Monday, November 11, 2024

real estate marketing planner

    The end of the year is creeping up on us and with it comes the inevitable look-back on your real estate business. How’d you do? 

    If you didn’t get the results you were aiming for, your year-end business planning may require an overhaul of your real estate marketing plan. 

    It takes money

    It may sound like a “well, duh” statement, but a marketing plan requires a marketing budget. Study your current year’s revenue numbers and commit to spending at least that on next year’s marketing.

    A couple of years ago, Attom Data Solutions published the results of a survey of real estate agents, brokers, owners, and marketers to determine where they are “spending their largest portion of marketing dollars” and which method brings the best results.

    Thirty-five percent of agents spent the most on social media while 20 percent spent the most on buying leads. 

    Regardless of how you spent your marketing dollars this year, the most important aspect of planning is that look back to figure out what worked and what didn’t. Naturally, you’ll want to reconsider underperforming real estate marketing methods and amp up anything that worked.

    Chop your efforts into segments, such as:

    • Lead generation
    • Client retention
    • Building your SOI

    Then, decide how much you’ll allocate for each in the budget. Naturally, you’ll want to spend the most on which effort brings you the best results. For some agents, client retention dollars result in the best ROI, while others may choose to go bigger on real estate lead gen.

    Even if it’s just 2 percent of revenue, you’ll have enough money to engage and retain current clients “with simple tools and strategies,” according to Chris Beecher, president of thewholebraingroup.com.

    Next, determine the strategies you’ll employ, such as social media, paid advertising, blogging, email, and direct mail marketing, and allocate an amount of the budget to each.

    The Looking For Listings Series is shown above. To learn more, click Here.

    How will you broadcast your marketing message?

    How you will market in the coming year depends a great deal on your budget but also on those segments we mentioned earlier. Lead generation is costlier than client retention, so you may want to take a look at some of the less-expensive methods if you choose to focus on the former.

    These might include beefing up your social media presence (by blogging more and posting to your preferred social media platforms), knocking on doors, etc. 

    A planner will help keep you on track

    A planner is a must if you hope to keep your marketing efforts on track all year. We offer a Free 6-Month Real Estate Marketing Planner to help with this task (a new 2024 Planner will be available soon, so watch for the announcement in our weekly emails).

    Although it’s important to create a coming-year marketing plan for your real estate business, don’t become a slave to it. If something doesn’t appear to be working, replace it with something else. 

    The key to success in real estate lead generation and client retention is consistency. Having a plan will ensure this.


    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 and 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 6-Month Done-For-You Strategic Marketing Plan

    The Real Estate Marketing Planner is a powerful 6-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 Free Interactive 6-Month Real Estate Business Review

    The Free Interactive 6-Month Real Estate Business Review allows you to enter your business goals for the remainder of the year and get a breakdown of how many prospects, listings, closings, and so on are needed to reach your goals.   – Click Here

    4. 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


      Goodbye, 2021!

      I think 2022 is going to be an amazing year, both for real estate agents and for the rest of us.

      But it won’t be if we don’t plan. And, no, it’s not too late. Consider an old Chinese proverb:

      “The best time to plant a tree was 20 years ago. The second-best time is now.”

      So, let’s get to it.

      Go back before moving forward

      To get a clear starting point, planning for the new year requires looking back at your efforts and outcomes from last year.

      • What went well?
      • What activity should you be doing more?
      • What didn’t go well?
      • Is there a way to tweak the unsuccessful efforts or should you drop them?

      Then, take stock of your systems and tools. Are you using all of them? Could your CRM use some love? Perhaps you need to update to newer, better tools or systems.

      Money, money, money

      An assessment of your end-of-year finances, and how you got there, will be a huge help in determining what you need to do in the coming year. Look at not only your income and outgo but the number of transactions it took to bring in the money.

      Then, come up with a transaction count required to meet your 2022 financial goals. The Real Estate Business Plan is an ideal free tool to help you do this.

      It takes consistent effort to increase performance.

      Ensure you have the infrastructure, tools, and systems to support you. Then, go out and slay some real estate dragons.

      Real estate marketing tools to help you write your 2022 success plan

      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 Markets, geographic farming, sphere of influence, and past clients. – 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. 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

      4. 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


        If you’ve been in the real estate business for at least 5 years, congratulations! It’s a testament to your tenacity.

        If you’re still struggling to achieve the level of success you desire, you’re not alone. However, now is the time to put the past behind you and start off 2022 committed to making your real estate business dreams a reality.

        You can do this by executing at least one of the following 2022 New Year’s resolutions listed below.

        Or adopt them all and truly DOMINATE IN 2022!

        1. Resolve to let go of old expectations

        Remember your pre-agent days when you thought that, to make the big bucks, all a real estate agent had to do was buy a fancy car, dress like Serhant, and schmooze with folks?

        Not only that but there’s no boss in charge of your workday. You can come and go as you like and it won’t matter to anyone. Your pocketbook may take a hit, but you’re free and in control of your life.

        Here’s a sample of some additional rookie agent assumptions and expectations:

        • Your broker will supply you with what you need to become wildly successful.
        • You’ll receive expert training on the day-to-day business aspects of real estate.
        • You are not accountable for your success.
        • You can work short days and weeks, take lots of vacations and still make a killing in real estate as a newbie.

        If you still harbor any of these misconceptions, do yourself a favor and let them go. They aren’t serving you or your business growth.

        2. Promise yourself to pursue more listings in 2022
        2022 Real Estate Marketing Planner, HERE

        Why? Because “when you list, you last.”

