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by Christina Ethridge 2 Comments

How To Convert Real Estate Prospects: The Insider’s Secret You Must Know

Formerly Titled: Real Estate Agents!  Give the Invisibility Cloak back to Harry Potter.  Now!!

LNL Blog Post How To Convert Real Estate Prospects The Insider’s Secret You Must Know

The Invisibility Cloak can only be “used well” by an 11 year old Hogwarts student.  You, my friend, are not an 11 year old Hogwarts student.  You are a Real Estate Agent.

The question is . . . Which type of Real Estate Agent are you?

There are two types of Real Estate Agents.

One type of Real Estate Agent is a fan of cold calling, door knocking, direct mail, email drip campaigns, constantly contacting anyone and everyone.  They don’t care about annoying people.  They don’t care if they are bothering people.  They are sometimes likened with used car salesmen.

The other type of Real Estate Agent, isn’t. They can’t stand the idea of “in your face sales” or the idea of being likened to a “used car salesman”.  They prefer that people like them and willingly come to them without being bothered by constant marketing or prospecting.

Which one of these two types are you?

Which one of these two types gets the most business?

Must it be an all or nothing deal???

Here’s the REAL deal….

You absolutely, positively, must get over your fear of people potentially not liking you.  You must get over your preconceived idea of what you like or don’t like when it comes to being marketed or sold to.  Absolutely.  What you personally like or dislike is irrelevant.   Totally.

 

I mailed to my farm every 10 days until they screamed at me to go away.  If people are not complaining and not talking about you, if you are not IN THEIR FACE, you are doing it wrong.  ~Mark Spain

Repetition is the absolute KEY to ANY type of successful sales.

Truly.

I’m not lying to you.

Couple that with… Most Real Estate Agents think doing something twice is “repetition”.

Nope.  It’s not.

Repetition is constant.  Repetition is unceasing.  Repetition borders on annoying.  Repetition is often.  Repetition never stops (ok, that’s a repeat – see! I’m using repetition).

Any real record person knows that the number one most powerful marketing tool when it comes to music is repetition.  ~Nile Rodgers

You must always be present.  If you can’t always be present, you must have something that keeps you present in your prospects and clients minds.

A prospect that “sees” you today (whether that be in person, on Facebook, in an email, on a postcard) won’t remember you two days from now, or even tomorrow.

A prospect that “sees” you 2-3 times in a row will start to remember you for a day or two, or even three.  Until you’ve let a few days lapse in between “seeing” them, then their memory fades quickly.

A prospect that “sees” you 6-8 times in a row will start to remember you in their longer term memory.  That is, until you’ve let a few weeks laps in between “seeing” them, then their memory fades…

To become solidified in a prospects mind you must must must get in front of them a minimum of 6-8 times within an initial 2-3 week period.  Must.

To continue to STAY in a prospects mind, you must STAY in front of them on at least a bi-weekly basis.  At minimum.

This changes depending upon the way your prospects “see” you.

How are your prospects “seeing” you now?  Are they a “fan” of your Facebook Page that you are sharing valuable content on at least once a day?  Are they on an email drip campaign so they “see” you via email at least once or twice a week?  Are they receiving a post card, gift card or newsletter via snail mail from you at least once or twice a month?  Are they hearing your voice at least once a quarter?  Are they seeing you IRL (in real life) at least once or twice a year?

 

Christina Ethridge is the founder of LeadsAndLeverage.com, helping real estate agents capture, convert and close Facebook leads.

Filed Under: Lead Generation Tagged With: Done, real estate lead generation, real estate marketing

by Christina Ethridge 4 Comments

Real Estate Agents – Don’t “Market Your Brand”…. Generate Leads Instead!

Let’s get real estate agents riled up.  I see these comments EVERYWHERE… Let’s get everyone focused back on branding, just when we were beginning to get people focused actual lead generation…

… Marketing is Changing. Direct Mail has very low impact today. Email marketing is dying…

 

…perhaps it isn’t just direct mail that is becoming obsolete. Perhaps both marketing and prospecting as we know it are changing. Drip emails are marked as spam… Traditional mailers hit the recycling bin, the message is lost and are perhaps an expensive waste of time.

