Do you use magnets? We have all heard stories about agents landing listings through mailing recipe cards, newsletters, and of course by blogging about a neighborhood. Some agents pass out pumpkins around Halloween or seed packets in the spring. I have had clients call off the postcard that was mailed to an area with comparable sales. All of these are ways real estate agents prospect for cold leads. Some effective, some not.

Judging by the quantity of magnets and stickies on most peoples refrigerators I was wondering how successful promotional magnets are? We all probably have at least a few on our fridge from the local pizza delivery guys, but what about real estate services? They are pretty cheap and seem to stick around.

Of course nothing out does a good referral, but do you use these promotional magnets to stay at the top of your spheres mind? Do you mail them out to a geographic area? How successful have they been? I would think that magnets with football schedule printed on them would stick around and be used for at least a season. You might even get a call asking for next years season if they get used to having one.

What have your experiences been in using refrigerator magnets?

 
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5 Comments on Do You Use Magnets

SEP
14
164,285 Points 1 Featured Post

The one use that I think was valuable.....I once did a calendar magnet with my business card on it...then I went out and got local businesses to contribute a coupon for the month. The homeowner could keep the calendar on the frig and every month find a neat coupon for a local business. I got 8 calls for new business from this and sold 2 deals.

12:25pm • #1
135,259 Points

Jonathan: My experience is zero. In 7 years I have never used them and likely never will. I believe they are very old school. From speaking with other local agents who use them, the ROI simply isn’t there … and thus a waste of time and marketing dollars. Having said that, they may work wonders in other areas which is where some research will help.

12:26pm • #2

 Calandar magnets help my customers remember me and there is my phone number if they need it. I usually send them to my past customers. How many of us have heard - I don't remember my old realtor's name, but she/he was really nice.

12:31pm • #3
1 Featured Post

Karen - I notice you got 2 deals from that promotion, but you said "once I did".  Have you used magnets with less successful results?

1:59pm • #4

I wouldn't suggest using them unless you plan to continue.  Consistency is key but who wants to wait several years for that one phone call in order to pay for your investment?

10:27pm • #5

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Jonathan Martin, Seattle Real Estate Agent

Seattle, WA

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Cell Phone: (206) 579-5605

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First Time Home Buyers in the Seattle Area must read this blog. It is chocked full of great advice and tips for buying a home in the Seattle Area. Or you can check out our Negotiation Blog to learn how to get the best deal.

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