Tuesday, January 22, 2019

Lisa Gray

Lisa Gray
142 POSTS 0 COMMENTS
Lisa is an accomplished marketer with years of expertise in direct response marketing, digital marketing, data analytics and business development working with both B2C and B2B.

Thank you to all of our Contestants in our April Contest!

The time and effort you have taken to give us feedback on your experience with a ProspectsPLUS! product or service is incredibly meaningful to us!

Remember, if your name wasn’t announced in this month’s contest, a new contest starts soon with new opportunities to win!

Ring Video Doorbell First Prize Winner – Tracy Fraim

 

Tracy had exciting feedback about his experiences with ProspectsPLUS! as a new agent.

“Great product, great service, huge selection. A real attention grabber for sure. Just started out and already got two listings.”

That’s right Tracy has been sending out the Market Dominator for just four months (including April) and has already received two listings from this marketing piece.

There’s a reason we call this product the “Market Dominator”. Anyone who is serious about becoming a neighborhood brand and dominating a specific market should check this product out.

It’s a slam dunk.

Tracy Fraim’s Latest Marketing Purchases –  Market Dominator & Free Report,”5 Reasons Why Your House May Not Sell”

$100 Second Prize Winner – Myrna Eisenlauer

 

Mryna shared her experience using ProspectsPLUS! over the years with the following feedback.

“We have been using Prospects Plus for years. We mail Just Sold Postcards to the perimeter of our listings. It really helps with name recognition and shows our success in getting homes sold.”

Just Listed and Just Sold Postcards are some of our most popular marketing pieces. We offer them in ten different designs and 18 logo color choices. Check them out Here.

A service that works perfectly with our Just Listed/Just Sold Postcards for busy agents interested in working smarter not harder is our MLS Mailings service. This automated service integrates with your local MLS and makes sending out your Just Listed and Just Sold postcards something you can do in your sleep.

Using MLS Mailings takes one major ongoing task off of a busy agent’s “To Do” list. To learn more, Click Here.

Mryna & Her Team’s Latest Marketing Purchases – Just Sold Postcards

Take advice from Mryna and her successful neighborhood branding strategy and send Just Listed/Just Sold Postcards to the area around your listing. Start the process of declaring yourself the neighborhood expert now!

Need help targeting the perfect niche of sellers? Use our mailing list tool to create the ideal list or call our support team for assistance at 866.405.3638!

Time vs Reward

While a lot of real estate agents know about Google AdWords, there are many who don’t understand how it works and why they should consider using it to advertise their business.

All advertising campaigns require careful consideration as to the amount of time they take, the cost and, most especially, the return on your investment dollar. Let’s take a closer look at these concerns and how AdWords fits in.

Learning Curve

Determining keywords, deciding how much to pay for them and tracking your ads takes time. For the busy real estate agent or those who are inexperienced with online advertising—especially advertising on Google—expect a huge amount of time on just the learning curve alone.

Then, tracking the ads’ effectiveness involves another huge chunk of time.

Cost

Since it costs nothing to set up a Google Adwords account, the cheapest way to get started is to do it yourself. Navigate to adwords.google.com and you’ll find step-by-step instructions on how to set up the entire program.

So, How Does it Work?

Google is the largest search engine in the world and, last month, it garnered nearly 92 percent of the search market share, worldwide.

Regardless of where you advertise online and whether you buy leads or clicks, the truth is that Google is so ubiquitous, whoever finds you probably uses Google.

The good news is that Google tends to offer a fairly high return on investment. It works on an auction model, so the more popular the keyword you want, the more you’ll pay.

Now, it’s not a straight auction model because they also care about relevancy, so if your landing page is judged highly relevant to your keyword, they’ll allow you to bid a little bit lower for the ad.

Not only that, but the more relevant pages are ranked the highest.

Google assigns what they call a Quality Score to every landing page for every keyword. Let’s assume that your landing page is generic and you want to bid on the keyword phrase “Portland Real Estate.”

Any agents whose landing pages have a higher Quality Score, also bidding on the same keyword phrase, will rank above your page in the search results.

Advantages

 In one sentence: Google AdWords is a fast, highly scalable, easy and somewhat predictable way to advertise – if you know what you’re doing.

