Wednesday, April 26, 2017

How You Can Beat the Odds

By Real Estate Speaker and Trainer Todd Robertson

There are many factors that lead to success in this business, and of course, many that can stop an agent in their tracks. This week, we wanted to share some of the biggest factors agents face when trying to dominate in a geographic farm, and what they can do differently than their competitors to come out on top.

1. Fear and Uncertainty. In today’s world, fear is unfortunately an all too common and powerful headline that garners attention thanks to mass media. HOWEVER, in the real world of listing and selling real estate, consumers don’t want fear and they don’t want uncertainty. They want and need an agent who comes from a place of 100% clarity and certainty. They want an agent who is respectful, responsible, competent and CONFIDENT. They need to know that the person handling this big transaction in their life has everything it takes to ensure their best interests are cared for. Be that agent for them by ensuring that you have the right tools, systems, training and marketing plan in place.

2. Money. The old adage is true, it takes money to make money and marketing effectively costs money.nov-dom
Consistently. And that’s not something everyone is ready, willing, or able to sign on for. However, to brand yourself as the turn to agent in your geographic farm, there’s really no way to get around spending marketing dollars. Fortunately, you can spend smarter by using systems that are designed to capture market share while utilizing budget-saving tools such as Every Door Direct Mail. Our Market Dominator System does just that – and it allows you to send the very largest possible marketing piece acceptable for EDDM – 12×15, and puts you literally in every door in the geo farm of your choice for just $1 each. That’s smart marketing.

3. Impatience. One thing that seems to stop many agents from developing a successful farm is their inability to hang in there for the duration. When they don’t get instant results from their marketing, they give up. I get it. I walked in those shoes as an agent as well. But one and done mailings or marketing is never ever going to result in establishing a dominant position as a competitor. What does that? Consistency. Repetition. Showing up month after month after month. That’s the winning formula.nov-dom-2

4. Becoming a “Victim”. You know the drill. The ones who get sucked into the market doom and gloom around the office coffee pot and buy into other agents’ ideas of why your marketing or theirs just “doesn’t work”. Stop. Stay in your own lane in terms of mindset. There will always, always, always be people who want to drag you down, tell you that you can’t accomplish something, or root you in negativity. It’s up to YOU to stay focused on your WINNING formula of skill building, market-savvy tools and systems, and consistent, repetitive follow up and let others worry about their own track to success.

5. Not Having a Campaign. What’s the old Ben Franklin saying? “Fail to plan and you’re planning to fail?” It’s true. Without a viable marketing campaign plan in place, you have no way to gain traction in a market area. That’s why our Dominator Members commit to sending their 12×15 Market Dominators every month for two years – because they know that’s what it takes to truly own a market. To become THE brand in a geographic farm. They also know that if left to their own devices, most agents would have a tough time consistently researching, creating, and producing a powerful, direct-response marketing piece all on their own every single month. So they work smarter, not harder, and tap into a system like the Market Dominator where it’s all done for them.

6. Bogged Down in Busywork. Top agents know the highest and best use of their time is prospecting, presenting, and closing – not all the minutiae of busy work that can easily, and effectively be delegated to a virtual assistant or admin. It’s easy to be super busy being busy and not making any money. I know, it’s less intimidating to spend a day trying to design your own postcard than it is to pick up the phone and call until you get a listing appointment – but which one will get closer to those goals you just set faster? Delegate. Use systems. Use pre-designed, time-tested tools that are done for you. And yes – pick up the phone!

Give yourself your best shot at developing a geographic farm. Lean into a powerful mindset of certainty and confidence and put a strong campaign that works in place so that you can effectively brand yourself in that farm as the agent to call. If you need help with that, I’m happy to share some additional strategies. Email me, and let’s talk.

Need help? Contact our marketing team at 866.405.3638. They’re super knowledgeable, and ready to help get your geo farming and all your marketing on track to help make this your best year ever!   

Webinar button on keyboard with soft focus

We had a great webinar last week where Todd Robertson shared some terrific strategies, ideas, and tools for owning more market share, hitting every goal you ever set, and finishing the year strong.  We wanted to share it on demand for all of you who did not have an opportunity to join us!

Need help? To learn more about how we can help you fuel your business, streamline your systems and take your career to the next level, call our marketing team today at 866.405.3638 or visit our website www.prospectsplus.com.

Staying Ahead of Your Competition

By Julie Escobar

The weather and the market are both HOT and agents are asking us for strategies and how to’s for august dominatordominating in a geographic farm.  To answer that – we turned to Todd Robertson for some tips and ideas that are working for Market Dominator Members across the nation.

Q:  Hey Todd, a lot of our readers don’t want to wait for the fall market to work on their competitive edge – do you have some ideas for them?

