6 Ways to Generate Listings Online
When it comes to lead generation, we know that cold calling is one of the most effective ways to connect with qualified homeowners. But the reality is… every agent needs multiple sources of business to be successful. No one should rely on a single lead source to bring them results. So if you’re an agent looking for prospecting alternatives, keep reading to discover 6 alternative ways to generate real estate listings online.
1. Re-Engage with Past Clients
Past clients are one of the most important (and often overlooked) groups of people you can contact online. Not only are they a great source for repeat business, but the referrals they can send your way will keep your business booming for years to come.
If it’s been a while since you reached out to your past clients, don’t worry. It’s never too late to re-engage them with a quick text, email, or direct message through social media. You can always get the ball rolling by offering them a home value update via text, email, or social media with this simple script:
After you reconnect, add them to your regular sphere follow-up system. Before you know it, they’ll be sending you oodles of repeat and referral business.
2. Build Your Social Media Following
More than 90% of home buyers begin their search online, and 47% of Realtors cite social media as the best tool for generating high quality leads. So if you aren’t popping up on their social media feed, you could be missing out on thousands of leads and connections. And don’t worry if you don’t have a huge following! Social media is all about playing the long game to consistently generate leads and listings over time.
Real estate podcaster Greg McDaniel recommends starting off on two social platforms that you enjoy using, then expanding to others as your following grows. Greg’s favorites are Facebook and Instagram. He recommends posting twice a day – one personal post and one professional post. Here are a few ideas if you’re not sure what to post:
The idea is to let your audience see who you are through a healthy balance between personal and real estate-related content. As long as you post consistently, you’ll stay top of mind while providing value and building your audience. As Greg says, “If you vanish from social media, your business will vanish too.”
*PRO TIP: As your social media following grows, consider running paid ad campaigns to market your services to more people and further expand your audience. Watch this podcast with Travis Thom to learn more.
3. Digital Prospecting with Facebook (from Dan Elzer)
Even if you don’t have a huge online following, there are other ways to actively engage your social media connections to get more listings. Real estate coach and trainer Dan Elzer calls it Digital Prospecting, and there are a couple ways to do it.
Dan’s first digital prospecting method uses your Facebook friends list to seek out and meet up with potential clients. Most people have hundreds (if not thousands) of friendly Facebook connections who post life updates several times a week. A lot of those posts indicate a need to move, which is where you come in:
The problem is, Facebook algorithms don’t show every post on your main feed, which means missing out on plenty of potential movers. Luckily, there’s a simple workaround: scroll through everyone’s Facebook profile one by one. Sound like a lot of work? It doesn’t have to be.
Start at the top of your friends list and scroll through 10 Facebook profiles every morning. It should only take about an hour, and can easily be worked into your morning routine. Look for posts that indicate a need to buy or sell a home, and drop a comment with the intent to meet up in person.
Avoid passive, generic comments like, “Hey! Looking to sell? I’d love to help…”
Instead, leave comments that will open the door for a face-to-face interaction and show them that you’re genuinely interested in reconnecting. Offer to buy them lunch, meet up for coffee, or go out for drinks.
This approach opens the door for an intimate conversation and shows other people on their page that you’re willing to go the extra mile. When you do meet up, listen to their life updates, ask about their needs, and wait for an opportunity to find out if they’re ready to move.
At 10 profiles a day, five days a week – you’re looking at 2,500+ potential interactions every year! Imagine how many opportunities for listings and referrals are waiting for you on Facebook.
4. Network through LinkedIn (also from Dan!)
Dan Elzer’s second digital prospecting method utilizes LinkedIn business connections to strengthen lead referrals. According to Dan, “LinkedIn is a business network – not a social network.” And he’s right!
A lot of agents hesitate to bring up business on Facebook or Instagram because it makes people uncomfortable. On LinkedIn, however, people expect you to ask for referrals and business connections. Here’s how it’s done:
Step 1: Build your LinkedIn database.
Every time you make a new business connection in your market, add them on LinkedIn. Seek out small business owners, home service providers, local politicians, and other notable community members. Add them to your sphere follow-up system to maintain trust and build rapport. *Tip: The more connections you have, the better this will work!
Step 2: Find qualified real estate leads.