  • Scalability: You decide how much you spend and when and how to adjust your ads.
  • Predictable: Once you know what you’re doing you can determine your ROI.
  • Quicker: You’ll see results faster than you will with trying to SEO your way to page one organically.
Disadvantages

Ok, so it’s not all perfect. The learning curve is steep and overly time-consuming. Then, there are the ongoing management and maintenance headaches. This combination can deter many from using Google AdWords.

The bottom line

If you choose to begin using AdWords, you’ll need to determine a daily budget and then keep up with prices, perform ongoing keyword research and understand the analytics well enough to figure out what is working and what isn’t.

In the end, since all of these tasks take time, many agents choose to outsource the management and maintenance of their AdWords account.

Start attracting new listings with a form of marketing that is studied to have a 75% brand recall – Direct Mail Marketing!*
Send 100 Take Advantage of the Market Postcards from our Listing Inventory Series to an area where you would like more listings now.

Need help targeting the perfect niche of sellers? Use our mailing list tool to create the ideal list or call our support team for assistance at 866.405.3638!

PLUS: Get Instant Access below to 3 Free tools that will help you Dominate Your Market this year!

1. An Easy & Effective Agent Business Plan 

Treating your business like a business it is crucial to your success. Our one-page simple yet powerful agent business plan is the answer! – Click Here

2. Marketing Dollars Success Tool

Enter your numbers into our Free online calculator to find out how to get the best ROI from your marketing dollar, instantly! – Click Here

3. Get a 12 Month Expert Marketing Plan

Get a free 12-month plan for What marketing to do when. Four key target markets included, Niche Marketing, Listing Inventory, Geographic Farming, and Sphere of Influence – Click Here

Also…check these out 🙂

Turn One Listing Into Many – From Your Mobile Phone

Automatically Send Your Just Listed/Just Sold Postcards – Work Smarter Not Harder

Become a Neighborhood Brand – With the Market Dominator System

(*Direct mail has a 75% brand recall. Source: DMA Response Rate Report)

With inventory in high demand and buyers eager for deals, sometimes it takes a little objection handling skill and myth-busting to turn FSBOs into happy clients.

The following are three common FSBO misconceptions. And how to turn them from myths to more listings.

1.  FSBOs are hard to work with

Really – all of them?  In truth, most sellers who are trying to sell themselves are eager to save money and fairly motivated, yet not well-informed regarding what it takes to price right in today’s market.

Are they distrustful of agents?  Sure, many are but that doesn’t make them difficult it makes them human beings.  It’s your job to earn their trust, treat them with respect, develop a relationship and make them raving fans.

How do you help develop that relationship? Consistent communication and professional presentation tools.  Our FSBO Postcard Series are a great way to communicate and educate over time raising questions that will compel FSBOs to call you for help.

Our FSBO door hangers are also perfect for stashing in your car for a quick leave behind every time you see a For Sale By Owner sign.

Anytime you are attempting to get in the door of a potential listing, especially a FSBO, consider offering something of value. A reason to contact you. Great ideas for this are free reports, market information and a list of resources.

2.  FSBOs are overpriced 

Many FSBO homes probably are overpriced but surprisingly with the information available on the internet, many get the price right. However, more often than not, they still don’t understand they can likely get more for their home using a real estate professional.  

The biggest reason this is true is the exposure an agent can create for your property as opposed to what a FSBO can do on their own. An agent enters the property into the MLS where it is broadcast marketed via the paper, home guides, a wide range of internet sites, and to other agents. This creates greater property exposure and more competition leading to a higher selling price.

A great strategic tool that allows you to walk sellers through all the components of the salable listing is the Merchandising Review. It even helps to answer some questions before they’re raised. The Merchandising Review is available as a Free Download Here.

 

As soon as you see a new FSBO, contact them to offer to complete a ‘no obligation” Merchandising Review. Explain the tool allows you to make a comprehensive analysis of whether their home is salable in today’s market and what will assure it sells for the right price. Then schedule a 20 minute time to meet with them to go over the Review.

Walk them through each item and negotiate the issues that might keep the property from selling.  Correct these issues, and ask if they would allow you to show them your marketing plan.

