Prospecting – The Close https://theclose.com Fri, 29 Apr 2022 04:02:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://theclose.com/wp-content/uploads/2017/12/theclosefbprofile2-60x60.png Prospecting – The Close https://theclose.com 32 32 Door Knocking for Real Estate in 2022: Will It Still Work? (+ Tips & Scripts) https://theclose.com/door-knocking-for-real-estate/ https://theclose.com/door-knocking-for-real-estate/#comments Fri, 29 Apr 2022 04:02:40 +0000 https://theclose.com/?p=8599 Door knocking for real estate often strikes fear into the hearts of new agents, but we want to help you overcome your fears and succeed with these tips and scripts.

The post Door Knocking for Real Estate in 2022: Will It Still Work? (+ Tips & Scripts) appeared first on The Close.

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There’s just something about door knocking for real estate that strikes fear into the hearts of new agents. “What if they slam the door in my face?” “I don’t want to bother anybody…” “What if they don’t like me??!!!”

We hear you, really we do. Nobody wants to feel humiliated just to get leads. But what if I told you rock star Beverly Hills agent Ben Bacal used door knocking to land clients like Leonardo DiCaprio and even knocked on Keanu Reeve’s and Grant Cardone’s doors? You’d want to learn more, right? Well, you’re in luck! 

In this article, I go over everything you need to know about door knocking for real estate, including the best scripts and 15 door-knocking tips to get more leads. I’ll wrap up with my 2 cents on whether or not door knocking is still effective after the pandemic.

Download Free Door Knocking Scripts

The Best Door Knocking Scripts for 2022 (+ Video Examples)

1. Ben Bacal’s Beverly Hills Door-knocking Scripts

If you’ve been an agent for more than a few months, chances are you’ve heard of Ben Bacal. He’s one of the most successful luxury agents in Beverly Hills—he sold a Bel Air home for a record-breaking $94 million and has sold homes to Matt Damon, Ellen DeGeneres, and Madonna.

What most agents don’t know is that Ben Bacal got his start in real estate door knocking. Here are Ben’s general door-knocking script and the script he uses for “drive knocking” mansions with gates and intercoms:

2. Sean Moudry’s Door-knocking Script for Listing Agents

Trying to come up with a value proposition to justify knocking on a stranger’s door on a Sunday morning isn’t easy. The best value proposition you have as an agent is a track record of success selling homes in their neighborhood. So if you have a recent listing that received multiple offers, print them out, black out the personal information, and put together a mini-presentation you can use as a talking point. Now that you have a reason to be there, here is a script you can use from Sean Moudry:

3. Monica Carr’s Beginner’s Door-knocking Script

Coldwell Banker agent Monica Carr went from broke to earning a million dollars in real estate through building a brand and door knocking. The script she used was dead simple, but highly effective. First, because it gave her a valid reason to knock on a stranger’s door, and second, because it built enough curiosity to spark conversations with homeowners. Here is her script from her TomX talk:

You can hear Monica explain her script in more detail and share her inspirational story in her TomX talk How to Earn $1 Million in Real Estate in 4 Steps with Absolutely NO BUDGET below, which has been viewed over 700,000 times.

4. Eri Hass’ Market Report Door-knocking Script 

A former music industry executive, Eric Hass started his real estate career door knocking in one of the most expensive cities on earth— Los Angeles. While most agents probably think door knocking million-dollar homes would be pointless, Eric disagrees. Here’s how he framed the issue in his interview with Mike Sherrard: “Luxury doesn’t mean $#$%, it’s just another zero on the price, and those people need to sell too.” 

Like Monica’s script, Eric’s script is simple, friendly, and offers homeowners something to be curious about to spark conversation. Here is the script:

Watch Eric explain his script and go over his best door-knocking tips in his interview with Mike Sherrard here:

5. Micah Mruwat’s Home Valuation Door-knocking Script

Real estate coach and former EXP Managing Broker Micah Mruwat is another industry thought leader who is bullish on door knocking. Like the other agents here, Micah starts off by introducing herself and wraps up by offering something of value that will stir curiosity and spark a conversation.

Watch Micah explain her script in more detail and go over other door-knocking tips in her video here:


16 Door-knocking Tips to Get More Leads in 2022

1. Don’t Ask for Business, Offer to Help 

Chris Linsell, Senior Staff Writer/Real Estate Coach, Theclose.com 

One of the biggest mistakes new agents make when door knocking is trying to hard-sell total strangers on their doorstep. Unless you have a stellar track record in their neighborhood, this will turn off most homeowners. Instead, focus on how you can help them. The distinction is subtle, but important. Check out Chis Linsell’s video below for a quick run-through of his door-knocking strategy and why it works.

2. Don’t Forget to Bring Your Door Hangers

One of the best leave-behinds you can use when door knocking are door hangers. Simply put, they have one of the best returns on investment (ROI) of anything you can print and put in front of your leads. Full stop.

Illinois Coldwell Banker Broker Danielle Procopio agrees:

“Never miss the opportunity to ‘touch’ a lead. If no one is home, we’ll leave a laminated door hanger with a personalized message and attempt to connect with the homeowners at least four times, and then mail them a neighborhood market analysis. Always follow up with a letter, postcard, phone call, and so on. You want to be seen as the neighborhood expert.”

You can get gorgeous custom-designed door hangers as well as social media templates, business card templates, and more at Lab Coat Agents (LCA) Marketing Center. LCA Marketing Center is similar to Canva, but everything they offer was designed for and by top-producing Realtors. The difference in quality is massive.

Visit Lab Coat Agents Marketing Center

3. Don’t Try to Close the Deal on Their Doorstep

The cardinal rule of any real estate lead generation strategy is to only focus on moving relationships to the next step. In the case of door knocking, that next step is generally either a phone call, being added to a direct mail or drip campaign, or if you’re really lucky, a listing presentation.

While you may be eager to close deals, pushing too hard for goals that are unrealistic is a surefire way to get a door slammed in your face. Sure, you want to seem confident and maybe even a little bit hungry to close, but most people instantly turn off when presented with a “sales pitch,” no matter how good it is. This is especially true when you’re standing on their doorstep on a Sunday morning.

So do yourself a favor and save the hard sell for your listing presentation or better yet, when you’re finally writing an offer for your buyer. Instead, focus on just moving the ball down the field. What next step do you realistically want your homeowner to take with you? A phone call? A visit to your open house? Focus on that and you’ll have much better luck knocking doors.

Related Article
15 Clever Real Estate Prospecting Ideas to Boost Your GCI

4. A Small Compliment Can Go a Long Way in Building Rapport

A compliment, if it’s sincere, is one of those ice breakers that has probably worked since the last ice age and will continue to work for a thousand years. So the next time you’re out door knocking, try to find something genuine to compliment the homeowner on.

Cindy Trotier, a Coldwell Banker agent from Illinois, uses small compliments to break the ice with homeowners whenever she can.

Cindy Trotier headshot

“When prospecting, it’s important to find common ground with the potential client, and complimenting them on their home goes a long way. Start with: ‘Nice yard, you certainly have a green thumb,’ or ‘Those are beautiful flowers.’ Make the conversation about them, not you. Additionally, share something of value along with your business card (e.g., market area report). Ultimately, you want to build relationships first.”

5. Leverage Your Brokerage’s Success if You’re a Newer Agent

Elliman Report Q3-2021

Another hard and fast rule of lead generation is that you need to have something on the table that your leads actually want. That can be something as abstract as a conversation or advice, or something as concrete as a well-researched comparative market analysis (CMA) or market report.

If you feel like you have nothing to offer, then you’re doing it wrong. Just by virtue of having access to your MLS, you have more information at your fingertips than the average homeowner. It’s just a matter of packaging that data in creative and useful ways. Why not hire a virtual assistant to put together 20 CMAs for homes in a neighborhood you want to target?

Sure, that will cost you money, but how many other agents are going the extra mile like that? As Close Contributor Beverly Ruffner always says: You only need to be a little bit better than the competition.

But you don’t even need to go this far. Instead, you can just leverage your brokerage’s success. Many large brokerages like Douglas Elliman create market reports specifically for their agents to use as marketing pieces. A hot-off-the-press market report can be very useful for homeowners who may not be paying attention to the market … YET.

Just remember that data on its own is cheap these days. The real value comes from analyzing and packaging that data in ways that are useful to your potential customers.

6. Allow Yourself to Fail in Order to Get Better

If you’ve worked in real estate for more than 10 minutes or own a television, you’ve probably heard of Barbara Corcoran. What you may not know about Barbara is that she grew up poor, dyslexic, and was waiting tables before she decided to become a real estate agent.

Fast forward a few years and she ended up selling her innovative brokerage, The Corcoran Group, for more than $66 million. Like many entrepreneurs, she credits her amazing success to learning lessons from failure.

So now you may be sitting here thinking this is the sappiest cliche of all time, and why are you even reading this? Well, let’s just say that successful people didn’t get that way without breaking a few eggs. So smile and laugh when someone slams a door in your face, learn to meditate, start a healthy morning routine, and always remember that you’re not a brain surgeon—you’re just trying to close some deals. So don’t be so hard on yourself. Things are going to work out, but you need to let yourself fail first. It won’t kill you. I promise. 😀

Related Article
Why So Many Real Estate Agents Fail After Just 2 Years (+ How Not To)

7. Dress for Success, but Don’t Forget Comfort

Dress for Success

One of the best-kept secrets of success in any sales job shouldn’t be a secret at all. Here it goes: People are going to judge you, and harshly, based on your appearance. Yes, we know it’s not fair, and yes, we know you really think your leads won’t care if you show up in sweatpants and a T-shirt to show them houses. We’ve heard these arguments over and over again. Of course, that doesn’t make them right. 

Far from it, actually. In reality, people, especially the older people who own the majority of the homes in this country, are going to judge you for what you wear, and there’s nothing you can do about it. As long as you’re comfortable, dress as nicely as you can when you’re out door knocking.

Not sure how to dress to impress? Luckily, we put together guides for women and men on how to dress, and more importantly, how NOT to dress to close more deals.

Related Article
Affordable Men’s Fashion for Real Estate: The Ultimate Guide for 2022
Related Article
13 Things to Never, Ever Wear to Work as a Realtor

8. Make Some Fun Pop-by Gifts & Bring Them With You

Texas Coldwell Banker agent Andrea Smith swears by pop-by gifts:

Andrea Smith headshot

“Create some fun, well-thought-out pop-bys that convey your message. When Valentine’s Day is right around the corner, I attach my business cards to a small bag of chocolate hearts that say, ‘You’re the heart of my business.’ It’s a great way to help people remember me and begin a positive interaction as I’m out knocking doors. I feel like the addition of a special touch helps to open the door to a better opportunity to generate a lead or referral.”

Pop-by gifts are small gifts that you can leave with homeowners in order to get them to remember you. Things like candy, seeds, or any other small gift with your message and contact info will work. Cheesy jokes optional, but kind of encouraged.

Related Article
17 Clever Real Estate Pop-by Ideas to Get More Referrals in 2022

9. Learn the Best Days & Times to Door Knock in Your Farm Area

Learning when to knock doors is like asking which baseball team is the best. No matter who you ask, you’re going to get a different answer. But there is a general consensus from people who use door knocking as their primary lead generation strategy:

Saturdays between 10 a.m. & 5 p.m.

Most people are home, but are more than likely still in get-stuff-done mode instead of full-on relax mode, like they are on Sundays. The only caveat here is neighborhoods where observant Jewish people live. In that case, you just might want to wait until Sunday, as Saturdays are days of rest in the Jewish religion.

And likewise, knocking on doors on Sunday if your community is devoutly Christian may not be well received. In short, know your audience and respect their private time.

8:00 a.m. to 11:30 a.m. during the week

Another good time to door knock that most people skip is in the morning during the weekday. You’ll catch a lot of entrepreneurs, home workers, and retired people who are just getting their day together, and so may be more receptive to dealing with “work.”

10. Invite Them to the First Open House at a New Listing

I don’t know about you, but I’m always desperately curious to see how my neighbors live. What does that cool-looking brownstone with the cute little yard look like inside? I bet it’s nice …

In order to satiate their curiosity, always take the time to door knock in a circle around a new listing before you have that all-important first open house. It not only helps you look good to your homeowner (neighbors gossip), but might just help keep you top of mind with the neighbors as well.

Minnesota Sotheby’s Shawn Leetz takes advantage of the curiosity factor to help drive traffic to her open houses:

Shawn Leetz headshot

“Before the first open house at a new listing, I will door knock to hand out personal invitations to the neighbors, introducing myself and letting them know that it is always a good idea to know what is going on in their neighborhood. Also, I like to let them know that it’s OK to come and take a peek; some folks are shy about walking through their neighbor’s home. Not only does this engage the community, but this is another way to offer value to your client (the seller).”

Need some ideas to actually generate leads at your next open house? Check out our guide to open houses here.

Related Article
27 Open House Ideas That Will Actually Get You Leads

11. Avoid Burnout: Don’t Try to Knock Too Many Doors in One Day

Contrary to popular belief, being physically and emotionally exhausted at noon is not a signal that you worked hard, and definitely not a signal that you were effective. It’s a signal that you’re stressed, tired, and probably cranky to boot. Basically the exact opposite mindset you need for a successful door-knocking campaign. Who wants to talk to a stressed-out stranger on their doorstep? The answer, of course, is literally no one.

