Every now
and then a real estate boom hits and new agents enter the business by the
dozens - all excited about the big money to be made just by "being
there."
Then the boom ends and those agents are faced with reality; If you want to make a living in you have to work hard at all details of listing, showing, and closing sales in addition to marketing.
Then the boom ends and those agents are faced with reality; If you want to make a living in you have to work hard at all details of listing, showing, and closing sales in addition to marketing.
Before you
market your listings, you must market yourself to homeowners first. And with
about one million realtors working in the United States, you have to think of a
way to make yourself stand out from the crowd.
First you
need to look at your own business and see what you do that's better than your competitors.
It could be specialized knowledge in a certain niche, it could be extra service
or even a fanatic dedication to returning calls promptly. But it has to be
something. If you choose a niche, be sure it is a certain kind of property, and
not a certain kind of person.
Then you
need to seek out ways to get your message to your potential customers. I
recommend choosing a "farm area" and using direct mail. Just be very
careful to write a professional, "you-directed" letter. Tell them how
you'll help solve their problems; don't ask them to solve yours.
Of course
you need to hand out business cards at every opportunity - even if you have to
create the opportunities. Talk to people and be willing to give free advice
when asked. Make friends with everyone. Be creative, keep your eyes open, and
market at every opportunity.
Marketing
to buyers is more difficult, because you don't know who they will be. The good
news is; most home buyers search first on the internet. That gives you the
opportunity to market yourself and your listings at the same time. Just be sure
to create a strong presence, because not appearing in the first page of search
engine results simply means you are not present.
Marketing
your listings is another two-part process. First you have to determine the
words to use, and then decide where to put them.
Where to
put them is the easy part. The internet is the obvious first choice, but you also
have local magazines, perhaps the newspapers, and direct mail to clients who
might be interested. E-mail also offers a good opportunity to reach a large
number of people at no cost.
The words
are a little more tricky. Writing an ad that sounds just like every other ad won't
bring you buyers excited to see your listing.
When ads
were financially restricted to just a few words it became impossible to write
good descriptions. But now, the internet allows unlimited words, so there's no
excuse for boring ad copy. Your real estate marketing can once again be
creative, descriptive, and exciting. Your flyers also allow space for your
creative efforts, make sure to use it.
Stay away
from features and bring back benefits. I don't think anyone has outlawed the
word "enjoy" yet, so you can tell buyers that they'll enjoy the breeze,
or the view from the deck, or the flickering fire in that massive rock
fireplace. In other words, you can tell them there's a view; you just can't
suggest that they can see it.
Make them "feel" how fantastic it will be when they
live in that house.
In return, you'll get faster closings, happier
sellers, a better and better reputation, and more money in your pocket.
No comments:
Post a Comment