3.  FSBOS can succeed on their own

The truth is most FSBOs do end up using an agent.  According to NAR, statistics show only 8% of the homes sold are FSBOs. And 31% of FSBOs don’t market their properties. They need someone like you to lend your expertise for a headache free sale that achieves the most money.

Other tasks that NAR has shown are difficult for FSBOs include: pricing the home right (18%), preparing the home for sale (13%), understanding the paperwork (12%), helping the buyer obtain financing (6%), timely selling (3%) and time to devote to the sale (3%).

FSBOs really are the “low hanging fruit” but the keys to success are consistency and timely communication. Most deals are sealed after the fifth contact. Know your business and your market and you’ll create a presence as the expert in your market for FSBOs.

Get prepared for your next FSBO sighting by ordering 100 FSBO Door Hangers today to have available to leave on the door of the next home you see with a FSBO sign.

Remember -we’re here if you need us.  Call our team today at 866.405.3638 to help choose the marketing materials you need to capture this market!

PLUS: Hey, don’t forget to check out 3 Free things below that will help you CRUSH IT this year!

1. Easy Agent Business Plan

Treat your business like a business. It is vital to long-term success in this industry. This business plan is both easy and highly effective. Check out the perfect one-page Real Estate Business Plan – Click Here

2. Marketing Return on Investment Calculator

Consistent marketing is the key to success. Discover how effective your marketing dollars can be. Enter numbers in our Free online Return on Investment Calculator to see instant results! – Click Here

3. 12 Month Done-For-You Marketing Planner

The Real Estate Marketing Planner is a powerful 12-Month-Guide that strategically defines what marketing to do when. Four key market segments are included, Niche Marketing, Listing Inventory, Geographic Farming, and Sphere of Influence – Click Here

Also…check these out 🙂

Turn One Listing Into More – from your mobile phone

Automate Your Just Listed/Just Sold Postcards – work smarter not harder

Become a Neighborhood Brand – with the Market Dominator System

Think back to when you first got started in real estate. Remember that sinking feeling of knowing that you had no money coming in – and wouldn’t – until you got a deal?

The suggestion that you should start generating leads by trolling your sphere of influence is of little consolation when one is accustomed to receiving a regular paycheck.

If you took the advice, however, you now know the value of a network of people who know, like and trust you. And, never is this sphere of influence more appreciated than when it’s time to leave them all behind and start anew.

Relocating real estate agents experience a double whammy—moving their homes and families as well as their businesses. Only, the latter isn’t as simple as it might be for other business people. As a small business owner, you’re going to be starting from scratch. No family, no friends, no colleagues.

How will you do it?

You’ll need to lay some groundwork before the move and then hit that ground running upon your arrival. Other agents have successfully started over, so learn from them.

The groundwork

Before you leave your present home, make some warm calls to your present sphere. Ask if they know anyone in your destination city that might be ok with you calling them for some insider tips on the area.

Then, call and introduce yourself and begin loading up your CRM with these contacts.

Stalk other agents

If you have time before the move, get to know the major players in your new town’s real estate universe. Check websites, read Yelp reviews – do whatever it takes to familiarize yourself with the “competition.”

Pay close attention to their branding, as this is something you’ll need to do once you’re moved. If you’re seeing the same thing with most agents, differentiating yourself will be easy. If not, consider how you’ll make yourself stand out from the everyone else.

Then, look at the markets these agents are currently serving – find a niche that isn’t being served and claim it as your own. It’s a lot easier to be a big fish in a small pond than to try to be everything to everyone.

Get your web presence up and running early

With so many “fingers” in the website-creation pie, it’s not wise to depend on the developer’s estimated completion date, so get started as early as possible.

Your local internet presence will be imperative to get established.

Learn all you can about your new city

With the internet, getting to know an area is ridiculously easy and something you can begin before leaving your current city. Google Earth will even allow you to view the homes, neighborhoods and city hotspots.

Use Yelp to find out what’s popular with locals and create a Twitter list to stay on top of local events and news. To get a local’s view of the area, stalk the forums at City-Data.

After all the research, you should have a basic knowledge of the area so that when you land there, you can strike out on your own for a more intimate look.

