Latest / The Real Estate Agent Playbook / Top Real Estate Marketing Strategies for Success in 2023
Transcript
- 0:00Okay.
- 0:00So here it is.
- 0:01Top producing agent had an excellent start to quarter one and quarter two, 2023.
- 0:07And now we're talking about what is working right now in 2023.
- 0:11Are you struggling?
- 0:12Are you looking to level up?
- 0:13This one's absolutely for you.
- 0:14We're going to tell you exactly what is working across most markets.
- 0:17I talk to a lot of agents every day and we're going to dive in.
- 0:21What's up guys, Jeremy Cain, real estate agent playbook, helping
- 0:24realtors scale their business, giving them a game plan to success.
- 0:28And today is an absolute critical video that I'm going to bring to
- 0:32you talking about what is working right here, right now in our market.
- 0:36Over, you know, the last couple of months, I've been going to a lot of
- 0:39agent seminars and agent seminars.
- 0:41You know, education events and this last month I went to one that
- 0:45talked about what was working.
- 0:47The one thing they didn't mention will be my number one, so stay tuned.
- 0:50Let's get into it.
- 0:51But first, let's like, comment, subscribe.
- 0:54Would be happy to connect with you and provide a game plan.
- 0:57For you for your business.
- 0:58What's working with your personality right now in our market.
- 1:02There's a calendar link below.
- 1:03I would love more than anything for you to book a game plan call with me.
- 1:06We can dive in, talk about anything and everything you want to talk about
- 1:09your business, give you a blueprint.
- 1:11That's.
- 1:12You know set up for you and so you can move forward and absolutely win
- 1:16every single day at the game of real estate Okay, so let's get into it.
- 1:20Number one video on social media.
- 1:22Obviously you're watching this video There's a lot of people that get
- 1:25scared to kind of take that next step The truth is the camera doesn't
- 1:29always have to be facing your face.
- 1:31It can be facing houses or what you're doing but communicating with people via
- 1:35social media via video is absolutely The key to your success on social, right?
- 1:41We can all, you know, subscribe to those, you know, bland, you know, subscription
- 1:46kind of membership based things that will automatically post for you.
- 1:49That's not working anymore.
- 1:51That's not being on social media.
- 1:53You must get on video.
- 1:54You must give the client or the viewer an emotional experience to what
- 1:59you're presenting to them on socials.
- 2:01Your engagement will go up, your conversion will go through the roof.
- 2:04So get on video.
- 2:05Start with facing out, start with facing in, whatever you want
- 2:08to do, but it doesn't matter.
- 2:10Providing video and catching the eye as, you know, we've gotten so
- 2:14distracted is absolutely key for your real estate business and marketing.
- 2:18The key to getting on video is just starting right at first.
- 2:22It might just be getting at that at bats.
- 2:24You have your iPhone.
- 2:25You don't need a ton of fancy tools like we have now lighting, all of that.
- 2:29Just start getting at bats, getting used to hearing your voice, seeing your
- 2:32face on video, and you will absolutely be ready when it's time to scale.
- 2:37You'll absolutely have the opportunity because you've connected
- 2:39with your clients emotionally.
- 2:41It's nothing greater than walking into a meeting with somebody that you've
- 2:45never met that knows you because they followed your story through socials,
- 2:49through your YouTube channel, whatever.
- 2:51So that video can make that emotional connection is absolutely key to
- 2:55separating yourself from other real estate agents in your market.
- 2:58The next one I hear a ton of agents, you know, doing one of my agents that
- 3:02I helped build out a strategic plan, a 12 week accelerator for an open house,
- 3:07that absolutely changed his business and his career forever is open houses.
- 3:11I gave it away there.
- 3:12So open house strategies are absolutely key.
- 3:16Here's what I'm hearing.
- 3:17If the agent is doing them differently, absolutely engaging with the people that
- 3:21come through the door, maybe kind of, you know, rating them based on, you know,
- 3:27what they think and how, how they think they're going to convert into a buyer.
- 3:31You're there to get buyers to make connections, right?
- 3:35Obviously, the old adage is, you know, open houses don't really sell the house
- 3:38that they're, you know, holding open.
- 3:40They give it a little exposure.
