Tuesday, April 24, 2018

Getting the Inside Scoop to See If EDDM is Right for YOU and Your Business

By Julie Escobar

Wow.  We’ve had a lot of calls recently about this powerful (and affordable) service now provided by the U.S. Postal Service.  It allows you to literally get in EVERY DOOR in a geographic area for as low as 18.3 cents in postage per piece.  But there are a LOT of questions out there – and a lot of folks unsure about which way to go in terms of getting their message in the right hands to help brand themselves in a market.  So I put on my fact-finding hat so that I could give you guys the inside skinny on some things you need to know about this service to determine if it is really right for you.

Fact #1:  According to direct marketing statistics, businesses which get the majority of their clients from within a 3 mile radius of their office are:  REALTORS®, mortgage brokers, insurance agents, dentists, chiropractors…(the list goes on – but did you catch that first one?) Love that!

Fact #2:   This is the most cost-effective means to deliver your message to an ENTIRE market area.  As a SATURATION mailing tool – you can literally send up to 5,000 pieces each day (to be delivered to EVERY SINGLE mailbox on your chosen carrier route) still pay no more than 18.3 cents in postage per piece.

Fact #3:  There is no postage permit necessary – only the required indicia which is fairly small needs to be placed on your mailing piece.  (We’ve got that for you- no worries!)

Fact #4 – You don’t need a mailing list.  This is a biggie!  One of the toughest components that agents find in building their book of business is developing their LIST.  While it IS one of the best practices you can ever do to build long-term referrals and keep your customers and clients calling YOU back for the duration of your career – it is a stumbling block for many.  So while you’re waiting to get your list together (go ahead and hire a broke college kid to start data entry today – they need the money and you need a database!) – the EDDM™ system is the perfect way to start branding yourself and discover NEW PROSPECTS to put into your sphere!

Fact #5:  You can send standard mail flats, irregular parcels, periodicals, and bound printed flats.  But – your
Dominator April 16mailing piece cannot be more than 15′ long, 12′ high and .75′ thick.

Fact #6:  The common mailing pieces for EDDM™ used by REALTORS® are newsletters, open house postcards, just listed postcards, just sold postcards, introduction/neighborhood specialist announcements or workshop invitations (first time home buying seminars, short sale seminars, workshops for seniors, renters. buy workshops, etc.)

Fact #7:  You can select whether or not you want your mailing delivered to P.O. Boxes and Farm mail routes!

Fact #8:  Your mailing will saturate every consumer within your carrier route AND  it can also include delivery to businesses.  However – you CANNOT just send to businesses.

Fact #9:  When choosing your carrier routes – remember to choose WISELY.  With this system – you must mail to EVERY home on the carrier route.  So it’s important to look at the market you want to saturate and budget accordingly.  If your route has 1,000 homes in it – then you’ll need to provide mailings for every home.  The average carrier route has about 250-500 homes in it.  When using the carrier route selection tool from USPS – we always recommend ‘de-selecting all’ first – when you get to that screen so it doesn’t pull up every route in your zip code (that can be a little intimidating!)  Then, based on YOUR budget, you can choose the carrier routes in your market with the number of homes you can comfortably afford to send to repeatedly.

Fact #10:  To piggyback on #9, while this is a much more affordable mailing option for most agents, contentremember this is still direct marketing.  So if you can only afford to (or care to) send a mailing ONCE to an area – then it will more than likely not glean you the results you are looking for.  Keep that 3-7-27 rule in mind.  It takes 3 impressions for someone to recognize your name, 7 impressions to put your name with your business and 27 to become a ‘top of mind’ brand name in someone’s head.  So better to mail to 300 people ten times for example than to send one mailing of 3,000 if you want to build that awareness and trust.

Fact #11:  You’ll need to include a form (PS Form 3587) with your mailing that identifies the carrier routes, number of homes in the route, etc.  It’s a government form so – while it’s a little mind-boggling – it’s not too bad!  (And with our service we’ll even fill it out for you so no worries!)

Fact #12:  Your mailers have to be bundled and banded in groups of 100 and include a “facing slip” on each bundle.  So that’s not a lot of fun – but again – we do that for you if you like.  Besides – you’ve got to think about those delivery folks!  Can you image if you gave them one giant stack?  Yikes!

Fact #13:  If your best target market is actually in other cities or states, you can use Priority Mail® to ship your Every Door Direct Mail mailings to the Post Office in that area.  How cool is that?  This is especially helpful if you are working with vacation properties or investors.