So if you want to avoid burnout, set yourself a realistic goal of say, 20 doors to knock before you head to the office or start your open house this weekend. If you don’t believe us, just imagine knocking that super-lucky door where a millionaire who wants to sell lives and being too wiped out to build a rapport with her.

12. Track Your Progress: That Which Gets Measured, Gets Improved

One thing many agents forget when out door knocking is to track their progress. How many doors did you knock? How many doors got slammed in your face? Which doors should you absolutely avoid next time? Which seemed kind of promising? Who seems like a decent candidate for a direct mail campaign?

You don’t have to hire MIT to crunch the numbers for you here. Just keep a little log book or notepad app on your phone and take some notes when you’re out door knocking.

You also need to measure your performance if you want to get better. What went right? What went wrong? Does your script need tweaking? Are you getting less nervous or more nervous?

13. Ask Open-ended Questions: Avoid Yes or No Questions

Want to know a secret to not being boring? Get people to talk about themselves and then really listen to what they’re saying. That’s it. Easy, right? Well, yes and no. After all, you have a pretty clear agenda here, right? You’re not just walking your farm area at 8:30 a.m. on a Tuesday to chat about the weather.

Not only does the same rule apply to door knocking, but it’s actually crucial to your success. Think about it. You have maybe 15 seconds to get and keep their attention. Even if you’re super-charming, they’re probably looking for an easy excuse to get back to their newspaper and bagels. Answering a simple yes or no is one of those excuses.

So to avoid giving them an easy out, never ask questions that can be answered by a simple yes or no. Instead, try to get them engaged in a conversation by asking open-ended questions and actually listening to their answers instead of just waiting for your turn to talk.

14. Stay Safe: Knock With a Partner

Since safety should be one of your main concerns, you might want to think about finding a partner to door knock with. It could be a junior agent who needs to work on their pitching skills or an equal team member, but the facts are that pairing up is almost always safer than going it alone.

By the way, this applies just as much to “safe” neighborhoods as it does to neighborhoods with higher crime rates. The simple fact is you never know who is going to answer that door, so having a buddy across the street watching your back is always a good idea.

It could just be a creepy old man who gets too flirty, but a quick “Hey, would love to chat more but my partner is across the street” should be enough to throw cold water on most people.

While the odds of getting into trouble are pretty rare, you never know. As an added bonus, you’ll have a margarita partner if you decide to knock off early. 🍹🧉

Related Article
9 Top Real Estate Safety Apps You Need to Know About

15. Don’t Be Afraid of Luxury Neighborhoods

Can we talk about super-attractive people for a minute here? If there’s one thing they say over and over again, it’s that fewer, not more, people hit on them. While this might seem counterintuitive, it makes sense when you think about it. After all, most people assume they have no chance, so they don’t even bother.

Well, you can think about wealthy neighborhoods like that super-hot guy in your spin class. You might have a low chance of getting his digits, but if you don’t go talk to him, you have ZERO chance. Why not give it a shot?

The other good part of knocking on rich people’s doors is that they’re more likely to be entrepreneurs—and maybe also more likely to be self-made entrepreneurs who appreciate a good hustle! Maybe some eccentric billionaire will take a shine to you and give you 10 listings to sell this year. Hey, you never know until you try, right?

Related Article
How to Become a Luxury Real Estate Agent—10 Easy Ways to Break Into the Luxury Market

16. Good Deeds Can Help Build Good Will in Your Farm Area

If you want to get in good with the locals, there’s nothing like doing something selfless and useful for the community. I don’t know about you, but whenever I see someone helping others in my neighborhood, I can’t help but like them.

Like a lot of successful agents, Texas Coldwell Banker agent Scott Bullard started out with empty pockets, but a deep desire to help his community:

“I started with no money, so I had to be creative. I had a T-shirt made with my real estate company in big letters, and walked my neighborhood at strategic times to come face to face with as many people as possible while I picked up any trash that I saw and disposed of it. I also went around collecting email addresses of my neighbors and started a weekly e-newsletter.”

The 30,000-Foot View: Is Door Knocking Still Effective in 2022?

Com in - Go away doormat

If you had asked us this question in April 2020, we probably would have said no. There were just too many unknowns about the pandemic for us to even think about telling agents that knocking on strangers’ doors was a good idea.

Of course, now with multiple successful vaccines being distributed and Omicron waning, we are once again bullish on door knocking for one simple reason: Agents have been relying on technology to generate leads way, way too much over the past few years.

These days, it seems like every agent is obsessed with perfecting custom audiences for Facebook ads, or trying (and failing) to go “viral” on Instagram instead of honing the one skill they need to last in this industry: making a personal connection with another human being.

So, the more everyone in your office leans into technology, get up, go outside, and go knock some doors.

Over to You

Do you think door knocking will disappear or make a huge comeback in 2022? Let us know in the comments.

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Convert More With This 4-Step Real Estate Lead Management Strategy https://theclose.com/real-estate-lead-management-strategy/ https://theclose.com/real-estate-lead-management-strategy/#respond Fri, 01 Apr 2022 01:37:28 +0000 https://theclose.com/?p=34968 Convert more leads with our 4-step real estate lead nurturing & management strategy, and turn 2022's high volume of leads into closed deals.

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Realtors face an unexpected problem, and here’s the refrain I often hear from them, “Chris, I need to generate more leads!” I’d argue that that’s not true. As an industry, lead volume has increased more than sixfold since 2016. We’re actually generating more leads than we ever have before.

Our real problem isn’t a question of volume—it’s conversion. Despite this explosion in lead volume, agents nationwide aren’t turning them into clients at nearly the same pace. How do we solve our conversion problem? First, we’ll share the four primary reasons real estate leads don’t convert, and then give you an effective real estate lead management strategy that can address them. Plus, we’ll provide the tools you’ll need to get started. 

The 4 Reasons Real Estate Agents Aren’t Converting Leads

Real estate agents everywhere are suffering from terrible conversion rates. Only a small margin of that sixfold increase in leads we discussed are becoming actual buyers and sellers. It’s not uncommon for typically performing agents to convert only 1-2% of their online leads—sometimes even fewer. Why is this rate so low? Here are four major reasons.

1. Speed to Lead

We live in an instantaneous customer service environment. When a prospect completes a real estate lead capture form, they expect to hear back from someone on your team within minutes. The reality is, the typical real estate agent is responding to leads within days, not minutes, starting a relationship off on exactly the wrong foot. Any delay will immediately lower your potential conversion rates.

Related Article
How to Build Rapport With Inbound Leads, Quickly [+ Scripts]

2. Fumbled Lead Handoff

It’s rare that a real estate lead is generated, addressed, and converted by the same person. More often than not, there are multiple services or people in the process, which generates opportunities to miss important details when a lead is handed off to the person who will ultimately service them. 

In marketing, we call this a “leaky funnel.” As leads are progressing down the sales funnel toward a transaction, they drop out because of poor communication and unmet expectations.

3. Consistent, Multitouch Follow-up

Many Realtors make the mistake of thinking that the leads they generate online from their website, social media, or services like Zillow Premier Agent will be consistently hot, ready-to-buy-and-sell-tomorrow leads. That simply isn’t the case. 

In fact, it’s not uncommon for leads who have personally requested a direct follow-up from you to require multiple, varied messaging before you ever make contact. Too many Realtors will reach out to a lead once and never do so again after they leave a single voicemail.

Related Article
How to Master the Follow-up Phone Call in 2022 (+ Scripts)

4. Effective Lead Prioritization

Your leads aren’t just names and numbers on a spreadsheet. They’re people with their own timelines, priorities, and levels of urgency. Realtors who don’t have a system to sort leads by priority based on opportunity, need, and customer-service value will end up missing a chance to convert because they’re not striking while the proverbial iron is hot with the right clients at the right time. 

Solving the Conversion Problem: Real Estate Lead Management Strategy in 4 Steps

Real Estate Lead Management Process

To solve the lead conversion problem and overcome these four hurdles, you need an effective real estate lead management strategy and ideally, an easy-to-use platform to help you execute your plan. 

Top Producer, paired with their exclusive real estate lead management platform FiveStreet, offers tools to respond to your leads faster, follow up consistently and effectively, create a seamless handoff to the right person, and prioritize your high-value leads above all others.

Visit FiveStreet

Related Article
Top Producer CRM Review + Video Walk-through

Step 1: Activate Your Lead Autoresponses

Which conversion problems does this step solve?
Speed to lead + consistent, multitouch follow-up

Effective auto-response tool

Autoresponders are your first line of defense against poor conversion rates. An effective autoresponse tool both answers questions before they’re asked as well as opens the door to conversations that will lead to active clients. 

In an industry when an agent’s time is often gobbled up by showings, closings, and other vital face-to-face client interaction, we can’t always jump to provide a personalized response in real time. Autoresponders allow you to meet consumer expectations without sacrificing the important face-to-face interaction needed to get you to the closing table. 

Ready to activate your lead autoresponses? Here’s what to do: 
First, you need a customer relationship manager (CRM) or a lead management system like FiveStreet that offers autoresponders. When a new lead comes in, we suggest sending two messages:

  • Email: Send an automated email to any lead that introduces yourself and your team (if you have one), and connects your prospects with any of the important places you’re active. We recommend links to your social media, your blog, and your website, as well as links to client resources like buyer-readiness checklists, your digital listing presentation, and more.
  • Text message: Send an automated text message to any lead who acknowledges that their request has been received and you’re looking forward to helping them. Encourage your recipient to respond directly to the text message with questions, specific needs, and more.
Related Article
The Best Real Estate CRM for 2022: In-depth Reviews & Pricing

Step 2: Distribute Leads Seamlessly to the Right Person

Which conversion problem does this step solve?
Speed to lead, fumbled lead handoff, effective lead prioritization

Distribute Leads Seamlessly to the Right Person

If you’re a solo real estate agent covering the soup-to-nuts operation, this step isn’t for you. But, if you work with a team, or even if you hire a virtual assistant, an Inside Sales Associate (ISA), or engage in any type of paid lead generation, your leads need to be handed off. 

A manual, ad-hoc lead handoff process leads to missed communication, sloppy follow-up, and low conversion rates. An automated, trackable lead distribution system like the one offered by FiveStreet takes the guesswork out of getting the right lead to the right person in a timely fashion. 

Ready to start assigning leads seamlessly to the right person? Here’s what to do: 

Depending on the size of your operation, you can take one of two approaches:

  • Solo agent: Set up a tracking system using a spreadsheet (or, if you’re a FiveStreet user, use their lead tracking dashboard to get a sense of exactly when and where your leads are coming from). Next, record your efforts to reach out and convert them in your CRM (like the one offered by Top Producer). 
  • Real estate team: First, determine which types of leads are right for each team member; for example, send listing leads to listing agents and buyer leads to buyer’s agents. Then, set up a lead broadcast system (FiveStreet offers an excellent option here) that directs the right leads to the right team members, at the right time.

📌   Pro Tip

This isn’t a set-it-and-forget-it strategy. If you go through the process of setting up a lead broadcast system, monitor your agents’ effectiveness with the leads they receive. FiveStreet’s analytics dashboard allows you to measure the effectiveness of lead conversion by date, source, type, agent, and more.

Step 3: Prioritize Leads Based on Need + Opportunity

Which conversion problem does this solve?
Speed to lead, fumbled lead handoff, effective lead prioritization

Effective lead prioritization

There’s no way around it—not everyone can be your #1 priority all the time. Effective lead prioritization is all about understanding the specific needs of each unique lead and measuring opportunity gained versus lost if you don’t act immediately. 

Put another way: Part of increasing your conversion rates is better understanding of who needs your attention today and who doesn’t need it until tomorrow. A great way to do this is to get consistent with the use of tags in your CRM profiles, marking your immediate, medium-term, and long-term nurture leads. 

Ready to start effectively prioritizing leads based on need + opportunity? Here’s what to do:

Use your CRM’s existing tagging system (or create custom tags of your own) and classify all the leads coming into your system as one of the following:

  • Buy / Sell NOW (follow-up daily)
  • Actively Considering Buying / Selling (follow-up 2x weekly)
  • Passively Considering Buying / Selling (follow-up 2x monthly)
  • Undecided to Buy / Sell (follow-up 1x monthly)
  • Cold Lead (follow-up 1x quarterly)

After these tags have been applied, make the first part of every work day about follow-up. Emails, phone calls, or text messages are all acceptable, but make your leads receive and interact with effective communication. Don’t forget to provide value every time you talk—lip service is worth nothing in the real estate industry. Your words need to be backed up by action.  

Step 4: Create Multiple, Automated Lead Nurturing Campaigns

Which conversion problem does this solve?
Consistent multitouch follow-up, effective lead prioritization, fumbled lead handoff

Automated Lead Nurturing Campaigns

It’s not uncommon for real estate leads to require upward of eight marketing touches before they begin to actively engage with you. And, even after they engage, your leads may not be ready to become a client just yet, which is why consistent, automated nurturing campaigns are so important. 

A lead nurturing campaign is designed to bring your lead from their starting point all the way through to when they are ready to actively begin working with you as a client. 

“But Chris, leads aren’t all created equal. How could one campaign effectively nurture the people who need two weeks, two months, or two years?” One campaign won’t do that. 

