1. Best Practices For Achieving Global Outreach And Global Visibility (Are you working in a global market?)
- The Internet is where people look at homes first
- Attend real estate related events and conferences a) How do you get visibility?
- Talk to people
- One-on-one with qualified sphere and target the ones to gain the most exposure (who is giving you the most value?)
- Customize your one-on-one
- Minimize time spent
- Qualify them
- Follow up regularly
- Share point of interest and humor
- Remain memorable
2. Best Personal Marketing Strategies (What are you doing to maintain visibility in your market area?)
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Blog
- E-Postcard
- Community letters
- Join organizations and groups
- Share information with sphere
- Have a business lunch weekly
- Ask what you can do for them? (give lunch first then ask what you can do for them)
- Permission based marketing
- Follow up 5-7 times
- Facebook, Twitter, Linked-in (Social networking)
- Name-tags worn everywhere
- Company t-shirts – wear socially
- Keep visible
- Send out “just sold” postcards
3. Do You Have A Market Niche? (What is your market niche and do you feel you can have multiple market niches?)
- What is your niche? Sports, waterfront properties, short sales, auctions, firemen/teachers, church, investors, REO, ethnic groups, politics, hobbies (example: golfer sells golf front properties; boater sells waterfront, etc.)
4. Best Practices For Effectively Marketing Your Listings (What are you doing that the competition is not?)
- Pull owner/occupied in three mile radius and target the tenants (renters being able to buy)
- Press releases on property (send bullet point information to Roger – it MUST be newsworthy) Press release gives you exposure
- Video: Example, testimonials, show points of interest for the property – emotional. Example: horse farm – show videos of brushing horse, etc.
- Track your results
- Understand sellers’ motivation; reasons for urgency; get down the price; keep focused; keep their fire burning (three main points are exposure, price, accessibility)
5. Best Practices For Marketing To Buyers
- What are your most effective ways for finding new buyers?
- Look at previous buyers
- Work your database
- Listings must be the right price
- You are what you advertise. Advertise $200,000 properties and you talk to $200,000 buyers; advertise $2 million properties and you talk to $2 million prospects.
- Open House
- Outreach to lead list (database)
- Ask all “who do you know”
- Ask for the referral
6. Best Practices For Holding An Open House (What are the best ways to get prospects to your open house?)
- Ask to be added to your brokerage website
- Realtor.com
- Make it a themed event with food (one invite to brokers; one to prospects, etc.)
- Send out e-flyer
- Door Hangars
- Send personal invitations (ex: 20 personalized invites to neighbors)
a) What are your best practices for post open house follow up?
- RSVP from the invitation (gives you great “in” with the people who responded
- Neighborhood listing potential (may get a neighbor’s listing)
7. Effective Database Marketing (How important is database marketing today? Very important!)
- If you are not using, you are going out of business
- How often should you touch your database?
- Important to follow up with database; three times per month
- Share your best database marketing strategies with agents you know (the favor will be returned)
- Send useful information
- “Call to Order” (Ask for a referral)
- Take advantage of company-provided marketing
8. Free Marketing Initiatives (What do you see as the most effective marketing strategy that is absolutely free?)
- Blogging
- E-postcards
- Social networking
9. What Are You Going To Do Differently To Market Yourself And Your Properties In 2010?
- Do inventory of what has been most effective: look back and reuse your most effective practices.
10. Best Marketing Practices To Do - Today
- Communicate one-on-one (make phone calls)
- Mirror the client’s personality
- Ask “Who do you know?”
- Ask for the referral
- Get involved with a charity
- Mail 20 personal invitations to neighbors (personalized) around your open house
- Personally written thank you notes “from the heart”