In my Four Seasons Virtual Assistance incarnation I am often asked by real estate agents to send out advertising email to their clients or to other real estate agents.

Four Seasons Real Estate is doing a real estate auction in May. This isn't a foreclosure auction, but the sale of homes and lots that the owners have agreed to put up at auction. California realtors have been doing this for years, but this will be the first time in Northwest Indiana. Buyers who want to participate in the auction have to pre-register and submit loan pre-approvals. The owners will have designated a minimum price that they will accept; but it isn't disclosed to the buyers. If the home doesn't sell, there is a small "no sale" fee to the seller to cover the cost of the auctioneer.

I bring this up because the broker of Four Seasons Real Estate wanted to send an announcement to all the real estate agents in Northwest Indiana to inform them of the sale because a regular commission will be paid to buyers' agents who bring their clients to the auction. There are approximately 2240 agents in Northwest Indiana. Printing and postage would be astronomical - not to mention the time needed to fold, stuff and stamp the envelopes.

Email seemed like the way to go. The two options I first came up with were Constant Contact and Campaign Monitor. These are websites where you can create an email flyer, upload your list of prospects, and send out the flyer as email.

Constant Contact requires that you register and pay a monthly fee. The fee is determined by how many emails you send per month. My client would have had to pay about $30.00 per month for the 2240 names. He could have registered, used it one month, and then quit.

Campaign Monitor charges only when you send out an email campaign, and the cost is, again, determined by how many you send out. The cost is $5.00 plus one cent per name, so this would have been $27.40.

One problem is that both ask that you only use email addresses you have obtained from people who agree to let you send them email, or "opt in." Otherwise, the email is SPAM. With Constant Contact, if you check off the boxes solemnly swearing that you have gotten permission from everyone, they take your word for it. Campaign Monitor actually looks at the list and has to approve it - and they might think that 2240 people might not all have given their permission.

Number two, my client didn't have the names and email addresses in an immediately usable form. It would have taken at least eight hours to make the list downloadable to one of the email services.

Sunday while I was surfing around on Active Rain, I noticed an ad for company a company called EmailAgentFlyers. Like the other two companies, they offer to send eflyers to real estate agents. Unlike the others, they already have the names and email addresses of most of the real estate agents in the country. They have templates you can use to make up a flyer or you can download a pdf of your own.

In less than 15 minutes I sent eflyers to 2240 real estate agents in Northwest Indiana for $17.95. Since I am an affiliate member of the Greater Northwest Indiana Association of Realtors, I received the email and I was very happy with the way it turned out. One possible drawback, depending on the client - EmailAgentFlyers does put their ad at the bottom of the flyer.

For virtual tour providers (like Four Seasons Virtual Tours) and virtual assistants, the application to our business is obvious. Sending out periodical flyers to and for real estate agents just got a whole lot easier!

And best of all - you can attach a virtual tour to the flyers!

 
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17 Comments on Email Advertising

APR
07
2008
325,159 Points Outside Blog

Hi Debra;

I agree with you about the important of using emails... that is the future.

8:47pm • #1
Thanks for the info, Deb. Email advertising can be very effective. It's cheaper than p[rint and can get you a more targeted audience.
8:48pm • #2
The company I use and have been very happy with is www.AgentMailer.com  I speak with a woman named Penelope there. 727-366-1818.  She can do just a few counties or the whole country.
9:06pm • #3
Localism Sponsor

Excellent idea. I had a Constant Contact account and they are really strict about spam complaints. I think you are allowed two complaints in every thousand. Not very easy to maintain your lists, unless thay are really strong. You may have found the answer we are all looking for so thank you very much Debra, I will check it out!

Chris

Chris Grumley
Florida Eye Tours, LLC
PO Box 69
Anna Maria
FL 34216

Need a warm, friendly, believable voice for your tours?

www.FloridaEyeTours.com

Call Chris on 941 219 2106
Call Erin on    941 545 3110

We did this!

www.VirtualTourSample1.com

 

10:20pm • #4
APR
10
2008

 Deb, 

This one of my issues.  Sometimes I feel like I have a phobia about contact people I do not know personally, even in a marketing campagin.  Let me follow your lead and see if I can get over it.

 Sandra Gibson
Power Play Multi-Media Productions
South Centeral Michigan Virtual Tour Provider
http://www.powerplaymmp.com
ORDER A TOUR TODAY! 517-869-2707

10:02am • #5
APR
16
2008

Hi Debra,

Thanks for the info about the email flyer service. I saw that banner add too and it did interest me too. I'm going to check it out.  I do use constant contact but we do have a lot of issue with spam, but its good for creating campaigns.

Opt in/out option: I don't know about you but if someone gives you their business card, I would say they are giving you permission to contact them.

 

7:19pm • #6
APR
18
2008

Thank you for the info Debra!
Email advertising is an extremely cost effective method of marketing, but as you mentioned you have to be diligent with regards to adhering to spamming regulations. Now, the situation with the business cards is tricky. Technically giving a business card is not opting in - unless you have been advised that the information on your card will be used for marketing purposes. That being said, when you distribute business cards you do open yourself up to solicitation from other parties.