That’s why you need multiple, automated campaigns you can apply to all types of leads based on your most common lead experiences.

Ready to start creating multiple, automated lead nurturing campaigns? Here’s what to do: 

Start by assessing the leads you typically receive. Are they buyer leads? Seller leads? Both? Next, assess the typical time frame you’re spending getting buyers and sellers to the starting line. Then, use CRM resources like those available from Top Producer to implement lead nurturing campaigns based on that expected timeline. 

If you want to create your own automated campaigns, you can do that too. The Close has resources that can help:

Related Article
My 6-Day New Lead Text Messaging Campaign + Agent Texting Scripts
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Long-term Lead Nurturing: Tips & Scripts to Avoid Overtasking
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Bringing Your Real Estate Lead Management Strategy Together

You’ve read each of the steps individually, but sometimes it’s hard to see the forest for the trees. So here’s a quick snapshot of what a typical day might look like for an agent who has put this strategy into action.

The day starts when they open Top Producer to see what the lead activity looked like overnight. Hey! Five new leads. Each lead received a welcome email and a follow-up text message, so you know they’ve been engaged right out of the gate. 

If you lead a team, you can then check FiveStreet and learn that the two buyer leads were forwarded to your buyer agent, the two seller leads to your listing agent, and the luxury listing lead has been sent to your inbox. You can look at the FiveStreet dashboard to see who’s engaged these leads and who hasn’t—something you can bring up in your team meeting later today. 

Next, you head back to your CRM to review your new lead’s information and check on your daily priority tasks, reaching out to the people who you’ve tagged as daily touches. Finally, you review your nurture campaign stats to see that you’ve got dozens of leads in the pipeline, high open and click rates for all your emails, and lots of website activity. 

Your leads are converting at a higher rate than ever before, and it’s good to be in real estate.

Top Producer + FiveStreet: A Potent Combination for Real Estate Lead Management

Top Producer + FiveStreet logo

If you’re looking for a platform to help you put this strategy into action, we suggest Top Producer’s exclusive real estate lead management tool, FiveStreet. Combined with their CRM, Top Producer X, and the strategy we’ve spelled out here, you’ve got every opportunity in the world to crush your conversion goals. Visit FiveStreet today to get started.

Visit FiveStreet

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How Circle Prospecting Got One Tampa Realtor 200 Leads in ONE DAY https://theclose.com/circle-prospecting/ https://theclose.com/circle-prospecting/#comments Thu, 10 Mar 2022 22:56:40 +0000 https://theclose.com/?p=669 Circle prospecting is a lead generation strategy the focuses on outreach to homeowners who live near recently listed or recently sold homes.

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Circle prospecting is a lead generation strategy the focuses on outreach to homeowners who live near recently listed or recently sold homes. One of the most common questions we hear from Realtors is how to do circle prospecting effectively.

While it sounds easy, circle prospecting actually requires planning, strategy, and a bit of marketing savvy, so we’re sharing this deep dive and a case study on how one Tampa Realtor generated 200 leads in a day. We’ll share her effective circle prospecting strategy, plus seven tips and scripts you can start using today to generate leads using circle prospecting.

What Is Circle Prospecting?

Circle prospecting is a real estate lead generation strategy where real estate agents contact all homeowners surrounding a specific listing. The goal of circle prospecting is to generate leads by showing social proof with the listing. Think of it as building a mini-farm area that has a direct interest in the transaction you will close in their neighborhood.

Video: Circle Prospecting Reimagined

In the age of Inman and mastermind groups, truly innovative real estate lead generation strategies are rare. I should know. Every week I get pitched by at least half a dozen real estate agents, teams, brokerages, and tech companies promising an exciting new way to get leads. None of them are exciting, and none of them are new. Innovation isn’t easy.

That’s why we were so excited to watch Tampa Realtor Christina Griffin’s presentation at Tom Ferry’s Success Summit. With inspiration and guidance from Tom, Christina came up with an exciting AND new (well, new to us, at least) circle prospecting strategy.

Christina’s strategy combines cutting-edge technology and one of the oldest lead gen techniques there is: circle prospecting. Check out Christina’s presentation on her strategy below, then read on for our thoughts and some tips from our own coaches for better circle prospecting.

Before You Circle Prospect: Don’t Let ‘Cold’ Leads Slip Through the Cracks in Your CRM

REALqualified

While circle prospecting is a great way to generate leads, any top-producing agent will tell you the same thing: The real money is in the follow-up. How many “cold” leads who might transact soon are sitting in your customer relationship manager (CRM) right now? If only you had the time to follow up…

Enter REALQualified. REALQualified’s team of highly trained inside sales agents (ISAs) will follow up with your leads on your schedule. That means instead of getting hung up on 20x a day, you just get real appointments with real qualified leads.

Visit REALQualified

Deep Dive: Christina’s Circle Prospecting Strategy That Got All Those Leads

Business Person Working

Like most great ideas, Christina started with something that has worked historically and tweaked it with new technology. Here’s what she did.

Starting with a new listing, she leveraged the age-old technique of circle prospecting—reaching out to homeowners in a circle around her recently listed, or recently sold, property with a targeted message.

However, instead of sending postcards or using door hangers, Christina brought circle prospecting into the 21st century.

She started by gathering the cell phone numbers of people who lived near her listing from a company called Cole Realty Resource. She then checked the Do Not Call (DNC) list, and using software called Slybroadcast, left each of them a message on their voicemail. This is a crucial part of the strategy. Slybroadcast does not ring their phones—instead, the message goes straight to voicemail.

Here’s the script she wrote with Tom’s help:

Simple right? Well, most great scripts are! The more complicated your message, the higher the likelihood it will be ignored. This is true for almost all marketing and lead generation.

Think about it. Which copy works better for ads: long convoluted copy that touches on a dozen ideas, or a simple straightforward pitch that encourages your lead to take a specific action?

The Results…

Her results were truly astonishing:

She sent out a total of 1,200 messages to cell phones in a two-mile circle around her listing. From those messages, she got over 200 returned calls. So many, in fact, that her poor call coordinator from MyOutDesk couldn’t keep up with the volume.

From those 200 calls, Christina and her team managed to get two new listings and four closed buyer deals. All from a simple, high-tech circle prospecting strategy that didn’t require cold calling, door knocking, or Facebook advertising. Not bad, right?

Related Article
How to Hire ISAs That Can Convert: 5 Tips From the Conversion Queen

The Follow-up: Using Technology to Grow Genuine Relationships

As many of you already know, the money, of course, is in the follow-up. Anyone with deep enough pockets or a clever idea can get their phone to ring. Turning those calls into closed deals takes practice and a good lead nurturing strategy. Luckily, Christina’s team has both.

They took the returned calls from their circle prospecting and put them into their CRM (BoomTown!) and labeled them appropriately.

They also smartly used a Google phone number to track the calls, and used SMS-based lead nurturing to engage with the leads they didn’t speak to personally.

Related Article
My 6-Day New Lead Text Messaging Campaign + Agent Texting Scripts

7 Circle Prospecting Tips & Scripts for 2022

Top View of Houses

If you’re an agent who doesn’t like the idea of using Slybroadcast but still wants to get better at circle prospecting, here are seven circle prospecting tips for 2022 from our real estate coaches Chris Linsell and Sean Moudry:

1. Don’t Make Your Circle Too Large

A common mistake that new agents make when circle prospecting is making their circle too large. They think if reaching 50 homes is good, then reaching 200 homes will be better. In reality, this strategy will be more costly, more time-consuming, and will likely get you worse results.

The reason why is simple. The further out you go from the home you transacted on, the less relevant that transaction will be to the homeowners you reach. Let’s say you closed a two-bedroom bungalow for 20% above asking in neighborhood X. Why would someone who owns a seven-bedroom mansion in neighborhood Y care? Worse, if you contact them with irrelevant news, they will assume you’re not very interested in their needs. To them, you’ll just be another salesperson trying to make a quick buck.

Instead, try to target 50 homes or less, and make sure all or most of the homes you target are at least somewhat similar.

Related Article
Real Estate Farming: How to Become the Go-to Agent in Your Neighborhood in 2022

2. Don’t Overthink It

Another mistake that many agents make when circle prospecting for the first time is overthinking their scripts. It’s a natural mistake to make because well, most agents want to do a good job and they study those scripts like their lives depend on it.

In reality, a script should be like an outline for a story. You should use them as a general guide to start and maintain a conversation, but never forget that this is a conversation. Yes, you want your lead to set up a listing appointment, join your email list, whatever. But if you overcomplicate your script, you’re going to come across like a robot.

Remember Christina’s simple script: “This is Christina Griffin with the Griffin Group at Coldwell Banker. We just listed a home in your community XXXX. If you know anyone looking to move, give us a call.”

Related Article
4 Real Estate Cold Calling Scripts + Tips to Conquer Your Fears

3. Get Over Your Fear of Door Knocking ← This One’s Important!

Door Knocker

Most new agents are scared of having a lead hang up on them during a cold call, but the fear of door knocking verges on phobia. If you don’t believe me, find a new agent and ask them to come knocking on doors with you next week.

The reality, of course, is that just like cold calling, the fear of door knocking is pretty irrational. Most people are not jerks, and you will be surprised at how many appreciate the courage it takes to knock on their door. It makes sense when you think about it. After all, you just proved to them that you’re a brave salesperson who isn’t afraid to work hard and risk rejection. Isn’t that the whole point of lead generation and marketing anyway?

Related Article
Door Knocking for Real Estate in 2022: Will It Still Work? (+ Tips & Scripts)

4. Understand That Circle Prospecting Is Not Just About Getting Leads

Another mistake new agents frequently make with circle prospecting is giving up if they don’t get leads right away. After all, circle prospecting takes time, effort, and money. Shouldn’t you expect a return on investment (ROI)? Well, yes, but sometimes that ROI will come later rather than sooner. Circle prospecting is just as much about marketing as it is about generating leads.

For example, you might send out just-sold postcards in May, but get a phone call in September when a homeowner is thinking of moving. Or you might send out that postcard in May, then go door knocking in September and have the homeowner remember you from the postcard. So don’t freak out and quit if you don’t get leads right away. You will be increasing brand awareness and softening up prospects for future outreach.

Related Article
Long-term Lead Nurturing: Tips & Scripts to Avoid Overtasking

5. Use Multiple Outreach Methods to Increase Your Response Rate

While Slybroadcast can work great, it won’t work great for everyone you reach. Some people are just not texters, might consider voicemails spammy, or just won’t respond when you call. In order to maximize your response rate, blend in other marketing materials like postcards, texts, phone calls, and door knocking over the next few months.

Related Article
Top 5 Real Estate Postcards Providers + Postcards That Actually Work

6. Practice This Circle Prospecting Phone Script

Here’s a quick and easy script that can work for Slydial or on the phone. This can work particularly well if your listing is priced higher than usual for the neighborhood.

7. Offer to Include Them in Your Monthly Market Report

Since the majority of the people you contact when circle prospecting are unlikely to be moving anytime soon, you need to offer them something of value to stay top of mind. Offering free access to a monthly market report email or even better, an off-market listings report, is the perfect way to do it.

Over to You

Know a great real estate agent, broker, or team leader who leverages new (or old) technology in a creative way to generate listings and leads? Have a great circle prospecting story? Let us know in the comments or join our Facebook Mastermind Group for experienced agents here.

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4 Real Estate Cold Calling Scripts + Tips to Conquer Your Fears https://theclose.com/real-estate-cold-calling-scripts/ https://theclose.com/real-estate-cold-calling-scripts/#comments Thu, 24 Feb 2022 21:21:15 +0000 https://theclose.com/?p=4482 We know firsthand how intimidating dialing up strangers can be—so we put together this step-by-step guide using tried-and-tested real estate cold calling scripts that will boost your confidence, plus expert tips & advice.

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We know firsthand how intimidating dialing up strangers can be—so we put together this step-by-step guide using tried-and-tested real estate cold calling scripts that will boost your confidence, plus some tips and advice from experts who have done it successfully.

Real estate cold calling is one of the most polarizing lead generation strategies in our industry. Experienced agents will tell you it’s an essential part of lead generation, while others argue it isn’t worth the anxiety or frustration because it doesn’t yield immediate results. But with the right preparation and tools, we know that cold calling can help build your business.

If you’re short on time, check out REDX for lead generation. REDX provides you with the leads and helps you make calls faster with an auto-dialer.

Visit REDX

4 Must-have Real Estate Cold Calling Scripts

Every real estate professional needs to have these four real estate cold calling scripts in their arsenal: the Expired Listing Script, the For Sale By Owner (FSBO) Script, the Circle Prospecting Script, and the Voicemail Script.

Download Our Real Estate Cold Calling Scripts

1. Expired Listing Script

Cold calling expired listings can be tricky because you know that the homeowner is going to talk to multiple real estate agents, maybe even on the same day you’re calling. Stand out from the competition with a great script from REDX called The Neighborhood Expert:

Related Article
24 Best Expired Listing Scripts & Objection Handlers 2022

2. FSBO Script

Many real estate agents consider the FSBO prospect to be a perfect lead for cold calling. The sellers have announced to the world that they want to sell and they want to sell now—all you have to do is convince them they need help and that you’re the right person to provide it.

Most sellers try to sell their home themselves to save money. With this in mind, David Hill’s script will help you deal with this common objection. We’ve even put some mock responses in the script so you can practice hearing “no” and learn how to use those initial rejections to get a listing appointment.