Use REDX to find names for qualified real estate leads. Expireds or FSBOs are great since they’ve already raised their hand as a potential seller. Vacant rental owners are another great option if you like to work with investors and landlords.
Step 3: Find mutual connections.
Take your REDX leads and use a computer to search for them on LinkedIn. From your lead’s profile page, click on “mutual connections” to see people in your LinkedIn sphere who are connected with your lead.
Step 4: Ask for an introduction and referral.
Choose a strong mutual connection and reach out to see if they know your lead. Ask if they’d be willing to introduce and recommend you.
These steps will set you up as a hard working agent cold leads can trust. You’ll also bypass potential rejection, objections, and awkward introductions that often come with cold calling.
*PRO TIP: If your mutual LinkedIn connection is hesitant to introduce you, offer to pay them a referral bonus if (or when) you close the deal.
5. Digitize your Mailers
One of the best ways to stay top of mind with potential clients is through a direct mail campaign. It’s a relatively inexpensive process that puts your face in front of more homeowners, and with today’s technology, it’s easier than ever to push your mail audiences online.
Start by identifying who you want to mail and what content you’re going to send. Here are a few ideas:
- Mail GeoLeads™ to notify the neighborhood about a property you just listed or just sold.
- Educate FSBO leads about the benefits and net proceeds of selling with an agent.
- Show Expireds that you’re able to do what their last agent couldn’t.
- Rake in referrals by sending congratulatory gift cards to past clients on their home-buying anniversary.
- Stay top of mind with your sphere of influence by mailing out monthly newsletters with market updates and community events.
No matter who you mail, be sure to deliver an effective message with interesting visual elements that will pique a homeowner’s interest. Magnify your mailers with photos, well-designed graphics, testimonials, or something of value that people will want to keep. And for that added online touch, generate a QR code that links to your website or social media account and include it on your mailers.
Make sure your name, phone number, email address, and social media handles are clearly visible in case someone wants to reach out.
*PRO TIP: Discover new ways to mail Old Expireds (6-24 months old) from mail master, Jim McCord.
6. Enhance your Email Marketing
An effective email marketing campaign is a simple way to stay top of mind among your database, and you can do it all online. It’s important to write emails that people will see, open, read, and actually take action on when they’re ready to buy or sell. Here are a few technical tactics and writing strategies to help your emails get past spam filters and into inboxes:
- Start with your value
Whenever you write an email, ask yourself, “What value am I providing to homeowners?” Free CMA offers, local market analyses, discounts at local retailers, and community event announcements are all great ways to entice and engage your email audiences.
- Write engaging subject lines
Which subject line are you more likely to open? “John Smith Realty” or “Interest rates are lower than ever!” A good subject line should catch your reader’s attention right away so they’re more likely to read the rest of your email. Just remember to keep them nice and short since most inboxes only show the first 30-60 characters of your subject line. Check out these examples of solid subject lines:
- Maintain your email lists
It’s important to know the difference between your “warm” and “cold” email lists. A warm list is made up of people in your database who will recognize your name and likely open your emails. A cold list contains anyone that you haven’t emailed for at least four months. Your primary goal should be building and maintaining your warm list and warming up your cold list.Build your warm list by collecting email addresses from everyone in your database. When you call your sphere, double-check to make sure you have their current email address. And to warm up a cold list, send an email re-introducing yourself with a subject line like, “Susy, do you remember me?” and an email that looks like this:
(Click here to check out more real estate email marketing tips!)
All the methods and strategies we’ve covered in this blog are designed to help you get business online. They’re also designed to help you save time and expand your reach as a real estate professional. So whether you’re an avid prospector or an agent looking for prospecting methods you can do entirely on the internet, diversify your prospecting methods by choosing a few of these strategies to implement into your business.
REDX offers real estate professionals a complete all-in-one prospecting platform for generating listing appointments. The platform includes seller leads, a dialer with up to three lines, and a lead management tool for simple follow-up. REDX maintains the position that all agents should be compliant with state and federal telecom laws – learn more here. Call (800) 731-7339 option 1 to learn more about prospecting FSBOs, Expireds, FRBOs, Pre Foreclosures, GeoLeads, and our Power Dialer – CLICK NOW to get the LCA discount at REDX or visit www.theredx.com
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