Coaching Highlights: Expired Listing Letter Program Gets A 1.3 Million Dollar Listing!
I am coaching Brande Bradford, an agent in South Atlanta Georgia and an Active Rain member. She also hired us to do her expired listing program which is like a three part program. She is only on part 1 of the program and is already seeing amazing results. 
Part 1 of our expired listing program is sending out a very powerful 'all about them' sales letter. I customized this letter for Brande and her market. I studied her market, her expired listings, the pricing in her area and studied the maps of her area to get an understanding and a feel for the area. This helps me to write a very powerful and dynamic letter that is sure to make the phone start ringing.
There are some prerequisites that Brandee had to meet prior to her sending out the expired letter.
Brande is breaking into a brand new luxury home market. So no one reading her expired letter would know who she was. She was not their neighborhood agent, not yet, anyways! But she is going to be!
Brande has been sending out between 15 and 20 expired letters daily for about 4 weeks. She has received 6 phone calls from the letters and 2 sit down listing interviews.
She just landed a 1.3 million dollar listing from this batch of expired letters!
The best part is that this listing is in the luxury neighborhood that we have planned for her to become the neighborhood specialist in.
The more expired letters you send out the more likely you are to get the calls. Brande did not door knock or cold call for this listing. Her phone rang and on the other end was a seller who was interested in Brandee becoming his agent. Just one of these listings closing would more than pay for the customized expired listing program ten times over! You must be patient and commit to the program for at least one year to really measure your results.
If you are not getting these results with your expired letters it is time for you to examine the content of your letter. To help you write a powerful expired listing letter, read our expired listing posts. There are a lot of fine details in these posts that will help you to get the sellers to call you.
One of the prerequisites to make this a very successful program is to make sure you have a good number of expireds in your market. The more expireds you can mail out the more calls you will get. We get all of our listings from 3 sources; our expired listing letters, our Active Rain blog and our referrals. I can not think of a better way to get listings but to have the sellers seeking you out, calling you, wanting your services. It is also a huge time saver. Most of the work in getting the listing is done for you. Now how would you like to break into your luxury home market through expired listing letters?


Katerina Gasset, CIPS, Realtor ®, Business and Life Coach, Speaker and Author. Reach Katerina at: 561-753-0135
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Copyright © 2008 By Katerina Gasset, All Rights Reserved.. *Coaching Highlights- Expired Listing Letter Program Gets 1.3 Million Dollar Listing! * Contact Katerina Gasset for Customized Business and Personal Coaching.
Katerina, Good for you and good for Brande!! That is so exciting for both of you. I hope she sells the listing straight away. I am going to check out your link. Thanks for always being so up and positive.