Latest / The Real Estate Agent Playbook / Want More Sales? STOP Making These 5 Marketing Mistakes!
Transcript
- 0:00Are you wondering as a listing agent why you're not getting listings or
- 0:03why the listings that you do have are not getting their attention?
- 0:06Well stay tuned we're going to talk about the five mistakes you probably
- 0:09are making and stay tuned till the end because I'm going to talk about something
- 0:13that you know I've always done that I see other agents not do that is affecting
- 0:19their business absolutely right now through this tougher real estate market.
- 0:28All right.
- 0:28If you're serious about diving in, making a commitment to your business, comment
- 0:32I'm in below and we will absolutely take your listing strategy to the next level.
- 0:38We can have some accountability.
- 0:40I can reach out, you can reach out and we can have some back and forth on that.
- 0:44I'm Jeremy Kane with the real estate agent playbook, both on the podcast
- 0:48as well as the YouTube channel.
- 0:50Please like, comment, subscribe while you're here if you feel so inclined.
- 0:54If you really like what you hear, crank that notification bell.
- 0:57If you're ever on the podcast listening to the audio, next time you stop, throw
- 1:01me a five star review and share this with your favorite real estate agent.
- 1:04We're really working to grow this community and really provide some value
- 1:08for agents to level up their business no matter what the market's like.
- 1:12Alright, so first things first, this is something that's probably
- 1:15not anything new to any of you.
- 1:17Quit taking pictures with your iPhone.
- 1:20The only time I will take a picture with my iPhone is, you know, a coming
- 1:23soon where the photos won't be ready of the inside or something like that.
- 1:27Still not the best, but you must have that professional photography.
- 1:31It makes such a difference.
- 1:33Let's be real, we're in the internet age.
- 1:35People are making decisions.
- 1:36The first inclination that someone might make an offer on that listing
- 1:40comes from the internet, comes from when they're scrolling through those
- 1:42pictures, and if they can actually envision themselves in that home.
- 1:46So those pictures cannot be taken lightly.
- 1:48Make sure that you're taking care of that and doing all the things you
- 1:52possibly can to produce, on a computer screen, this home in as lifelike and,
- 1:58you know, real version as possible.
- 2:01You don't believe me?
- 2:02That it makes sense.
- 2:03Check out this.
- 2:04You can see here, the photo on the left is absolutely a photo
- 2:08that was taken by an iPhone.
- 2:09The photo on the right is a professional picture and really demonstrates
- 2:13a value of, you know, everything and, and gives that emotional.
- 2:17Touch, to the census, which is huge for, you know, those buyers to
- 2:22click on that part and say, Hey, Mr.
- 2:25Real estate agent, I wanna see this house.
- 2:27At the end of the day, you're selling that house.
- 2:29You need to get as many people through there as possible.
- 2:32So you don't want that stop sign to come up on the internet before
- 2:35they even set that showing.
- 2:37Okay, number two, generic listing descriptions.
- 2:40Now with the advent of AI and chat, GBT and you know, every real estate agent and.
- 2:47You know, brother out there saying, okay, you can do listing descriptions on chat.
- 2:51GPT.
- 2:52If that was the worst part of our job and that's what you're doing to
- 2:54save time is using chat GPT for that.
- 2:57Absolutely run away with it.
- 2:59Make sure that you're always reading what it spits out.
- 3:02It is a robot.
- 3:03It does mess with us sometimes.
- 3:05So make sure that you're in compliance with your local boards.
- 3:08There's no ethics, on chat GPT.
- 3:10So make sure that you're ethical and doing all the things, maybe you're
- 3:14providing all the equal housing things.
- 3:16If you are interested in AI and you want to use it to a, you know, more in a more
- 3:21lucrative manner, check out this video I did with my boys from the Denver Wolfpack.
- 3:26We talk about AI and how we are using it at the early stages in our businesses.
- 3:31So, with that said, if you are using AI to generate those listing descriptions,
- 3:36make sure they're not super generic.
- 3:37Make sure you're putting enough data into the bot to make sure that
- 3:41it's spitting out something that's not generic, it's unique, and
- 3:45obviously catching and flows well.
- 3:47And, you know, honestly, we should probably be writing
- 3:50those descriptions ourselves.
- 3:51So, if you are those, You know, one of those it's not anti AI or
- 3:55not using AI for that purpose.
- 3:57Make sure that you are not just copy and pasting and, you know,
- 4:00filtering in colors and things you want to be as unique as possible.
- 4:04So whatever you have to do with that listening description, make
- 4:06sure it's there, especially in this world of keywords and SEO.
