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The Rich & the Rest ...
Distinctions of
High Performance Selling
Tom Ferry
Tom Ferry
● CEO of Tom Ferry - Your Coach
● #1 Real Estate Educator Swanepoel Power 200
● Best-selling Author of Life! By Design
● Helped over 500,000 real estate professionals
grow a prosperous business they love
● Highly sought after and renowned speaker
● Featured in New York Times, Wall Street
Journal, USA Today, The Huffington Post, Mashable.com,
Inman News, Agent Genius, Realtor Magazine and many more
SHARE YOUR EXPERIENCE!
HOW’S THE
MARKET?
Am I Focused On Attracting Listings?
THE GREAT NAR
GAP18% of agents earned less than $10,000
54% of agents earned less than $49,999
21% of agents earned more than $100,000
7% of agents earned more than $200,000
5% of agents earned more than $250,000
2% of agents earned more than $500,000
1% of agents earned
more than $1,000,000
RICHAND THE REST
THEY START @ $50,000
OUR CLIENTS EARNED AN
AVERAGE OF
$372,578 IN G.C.I
ON 33 SALES
I simply did MORE
of what the rich do?
(the top 5%)
WHAT IF…
They Focus On
Closing THE GAP!
THE RICH…
HOW BIG IS THE
GAP?
1. Organized Database
2. Contacting Database
3. Marketing to Database
4. Geographic Farming
5. Open House Conversion
6. Online Lead Generation
7. Niche Listing Generation
8. Generating Listing Appts
9. Converting Listing Appts
10. Generating Buyer Appts
11. Business Systems/
Checklists
12. Competent Staff
13. Keeping Current
14. Mindset for Success
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
1-10 __________
Your WHY is just as
important
as HOW and WHAT
when building a business
They Focus For
GROWTH!
THE RICH…
START UP
GROWTH
CASH
COW
FADING
WINNER
RESTRUCTURE
CASH
COW
“All business is innovation
& marketing.”
- Peter Drucker
The aim of marketing is to know and
understand the customer so well the
product or service fits him and sells itself.
- Peter F. Drucker
Growth comes from
consistent, turn key,
relevant lead generation
and great conversion
They Cast A Larger
NET!
THE RICH…
JILL BIGGS
The Rich & The Rest
Both HATE to do
what it takes to be
successful.
The RICH DO IT
Anyway!
“The formula”
Goal x 50 contacts =
Divide by 10 months =
Divide by 24 days =
KNOW YOUR DAILY #
Struggling
Good
THE RICH
LEAD GENERATION
SYSTEMS
= 1 to 3
= 4 to 6
= 10+
TRIED AND TRUE
1. Database Management for Referrals
2. Geographic Farming
3. Open Houses
4. Direct Mail
5. Expireds
6. FSBOS
7. Advertising
Your Text: “Hi (name) home values have really improved
and I was curious, have you had any thoughts of selling?”
“Curious about your home’s value?”
Your Text: “Wonderful, I’ll put together your home’s value.
Have you done any upgrades? Once it’s ready do you want
to meet for coffee, or should I email/mail to you?”
#1 TEXTING STRATEGY
TWO ACTIONS TO GENERATE MORE
LISTINGS FROM REFERRALS
TWO ACTIONS TO GENERATE MORE
LISTINGS FROM REFERRALS
Have you had any thoughts of selling?
Do you know anyone who’s had thoughts of
selling?
Do you know anyone who tried to sell in the past
and it didn’t work out?
#2 ASK ONE OF THREE QUESTIONS:
How Do We
Dominate Our
Community?
GEO-FARMING
DOMINATION PLAN
1. Map your track record / database
• Batchgeo, Google.maps
2. Where is the annual turnover higher than 6%
3. How many homes can you effectively manage
4. What’s my budget (sweat or check equity)?
5. Does your company have incentives for farming?
Partnerships?
7 CAMPAIGNS TO
DOMINATE
1. Direct Mail – (shhhh, don’t tell anyone)
2. Door Knocking / Door Drops (courage = rewards!)
3. Mega and Open Houses (attract future sellers)
4. Google PPC
5. Expireds (old and new) and FSBOs
6. Community Functions (see and be seen)
7. NODs (help them)
The Rich & The Rest
Both HATE to do
what it takes to be
successful.
The RICH DO IT
Anyway!
TIM SMITH
MONEY &
TIME
SPENT ON
LEAD GEN.