- 3:42Yes, but usually the people walking through the home are 6 to 12 months out.
- 3:46Well, that.
- 3:47Time frame has gotten a little shorter and agents are absolutely crushing it
- 3:51with open houses if they're there for the connection, if they're there to serve, if
- 3:55they're there to provide value, provide another emotional experience to the
- 4:00people that are walking through the house.
- 4:02And absolutely, there are the looky loos, but I am hearing conversion rates through
- 4:06the roof on open houses right now, so it's just about doing it differently.
- 4:11It drives me crazy.
- 4:12One of the first things I have agents do in my 12 week open house accelerator is
- 4:17go to, go to, you know, five to 10 open houses next weekend in your area, look
- 4:22at what agents are doing, how they make you feel, what are they doing wrong,
- 4:26you know, one out of five, one out of 10 might be doing something cool that
- 4:29you can maybe rip off and duplicate.
- 4:31But for the most part, it's an agent, maybe with a lender, maybe they're
- 4:35talking, maybe they're engaged or kind of just ignoring the person that's
- 4:38walking through, which is why you're doing it to get clients is to make
- 4:41relationships with those people walking through, but you're too busy talking
- 4:44to your colleague or talking to your, you know, lender partner that's helping
- 4:47you hold it open to even engage with these people and show that value.
- 4:51Right.
- 4:52The other thing is maybe we're engaged with our laptop, right?
- 4:55I don't know how many, you know, Apple, IBM logos I've looked at
- 4:59where agents just kind of look up barely over the screen and say, Oh,
- 5:02you know, take a look at the house.
- 5:03Let me know if you need anything right before they even know
- 5:06I'm a real estate agent.
- 5:07So if you're just that agent, that's.
- 5:09You know, going to King Soopers 10 minutes before your open house, grabbing
- 5:13some cookies, throwing them out there in the plastic container and, you
- 5:16know, opening your laptop for, you know, two hours of dedicated work.
- 5:19You're wasting your time, so you must do open houses with intentionality
- 5:24and they are absolutely converting.
- 5:25They are one of the fastest ways to, you know, have those real
- 5:29estate conversations and convert.
- 5:31So open houses.
- 5:32Definitely working right now in our market.
- 5:35All right.
- 5:35The next one is annual reviews This is a twist on a cma and this isn't just mass
- 5:39mailing out cmas and hoping and praying That someone you know reads through it
- 5:44and responds and you know scans a qr code or whatever An annual review is
- 5:48an actual in person or on zoom Face to face meeting to talk about the asset and
- 5:54managing the asset, which is your house.
- 5:56CMAs are typically focused on other things around and your reviews are
- 5:59more focused on this asset, this exact experience and providing the
- 6:04seller or the homeowner extreme value.
- 6:07Whether it's your client that you, you know, helped purchase the home, or maybe
- 6:12it's someone on your mailing list that you have, you know, a decent physical
- 6:16address grouping for, or whatever.
- 6:18Let's dive in to that home individually, specifically, and don't
- 6:22get too much into the statistics.
- 6:24This is kind of the market price.
- 6:26This is absolutely, you know, your equity position.
- 6:28These are some things that we can do to manage your asset, right?
- 6:32My annual reviews, which you can check out the video right here, that
- 6:35I talk about, you know, what I do.
- 6:37I go through the loan product.
- 6:39Are they in the right loan, right?
- 6:40Interest rate, whatever, or do they have the appropriate insurance?
- 6:43Because we've had some pretty serious fires here in Colorado that left a
- 6:47lot of people underinsured, and they didn't find out till their house was,
- 6:51you know, burnt down to the ground.
- 6:53And it was too late.
- 6:54, then I talk about any contractors or anything that I can connect them with.
- 6:57And then I talk about, you know, if they have any plans for that equity, college
- 7:01planning, you know, weddings, whatever that might be, retirement, second home.
- 7:06And so it's really a comprehensive review of the house of the asset,
- 7:09not worried about so much what the neighbor sold for or what the
- 7:13exact price point is for that home.
- 7:15The next is the VIP kind of Facebook group, craze.
- 7:19You're, you're very important person.
- 7:21So you get, you know, exclusive access to this group or this offer always, you
- 7:26know, exclusivity in marketing is huge.
