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Print Marketing, Is It a Waste of Paper?

By
Managing Real Estate Broker with Platinum Properties- (931)771-9070 TN Broker: 208698

MailPrint Marketing, Is It a Waste of Paper? Okay I will admit, I am not a huge fan of print marketing. I for one do not like getting lots of unsolicited mail and rarely even bring it into the house. It gets deposited in the trash bin on the way into the house.

Now I am not stupid either and realize that some people like it and even read it. But does the cost capture enough business to make it worthwhile for the time and money spent?

In looking closer at what I have done and continue to do I realize that I do printed materials. I have tried the farming mailings and they just didn't pay off for me.

One thing that is expected in my market area is listing brochures. I print these on every home I have listed. They go in a feature box on the sign for easy access by buyers. Even times I promote more than just the featured home and put other similar listings in the area for the buyer's consideration. These do get calls and requests for showings.

Another printed piece I use is a Just Listed or Just Sold card. I feel this appeals to the neighbor that wants to be have the Scoop on what is selling in the neighborhood. I have even asked a satisfied seller to write a letter of reference and sent that to the neighborhood. This works well and gets my phone to ring.

Another thing that I am just beginning to use is a Just Listed , Keep Your Eye Out Card. This is attached to the mailbox and is in the neighborhoods where my REO and Foreclosure listings are located. The idea is to solicit their help in looking out for the property. If they see someone snooping around or the home unsecured then I ask them to call me. Also I give them permission to tell me if the grass is getting too tall. The neighbors really like this because they then become a partner in selling the vacant home and returning the neighborhood to a better condition.

As for doing a newsletter or postcards, I do these via email. The postage and printing costs are not in my budget now.

Print Marketing, Is It a Waste of Paper? It depends what works in a certain market and for the agent. If you are going to do it, it must look professional and high quality and you have to be consistent to give it a fair shot. You can't do it once or twice and expect results.  And if you have never tried it, how do you know it doesn't work?

 

Photo courtesy of anankkml at freedigitalphotos.net

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 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

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Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Excellent use of printed material, Debbie.  Interesting to see how different some areas are.

May 23, 2013 09:28 PM
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Hi Debbie-Very cleaver method of getting the word out. I, personally,  just have a hard time with the concept of mailing marketing stuff. 

May 23, 2013 09:51 PM
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

Whatever makes your phone ring Debbie.  We use a combination of print marketing and internet marketing.                    

May 23, 2013 10:05 PM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

It's all about R.O.I. (Return On Investment ) There's no sense in merely trading dollars with the public to get listings. We have to have our limited marketing dollars do better than break even !

May 23, 2013 10:57 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If done properly and with purpose and meaning, they turn into keepsakes which lead to business opportunities

May 23, 2013 11:59 PM
Suzanne Otto
Six Twenty Designs - Lansdale, PA
Your Montgomery County PA home stager

I've been reading a lot of posts lately on print marketing. Good tips and pros and cons. I have yet to do it, but I'm leaning toward it. At least a small targeted area first.

May 24, 2013 12:23 AM
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Debbie~ You share a good point, determining whether or not print marketing works will depend on the market and probably on the neighborhood that you are mailing to.

May 24, 2013 12:51 AM
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

Hi Debbie - I couldn't agree more. Print marketing works in certain areas, but not everywhere. It's a component of our marketing plan, but not the most important part.

May 24, 2013 02:54 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Debbie -- everyone has to do what works for them, what they believe in and what they can do consistently.    Leave out just one of those three - and I believe any marketing effort will fail.   

May 24, 2013 03:49 AM
Ralph Gorgoglione
Metro Life Homes - Palm Springs, CA
California and Hawaii Real Estate (310) 497-9407

We still get listings and buyers from our Just Sold cards, even to this day.

May 24, 2013 05:56 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Debbie, I recently read that the ROI on postcards is 1%, while the ROI on keeping in touch via the internet was 17%. Now, if we could get every person's email address, we would be set. I think that's why we have to stay top of mind for those who sign onto our websites and consistently contact them via phone and email.

May 24, 2013 06:35 AM
Dave Keys
MOVE UP in Google Search Learn How Here - Brea, CA
Chief Search Strategist Real Estate SEO Expert

One thing about print marketing. If you get it opened or looked at, and you can engage the person, there's only your content in front of them with no window to click away and no back-arrow or other item to click away. The pace of consumption is much slower and more reflective. 

If you have their attention, you have it to a much greater degree with print. Even if they set it down, it can be picked up again later without having to type in an address or even re-opening a browser window.

May 24, 2013 10:09 AM
Rebecca Howard
Coldwell Banker Residential Brokerage - Orland Park, IL
Recognized | Respected | Recommended
Hi Debbie. Thanks for the tip on postcards for keeping an eye out. Gonna try that one.
May 24, 2013 01:56 PM
Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley Realtor since 1976; 408-373-4411

The biggest listing agents in my marketplace do just listed and just sold color post cards into one large geographic farm area.  It takes patience and constant repetition.  Our home prices and commissions are large so even a low percentage of responses pays off.  They have essentially no internet presence and work 90% with listings.

May 24, 2013 03:31 PM
Aaron Hofmann
Atlanta Communities - Smyrna, GA
aka Mr. Smyrna Vinings
Good caveat. It really does depend on the market and how it fits into your overall strategy. Is it a core part or complimentary. How do you measure your ROI.
May 24, 2013 08:55 PM
Bryan Robertson
Los Altos, CA

I see print marketing as having value when it's used in combination with other channels.  If I run an ad plus do online, then I'm getting some value as part of a larger marketing campaign.

May 26, 2013 02:41 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I really like your idea about sending out just listed cards on your REOs. What a great way to get the neighborhood involved and to remember you. I just love that idea.

May 26, 2013 01:42 PM
Jack Wickham
Clarksville, TN
Building with Integrity

Debbie, Print is expensive so it is important to monitor its effectiveness and be willing to tweak it and change it if it is not doing what it should.

May 27, 2013 10:55 PM
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

I do find the neighbors want to know what a property sold for.  I have two new post cards going out in a neighborhood this week and another one in two weeks.  I think they will catch owners attention.

Jun 09, 2013 10:27 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The neighbors like to be in the know and especially know what the actual selling price is and what is happening that will affect their property values.

Jun 09, 2013 11:54 AM