 

…It’s all about … branding. All about people connecting and wanting to be a part of that brand. All about being the resource they find when they look for someone to help them buy and sell real estate…

 

I LOVE it when “real estate marketing experts” come along and perpetuate that “everything is changing” that “old doesn’t work” that you must “change with the times”…

Know why?

Because it means that everyone is going to be chasing the new fangled “shiny object”.  Seriously.  Everyone.  Except…. there will be a few that know that the “new shiny object” will phase out over time.  If the shiny object doesn’t phase out, it still won’t make everything obsolete.

In the real estate industry (especially), there seems to be this idea that branding is essential, that it is the core to lead generation.  That the most successful real estate agents brand themselves, which is why they get so many prospects, which is why they close so many transactions.

This is one, big, fat, fallacy.

Button Hook Pend Oreille
One of our favorite swimming places.
We didn’t find it through “branding” and
we don’t return to it because of branding.

Let me put it this way…  The consumer, aka the buyer or seller, doesn’t give a rats patootie who their agent is.  Every single statistical piece of evidence points to this fact.  Most consumers use the first agent they contact.  Most consumers don’t reuse their previous agent.  Most consumers think about the “big” company name, not the agent or team name, with the exception being in the middle of their transaction (and even then, some don’t remember the name of their agent).

If it was about branding – the consumer would be loyal, they would be asking for a specific real estate agent or real estate team.  If it was about branding, all one would need to do would be to plaster their face or their brand everywhere and they’d have a burgeoning business and, there would only be 2-3 top agents, dominating 99% of all business.  Yet, have you seen agents faces all over (on shopping carts, on bill boards, even hearing them on the radio) and then you can’t remember who is doing that kind of advertising even a day later?

See, the so called “experts” at real estate marketing try to follow the “branding” philosophy.  Some even have a decent business because of it.  We see them everywhere, we hear about them everywhere…  And yet, there are some very very silent but huge business owners out there – whom people have heard of peripherally and yet, their businesses are huge.  Bigger than most people can imagine.

What is the difference?

The biggest difference is that “out loud” but “ok businesses” are branding themselves.  The “silent” but “huge businesses” are focusing on lead generating.  They don’t care if they sponsor a local team or get their logo out there to create recognizability.  They care about having a CTA (Call To Action) in the right place, at the right time, to capture a lead when that lead shows interest in buying or selling real estate.  A compelling call to action requires absolutely zero branding.  Zero.  It only requires timing.

To bring in leads – it’s all about real estate lead generation NOT branding.  Really.  Truly.

You’ve got to be in the right place, at the right time, and have a way to capture the consumer in the moment they are seeking your knowledge.  You can stick your “brand” anywhere you want.  If you do not have an engaging, attractive, compelling call to action, that branding isn’t going to do you one stinkin’ bit of good.  Oh sure, people will remember you as the sports team sponsor, at least for the hour or two the games are being played, however, think about it…  with the best commercials, the ones you remember, how many of them do you actually remember what the commercial was for?

Lead generation is about lead capture, not branding.

Repeat and referral business is about how you make your clients and customers feel.  If you want to “brand” yourself, don’t do “brand marketing”.  Instead, allow your clients and customers to “experience” your “brand”.  What is your “experience”?  What does a client or customer experience when they use your services vs. when they use someone else’s experience?

We love the memory we have of how that brand made us feel once. We love that it reminds us of our mom, or growing up, or our first kiss. We support a charity or a soccer team or a perfume because it gives us a chance to love something about ourselves.  From: The brand is a story.  But it’s a story about you, not the brand.

Lead conversion is about influence and convincing, not branding.  It doesn’t matter how many times you flash your logo all over the place.  It does matter how often you give the consumer what they want as it pertains directly to what they get from you.  Sponsoring a soccer team won’t give you kudos’ with someone, but expertly answering their questions, before they even ask them, will.  Anticipating needs and then fulfilling them, that will influence and convince someone to use your services.