Note that in the script, there’s no haggling over the commission. Try to refrain from making any commitments regarding numbers, but be sure that the prospect’s wishes and concerns are heard. You can always say, “I’m making a note of that…,” which shows that you’re listening but you’re not making any promises.

If you want to dive deeper and expand your FSBO prospecting skills, check out The 7 Best FSBO Scripts & Why They Work to learn how to get more listings in 2022.

3. Circle Prospecting Script

Circle prospecting is a great way to increase your exposure in neighborhoods where you’re already active. Remember, though, you don’t have to limit your prospecting to only areas where you’ve already listed or sold property.

Deploy this circle prospecting script from the indelible Ricky Carruth’s Zero to Diamond real estate coaching program to go after homes in neighborhoods where you’re the nearby listing agent or not.

Learn more about the power of circle prospecting in this profile of Christina Griffin, a Tampa Realtor, who generated 200 leads in a single day. You can also access our collection of actionable tips and scripts for knocking-on-doors prospecting by clicking here.

Download Your Cold Calling Scripts

4. Voicemail Script

According to Pipedrive, 80% of calls go to voicemail, which means leaving the right message needs to be an important part of your real estate cold calling strategy.

What does the right message sound like? For starters, it’s between eight and 14 seconds long, but definitely less than 30 seconds. The optimal voicemail establishes who you are and why you’re calling in a warm and friendly tone. But don’t include your pitch—the goal should be securing that next conversation when they call back or you make a follow-up call.

Some real estate cold calling strategists argue that a voicemail is a great way to turn a completely cold call into a lukewarm call. If you want to skip the (sometimes chilly) cold call altogether and dial straight into a warm voicemail, there are companies that help you do that.

The absolute leader in the field is Slydial, which allows you to dial directly into a phone number’s voicemail. These Ringless Voicemails (RVMs) are becoming more common and socially acceptable, so don’t shy away from using them. You can even acknowledge it by saying something like, “I know you’re busy, so I wanted to drop a quick voicemail and be respectful of your time.”

7 Steps in Real Estate Cold Calling

7 Steps in Real Estate Cold Calling

Real estate cold calling is so much more than picking up the phone and dialing a random number. Now that you have these real estate cold calling scripts in hand, use these tips to be more organized and confident in your approach.

1. Set Goals

Most real estate agents think the goal of every cold call is a listing appointment, but even meeting someone for a handshake can turn into a real lead. When your prospect isn’t ready to set a listing appointment, find any excuse to stop by and introduce yourself in person, even if it’s just for a minute or two. A good goal may be to cold call for an hour each day and meet with one new prospect in-person each week.

2. Be Professional

People will always respond best to warmth, enthusiasm, and empathy. The more time you spend listening to your prospects, the better you can address their pain points. Respect people (and their time) and show them that you are the Realtor who will solve their problems.

3. Provide a Service

Yes, cold calling is about building your business, but remember, you’re serving your community with your experience, education, and knowledge. The reason cold calling works is that there are people out there who need your help.

4. Prepare

Get comfortable with your cold calling scripts by practicing them out loud with a friend or colleague. You want to be prepared enough so that you’re not focused on what you’re saying but what they’re saying. Do your research and comb through MLS data. Be sure that you’re zeroing in on prospects who can really benefit from your services.

5. Start Calling

Make sure you are focused, have space to walk around, and maybe do some stretches to be limber and keep that mind sharp. It’s helpful to have an auto-dialer, like REDX (more about this below). It’s important to keep track of your calls and responses. You also might want to look into a customer relationship manager (CRM) to help you keep track of your outreach and take notes on your conversations.

6. Get Past the ‘No’s’

Let’s be clear: If you’re cold calling, you are going to hear a lot of “no” (and maybe even worse). If you’re afraid of this word, you aren’t going to get very far. Watch how cold calling expert Beverly Ruffner overcomes common objections like “I’m just looking—I’m good,” and “I already have an agent.”

7. Follow Up

Be ready to take the next steps with leads to keep the conversation going. Here’s Beverly again with her tried-and-true scripts for the follow-up call.

6 Tips for Leveling Up Your Real Estate Cold Calling

Businessman having an interesting phone call

Now that you’re armed with these pro-level scripts and have a step-by-step plan, let’s dive into some more specific advice if you want to go beyond the basics and master the art of cold calling.







Watch the Experts Reveal Their Real Estate Cold Calling Secrets

YouTube is chock-full of videos from real estate agents who are crushing the cold calling game. Whether you’re looking to learn how to interact with prospects or just need to get hyped up for your next calling session, these videos are a great source of inspiration. Here are five of our favorites.

Bryan Casella is an expert at dealing with objections. He is clearly using a script and is crushing it every step of the way.

Chastin J. Miles shows us how it’s done with a FSBO prospect. We love how ​​Chastin takes the act of LISTENING to the next level rather than doing all the talking. You can see how effective his approach is with his soon-to-be client.

Our own Real Estate Coach, Beverly Ruffner, has put together several live examples of cold calls and offers her best cold calling tip: Treat everyone you’re calling like they’re your best friend.

Here’s one where Ricky Carruth coaches agent Emily Wood as she attempts cold calling for the first time. This one is a 50-minute commitment, but it’s super-valuable to watch someone starting out to see how she improves and gains confidence.

Loida Velasquez speaks honestly about how nerve-wracking it is to get started and offers her tips for first-time real estate cold calling. She has several additional videos on calling expired listings and FSBOs, including one where she critiques her first FSBO cold call.

Bringing It All Together

If you’ve questioned if cold calling is right for you, start with the right mindset and tools to conquer your fears. With some proven real estate cold calling scripts and lots of determination, you have the power to make cold calling a crucial part of your lead generation strategy.

Have any cold calling questions or tips you’d like to share? Anything we missed? Leave us a comment below!

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15 Clever Real Estate Prospecting Ideas to Boost Your GCI https://theclose.com/real-estate-prospecting/ https://theclose.com/real-estate-prospecting/#comments Wed, 03 Nov 2021 09:00:48 +0000 https://theclose.com/?p=5101 Real estate prospecting is the act of generating new real estate clients through active outreach and outbound communication.

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Real estate prospecting is the act of generating new real estate clients through active outreach and outbound communication. Rather than waiting for the phone to ring, a real estate prospector picks up the phone (or emails or texts or knocks on the door) to initiate contact with potential clients.

Learning how to prospect in real estate can be one of the most rewarding pursuits, and without a doubt, it’s the best way to generate new leads. If your real estate prospecting needs to level up, here’s some expert prospecting advice from five top producers in the residential and commercial real estate game to help you generate more business.

1. Learn the Art (& Science) of Real Estate Prospecting Letters

The first tool in a real prospector’s toolkit is the prospecting letter. The real estate prospecting letter is a fantastic tool for prospectors because it serves several purposes:

  • It conveys a lot of information (like a neighborhood CMA)
  • It’s an easy way to introduce yourself and soften the ground before a phone call
  • It’s effective: Hand-addressed letters are read more than a cold postcard

Though prospecting letters are great, they’re not all created equal.

Download the 17 Best Prospecting Letter Templates

Make sure your prospecting letters are personalized, professional, and authentic. Nobody likes reading mail addressed to “Dear Sir or Madam.” Remember, your goal with your letter is to demonstrate your value and prompt someone to reach out for more information, so make sure you include a motivational call to action as well.

Get Started Today: Write a prospecting letter to 10 neighbors about the last home you sold. Share exactly what you did to get the job done, and how you are ready to help them too.

The Close Resource: 17 Best Real Estate Prospecting Letter Templates

2. Make Your Real Estate Prospecting Decisions Based on Data, Not Comfort

Marc Azfal, Real Estate Broker, Marc Azfal Homes

Realtors who use data to guide their decision-making are going to come out ahead when it comes to real estate prospecting. Here’s what California real estate broker and marketing guru, Marc Azfal, had to say on the topic:

Marc Azfal

“When you’re real estate prospecting, make sure you’re tracking your results very carefully. If there’s a particular strategy that connects with your prospects well, leverage that strategy and focus more on it, even if it’s relatively uncomfortable.

“For instance, a letter is easy to write and non-confrontational, but if it doesn’t advance your goals, why would you consider sending it?

“That neighborhood garage sale you sponsored was time-consuming and required a lot of face-to-face prospecting, but it netted you three new clients. Even though the garage sale took longer and was more difficult, it’s clearly the way to go.”

Get Started Today: Put big data to work for you in your prospecting. Check out how a predictive analytics platform like SmartZip or Offrs can help you narrow down the prospects in your community to only those most likely to buy or sell.

The Close Resource: Deep Dive Review – SmartZip, Deep Dive Review – Offrs

3. Remember: You’re Providing Value to Your Community

One of the biggest complaints we hear from new agents is that they don’t want to “bother” anyone with cold calls or door knocking. We get it—no one wants to be seen as the sleazy salesman.

Of course, the reality of the situation is that you’re actually providing value to your community.

When you reach out to potential buyers and sellers, letting them know about your services and expertise, you’re also making them aware of their options in the real estate community. I’m sure we’ve all heard the first-time homebuyer or seller say, “I had no idea I could do any of this!”

Get Started Today: One way to start to provide this value to your community is by creating a neighborhood website. These websites act as hubs for what’s going on week-to-week, provide valuable opportunities for spotlighting the best and brightest members of your hometown, and are a great way to establish yourself as an authority in your market. The Faces Of specializes in these sorts of websites, providing a unique platform for sharing your passion for your community and its members. They only allow one real estate agent per area, check to see if your town is available.

4. Make Your Weekly Goals About Work & Your Long-term Goals About Results

Since real estate prospecting is all about picking up the phone and making it ring for your soon-to-be clients rather than waiting for them to call you, it makes sense that you’re going to talk to a lot of people who are interested in what you have to say, but not quite ready to get active in a transaction. Don’t be discouraged by this.

Make your weekly prospecting goals about the work you’re doing: the number of calls you make, the number of texts you send, the number of doors you knock, and so on, and make your six-month goals about the amount of business you close.

The more seeds you plant now, the more you’ll harvest later!

Get Started Today: Start building your prospecting into an overall real estate lead generation strategy that will allow you to dedicate some time to the long-term nurture of prospects, some to the quicker turnaround of paid lead generation, and some to the care and keeping of your existing clients.

The Close Resource: Long-term Lead Nurturing: Tips & Scripts to Avoid Overtasking

5. Use REDX to Improve Your Real Estate Prospecting Efficiency

contact info gif

Just a few years ago, real estate prospecting involved a huge amount of grunt work. You’d have to gather addresses for mailers and scrounge through various less-than-reputable websites to try to find phone numbers. Don’t even get us started on trying to locate contact information for Expired Listings.

Luckily, these days we have amazing and affordable software that can do the heavy lifting, meaning all you need to do is polish those scripts.

REDX is a prospector’s best friend because they do all the hard work for you, giving you all the information you need to start reaching out on day one, and even tools to make that outreach more efficient. REDX gives you owner profiles on every single Expired Listing, FSBO seller, and more. Their built-in Power Dialer automates your calling, making your phone prospecting up to 400% more efficient.

Get Started Today: Right now, REDX is offering The Close readers $149 off the setup price, automatically deducted when you click over to their site from this article. Our favorite REDX lead categories are FSBOs, Expireds, and GeoLeads, so make sure to check all three out.

The Close Resource: Deep Dive Review – REDX

Visit REDX

6. Sponsor Seasonal, Family-friendly Neighborhood Giveaways

There are few better ways to ingratiate yourself to a community than to give away fun stuff, and there are lots of chances throughout the year to sponsor giveaways—American flags on Memorial Day and 4th of July, pumpkins before Halloween, and Christmas trees in December, just to name a few.

Either go door-to-door offering these items, or set up a neighborhood pickup night where your potential clients can come to a particular location and meet you. However you choose to do it, each giveaway comes with a handshake, some exchange of contact information, and a call to action, helping to make you the neighborhood real estate expert.

Get Started Today: Neighborhood giveaways are a fantastic prospecting strategy when they’re a part of an overall real estate farming approach. Get started today by identifying a neighborhood in your market that is perfect for real estate farming and start planning your first touch.

The Close Resource: Real Estate Farming: How to Become the Go-to Agent in Your Neighborhood

7. Create a Lead Generating Website

Rachell Clifton - Real estate website example

Real estate prospecting is easier if people are already familiar with who you are and what you do. Create a website that provides visitors with information about selling a home in their community, an opportunity to search for properties currently listed for sale, and a way to contact you with questions.

You’ll be setting yourself up for easier conversations and higher conversion rates when you do actually get to speak to your prospects directly.

Get Started Today: Placester is offering a 30-day free trial for Close readers to check out their websites—no credit card required. Head to Placester right now to see which of their plans will best fit into your lead generation strategy.

The Close Resource: Read more about Placester in our deep dive review, as well as our round-up of the lead generation website builders.

