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8 Comments on Marketing Luxury Real Estate: Focus is Your Crystal Ball
Ninety percent of my entire business comes from referrals, and perhaps five percent from banks. And, I can count on one hand the number that haven't closed in the last dozen years. They do tend to stand out in one's memory, after all.
Good point to focus on your primary market. Thanks.
My business actually thrives on referrals or re-peat clients. The others come from the web. I am a big believer in keeping in close touch with my data base of the past 12 years! I never stop communicating with them.
Most of my business comes from referrals and repeat clients - I did get a recent lead because I kept showing up (thanks to AR's blogging efforts) as the "EcoBroker" in Clark County, Washington. Currently working on getting more leads from Website optimization...we'll see. ;) Really agree with the idea of stepping back and chilling if we're trying to darn hard.
R&A~One of my favorite mantras (if you will) is simply this:
Chance Favors the Prepared Mind
R & A - Great post. I keep a list of where all the leads come from - it is so important to know what works and what does not so we can invest time and resources accordingly.
I have always sourced my listings and closings, Alexandra. It is important to have an idea of where to place most of your marketing dollars. Most of mine come from referrals.
Alexandra,
I don't think the issue of focus is underscored enough in business. We constantly being bombarded by tempting distractions that are supposed to increase our business pool. But the truth is you can hear a splash in the water as many unfocused strategies sink to the bottom. You've hit the nail on squarely on the head with this one... g
Don,
We are delighted that so much of your business is referrals. This determines where to put your marketing dollars. We met an agent whose marketing budget is wholly spent on his referral sources. A