And, now that your website’s up and running, take photos while you’re out and about and use them in blog posts about neighborhoods, eateries and city features. You’ll look like a local in no time.

Meet the folks

Your goal should be, aside from getting to know the area, building relationships in your new city.

One quick way to do this is to get involved in a community organization. Choose one that fits your passion and volunteer. Or, join a civic club, such as the Lions Club, Rotary Club or Kiwanis.

“My experience is to connect, connect, connect! Fill your pipeline. Know your market, focus and play the game daily,” recommends Christina Sanchez Hood, CEO at Silicon Valley HOODS, at Inman.com.

Get back to the basics

Starting a new real estate practice as an experienced agent is a lot different than starting as a rookie. Imagine trying to start a business where you not only don’t have a network but don’t know anything about the business as well. So, rely on your experience.

Which lead gen technique helped fill your pipeline as a rookie? Whether it was door-knocking, cold-calling, using direct mail or even floor time – if it worked then, it’ll work now. And, if it produces even one converted lead, you’ll thank yourself for putting up with the drudgery.

In fact, Patti Irwin, an agent in the Scottsdale, Arizona area relied on, among other tactics, open houses and floor time to rebuild her business after relocating from Illinois.

If all else fails, research buying leads

Yes, it’s a contentious topic and those on both sides of the issue have valid points. The fact is, if you work them right, many online leads are productive.

There are a number of companies that sell real estate leads, but it’s important to do some research before embarking on this tactic.

If you’re a new agent or have just relocated to a new area, start building your base of business today, send 100 Community Newsletters to an area where you want to become the neighborhood brand.

Always know that we are here to help you in any way we can.  Call our support team at 866.405.3638 if you would like help creating your new mailing lists or marketing materials.

PLUS: When you have a moment…here are 3 Free things to check out that will help you CRUSH IT this year!

1. The Free Real Estate Business Plan Easy Outline

Treat your business like a business it is vital to long-term success in this industry. Some agents may put together elaborate business plans, yet there’s something powerful about keeping it simple. Check out the perfect one page Online Real Estate Business Plan – Click Here

2. The Free Marketing “Return on Investment” Calculator

Consistency and automation are the keys to success. Discover how effective direct mail marketing can dramatically increase your bottom line. Enter your numbers into our Free online Return on Investment Calculator and click the ‘CALCULATE MY ROI’ button to see your results instantly! – Click Here

3. The Free 12 Month Strategic Marketing Planner

The Real Estate Marketing Planner is a powerful 12-Month-Guide that strategically defines what marketing to do when. Four key market segments are included, Niche Marketing, Listing Inventory, Geographic Farming, and Sphere of Influence – Click Here

Also…check these out 🙂

Turn One Listing Into More – all from your mobile phone

Automate Your Just Listed/Just Sold Postcards – with MLS Listings

Become a Neighborhood Brand – with the Market Dominator System

Did you know that according to a national survey, over 75% of consumers that receive marketing postcards in the mail, not only read them but keeps them for weeks or more?

With this in mind, it just makes sense for real estate postcards to be a part of your marketing strategy. The following are three tricks to help you begin winning big with postcard marketing.

Direct response marketing

The intent of direct response marketing is to elicit a measured and often emotional response from your prospects. Methods used to trigger this response include a call to action, a question or something that compels your audience to reply.

A great example of direct response marketing using a question is shown in one of our Expired Postcards. The postcard reads, “Did you know more than 90% of people who have had the misfortune of having their listing expire change agents to help improve their ability to sell sooner rather than later?” Quoting statistics is a great way to lend credibility to a point you are making.

Another direct response option is educating your prospect, by raising their awareness and showing your expertise. An example of this is shown in one of our Market Quote Postcards. It reads, “Statistics show the typical FSBO home sold for $210,000, compared to $249,000 for agent-assisted home sales. A professional will net you more!”  Again, the use of statistics helps validate the statement.

The last direct response example uses a “call-to-action” that gives your prospect an exciting reason to contact you that benefits them personally. An example of this is demonstrated in our Free Offer Postcards. These postcards contain offers for a “Free Home Market Analysis”, “Free Home Lists” or a “Free Home Equity Analysis”. Providing exactly what the consumer is in need of and at no cost to them makes it easy for them to raise their hand.

