Setting Yourself Up for the Turn-Around

By
Real Estate Agent with Brown Bug, LLC

Although the economy (and business) may be slow, now is the perfect time to start preparing for a turn-around.  At some point, things will start improving, and if you've managed to hang in there through the tough times, you'll probably be in a really good position when they do.

So what can you do now to get ready?

Spruce up your website.

A good website can be the lifeblood of your lead generation and marketing efforts, if you treat it like a living thing that brings value to your followers.  Set it up right, maintain it consistently, and it could generate a good majority of your business.

Set up a regular email campaign.

Whether you choose to send a monthly newsletter, a daily audio message, or a weekly video, if you effectively plan, implement, and maintain an email-based marketing campaign, you can quickly and easily build rapport with your followers.

Email marketing might seem "old school," especially with so many other web-based tools, like blogs, Twitter, and podcasts, but I can personally attest to their effectiveness in building an email list.

Take advantage of the effort you spend in compiling email marketing messages by housing the content on your own site (rather than on the email marketing service's site or in the actual email messages) so that you take advantage of the "Google juice" these keyword-rich posts offer.  Create an RSS-based feed, and you can make the email part automated.

Start building a Twitter following.

Twitter has great potential as a marketing tool for real estate professionals.  New listing on the market?  Update all your followers in a second.  New restaurant just opened?  Be the first to notify your clients and prospects so that they have the "inside scoop."

There are tons of ways to use Twitter as a real estate agent.  Plus, it's fast, it's easy, and it's free.  Start building a following now by adding a link to your profile, as well as a feed of your tweets, on your website and blog.

Fine-tune your marketing plan.

How do you plan to capture those buyers who are just waiting in the wings for the market to start turning?  Be ready by getting all your marketing ducks in a row now.

Figure out your strategies, plan out a 12-month marketing calendar, and get to work.  When things start picking up, you'll be ready, while other agents are scrambling to get back in the game.

Tweak your systems.

When is the last time you went through your checklists and systems to improve and streamline them?  Really evaluate your systems, work to make them as simple and as automated as possible, and you'll make life much easier on yourself and your clients and prospects.

Think about it.  Is there a better way that you could be processing incoming leads?  Could your auto-responder messages be updated and improved?  Start from the top (point of initial contact) and work to the bottom (customer relationship management after the closing).

Take advantage of slower times and take care of all those tasks you've been putting off for a rainy day.  The sun will be shining again soon!

Comments (55)

Roland Woodworth
eXp Realty - Clarksville, TN
eXp Realty

Great information... I have book marked this to come back and use to revamp

Apr 30, 2009 10:03 AM
Sandy Childs
Keller Williams Realty - Spartanburg, SC
Realtor - Spartanburg, SC

This is exactly what we are doing. Our Team is learning how to get techie during this slump. It also gives us time to hang out on AR.

Apr 30, 2009 11:12 AM
Daren Krause
Keller Williams Realty - Austin, TX

Very strong post.  These are really solid fundamentals to be focusing on with regard to marketing and branding.  I've bookmarked it for future reference and am off to follow you on Twitter.

Apr 30, 2009 11:19 AM
Anonymous
Lenay Wilson

Wow great information!!!!  Thank you!!! looking forward to use some of your advice!!

how do you get a following with Twitters?

Apr 30, 2009 02:46 PM
#39
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

All great stuff Amber and thanks for sharing. I stay ready and have geared up, retooled my systems and so forth.

Apr 30, 2009 02:51 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Amber - Great advice.  This is the perfect time to fine tune processes because when things turn around those who are left standing will be in a good postion.

Apr 30, 2009 03:55 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

I've bookmarked your post as there are a lot of things on here on which I should be working.

Apr 30, 2009 05:02 PM
John Lavin
Re/Max Ultimate Realty Inc. Brokerage - Toronto, ON
Realtor - Mississauga - Toronto Real Estate

Thanks Amber...it is always good to know that things will  turn around.

May 01, 2009 01:20 AM
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

Staying alive is the key.....for now!

Patricia Aulson/Portsmouth NH Real Estate

May 01, 2009 02:24 AM
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Time to clean up, spruce up and get out there! 

May 01, 2009 04:09 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

I think the turn around is coming.  But then real estate is always changing.  We need to change with it.

May 01, 2009 04:41 AM
Emily Lowe
The Lipman Group | Sotheby's International Realty - Nashville, TN
Nashville TN Realtor

We definitely need to get prepared for when the market does turn around, but I wonder exactly how long we will have, given the current mess we are in!!!