Check out Placester

8. Follow Relevant Hashtags on Social Media & Engage in 1-to-1 Real Estate Prospecting

Claudine O’Rourke, Associate Real Estate Broker, Compass

Prospecting isn’t about cold calling and mass mailers—it’s about starting and then cultivating a relationship with people who you think will be great buyers and sellers, either now or in the future. One-to-one prospecting is a great way to build this relationship, as explained by Manhattan real estate expert, Claudine O’Rourke:

“When I see a baby bump or a stroller, I know there’s a potential client who needs more space! So, not only do I engage in any way I can in person, but I engage on Instagram with those in my sphere who are posting about being a new mom. As a mom myself, I can relate. Instead of offering mommy advice, I offer NYC real estate advice. #nycmoms.”

claudia headshot
Claudine O’Rourke

9. Dedicate 90 Minutes a Day to Real Estate Prospecting

Your prospecting efforts will only be as successful as they are consistent. Prospecting is a lot of work (and has a lot of potential reward), so thinking that you’re going to get your prospecting done in just a couple minutes a day isn’t realistic.

Successful real estate agents set aside 90 minutes every day and dedicate them to prospecting. Those who can commit to a regular schedule will be amazed at the results that 7.5 hours of prospecting each week will get you.

Get Started Today: Head to your calendar and block off 90 minutes of protected time to prospect each day. We suggest making it the first thing you do every morning since you’re more likely to be using tools like your customer relationship manager (CRM) in the morning anyway.

The Close Resource: Still looking for a real estate CRM? Here are our favorites.

10. Call Expired Listings Every. Single. Day.

Expired Listings are golden opportunities for real estate prospectors (no pun intended). After all, the owners of these homes have raised their hand and said, “Yes, I want to sell my home.” For one reason or another, their home didn’t sell, but chances are, their desire to sell their home hasn’t changed.

The only question is whether you’re going to list the home or a more aggressive agent in your office will get to it first? Before you get an expired listing owner on the phone, have the background on each listing. What was it listed for? Was it priced right? Was it marketed correctly? Be ready to overcome objections and move quickly.

Get Started Today: Head to your MLS and set up a personal alert for any property that changes to an “expired” status. Remember, you’re not the only agent who is planning on prospecting these leads, so the sooner you get on the phone and start making these connections, the better.

The Close Resource: 15 Best Expired Listing Scripts & Objection Handlers

11. Call FSBO Sellers Every. Single. Day.

Just like Expired Listing sellers, FSBOs are fantastic prospects to nurture because the sellers have proven that they want to sell their home now.

However, the approach is different with FSBO owners than it is with Expired Listing sellers because these owners are convinced (or at least they claim to be) that they don’t need a real estate agent to sell their home. Either that, or they just don’t want to pay the commissions.

You’d think that these folks would be impossible to convince otherwise, but you’d be wrong.

We know that more than 91% of homes in the U.S. are sold using the services of a realtor. According to Realtor.com, the median home sale price for a FSBO home is close to $60,000 less than the median sale price of a realtor-listed home. Usually all it takes to win these listings is a savvy pitch and persistent follow-up.

Get Started Today: Head to Zillow and set up a new listing alert for FSBO homes. Don’t get us wrong—there’s nothing wrong with driving the neighborhood and looking for FSBO signs, but over 90% of FSBO homes are on Zillow, so it’s a great place to set up an alert for potential new leads.

The Close Resource: 7 Best FSBO Scripts & Why They Work

12. Stop Fearing the Word ‘No’

According to a study done at Baylor University on real estate cold calling, it takes an average of 209 calls from a real estate agent to a farm area to set an appointment or get a referral. For those of you with a fear of rejection, the takeaway here is that you’re going to have to endure 208 gut-wrenching “no’s” before you finally get a yes.

For those of you who have already gotten over your fear of “no,” this statement is music to your ears. It means that for every “no” you get, you are quantifiably closer to a “yes.” It means that if you can make 627 calls in a week, you’re going to get three appointments out of that hard work.

Get Started Today: Use a basic spreadsheet like Excel or Google Sheets to make a cold call tracking form and start tracking your results. When you start looking at rejection as data, it’s much easier to hear the word “no.”

The Close Resource: 24 Real Estate Cold Calling Scripts and Tips to Conquer Your Fears

13. Get Some Face-to-Face Time With Your Real Estate Prospects

Hans Hansson, Founding Partner, Starboard Commercial Real Estate

If real estate prospecting is about establishing a relationship with potential buyers and sellers, there’s no better way to take that relationship to the next level than a little face-to-face time.

Just shaking hands with someone you’d like to do business with is a powerful experience, as explained to us by one of California’s leading commercial real estate experts, Hans Hansson:

Hans Hansson

“Keeping your face in front of your current decision-makers, as well as getting it in front of any new decision-makers, is a must for real estate prospecting.

In the commercial world, I’ve learned the hard way that I could have worked miracles for a client, but the decision-maker had been replaced, and since I didn’t have any face-to-face time with a new decision-maker, they wouldn’t have a clue as to the great work I’ve done in the past. The same idea can be applied to residential real estate.

People need to see your face; they need to shake your hand in order to really establish a relationship so you become their go-to real estate resource.”

Get Started Today: Set up some “office hours” at a local coffee shop. Every time you speak to a cold-outreach prospect, mention that you’re going to be at a coffee shop on a certain morning, and they should drop by for a cup of coffee on you and to talk about real estate if they’d like. Creating a non-confrontational way to offer a face-to-face experience is an excellent way to mature relationships.

The Close Resource: [VIDEO] 7 Best Real Estate Prospecting Tips & Techniques for Success

14. Use Video Marketing to Soften Your Prospects

Evan Roberts, Real Estate Agent, Dependable Homebuyers

Prospecting letters aren’t the only way to soften a particular set of future clients. Social media advertising provides some very specific targeting options when it comes to who you want to see your content. Texas-based real estate expert, Evan Roberts, told us:

Evan Roberts

“YouTube Ads now allow real estate agents to run video advertisements within a specific geographic farm area. We found that recording testimony videos from past clients and running these videos as YouTube Ads to be a great way to build brand awareness within our farm area.

Using YouTube’s targeting features, we were able to reduce our audience size to only homeowners and those likely to buy a house in the near future. YouTube Ads have been cost effective for our marketing efforts since they cost 3 to 5 cents per view and are targeted to only be shown to qualified, potential clients.”

Get Started Today: If you’re not sure where to start when it comes to video content, start with property. Every time you are showing a home, grab your phone and shoot a quick, 30-second tour of the home and post it to wherever you’re active on social media. Even if the listing isn’t yours, it demonstrates that you’re active, you’re available, and let’s be honest, who doesn’t like looking inside someone else’s house?

The Close Resource: 11 Real Estate Videos Smart Agents Are Using + Examples

15. Create Facebook Groups Your Prospects Will Flock To

Will Friedner, Broker, Montana Life Realty Team

Social media is a popular place to prospect, but it’s not the easiest place to do it unless you know what you’re doing. In fact, a study done by Kuno Creative showed that for business pages with less than 500,000 followers, on average, only 6% of your organic following actually even sees your post, much less engages with it.

But that doesn’t mean that you can’t prospect profitably on Facebook. Take, for instance, the strategy used by Will Friedner, broker with the Montana Life Realty Team:

“We’ve had great success using Facebook Groups to generate real estate leads. I now have four real estate Facebook Groups around the state of Montana with a total membership now over 30,000 people (almost 3% of this state’s population). These groups now account for over 50% of my business.”

headshot
Will Friedner

Get Started Today: Before you get started with your own Facebook Group, check out my presentation to the 2020 National Association of Realtors (NAR) Conference about creating lead-generating Facebook Groups. Don’t forget to check the presenter notes for my explanations of each slide!

The Close Resource: How to Set Up a Real Estate Agent Facebook Page to Get More Leads

Over to You

The Close has a ton of great real estate lead generation tips for real estate agents of all experience levels. Not sure where to get started? Check out 37 Underrated Lead Generation Ideas to get inspired.

Have a great real estate prospecting strategy that we’ve missed? Let us know in the comments below—let’s keep the conversation going.

The post 15 Clever Real Estate Prospecting Ideas to Boost Your GCI appeared first on The Close.

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19 Best Real Estate Email Templates & Scripts for 2022 https://theclose.com/real-estate-email-templates/ https://theclose.com/real-estate-email-templates/#comments Fri, 08 Oct 2021 10:00:30 +0000 https://theclose.com/?p=1293 Since so many leads, especially millennials, prefer to be contacted via email, writing effective real estate email templates will help you close more deals in 2022.

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Since so many leads, especially millennials, prefer to be contacted via email, writing effective real estate email templates will help you close more deals in 2022. The only problem is that, for many agents, writing effective emails can be challenging.

We put together this resource of 19 effective real estate email templates you can use for inspiration to help create your own email templates. Check out my 15 rules for writing effective emails at the end of this article.

Download All 19 Email Templates

1. Discount Broker / Objection Handler Email

real estate email templates

Tom Ferry, Top Ranked Real Estate Educator

Originally a phone script, Ferry’s excellent discount broker rebuttal is ideal to use on leads who prefer email.

Want to learn more about email marketing mistakes to avoid from Ferry? Check out Episode 54 of the Tom Ferry Show here.

2. One-year Follow-up Email

real estate email templates

Zvi Band, Contactually

Homebuyers you’ve helped into a new home are great sources of referrals, not to mention that after as little as on year in their new home, they may be ready to purchase a vacation home, an investment property, or even an upgrade on their current property.

3. Seller Lead Email

real estate email templates

Tyler Zey, Founder, Easyagent PRO

Check out this real estate email template designed to entice homeowners by inviting them to review their potential financial upside over coffee.

4. Lender Referral Email

real estate email templates

Stacie Staub, Founder West + Main Homes

Shopping for a new home can be fun and easy, but sourcing a great lender and securing mortgage financing is often the most complicated aspect of home buying. Use this lender referral email template to help turn your prospects into active homebuyers.

5. Listing Feedback Email

Market Leader’s listing feedback email template helps you gather more informations about your buyer’s needs and wants for their next property.

Do you need a quick infusion of leads without the hassle? Market Leader sells buyer and seller leads directly, which means you can start working leads right away.

Check to see if your ZIP code is available

6. Reconnecting With Past Client Email

real estate email templates

Rich Gaasenbeek, IXACTContact

While originally designed as a phone script, this approach works great as an email template, and as a means of reconnecting with a client you may have lost touch with.

Related Article
7 Savvy Ways to Generate More Real Estate Referrals

7. New Lead Follow-up Email 

Beverly Ruffner

Beverly Ruffne, Real Estate Coach

Doubling up and contacting a new lead by both email and text message keeps you top of mind so your new, budding relationship doesn’t wither on the vine.

8. First Showing Follow-up Email

Emile L'Eplattenier

Emile L’Eplattenier, Managing Editor at TheClose.com

Following a first property showing, you’ll want to sum up the day and the offerings you showed your client. It’s a great time to demonstrate your honesty with a straightforward and realistic assessment of what you’ve seen together.

9. Second Contact With Seller Email

real estate email templates

Zillow

Here’s another excellent email template from Zillow that you can use for your second contact with a seller. Offering a free, custom home valuation report is a great way to show your value to your client.

Related Article
How to Do a Comparative Market Analysis: A Step-by-Step Guide

10. Testimonial Email

real estate email templates

Megan Swanson, BoomTown

There are few approaches as effective as providing real-world client testimonials to a new prospect to help them get to know the level of service you provide.

11. Referral Request Email

real estate email templates

National Association of Realtors

Since referrals will become the lifeblood of your business as you progress, here’s a great email script from the National Association of Realtors (NAR) for referrals.

12. Listing Request Follow-up Email

As a follow-up to providing listing information to a prospective buyer, this real estate email template lets you dig a little deeper to find out your client’s likes and dislikes.

13. New Agent Recruiting Email

real estate email templates

Contactually

Here’s another great email from Contactually’s email script vault that offers up the value of your experience to new recruits.

[Related article: Contactually Review: Can It Really Boost Your GCI By 30%?]

14. Home Valuation Request Email

real estate email templates

Follow Up Boss

Follow-ups for home valuation requests are another email you need to nail right away.

15. Second Contact With a Passive Buyer Email

real estate email templates

Realty Executives, Santa Clarita

Sometimes, the second touchpoint or contact with a lead or prospect is more important than the first.

16. Annual Home Sales Report Email

placester logo blue

Placester

Your emails offering a home sale report are important to get right. Placester’s real estate email template gets straight the point.

[Related article: Placester Marketplace Makes Real Estate Websites Insanely Easy to Create]

Multiply Your Open Rates With Personalized Video Emails

Since the vast majority of people would rather listen and watch than slog through long emails, it’s no surprise that studies have shown that video can increase email open rates by as much as 5x. Luckily for real estate agents, we have a dedicated (and awesome) app that makes recording, sending, and tracking quick videos a snap.

bombomb gif

Just think—instead of sending a wall of text, you can record some of these email templates and put them in a video drip campaign. Check out BombBomb below for a free trial.

Visit BombBomb

17. Non-responsive Leads Email

real estate email templates

Ryan Stewman, HardcoreCloser.com

Use this script to elicit a response from non-responsive lead. This email gives recipients a time limit for getting back to you in order to capitalize on an opportunity or offer.

18. Open House Follow-up Email

real estate email templates

Jon Yourkin, Realvolve

Do you have a script for following up with your open house visitors? Check out this next email template that opens the door for a next meeting.

[Related article: 9 Open House Apps Tech-savvy Agents Are Using to Get More Leads]

19. Coming Soon Preview Email for Cold Buyer Leads

real estate email templates

Jeff Manson, Real Geeks

No one can resist a “coming soon” listing, especially in an exclusive neighborhood like this one, with a very limited number of homes.

