First question: “How’s the market?” how do you answer?
Next question, just for my edification, “when you think about your marketing efforts, how do you prioritize A) lead gen B) lead conversion (into buyer or listing) C) closing transaction
Using Market Data Online - REBarCamp - San Francisco - Presentation Transcript
Why Market Data Matters Now More Than Ever
Who’s with you today?
Mike Simonsen, Co-Founder & CEO
[email_address]
(415) 302 1573
Twitter: @mikesimonsen
Scott Sambucci, VP, Sales & Data Analytics
[email_address]
(415) 931 7942
Twitter: @AltosResearch | @scottsambucci
www.altosresearch.com
Just For REBarcamp Attendees
Posting this presentation online – we’ll email the link
Send you a Personalized Market Report to use next week
Buyer Meetings coming up?
Listings Presentations
Current Listings/Sellers – helping them really see the market
Only Three Questions
What’s for sale?
IDX Search
How much is my house worth?
CMA
How’s the market?
This is your opening!
When they ask, “How’s the market?”
“ I want to participate, show me how I can/why I should?”
They know the market is bad…
But how is it good for them?
A “buying” signal
Buying your services – they need an expert
Compelling to action – they want guidance
Principles & Technique: “Let Me Show You What I Mean”
Be prepared
With clients, plan the story in advance
The story is your chance to engage
Be transparent
Address their unasked questions - honestly
Confused people don’t buy!
Be the expert
What aren’t they expecting?
Setting price, market time expectations
Sometimes the Data ≠ Headlines Scottsdale was holding strong, but now dropping. Phoenix has been down – but picking up this Spring!
How and When to Use The Data
On the web, blog
Prospecting, relationship & trust building
Lead conversion
In person
Listing presentation / buyer meetings
With active listings – Keep clients updated
In the yard sign “I sold this home in a week. Ask me how.”
In their inbox
Weekly market Reports
Part of your drip, one of your touches
Strategies for Data on Your Website “ Soft Sell” “ Hard Sell” Blog Posts Dedicated Local Pages Chart Widgets Sample Reports Lead Form Call to Action Relationships, inform Convert visitors to leads Goals: Presentation: Style: Personality, quantity High profile data, fewer options Approach: Social Media
Great Web Site Samples
The Three Questions in action
www.Housechick.com – Kelley Koehler
www.StlHomeData.com – Eric Stegemann
Local Market Pages
www.OCExclusives.com – Jessie Brossa
www.LoCoMarketStats.com – Heather Elias
Real Estate Bloggers
http://welcomehomenwi.com/ - James Barath
www.MovinMaryland.com - Audrey Forshey
www.AtHomeInScottsdale.com - Dru Bloomfield
www.BlogByTheBay.com -Ginger Wilcox
Lead Focused
www.TheHarperTeam.com – John Harper
Key Takeaways:
How do you answer, “How’s The Market?”
Use the data to illustrate your expertise
Be the conduit of information
Consumers are searching for information – either you provide it to them, or your competitors will…
Just For REBarcamp Attendees
Posting this presentation online to Slideshare
Send you a Personalized Market Report to use next week
This is the first of two presentations led by Mike more
This is the first of two presentations led by Mike Simonsen and Scott Sambucci of Altos Research. This presentation provides insights and examples for using real estate market stats online - in Social Media, Blogs, Websites - for educating your contacts and generating new leads. less
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