What Actually Makes a CRM Powerful?

By
Real Estate Technology with Chime

 

There is nothing wrong with your television set...

The last time I wrote about real estate CRMs and technology, I felt my post created more questions than it answered! (you can read my original post on shopping for a CRM here) I felt encouraged to revisit this topic from all the warm welcomes and responses I’ve received from Activerain. For this blog, I wanted to take you on a journey and show exactly how a CRM is designed to save time, streamline workflow, and boost sales.

Do not attempt to adjust your computer monitor. We are controlling the blog post. You are about to experience the awe and mystery of real estate tech which reaches from the first lead to the outer lender!

So what actually makes a CRM so powerful? What tangible benefits do I gain?

Technology automates critical lead engagement.

How: Lead importing and auto-engagement.

It’s one thing to use tech to maximize your time and improve productivity, but it’s another to have your CRM parse data and engage leads from any source on your behalf.

Why is lead engagement critical? When an agent responds to a lead within the five minutes, the chances of conversion increase by 100%. Online leads often fall into the buckets of other agents, yet being in front of your online leads first is the secret to getting the best ROI out of your online lead efforts.

Scrambling to the computer to be the first to respond is fleeting! It’s contradictory to time management and leads to waste. The right CRM will import and engage online leads automatically through email, saving you plenty of time and allowing you to focus your attention on other lead gen efforts.

Technology improves funnel performance with sales automation.

How: Lead scoring, routing, and nurturing.

Importing and automatically engaging leads in the background takes tremendous weight off the top of your funnel, and the technology built into the right CRM can solve a common problem with most sales funnels: 79% of marketing leads never convert into sales. The lack of proper lead scoring, routing, nurturing is the cause of poor funnel performance.

Lead scoring.

Phony emails, 555-5555 numbers, and fake names are all too common with online leads. Even if leads are imported directly into your CRM, how do you know which leads are sales qualified and which leads need to hit the trashcan without manually scrubbing?

There’s technology out there which scrapes online data, parses it, and verifies emails and phone numbers from each lead, so you can know right off the bat if you have a proper sales qualified lead, a lead which needs further development, or a “lead” not even worth your time.

Lead routing.

From an online performance survey conducted by REAL Trends, agents who used automated routing saw 13 to 25% in lead gen growth year over year! Originally, importing leads required manual routing and management, especially if leads were aggregated from multiple sources.

If you run a team or have trouble figuring out which group to assign a lead to, there’s technology built into CRMs that can automate lead routing from different sources, from Zillow to online leads to your custom Zaps, all your leads are grouped together in a single, centralized database without

Lead nurturing.

Compounding studies and proven methods from the industry’s top coaches demonstrate more leads are closed between the 6 to 12th touch stage. Creating action plans and deploying them within your CRM will help you track your touch methods and stages. This will keep you from boxing yourself in with a single strategy, for example, calling too frequently or flooding your lead’s inbox with poorly optimized emails.

Setting up an action plan will help you follow-up in the right order with auto-welcome emails, texts, reminders for a quick call, and even a reminder to send a handwritten thank you note! If you have team members, you can even delegate these tasks.

Technology keeps you agile and competitive while mobile.

One of my favorite things about technology is the ability to take it on the go, and I am not alone. A majority of professionals agree they could be more productive if they had mobile access to work applications, according to Base. But professionals are the only ones going mobile.

In 2014, the National Association of REALTORs found the typical buyer lead used a mobile device to search for properties online. After looking at agent websites with photos, home listings, and information, the lead then contacted an agent. As real estate moves more and more into the digital sphere, It’s important to optimize your lead gen and sales strategies to be mobile responsive.

Chat services, including 3rd-party SMS and virtual number tools, are one of the easiest yet underutilized lead gen and converting tools! From another REAL Trends study, 5% of online leads came from live chat. Agents who use 3rd-party chat services see 36% increase in online lead gen, 50% lead qualifying rate, and 7.5% lead conversion rate!

 

Technology automates time consuming processes.

How much time do you spend on administrative tasks, lead prospecting, scrubbing, or non-sales related tasks throughout your day? If you’re like the 62% of other agents who answered a recent productivity survey, you might spend an hour or more each day on marketing, advertising, and lead prospecting.