[Related article: Real Geeks Review: An In-depth Look at Pricing & Features]

15 Tips for Writing Your Own Highly Effective Real Estate Emails
















Bottom Line

To write great real estate email templates to engage your leads, check out what other agents are sending, then create an outline and write your own email and subject line.

To get the best results, consider using a professional service like Constant Contact to send and track your messages, and then tweak them until you get strong open and response rates.

Have any email tips you’d like to share? Leave us a comment with your advice below. 

The post 19 Best Real Estate Email Templates & Scripts for 2022 appeared first on The Close.

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27 Real Estate Flyer Templates You Can Use to Boost Your GCI https://theclose.com/real-estate-flyer-templates/ https://theclose.com/real-estate-flyer-templates/#comments Wed, 29 Sep 2021 11:00:45 +0000 https://theclose.com/?p=6916 Real estate flyers play an active (and visible) role in most top producers’ marketing strategies.

The post 27 Real Estate Flyer Templates You Can Use to Boost Your GCI appeared first on The Close.

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Real estate flyers play an active (and visible) role in most top producers’ marketing strategies. Having a stable of well-designed, easily editable real estate flyer templates at the ready is key when you’re hosting events, listing a property for sale, or actively recruiting clients.

We’ve pulled together a list of our top seven providers of real estate flyer templates. Together, they offer hundreds of well-designed options for you to choose from, and we’ve highlighted our 27 favorite real estate flyer templates.

If you’ve got a project that just can’t wait, we’ve got three custom real estate flyer templates (Open House, New Listing, Price Reduction) that you can download exclusively at The Close and start editing immediately. Click below to get yours today!

Get Your Real Estate Flyer Templates

Top 7 Real Estate Flyer Template Providers

Real Estate Flyer Template ProviderBest For
Lab Coat AgentsStylish real estate flyer templates that integrate perfectly with your personal branding
Coffee & ContractsA great source for new, print-ready flyer templates that coordinate perfectly with your social media marketing
ProspectsPLUS!Multi-format flyers and an optional mailing service to deliver your flyers directly to your prospects
VistaprintUltimate design control over everything including size, paper stock, and more
CanvaA collection of free to design, download, and print flyers, easily shareable with your team or brokerage
Adobe SparkAnyone who uses Adobe InDesign or Photoshop on a weekly basis
The CloseAnyone looking for three, exclusive real estate flyer templates they can use right away

Just Listed Real Estate Flyer Templates

Got a property about to hit the market? Promote it with “Just Listed” real estate flyers. These can go in your office, your car, at the open house, and if you’re really smart, at other open houses you’re hosting to distribute to home shoppers who haven’t yet found the perfect home.

1. Bright & Modern ‘Just Listed’ Real Estate Flyer Template

Bright and Modern Just Listed Real Estate Flyer Template

Created By: Lab Coat Agents
Size: 8 ½” x 11”
Cost: Requires Access to Lab Coat Agents Marketing Center, $59/month
Details: This flyer gives you plenty of room for a listing description, beautiful photos, and, of course, all your contact information. Make sure you’ve got high-quality listing photos for this template to show off your new listing’s appeal effectively.

Customize This Template


2. Sophisticated ‘Just Listed’ Real Estate Flyer Template

Sophisticated Just Listed Real Estate Flyer Template

Created By: Coffee & Contracts
Size:
8 ½” x 11”
Cost:
Requires a Coffee & Contracts membership, starting at $40/month (annual plan)
Details: This new listing flyer feels like a page out of a fashion magazine. Its elegant use of white space, typography, and the arrangement of the photos are very attractive. This a flyer your sellers can be proud of and one that’s instantly attractive to buyers.

Customize This Template


3. ‘QR Code – Just Listed’ Real Estate Flyer TemplateQR Code - Just Listed Real Estate Flyer Template 1

Created By: Vistaprint
Size: 3.75” x 8.25”
Cost: Free to design, flyers printed for as low as five cents each
Details: If you’re using a QR code strategy, make sure you’ve got a spot on your real estate flyers to promote your landing pages. This two-sided flyer template from Vistaprint prominently displays a QR code while providing plenty of information for an interested buyer to review.

Customize This Template


4. ‘Just Listed + Open House’ Combo Real Estate Flyer Template

Just Listed + Open House Combo Real Estate Flyer TemplateCreated By: ProspectsPLUS!
Size:
8 ½” x 11”
Cost:
Free to design, flyers printed for as little as 30 cents each
Details:
This template uses a layout that features bold images and prominently displays your text. It’s perfect for announcing a new listing to the neighborhood, trumpeting your latest sale, or driving traffic to your next event.

Customize This Template


5. ‘Urban Living New Listing’ Real Estate Flyer Template

Urban Living New Listing Real Estate Flyer TemplateCreated By: Canva
Size:
8 ½” x 11”
Cost:
Free to design and download
Details:
Smart real estate marketers have more than one new listing real estate flyer template in their toolbox because they know every property’s feel and aesthetic is different. This particular design is excellent for an urban space, somewhere with lots of natural light and nice warm wood, but would work for residential listings of just about any sort.

Customize This Template


6. ‘Minimalist New Listing’ Real Estate Flyer Template

Minimalist New Listing Real Estate Flyer TemplateCreated By: Canva
Size:
8 ½” x 11”
Cost:
Free to design and download
Details:
When you’ve got a property whose photos speak volumes, the best thing you can do is let the pictures do the talking. This template does that perfectly with a focus on visuals over the copy. Remember, you always want anyone viewing your flyer to be able to reach out to you with any questions, so consider making this flyer two-sided by putting your contact information and some basic property information on the back.

Customize This Template


7. ‘Modern Two-sided’ Real Estate Flyer Template

Modern Two-Sided Real Estate Flyer Template 1 Modern Two-Sided Real Estate Flyer Template 2

Created By: Canva
Size: 8 ½” x 11”
Cost: Free to design and download
Details: Sometimes, a single-sided flyer doesn’t allow you to share all that you want about a property. Opt for two-sided flyers that don’t overwhelm your reader. You’ll have plenty of space for well-chosen photographs, enough information to get a buyer interested, and a layout that’s easy to read. Use this flyer for a mid-century modern listing or a beachfront getaway.

Customize This Template


8. The Close Exclusive ‘Conversation Starter’ Real Estate Flyer Template

The Close Exclusive Conversation Starter Real Estate Flyer TemplateCreated By: The Close
Size:
8 ½” x 11”
Cost:
Free to design and download
Details:
When you’ve got a new listing hitting the market, choose this flyer to generate chatter among the buyers (and, of course, the buyer agents) in your community. Use the ample space to highlight some great photos, a little bit of listing information, and, of course, your contact info. Get the most out of this flyer by printing up a handful of them every time you list a new property for sale and dropping one at the office of the top 10 buyers’ agents in your market.

Customize This Template


Just Sold Real Estate Flyer Templates

As our good friend and resident real estate coach Sean Moudry is fond of telling us, some of the most effective real estate marketing you can do is provide evidence of your own success, and real estate flyers that highlight a property that has recently sold is a great way to do it. Here are two of our favorite templates you can start using today.

9. Modern ‘Just Sold’ Real Estate Flyer Template

Modern Just Sold Real Estate Flyer TemplateCreated By: Lab Coat Agents
Size:
8 ½” x 11”
Cost:
Requires Access to Lab Coat Agents Marketing Center, $59/month
Details:
This classy, modern flyer communicates the most crucial information and a strong message: THIS PROPERTY SOLD. Who sold it? You. Your neighborhood’s go-to expert realtor. We recommend circle-prospecting after a successful closing. Knock on doors in your neighborhood instead of mailing postcards and tout your success in-person, using this flyer.

Customize This Template


10. Two-sided ‘Just Sold’ Real Estate Flyer Template

Two-Sided Just Sold Real Estate Flyer Template

Created By: Vistaprint
Size: 11” x 8 ½”
Cost: Free to design, flyers printed for as low as five cents each
Details: When you want to show off the caliber of your listings and marketing skills, go with a two-sided Just Sold real estate flyer template. Leverage the added space to demonstrate your excellent work in getting the property sale across the finish line for your client.

Customize This Template


Open House Real Estate Flyer Templates

A real estate open house is a fantastic way to get lots of potential buyers through your listing in a single day, as well as a great opportunity to get in front of a large number of unrepresented buyers. Whether you’re working an open house to try to sell a home or pick up new buyers, marketing your event using the right real estate flyers is critical. Here are some of our favorites.

[Related article: 5 Free Open House Sign-In Sheets to Try Weekend + PDF Template]

11. Super-sleek ‘Open House’ Real Estate Flyer Template

Super-Sleek Open House Real Estate Flyer Template

Created By: Lab Coat Agents
Size: 8 ½” x 11”
Cost: Requires Access to Lab Coat Agents Marketing Center, $59/month
Details: We love the modern design, typeface, and layout of this real estate flyer template. Make this elegant template your go-to choice for high-end listings or property in trendy, up-and-coming neighborhoods.

Customize This Template


12. Co-listed ‘Open House’ Real Estate Flyer Template

Co-Listed Open House Real Estate Flyer Template

Created By: Lab Coat Agents
Size: 8 ½” x 11”
Cost: Requires Access to Lab Coat Agents Marketing Center, $59/month
Details: Whether you’re sharing a listing with another agent or just sharing open house duties, creating a flyer with space for two agents eliminates duplicate marketing material and presents a unified message of service to any potential buyers.

Customize This Template


13. Traditional ‘Open House’ Real Estate Flyer Template

Traditional Open House Real Estate Flyer Template

Created By: ProspectsPLUS!
Size: 8 ½” x 11”
Cost: Free to design, flyers printed for as little as 30 cents each
Details: Perfect for events, the vertical display of photos in this flexible real estate flyer is ideal for highlighting multiple features in your listing. Its large contact information area makes it easy for those visiting your open house to find your phone number when they’re ready to make an offer.

Customize This Template


14. Two-sided ‘Open House’ Real Estate Flyer Template

Two-sided Open House Real Estate Flyer Template

Created By: Canva
Size: 8 ½” x 11”
Cost: Free to design and download
Details: When you’re tired of the same old open house invitations, mix it up a little bit with a two-sider that focuses on style and community.

If you frequently market listings within developments, planned communities, or buildings with multiple homes for sale, this fantastic open house flyer template is essential for your toolkit. Your potential buyers are considering the community as much as they are considering the purchase of a specific home.

Customize This Template


15. ‘Open House’ Feedback Real Estate Flyer Template

Open House Feedback Real Estate Flyer Template

Created By: Coffee & Contracts
Size: 8 ½” x 11”
Cost: Requires a Coffee & Contracts membership, starting at $40/month (annual plan)
Details: Getting people to your open house or event is one thing, getting feedback from them (especially if that feedback can turn them into a lead for you) is something else. This feedback form is simple, straightforward, highly effective, and makes a great addition to your open house toolkit.

Customize This Template


16. Chic ‘Open House’ Real Estate Flyer Template

Chic Open House Real Estate Flyer Template

Created By: Adobe Spark
Size: 8 ½” x 11”
Cost: Free to design and download
Details: When you’ve got a property whose reputation precedes it, especially in a hip and fashionable area of town, you don’t have to follow the traditional rules of property flyers. You can get more creative, highlight a smaller detail, and make the flyer an extension of the personality the owner of the new property would get from living there.

Customize This Template


17. Minimal ‘Open House’ Flyer

Minimal Open House Flyer

Created By: Adobe Spark
Size: 8 ½” x 11”
Cost: Free to design and download
Details: When style is a part of your personal branding as a real estate agent, the style of your marketing materials matters as much as the clothes you wear or the car you drive. Though this template is missing some key information (we’d definitely suggest you include your name, your brokerage (where required by law), and a headshot), the overall aesthetic of this template is great and can be easily adjusted to fit your personal style.

Customize This Template


18. The Close Exclusive Open House Real Estate Flyer Template

The Close Exclusive Open House Real Estate Flyer Template

Created By: The Close
Size: 8 ½” x 11”
Cost: Free to design and download
Details: This template is perfect for getting the word out about any upcoming events you have planned. Our favorite way to use this flyer is to affix a real estate flyer box to the yard sign of your new listing, then drop a few dozen of these flyers into it. This strategy is especially effective if your new listing is in a high foot traffic area.

Customize This Template


Specialized Real Estate Flyer Templates

Effective real estate flyers will do more than just promote your listings, sales, and open houses. We’ve got a collection of all sorts of real estate flyer templates for everything from networking events to market reports for specific neighborhoods (and everything in between).

19. Event Invitation Real Estate Flyer Template

Event Invitation Real Estate Flyer Template

Created By: Lab Coat Agents
Size: 8 ½” x 11”
Cost: Requires Access to Lab Coat Agents Marketing Center, $59/month
Details: Members of your community are excited to get back out there and attend events again, and the real estate space is no exception. Make sure your invitations to these events are on-brand and stylish with this flyer.

Customize This Template


20. Vacation Property Management Real Estate Flyer Template

Vacation Property Management Real Estate Flyer Template

Created By: Adobe Spark
Size: 8 ½” x 11”
Cost: Free to design and download
Details: A real estate license enables you to do more than just buy and sell. As a licensed agent, you can also facilitate leases and act as a property manager. Property management is in significant demand right now thanks to the boom in vacation rentals. Use this flyer template to promote the properties under your control and fill up those vacant weekends.

