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Real estate Marketing 101- the good ole fashion way!

By
Real Estate Sales Representative with Compass

Can't sell your home?  With the number of sellers on the market, compared to the number of buyer-its no wonder.  I have been successful this year using the following strategy learned in my marketing 101 class.

Instead of relying solely on email and the internet and other social networking arenas, maybe its time to  pick up the phone and actually network with your colleagues.  Yes that's right, I'm referring to  good ole  fashion human interaction!   It worked for me on my last 3 closings!- maybe it can work for you!realtor networking before the internet

 

Sale 1- I was talking to a colleague in another office about coordinating a neighborhood broker open.   We were discussing potential buyers and showings we recently had and she told me of a realtor who made an offer on her clients home, but it was too low for her seller to accept.    She told me to call the other realtor because she thought my home would be perfect for the other client and in a price range more in line with the client's price range.

I picked up the phone, called the other realtor,  subsequently invited her to my broker's open and 2 weeks later her buyer bought the home.    Home sold by networking with other realtors and picking up the phone.

Sale 2- After an office meeting, I was networking in my office and asking if anyone had a  buyer  for a home that was not on the market yet.  Two people sid they were working with relocation clients  and would love for their clients to see it.   Although it was not yet formally  on the market,  one of the clients fell in love with it and the rest is history.  Again this home was sold by networking with other realtors.

Sale 3-   Realtor was  looking at homes  with a client and drove by one of my listings.   She called me for  the  price of the home.   I was on the phone at the time, but called her back within 2 minutes to give her the information she needed.  Although  the home she was looking at was out of her price range, I shared with her another listing that I had that was in her price range.  She immediately went to see it and 3 weeks later her clients made an offer.  

 

When  interviewing  a potential realtor in selling your home, I recommend that you should ask these additional  relevant questions?

How long does it take for the realtor to answer his phone or email?  What is his  responsiveness time?  If the realtor isn't available, is there someone else that is going to answer his calls?  Does he pick up the phone on the weekends?

Is your realtor aggressive in marketing your property to his colleagues?

Now don't get me wrong, I'm not saying that the internet is replaceable, but I do want to point out that even in the age of technology, human interaction  and responsiveness is something that can't be replaced or replicated.

This is strategy 3 in my series or tips for  selling/ buying  your home.  If you would like to read more posts in  my strategy a week series, I have include them below for your convenience. 

Strategy 2- Why you should hire a local realtor when buying a home?

Strategy 1- Why you should take pictures of your home in all seasons

 

 

If you want more information regarding specific real estate sales in the Buffalo Grove, Long Grove, and Lincolnshire area, please do not hesitate to call me at 847-602-5435 or email me at info@buffalogrovehomes.com   I am available 24/7 to make appointments!

 

 

Posted by

The above blog post was written by Judy Greenberg.

 

If you are looking to buy or sell a home in the Chicago Northwest Suburbs, you have come to the right place...  Call or text me at 847-602-5435
 


THE JUDY GREENBERG GROUP

Coldwell Banker Residential Brokerage
THE GROVES OFFICE
4192 IL Route 83 #F – Long Grove, IL 60047
847-602-5435

info@buffalogrovehomes.com
 

Oh, by the way, I'm never too busy for referrals!

 

 

 

Comments(82)

Anonymous
Shelley Hinojosa (Gatewood Group Realty)

Networking is the only way!  One of our title companies have a monthly networking (called Nothing But Net") at our local Chamber of Commerce.  We have agents from many different companies, where we share our listings and other information relevant to real estate.   Many homes have been sold this way.  Sometimes the perfect house gets passed over in MLS because there are so many.  This really helps when you can pass out home flyers to other agents.

Oct 10, 2008 05:48 AM
#64
Marian Goetzinger
Pine Knoll Shores Realty 252-422-9000 - Pine Knoll Shores, NC
Crystal Coast Real Estate NC

Judy,  Great blog.  If we'd actually practice the golden rule, which all REALTORS subscribe to, wouldn't life be much better.  Sometimes we forget to treat our fellow REALTORS the way we'd like to be treated.  I challenge all of us to work harder to do that.  Thanks for the nudge.

Oct 10, 2008 06:57 AM
Evelyn Panning
Property Connections Realty Inc. - Alturas, CA

Thank you for reminding us that a lower tech approach can be quite effective. ~ Evelyn

Oct 10, 2008 09:42 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Great post, Judy.  You're right on.  Nothing beats the phone call for the personal touch, other than face to face of course.

Oct 10, 2008 12:14 PM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Judy, I think networking and sphere are far higher ways to find clients than ANYTHING on the Internet. Great article!!

Oct 10, 2008 03:22 PM
Pamela Wood
Century 21 New Millennium - Leonardtown, MD

Judy,

    This is an excellent way to promote a home.  I have not tried this, YET.  I have held borker's open houses but I believe this can work also.  I very much enjoyed reading your blog.  Thanks for the ideas!!

 

Oct 10, 2008 11:19 PM
Greg Gorman
John R Wood Properties - Naples, FL
Naples Florida Real Estate

Great post Judy- There are no substitutes for being nose-to-nose toes-to-toes with people. It's the higest and best use of our time and the most effective. We all got too passive with technology and the current market taught us to get back to the basics. Thank for sharing and Greetings from Paradise.