- 4:10Because we're going to use that listing description, on our social media, right?
- 4:14And that's problem number three is people are ignoring social
- 4:17media or they're just putting it on their Facebook business page.
- 4:20They're not doing anything to it.
- 4:21I will tell you that, there's a lot of, you know, people freaking
- 4:25out out there and they're like, Oh man, how can I advertise?
- 4:27And what should I do now?
- 4:28And you know, some people are like, just boost the post, just throw money at it.
- 4:31That's not what we want to do.
- 4:32We need to make sure that we are building our brand on social media.
- 4:36So that when we do have a listing, we can put it out there and thousands,
- 4:39you know, tens of thousands, whatever are seeing it organically.
- 4:43Then you have the option to do some, you know, Facebook ads or YouTube ads or
- 4:47whatever you're looking to do, but don't ignore social media throughout, right?
- 4:52This is a key time in our real estate careers that maybe we're a little slower,
- 4:56maybe times are a little tougher, but we have the ability to really build up
- 5:00our brand and take advantage of that.
- 5:03So that when you do turn back on and you're super, you know, dialed in, you
- 5:07have, you know, deals coming in and leads flowing in that your brand can stay
- 5:11consistent and that you can, you know, say, Hey, I'm going to advertise this to
- 5:16my social media following organically.
- 5:18Look, it's 5, 000 people.
- 5:19That's great.
- 5:20That looks good at a listing presentation.
- 5:22And we want to make sure we're presenting it to all avenues possible, especially
- 5:27because most of real estate agents are just relying on the MLS, because
- 5:30that's what they've had to do for the last 10 years to sell property.
- 5:33And that truly is not the best way to market a property overall.
- 5:39Absolutely MLS.
- 5:40I'm not saying that.
- 5:41I'm saying MLS plus the sexy marketing will go a long way.
- 5:45More on that in a second.
- 5:46The next is not using video.
- 5:48Obviously, I'm a video guy.
- 5:50I've done a ton of videos.
- 5:51Those videos are just a nice touch, right?
- 5:54And you know, people are like, well, it's not going to sell the house,
- 5:57but it gets people interested.
- 5:58It drives people to that listing website.
- 6:00It drives people to the open house.
- 6:03And so video is eye catching, right?
- 6:05You can run it yourself.
- 6:07Scroll through your Facebook right now.
- 6:09You see a moving, you know, image or whatever.
- 6:12You're more likely to stop and at least check it out.
- 6:15The listing videos are absolutely key again.
- 6:18People.
- 6:18Real estate agents, especially like well, what's the return on that?
- 6:21If I spend 500 on a professional listing video, what's the return?
- 6:25There is no return.
- 6:26The return is you getting the listing, getting the listing sold, getting it sold
- 6:30for the highest value because you put it in front of as many eyeballs as possible.
- 6:34Right?
- 6:34If you're out there looking at something, you'll much quicker watch a
- 6:38video versus, you know, a still image.
- 6:41Obviously, and your time spent on a video will be a lot more
- 6:45is what the statistics say.
- 6:47So, make sure that you're doing that and you're utilizing video tours, utilizing
- 6:53the 3D tours if they're available to you.
- 6:55You just want to meet every single person where they're at.
- 6:58Some people love the MLS listing, right?
- 7:00The boring words, whatever.
- 7:02Have that available.
- 7:03Click on this, take you to my website for the full listing.
- 7:06Okay.
- 7:06Then they can scroll through the pictures, right?
- 7:08Then, then all of a sudden, Oh, check out this link for the video.
- 7:12You're giving every single possible buyer.
- 7:14The keys to the car, basically to ingest that listing exactly how they want to.
- 7:21And that's our job is to really market it the right way over all channels so
- 7:26that we can get again, the property sold for the highest amount of value.
- 7:31And mixed steak 5 is honestly inaccurate information when you get in a hurry, you
- 7:35know, maybe you're not making that call to the HOA and maybe you're, you know,
- 7:38saying that there's, you know, you're just relying on the MLS input to funnel into
- 7:43your contract software for inclusions or, you know, whatever that may be, the big
- 7:47one in Colorado is the cooling, right?
- 7:49Some, some places say central air, there's not even a furnace in the house.
- 7:53So how's their central air?
- 7:55Right.
- 7:55And so you have to really be careful.
- 7:56Some of those public record, you know, data gets skewed.
- 8:00If you're just auto populating and just going through it and putting your
- 8:04listing description in chat with GPT, make sure you're going through it.
- 8:07I always send it to my client and say, Hey, you know, I'm pretty sure
- 8:11I got everything from our meeting.
- 8:12I took notes.