- 7:29So, Hey.
- 7:30Only my clients are getting this 25% off, you know, furnace and AC service and
- 7:35cleaning, whatever that may be bringing those offers and bringing that value to
- 7:39people, helping them save a buck in our high inflationary period is great, but
- 7:43also giving them a sense of community and also feeling like they are VIP.
- 7:47They're exclusive.
- 7:48Everyone loves the VIP treatment, no matter what it is.
- 7:51So.
- 7:52That's absolutely something that you can take to the next level with your,
- 7:57your sphere of influence, right?
- 7:58Everybody can be in your VIP group.
- 8:00They don't have to know how many people are in it, but you know, call it something
- 8:04exclusive and you will absolutely feel you know the The energy kind of rise
- 8:10and, you know, people feel important.
- 8:12They feel a part of something and they're more likely to, you know,
- 8:15reach out when they have real estate needs and that kind of stuff.
- 8:18So the VIP experience, is absolutely something that, that people are doing
- 8:23for sure, whether it's through gifting or, you know, discounts, like I said,
- 8:27events, all of that can kind of be lumped into that VIP client experience.
- 8:32You know, repeat clients or whatever that may be that you're working on
- 8:35is something to, you know, definitely incorporate in your business and you
- 8:39can do it relatively free, right?
- 8:40If you have low dollars, start with, you know, hey, getting 10% off of, you
- 8:45know, some sort of seasonal service, lawn aeration, sprinkler blowouts, furnace
- 8:49and AC service, you know, pool cleaning, whatever you may be in your market.
- 8:53But that, that piece is huge and it'll help stay top of mind.
- 8:57It'll help start conversations because again, you're giving them
- 9:00services to take care of their home.
- 9:02So once they're ready to buy or sell, they'll automatically think of you.
- 9:06Hey, Jeremy had that, you know, 10% off deal for the furnace cleaning
- 9:10and service and getting ready to go on the market, maybe I'll call him
- 9:12and see if he's still offering that.
- 9:14so partner with different businesses, small businesses.
- 9:17Newer businesses that you can trust and we'll take care of your people, give
- 9:21them that kind of family atmosphere, feel, and then a minor discount
- 9:25people flock to those minor discounts.
- 9:27Next things that are working is email market updates, right?
- 9:30I do a weekly email.
- 9:31Some agents do, you know, monthly.
- 9:33This kind of went away when we got too newslettery, I think.
- 9:37People were like, oh, that's junk mail, that's junk mail.
- 9:39The open rates shouldn't really be a concern.
- 9:41It's just your name popping up through their inbox.
- 9:44They're, you know, sometimes they may delete it.
- 9:46Sometimes they may read it and click every link.
- 9:48It just depends on where they're at, where they...
- 9:50Come across the email, but you know, when something comes up and they're
- 9:54like, Oh, you know, I haven't opened Jeremy's weekly email for a while.
- 9:57Let's jump in there and see what's going on with the market.
- 9:59They have a place to go back to an anchor.
- 10:02And so these email, you know, consistently email marketing updates
- 10:06are absolutely key to kind of.
- 10:09Keeping that out there, you know, and it's, it's kind of a longterm.
- 10:13We can all search our emails.
- 10:14We can all do that nowadays.
- 10:15So people are more likely to go back to it and they know you're providing
- 10:19consistent value because every single week, every single month.
- 10:22They're saying your name pop up in their email list.
- 10:24So don't, don't, hate on the email marketing too quickly
- 10:28because it's always a good access.
- 10:29Everyone has access to email on their phones.
- 10:32And so sometimes, you know, I'm at a party, I can pull it out and be like,
- 10:34Oh, Jeremy had a, you know, the subject line was about, you know, tips for your
- 10:39fall winterizing your home or tips to get ready to sell in six months to a
- 10:42year, then they can make that connection.
- 10:44They could forward the email, they can show it on their phone.
- 10:47And then all of a sudden you're, you're leveraging their network as well.
- 10:50So those emails are absolutely key to stay top of mind and consistent.
- 10:54And, and start with a month and see how it goes.
- 10:56And then, you know, if you get enough content, you can, you feel
- 10:59like a week is, is good enough.
