WELCOME TO- “REA LIVE” 22 LEAD GENERATION STRATEGIES “ECONOMIC REPORT”- REALTOR.COM Real Estate sales equals 19.5% of the state’s gross product $11,817 is generated for the economy with each transaction The average Realtor makes approximately $40,000 YOUR JOB IS? Get work Do work Manage work If your not working, it doesn’t work! E-MYTH 3 Parts to a Success Business 1) The Entrepreneur 2) The Technician 3) The Manager As Realtors, you own your own business MY DISCOVERY The Entrepreneur Get work The Technician Do work The Manager Manage Work IT ALL START’S- “GET WORK” Don’t wait for the phone to ring…go on the offense! Best way to go on the offense is… Lead Generation & Prospecting 22 LEAD GENERATION STRATEGIES I’ve been training and personally coaching real estate agents since 2002, today I will share 22 lead generation strategies that get results. #1 DOOR KNOCKING One of the quickest ways to meet potential clients FSBO, Expired Listing, Lis Pendens & Farm Knock on 1 door a day 5 days a week Make a new best friend Have a leave behind piece with you Ask for permission to follow up #2 FSBO’S Low hanging fruit Buy lists of FSBOS Make the calls or knock on the doors Use the scripts we provide Set up a face to face meeting Make a new best friend Find out timing and motivation Ask for permission to follow up #3 EXPIRED LISTINGS Buy lists of Expireds Make the calls or door knock Use the scripts we provide Set up a face to face meeting Make a new best friend You must be consistent Call, Door knocking & Mail outs Be timely #4 LIS PENDENS Buy lists of Lis Pendens Download list from MLS Make the calls or door knock Set up a face to face meeting Make a new best friend Be understanding Offer to help, find out more Know your facts BUY QUALITY LEADS WHY DO I NEED TO BUY LEADS? HOW LONG DOES IT TAKE? If your researching your own leads your wasting time! Spend your time doing highly productive activities INTERVIEW WITH DARREN HARDY Negotiate a contracts Go on Listing Appointments Prospecting THE REDX 110 FSBO Leads in One Month 33 Expired Listings in 4 days NUMBER’S DON’T LIE REDX produces a minimum of 100 leads a month That’s 1,200 leads per year The FSBO & Expired membership $89 Basically trading $1,068.00 a year for 1,200 leads 1- $200K listing sold will bring in a $6K commission Over 50% of FSBO will list in 4 to 6 weeks In 4 to 6 weeks your leads are ripe Within 30 to 60 days working this strategy your busy LAST WEEK- CALL RESULTS Last Week 10 Listing Opportunities in 90 Minutes Tues.11am Tues. 1pm Tues. 3pm Wed. 1pm Wed. 3pm Wed. 6pm Thu. 3pm Thu. 5pm 8 Apts. 2 Apts. 10 Apts. $429K $125K $289K $279K $309K $229K $359K $229K $1,979,000 $450,000 $2,429,000 25 Calls 10 No Answers 3 Follow Ups 10 Listing Opportunities 2 Were Listed (Monday- 1 hour) (Tuesday- 30 min) (90 Minutes) #5 NETWORKING Get involved with a referral or networking group #6 OPEN HOUSES 1) Find a home in a sought after area 2) Price range that pays 3) Promote Open House 4) Invite a local mortgage broker 5) Bring sandwiches & surveys Bonus Tip: Call a FSBO and offer to hold their house open & Do their follow up #7 BUSINESS CARDS 10 meaningful real estate conversations a day Exchange cards Find out what they do for a living Ask if they have a real estate need If they know anybody Ask for permission to follow up #8 SEND OUT POSTCARDS Postcard Campaigns- 5 Tips for Success 1) 2) 3) 4) 5) Keep Postcards clean Have a powerful message Humor Works Mail out consistently Link to video- QR Code #9 EMAIL MARKETING Email Marketing to your Database (Sphere) What do you send? Something of value 1) 2) 3) 4) 5) Educational Funny Motivational Coupon Trivia Question or Game #10 B2B MARKETING Business to Business Marketing 1) 2) 3) 4) 5) Connect with local business owners Offer to help promote their business Get discounts on services Promote discounts Ask B2B partners for referrals MANY WAYS TO MARKET 11)Video Marketing 12)Webinars (FSBO’S or First Time Homebuyers) 13)Brochure Boxes in Public Places 14)Website FREE REPORTS 15)Google Pay Per Click 16)Social Media- Facebook, Twitter & LinkedIn 17)Print Media- Newspaper, Magazine's, Newsletters 18)New and Improved Virtual Tours (Filmhouse) 19)Neighborhood Facebook Site 20)REO’S 21)Cash Investors 22)Menu for Service A-LA-CARTE “Menu for Services” $99.00 $150.00 $1650.00 Benefits of a “Menu for Services” Always gives you a chance Get signs up in a hurry It can be now money It’s a great way, to build relationships Gain market share Get buyer calls Get other listings in the neighborhood Build up your stats QUESTION? (FILL OUT TABLE ON WORKSHEET FOR 2013) How marketing campaigns do you currently run? 1) Door Knock 2) Call FSBOS 3) Call Expireds 4) Call Lis Pendens 5) Belong to a networking group 6) Do open houses 7) Pass Out 10 business cards a day 8) Postcard campaigns 9) Email marketing 10)B2B marketing MORE WAYS TO MARKET 11)Video Marketing 12)Webinars (FSBO’S or First Time Homebuyers) 13)Brochure Boxes in Public Places 14)Website FREE REPORTS 15)Google Pay Per Click 16)Social Media- Facebook, Twitter & LinkedIn 17)Print Media- Newspaper, Magazine's, Newsletters 18)New and Improved Virtual Tours 19)Neighborhood Facebook Site 20)REO’S 21)Cash Investors 22)Menu for Services IMPLEMENT SYSTEMS Run campaigns for at least 3 to 6 months consistently FINAL THOUGHT CONTACT INFO 1-800-385-3444 info@realestateacademi.com