Fact #14:  You have OPTIONS.  Whether you’re an all-hands-on-deck kind of person and want to do everything yourself or whether you just want to choose your mailing piece, pick your routes and have the rest all done for you – we’ve got a solution that works for you, your market and your budget.  Learn more about how Every Door Direct Mail – just click here!

Fact #15:  You don’t have to do it BY YOURSELF.  The truth is, this is an exciting and affordable opportunity to saturate a market with your message but there are variables, budgets and geographic areas to consider.  Sometimes (all right – most of the time) it’s good to have another person to help walk you through the process.  Our EDDM specialists have the experience and knowledge to do just that – just give them a call at 866.405.3638.  They’re happy to help. 

Hope that helps!  Happy marketing!

What You Do Defines Your Course of Success

by Todd Robertson

There’s a saying that sticks in my head from my days training for Floyd Wickman. He used to say, “there’s dominator march
nothing special about special people – it’s what they DO that makes them special.”  How true. So many people go through the motions of working in and on their business – but stop short of taking the massive, pro-active action that it takes to get extraordinary results.  I just recently had a conversation with one of our Market Dominator customers who believes in taking action in big ways, and in turn, is getting big results.

First, a disclaimer. Of course we recognize that there are different markets out there, and different results for different agents depending on those markets as well as agent experience and skill level.  What we also recognize after more than 25 years in this industry is that two factors really stand out when agents are firing on all levels:  skills and motivation.  This week, I challenge your to rate yourself in both categories and see if there is room in either to raise the bar so that you can raise your results.

Our Dominator Member, Patrick, dug in and took massive action. He not only signed on for the two year campaign, but he’s sending 5,000 of the 12 x 15 Market Dominator pieces per month.  Most folks take one or two carrier routes, which average anywhere from 500-1000 homes.  Patrick is sending to 5,000 each and every month.  He recently shared that after just the first couple mailings he’s taken three listing calls and recently took one listing that he listed and sold before the sign went up, getting both sides of the transaction.  That’s extraordinary, but it also showcases how he’s working and raising the bar in those two areas — skill and motivation. To generate listings and sales the way he does he has to not only market effectively, but be able to execute on that marketing.  He has to be on the top of his game in three additional areas:  presentation, qualifying people, and pricing property right the first time.  And given his results, I’d say he’s crushing all three.

Analyze yourself, your skills and motivation from 1-10.  What’s your energy level?  Your enthusiasm?  Your willingness to prospect? (Most agents least favorite thing to do.) Your listing presentation?  Your ability to price it RIGHT not just tell the seller what they want to hear? How are your negotiation skills? What’s your follow up look like? Ask yourself if you are at a 1-4 on any of those levels — how do you get to a 10?

Here’s why:  action supersedes everything.  If you’re willing to take your game from a 1 or a 3 to a 10 in every area of your business – do you think it might bee worth 5, 10 or even 20 additional listings per year?  I can tell you from experience — it absolutely can.  We’re only in month two of the year.  Are YOU ready to take ACTION?

Need help? Contact our marketing team at 866.405.3638. They’re ready to help with all your marketing needs.  Interested in learning more about the Market Dominator?  Contact Todd Robertson today via call or text at 702-683-1967 

Close-up of fire and flames on a black background

And Take Your Results to the Next Level

By Julie Escobar

Busy week for interviews!  This time I sat down with speaker and trainer Todd Robertson to learn what he sees top producers and Market Dominator Members doing to skyrocket their results this fall.

Here’s what he shared:

Q:  We are seeing some of the Dominator members gain some traction in their geo farms lately because theyNov-DOM-Front are working smarter, not necessarily harder. Can you tell us what agents are doing that’s making an impact?

A:  I think there are two factors that are working in agents’ favor are first that the market is continuously improving all over the country. Inventory is low and for those agents that have been at it 3-6 months or more, the branding is kicking in and helping them create momentum.  Secondly, for those prospects who’ve been receiving that branded marketing month after month – especially the Dominator because of its sheer 12 x 15 size, if there’s even a chance that they are interested in selling or know someone who is, they know exactly who to call.  They can look at that level marketing and say, “Hey – if they market themselves this way – imagine what they can do for my home and my listing.”

Q:  Pricing properties right is STILL a big priority for agents.  Can you give a little dialogue that agents canNov-DOM-Backuse to ensure they get it right the first time?