May 01, 2009 06:16 AM
Yvonne Jaramillo Ahearn, Esq. (B)
Hawaii Life Real Estate Brokers - Kailua, HI
REALTOR-Broker, CRS, GRI, ABR CLHMS

Great post and I agree. Working on updating my look and business as we speak! ALoha - Yvonne

May 01, 2009 11:50 AM
Anonymous
Anonymous

Jump down turn around pick a bail of money! Jumpdown turn around pick a bail a day!

May 01, 2009 12:51 PM
#50
Carrie Sampron
Home Smart Realty Group - Highlands Ranch, CO
ABR SFR & Kathy Sampron (303) 931-3629 Highlands R

Amber:  What a great plan!  Thanks for reminding us to keep things fresh.

May 02, 2009 11:56 AM
Kelsey Barklow
Hurd Realty - Johnson City, TN
423/948-9154

These are good things to do to get yourself out there and hopefully ahead of the rest of the pack. Thanks for the ideas.

May 03, 2009 12:41 PM
Amber Riviere
Brown Bug, LLC - Covington, LA

Whoa, have I got some catching up to do!  Sorry, everyone, I've been out of town since Thursday, but thanks for taking the time to comment.

@Patricia - Thanks, and I'm glad you enjoyed the post!

@Lonn - Thanks!  I hope it helped.

@Kristi - Exactly right, those who have made it this far will be in really good shape when things turn back around.

@Jason - Creative ideas - good luck!  I like letting people be attracted to my work, too, rather than pushing myself on anyone, so the tactic might attract just the right type of client for you!

@Bob & Carolin - I agree, and it takes really keeping an eye on your business and how things are working (and how they could be improved upon).

@Hugo - Thanks!  I agree.  There's nothing more important than staying in line with your vision for your life and business.

@Roland - Thanks!  I appreciate it.  Hope it helps!

@Sandy - Good idea to use the time to get up to snuff on technology (and there's so much good stuff out there for real estate agents!), and hangin' around AR isn't bad either. ;)

@Daren - Thanks!  (If you're looking for me on Twitter, I'm brownbugproject.)

@Anonymous - Thanks!  I'm glad you enjoyed the post and hope it helps.  As for developing a Twitter following, I'm going purely organic and find that it's working pretty well for me and my goals.  I just post info that's relevant to my target audience, making sure to use keywords that are relevant, too.  That's about all I do - not overly aggressive, but I'm more of a tortoise than a hare. ;)

@Charles - Thanks!  Sounds like you're ready to go when things turn back around.  Good luck!

@Jennifer - Exactly right, and better to be ready when that time hits, because it will likely be a while before you'll have time to overhaul the systems again.

@Christine - Hope it helps!  Thanks for the bookmark.

@John - I know, it's always easy to get discouraged, but things have a way of working out somehow.

@Patricia - Right, sometimes it's all about surviving and sustaining a business than worrying about growth, but those who survive this will probably be in good shape when things do turn around.

@Lyn - Good motto!  It will definitely help you stay on track.  Good luck!

@Gene - I agree.  Things seem to be looking up, and usually, we need these bad times in order to grow.

@Emily - I think agents have an exceptionally hard row to hoe, and I know plenty who have gotten out of the business, but I think there's a light somewhere at the end of the tunnel for those who hang in there.

@Yvonne - Thanks!  Good idea, what better time for a new look while you're revamping?!

@Anonymous - And whistle while you work! :)

Okay, I'm outta breath.  Time for a break!  Thanks for commenting, everyone.

May 04, 2009 01:57 PM
Amber Riviere
Brown Bug, LLC - Covington, LA

Missed you -

@Carrie & Kathy - Thanks!  Glad you enjoyed the post and hope it helps.

@Kelsey - Good luck!  I think anyone who uses this time to improve will be in great shape soon.

I hope I didn't miss anyone else!  Thanks for the comments, if I did, and I'll try to be sure and catch you next time!

May 04, 2009 01:59 PM
Sonya Loose
Modern Realty - Beaverton, MI
Helping Buyers & Sellers of Waterfront Property

These are all great tips!  Thanks for putting them in one place for all of us :)

May 18, 2009 03:19 AM
Amber Riviere
Brown Bug, LLC - Covington, LA

Thanks, Sonya!  Glad it helped.

May 18, 2009 03:29 AM

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