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How's YOUR follow up system?

We've all heard it for years, the key is in the follow up... most sales are made after the umpteenth follow up... follow up is critical... got the picture?

Well, I agree 110%.  But I practice only about 50%.  I know that is the weakest part of my business and I am working on improving that part. We get busy and all of a sudden that post-it note on our desk is 2 weeks old and we wonder whether it's too late to even bother calling...

Yesterday I saw first hand an EXCELLENT example of great follow up... and it's probably going to result in a sale!

Yesterday my husband, Tim, forwarded me an email with 6 quotes for car insurance from AAA.  One quote was from AAA company and the other 5 were from other companies they represent.  They ranged anywhere from $1200 per year to over $2,000 per year. (we're paying about $1,800 right now).  I called him and said "I didn't know you were shopping for car insurance" and he said "I thought YOU did it!"

So here we are, we have no clue why we're looking at this price quote, but it looks GOOD!

Then when I got home last night there was a message on the machine from the agent at AAA.  He said that last year about this time we had requested a quote so he knew we were coming up for renewal and he just wanted to provide us with some updated quotes and to call him if we have any questions.

HE KNEW WE HAD REQUESTED A QUOTE A YEAR AGO AND HE KNEW WE WERE COMING UP FOR RENEWAL AGAIN!!!!

That's follow up!  The only thing that would have been better would be to put that story in the email that he sent so we knew WHY we were getting the email.

What type of follow up do YOU have?  If one of your potential buyers decides to rent for a year instead... are you following up with them about 9 months later to see if they're ready?  Are you following up with listings you DIDN'T get and contacting them again when they expire?

I know, it's a lot of work, but GETTING the leads is the hardest part in most businesses.  If someone has stepped forward and even HINTED that they're interested in buying or selling, stay in touch with them until they DO! (or they call the cops on you... that's a good time to take them out of your tickler file!)

p.s.  the $1,200 a year quote is for the SAME coverage we have and it's with a very reputable company... I think we may be switching!

RESOURCES:

For Real Estate Agents: Subscribe to my weekly e-zine at www.AndyTolbert.com

For Homeowners: BeforeYouShortSale.com and SeminoleCountyForeclosureBlog.com

For Investors: IRCFlorida.com

 

 
Post is included in group: Real Estate Instructors
Post is included in group: POSITIVE ATTITUDE for the Weary Soul
Post is included in group: All Things Florida

2 Comments on How's YOUR follow up system? Mine Sucks compared to THIS guy!

MAY
04
2010
Outside Blog

What a great reminder! Thank you so much!

Brenda Swigert, CDPE, e-PRO, Realtor

 

12:24pm • #1
3 Featured Posts Attended Rain Camp

Andy- what I love about your post most is your conciousness:)

When we reach that point when our antenna is up and we are paying attention to what is going on around us to the point that other, seemingly unrelated fields such as insurance companies marketing campaigns and how they do business and how can we use and learn from them to better our efforts...well then girlfriend....that is just the bomb! You have learned from that insurance company a very valuable lesson and I just bet you have already put in place some tools to make your follow up better.

Thank you for sharing your insights and helping us all to pay closer attention and helping us all to raise our awareness and consiousness:)

3:11pm • #2

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Andy Tolbert Orlando Waterfront Homes for Sale

Sanford, FL

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Oneir HD Realty

Address: 1499 W SR 434, Longwood, FL, 32750

Office Phone: (407) 260-8800 x 107

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