Real Estate is a Contact Sport

By
Real Estate Agent with Keller Williams Realty

Sphere of Influence, Center of Influence, past clients, people that I could not help and referred to another colleaugue....these are all sources of business that I usually only reach out to when I am am out of other people to contact in my daily business development (lead generation) activities. I had a conversation with a close friend, a banker, and he related this: "Remember how we were talking about the importance of seeing your existing customers and COIs to get more deals? Today I had that coffee with a customer and got a solid new $1.4 mil deal and this afternoon I spent some time with a COI and got two potential deals $500M and $1.5MM. None of this stuff would have happened if I didn't meet up with them (not called/emailed) and sought out the business"   The moral of the story is I have to CONTACT people.  REAL ESTATE IS A CONTACT SPORT!

At the end of my 1st year in real estate, I was having coffee with a friend, not a close friend, a medium friend. He said, "I just closed on a house in blah blah neighborhood."  I am looking at him like he confessed to a crime..he says...."OMG i forgot you are an agent."  I had called him when I got my license and then, when he did not jump up and down and seem as excited about my license as I was, I stopped contacting him. This was all my fault for not keeping in better contact with him.  Make no mistake....NOW when he thinks about real estate he now think JACK BARRY. I call him, I wish him happy birthday on Twitter. I send $5 starbucks giftcards via FACEBOOK, I email him the monthly foreclosure lists for the city.  He gets it now and it was my job to do that. 

There are many systems to make the right contacts without seeming like you are constantly "knocking on their door" for business. Remember the 3-7-27 Law of Prospecting says that in order to truly become top of mind for clients it takes THREE contacts for them to recognize your name, SEVEN contacts for them to put your name with your business and TWENTY SEVEN to truly become a brand name. My job is to make people I meet champions of my business.  I want them to send me business. CONTACT PEOPLE.

 

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Rainmaker
856,247
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I am afraid I understand that has happened to me also in the past.

Feb 04, 2014 11:31 PM #1
Rainmaker
359,877
Erick Blackwelder
Cell: 703-677-1120 - Woodbridge, VA
Text or call Erick now at 703-677-1120.

My resolution for 2014 is to make at least 5 calls each day to past customers and FORD them:

Family
Occupation
Recreation 
Dreams

The best source of business is people who already know me, know how I work, and know that I will give their referrals a world class experience.

Erick Blackwelder
Text Or Call 703-677-1120
Washington DC Suburbs
Equal Housing Opportunity

Feb 04, 2014 11:46 PM #2
Rainmaker
94,295
Dan Mincher, CCIM
The Vollman Company, Inc. - Sacramento, CA
Sacramento Commercial Real Estate

Contacting past clients, referrals, and the rest is a very productive source of leads and one of the easiest prospecting calls to make.  Hech, you already know them!  This iequally true with cold calls; real estate is contact sport.  Good post.

Feb 05, 2014 12:40 AM #3
Rainer
106,853
Rob Marken
Bend River Realty - Bend, OR
25+ years experience in Bend

It is so important to keep in contact with your sphere and past clients. We just started touching base with past clients again and it is amazing how many of them are looking to buy or sell again.  We have been keeping up contact by sending them e-mails, phones calls, letters (hand writen of course) to keep in touch.  So far it seems to be paying off. 

Feb 05, 2014 12:51 AM #4
Rainmaker
5,680,514
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I was looking for your current blogs. I hope all is going well for you.

Happy New Year!

Jan 02, 2015 10:45 PM #5
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Rainer
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Jack Barry

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