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L E A D F O L L O W - U P OFFICE MEETINGS MAY 4-6, 2010.

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Presentation on theme: "L E A D F O L L O W - U P OFFICE MEETINGS MAY 4-6, 2010."— Presentation transcript:

1 L E A D F O L L O W - U P OFFICE MEETINGS MAY 4-6, 2010

2  LEADS COME AS A RESULT OF PROSPECTING!!!  THE PRIMARY OBJECTIVE FOR US IS TO TURN EVERY MOTIVATED LEAD INTO AN APPOINTMENT !!!  THE OTHER IMPORTANT OBJECTIVE FOR US IS TO MOVE EVERY LEAD INTO OUR SPHERE DATABASE  THE NUMBER OF APPOINTMENTS WILL DETERMINE THE SIZE OF YOUR INCOME.

3 PUT LEADS INTO CATEGORIES  BIG DIFFERENCE IN WORKING BUYER LEADS VS. SELLER LEADS.  MUST CATEGORIZE YOUR LEADS INTO HOT, WARM, AND COOL.  NEED TO HAVE SYSTEMS IN PLACE FOR EACH CATEGORY.

4 BUYER LEADS  OPEN HOUSES  DOOR KNOCKING  REFERRALS  FLOOR TIME  SIGN CALLS  800 NUMBERS - CALL CAPTURE  NEWSPAPER & INTERNET ADS  SPHERE OF INFLUENCE  MAILERS & DROPS  FARM

5  SUPPLIERS OF BUYERS:  FLORIST - KNOWS ABOUT PEOPLE MAKING LIFE TRANSITIONS = WEDDINGS, FUNERALS (INHERITANCE), BABIES - REASONS TO BUY.  NAIL TECHNICIAN & HAIR STYLISTS - THEY KNOW ALL THE SCOOP.  C.P.A.’S & ATTORNEYS  WEDDING PLANNERS - IDEAL FOR FINDING FIRST TIME HOMEBUYERS

6  WITH EVERY BUYER ( HOT OR COLD ), MAKE SURE YOU HAVE A MINIMUM OF ONE SIT – DOWN BUYER INTERVIEW.  PROCURRING CAUSE GUIDELINES & O.H.’S  DURING YOUR BUYER PRESENTATION, YOU SHOULD ASCERTAIN THE FOLLOWING:  THEIR MOTIVATION  THEIR ABILITY TO QUALIFY  THEIR KNOWLEDGE OF THE MARKET  THEIR LOYALTY FACTOR

7  HOT BUYERS - MOST MOTIVATED  GOING TO BUY WITHIN THE NEXT 1 - 6 WEEKS.  SPEND THE MAJORITY OF YOUR TIME WITH THIS GROUP.  ALL PROSPECTS, NO SUSPECTS

8  WARM BUYERS = MOTIVATED, BUT NOT QUITE READY.  NEEDS TIME TO INCUBATE (BAKE).  GOAL WITH THIS GROUP IS TO MOVE THEM INTO THE HOT GROUP - WHEN DESERVING.  DO NOT IGNORE THIS GROUP

9  COLD BUYERS -NOT MOTIVATED AND / OR NOT CLOSE TO BEING QUALIFIED  COLD LEADS ARE WARM WANNA-BEES.  GIVE LOTS OF INFO AND LITTLE TIME.  DETERMINE WHY THEY ARE COLD. IS IT DUE TO LACK OF MOTIVATION, NEED TO SELL BEFORE BUYING, CAN’T QUALIFY, OR SOME OTHER REASON?  MOTIVATE !!! STAY IN CONTACT.

10  THERE SHOULD BE A REGULAR OR CONSTANT RE – EVALUATION OF YOUR LEADS TO SEE IF THEY DESERVE TO BE IN A DIFFERENT CATEGORY.

11  HOT BUYERS  1 - 2 SHOWING APPOINTMENTS EA. WEEK  LISTING BOOK  1 - 2 PHONE CALLS PER WEEK  UPDATES ON EXP., CANCELLEDS, POCKET LISTINGS.

12  HOT BUYERS  E-MAIL NEWSLETTER - WRIGHT BRO’S WKLY  I-MARKET - MONTHLY POSTCARDS  PINNACLE CLIENT GIFT PROGRAM.  E-MAIL / MAIL INFO RELATED TO POTENTIAL PROPERTIES, MARKET UPDATES, NEIGHBORHOODS, PRICES, INTEREST RATES, CONTRACT CLAUSES, UPDATES ON HOMES PREVIOUSLY SEEN.