Customize This Template


21. Testimonial Highlights Real Estate Flyer Template

Testimonial Highlights Real Estate Flyer TemplateCreated By: Lab Coat Agents
Size:
8 ½” x 11”
Cost:
Requires Access to Lab Coat Agents Marketing Center, $59/month
Details:
Upward of 80% of real estate buyers and sellers report that reviews are very important to them when deciding who they should list or purchase a home with. Highlight some of your best client reviews in this flyer and append it to the marketing collateral that you leave with prospects at meetings.

Customize This Template


22. Free Market Analysis Real Estate Flyer Template

Free Market Analysis Real Estate Flyer Template

Created By: Vistaprint
Size: 8 ½” x 11”
Cost: Free to design, flyers printed for as low as five cents each
Details: In a seller’s market, sometimes the most compelling message you can communicate to prospective listing clients is opportunity. Spark valuable conversations about home values in your area using this flyer that promotes your free, expertly executed comparative market analysis.

Customize This Template


23. Networking Event Real Estate Flyer Template

Neighborhood Expert Real Estate Flyer TemplateCreated By: Vistaprint
Size:
3 ¾” x 8 ¼”
Cost:
Free to design, flyers printed for as low as five cents each
Details:
Building a referral base as a real estate agent is all about who you know. Because of this, many realtors actively seek out networking opportunities. If you want to go the extra mile at these events, don’t just bring business cards; bring flyers that tell more of your story and make you stand out among the crowd.

Customize This Template


24. Distressed Property Real Estate Flyer Template

Distressed Property Real Estate Flyer TemplateCreated By: Lab Coat Agents
Size:
8 ½” x 11”
Cost:
Requires Access to Lab Coat Agents Marketing Center, $59 / month
Details:
When inventory in the real estate market is hard to come by real estate professionals need to get creative in how they are approaching sellers. Soliciting listings from distressed property owners is an effective approach that yields results. Many property owners are interested in the idea of selling but are worried their home would require too much work to get to market. Let them know with this flyer that they have opportunities right now with buyers in your community.

Customize This Template


25. Objection Handler Real Estate Flyer Template

Objection Handler Real Estate Flyer Template
Created By: ProspectsPLUS!
Size: 8 ½” x 11”
Cost: Free to design, flyers printed for as little as 30 cents each
Details: If you’ve got a real estate farm area that is ripe for new listings but are having trouble getting homeowners to pull the trigger, this real estate flyer handles homesellers’ most common objections even before they voice them, and is an effective tool for getting your clients over the hump. By addressing the questions sellers should be asking their agents, you’re signaling that you’re ready for the tough conversations.

Customize This Template


26. Fall Home Maintenance Real Estate Flyer Template

Fall Home Maintenance Real Estate Flyer TemplateCreated By: Coffee & Contracts
Size:
8 ½” x 11”
Cost:
Requires a Coffee & Contracts membership, starting at $40 / month (annual plan)
Details: The change of season is a great time to do face-to-face prospecting. Many of the agents who report success with strategies like door-knocking say that the end of summer and start of fall comes with a ton of conversation opportunities you can use to engage your real estate farm area or anyone who happens to be a homeowner. This Fall Home Maintenance Checklist Flyer is a great leave-behind for anyone you’re talking to about their home.

Customize This Template


27. The Close Exclusive Neighborhood Expert Real Estate Flyer Template

Neighborhood Expert Real Estate Flyer Template

Created By: The Close
Size: 8 ½” x 11”
Cost: Free to design and download
Details: The key to a successful real estate farming strategy is establishing yourself as the go-to expert for all things real estate in your chosen area of focus. This real estate flyer template is all about highlighting a specific community, what you know about it, and why you’re the perfect person to help when it comes time to buy or sell. Make sure to have this flyer with you whenever you’re door-knocking!

Customize This Template


Your Turn

We want to hear from you: how do you use real estate flyers? Where do you get the most out of this marketing resource? Tell us in the comments—let’s keep the conversation going.

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Real Estate Farming: How to Become the Go-to Agent in Your Neighborhood in 2022 https://theclose.com/real-estate-farming/ https://theclose.com/real-estate-farming/#comments Fri, 03 Sep 2021 09:30:13 +0000 https://theclose.com/?p=4942 Real estate farming is the strategy real estate agents use to position themselves as the go-to resource for a particular neighborhood.

The post Real Estate Farming: How to Become the Go-to Agent in Your Neighborhood in 2022 appeared first on The Close.

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Real estate farming is a lead generation strategy designed to position you as an area’s go-to agent using high-quality marketing targeted to homeowners in a specific neighborhood. Done successfully, you can capture 30%+ of all sales in your target area and establish a reliable source of annual income. Want to become your neighborhood’s go-to agent?

If so, farming is a must-have strategy for you. Its goal is to consistently deliver value and showcase your market expertise in your farm area. In this article, we’ll walk you through our detailed farming strategy, outline the tools you’ll need to get started, and make suggestions for where you’ll find the best marketing materials to dominate your farm area.

Looking to go even deeper? We created the Ultimate Real Estate Farming Strategy Guide for those who want to jump in headfirst. Download the guide today for your comprehensive, proven resource for all things farming.

Download My Free Farming Guide

Real Estate Farming 101: Basic Strategy + Cost to Get Started

Infographic - Real Estate Farming Step-by-Step

1. Target the Right Neighborhood

neighborhood iconThe success of your real estate farming operation depends on choosing the right area. A good farm is 500 homes or less. Choose a place where there’s healthy demand (a good absorption rate) and where homes are being listed for sale at a solid clip (a good turnover rate). Ideally, choose a place where you’ve got some name recognition and some built-in expertise.

In our Ultimate Real Estate Farming Strategy Guide, we’ve got all the tools you need to choose the right farm area. We’ll show you how to calculate absorption and turnover rates, and give you tips on conducting geographic, demographic, and property research.

2. Plan How & When to Deliver Value to Your Farm

value iconAgents crushing the real estate farming game are delivering consistent value to homeowners in their farm areas. The key to this step is to plan the “what,” “when,” and “how” in advance. That way, you can reserve your precious face-time for client conversations that will move your prospects closer to a transaction.

Examples of successful real estate farming outreach include postcards, market updates, social media groups, and neighborhood websites. Create a calendar with each message you’re planning to send, and note what value it will provide to your audience. How does it contribute to your overall goals? Use our content calendar planning page in our Strategy Guide to help you map out your outreach.

If you don’t know where to get started with the neighborhood website, we suggest Parkbench. With a Parkbench website, you can create an online space where community members can get information about local events, news, neighborhood happenings, and of course, real estate—all brought to them by you, their go-to resource.

See if Your Farm Area Is Available

3. Make a Plan to Manage & Track Your Leads

leads iconYour real estate farming leads are distinct from the types of leads you get from Zillow Premier Agent or the home valuation landing page on your website. The contacts you make in your farm area result from your consistent effort to build relationships with people in your area. Those efforts are tied to the budget and time you allocate to farming.

To save you time, opt for a solid real estate customer relationship manager (CRM) that helps you tag farm contacts, automate digital communication like email or text messages, and create a record of the value you’ve delivered over the life of your farm. Plus, a CRM provides an easy system to track every reply and ensure you promptly follow up on every point of contact.

Our choice for the best real estate CRM for 2022 is LionDesk, but you can check out all our top picks in our guide: The Best Real Estate CRM for 2022: In-depth Reviews & Pricing.

4. Execute Your Plan: Start Delivering Value!

execute iconYou’ve done all the prep work, and now it’s time to execute. You’ve chosen the right farm area, made a plan to deliver consistent, long-term value, and set up a system to help you manage and track your interactions.

Now, it’s time to set your automated communication plans in motion and start the clock on the high-touch outreach you’ll do to follow up with your postcards, social posts, and market updates.

Successful real estate farming is a combination of long-term automated communication and smart, day-by-day, personal follow-up. If you treat farming as a set-it-and-forget-it strategy, you won’t be as effective. Be active in the communities you’re serving, and your clients (and your wallet!) will thank you!

Real Estate Farming: Cost to Get Started

You can expect upfront costs for effective real estate farming, but the returns will repay your investment many times over if you can stick with it.

Typical annual costs for a real estate farming operation with 250 homes would look like this:

Annual Real Estate Farm Cost: 250 Homes

Regularly Scheduled Postcards (250 x 8 = 2,000)$1,260
Property Status Update Postcards (200 / month x 12 months = 2,400)$1,584
Regularly Scheduled Quarterly Letters (250 x 4 = 1,000)$550
Door Hangers for Your Annual Door-knocking Session (250)$100
Neighborhood Website (Try Parkbench)$3,500
Farm-specific Content for Your WebsiteFREE
One Sponsored Event$1,000
Total$7,994

While this is a sizable investment, don’t forget to look at the upside. If you’re farming a neighborhood where the typical home sells for $400,000, a single 3% commission is worth $12,000 in gross commission income (GCI).

A single property sale will likely recuperate all your investment and then some. If you’re turning over three or four transactions a year from your farm area, the positive return on investment (ROI) is clear.

Essential Real Estate Farming Tools You Need

Real estate farming requires a high level of organization, a solid plan for execution, and, of course, the tools you’ll need to consistently deliver value to your farm area. While these tools could include anything that will get your message to your audience, here are the approaches we’ve found work best for real estate farming.

Regularly Scheduled Real Estate Postcards & Flyers

How Often to Deliver: Twice per quarter
Typical Annual Cost (250 homes): $1,260
Our Suggested Provider: LabCoat Agents
The Close Resource: Top 5 Real Estate Postcards Providers + Postcard Examples That Actually Work

Regularly Scheduled Real Estate Postcards & Flyers
(Source: LabCoat Agents)

Details: The backbone of your farming campaign is your real estate farming postcards and flyers. These are ideal tools to convey messages, statistics, and authority to your farm area.

Use them to deliver a quarterly snapshot of the market, recipes, or sports schedules—ANYTHING that will provide value to your recipients.

On-demand Postcards, Prompted by Market Activity

How Often to Deliver: Whenever a home is listed or sells in your farm area
Typical Annual Cost (250 homes): $1,584
Our Suggested Provider: Postcard Mania, LabCoat Agents, or ProspectsPLUS!
The Close Resource: Circle Prospecting Case Study

On-Demand Postcards, Prompted by Market Activity
(Source: LabCoat Agents)

Details: If you think about your regularly scheduled postcards as a dependable, professional handshake, the on-demand postcards you send out when there’s market activity in your farm area is the unexpected high-five.

Make homeowners aware of market activity in their community, especially after a property sells. Look for spikes in your home valuation landing pages on your real estate website after these postcards go out.

Sending about 50 postcards to homes that are similar to active listings and sales in your area is a wake-up call to homeowners. You’ll be providing them with valuable information and insight into what their financial opportunity could be if they decide to sell, as well.

Farm-specific Content on Your Website

How Often to Deliver: At least monthly
Typical Annual Cost: Free (as long as you have a website)
Our Suggested Provider: Real Geeks or Placester
The Close Resource: Real Geeks Review, Placester Review

Placester Boston Neighborhoods webpageDetails: Your farm area should have a dedicated section on your website where you can post weekly updates about the micro-neighborhood market, goings-on in the neighborhood, and even events of interest to community members in and around town. Your content can be short and sweet, with five or six sentences and a picture.

Your website serves two purposes: to act as an online hub for your neighborhood to stop by and see what’s going on, and to show potential buyers interested in purchasing in your chosen area that you’re the go-to expert when they are ready to buy.

(Source: Page shown is from a Placester website template)

Complete Market Update Letters

How Often to Deliver: Quarterly
Typical Annual Cost: $550
Our Suggested Provider: You!
The Close Resource: 17 Best Real Estate Prospecting Letter Templates

Complete Market Update Letters
(Source: Hawaii Life)

Details: The real estate letter is an ideal way share market deep-dives since you have more space for in-depth thought and analysis. Talk about what’s going on in your business or give shoutouts to those doing good works in the community.

Share messages that communicate to your farm that you’re the expert when it comes to buying and selling homes and LIVING in your community.

We’ve pulled together 17 real estate prospecting letter templates as a helpful resource for your prospecting venture. Check it out and start upping your prospecting game today.

Pro tip: Farming a high-end neighborhood? Consider handwriting those letters. Yes, it will be time-consuming, but the personal touch provided will pay off in spades with discerning sellers.

Parkbench Neighborhood Website

How Often to Deliver: New content one to two times a month
Typical Annual Cost: Starting at $3,500
Our Suggested Provider: Parkbench
The Close Resource: How Parkbench Helps Agents Drive Community Connections

Parkbench Neighborhood WebsiteDetails: Collecting and communicating information that your farming community wants to know about is the best way to use a neighborhood-specific website. Detail local events and include interviews with local business owners, local news, coupons, and, of course, all the latest information about the real estate market.

Some people won’t visit your personal website because they perceive it to be about you, but a website focused on their neighborhood is about them, making it more palatable. As mentioned earlier, our suggestion for this sort of platform is Parkbench.

Power-users of Parkbench are posting weekly content (if not more often). However, posting once or twice a month is a great first effort for agents just getting started on the platform.

