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Your VISA Card Can't Do Your Job

By
Real Estate Broker/Owner with Keller Williams Cal BRE 01325265

Are you receiving several calls from vendors that are interested in offering you various services to obtain more leads by some miraculous method that they have come up with?  Lately I have been receiving these calls a lot. Maybe it is an end of the year thing.  Most of the telemarketers are not well equipped to answer questions about their services.  They usually call into the main switchboard, ask for a successful listing agent and then call. 

This sort of lead generation is not targeted to you in particular.  Don't be flattered if you are the listing agent that they are attracted to.  There are several other people in your office that they will call on the same day.

Definitely do not give out your credit card number.  Refer back to your business plan.  Is this new shiny sort of lead generation on your list of areas to focus upon?  Probably not.  Pass on it. 

In the unlikely event that the system seems appealing - research it first.  Do not leap.  Call Brokers that are using the service and ask their opinion.  Call Brokers that canceled the service and inquire why.  Check out their online reputation.  The Better Business Bureau is also a worthwhile avenue to investigate.

If you decide this service fits into your business plan ask a few more questions.  Ask the vendor how they will give you referrals back.  How are they planning to support your business on an on-going basis?  See if you may pay them on a referral basis instead of as a monthly fee.

The sad truth is there is no magic bullet to lead generation.  No matter how much your magnetic strip gets swiped it ultimately comes down to you. Get on your phone, respond to online leads with lightening speed and get up move away from your desk and go out and meet people.  Direct contact is always going to be the best approach to building your business. 

 

 Colleen K. Cotter @ 619.804.6840

Broker Associate

Short Sales, Divorce, Military, Corporate Relocation

www.mySanDiegoAgent.com

Keller Williams Realty

DRE #01325265

Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

The phone has been ringing non-stop with someone with the latest must have tool or technology for my business.  Thanks but no thanks/

Dec 04, 2012 08:41 AM
Christina Sanchez Hood
Palo Alto, CA
#SiliconValleyHOODS | Inspired Living

Colleen, that is so true about random lead generation calls coming in and promising the world... and that is why having a business plan is so important.  Money only goes so far and then you actually have to do the work :)

Dec 04, 2012 08:42 AM
Mark Weber
White Sands Realty - Naples, FL
Naples Florida Real Estate

Well said. None of that stuff works. What does work is concentrating on real business through Activerain, blogging and generating real leads through your own website! There are no shortcuts to real long-term lead generation.

Dec 04, 2012 08:48 AM
Colleen K. Cotter
Keller Williams - San Diego, CA

Thanks, Cindy.  There must be some end of the year push to get our $$. No thanks.

Dec 04, 2012 08:51 AM
Colleen K. Cotter
Keller Williams - San Diego, CA

Thanks, Christina!  Yes, money has to make it a long way these days.  Good for you for sticking to the plan!

Dec 04, 2012 08:52 AM
Colleen K. Cotter
Keller Williams - San Diego, CA

Thanks, Mark.  You are right.  Nothing will replace showing up and doing your job.

Dec 04, 2012 08:53 AM
Ralph Janisch ABR CRS Broker
Janisch & Co. - Conroe, TX
Selling Northwest Houston to good people like you!

Always remember that 99.9999999999% of these calls will NEVER benefit any one other than the company doing the calling.  Most of what they offer to you is just crap and will be sold to Every agent that can fog a mirror and who has a credit card.

Dec 04, 2012 09:00 AM
Colleen K. Cotter
Keller Williams - San Diego, CA

Thank you, Jeanne and Ralph.  I agree.  It is too bad we don't have the ability pay for these "services" in cash.  It is a lot harder to hand over "real money" as opposed to a credit card.

Dec 05, 2012 02:11 PM