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How to Manage Hundreds of Internet Buyer Leads

By
Services for Real Estate Pros with Marte Cliff Copywriting

Agents tell me that thanks to search functions, they have hundreds of internet buyer leads to manage. Their systems may be automatically sending those buyers information on new listings, but they feel that isn’t good enough. After all, if those buyers have been exploring several sites, it may be the same information other agents are sending.

You may be facing the same problem.

How can you stand out and be the one those Internet buyer leads call when they decide to take action?

When you have hundreds of Internet buyer leads, there aren’t enough hours in which internet buyer leads will turn into true buyers?the day to make a call or send a personal message to each of them every week – or even every month.

You do need time to tend to current clients, to keep all of your transactions running smoothly, to stay in touch with past clients and your sphere, and to follow up carefully with referral leads.

To make it tougher, you have no way of knowing which leads are serious, which are people who want to buy soon, which are just beginning to dream, and which are people who are merely curious about the market. Since you can't sort them, the best idea is to hang on to all of them until they become buyers or tell you they aren't interested.

The answer: Decide what you want to send, then automate.

stay in touch with all internet buyer leadsSince these are Internet buyer leads, you have their email addresses. Your system may enter them automatically or you may have to do it yourself. Either way, you have the opportunity to stay in contact and to make yourself stand out by sending them good information.

 

  • You can send market reports.
  • If you write a newsletter you can send that.
  • If you write informative blog posts, either about the industry or about your community, you can send short notes with links to those posts.
  • You can also send advice that is pre-loaded into your autoresponder and sent to each lead at the intervals you choose.

For that you have two good choices: You can write your own letters, or you can choose one, two, or three of the letter sets I wrote to help agents hang on to buyer leads.

The first set discusses the kinds of listings to choose from and the pros and cons of each.

You'll find more about this set at: The 6 types of real estate listings - the pros and cons - Copy By Marte

The second set is buyer advice for those who plan to buy a home soon. 

This set of 7 letters takes your readers step by step from becoming pre-approved to choosing the neighborhood and preparing lists that will guide you as you search for their perfect home, to getting ready for the day of viewing homes. 

The letters include:

Initial Response
1 – preapproval
2 – the neighborhood
3 – the lists
4 – time to go over the lists
5 – things to keep in mind
6 – last thoughts to consider

Learn more about this set at: Real estate letters to those who plan to buy a home soon - Copy By Marte

The third set came about because agents told me they needed more.

Some of those leads are just beginning to think about home ownership, so agents need to stay in touch longer.

To answer their concerns, I wrote the Nurturing Internet Buyer Leads letter set. It includes 12 letters, plus a short special report on buying a house under construction. Here’s a screen shot of the contents:

contents, nurturing internet buyer leads letters

Use letter #1 to reply immediately when they register to set up a home search on your website. Or – if you prefer, you can create a capture box and invite buyers to opt in for home buying tips.

Whether you write your own letters or choose one of these sets ...

...personalize the letters, upload them to an autoresponder, set it to send the letters out at the intervals you choose.  Then stop worrying because you aren’t managing to write individual letters to hundreds of leads. (Do remember to move people from your “prospects” list to a “clients” list once you’re working with them.)

Note that each of these sets can be used alone, so each has a "Letter #1" that lets your leads know to expect more from you.  If you intend to use both sets one after the other, you'll probably want to skip or change one of those.

How often should you contact Internet buyer leads?

Since every lead is an individual person, there is no right and wrong answer, but my guess is that weekly would keep you on their minds. If you set up a series of letters, you could schedule them ahead of time, then send “extras” when you have a market report or other news to share.

If you’re blogging regularly, you could alternate weekly between the letters and a round-up of links to your latest posts. Or you could send both each week, spaced a few days apart.

One thing is a near certainty: If you send those Internet buyer leads good information and stay in contact beyond the first month or so, you’re likely to be the only agent who does.

One last thing: Should you need more than one set, use the coupon codes:

2 letter sets: Use Wednesday for 15% off.save money with discount codes for real estate prospecting letters

3 letter sets: Use three for 20% off.

Chosen agent graphic courtesy of Stuart Miles @ freedigitalphotos.net
Email marketing image courtesy of fantasista at FreeDigitalPhotos.net
 

This post first appeared at How to Manage Hundreds of Internet Buyer Leads - Copy By Marte

Comments(16)

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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Definitely make sure your connection is good at all times or you have a back up generator for sure

Jun 30, 2024 10:16 PM
Marte Cliff

That's right, Laura.

Jul 06, 2024 07:24 AM
GilbertRealtor BillSalvatore
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information. Thanks for sharing and enjoy your week!

Bill Salvatore, Realtor- Arizona Elite Properties

Jul 01, 2024 04:21 AM
Marte Cliff

Thanks for reading Bill Salvatore - East Valley 

Jul 06, 2024 07:25 AM
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Thanks for sharing Marte!!!

 if those buyers have been exploring several sites, it may be the same information other agents are sending.

Jul 01, 2024 04:45 AM
Marte Cliff

Yes, Sham Reddy CRS, you need something that didn't come from "corporate."

Jul 06, 2024 07:25 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Marte. Sometimes to get the business started you need a little nudge and don't have time to do it all yourself. Time to rely on the proven content of others. And, you are a terrific source. Enjoy your day.