- 11:01There's people that have sold hundreds of houses every single year.
- 11:04You know, just based on email marketing.
- 11:06So definitely something to not not sleep on for sure.
- 11:10The next is something my specialty and it's strategic partnerships
- 11:14with other people in the industry are kind of on the fringe.
- 11:17I'm super close with my financial planner, my accountant, any, my estate attorney.
- 11:23You know, all these things that kind of have something to do with real
- 11:26estate, but maybe not when we think of industry partners are like inspectors,
- 11:29lenders, appraisers, you know, maybe contractors get looped into that.
- 11:32But if you can build an entire army of strategic partnerships,
- 11:37then you're able to, you know, help each other build business.
- 11:40The more business I send those strategic partners, the more business
- 11:43or the more times they think of me.
- 11:45Or the better they take care of me when it's, you know, my
- 11:48personal stuff or whatever.
- 11:49So building those strategic partnerships and capitalizing on those is absolutely
- 11:53key to scaling your business.
- 11:55I think because those people are actively talking to, you know, people
- 11:59that could be clients of yours and.
- 12:01You know, it just kind of creates this synergy when, when you guys are partners,
- 12:05you know, that they're going to be, they're going to take care of your people.
- 12:07You know, that they're going to send you people, you know, that you can
- 12:10count on them as well in a pinch.
- 12:12Hey, we have this inspection deadline.
- 12:14We got to get this done.
- 12:15Anyway, you can fit me in.
- 12:17Sure, Jeremy, you know, you've sent me 24 clients, so I can probably
- 12:20work 5 to 6 that day instead of, you know, clocking out at 4.
- 12:24So those are all just extremely, you know, important things that are working,
- 12:28collaborating on events and, you know, collaborating on email marketing or
- 12:32whatever that might be is a little bit easier when you're not in the space with
- 12:38the lender, with it, with an inspector, because then, You know, people come to
- 12:42you with different lenders or you send 'em to a different lender here and there,
- 12:45and then it's not as, you know, cohesive when you're like, okay, I'm gonna take
- 12:50all of the clients that you've served and I'm gonna partner with this other
- 12:53lender and send everything to them.
- 12:54So that's, that's kind of where it's at.
- 12:56But those strategic partnerships, especially financial planners, especially,
- 13:00you know, a and c p a, people that are kind of on the fringe, that have something
- 13:04to do with the real estate transaction, but not necessarily directly correlated.
- 13:08Absolutely.
- 13:09I've changed my business.
- 13:10You know, referrals are constantly coming in really solid referrals
- 13:13from my financial planner, right?
- 13:15Hey, now that we have your, you know, retirement account set up, let's look
- 13:19at getting you a home because renting isn't a right financial move for you.
- 13:23So managing those strategic partnerships, serving those strategic partners
- 13:27is absolutely one of the things that's helped me scale my business.
- 13:30So I hope that helped.
- 13:32That was six different kind of strategies.
- 13:34In general to really focus on.
- 13:37And a lot of agents are like, well, you know, I just have to go get that buyer.
- 13:40I have to go get that seller.
- 13:41Sometimes these, these value ads and these different strategies will
- 13:45help you get to them sooner, right?
- 13:47Whether it's video, whether it's open houses, whether it's, you know, annual
- 13:51reviews with people that you didn't even sell the house to, but you have a list
- 13:54because you just got married and you invited all your families here locally.
- 13:58Get some practice with those people that know, like, and trust
- 14:00you already, you know, put those people into a VIP client group.
- 14:04You know, even though they might not be a client.
- 14:05So a lot of times we say, Oh, well, I need a listing so I can leverage that.
- 14:09So I can get more buyers.
- 14:10The truth is you can leverage a lot more things than just a physical house listing.
- 14:15Comment below your favorite one.
- 14:17If you're doing something that's working, I would love for you to comment below.
- 14:20I'd love to connect with you.
- 14:21Maybe have you on the channel sometime.
- 14:23But other than that, I hope you have a great day.
- 14:25Like, comment, subscribe, share the podcast where,
- 14:28you know, things get shared.
- 14:30And I would love to connect with you or any of your realtor partners
- 14:33that need to have a conversation.
- 14:34Talk to you later.
- 14:35Bye bye.