Get Started With Parkbench

Door Hangers for Your Annual Door-knocking Session

How Often to Deliver: Once a year
Typical Annual Cost: $100
Our Suggested Provider: Vistaprint
The Close Resource: Door Knocking for Real Estate: Will It Still Work? (+ Tips & Scripts)

Door Hangers for Your Annual Door-knocking SessionDetails: Your farming efforts will be significantly more effective if you’re intentional about getting face-to-face with the people in your farm. Door-knocking isn’t everyone’s cup of tea, but remember, you’re not going into these walks around the neighborhood cold.

By the time you kick off your door-knocking weekend, neighborhood residents will have heard from you multiple times. They know you, even though they don’t know you yet, and they should be familiar with the value you’ve provided so far.

Door-knocking takes practice, a little bit of courage, and most of all, consistent effort. Don’t call it quits until you get through your entire farm. We promise that the last 50 doors you knock on will be a lot easier than the first 50.

Materials for Your Annual Sponsored Event

How Often to Deliver: Once a year
Typical Annual Cost: $1,000
Our Suggested Provider: You!
The Close Resource: 10 Unique Client Appreciation Event Ideas: Lead Gen With Cocktails?

Pumpkins on front step with halloween decorationsDetails: Whether you’re throwing a summer block party and BBQ or a Halloween party, events are a fun way to meet and greet community members. People gravitate to fun events happening within walking distance of their homes.

Events are also fantastic means of building on your authority in your community. Show your community you aren’t active just for business reasons—you’re a part of the happenings that your community connects with every year.

Start with something you know will be a hit if you’re new to event sponsorship, like a free pumpkin giveaway in October. Sponsor a neighborhood garage sale, a community fireworks display in July, or a Christmas tree giveaway in December.

Wait, What About Social Media for My Real Estate Farming?

Social media can be a powerful tool for real estate farming. Many local neighborhoods have their own Facebook groups, and homeowner associations (HOAs) have dedicated websites and social profiles. Of course, the members of your farming community are likely to be personally active on social platforms.

The Close contributor and real estate coach Sean Moudry of 16Strategies suggests connecting with members of your farm area using your personal social media profile. Then, create a custom audience for specific posts that include only the people in your farm. Sean’s strategy helps promote your Parkbench website and any neighborhood-specific web content you’ve created to your target audience more efficiently.

Close insider tip: It will take cold leads upward of 15 touches before they are ready to convert into clients. Using social media to connect with your farm area effectively creates recurring opportunities to be top of mind. Social media doesn’t replace traditional farming techniques but can go a long way to enhancing them. If you need help consistently posting to social media, check out PorchLyte to get 7 days of ready-to-go, customizable social media content for free.

Real Estate Farming FAQs

Still got some questions? Don’t worry. We’ve got answers. Here are some of the most frequently asked questions about real estate farming.






Bringing It All Together

Real estate farming is an effective means of prospecting and developing a consistent source of seller and buyer leads. The best part about farming is that your rate of return on your investment improves over time—as your messaging gets sharper, as more people recognize you, and as your sales stats in the neighborhood improve.

Have a real estate farming idea we didn’t cover? Let us know in the comments!

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How to Convert Leads With Bad Phone Numbers (+ Email Scripts) https://theclose.com/convert-leads-bad-phone-numbers/ https://theclose.com/convert-leads-bad-phone-numbers/#comments Tue, 27 Jul 2021 05:59:59 +0000 https://theclose.com/?p=19355 “All my leads have bad phone numbers!” Stop right there!

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“All my leads have bad phone numbers!” Stop right there! I hear this all too often within my Inside Sales Agent (ISA) training sessions. My immediate response? Don’t throw them in the trash just yet. My goal is to change your perspective—from “bad leads” to massive opportunities!

In this article, I’ll share my highly effective Bad Phone Number Email Campaign. Use it to encourage your “bad leads” to respond with a good phone number and hopefully provide you with an explanation of where they are in their process.

Step 1: Be Quick to Confirm a Bad Phone Number

Fact: 30% of your leads are going to the wrong phone numbers.

Think about it. If ALL agents react by trashing these leads, there is virtually NO competition for them. Are you with me? As a result, these leads are actually highly valuable.

I continue to work multiple sources of leads in the most common customer relationship managers (CRMs) within the real estate industry, and the percentage of bad phone numbers across the board hasn’t changed since I started.

When I train dialing leads, my main focus is on efficiency. Working more leads in less time. Think of every dial being 23 seconds for each lead. That adds up to approximately four rings. If you are not eliminating the bad phone numbers from your call list, how much time are you wasting?

For every 100 dials, 30 will be a bad number. That is approximately 11 minutes of wasted time calling leads that you’ll never reach if you’re not eliminating them from your call lists.

How to Verify Bad Phone Numbers

Your very first dial will be longer than the 23 seconds because you are looking for a few things on that first initial attempt. These are:

  1. Does the dialer disconnect? (Attempt a manual call from a phone)
  2. Does the dialer ring through and NOT go to a voicemail? (Attempt a manual call)
  3. Does a voicemail pick up with the lead’s name as the message?
  4. Is it an automated voice message?
  5. Is it a landline? (i.e., “You have reached the Smith residence.”)

Taking the extra time with the first dial saves you a tremendous amount of time when dialing through the entire database.

Third-party dialers do not detect most bad phone numbers; it will just continue to ring or simply disconnect immediately. When this happens, have your ISA make a manual dial from an actual phone to verify if it is genuinely a bad number.

Action tip: When the voicemail picks up and confirms a lead’s name, make a note in the lead profile—good # name on VM. If it is a different name, make a note of their name from their voicemail. That way, if they do eventually pick up, you can address the lead by the name on their voicemail. If the phone number is a landline, tag it as a landline and remove it from texting.

Step 2: Separate the Bad Phone Leads

Use your CRM tools to remove bad phone leads from your call list. I have compiled a list of ways to do this, depending on your system.

  1. Utilize a tagging system: If you don’t already have a tag, create a “Bad Phone” tag to apply after confirmation and make a note as to why the number is bad.
  2. Mark the number as a wrong number: In some CRMs, when a lead revisits their website, the lead is asked to reconfirm their phone number, increasing your chances of getting a good phone number.
  3. When building your call filters, remove bad phone leads by eliminating all leads tagged or marked as bad: Doing so will ensure a more efficient dialing experience, and you’ll be reaching out to leads who might just answer their phone.
  4. Build an automated bad phone number campaign.

My Highly Effective “Bad Phone Number” Email Campaign

Here it is—the campaign you have been waiting for! Remember, not every lead is going to respond. However, when ONE does, the quality of this lead is valuable because they have agreed to communicate by offering their correct phone number or explaining their situation.

This campaign is only my suggestion—copy it, use it, or tweak it to make it work with your personality. My style is setting my communication apart from other traditional emails. I want to be remembered and stand out for being different.

Pro tip: Use REDX as an affordable source of leads with accurate contact information. REDX provides accurate phone numbers of homeowners with expired listings and FSBOs, connecting agents to qualified sellers. REDX even offers training to help you convert warm leads into listings. Click here to have the $149 setup cost waived.

Notice square brackets in the action areas of the email. Review your CRM’s FAQ section to determine how your database automatically adds these fields to personalize or customize emails for mass action.

SEND IMMEDIATELY

DAY 1

DAY 3

DAY 7

DAY 11

Day 16

Have fun with this! This sequence reflects how you may want to set up your email campaign, beginning with the first outreach, and followed by five more emails sent over the course of 16 days.

Step 3: Review the Bad Phone Lead’s Activity

I have to laugh when I hear agents complaining about THAT ONE LEAD who is always looking at properties but who never seems to reply.

It’s OK, really. You are offering a service to help them look at homes on the market. This is nothing more than a restaurant offering their menu online. Do you think restaurant owners get upset when you view their menu and go somewhere else to eat?

Action tip: What home did they last view? Send them an email with the listing included in the email and say:

Step 4: Be Consistent

Like fine wine, it becomes more valuable over time. So do your leads. Being consistent with communication is the key to increasing communication. Simply activating the email campaign and forgetting about your lead is not going to get the job done.

I like to know what is going on in my database. If you rely on campaigns, you aren’t paying close attention to your leads. You should have a filter to log in to your database and quickly access the bad phone leads.

If your CRM allows, sort by most recently active leads. You can see who has been viewing homes most recently—this is the easiest and best way to communicate and have control over responding. So, let’s take it a step further.

Action tip: You now have a list of the most recent active leads. Now sort your list by those who haven’t received an email from you recently. Your filter should consist of: bad phone, most recently active, last recently emailed.

Send a Mass Email

The idea of a quick, easy, single question is to get them to raise their hand. The more often you do this, the more often you are positioning yourself to get lucky. It is all about the timing and catching leads when they are ready. You have no idea of their time frame, and it is a numbers game.

If you never do it, you have zero chance of making contact. It literally takes minutes and costs you nothing. What is the harm in making this a process that you build into your system on a weekly basis?

Over to You

The funny thing is, we often think we have a great lead when we have a good phone number—but in reality, how many “good leads” fail to answer the phone? Pursue the “bad leads” with my email campaign. If you would like help organizing your CRM, setting up basic systems for your own ISAs, and my ISA scripts, you can download it all here.

Have a great tip for working with bad phone leads? Having trouble with bad phone leads? Let me know in the comments or call me for a private coaching session.

The post How to Convert Leads With Bad Phone Numbers (+ Email Scripts) appeared first on The Close.

]]> https://theclose.com/convert-leads-bad-phone-numbers/feed/ 2 17 Best Real Estate Prospecting Letter Templates for 2022 https://theclose.com/real-estate-prospecting-letter-templates/ https://theclose.com/real-estate-prospecting-letter-templates/#comments Mon, 28 Jun 2021 06:00:58 +0000 https://theclose.com/?p=3398 Let’s face it—rumors about the death of real estate prospecting letters have been greatly exaggerated.

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Let’s face it—rumors about the death of real estate prospecting letters have been greatly exaggerated. Older homeowners, in particular, still respond very well to the good old USPS, and since almost everyone else is sick of online ads, you might be surprised with the response rate you get from your prospecting letters.

For this article, we pulled together 17 of the best real estate prospecting letters to help you connect with buyers, FSBOs, newly divorced homeowners, expired listings, and more. Copy them, edit them to suit your needs, and send them to your farm area this month!

Download All 17 Prospecting Letter Templates


Breakthrough Broker

1. Divorce Prospecting Letter

Breakthrough Broker

 

Pro tip: When sending prospecting letters, you’ll need an easy way to manage your prospects’ contact information. An easy-to-use customer relationship manager (CRM) like Pipedrive lets you create visual pipelines for your prospects to nurture new leads and see how close they are to closing. Their pipeline makes it easy to keep track of conversations and outreach so you know when to follow up. You can try Pipedrive for free with a 14-day trial.

Visit Pipedrive


2. Expired Listing Letter

Real Estate Coach Borino, Expiredplus.com

 

Using Virtual Open Houses - Sean Moudry

3. New Agent Sphere Prospecting Letter

Sean Moudry, Close Contributor & Real Estate Coach at 16 Strategies

 

4. Expired Listing Farming Letter Template

Michael Krisa, Agent Inner Circle

 
Related Article
Real Estate Farming: How to Become the Go-to Agent in Your Neighborhood in 2022

5. Preforeclosure Home Prospecting Letter

National Association of Realtors

 

6. FSBO Solicitation Prospecting Letter

Bryant Tutas, Broker/Owner, Tutas Towne Realty, Inc.

 


7. Buyer’s Prospecting Letter

Ray Wood, Real Estate Agency Consultant, Co-founder, Jigglar

 
Related Article
15 Clever Real Estate Prospecting Ideas to Boost Your GCI

8. Expired Listing Letter for Luxury Markets

LUXVT’s, Upmarket Agent

 

Lone Star Luxury Homes

9. Listing Solicitation—Out of Town Owner

Lone Star Luxury Homes

 

10. Corporate Relocation Specialist Referral Letter Template

Sutton Realty

 

Lowe

11. Low Inventory Alert: Sellers, Your Real Estate Market Has Arrived Letter

Carolyn Lowe, Consultant for Real Estate

 


Myrealestateletters

12. Expired Listing Prospecting Letter

Myrealestateletters.com

 
Related Article
24 Best Expired Listing Scripts & Objection Handlers 2022

National Association of Realtors

13. Open House Follow-up Prospecting Letter

National Association of Realtors

 

Emile L’Eplattenier

14. FRBO Prospecting Letter

Emile L’Eplattenier, Managing Editor, The Close

 

Emile L’Eplattenier

15. Local Business Prospecting Letter

Emile L’Eplattenier, Managing Editor, The Close

 

Travis Lauchman

16. Probate Prospecting Letter

Travis Lauchman, Rental Property Investor in Baltimore, Maryland

 

Using Virtual Open Houses - Sean Moudry

17. Experienced Agent Divorce Prospecting Letter

Sean Moudry, Close Contributor & Real Estate Coach at 16 Strategies

 

Over to You

Have a great real estate prospecting letter we missed? Let us know in the comments! Hungry for even more templates? Check out our 19 Best Real Estate Email Templates. Or, find more prospecting advice in our guide 15 Clever Real Estate Prospecting Ideas to Boost Your GCI.

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