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And the winner of PRICE IS RIGHT contest is...

By Praful Thakkar

Real Estate Agent with LAER Realty Partners

July 05, 2012 04:47 PM

And The Winner of
PRICE IS RIGHT : $500 Real Estate Marketing Challenge Is...

I guess, it will be me! or should I say, no guesswork - it is ME!

This is the last minute entry as I have lost touch writing blog posts - it's been almost 5 months, I have been collecting ActiveRain points on comments, listing posts and market reports.

Not anymore - Margaret Rome, thanks for 'pushing' me - here I come! (Not to forget the incentive I have for this post - $500 plus 1,000 AR Points.)

Too much of talking about points - let me come to THE POINT. What will I do with $500?

Being a staunch follower of Brian Buffini and his systems (sorry Ben...), I'd spend most of this amount in lead generation. How? So, here it is....

$90 - Mailing my monthly Item of Values to my sphere of influence
$45 - Mailing Personal Notes, Thank You notes
$100 - My Pop-bys (20 past clients, approximately an item of $5 each)
$120 - Breaking the Bread with my little network (4 lunches and 8 'tiffins')
$100 - A Thank You note with Starbuck's gift card to those who sent me referrals (no, I cannot wait until the transaction is completed!) (Yes, I do generate at least 10 leads a month....want to join the sysyem? Call....me)
$30 - Very nominal cost of the 'blue box' (well, it's an integral part of coaching with Brian)
$15 - Purchase A Book Of the Month

Exactly $500! WOW!

(I thought I will have to spend some money on Brian's new CRM - Referral Maker which goes hand-in-hand with what Brian teaches. Well, he made it FREE for all coaching members. Thanks, Brian, I did not have to go over the budget)

I know many of you must be wondering - is this Real Estate Marketing as defined in http://www.activerain.com/real-estate-marketing? My answer is - Yes, it is. Try it.

I have my sixth sense telling me - it will be me! Again? Why not?

This post is an entry for the $500 Real Estate Marketing and Tech Challenge. Learn more about this ActiveRain contest at www.activerain.com/marketing-challenge.”

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Cheryl Ritchie

RE/MAX Leading Edge www.GoldenResults.com - Huntingtown, MD

Southern Maryland 301-980-7566

What is blue box and what is tiffin? I just started on the last entry and am moving up reading from the end so you became first!

Jul 05, 2012 08:02 PM

Margaret Rome Baltimore 410-530-2400

HomeRome Realty 410-530-2400 - Pikesville, MD

Sell Your Home With Margaret Rome

For sure you are winner in my book! Welcome back, my friend! I have missed your voice and you know it. Good luck with the contest.

Talking about taking it down to deadline...you only had 13 minutes left. And I thought mine would be the last entry.

Margaret

Jul 05, 2012 08:03 PM

Fernando Herboso - Associate Broker MD, & VA

Maxus Realty Group of Samson Properties - Clarksburg, MD

301-246-0001 Serving Maryland, DC and Northern VA

I like the purchasing of a book of the month. . .great strategy!

Jul 05, 2012 08:59 PM

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

Good morning, Praful..... I should have you budget my money every month.... good job...

Jul 05, 2012 09:37 PM

Ritu Desai 703-625-4949

Samson Properties - Chantilly, VA

Northern Virginia,Washington DC & Maryland Realtor

GM Praful, I am with you sending a gift card when you receive a referral. Good luck with the contest.

Jul 05, 2012 10:51 PM

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Great advice Praful, and I am sure that it will be you, who else, why not?

Jul 05, 2012 11:24 PM

Beth Atalay

Cam Realty and Property Management - Clermont, FL

Cam Realty of Clermont FL

Good morning Praful, I like how you would spend your $$ lots of personal touches there. Why not you? Good luck.

Jul 06, 2012 01:01 AM

Donna Foerster

HomeSmart Realty Group - Parker, CO

Metro Denver Real Estate Assistant

Hello Praful~ I'm so glad Margaret gave you a "gentle" push. I've missed your posts. It's not as much fun to comment on listings and market reports, but I understand you need to do that for your business plan. Maybe you can slip in one post a week, or month for your friends! :-)

Jul 06, 2012 01:07 AM

Praful Thakkar

LAER Realty Partners - Burlington, MA

Metro Boston Homes For Sale

Cheryl, Tiffin is lunch, or any light meal. It originated in British India, and is today found primarily in Indian English.

Margaret, yes, you are always there for me - and I should say, this post was possible because of you. I don't know how much can I thank you for bring back my so-called blogging skills. I think, I don't blog - I just talk out loud!

Fernando, a good book is a treasure, we all know.

Barbara, you are a MEGA agent - and for your database, I guess, even to have these touches, you'll need an extra '0' at the end...lol.

Ritu, thanks - it always pays to send the 'Thank You' note with little intangible gift as soon as one receives the referral.

Bob, Beth, I thought this is the best $500 spent - and with max ROI. And it's easy, too.

Jul 06, 2012 01:14 AM

Donna, thanks for stopping by. I must admit, I am inspired to write here by many of you - that includes you, too. And Margaret is special to me - she has always guided me offline, too.

And now that I have broken the ice - once again - you may see me here more often...more than once a month, for sure.

Jul 06, 2012 01:17 AM

Tammie White, Broker

Franklin Homes Realty LLC - Franklin, TN

Franklin TN Homes for Sale

Praful, I love some of your suggestions above. I have been thinking of inplementing the "tiffin" for awhile. I guess, the time is right. I already send a Starbucks card to agents, friends etc. who pass on referrals.

Jul 06, 2012 01:55 AM

Tammie, I think this 'system' works -whether you have a coach or not - a personal touch makes all the difference. 'Tiffin' is a lovely concept and you are going to have a coffee/tea in the evening so why not with someone?

Jul 06, 2012 04:20 AM

Kathy Clulow

Uxbridge, ON

Trusted For Experience - Respected For Results

Praful - never mind the points or the freebies ..... a great way spend the budget, contest or not, following your steps will make you a winner in other ways that are very rewarding

Jul 08, 2012 06:17 AM

Captain Wayne - Rowlett Real Estate School

Rowlett Real Estate School - Panama City, FL

Rowlett Real Estate School / Owner and Instructor

Good Morning Praful, You have some great ideas for marketing expenses. Thank you for sharing them!

Jul 08, 2012 10:30 PM

And the winner of PRICE IS RIGHT contest is...

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