 

1:23pm • #7
APR
19
2008

Great article and suggestions,  I use a program called zebratrack (www.mailworkz.com) and also use a program called streamsend.com, both programs allow you to upload lists in various formats and design campaigns etc... they charge monthly fees of about $30 per 20,000 e-mails... I have found both to work quite well...  both are can-spam compliant and manage opt outs automatically for you...  As long as you have an opt out method contained in your e-mail and opt people out when they request such, you have nothing to worry about... 

10:21am • #8

Just in case anyone was wondering... here are the requirements to be in compliance with the CAN-SPAM act;

What the Law Requires

Here's a rundown of the law's main provisions:

  • It bans false or misleading header information. Your email's "From," "To," and routing information - including the originating domain name and email address - must be accurate and identify the person who initiated the email.

  • It prohibits deceptive subject lines. The subject line cannot mislead the recipient about the contents or subject matter of the message.

  • It requires that your email give recipients an opt-out method. You must provide a return email address or another Internet-based response mechanism that allows a recipient to ask you not to send future email messages to that email address, and you must honor the requests. You may create a "menu" of choices to allow a recipient to opt out of certain types of messages, but you must include the option to end any commercial messages from the sender.

    Any opt-out mechanism you offer must be able to process opt-out requests for at least 30 days after you send your commercial email. When you receive an opt-out request, the law gives you 10 business days to stop sending email to the requestor's email address. You cannot help another entity send email to that address, or have another entity send email on your behalf to that address. Finally, it's illegal for you to sell or transfer the email addresses of people who choose not to receive your email, even in the form of a mailing list, unless you transfer the addresses so another entity can comply with the law.

  • It requires that commercial email be identified as an advertisement and include the sender's valid physical postal address. Your message must contain clear and conspicuous notice that the message is an advertisement or solicitation and that the recipient can opt out of receiving more commercial email from you. It also must include your valid physical postal address.

http://www.ftc.gov/bcp/conline/pubs/buspubs/canspam.shtm

10:23am • #9
3 Featured Posts Localism Sponsor
I also like iContact for personal email campaigns.  Due to the large size of our board, I have had to put all those email flyers services in my junk box. 
10:28am • #10
1 Featured Post Localism Sponsor

I have used eflyers in the past. They were a very cost effective way to contact all the Realtors in the area. Then I found that I was getting multiple eflyers all day from other agents, some made it to my inbox others went to spam. I did not read them unless the headline caught my eye and I thought of a buyer I was currently working with. I decided that most agents are busy people and probably delete my flyers just like I delete theirs'. I no longer send flyers.

Now if I had an unusual property or big price reduction I might consider it.

Sue

12:52pm • #11

Thanks for the CAN-SPAM requirements. Very helpful.

Sue: I agree. I assume most of the emails get deleted without being read.

However, I have been sending out email campaigns - just listed, price reduced - for an agent I work for in Ohio. We send them out with every new listing to agents in the area where the listing is located. (She has an email program attached to her website from Intellicards.) The wording always is: "If you have clients looking for a home in this area, this may be the one." This almost always generates some activity.

Debbie

7:10pm • #12
APR
25
2008
Thx for all the good advise guys!!
8:39am • #13
MAY
19
2008

Hey Deb,

Have you heard?  Cheryl's at it again.  She's working on email campaigns! 

Way to go Cheryl!  You are the best and so is RTV

Sandra M. Gibson
Power Play Multi-Media Productions
South Central Michigan RTV Virtual Tour Provider
http://www.powerplaymmp.com
SCHEDULE AT TOUR TODAY!
517-869-2707

4:55pm • #14
JUN
10
2008

Has anyone ever used Viralytics Media (http://www.ViralyticsMedia.com)?  A colleague recommended them for opt-in email campaigns, but I've never heard anything about them.  I'm just really wary of internet companies in general.

 

-Mark

Mark Dearborn
11:32am • #15
SEP
24
2008

Stand out on a quarterly basis

One product that stood out to me when researching new marketing products tailored to our needs as agents is Tailor-Made magazine. This is a vibrant twenty-page publication, in print and online, that allows agents to truly customize their own magazine to fit their needs. This is not template based as many of you have seen before in other products. This is total customization at less cost than anything-similar available today. The best feature is there are no contracts or long-term obligations, so the risk to you is removed. Sending your client base a refreshing product focused on the positive in life, while promoting your latest listings and updates will pay off. It will also save you money in terms of how many other areas you can stop wasting precious marketing dollars.

Matt Caldwell is a Windermere real estate agent.

For more information, visit http://tailormademag.com/agent/

Matt Caldwell
4:14pm • #16
1 Featured Post

I agree with you in our line of business eflyers are cost effective as well as easier on the environment.

7:42pm • #17

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Debra Higgins

Crown Point, IN

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Four Seasons Virtual Assistance

Address: Crown Point, IN, 46307

Office Phone: (219) 662-4064

Cell Phone: (219) 921-3413

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