A:  Yes, unfortunately too many agents are still eager to take an overpriced listing. The truth is that great agents show up with the truth and aren’t afraid to tell a seller, “I SELL homes, not just LIST them.  And I’m here to get you the best possible price and terms for your listing.  However 90% of the marketing we’re going to do to get your home sold starts right now by choosing the right price for your home.”  You have some great dialogues and strategies and even visuals in your eBook, 21 Ways to Get Your Listings Priced Right the First Time, I recommend it for any agent struggling with list price objections.

Q:  Well thanks so much for the testimonial!  It’s actually helped a lot of agents.  Todd, a lot of agents go into cruise control asNov-DOM-Free-Report the holidays approach – what is your advice for agents to stay positioned — and still have some balance?

A:  You know, it’s super easy for agent to kind of hide behind their computers and not prospect, and when the holidays approach it gives them even more reason and excuses to shut down. “I don’t want to bother people during the holidays.”  “I’m too busy with holiday stuff.”  “It’s the wrong time of year to prospect.”  The truth is none of those are really true, and great agents know it.  In fact, they make the most of this time by ramping up their marketing times ten to capture that lost market share left by agents who go into holiday hibernation.  If buyers are out during the holidays they are usually great to work with because they are serious, usually straight forward, and are more often than not super motivated to move quickly. When I’m talking to Dominator members I ask them to future pace themselves.  To see themselves 4-5 months from now as the agents holding all the listings because all those dormant agents will just be coming back to the game in January.  Their recourse is to do what?  Sell THEIR listings.  If you want that to be the same for YOU, do what the Dominator customers are doing – ramp up your marketing ten-fold.

Q:  Any quick advice for agents to earn an extra or two this month?

A:  Yes, see the last answer.  Pour on the marketing.  Go into overdrive. Make a plan to touch every person in your sphere of influence.  Go all out for your geographic farming. Knock on some doors. Be present in your community.  Seize every opportunity to connect with people.  Our Dominator customers are automatically sent 20 extra Dominators every month to use in their marketing. They also have a cache of free reports that they can use in their social media marketing, as resources at open houses, and as fair trade items to get new prospects to opt into their sites.  I suggest you do all that and take those extra Dominators to the local businesses in your market and share it with them.  Let them know who you are and what you’re doing there in those communities and then ask the magic question, “Who do you know who might be interested in buying or selling a home this month?”  It’s worth the ask!  Good luck!

Thanks so much Todd – we appreciate the insights!  If you want to learn more about what our Market Dominator customers are doing to stand out in their markets and ramp up their results, contact Todd today at 702-683-1967 or visit us online at www.prospectsplus.com!  

The Power of a Plan in Place

By Julie Escobar

There’s a lot to be said for having a plan in place and sticking to it.  Primarily, the peace of mind you have when you DON’T leave your marketing and business to chance.  Chasing the next commission and worrying about where the next check is coming from is stressful for you – and your family and one of the top reasons agents burn out and leave the business.  Instead re-visit that business plan, or build a new one if you have to so that you greet each new day, week – and year with that same focus we have at the year’s start with a brand new plan in place.

To help reconnect with what agents should be doing right now to make the most of the fall market and beyond, I got in step with real estate coach and Market Dominator Director Todd Robertson.  Here’s an sept dominatorexcerpt from our conversation:

Q:  Todd, what can agents do to ensure a successful fall season? 

A:  You know the top agents I’m talking to are telling me how grateful they are that they’ve had a consistent plan in place to reach their geographic farm and sphere for a while.  It makes a world of difference when you hit the hot markets.  It puts the pressure on the competition to play catch up and puts them in the lead.  That’s the power of positioning and planning.  We talk a lot with agents about putting the 3-7-27 law of branding to work for you. That is three contacts for someone to know your name, seven to put your name with your business, and twenty-seven to become a top-of-mind brand in their minds.  That top of mind awareness coupled with confident follow up is what will take agents to the top of their market. That’s what we know is working for our Dominator customers.  They are showing up month after month with a 12×15 marketing piece in the mailboxes of their farm area.  That’s five times larger than most competitors – and 100 times more effective obviously than the agents who are just dabbling at their business and not showing up at all.  When you show up at that level month after month two things happen:  your competition goes away, and the sellers and buyers in that area see you as a serious agent with marketing savvy.  The message you’re sending is, “I’m here.  I’m a resource. And I can market YOUR home effectively.”  That’s a message that gets noticed.