        Sure, buyers are abundant in the current market, and finding a homeowner willing to sell is like trying to find gold in a silver mine.

        But if you’re going to focus on one area of your business in 2022, and you hope to be wildly successful without putting in so many hours that you become a stranger to family and friends, concentrating on becoming a listing agent is critical.

        Yeah, it’s a bit like trying to eat an elephant, but start slow and start small, taking one bite at a time.

        The 2022 Real Estate Business Plan will walk you through just how many more listings you will need in 2022 to meet your goals.

        3. Resolve to enter the new year with a solid marketing plan

        Every business needs a roadmap for the upcoming year. Marketing goals and objectives are part of this roadmap. To meet them, you’ll need to know how to get there and the 2022 Real Estate Marketing Planner is the ideal guide to help you.

        Check Out Two More Free Marketing Tools to Help You achieve Your Goals:

        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.


        Turn on the marketing “light bulb”

        It’s a safe bet that the percentage of real estate agents who come from a background in marketing is quite small. Therefore, it’s understandable that marketing can be a challenge.

        Fortunately, learning by example is an effective way to overcome this lack of knowledge. Let’s take a look at the following four common real estate marketing blunders so that you can avoid making them in the future.

         Marketing Mistake 1: The lack of a plan

        Planning isn’t as interesting or fulfilling as doing almost all things in life. So, we get it that creating a marketing plan isn’t something you put at the top of your to-do list.

        But, that’s marketing mistake number one. Just as you caution your buying clients to enter the process prepared, with a plan, so too should you, when marketing your business.

        Even a rudimentary plan can help keep you on track and on budget, but the more detailed the plan, the better it will perform.

        The Real Estate Marketing Planner Free Download

        A powerful 12-Month-Guide that strategically defines what marketing to do when is our Free Real Estate Marketing Planner. It includes weekly strategies for Four key market segments including, Niche Marketing, Listing Inventory, Geographic Farming, and Sphere of Influence.

        Please take advantage of this Free 12-month Marketing Planner, go here to download.

        Marketing Mistake 2:  Not understanding where the money is

        One of the biggest myths about homebuyers is that the largest group of them are first-time buyers.

        You’ll find this misinformation online on agent websites, sites trying to sell stuff to agents and even news stories.

        “ … the majority of people looking to purchase a new home are first-time buyers.”

        NAR tells us that first-timers make up only 33 percent of all homebuyers (and that number is down from the previous year). Therefore, diversify your marketing dollars to include target markets in addition to first-time home buyers. Some of the other top target markets include Baby Boomers, Move-Up Market, Lifestyle & Interests, Empty NestersHigh-Income Consumers, and Investors.

        Notify the move-up market to turn to you for help. (Available in the Move-Up Market postcards section)

        Marketing Mistake 3: And who are they?

        NAR breaks buyers and sellers into generations and Gen X (born 1965 to 1976), according to the association, makes up the largest home seller pool at 27 percent.

        In reality, baby boomers (between the ages of 54 and 72) in the market far exceed that number, at 43 percent. NAR, however, cuts the generation in half, making it appear to be a smaller group of consumers.

        But, since both generations own homes and are likely to move, a smart agent will target both.

        When you understand where the money is, and vow to strategically target those with it, everything else marketing-related, from the social media platforms you utilize to your content, falls into place.

        Marketing Mistake 4: Going it alone

        Assist an Empty Nester Achieve an Important Transition (Available in the Life Event postcard section)

        Marketing involves a whole host of talents that most real estate agents don’t possess. Sure, you may be an ace photographer or may have studied graphic arts in college, but an agent who has all of what it takes to market his or her business would be a rarity, indeed.

        There’s not a thing wrong with outsourcing your marketing needs, be it from the creative side (writing, photographing, videography, etc.) or the hands-on side (managing bulk or email lists, website work and social media management) or the design side by trusting in an industry marketing expert like ProspectsPLUS! for all of your real estate marketing materials.

        Your job is to generate the leads required to make deals. Save time and frustration by hiring experts for the rest of the work including turning to industry expert marketers, such as ourselves, for marketing materials that speak specifically to the market you are targeting.

        We understand the possible fear of committing the appropriate budget for this important area of your business. First, outsourcing marketing tasks is tax deductible (as are marketing materials). Second, it frees up more of your time which, in turn, means you’ll be working more on the money-making activities.

        Offer decision-making assistance to baby boomers (Available in the Life Event postcards section)

        Time for you to go after the “current” largest target market, Baby Boomers!
        Send at least 100 Downsizing, Retiring Soon postcards from the Life Event Series to an area where you want more listings.

        Need help targeting the perfect niche of buyers or sellers? Use our mailing list tool to create the ideal list (it’s easy) or call our support team for assistance at 866.405.3638!

        PLUS: When you have time…here are 4 free ways we can help you have an INVINCIBLE 2019!

        1. Become a Listing Legend Free eBook 

        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 

         

        2. The Free One-Page Real Estate Business Plan

        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 our one page Online Real Estate Business Plan  – Click Here

         

        3. The 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, Listing Inventory, Geographic Farming, and Sphere of Influence – Click Here

         

        4. The Free Online 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

        Also…check out these game-changing tools!

         Three Click Postcards – Just snap a home photo & create a postcard all from your mobile phone

        MLSmailings.com – Automated Just Listed, Just Sold Postcards

        Market Dominator System – Become a neighborhood brand & achieve 20% market share

        Want to Refer a friend or colleague? Refer them, Here. THEY get a Free $25 Gift Card and YOU become their hero. BTW, you also get a $25 Gift Card too (now that’s what I’m talking about)!

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