So you’ve been a realtor for a while now or perhaps you just started. As you probably know, your industry is all about marketing yourself, your Realty services and how you are different from all the rest of the agents. Perhaps these current ideas might help you get the competitive edge, increase your listings and attract new buyers. Here’s what I’ve seen and used for the tops sellers in your industry. Perhaps they might work for your real estate sales and marketing efforts.
Email marketing is an affordable, effective marketing tool with one of the best ROI’s in the marketing world. To build your list, add signup to your website, your Facebook page and your email signature. To improve signups, offer incentives; ideally something of good value to subscribers, but low cost to you. To get more opens with email marketing, keep your subject lines short and interesting. Reminder to keep your readers educated, not sold to. Use email automation that will trigger from signups sending out welcomes, birthday wishes and timed email series about you, your company segregate topics of interest and demographics.
Website Lead Capture
Most real estate agents use some form of sales CRM for leads, opportunities and task tracking. Using this sales tool has proven to increase sales opportunity to close ratios up to 24% by making sure that all leads are followed up in a timely manner. Most CRM’s have web to lead forms that can be added to your website to automate your lead generation process. Of course it goes without saying, your website has to be found, so good SEO settings must be made on and off your website so Google searchers will find you.
Build A Referral Program
As many of you know, one of the best ways to secure new business is through referrals from your past clients that are “happy campers.” Often these referrals are coming from friends and family. In fact, studies show that referrals and repeat business makes up 82 percent of all the business signed with real estate agents. However, it’s also a well known fact the only 11-12% of sales people ask for them. Therefore, it’s good to make a conscious effort to have a referral request conversation. Make sure it’s done through a natural dialogue so as not to appear desperate.
Get 5 Star Reviews
It couldn’t be easier to get reviews today with website widgets and social media. People are looking for and believe the reviews from other people. In fact, statistics say 88-89% percent of consumers look for 5 star ratings for businesses. Close friends or family referrals have been a proven way to spread the good word about good realtor services. This means making a conscience effort to ask for good referrals to use for your reviews of your quality services online.
Use A Professional
It might be worthwhile to take a few things like marketing off your plate. Did you know that the average business owner spends 20 hours a week on marketing? Besides, why wear so many hats and still only end up with average results and possibly harm your personal brand? It might be a good idea to hire a professional marketing agency or freelancer to take on the challenge. Good rule of thumb: spend 10% of your annual revenues on marketing for moving forward results.
To be on the cutting edge of Realtors today, you need a cutting edge. Watch for part 2. Same time, same place next week.