A:  Sure – the year is already more than half over and a lot of agents are looking at the calendar and thinking, “No way am I going to hit my goals.”  That’s a little intimidating, right? For some, it’s enough to make them already start to shut down.  Don’t.  Instead, realize it’s time to dig in. To put a source of accountability into your career – your weekly routine and create a game plan. You know, we’re really glad that we can be a source for agents. The Master Marketing ScheduleTM that you’ve created is a powerful tool to help agents stay on track and put some consistency into their marketing.  It takes the “what do I do?” out, which is a big stress for a lot of agents.  First step I would say, is to start there, and develop a game plan that will allow you to connect CONSISTENTLY, with your Sphere of Influence, a Geographic Farm, and a niche market. If you can work a campaign for each of those marketing segments without fail, month after month, your results will grow exponentially.

Q:  I agree!  We share a lot of strategies about staying consistent.  How often should agents connect withdominator back listing their sphere, farm, and niche?

A:  At least monthly. Those ‘touch’ points are so important in terms of staying top of mind and creating brand awareness.  Send something every month to all three, and not necessarily the same thing.  For your sphere, many agents choose a postcard campaign such as a holiday series (not just at Thanksgiving and Christmas!), recipe cards, content cards, inspirational postcards, or a newsletter each month.  For their geo farms they send our Market Dominator, or Listing Inventory, or the Free Offer/Neighborhood Specialist cards – all are popular.  For a niche, they are specific to that group – for example: Expireds, FSBOs, First Time Home Buyers, Investors, etc. Top agents are also diligent about sending out Just Listed/Just Sold postcards with every listing and sale they have. Without exception. Why? They spotlight you as the agent that can generate RESULTS – and they showcase the properties you are marketing. That’s a powerful combo. Then they do that thing that agents desperately steer clear of but shouldn’t if they want to fire up their career on all levels – they FOLLOW UP.

Q:  There’s the sticking point, right?  The old getting on the phone or walking the farm and knocking on doors part that stops agents in their tracks. Any suggestions?

A:  Yes, the first step we just talked about – putting a campaign in place that touches your customers and prospects every month. That makes it way less intimidating when you call them. Why? Because you have a reason to touch base with them.  It doesn’t have to be a “SALES call”, it is a follow up call – or visit if you are walking a farm.  “Hey there, Todd Robertson here, from Success Realty, just wanted to touch base.  We’ve got a LOT of changes in the market, and I just wanted to see if you had any questions.”  (Yes or no, doesn’t matter really, you’re just touching base, asking questions.) Or you can do a combination of touching base and letting them know that you have a big goal to hit.  “Hey there, Todd Robertson, Success Realty, how are you?  You may have seen me in the neighborhood and I hope you’re receiving my mailings.  I just wanted to touch base, see if you had any questions about our market or what homes are selling for right now?  By the way, I am committed to helping as many clients as I can take advantage of this market.  Who do you know who might be interested in buying or selling in the next 90 days? Maybe someone from work? Or your kids’ sport team?  Or church?  If you think of someone, I sure hope you’ll remember my name and pass it along. Thanks so much.”

This month we shared a great listing strategy one of our Dominator members uses — and that’s to take the extra 20 Market Dominators that he gets each month and bring them with him when he is walking his farm or going on listing appointments.  He lets people know that he is the only one in that market that is willing to consistently show up in a big way (12×15!) each month and that when they list with him – he will dedicate an entire 1/3rd panel of his Dominator to market that listing until it sells.  That’s helped him close for the signature again and again. You may want to give that a try as well!

Here’s a quick video I did for our members on the topic:

Q:  Awesome — lastly, what about those agents who need the extra push or accountability? 

A:  For a lot of agents coaching is a good investment, but it can be out of the budget for many.  Instead, perhaps consider starting or joining a Mastermind group in your area.  Think and Grow Rich has an entire chapter on this topic that is still incredibly relevant and powerful today.  Participating in a group like this costs you zero – but your return will be extraordinary.  You’re involved with like-minded people, all with the goal of lifting each other up, cheering each other on, and holding each other accountable. That’s the missing link for many agents.  If there’s not one in your area that you want to join – start one.  Your career, customers, and bank balance will all be the better for it!

We’re hosting  a new webinar next week, Wednesday, Jul 27, 2016 2:00 PM – 3:00 PM EDT How to Own More Market Share & End the Year WIth 5 Extra Closings — we hope you’ll join us!

Click here to register. 

Thanks Todd.  Great stuff.  If you’d like to learn more about the kind of tools that we have to help keep YOU on track and ready for the fall market and beyond, head over to our Master Marketing ScheduleTM  or main site today.  If you’re interested in dominating a geographic farm and would like to speak with Todd about that directly, click here to learn more.  Our team is here to help you with all your marketing needs, call us today at 866-405-3638!

The word Webinar handwritten with white chalk on a blackboard

We had a great showing on our timely webinar last week — How to Pick the PERFECT Geographic Farm for Your Market.  It was filled with terrific tools and step-by-step strategies for choosing the best geographic farm based on turnover ratios, home price points, and homeowner to renter ratios.

