This document discusses farming as a real estate marketing strategy. It defines farming as picking a geographic area like a neighborhood and marketing to the residents at least 12 times per year through various passive marketing tactics. It suggests that for every 50 homes you market to in this way, you will get about 2 sales per year. It then provides examples of low-cost farming strategies like direct mail postcards for $0.50 each per month or door hangers printed online for $100 that can be distributed to 1,000 homes with minimal labor. The goal of farming is generating steady real estate leads and sales through consistent passive marketing over the long term in a specific geographic area.
5. 1. Sales = $
2. Listings = More Sales = $
3. For Sale or Sold Cards= Listings = $
4. Generic Marketing = $
We Know That...
SOLD
6. What if a group of people heard about
every one of your sales and saw every
one of your “Sold” signs ,postcards,
and generic pieces of marketing.
Would they be more inclined to buy or sell with you?
What If?
SOLD
7. What if all these sales could happen within
walking distance of your front door?
What if?
9. “When we first started real estate, all we
were told is we are suppose to send
postcards to our neighbors” Joann Callaway
10. For every 50 people that you “touch” 12
times a year, you will get 2 sales.
Basics Of Marketing To Strangers
11. Ultimately, farming is just picking a
geographic location (a neighborhood, a
community, a block of homes) and
marketing to them AT LEAST 12 times per
year.
What is Farming?
22. Farming
Is a long term pursuit
Farming is a relatively passive form of
marketing
23. Farming, while it requires time, doesn’t
have to be TOO costly.
You can combine Aggressive and Passive
Marketing strategies.
For Agents On A Budget
26. For every 50 people that you “touch” 12
times a year, you will get 2 sales.
Basics Of Marketing To Strangers
27. 1000 / 25 = 40 Sales A Year
1000 Homes, After A Year
28. More Common Form Of Farming
One Postcard Per House Per Month
Roughly .50 per postcard
For 1000 homes A Month
$500 A Month
$6,000 Per Year
29. Usually 1000 Home Minimum
Labor is roughly .15 per home or $150 per
1000 homes
1000 Door Hangers Roughly $100
GotPrint.com
For 1000 Homes A Month
$250 A Month
$3000 A Year
Door Hangers w/ Labor
30. 1000 Door Hangers Roughly $100
GotPrint.com
For 1000 Homes A Month
$100 A Month
$1200 A Year
****YOU DON’T HAVE TO DO 1000
HOMES*****
Door Hangers Free Labor