- 8:13I, you know, incorporated everything, but can you just review this for accuracy
- 8:16one more time, you know, while before it goes out to everybody in the masses and,
- 8:21and that's a absolutely game changing.
- 8:24It also shows them.
- 8:25That's usually when I get, Oh my gosh, it looks so good.
- 8:28The pictures are great.
- 8:29You know, it's, you know, Hey, this is the presentation I put together.
- 8:33Remember when we talked about it on the marketing side, that's the
- 8:36follow through that comes from.
- 8:37And speaking to that follow through, you've reached my secret tip.
- 8:41And this is something that maybe you can't fix now.
- 8:44However, in hard markets or at lower price points, you need to be marketing
- 8:49the property just as you would a luxury 2 million, $5 million listing.
- 8:55Right?
- 8:55Because the truth is, is that if you can have that body of work in that portfolio
- 9:00to show to potential sellers and say, Hey, this is how I market properties.
- 9:04Right.
- 9:04Sure.
- 9:04The seller that's selling a 5 million house, you know, but they'll be impressed.
- 9:09Be like, okay, well you sold that 250, 000 condo.
- 9:12There's a video, there's full color flyers, there's X, there's
- 9:15Y, there's social media marketing, all of these things that you do.
- 9:19Then you can show that.
- 9:20That's how I treat it all the way across the board.
- 9:22Because the secret of the top producers is we don't care how
- 9:26much the property is worth.
- 9:27We're going to show up.
- 9:28We're going to market it.
- 9:28We're going to put it in our portfolio.
- 9:30To show, okay, yeah, when that situation comes up again, we're
- 9:34going to still service that client because a deal's a deal.
- 9:37And that's a life that we're affecting because we care more about
- 9:40the lives we affect than just the transaction and the check at the end.
- 9:43And to be honest, that's what you're really worried about when you say,
- 9:46oh, I'm not going to do anything.
- 9:48You know, I'm not going to sell a house under 750, 000 anymore.
- 9:51I'll just refer that out.
- 9:52That's a bad look.
- 9:53But it's even worse of a look to take it, just throw it on the MLS
- 9:57and don't do anything with it.
- 9:59And then when the market does cool down and you're competing at a
- 10:02listing agreement against me saying, Well, what are you going to do?
- 10:04Well, we're gonna, you know, we're going to do a listing video.
- 10:07We're going to do, you know, this open house strategy.
- 10:09We're going to do this.
- 10:10And they say, okay.
- 10:11Can you show me some examples and you don't have any examples with your face
- 10:15your listings your experience on them So it's important during this downtime.
- 10:19Obviously people are you know going to do the things, you know staging is
- 10:24a huge thing in our market right now if the house doesn't look perfect.
- 10:28It's not turnkey with the high interest rates They're not moving in.
- 10:31So staging is a big deal But if you stage a property Show them the staging, right?
- 10:36And you have to be careful with that stage or sometimes don't like staging
- 10:39properties that are owner occupied.
- 10:41So you can have that conversation at that point, but make sure you're showing off.
- 10:45Make sure you're building your portfolio.
- 10:46Every single listing is building your portfolio.
- 10:49They always say from one transaction, you should get seven more deals.
- 10:53Well, that's not just like in the moment, right?
- 10:55If I can leverage what I did and how I.
- 10:58You know, market of this 2 million property or how I marketed this 500,
- 11:01000 pop property, depending on the price point you're marketing to for
- 11:05the new listing, if you have proof that you've done it and you show it
- 11:10where the other people can't do that, and now it's a must in the market.
- 11:13You're gonna win that listing.
- 11:14So make sure you're being consistent.
- 11:16Make sure you're putting it in.
- 11:17I talk a lot about, you know, the profit margin, right?
- 11:21As listing agents, we're so, you know, tight and we're like, oh, you know,
- 11:25I remember a mastermind I was in.
- 11:26Should we be staging properties because they're sitting on the
- 11:28market longer than a weekend?
- 11:30Well, yeah, your profit margin is not gonna be 99.
- 11:329 percent for your entire career.
- 11:35That's part of the market.
- 11:37Shifting a little bit.
- 11:37So you need to make sure that your profit margin is never 99.
- 11:409%.
- 11:42Put some money behind what you're doing.
- 11:44So you show up because that'll carry your brand much further, no
- 11:48matter what the market, and that's what we're really trying to do.
- 11:51So I hope that helps.
- 11:51If you agree with me, please smash that like button comment
- 11:55below if you learn something.
- 11:56And as always share the podcast, like comment, subscribe on the YouTube
- 12:00side, and we'll catch you next time.