Realtor Greg Gorman & Team Paradise Logo

Oct 11, 2008 12:17 AM
Judy Greenberg
Compass - Long Grove, IL
Compass- Long Grove -Buffalo Grove

Pippa- thanks for visiting... I will try almost anything in this market and this works for me...

Greg- Thanks for visiting..  We are so lucky that the weather in Chicago is paradise this week.

Oct 11, 2008 03:05 PM
Judy Greenberg
Compass - Long Grove, IL
Compass- Long Grove -Buffalo Grove

Pamela-Broker Opens is where I sometimes meet new realtors...

Gary- yes I do very well with my sphere also. 

Gabe-thanks for visiting.

Oct 11, 2008 03:11 PM
Anonymous
Not Yet Licensed

How long does it take for the realtor to answer his phone or email?  What is his  responsiveness time?  If the realtor isn't available, is there someone else that is going to answer his calls?  Does he pick up the phone on the weekends?

Hi Judy,

Those are good questions for consumers to ask.  Thanks for your thought-provoking post.  Your Sale 2 example make me wonder about the agents who decide to work from home.  Do they miss out on some good networking opportunities?

Respectfully,

Bruce

Oct 11, 2008 06:59 PM
#73
Mara Hawks
First Realty Auburn - Auburn, AL
Inactive-2012 REALTOR - Homes for Sale Auburn Real Estate, AL

I do see a lot of local agents emailing each other about their homes... So many can start coming through my email that I get to quickly deleting them. Picking up the phone and using a personal touch--- gosh, did YOU think of that, Judy?!! Brilliant!! thanks for this excellent, useful post.

Oct 11, 2008 10:03 PM
Anonymous
Anonymous

In this world of tecnology a personal phone call meas a lot.  There are a lot of realtors that don't answer their phone much.  One of my buyers wanted to see a home on a weekend and I never did contact the realtor.  The seller would not have been happy at all!  I do call all my clients once a week to keep up along with e-mailing. You just can't replace that.  Interacting with other realtors is very inmportant.  Sometimes they just don't notice your lising on the MLS>

Oct 12, 2008 06:53 AM
#75
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Wow! You actually want us to talk to other agents? Our competition? Now there's a novel idea! LOL Seriously, I never really thought of it that way. Altho I've had agents call me weeks after I showed one of their listings to advise me of a price reduction. That's pretty impressive follow up that I have not accomplished! A great tip to keep in mind.

 

Oct 13, 2008 03:11 PM
Julie Neerings~Lifting Hearts ♥ Building Dreams~
Agent Referral - Salt Lake City, UT

Judy~This was a well deserved feature.  You are so right! The phone is golden and to hear the voice on the other end gives you great confirmation when following up.  Thank you for your example and for keeping us all in check on something that should be so simple.

Oct 15, 2008 02:16 AM
Judy Greenberg
Compass - Long Grove, IL
Compass- Long Grove -Buffalo Grove

Julie- thanks so much for checking in with me.. Its so nice to see you back...  Now that email is  sometimes overused and abuseed, sometimes a phone call is just the thing to learn more about information about what the other realtor is looking for. 

Thom and Ray- other agents are my clients, not my competition... I look at it very differently. 

Mara- Thanks for visiting... I love technology, but sometimes a phone call is what is what's needed the most.  I have an assistant, but I don't let her make follow- up calls since this is when I can shmooz with other realtors

Oct 15, 2008 03:40 AM
Judy Greenberg
Compass - Long Grove, IL
Compass- Long Grove -Buffalo Grove

Bruce- yes, I think we will lose a lot of this networking if we all work from home, but if you come in for meetings and network there, sometimes that is good enough.

Oct 15, 2008 03:42 AM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Judy networking is certainly important. I think most people feel more comfortable doing a deal with someone they know well and has a good personality.

Oct 16, 2008 01:06 AM
Aloysius Donohue
Keller Williams Realty - Ridgewood, NJ
Ridgewood Real Estate

Judith - Great info from an excellent agent.  Networking and face-to-face interaction will always be key in real estate, regardless of what technologies and tools come in and out of vogue.

Oct 16, 2008 01:26 PM
Paul Slaybaugh
Homesmart - Scottsdale, AZ
Scottsdale, AZ Real Estate

Nothing beats bumping bellies with the public for drumming up sales.  I think it often is the significant piece of the puzzle that gets neglected in thes 2.0 world.  Especially given the sea of listings out there, people need a reason to find yours.  Why not be that reason?  The tech stuff is a pre-requisite anymore, but there is one reason why a good agent will always be necessary.  We are dialed into the community.  This doesn't only mean market knowledge, but we know which branches to shake to get the buyers to fall out of the tree.  The guy in the office who still uses a typewriter and types with his index finger is still selling houses because he has never forgotten that this is a people business.  You can't hide behind a monitor all day long and expect to thrive.  Terrific post, Judy. 

So when you coming out this year?

Oct 17, 2008 03:56 PM
Patricia Beck
RE/MAX Properties, Inc., ABR, GRI, SRES - Colorado Springs, CO
Colorado Springs Realty

This business will always be about human interaction, there are just some things that the Internet cannot replace.  Thanks for sharing your success stories with us.  I find Broker Opens are also a great way to expose my listings.

Nov 19, 2008 01:16 AM