesses that had paid for HomeAdvisor memberships, mailing 110,372 checks and opening a claims process for further refunds.
The lesson for a Charlotte shop is narrow and useful: a conversion claim made by the party selling the lead is a marketing claim, and the one time a regulator tested a big one it did not hold up. Price the leads against your own booked jobs, not against anyone's published close rate.
The break-even is your booking rate, not the lead price
Divide the lead price by the share of those leads you actually book and you get the only number that matters, the cost per booked job. ServiceTitan platform data from June 2022, covering more than 3,000 US and Canadian trade businesses, put HVAC call booking at 38%, and shops with fewer than five technicians at 24%.
| Booking rate on those leads | Leads paid for per booked job | Effective cost per booked job |
|---|---|---|
| 24%, ServiceTitan's June 2022 figure for shops under five technicians | About 4.2 | 4.2 times the lead price |
| 38%, ServiceTitan's June 2022 HVAC average | About 2.6 | 2.6 times the lead price |
| 50% | 2 | Twice the lead price |
| 70% | About 1.4 | 1.4 times the lead price |
Use a lower number than your own booking rate, not a higher one. Those rates were measured on inbound calls to the business, and a marketplace request that several contractors are quoting is not the same thing. Run the multiplication before the season, with your gross margin per job on the other side of it.
Angie Snow, a ServiceTitan principal industry advisor, put the same tradeoff from the other direction in that report: "The money that they're not investing there, they're wasting on marketing dollars." She was talking about training the person who answers the phone, and the arithmetic is identical whether the call was free or bought.
What owned demand costs before it pays
Owned demand costs time before it costs money, and that is the honest disadvantage. A Business Profile, a site that books from a phone, seasonal pages published ahead of the season and a follow-up system all compound, but none of them fills tomorrow's schedule the way a bought lead can.
- Local Services Ads need screening first. Google's help pages say verification averages three to four weeks after documents are submitted, and HVAC sits in an urgent category with background, insurance and state licence checks, so enrolment filed in July buys August.
- The Business Profile and the map pack are free but slow, and they reward completeness and reviews rather than budget.
- Seasonal content has to be live before the season it serves, which means cooling in February or March and heating in August.
- The follow-up system is the cheapest of the four and the one most shops never build: the missed call, the unbooked quote, the customer whose system is now the age yours was when you replaced it.
Where buying leads honestly fits
Buying leads fits three situations well: a genuinely slow week that needs filling now, a new service area where you have no profile history yet, and a test of demand for a job type before you build pages for it. In each, you are buying speed, and speed is the one thing owned demand cannot sell you.
- Treat it as a line item with a ceiling, priced per booked job, reviewed monthly against that ceiling.
- Answer marketplace leads faster than you answer anything else, because the request is in front of other contractors at the same moment.
- Log every bought lead in your own CRM the day it arrives, so the customer record survives the month you stop buying.
- Never let it become the whole plan. A channel you rent can reprice, rescope or close, and a shop with no owned demand has no fallback the week it does.
Whose name is on the Business Profile when the lead is yours
Whose name is on the Business Profile is the question that separates these two options, and it is the one to ask of any agency as well. A marketplace lead lives in the marketplace's account on the marketplace's terms. Owned demand runs through a profile, a phone number, an ad account and a CRM that stay in your name.
What that looks like when it runs is a set of systems rather than a campaign: missed-call text-back within seconds with a booking link, a follow-up sequence on every unbooked quote, review requests asked uniformly at the same milestone, and one monthly report in calls and booked jobs rather than impressions. Those systems run in production for Charlotte businesses, and every account stays in the client's name, the phone number and the booking data included, so the whole thing is portable.
Sources
- Federal Trade Commission - FTC Order Requires HomeAdvisor to Pay Up To $7.2 Million and Stop Deceptively Marketing its Leads for Home Improvement Projects - January 2023. HomeAdvisor described as affiliated with Angi; the March 2022 complaint alleged false, misleading or unsubstantiated claims since at least mid-2014 about the quality and source of leads, and about the rate at which leads became jobs; two redress funds established.
- Federal Trade Commission - FTC Approves Final Order against HomeAdvisor, Inc. - April 2023: the Commission approved the final consent order.
- Federal Trade Commission - FTC Returns More than $3 Million to Businesses that Paid for HomeAdvisor Memberships - November 2023: more than $3 million returned, 110,372 checks mailed to eligible home service providers, plus a claims process for additional refunds. The $7.2 million was a cap on redress, not a collected fine.
- Thumbtack Help - How much do I pay for leads and opportunities? - Pros pay for leads when a customer reaches out; prices vary with the type and size of the job, how many pros are available and the market; Opportunities show the price up front and charge only if the customer responds.
- Thumbtack Help - How to set my lead prices - The lead price is the exact amount charged per lead and is set per service; a weekly budget caps total spend across services.
- ServiceTitan - Data Report: Average Call Booking Rates - June 2022 platform data from more than 3,000 US and Canadian trade businesses: HVAC 38% of inbound calls booked, shops under five technicians 24%. Source of the Angie Snow quotation.
- Google Local Services Help - Business screening and verification requirements, United States - Screening averages three to four weeks after documents are submitted; HVAC is an urgent category with background checks, insurance and state-level licence checks; a public verified Business Profile is required.