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Think about your last transaction...Is the deal really done?

By
Services for Real Estate Pros with Malfi Marketing Solutions ~ for real estate professionals

Think about your last transaction.  You found your client's their dream home, the home passed the inspection with flying colors and you're be off to the closing very shortly.

Fast forward to closing day - papers are signed, you turn over the keys to your happy clients - the deal is done!

What??  Before you start thinking that the deal is done remember this - actually you're just starting so to speak.  What am I talking about?  I will tell you. 

 These clients have now just become one of your biggest business builders

They have entered the world of SOI, your world of SOI and they will be one of your biggest sources of referrals.  That's right, they are going to tell everyone they know, you found them their dream home.  They are going to tell everyone how great you were throughout the entire process.  They are going to tell everyone they know you are someone they can trust when they're going to sell their home.  Think about how many people you have just reached and all you had to do was provide great service.  So while the transaction is complete, the relationship is just starting as I was reminded in a comment from Richard Mielke (thank you!)

It's really quite easy when you think about it.  You already know them.  You know a lot about them (hopefully you discovered a lot of what was important to them in a home, to their family, what they do for a living, things of interest to them.) If you've entered them into your database of clients, it's quite simple now - just stay in touch.  Isn't that what Fran the Title Man says?

What things can you do to stay in touch with this great source of referrals?  Although there are many ways to go about this, here are a few ideas: (If you need assistance carrying out your plan for staying in touch with your SOI please don't hesitate to contact me to let me know how I can be of assistance.)

  • Offer to take some pictures of their new home and create a RealEstateShow that allows them to share the news of their new home with great pictures to share with their friends and family.  This is a great alternative to the standard Announcement Cards that people typically send.  (I love creating these for my clients) (In a future post I will be showing you how to create this real estate show and how it shows clients a unique approach to sharing their good news.)

 

  • Remind them from the start that you can provide them with a list of referrals for contractors, landscapers, plumbers - anyone you know that you would recommend for services whenever they need them. (Give them a reason to call you.)
  • Send them a note within one month after they move in along with a cd of all their transaction paperwork for their records - most clients find this very helpful especially when it comes to tax time and this way you're not scrambling to get them these documents if they call asking for them.
  • Check in with them to see if they've changed the flooring or anything they mentioned changing when they first looked at the home or during their final walk through.
  • Make sure they are on your distribution list for your new listings in case they know someone.  This also includes newsletters and any information you typically send to your clients.

 

Send them a birthday card

  • Send them a handwritten note to say hi.

Also, don't be afraid to call them on the phone from time to time. Many clients will have the feeling that they don't want to call you and bother you with questions.  So YOU take the first step.

  • Send them an article you came across that you know would be of interest to them.
  • At some point, invite them to lunch or for coffee - but do so on a personal level - to keep the connection alive.
  • Celebrate their anniversary with them.  Mark it on your calendar and send them an anniversary card.
  • Invite the a community event you are sponsoring.  Ask them to either or attend or get involved in the event with you.  Many will appreciate you giving back to the community.  Remember, you market globally and service locally.
  • Do you host client appreciation events each year - be sure they are on the invite list. 

So tell me, have you experienced success with your SOI referring someone to you?

  What ways do you stay in touch with your SOI to keep that relationship alive and thriving?  (Share some of the reasons (occasions) that prompt that contact.)     
 

Posted by

If it's not evident to you by now, consumers are very knowledgeable and computer savvy and are using the Internet to not only search for homes but for real estate agents and real estate professionals who they feel are like minded and can lead them to the results they are looking for.  

As we all know, there are only 24 hours in a day to get it all done...are you focusing on the right stuff to grow your business and meet your client's needs? Contact us today to get started!

Ready to take your Marketing to new levels? Anne Marie Malfi ~ Malfi Marketing Solutions.com ~ Copyright 2011

 

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Jacinta da Silva
Atlanta Communities - Marietta, GA

you are so right about this

Sep 22, 2008 03:13 AM
Mary Bowen
Coldwell Banker United, Realtor - The Woodlands, TX
Real Estate At Its Finest!!!

