Video The Prospecting Pro featuring Anna “Banana” Kruchten of The Property Shoppe in Phoenix, AZ
Prospecting Increase Sales! Build Relationships! Get your name out there! Be 1st on their mind! Developing new leads is crucial to expanding a successful real estate business.
Secret Agent Don’t Be a Secret Agent! Wear a name tag! Make Conversation about what you can offer Use a nickname “Banana” “Anywhere I Am”
Relationship Building When speaking with your leads and prospects… F- Family: Children, Married, Where are they from? O- Occupation: What do they do? Do they like it? Are they retired? R- Recreation: Hobbies, favorite place to visit M- Motivation: Dreams, Visions, What inspires them?
Keep it Brief Use a script Set aside time each week Be mentally prepared for rejection
but know what to say if someone is interested
Commit to your plan Have all information before you start Work in a quiet place Smile when you speak Write out several Closes
Scripts Scripting provides the framework of a successful prospecting campaign It allows you to test what key benefits and qualifying questions work A personalized script can be more effective because the presentation does not sound "canned” add personal details before you call the client
Scripts Check out RealtorMag.org for tons of free Scripts! They cover all kinds of ways to overcome objections! Scripts for prospecting, listing, commission and referrals are all available! Let me know if you’d like me to print out or email you some scripts!
Coffee! Lunch! Happy Hour! Shows that you value their business Builds the relationship Gives you a chance to find out what is going on in their life Plus– you get some coffee & food!
Listen for Change! Engagements Baby on the way! Divorce Empty Nesters
Referrals 43% of all buyers and 41% of all sellers said they were referred by a friend, neighbor, or relative (NATIONAL ASSOCIATION OF REALTORS® 2007 Profile of Home Buyers & Sellers) Stay in touch with extended family, family friends, school mates, workout buddies When you close with a client, ask for a referral!
E-Prospecting Blogging Social Media Ad Words: Google Pay Per Click Landing Pages Newsletters
Networking Groups Join one! Young Professionals Network Chamber of Commerce Meetings MREN-Metro Real Estate Network Buy the Big O! Show Oct 13 Start one! Church or other Religious Center Athletes Social-Meet for Happy Hour once a month!
Fun Ideas!From Other Realtors! Walking Billboards I give out t-shirts that have my company’s logo on the front and my contact information on the back. The most effective people to target for my giveaway are those who work outside in the public eye. Gas station attendants, ice-cream stand workers, landscapers, and others who do outdoor work are the best. I also give t-shirts to all of those nice people who allow me to place my “directional” signs on their front lawn; not only do they let me use their lawn for my sign, but they get a free shirt … and I get more free advertising! --Kurt H. Krug, Coldwell Banker McMahan Co., Bardstown, Ky.
Give Away Money One of my favorite prospecting techniques involves a short personalized letter mailed to home owners in a targeted neighborhood. The letter is titled “First of Many,” beneath which is taped a crisp new $1 bill and my message: “When you’re ready to sell, I have hundreds of thousands more of these dollar bills to give you from my highly qualified and serious buyers.” The cost of doing this is generally less than that of a novelty gift such as a pen, calendar, or magnet, and it has a dramatic impact. Most people will remember who sent them free money, and many of them have felt a need to reciprocate by listing their home with me. --Gary D. Singer, Coldwell Banker Residential Brokerage, Springfield Fun Ideas!From Other Realtors!
Don’t Skimp on Business CardsI hand out business cards to everyone. I carry them everywhere, including in a leather pouch on my key chain. I’ve received business from someone who picked up a card that I left at a gas pump and from someone who takes dance lessons at the same place I do. I leave a card at the register of every business I walk into, with every sales clerk, inside pay folders at restaurants, and on doors of FSBOs. In every conversation I have, I say: “By the way I'm also an experienced real estate professional and a REALTOR® and if you or someone you know ever needs a REALTOR® you can count on, please put my card in a safe place like your wallet so you can contact me.” I try to go through about 4,000 cards a year, and I’m trying to up that figure. This has made me money. Dee Scott, Texas Home Group, Spring, Texas Fun Ideas!From Other Realtors!