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You Can't Hit The Bullseye If You Have No Target....That's Hit Or Miss

By
Services for Real Estate Pros with RE/MAX Executive Realty - Happily Retired 104763

I’m expanding my direct mail marketing program to target several more areas.  Direct mail marketing is a wonderful method for target marketing.  If one has a niche, direct mail marketing is the best way to reach people within that niche area.

My new targets will be to several different groups.  One will be to buyers who are living in condos and thinking of moving to a single family home.  Condo living is a great way to start, but most condos in my area are two bedroom units and it doesn’t take long to outgrow that space.  The database for this group of people will be created from condo owners in Franklin MA from our MLS service.  There are 1,598 names and addresses for Franklin MA condo owners.

Another target will be homeowners who are presently living in starter homes and have outgrown the small cape or ranch style home that they presently own.  It may be time to move to a larger colonial with four bedrooms and a garage.  This database will be created based on the assessed value of properties that reflect this type of home.  In our area, a starter cape or ranch would be assessed within the range of $200,000 to $300,000 total assessed value.  This database will have approximately 3,000 names and addresses.

Another target will be luxury home buyers.  These are the homeowners who have large colonial homes that are 15 years old and approaching major updating.  The potential buyers in this category are a perfect fit for new construction single family homes in an upscale area with 8/4/3.5 and 3,600+ s. f. of living space with a three car attached garage.  New construction is selling because resale homes are selling.  This is a perfect time to make that move.  The assessed value of the target homeowner would be $350,000-$500,000 for total assessed value in my town.  There are 2,400 names and addresses.

Another group will be from my existing database for 55+ homeowners.  Our adult communities are open to visitors every weekend and we always send invitations to visit our communities to see what we have to offer.  This is a group with 5,000 names and addresses to whom I am continually marketing. 

This is the game plan and I’ll have a different theme to attract the attention of each group of potential buyers.  I usually don’t market for buyer calls, but I want that phone to keep ringing.  Buyer agents may want to create a direct mail marketing program to attract buyers in your area.  Target marketing is successfully accomplished with direct mail postcards.

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Barbara Todaro, Great Grandmother to Caleb, Santino, Aiden and Gianni       

Todaro Team - Retired

508-918-9148

               

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Comments(28)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Janis....direct mail is older than dirt.... what makes it easy today is the fact that mls (in our area anyway) provides public record information.....it can be mailmerged on the postcard....sooooo easy now.

May 11, 2012 04:35 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I believe that you just can't do one mailing to an area and expect success. My campaigns usually take at least four mailings up to seven mailings... 

May 11, 2012 04:36 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Paul.... you're right....direct mail must be a continuous, consistently mailed program..... I always recommend every month....you'll find people referring their friends to you just because they have continually received your cards....they don't know you, but that name in their faces every month helps them help their friends!!!!  we like to help, right????

May 11, 2012 04:41 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Barbara: I 100% agree that targeted marketing via postcards is a great way to attract new business.  I ramped up my postcard production this year based on AR observations of how successful you are at it.  It is working for me too!

May 11, 2012 07:29 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Anita......postcard marketing works great if done consistently as you well know..... glad to hear it's working for you....

May 11, 2012 07:45 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Barbara, it amazes me that other realtors do not follow suit in your area on this strategy... I will consistently do that here although i can not do the scope you do...it is enough to make my phone ring.

May 11, 2012 09:14 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Ginny.....I think it's hilarious..... I layout the program in detail and I know agents in my area from other offices read my posts and they don't even try it.....  it leaves more for us.... it's tough out there.....

May 11, 2012 09:38 AM
Rose King
David Tracy Real Estate - Friendswood, TX
Friendswood / Pearland / Houston Bay Area

This is smart marketing, Barbara! Knowing your target market is a valuable thing. I'm impressed that your local MLS has this detailed info available. Have a great day!

May 11, 2012 11:11 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Those are some great targets you have and I know with your marketing expertise, you'll hit the bullseye with every one.

May 11, 2012 11:33 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Rose....mls does make is easy for us....

Chris Ann....all we can do is continue to plug away...

May 11, 2012 06:45 PM
Brin Realty Associates Team At Bean Group
Bean Group | Brin Realty Associates - Amherst, NH
Amherst NH homes and Southern NH real estate
Hi Barbara, sounds like a well thought out direct mail campaign, you are great at planning and execution. Happy Mothers Day.
May 11, 2012 07:09 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Barbara.  Your marketing plan shows that one size doesn't fit all.  Great work.

May 11, 2012 08:23 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Barbara, Great tps. I agree we should know our target when we market our services.

May 11, 2012 09:08 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Rene.... back at ya....

Conrad.... there are many different targets....

Gita.... yes we should....

May 11, 2012 09:22 PM
Kathryn Maguire
GreatNorfolkHomes.com (757) 560-0881 - Chesapeake, VA
Serving Chesapeake, Norfolk, VA Beach

You are so intentional about your niche marketing with postcards.  It is amazing that more do not follow suit.  But good for you!

May 11, 2012 10:26 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Kathryn....we do what works best for us.... others should at least try it for a period of time....

May 11, 2012 10:36 PM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

...and you definitely have the target, Barbara.

May 12, 2012 12:38 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Thanks, Lottie.....happy mother's day to you....

May 12, 2012 12:41 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Sounds like you got a scatter gun my friend, I need to find a few targets myself. Investors here are far and few between most are waiting till after the election.

May 14, 2012 01:48 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Charles.... I need a scatter gun for what I do..... I continually change my targets depending on my inventory..... flexibility

May 14, 2012 02:18 AM