Reports, Charts and Graphs - Oh my

We can all chat about the best way to service a buyer or seller. Some agent's believe that they should drop and run the minute a person calls (day or night ) because that is what the agent believes is the measure of service and it is the agent's perception of how they will be evaluated.

Let's face it. We have all been taught to look for our report card to understand how we "measure up." But the true measurement in the value relationship is to find out exactly what is important to that customer whether it is the buyer or seller --- and deliver measureable, tangible results. You can run for every call but if you don't sell the customer a product  that is a real, measured value and deliver that new home or investment property --- then the bottom line is 0 x 0 = 0.

There are many, many ways in which we can provide value and service to our buyers and sellers. And, the best way is to show is by facts. I know, many of us cringe at the thought of going to the stats but the truth be told --- numbers do not lie. ( My HS math teacher is getting a good chuckle about now! ) We, as agents, go through the exercise of  buying newspaper, magazine and internet advertising. We spend a good deal of time and money. But do we really know if these ads are making the best of the dollar expendature? Do we really understand what we are getting for our money ( and for our sellers? ). The best way to understand this --- is not just believe the ad sales rep or ad person --- but to track the results.

Let me give you an example of how I track a web site designed specifically for one of my listings. Yes, the seller loves the fact that the site has it's very own web address. And, yes, the seller loves the fact that there is a sign rider on the property and that the property comes up in google searches --- but is it really delivering the numbers? Let's take a look at the data for my listing at http://www.merrittdrive.com/ :

ActivityDaysVisitsPage ViewsHits
3/28/2008 - 4/28/2008322,88477815,786

Top 5 Page VisitsVisitsPage Views
Home346498
Photo Tour89119
Full Details5878
Print Brochure1723
Mortgage Calculator918

Search PhraseHits
www.merrittdrive.com373
www.merritt drive.com114
merrittdrive.com83
oradell home sale merritt67
Referring SiteHits
merrittdrive.com14,694
SITE RESOURCE75
WEB Page generator62
njmls.com27
google.com12

WOW! Not only can we see the number of days, visits, page views and hits --- we can see the top 5 page visits and what our visitors are looking at ( so we know what is working within the web site ) and we can see where these visits are coming from ( over 14/M from the web address vs 27 visits from the NJMLS or 12 from google). Now these are FACTS that I can use with my existing SELLER and FACTS I can use with my prospective sellers for future listings. This also helps me know --- WHERE my buyers are looking and potentially coming from.

Now, of course, this may not be the only TACTIC in the marketing mix that will sell this particular home BUT is does help me know WHERE my marketing dollars are going and the results for the expendature. Not to mention, that this report helps me KEEP MY SELLER informed with REAL Data. 

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Copyright - Pamela Stetson 2008,   http://www.pamelastetson.com/

 
This post has been included in New Jersey Information Bergen County, NJ Information
Post is included in group: RealtorsĀ®
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13 Comments on Reports, Charts and Graphs - Oh my

I am sure that you clients when shown the stat's are impressed. Has the home sold?

04/28/2008 09:31 AM by Lorraine and Loretta Kratz (Crescent Moon Realty, Inc. & Land N Sea Auctions.)


Hello Lorraine and Loretta --- The home is newly renovated ( from top to bottom) and awaiting it's CO. It was just listed in the past 15 days...so this makes the stats even more impressive. Hopefully, it will sell fast! Thanks for reading and your comments.

04/28/2008 09:36 AM by Pamela STETSON (Abbott & Caserta Realtors)


Sending marketing reports to clients is a great proactive way to stay in touch and let them know how your efforts are paying off. I always include the number of hits from virtual tours, along with MLS hits -- I use screen shots and embed them in my email. Pictures and graphs sometimes convey the message better than numbers, believe it or not. :)


04/28/2008 11:17 AM by Elizabeth Weintraub, Sacramento Real Estate Broker (Lyon Real Estate)


Hi Elizabeth --- I had intended to include the graph that I use to report this data to my sellers but for some reason, I could not import the graph correctly to this blog. I agree with you  pictures and graphs  always help.

04/28/2008 01:05 PM by Pamela STETSON (Abbott & Caserta Realtors)


Hey... another numbers person! I've noticed that when you track the trends you begin to see what works.

04/29/2008 12:57 AM by Chuck Willman, Arizona RealtorĀ®, ABR, TRC (Gentry Realty & Investments)


It's always helpful to have these kinds of facts on hand to help you remain informed, and make the needed corrections and additions to your data, or your meta tags for that matter.

04/29/2008 01:10 AM by David Saks - Real Estate Broker (The Real Estate Mart of Tennessee, Inc.)


Pamela, that is impressive. It is really amazing what they are doing with tracking software nowadays. I hope that this turns into sales for you.

04/29/2008 03:45 AM by Michael Thornton - Nashville, TN area Home Inspector (Complete Home Inspections, Inc.)


Hi Chuck --- I cannot believe you called me a numbers person! I have become one over the years because when you look at data --- it gives you guidance and sometimes answers! Particularly for marketers --- I agree --- you have to know where your buyers & sellers are coming from AND where to efficiently spend your $$$$. Thanks for your comment and for reading.

04/29/2008 06:10 AM by Pamela STETSON (Abbott & Caserta Realtors)


Hi David --- I have always said that knowledge is power! When sellers ask --- how come we are not in the classified section of the local paper, it is always good to show them why. Now, that said, there is always room for all types of marketing tactics but at least you have some data to help make informed decisions.

And, your sellers realize you are not just taking a shot in the dark.

Thanks again for your comments!

04/29/2008 06:13 AM by Pamela STETSON (Abbott & Caserta Realtors)


My friend, Linda, is brilliant! And, she taught me to love data...since we once we show the numbers...all else fades away. Thanks for reading and commenting, too.

04/30/2008 10:42 AM by Pamela STETSON (Abbott & Caserta Realtors)


Thanks for reading and your comments Bo. It is very helpful to use particularly with the sellers....

Thanks for stopping by. P

06/11/2008 12:31 PM by Pamela STETSON (Abbott & Caserta Realtors)


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Real Estate Agent: Pamela STETSON (Abbott & Caserta Realtors)
Pamela STETSON
Mahwah, NJ
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