Q:  Awesome.  Todd – do you have some dialogue for those agents who are planning a door-knocking campaign this fall?

A:  Sure.  The first thing I’d say is be yourself.  There are a lot of speaker/trainers who will give you ‘dialogue’ – but if it’s not comfortable for you – then it won’t feel genuine to them, so first and foremost, be yourself.  Secondly, know why you are there – which is to plant the seeds for listings and sales.  Introduce yourself, tell them who you are and what company you represent.  Our Dominator customers even have a little fun with it and say things like, “I’m the guy that’s been sending that obnoxious 12×15 poster each month!”  Ask if they have any questions you can answer and plant the question of your own – “who do you know who might be interested in listing or selling in the next 90 days?”  Will you get them all?  No, will you make a great first impression? That’s up to you. Bring you’re A-game and be your best self.  That’s the best approach you can take.

Q:   Thanks Todd.  As a student of some of the best motivators in the business, you certainly speak a great deal about the power of mindset. What do you believe should be agents’ mindset going into the last four months of the year?

A:  Yes, one thing is certain – mindset really does equal market share.  Here’s what we know.  For those agents who are confident, competent, and ready for anything in terms of knowing their presentation perfectly, being prepared for any objection that comes their way, and have rock solid skills – keeping their mindset strong and positive is a whole lot easier. Why? Because they’ve already prepared.  You can wake them from their sleep at 2am and they could deliver their presentation flawlessly.  There’s not a situation or objection that can rattle them.  They are tuned in, tapped into their market in such a way that there aren’t a whole lot of surprises. And they have a marketing and business plan in place that is the track their business runs on.  Those things are fuel for the mind because when you have that all together, getting up and hitting it hard each day aren’t as challenging.  Plus they fuel their mindset with even more fire for success by reading great words from great minds in great business books. They tap into YouTube and watch empowering and skill-mastering videos.  They are a student of their industry and continuously learn and fine-tune their business practices.  That’s what it takes in this market, and there’s never been a better or easier time to build your momentum.

Q:  Awesome.  What are your Dominator customers finding works right now?

A:  Great question. Those that have had their system in place for a while are now in full-scale follow up mode.  They are walking their geographic farms, hosting aggressive open houses, and keeping their sphere in the loop by contact them with a call, or visit every 3-4 months. They are pulling out the stops – and will continue to as they advance their momentum and their market share. What I also find is that they are service minded.  One of the reasons they chose to use the Dominator is of course, the presentation – 12×15 is hard to overlook, right?  But they also tell me that they chose it because of the content it provides.  Real resource-based material that helps to answer the questions in the minds of today’s consumers.  People are hungry for information these days.  By providing that information and consistently delivering answers for the people in the communities they serve, these agents are effectively building the rapport and trust that it takes to earn the business of those folks in those communities. I am reminded of a Zig Ziglar quote, “Stop selling, start helping.”  Taking the role of consultant and resource is a powerful way to position yourself as the turn-to agent.

Great stuff Todd. Thanks for your insights this week.  If you’re interested in learning more about Market Dominator, watch this video, and feel free to contact Todd via email today.  The system is a powerful one for agents eager to earn a 20% market share in a geographic farm area.  It taps into the cost-effective Every Door Direct Mail system provided by USPS, and when coupled with a marketing partner, is by far one of the timeliest and most affordable marketing tools you can use to farm. 

Got questions? Contact the marketing team at ProspecstsPLUS.com today at 866.405.3638.  They are happy to assist! 

What Top Agents Are Doing NOW

By Julie Escobar

Capturing the top market share in a geographic area can be challenging in today’s competitive real estate climate.  It is completely doable however with the right tools and strategies in place.  To learn how top agents around the country are making their mark, I sat down with real estate coach and Market Dominator Director Todd Robertson to get his take on the topic.

Here’s an excerpt from our interview:

Q:  Hey Todd – you deal with agents every day who are eager to dominate in their market — what would you say is the number one question you are asked, and how do you answer?

A:   The number one question agents ask is, “How much will it cost me?”   And I reply, “If you commit to dominate your market or if you talk yourself out of it?”   In all seriousness, however, the main question they ask outside of that “Hey, I’m overwhelmed with all of these options, in terms of marketing, how can I really dominate in my market?”   My answer is that in our current state of “Technology Overload” — direct mail has become more effective than ever before.   Basically I steer them to use the tools that will help them garner the best return on investment.

