One of the great resources for building your business is past clients. It is amazing how many agents do not keep in contact with the people that used their services and enjoyed the experience. According to the NAR Profile of Home Buyers and Sellers, 43 percent of buyers and 41 percent of sellers found their sales associate through a referral from a friend or relative.
Market research has also shown that it costs more to get a new customer than it does to keep an old one. They are sold on your service and expertise. These people already know you, like you and trust you!
So what are the key elements:
- Deliver great service
- Maintain long-term contact
- Ask for the referral
Sounds simple! But hands up who has a system that delivers all of the above?
If you do not have a system then you are missing a great opportunity. If you do not know how to set up the system then hire someone who does, the investment will more than pay for itself.
Remember your online Real Estate Assistant is an important member of your Team!
Watch for my next blog: Delivering great service
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