In the same online performance survey conducted by REAL Trends, agents who leveraged technology into their daily workflow were 50% more productive compared to agents who used no technology. Consider the ‘80/20’ rule: What tasks can you automate using your CRM which only produce 20% of your results but consume 80% of your time?

Technology runs your team.

Technology built into an intelligent CRM will automate your workflows and take the human factor out to maximize productivity, sales, and even team cohesion. Here’s how the right CRM provides time-saving solutions for a team:

  • Customized lead routing delivers leads to your agents with smart pipeline
  • Customized welcome messages the second they are added as a lead
  • Property alerts allows you to send properties that may appeal to your lead
  • Communicate and collaborate from any device with Chime’s team chat and virtual number feature
  • Create action plans and tasks for your team and manage their efforts, whether you’re at the office or on the go with your mobile phone
  • Reporting and analytics allows you to gauge the strengths and weaknesses of each team member, including email open rates and conversations with leads

I have many many more features in my tool chest designed to save your team time and money. Can I show you how Chime is designed to help you turn more hellos into escrows?

But before you go, all of us from Chime want to give you two free special gifts: A free infographic and an ebook on how to build and run your own real estate team from the ground up!

Chime.me | 888 - 342 - 9698 | info@chime.me

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Technology & Tools
Tags:
real estate software
real estate teams
real estate tech
real estate crm
sales automation
lead nurturing
real estate lead gen
chime crm
online lead gen

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Anonymous
Erin Lee

nice

Aug 15, 2017 04:08 AM #18
Anonymous
John


Thanks. Great post, important things were mentioned. I've read a lot of articles about essay writing. If you need more information about writing essays you could read articles on different types of essays and could know how these types write. For example, you can check this -
best term paper

Sep 04, 2017 03:03 AM #19
Anonymous
annlike

Depuis 1995, Philip Dufour sera la classe depuis le studio, où la fumée a toujours été remplie de nuages, mélangée à de l'ancien bois et à l'atmosphère métallique. Où Philip Dufur invite chaleureusement les visiteurs, même s'ils sont obscurs. Sur les cinq postes de travail, seulement Deux d'entre eux sont utilisés. L'un d'entre eux, bien sûr, est Philip Dufour lui-même. replique montre Des dossiers, des broyeurs et des bois de gentiane, des dizaines d'objets éparpillés sur la table, selon que Philip Dufeer peut comprendre l'arrangement du système, et il a assis des pièces, des croquis et Paco a maintenant pris sa retraite d'Audemars Piguet, qui a été "à temps partiel" pour aider Philip Dufour au cours de l'année écoulée, aussi enthousiaste que les jeunes (Paco s'est maintenant retiré d'Audemars Piguet, qui a été "à temps partiel" pour aider Philip Dufour au cours de l'année écoulée aussi enthousiaste que les jeunes En 1967, Philip Dufour est diplômé de l'Ecole Technique School du Sentier. Désireux de prendre des risques de ses bagages, Hublot Montres il a voléen Allemagne, dans le département de l'après-vente de l'intrigue pour ouvrir une carrière. Peu de temps après, Philip Dufour a été envoyé au détroit, réorganisant la marque dans les affaires du service après-vente au Royaume-Uni. Après cela, il a fait ses adieux à Europa, à St. Cros. L'île de Sainte-Croix est une île dans les Caraïbes, de 25 milles de long, lorsque la «usine» de la montre est située. En deux ans, Philip Dufur dans l'horlogerie de la General Watch Company sous les feux de néon affine ses yeux et plus tard, la dépréciation du dollar, l'usine fermée, Philip Du Fuer n'avait d'autre choix que de se lancer dans les palmiers luxuriants et le soleil chaud. Ces expériences antérieures l'ont amené à croire que «la tabulation était universelle et pourrait être effectuée n'importe où . "Philip Dufour Il a été personnellement engagé dans la réparation de montres et la recherche et le développement complexes de temps seul. Ce fut un moment difficile, Panerai Montre a réussi à maintenir le succès." Réparation travailler pour que je respecte les cinq années, "il est id ", en 1992 a lancé un grand Ming, 2000 et a publié Simplicity, et finalement en 2003, j'ai renversé la situation