Q:  That said, I know you’re a big fan of Every Door Direct Mail®, because of its affordability and saturation dominator Juneelement for a geo farm.  It can be a little complicated to wrap your head around for some agents though.  What do you tell agents who are interested in using EDDM for their marketing?

A:  In terms of Every Door Direct Mail, if an agent is not familiar, I can spend literally just five minutes with them to make sure they fully understand how it works.  I then help them pick an area, or geo farm, they want to really become the “Neighborhood Specialist”.   Additionally, once they have an area picked out, we spend an additional few minutes on the phone to see if the Market Dominator program is the right fit for them.

Q:  We challenge agents all the time to leave ‘nothing to chance’ when it comes to staying top of mind in their market area.  What are some additional ways they can support their direct response marketing efforts in their geographic farms – and their market?

A:  I’m glad you asked.  To remain “Top of Mind” the agents getting the best results in their geographic farm areas are doing the following every month – not just SOMETIMES – but EVERY MONTH:

1)   Send direct response mail – (people today are hungry for valuable information – be the resource that delivers that every month.)

2)  Just listed / Just Sold postcards – (shares that you are the agent making things HAPPEN.)

3)  Very aggressive, very well marketed “Open Houses” – (Gets you out front of people in a very hands-on way, be sure to have great collateral material at your open houses that distinguishes you as a resource/information source – not just an agent sitting in a house)

4)   Door Knocking – (NOT an old fashioned idea.  Some of today’s top mega-producers are out in force with their teams in the geographic areas they want to dominate meeting the people, passing out door hangers, brochures, and business cards.  They are asking and answering all the right questions – and NOT in stealth mode like those agents back at the office still waiting for the phone to ring.  Want to INCREASE up your exposure and your results?  Remember this:  STP – See The People. If they don’t know who you are – they’re not going to call you first.  Make sure they KNOW who you are!

Q:  Love that slogan!  Todd, follow up is often the most neglected piece of the marketing puzzle for agents — how do you encourage agents to get off the fence and make that a priority?

A:  The truth is, follow-up is typically the downfall of 90% of agents in the country.  Because most of the time Fear and Uncertainty take over in the Real Estate agent’s mind.  Here’s what they forget however:  According to the National Association of REALTORS, if an agents commits to a campaign in a geographic area, most agents quit BEFORE the 5th contact.  They’ll market once, twice, maybe even three times in an area – but that’s it. They throw in the towel and say, “well this isn’t working”.  Most marketing campaigns don’t start even seeing a response until after that fifth contact. So, if when you think about it, this actually works in the favor of the agent who is COMMITTED to being the dominant player.  If you know that 90 % of agents bail before that 5th contact, we simply put agents on a two-year direct response mail campaign in that area to insure they brand themselves as that go to agent.  We encourage them and coach them to put those three powerful pieces in place we talked about in the last question, (Just Listed/Just Sold, aggressive open houses, and door knocking) so they can layer their marketing for best results.  And we remind them that NO marketing is thorough without follow up. If they truly want to dominate – to get the bulk of the listings, to get a lion’s share of the referrals, to brand themselves so well that they are the first agent consumers think of in their geo farm area – they have to fire on all cylinders, meaning – direct response marketing, results marketing (Just listed/just sold), face-to-face contact (door knocking, open houses, events), and FOLLOW up calls and visits.  When an agent commits to THAT for two years?  They go from “Uncertain to Unstoppable”.

Q:  Great advice Todd.  Any additional advice for agents who want to capture a 10-20% market share?

A:  I would say that Patience and Persistence win the game.   There is an interesting phenomena that occurs when an agent commits to an area, really commits.  Two interesting things happen:

1)   It makes them more assertive in that area in terms of other marketing.

2)  If another agent’s sign goes up in their neighborhood it bothers them.  They then begin to take ownership of that area, meaning they shift their thinking to – “Any sign that goes up in this area should be MY sign, MY listing.” And that?  Is a winning mindset.

Thanks so much Todd for sharing your insights.  If you have a question for Todd, you can email him here, or give him a call at 855-383-6646.  If you want to learn more about the Market Dominator System, here’s a great video you can watch, or see our webinar on demand here.  Good luck!  If you have any additional marketing needs or questions, our team is always ready to assist!  Give them a call at 866.405.3638.