The last few weeks have seen the market in Greenville, the Travelers Rest/Upstate area of SC, and surrounding states, fluctuate wildly. There are many stating that what our focus should be on right now is listings and I certainly concur.

The question is time management and making the most of our lead generation...and what exactly is lead generation.

So here's your homework. Make a list..not just past clients, but everyone you know, friends, doctors, dentist, laywer, past clients, family, ect. You need 100 names. Now don't freak out..you don't have to call them all at once. But it's a proven fact that everyone you know will know at least three people during the course of every given year that is in some type of real estate transaction.

Take your total number of people on your list and multiply it by 3. 
That is how many leads you should get after you have developed a pattern with in a year. And the beauty is: to do this you only have to make 3 calls a day to reach your goal. That's doable even for the busiest realtor trying to keep up with all aspects of your business.
 
  Now take that number and divide it by half because many will not be good qualified leads, then take that number because of our market and divide by half and multiply that by the average commission check you get and that is how much more business you get just by doing the few calls a day.
 NAR says that everyone knows of at least three real estate deals a year. If you are contacting people you know and giving them something of value, the cause and effect will be them giving you the leads. The more on your list, the more you make.

Lead Generation is time management: we have to spend time cultivating and being less reactive to what is happening and start working smarter AND harder. If we want to survive this is critical.

Also in the Keller Williams training we received just last week (and many of you who have been in the business may know this) the average time necessary to pull out of a downswing in the economy is three years. We're only about 25% into this right now so we HAVE to do things differently than we have before. Spend the time each morning, or evening cultivating your list and you'll have the business you desire. Don't leave messages, call with something of value. Send personalized cards. Remember 3 a day is all you need.

Get to it and let me know how it's working for you!  Good luck!

Remember a referral is sending someone you love or care for to someone you respect and trust.

Come to the beautiful Foothills of the Blue Ridge in Travelers Rest, SC just north of Greenville!

 
Post is included in group: Keller Williams 'Rainers
Post is included in group: Keller Williams Active Rain Bloggers
Post is included in group: Keller Williams Realty Link Exchange
Post is included in group: Upstate South Carolina
Post is included in group: ABR/REBAC

7 Comments on Lead Generation--the Survival Guide in today's Market

Dallas homes for sale, Call 972-699-9111 Lynn 911 Dallas Top Real Estate Agent, Dallas homes for sale, Dallas home foreclosures for sale, Dallas homes for sale, Dallas foreclosures, Dallas apartments for rent, Dallas apartment rentals, http://www.lynn911.com , http:// dallasapartmentforrent.blogspot.com/Listings are a great way, however with as many listings we have we truly don't receive the calls I only wished from those signs.  Good luck have a great 4th.

07/03/2008 08:43 AM by Lynn911.com ~ ~ Top Dallas Real Estate Agent (Dallas Real Estate ~ Lynn 911 Team)


Great Post - I've read a couple KW training books.  The chapter on 33 touches is priceless.

07/03/2008 08:45 AM by Todd Martin - Tampa's FHA Specialist (SunTrust Mortgage)


As keller puts it you are in the lead generation business. Not anything more or less. To achieve the results you must get X number of leads!

 

07/03/2008 08:49 AM by Laura Jefferson..Lexington's Realtor (Asset Realty)


Holly, Three calls a day is a reasonable number.  I do find if I call SOI or past clients, I end up spending a great deal of time on the phone.  I am interested in what is going on in their lives and not just looking for business.  Is this the wrong approach?  Ann

07/03/2008 08:53 AM by Ann Hayden~Real Estate Agent Wildwood e-PRO (Prudential Select Properties)


Thanks Holly, My wife and I are just starting as a team in RE. We can use all the help we can get and this tip as I have known from the past, works. I will therefore.......work......what did Gary Keller say? If it's to be it will be me!

07/03/2008 08:59 AM by Steve and Barbara Siegwalt (Lachance Realty)


Holly. Great topic and suggestions, thanks for reminding me to get back to basics.

07/03/2008 11:34 PM by Mike Wong Realtor, GRI (Keller Williams Realty Southwest)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Holly Lynch (Keller Williams Greenville Central)
Holly Lynch
Travelers Rest, SC
More about me…
Keller Williams Greenville Central

Office Phone: (864) 414-8295
Cell Phone: (864) 414-8295
Email Me
The No Nonsense Professional Yet Fun Approach to Real Estate

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find SC real estate agents and Travelers Rest real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved