Saturday, December 21, 2024

customer satisfaction

    A Real Estate Referral List!

    Nearly half of homebuyers surveyed (49%) by the NAR said that the third most important benefit that a real estate agent can provide is “. . .a better list of service providers,” such as a home inspector and other services. (NAR 2022 Home Buyers and Sellers Generational Trends)

    While homebuyers consider this a benefit, the industry understands it as “value-added.”

    Who would’ve thought that something as simple as a list of vendors could be a treasured service? 

    No, it’s not a new service, but it’s become an in-demand one and a way for agents to set themselves apart while offering value to your services.

    It beats a closing gift

    A real estate vendor referral service is the gift that keeps on giving. If set up properly, it brings your brand before their eyes multiple times into the future. It can also benefit you by giving you “touch” opportunities down the line.


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    How to put together a real estate vendor referral service list

    Whether you call them vendors or affiliates, the people on your list should be many and varied. Oh, and highly vetted, which we’ll discuss later.

    Let’s take a look at some of the vendors you might want to include on your list:

    • Accountant
    • Appliance repair/installation
    • Carpet cleaner
    • Countertop Company
    • Electrician
    • Flooring installer
    • Garage door installer/repair tech
    • General contractor
    • Handyman
    • Handyman/woman 
    • Home inspector
    • Home warranty company
    • House cleaner
    • Insurance agent
    • Interior designer
    • Landscaper
    • Lenders/mortgage broker
    • Moving accessories
    • Moving company
    • Painter
    • Pest inspector
    • Pet pooper scooper
    • Plumber/HVAC technician
    • Pool Service
    • Popcorn ceiling removal
    • Professional home organizer
    • Property Manager
    • Real estate attorney
    • Roofer
    • Septic Company
    • Stager
    • Tile contractor
    • Title company
    • Trash hauling 
    • Well inspector
    • Window washer

    Luxury agents might want to include:

    • Architect
    • Audio/visual services
    • Engineer
    • Home security systems technician
    • Home watch/Housesitting services 
    • Landscape architect
    • Trust attorney
    Vendor list research

    If you’re just starting a real estate vendor referral service, you’ll need to do some research in your quest to figure out who to include. Start at yelp.com, read reviews, and jot down the names of those you want to interview.

    Join your neighborhood at NextDoor.com. One of the main topics of conversation on the platform is “Who do you recommend for [insert the service].”

    In fact, if you enter any service into the search bar at the top of the page, you’ll find every conversation having to do with it. 

    Finally, ask for recommendations for your real estate vendor referral service from colleagues, family members, and friends.

    Once you’ve compiled a list of names, move on to the Better Business Bureau to check for complaints. 

    Then, ensure that the vendors you’ll interview are licensed and bonded by consulting the appropriate state licensing board’s website.

    This step is very important. “… the Realtor is not responsible for the work of a properly licensed contractor, or pest inspector for that matter. When a Realtor calls a licensed professional, they are doing so only in their capacity as a representative of their client,” according to Tim Jones at DailyRepublic.com.

    Still, consider putting a disclaimer, in writing, on your website.

    Now, you’re ready to interview each candidate. Don’t forget to ask for references. Get the references’ phone numbers and contact each one.

    There’s more to the compilation of this list than meets the eye. Avoiding RESPA violations is tricky, and we’ll cover that in Part II, so be sure to check back soon.


    PLUS: When you have time…below are some marketing tools to help support your success.

    1. Put Your Real Estate Business a Step Above with Your Own Branded Magazine

    Homes & Life Magazine is a customizable magazine with rich, full-color content and a sharp, professional aesthetic. It includes compelling, direct response-driven articles written by real estate industry experts combined with engaging lifestyle content. Send out Homes & Life Magazine in Just Minutes – No Minimums Required. Or we’ll ship it to you.

    Homes & Life Magazine is the ultimate “Coffee Table Lingerer”! …and it costs less than sending a greeting card!Click Here


    2. The Free 12-Month Done-For-You Strategic Marketing Plan

    The Real Estate Marketing Planner is a powerful 12-Month-Guide that strategically defines what marketing to do and when. Four key market segments include niche Markets, geographic farming, sphere of influence, and past clients. – Click Here

    3. The BusinessBase, SOI building system

    The most effective thing you can do to build a real estate business is to become more visible, more likable, and remembered more often. The BusinessBASE™ not only checks all of these boxes but is also a business-building machine. In two easy steps, you can begin to build a robust sphere of influence that will provide you a lifetime of repeat business and referrals. – Click Here

    4. The Free Interactive Real Estate Business Plan

    The Free Interactive Real Estate Business Plan allows you to enter your business goals for this year and get a breakdown of how many prospects, listings, closing, and so on are needed to reach your goals.  – Click Here

    5. The Become a Listing Legend Free eBook 

    This image has an empty alt attribute; its file name is Become-A-Listing-Legend-3D-Book-White-274x300.jpg

    Ready to take a vertical leap in your real estate career? If you’re looking for inspiration…and the tools and methods to dominate a market and go to the top in real estate…you’ll find them in this free book. – Click Here

    6. The Take a Listing Today Podcast

    Watch the ProspectsPLUS!, Take a Listing Today Podcast for actionable content to help you get more listings. – Click Here


      I won’t spend $6 on a vegetable brush at Amazon.com without first checking customer reviews.

      It would be an understatement, then, to say that it blows my mind that a guy wanting to sell his house (his HOUSE, for pity’s sake) picks the first agent that comes along.

      After all these decades, real estate consumers still find the pool of agents in their town interchangeable. “You’re all alike” is a statement that deserves a look of shock in polite society, yet people think nothing of using it to describe real estate agents.

      So, how does a knowledgeable, hard-working, awesome customer-service-providing agent combat this?

      By getting your clients to do it for you, via testimonials (or, reviews as they are more commonly known).

      Reviews are critical in the current marketplace

      We recently read a study published at BrightLocal.com, that found nearly 90% of consumers age 35 to 54 (which is roughly the average age of buyers and sellers) routinely read reviews for businesses.

      Sadly, only 15% of those folks were reading reviews of agents. As Millennials get older, however, experts predict this number to grow.

      There is a right way, and there’s a wrong way

      We’ve found several real estate trainer blog posts recommending that agents give a “thank-you gift” in exchange for a “positive” testimonial.

      There’s a difference between encouraging honest feedback from your clients and requesting “positive” reviews specifically in exchange for something.

      This suggestion violates federal law and, sometimes, the terms of service of the testimonial site.

      “Companies must make it clear when they have paid their customers to write favorable testimonials,” according to Jessica Rich, director of the Federal Trade Commission’s Bureau of Consumer Protection.

      Google will ban users for offering to pay for positive testimonials. And, over at yelp.com they state that “Business owners should not be asking customers to write positive reviews for their business.” Learn more about Yelp’s terms here.

      Other things to consider about real estate testimonials
      • Like most online content, it’s only as good as its recency. If you aren’t consistently posting fresh reviews, you may lose business to the agent who does.
      • The average number of reviews Americans read before making a decision is 10 (statista.com). Keep this in mind when updating or creating your website’s testimonial pages. Put the 10 best reviews you have at the top of the list.
      • An unsigned testimonial, or one signed with first and last initial, has the potential to create distrust in the viewer. Don’t use them.
      • Always ask permission from a client to post their review but never ask him or her to give up intellectual property rights to the content in the review. Oh, and get that permission in writing (or via email) and keep a copy in the client’s file.

      Consider including testimonials in your direct mail marketing pieces, specifically if they come from the same niche you are targeting.

      For instance, a rave review from a client with a rental property that you helped sell, would be a highly credible addition to the marketing pieces in an absentee owner campaign you’re launching.

      Did you know Absentee Owner Scheduled Campaigns are currently on sale 10% OFF the first month? (sale ends 5/22/21).

      Absentee Owner Scheduled Campaigns (shown above). Learn more, HERE

      TO LAUNCH AN ABSENTEE OWNER CAMPAIGN:

      Hit “CLICK HERE”, below, to get started on your Absentee Owner Scheduled Campaign (from a desktop or laptop computer).

      And, remember, YOU DON’T PAY for each mailing until it actually goes out (cancel or change each mailing up until the night before it goes out. The price shown at check out is per mailing, not campaign total).

      Launch an Absentee Owner Scheduled Campaign now, CLICK HERE!

      Please reach out to our support team at 866.405.3638 with questions or if there is anything we can do to help you with your success.


      PLUS: When you have time…here are some helpful resources we’ve made available to support your success.

      1. The Free 12 Month Done-For-You Strategic Marketing Plan

      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, Get More Listings, Geographic Farming, and Sphere of Influence. –Click Here

      2. The Free Interactive Real Estate Business Plan

      The Free Interactive Real Estate Business Plan allows you to enter your business goals for this year and get a breakdown of how many prospects, listings, closing, and so on are needed to reach your goals.  – Click Here

      3. Become a Neighborhood Brand

      Become branded in a specific neighborhood with a 12X15 marketing piece sent automatically each month to an exclusive carrier route. Watch this video to learn more or Click Here.

      4. The Free Real Estate Mailing List Guide

      This image has an empty alt attribute; its file name is Real-Estate-Mailing-List-Guide2-3-D-999x1024.jpg

      The Real Estate Mailing List Guide outlines the top tools for generating targeted prospecting lists including Baby Boomers, Empty Nesters, Investors, Lifestyle Interests, High-Income Renters, Move-Up Markets, and more. The Guide also defines done-for-you marketing campaigns to match these markets. –Click Here

      5. Become a Listing Legend Free eBook 

      This image has an empty alt attribute; its file name is Become-A-Listing-Legend-3D-Book-White-274x300.jpg

      Ready to take a vertical leap in your real estate career? If you’re looking for inspiration…and the tools and methods to dominate a market and go to the top in real estate…you’ll find them in this free book. – Click Here

      6. The Free Online ROI Calculator

      This image has an empty alt attribute; its file name is ROI-calculator-b-233x300.jpg

      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

      7. The Free Real Estate Marketing Guide “CRUSH IT” 

      This image has an empty alt attribute; its file name is CRUSH-IT-Guide-3-d-298x300.jpg

      The “Crush It” Guide includes easy steps to launching an effective direct mail marketing campaign, how to create a targeted prospect list, the perfect way to layout marketing materials for success, seven opportunities available to target in your area right now. –Click Here