Even with a wonderful, client focused experienced, do you think “branding” is going to get them to refer people to you?  Maybe initially, while they are still in the euphoria of their experience.  However, as time progresses, it’s going to take constant cultivation to get them to remember you.  You don’t provide a product they can pick up at the grocery store every day.

You MUST focus on real estate lead generation and lead cultivation.  The real estate experience you provide should be your brand.  You should not be focusing on “brand marketing”.

Christina Ethridge is the founder of LeadsAndLeverage.com, helping real estate agents capture, convert and close Facebook leads.

Filed Under: Lead Generation Tagged With: Done, real estate lead generation, real estate marketing

by Christina Ethridge 13 Comments

Here’s Why Your Online Business Is Going To Another Real Estate Agent

Here’s the obvious questions:

If there is money to be made having your own blog, why aren’t more real estate agents flocking there and building blogs?

And thusly, why do so many real estate agents start blogs, but then never post more than once or twice and ultimately abandon their blogs with the idea that they don’t work to generate prospects?

Here’s the deal.

Selling Real estate isn’t about blogs and you shouldn’t have to make it so.

Without a blog, you can kiss a massive online real estate business goodbye.

Although this sounds contradictory, think about it . . .

Cave Bay Lake Coeur d'Alene
This is a common view in our area – A view we thoroughly enjoyed selling.

When you got into real estate what did you expect to do? Sell houses or write essays?  Help Buyers and Sellers at the closing table or monitor your blog comments to keep the spam out?

Why did you get into real estate? Was it because you absolutely love technology and wanted to spend time on it (writing engaging blog posts, making sure your Facebook business page is updated multiple times a day), or because you love helping people change their lives?

Your online real estate business is going to another real estate agent who has mastered how to create consistent content on their blog that therein consistently generates leads for them which, if they are good at conversion, consistently generates sales for them.

There are “blog purists” that think that no one can create blog content (posts) for someone else. That the individual real estate agent must be “the voice” of the blog so that the consumer gets a feel for who they are and how they work.

Interesting. Said purists most often have very little real estate business closings and quite a ton of real estate blog posts OR, they aren’t even in the house selling/real estate team building business, they are in the “make money from real estate agents by producing shiny objects business”. Said purists are excellent at writing blogs and getting their voice out there, but stink at writing blogs that actually generate leads for their business.

Said purists seem to put blinders on when it comes to real estate agents who run real estate teams as their business. The “head of the team” absolutely must be “the voice” of the blog. Hum. How does that let the consumer get to know the agent they’ll actually be working with, you know, the buyer agent or the listing agent – another member of the team who is not “the voice” of the blog?

Sailboat on Lake Coeur d'Alene
It’s not hard to “sell a lifestyle” in an area like Coeur d’Alene.

How does the purist respond when confronted with the reality that businesses all over the world, who are highly successful online, either have an in-house content team or, they outsource to find a content team to manage their content for them? The response I always hear is “Real Estate is a relationship business, it’s not like any other business”. Guys, this is an EXCUSE. Truly. Real Estate is about as relationship NECESSARY as Doctors, Lawyers, Painters, Mechanics…. The reality that real estate agents do not want to face is that well over 80% of buyers and sellers choose to do business with the very first Real Estate Agent they meet, once they’ve decided to buy or sell! That means YOU MUST BE THERE WHEN THEY DECIDE TO BUY OR SELL, whether that is in their mail box, on their radio station, in their Facebook newsfeed or in Google when they search the web.

Frankly – ignore purists. Focus on what you want. A blog that generates business for you. If you want a blog that generates business for you, you absolutely must have consistent content. If you are selling homes, how on earth do you have time to create consistent content?

That’s when you need a professional. You need a team that understands real estate, understands online lead generation and is a resource focused on online content that helps build your business.

We are that team.

Christina Ethridge is the founder of LeadsAndLeverage.com, helping real estate agents capture, convert and close Facebook leads.

 

Filed Under: Blogging Tagged With: Done, real estate lead generation, real estate marketing

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