NEED
CONVERSION
NEED LEADS
UNBELIEVER DABBLER INTERESTED COMMITTED
LEAD GEN + CONVERSION
TECHNOLOGY & PUSH THE
ENVELOPE
1. Online Advertising – (Most Popular Portals)
2. Facebook Advertising
3. Google PPC
4. Video Marketing – ( agents w/swagger only)
5. Email Marketing
6. Texting Marketing – (especially for follow up)
They Have A Better
PERSONAL PSYCHOLOGY!
THE RICH…
They Dream
BIGGER!
THE RICH…
They Have A Plan!
THE RICH…
DO SOMETHING
TODAY
THAT YOUR
FUTURE SELF
WILL THANK YOU FOR
SHARE YOUR EXPERIENCE!
Go to: TomFerry.com/CTA4
Go to: TomFerry.com/success
Question & Answer
Type in the “Question”
section of the
GoToWebinar
control panel
on the right.
Go Digital
You Won’t Lose Another
Listing Again!
Garry Wise
Sign up
SecretsWebinars.com
June 24 1 pm Eastern
Next month:
with
Joe Sesso
Homes.com
Introducing Local Connect!!
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
Homes.com #1 in Quality of Leads
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
What is Local Connect?
68% of the Listings on
Homes.com are available for
advertising
90% of Homes.com visitors are
actively searching for their
next home
The opportunity for agents and
brokers to advertise on FREE or
NON-CLIENT listings on
Homes.com
Preferred vs. Non-Preferred Listings
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
Preferred Listing View
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
Introducing Local Connect!!
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
Non-preferred Listing View
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
iOS & Android AppMobile
Make a Mobile Connection!
Introducing Local Connect!!
Local Connect Basics
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
ZIP CODE pricing increases as availability decreases
Max Buy-out is ⅓ of available ZIP CODE
Add Preferred status for $99.95/month
10% Discount on 6 months pre-pay and
20% Discount on 12 months pre-pay
Any questions?
Where do you want to be found?
Check availability now!! Agents 888-510-8795 Brokers 866-697-3308

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The Rich & The Rest.. Distinctions of High Performance Selling - Tom Ferry

  • 1. The Rich & the Rest ... Distinctions of High Performance Selling Tom Ferry
  • 2. Tom Ferry ● CEO of Tom Ferry - Your Coach ● #1 Real Estate Educator Swanepoel Power 200 ● Best-selling Author of Life! By Design ● Helped over 500,000 real estate professionals grow a prosperous business they love ● Highly sought after and renowned speaker ● Featured in New York Times, Wall Street Journal, USA Today, The Huffington Post, Mashable.com, Inman News, Agent Genius, Realtor Magazine and many more
  • 3.
  • 5. HOW’S THE MARKET? Am I Focused On Attracting Listings?
  • 6. THE GREAT NAR GAP18% of agents earned less than $10,000 54% of agents earned less than $49,999 21% of agents earned more than $100,000 7% of agents earned more than $200,000 5% of agents earned more than $250,000 2% of agents earned more than $500,000 1% of agents earned more than $1,000,000
  • 8. THEY START @ $50,000 OUR CLIENTS EARNED AN AVERAGE OF $372,578 IN G.C.I ON 33 SALES
  • 9. I simply did MORE of what the rich do? (the top 5%) WHAT IF…
  • 10. They Focus On Closing THE GAP! THE RICH…
  • 11. HOW BIG IS THE GAP? 1. Organized Database 2. Contacting Database 3. Marketing to Database 4. Geographic Farming 5. Open House Conversion 6. Online Lead Generation 7. Niche Listing Generation 8. Generating Listing Appts 9. Converting Listing Appts 10. Generating Buyer Appts 11. Business Systems/ Checklists 12. Competent Staff 13. Keeping Current 14. Mindset for Success 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________ 1-10 __________
  • 12. Your WHY is just as important as HOW and WHAT when building a business
  • 13.
  • 16. “All business is innovation & marketing.” - Peter Drucker
  • 17. The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself. - Peter F. Drucker
  • 18. Growth comes from consistent, turn key, relevant lead generation and great conversion
  • 19. They Cast A Larger NET! THE RICH…
  • 20. JILL BIGGS The Rich & The Rest Both HATE to do what it takes to be successful. The RICH DO IT Anyway!