13  WARM BUYERS  MAYBE ONE APPOINTMENT A MONTH.  ONE PHONE CALL EVERY 7 - 10 DAYS  LISTING BOOK  I-MARKET & E-MAIL NEWSLETTER  E-MAIL MARKET & NEIGHBORHOOD INFO

14  COLD BUYERS  MR. & MRS. BUYER - “STEP AWAY FROM THE CAR”  THINK GREEN - DON’T WASTE GAS  START WITH SIT DOWN BUYER INTERVIEW TO FIND OUT WHERE THEY ARE, AND HOW TO GET THEM TO WARM OR HOT CATEGORY.

15  COLD BUYERS  GET THEM PREQUALIFIED  LISTING BOOK  OPEN HOUSES & PROCURRING CAUSE RULES  E-MAIL NEWLETTERS WEEKLY  SUPPLY THEM WITH TONS OF INFORMATION -  PROPERTIES  MARKET UPDATES  WHAT A PURCHASE AGREEMENT LOOKS LIKE  NEWSPAPER & INTERNET ARTICLES  THINGS WE NEGOTIATE ON THEIR BEHALF

16  OUR MARKETING MUST DEMONSTRATE VALID REASONS TO WORK WITH YOU INSTEAD OF A COMPETITOR.  THE CLIENT MUST BE CONVINCED THAT WORKING WITH YOU IS MORE BENEFICIAL THAN WORKING WITH SOMEONE ELSE

17 SOME VALID REASONS:  GET THEM A BETTER DEAL  YOU BETTER UNDERSTAND THE MARKET.  THEY WILL RECEIVE A HIGHER LEVEL OF SERVICE  YOU ARE AN EXPERT ON THE NEIGHBORHOODS THEY ARE INTERESTED IN.

18 MORE VALID REASONS:  YOU KNOW HOW TO GIVE THE CLIENT MAJOR ADVANTAGES THRU YOUR EXPERT NEGOTIATIONS.  YOU CAN SECURE A BETTER LENDER  YOU CAN SAVE THEM MONEY.  THEY WILL RECEIVE THE PROFESSIONAL REPRESENTATION THEY DESERVE

19 MORE VALID REASONS:  ACCESS TO PINNACLE’S PRE – M.L.S. INVENTORY.  ACCESS TO FORECLOSURE INVENTORY UNKNOWN TO OTHER OUTSIDE AGENTS

20  SELLER LEADS  A SELLER LEAD IS SOMETIMES DIFFERENT FROM A SPHERE LEAD  OUR GOAL IS TO EVENTUALLY MOVE SELLER LEADS INTO YOUR SPHERE  GATHER 1-2 SELLER LEADS WEEKLY

21  SELLER LEADS  INPUT LEADS INTO A CONTACT MANAGEMENT SOFTWARE SYSTEM:  TEMPO  GOLDMINE  AGENT OFFICE  PRO REAL ESTATE  TOP PRODUCER  OUTLOOK  ECT, ECT, ECT.

22  SELLER LEADS  SEPARATE LEADS INTO 3 GROUPS  THEY CAN MOVE FROM GROUP TO GROUP VERY QUICKLY  COLD – MAY SELL 1 YEAR OR MORE  WARM – WILL SELL 3 MO-1 YEAR  HOT – WILL SELL WITHIN 3 MONTHS

23 SELLER LEADS  UTILIZING A CONTACT SYSTEM GIVES US THE OPPORTUNITY TO BUILD A RELATIONSHIP AND TRUST WITH OUR LEADS.

24 SELLER LEADS  UTILIZING A CONTACT SYSTEM ALSO GIVES US THE OPPORTUNITY TO :  OUTWORK OUR COMPETITORS.  PROVIDE CONSISTENT & UPDATED INFORMATION.  OUTSHINE OUR COMPETITORS  EXPRESS KNOWLEDGE OF THE MARKETPLACE.  SHOW THEM OUR WORK ETHIC.