Jul 01, 2024 05:01 AM
Marte Cliff

Wayne Martin - and sometimes automation is a wonderful thing. 

Jul 06, 2024 07:26 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You have such great advice and people who are receiving a lot of leads should listen to your advice so that they will close on more of the leads they receive!

Jul 01, 2024 05:37 AM
Marte Cliff

Thanks Brian England.

Jul 06, 2024 07:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Good morning, Marte. As I don't buy leads I can't ever remember seeing hundreds of them coming to me. I try to respond as personally as I can to each as quickly as possible and have developed updated communication over the years making sure it doesn't sound canned.

Jul 01, 2024 05:47 AM
Marte Cliff

Nina Hollander, Broker - My guess is that you have systems in place for most things.

Jul 06, 2024 07:28 AM
Nina Hollander, Broker

Marte Cliff pretty much, Marte. The trick is to follow them!

Jul 06, 2024 10:21 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Marte,

You are a great source to help those with hundreds of leads coming in. Great advice in getting a handle on this form of business.

Jul 01, 2024 05:50 AM
Marte Cliff

Thanks Dorie Dillard Austin TX 

Jul 06, 2024 07:59 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Any agents who are looking for a way to communicate with lots of leads should take your advice!

Jul 01, 2024 06:28 AM
Marte Cliff

Thanks Kat Palmiotti 

Jul 06, 2024 08:00 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Associate Real Estate Broker

I cannot imagine getting hundreds of leads and all from potential buyers.   A good prospect will always get my attention and the rest could be regarded as spam.

Jul 01, 2024 06:43 AM
Marte Cliff

Ed Silva, 203-206-0754 - I think they have to be talking about people who have opted in to do a property search on their websites.

Jul 06, 2024 08:01 AM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

HI Marte- not everyone can write their own marketing material. In some instances, perhaps they shouldn't!   You are a wonderful resource because you've been an agent and you have excellent writing skills. 

Jul 01, 2024 04:51 PM
Marte Cliff

Thank you Kathy Streib - I appreciate that. 

Jul 06, 2024 08:01 AM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

To everyone - I'm sorry for the delay. Sometimes I forget that I posted and need to come back to respond to comments. I liked it back when we got an email telling us there was a comment. 

Jul 06, 2024 08:03 AM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

Speedy responses are expected in this age of instant gratification. My firm creates market reports and various mass emails that are available to every agent. From there agents are free to customize or even opt out before these are sent in bulk. We have 1 office, work in 1 market (with the occasional listing outside of city limits) - so all emails created by our marketing team across the entire firm are specific to our market. I have received lots of emails over the years from agents at large firms sending out generic home buying/selling guidance- advice that doesn't apply in my market- despite the fact that the agent only works the same market that I do. For example- Pre-approval...while this is a good thing to do- I don't place too much emphasis on this because qualifying to buy a co-op has higher standards/requirements than any bank would. Add to it that some pre-approvals will prove worthless in my market- since a lot of banks won't underwrite in many of our buildings. It's important that the agent address responses appropriate for their market- and surprisingly, many don't. 

Jul 07, 2024 10:06 AM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

Adam Feinberg - That's interesting. I had no idea that the standards to buy a co-op would be higher than a bank's. 

That could be because our small town doesn't even have condos or townhomes, let alone co-ops! 

From what I've read, practicing real estate in New York City is far different from being a Realtor in a small town in North Idaho!

I agree with you - everything you send out should be appropriate for your market.

Jul 14, 2024 03:18 PM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

Marte Cliff Yeah, practicing real estate is very different here. For buyer's looking to buy condo's- it's mostly a similar process to buying a condo anywhere else. Whether a bank will underwrite in a condo (due to the specifics of the building rather than the buyer) and the application process here is a lot more work than buying in most other areas of the nation...but aside from that it's close enough. That said- Condo's are only about 30% of the sales here.

Co-op's represent about 70% of our sales. Most co-op's will review a buyers career, their social media content, and financials. For example - Madonna was famously rejected to buy a co-op because the co-op board didn't want all the paparazzi in front of the building. 

Most co-op's will want to see a max Debt to Income of 28%- many even lower- while a bank might allow 30,35 or even up to 45% DTI. Co-op's typically require at least 20% down payment- with many requiring 25% or higher while a bank will often allow for much lower down payments. Also, most banks will lend if you have nothing or nearly nothing left in your bank account after the closing while the majority of co-op's will want to see at least 2 years of cash or cash equivalents covering the mortgage and monthly maintenance expenses after you pay for closing costs and the down payment. 

A deal I have in contract which is likely going to result in a board rejection this week is a client that is buying all cash, has a DTI of less than 7% and 9 1/2 years of post closing liquidity- but the board won't accept unless the buyers add a guarantor. My clients have felt like they already jumped through unreasonable hoops and refuse to comply with yet another requirement by the board- which should result in the board rejecting my buyers this week. I think the board is being unreasonable- but the board does have the ability to reject and not state why they are rejecting.

Jul 14, 2024 03:47 PM
Roy Kelley
Retired - Gaithersburg, MD

This is very good advice to share. 

I have experienced this challenging situation.

Aug 18, 2024 12:24 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
Southern Utah's Preferred Real Estate Agent.

Prompt resonse time is necessary to convert some of those leads, Marte. Fantastic information that agents can definitely use!

Aug 18, 2024 06:35 PM