  • 21. “The formula” Goal x 50 contacts = Divide by 10 months = Divide by 24 days = KNOW YOUR DAILY #
  • 23. TRIED AND TRUE 1. Database Management for Referrals 2. Geographic Farming 3. Open Houses 4. Direct Mail 5. Expireds 6. FSBOS 7. Advertising
  • 24. Your Text: “Hi (name) home values have really improved and I was curious, have you had any thoughts of selling?” “Curious about your home’s value?” Your Text: “Wonderful, I’ll put together your home’s value. Have you done any upgrades? Once it’s ready do you want to meet for coffee, or should I email/mail to you?” #1 TEXTING STRATEGY TWO ACTIONS TO GENERATE MORE LISTINGS FROM REFERRALS
  • 25. TWO ACTIONS TO GENERATE MORE LISTINGS FROM REFERRALS Have you had any thoughts of selling? Do you know anyone who’s had thoughts of selling? Do you know anyone who tried to sell in the past and it didn’t work out? #2 ASK ONE OF THREE QUESTIONS:
  • 26. How Do We Dominate Our Community?
  • 27. GEO-FARMING DOMINATION PLAN 1. Map your track record / database • Batchgeo, Google.maps 2. Where is the annual turnover higher than 6% 3. How many homes can you effectively manage 4. What’s my budget (sweat or check equity)? 5. Does your company have incentives for farming? Partnerships?
  • 28. 7 CAMPAIGNS TO DOMINATE 1. Direct Mail – (shhhh, don’t tell anyone) 2. Door Knocking / Door Drops (courage = rewards!) 3. Mega and Open Houses (attract future sellers) 4. Google PPC 5. Expireds (old and new) and FSBOs 6. Community Functions (see and be seen) 7. NODs (help them)
  • 29.
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  • 33.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38. The Rich & The Rest Both HATE to do what it takes to be successful. The RICH DO IT Anyway! TIM SMITH
  • 39. MONEY & TIME SPENT ON LEAD GEN. NEED CONVERSION NEED LEADS UNBELIEVER DABBLER INTERESTED COMMITTED LEAD GEN + CONVERSION
  • 40. TECHNOLOGY & PUSH THE ENVELOPE 1. Online Advertising – (Most Popular Portals) 2. Facebook Advertising 3. Google PPC 4. Video Marketing – ( agents w/swagger only) 5. Email Marketing 6. Texting Marketing – (especially for follow up)
  • 41. They Have A Better PERSONAL PSYCHOLOGY! THE RICH…
  • 43. They Have A Plan! THE RICH…
  • 44. DO SOMETHING TODAY THAT YOUR FUTURE SELF WILL THANK YOU FOR
  • 46. Go to: TomFerry.com/CTA4 Go to: TomFerry.com/success
  • 47. Question & Answer Type in the “Question” section of the GoToWebinar control panel on the right.
  • 48. Go Digital You Won’t Lose Another Listing Again! Garry Wise Sign up SecretsWebinars.com June 24 1 pm Eastern Next month:
  • 49. with Joe Sesso Homes.com Introducing Local Connect!! Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
  • 50. Homes.com #1 in Quality of Leads
  • 51. Check availability now!! Agents 888-510-8795 Brokers 866-697-3308 What is Local Connect? 68% of the Listings on Homes.com are available for advertising 90% of Homes.com visitors are actively searching for their next home The opportunity for agents and brokers to advertise on FREE or NON-CLIENT listings on Homes.com
  • 52. Preferred vs. Non-Preferred Listings Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
  • 53. Preferred Listing View Check availability now!! Agents 888-510-8795 Brokers 866-697-3308
  • 54. Introducing Local Connect!! Check availability now!! Agents 888-510-8795 Brokers 866-697-3308 Non-preferred Listing View
  • 55. Check availability now!! Agents 888-510-8795 Brokers 866-697-3308 iOS & Android AppMobile Make a Mobile Connection!
  • 56. Introducing Local Connect!! Local Connect Basics Check availability now!! Agents 888-510-8795 Brokers 866-697-3308 ZIP CODE pricing increases as availability decreases Max Buy-out is ⅓ of available ZIP CODE Add Preferred status for $99.95/month 10% Discount on 6 months pre-pay and 20% Discount on 12 months pre-pay Any questions?
  • 57. Where do you want to be found? Check availability now!! Agents 888-510-8795 Brokers 866-697-3308