25 SELLER LEADS  OBTAINING SELLER LEADS BY:  FARMING  DOOR KNOCKING  REFERRALS  OPEN HOUSES  800 # CALLS  ADD CALLS  SOCIAL NETWORKING SITES  INTERNET POSTINGS  N.O.D.’S, EXPIREDS, FSBO’S

26 COLD SELLER LEADS  MAIL HAND WRITE PERSONAL NOTE AFTER FIRST MEETING.  CALL MINIMUM EVERY QUARTER.  1 MONTHLY MAILER (I MARKETING) OR JL / JS POSTCARD.  1 - 2 PROMO ITEMS PER YEAR.  1 UN-SOLICITED MARKET EVALUATION – W / POSS MEETING.

27 COLD SELLER LEADS  WEEKLY E-MAIL BLAST FROM (WRIGHT BROS)  E-MAIL BLAST FLYER FROM ANY NEW LISTINGS YOU HAVE  2 MARKET UPDATE LETTERS ANNUALLY WITH MARKET CONDITIONS, COMPARABLES, GRAPHS, ECT.  ADD TO SOCIAL NETWORKING GROUP.

28 WARM SELLER LEADS  MAIL HAND WRITTEN NOTE EVERY QUARTER.  CALL EVERY MONTH.  1 MONTHLY MAILER (I MARKETING OR JL / JS POSTCARD)  1 - 2 PROMO ITEMS PER YEAR  1 UPDATED “NO OBLIGATION” MARKET EVALUATION

29 WARM SELLER LEADS  WEEKLY E-MAIL BLAST (WRIGHT BROS)  E-MAIL BLAST FLYER FROM ANY NEW LISTINGS YOU HAVE  QUARTERLY MARKET UPDATE LETTERS WITH MARKET CONDITIONS, COMPARABLES, AND GRAPHS  LISTING BOOK  ADD TO SOCIAL NETWORKING GROUP

30 HOT SELLER LEADS  MANY OF THESE HOT LEADS WILL HAVE ALREADY RECEIVED EVERYTHING FROM YOU WHEN THEY WERE WARM & COLD! EITHER WAY:  SET UP A LISTING APPOINTMENT ASAP!!!  IMMEDIATELY DROP OFF THE PINNACLE PRESENTATION AS A PRE-LISTING PACKET  SET THEM UP ON EVERY SYSTEM UTILIZED IN WARM LEADS AND CONTINUE UNTIL LISTED.

31 HOT SELLER LEADS  GO ON THE LISTING APPOINTMENT  FOLLOW-UP WITH A LETTER  CALL BACK IF NEEDED TO FOLLOW-UP  RECEIVE A CALL FROM THE SELLER!!  YOU GOT THE LISTING!

32 ADDITONAL NOTES  EVERY LEAD REQUIRES A DIFFERENT FOLLOW-UP PLAN. UTILIZE A DRIP SYSTEM FOR SCHEDULING YOUR CALLS- KEEP NOTES FOR REASONS TO CALL.  BEST TIME TO MAKE CALLS - EARLY EVENINGS OR SATURDAYS 1 - 2 HOURS PER WEEK IS ALL YOU NEED TO MANAGE YOUR DATABASE.

33 ADDITIONAL NOTES  CONTINUALLY RE-EVALUATE YOUR LEADS TO ASSESS MOTIVATION LEVEL  THE BETTER AND MORE CONSISTANT CONTACT SYSTEM YOU UTILIZE, THE GREATER SUCCESS FOR THE FUTURE.  MANY COLD & WARM LEADS WILL EVENTUALLY BE MOVED INTO YOUR SPHERE DATA BASE!!

34  PRINCIPLE :  NEVER ASSUME YOU ARE THE ONLY AGENT WHO HAS IDENTIFIED THIS PROSPECT AS A LEAD. THIS IS NOT A REASONABLE ASSUMPTION

35  PRINCIPLE :  YOUR LEAD EXIST FOR A CERTAIN OR DEFINITE PERIOD OF TIME. BUT, THAT PROSPECT SHOULD BE A CLIENT FOR LIFE.  DO NOT STOP MARKETING TO THIS CLIENT ONCE THEY HAVE BOUGHT OR SOLD.

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37 THANK YOU FOR ALL OF YOUR DETERMINATION AND HARD WORK. YOU ARE DOING FABULOUS. STAY THE COURSE. WE APPRECIATE YOUR LOYALTY AND SUPPORT FOR PINNACLE ESCROW & RIDGEGATE ESCROW. YOU ARE ALL GREAT TO WORK WITH !!!

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