Sep 24, 2017 09:14 PM #20
Rainer
1,300
muneer ahmed
muneer ahmed - Bunch, OK

Extremely pleasant article, I appreciated perusing your post, exceptionally decent share, I need to twit this to my adherents. Much appreciated!. frases para enamorar

Oct 08, 2017 12:49 AM #21
Anonymous
Muneer ahmed

Such a nice blog and i appreciate your all efforts about your thoughts. it's really good work. well done. I would like to share something really helpful for education. .. ethnic shoes

Oct 10, 2017 09:32 AM #22
Anonymous
muneer

I think this is definitely an amazing project here. So much good will be coming from this project. The ideas and the work behind this will pay off so much. dental seo

Oct 11, 2017 09:10 AM #23
Rainer
1,300
muneer ahmed
muneer ahmed - Bunch, OK

Thanks so much with this fantastic new web site. Iâ��m very fired up to show it to anyone. It makes me so satisfied your vast understanding and wisdom have a new channel for trying into the world. check here

Nov 05, 2017 11:37 PM #24
Anonymous
New Garage Doors

informative Blog! You make such a large number of incredible focuses here that I read your article two or three times. Your perspectives are as per my own particular generally. This is extraordinary substance for your perusers. 
New Garage Doors

Nov 07, 2017 11:27 PM #25
Anonymous
muneer ahmed

informative Blog! You make such a large number of incredible focuses here that I read your article two or three times. Your perspectives are as per my own particular generally. This is extraordinary substance for your perusers. 
New Garage Doors

Nov 07, 2017 11:36 PM #26
Anonymous
kite

Excellent article plus its information and I positively bookmark to this site because here I always get an amazing knowledge as I expect. Thanks for this to share with us Blu S1 Review

Nov 08, 2017 04:20 AM #27
Rainer
1,125
franciscok buchman

I am definitely enjoying your website. You definitely have some great insight and great stories.

wedding photographer

Dec 04, 2017 02:31 AM #28
Anonymous
kite

Most of the time I don’t make comments on websites, but I'd like to say that this article really forced me to do so. Really nice post! brother pt-d450 driver

Dec 13, 2017 01:26 PM #29
Anonymous
kite

We are truly thankful for your blog entry. You will discover a great deal of methodologies in the wake of going to your post. I was precisely scanning for. A debt of gratitude is in order for such post and please keep it up.  molly fish tank

Dec 14, 2017 01:27 PM #30
Anonymous
fejij

Extremely intriguing online journal. A lot of web journals I see nowadays don't generally give anything that I'm keen on, however I'm most definitely inspired by this one. Recently felt that I would post and let you know. Sell house fast Atlanta

Dec 15, 2017 02:05 PM #31
Anonymous
Snow japan

I am a major devotee to remarking on web journals to educate the web journal scholars realize that they've added something beneficial to the internet!..  Snow japan

Dec 16, 2017 04:30 PM #32
Anonymous
Kirabook

This is highly informatics, crisp and clear. I think that everything has been described in systematic manner so that reader could get maximum information and learn many things. Toshiba Kirabook

Dec 17, 2017 11:54 PM #33
Anonymous
effe

A debt of gratitude is in order for posting this information. I simply need to tell you that I simply look at your site and I discover it exceptionally fascinating and educational. I can hardly wait to peruse bunches of your posts. bully dog puppies

Dec 22, 2017 03:48 PM #34
Anonymous
fefkok

To 0892 22 20 33 voyance telephone gratuite, you can meet a true fortune-teller, which will use tarot cards, astrology and numerology to deliver you clear predictions for your future. This is a voyance serieuse where you can get all the answers that you need to know. voyante telephone gratuite

Jan 01, 2018 03:21 PM #35
Anonymous
sbobet

I'm impressed, I must say. Very rarely do I come across a blog thats both informative and entertaining, and let me tell you, you ve hit the nail on the head. Your blog is important.. sbobet

Jan 07, 2018 05:08 AM #36
Anonymous
fiwj

Its my great pleasure to visit your blog and to enjoy your great posts here. I like it a lot. I can feel that you paid much attention for those articles, as all of them make sense and are very useful.  Ladonna

Jan 18, 2018 09:26 AM #37
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
55,063

April @ Chime Technologies

We market for agents, build CRM and tools. Ask me!
Ask me a question
*
*
*
*
Spam prevention