Keep in mind, although you may be tempted to send a postcard with a beautiful image and/or saying, because it’s simple and you know it will be readily accepted, be careful it’s not your only choice, specifically over compelling direct response content.

Most of all, remember a postcard has limited, valuable real estate available on the front and back. So make the most of this space with the right images and copy to drive home your point and gain your audience’s attention.

If you decide to create your own postcard, make sure to ask yourself the question, are you using copy and images that will evoke a response from your prospects?

If you speak to the heart of what your target audience is thinking and feeling, you will create a connection that makes people want to reach out to you.

Consistency 

Begin your strategic marketing by sending out compelling postcards to a designated area and then do it, again and again. Because this is how often you need to “show up” in your prospect’s mailbox and in their lives to make an impact.

I can not stress this strategy enough due to the positive impact it will have over time. In fact, among other things, it signals to your prospects that you have a quality brand and service.

University of Wyoming’s Anthony McGann and Raymond Marquardt researched the effects of repeat advertising. They found that businesses that advertised with high rates of repetition tend to be rated as “high quality” in consumer report studies.

In addition, the results of another study published in the Journal of Consumer Research showed that consumers think that products and services repeatedly advertised are “good purchase choices”.

Consequently don’t waste time, effort and marketing dollars on a one-hit mailing because it will not have a worthwhile return on investment or positive long-term effect.

Finally, if you are not consistently seen in your targeted market through marketing, consider what message you are sending to your prospects about your level of commitment? Success comes to those who show up over and over again with the right message, the right attitude and the right promise of service.

A powerful database 

Your mailing list is not just a compiled list of names and addresses. It represents the lifeblood of your business. And it includes people that, if cared for and kept in touch with, will take care of you for your entire career.

In fact, studies show that one out of twelve on this list will result in a transaction each year. This means a list of 200 will provide you 17 transactions per year. That is if you give them the attention they deserve, by consistently and effectively staying in touch.

Therefore, to keep your list information organized and easy to access choose a database program. But don’t stop with inputting just names, addresses, and phone numbers, also get personal with your entries.  Aren’t you impressed when someone remembers your name, asks about your children, spouse, and hobbies?

This is why your database should include spouse and children’s names and don’t forget special interests, likes, dislikes, and personality styles. Begin the habit of contacting your list at least three times a year. Over time you’ll be able to feed more personal details into your database.

free offer postcard series

Finally, don’t forget about the mailing lists you get when you purchase a Just Listed Postcard. Every time you send a postcard out and do a radial or neighborhood search, for the perfect mailing list – that list is yours to keep. Use it to continue to build that prized book of business. Add these individuals to your database and start building a relationship with them.

For more ideas on how to create a powerful database, download our Free BusinessBASE book.  It’s an informative and free resource that explains exactly how to grow your database effectively. And contains information that applies to both short-term and long-term career success.

Start applying these success tricks now. Send the Free Market Analysis Offer postcard from our Free Offer Series to at least 100 new prospects in an area where you want more listings.

Need help?  We are here to help you succeed. Just call 866.405.3638 for assistance!  

PLUS: When you have a moment…here are 3 Free things to check out that will help you CRUSH IT in 2018!

1. The Free Real Estate Business Plan Outline

Treat your business like a business it is vital to long-term success in this industry. Some agents may put together elaborate business plans, yet there’s something powerful about keeping it simple. Check out the perfect one page Online Real Estate Business Plan – Click Here

2. The Free Marketing ROI Calculator

Consistency and automation are the keys to success. Discover how effective direct mail marketing can dramatically increase your bottom line. Enter your statistics in our Free online ROI Calculator and click the ‘CALCULATE MY ROI’ button to see your results instantly! – Click Here

3. The Free Strategic Marketing Planner

The Real Estate Marketing Planner is a powerful 12-Month-Guide that strategically defines what marketing to do when. Four key market segments are included, Niche Marketing, Listing Inventory, Geographic Farming, and Sphere of Influence – Click Here

Also…check these out 🙂

Turn One Listing Into More – & all from your mobile phone

Automate Your Just Listed/Just Sold Postcards – with MLS Listings

Become a Neighborhood Brand – with the Market Dominator System