We then shared some of the tools and strategies top producers across the country are using to effectively, and consistently market to their geographic farms to gain market share — and a steady stream of referrals and commissions.

We’ve got it for you on demand now!  Watch below!

Interested in finding out of if the ReboGateway tool for choosing farm areas is right for you? Call their support team today at 866-887-0206  or email them today to set up a one on one demonstration at sales@benutech.com.

Interested in finding out whether the Market Dominator System is available in your preferred carrier routes for exclusivity?  Call  Todd Robertson at 702 683-1867.

As always – if you have questions about any www.prospectsplus.com products or services – please contact us at 866-405-3638.

 

Six Powerful Reasons Direct Mail Should Be Part of Your Spring & Summer Marketing Plan

By Julie Escobar

One thing for sure is that our world has become more connected than ever because of ever-evolving technology, and that’s terrific.  We do live in a digital world certainly, but we also live in a world where people still appreciate personal touches, tangible visibility and human interaction. Done right, direct mail helps connect you to the customers and future customers in your market in much different way (and without any spam filters to fret about!)

In fact, according to a study done by the Direct Marketing Association,  56% of consumers think print marketing is the most trustworthy of all marketing channels. And here’s a stat that surprised me in the age of smartphones:  56% of consumers think print marketing is the most trustworthy of all marketing channels.

In an article put out by Sappi Fine Papers, “Print has more emotional pull for consumers than digital, according to scientists. A neuroscience study commissioned by the Interactive Advertising Bureau (IAB) and conducted by Millward Brown discovered that paper-based marketing—i.e., direct mail—leaves a ‘deeper footprint’ in the brain than digital—and that difference can even be pinpointed on functional MRI brain scans. The physical act of handling tangible material feels more “real” to the brain, the study claims. It produces brain responses that trigger emotional reactions, which get internalized in your memory. In other words, the printed piece itself becomes part of the subliminal messaging.”

Here are six reasons direct mail is both relevant AND results-producing!

  1. It’s targeted.  Advertising is one means of reaching out to consumers in your market, but it’s expensive Do it Yourself Real Estate postcardsand casts a wide, but not specific net. With direct mail you can match your marketing pieces specifically to your market or niche dramatically increasing your response rates. You can even now find the mailing lists for those you most want to market to by taking advantage of the specialty data selects from our friends over at Nielsen or look for our Lifestyle Interest data like the one suggested in this week’s Master Marketing Schedule for Do-It-Yourself fans. Head over to our Mailing List page to learn more about all the affordable list options available to you.
  2. It’s personal.  Direct mail is your canvas.  You can address your customer by name, share specific offers, communicate information that’s specific to your area, and begin to create a top-of-mind awareness and trust. All of our marketing tools are editable, from postcards, to newsletters, to SaveDownPayment_thumb (1)brochures — and you can be as creative as you like.  Offer fair trade offers such as Free Reports, lists of homes, a CMA and more – and lend your personality and voice to each piece.  Note:  review your edits carefully for spelling errors before moving to the next option!
  3. It’s flexible.  From postcards to flyers to letters to brochures, your direct mail options are extensive.  Add direct response offers and timely information and you again increase your response rates.  Some agents wisely choose a campaign with similar branding to send month after month or quarter after quarter that helps consumers develop a recognition of their brand more easily.  Others mix and match their marketing messages – preferring to keep consumers alert and eager to see “what they’ll send next!”
  4. It’s tangible. The truth is, as human beings we’re tactile people. Engaging different senses is just smart business.   If I get a message from a professional I touch via email for example, it registers in the moment – but not necessarily long term.  If I get a message that’s directed to me and offers something of importance to me and my family and I can feel it, touch it, put it on the refrigerator or tack it to my bulletin board, etc. – then that message has a much longer shelf life-right?  And a better chance of getting a response – not just once but again and again. 
  5. It’s measurable.  Direct mail is one of the few media channels that give you the ability to track your success.  Use a unique URL or make a specific offer on a direct response piece and keep tabs on how many people click or call on that offer.  Adjust future mailings based on that response rate.  I always recommend making a direct response offer on every piece of direct mail as opposed to just a generic, ‘here I am’ type mailing.  Give people valuable reasons to reach out to you and they will!
  6. It’s easy and cost-effective.  Direct mail doesn’t have to mean big bucks.   Now with Every Door Direct Mail costs are low and market saturation is high.  One of the things our customers appreciate most about our services in fact is that we do have the ability to provide short-run orders at extremely affordable rates unlike big mail houses which require you to order thousands at a time.  Not sure what pieces will work best with your budget?  Give us a call-our team is terrific about helping agents match their marketing to their market as well as their budgets!

Hope that gives you some insights into why direct mail is on so many agents to-do list this season! If you need help finding the right pieces for you at the right prices-we’ve got you covered.  Call our marketing team at 866.405.3638 or email us at pmc@prospectsplus.com to learn how we can get your production hopping this next quarter in a very budget friendly way!