The biggest mistake agents make is loosing contact with their clients. It causes agents to continuously reinvent the wheel.

Sep 22, 2008 03:16 AM
John March
Charisma Media Group, LLC - Bluffton, SC
"Engage, connect, prosper" (Matt 6:33)

This is all great advice, And, I am determined to be much better are staying in touchh with my SOI

Great post thanks for all of the effort you put into preparing it.

BeBlessed

John March

Sep 22, 2008 03:22 AM
Richard Mielke
RE/MAX Results - Gettysburg, PA
REALTOR, Gettysburg Pennsylvania Real Estate

THe transaction is finished at closing, but the relationship is just beginning.

Sep 22, 2008 03:24 AM
Angela Lawrence
Noble Merit, REALTORS® - Winston-Salem, NC
Broker/Owner

Referrals are what keeps agents in business!

Sep 22, 2008 03:30 AM
Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
Luxury service in Central Maryland

I love my referrals. There is nothing better than Bill and Mary buyer calling me with the name and number of their friend.

Sep 22, 2008 03:34 AM
Evelyn Panning
Property Connections Realty Inc. - Alturas, CA

Nice reminder -- our best source of new business is happy clients.  I also find that another good source for business is the unhappy clients of another office. :) ~ Evelyn

Sep 22, 2008 03:53 AM
Nancy Larson
I am a licensed referral agent in NJ - Hutchinson Island, FL

More great advise again Anne Maria....thank you. When I ever get out in the world or Real Estate and get really really good at it and need an assistant....you will be the one! You are tops lady.

Sep 22, 2008 07:12 AM
marti garaughty
garaughty.com - Montreal, QC
a highly caffeinated creative type...

 hi Anne Marie, I had to stop by and say how much I like how you're combining excellent ideas with really well illustrated posts, thx for adding it to the group!

Sep 22, 2008 08:56 AM
Fran Gaspari
Patriot Land Transfer, Inc. - Limerick, PA
"The Title Man" - Title Insurance - PA & NJ

Anne Marie,

Thanks for the shout out...but that's not why I subscribed to your blog...This is just such a great post, I couldn't resist!!! Thanks,   Fran

Sep 22, 2008 11:35 AM
Anne Marie Malf
Malfi Marketing Solutions ~ for real estate professionals - Yardley, PA
Real Estate Marketing Consultant/Virtual Asst, Bucks County,PA

Jacinta - thank you for stopping by and for commenting - happy you agree. 

Mary - your point is so true and sad isn't it.  It's something that you already have right in front of you - to me it's quite simple.  Thank you for stopping by and commenting. 

John - thank you for the compliment.  I am happy to hear that your SOI is your priority! 

Richard - excellent point and I added it to my blog - thank you! 

Brad and Angela - you got it!  It's so easy isn't it.  They already know you and hopefully enjoyed the way you worked and helped them. 

Ellie - and I'm sure your clients love giving you the referrals and you.  It has to be a great feeling. 

Evelyn - thank you and you are so right - happy clients are the best clients.   

Nancy - thank you my friend. I would be honored to assist you and hope you are on the mend. 

Marti -  thank you so much for the compliment - it came at the right time for me today!  My hope is to always provide helpful, fun and inspirational posts whether I just get readers/lookers or comments.  So your comment is very much appreciated and thank you for the mention on your weekly summary and for the feature. 

Fran - you are so welcome!  You inspired me and I appreciate you subscribing and hope you will always find my posts informative, fun and inspirational - much the way I find yours.   

Thank you to all of you for stopping by and commenting - I appreciate getting to know you or getting to know you more and wish you much success with your SOI and clients in general. ~ Anne Marie

Sep 22, 2008 01:42 PM
Retired Notworking
Tallahassee, FL

Great ideas and worth bookmarking for future reference. This is my weakest area and I'm resolved to make it my strongest. Thank you.

Sep 23, 2008 12:26 AM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

My best source for referrals are satisfied clients.  It is a joy to keep in contact with them.

Sep 23, 2008 05:58 PM