This Is What Every Agent Should Be Doing Right Now
THIS IS WHAT EVERY AGENT SHOULD BE DOING RIGHT NOW
The past couple of years have been a rollercoaster ride of shifts.
Many agents right now are asking themselves, “What does that mean for my real estate business?”
The key to staying competitive in any housing market is making sure everything you’re doing is relevant, timely, and meaningful. That means taking a long hard look at your current marketing and revising it so it resonates with buyers and sellers and current conditions.
Remember, the market is in your hands. Here’s what you should be doing right now to keep your business thriving.
Refocus Your Customer Journey
There are three basic phases to every customer’s journey: gathering leads, nurturing them, and converting them into clients.
Here’s the breakdown:
- Prospecting Leads: online advertising, cold calls, landing pages, website, social media
- Nurturing Leads: emails, texts, phone calls, social media
- Converting Leads: Seller signs contract, buyer purchases home
For many of us, converting leads right now is more difficult due to general uncertainty about the future of the real estate market and economy. But there are two very important steps in this process you can still be focusing on: prospecting and nurturing.
Analyze and Revise Your Lead Generation
As the trusted advisor, your sphere of influence is looking to you to answer some tough questions, even if they aren’t openly asking them.
A picture says a thousand words, and visuals are the single best way to communicate data and hard facts.
Instead of trying to explain why the housing market won’t collapse, show them.
Here’s how to do it:
- Connect your social media accounts to your Member Area to make sharing your content easier.
- Set up auto-posting for your social media accounts to save time and maintain consistency.
- Add local hashtags. For example: #richmondrealestate #rvahomesforsale
- Engage with your followers and other users in your niche to build connections and boost your visibility.
Not only are you boosting your social media marketing and growing your following, you’re providing relevant market data that educates. It’s a win-win.
CRM and Database
There won’t be a better time to organize your database. Don’t have one? Create one. Make sure all your leads are labeled appropriately. That way you have a solid list of promising prospects that you can hit hard and don’t waste time.
The same goes for your email campaigns. If you use an email marketing platform, now is a great time to do a deep dive and see who opens your emails. If they’re interacting, that means there’s potential. If they aren’t, you can probably write them off as a cold lead.
On that note, a tone-deaf email could make or break your brand right now. Go through all of your campaigns and make sure your emails are delivering value. That’s what will make them impactful. How do you do that?
Here are a few pro tips:
- Make sure that your content has context and relevance for your audience.
- Educate your sphere on current housing market insights and trends.
- Tailor your marketing to address some of your most frequently asked questions upfront, before they even have a chance to ask them.
- Buyer presentations or listing presentations are perfect and value provers.
Website
You should also be taking this time to update your website with the latest information. Create a new landing page addressing the needs of buyers and sellers in the market right now. Update images and include SEO-charged language. Comb through every piece of your site to ensure it reflects your brand and is easily navigable by prospects.
Social Media
This is especially true for social media. If your strategy mainly focuses on highlighting your listings, this is a good time to add in some educational content that will keep your sphere in-the-know with what’s actually happening in your market. Fill your feed with graphs, charts, and quotes that keep your followers informed and promote engagement.
Just about every major media outlet has written articles speculating what’s going on in the real estate market or what’s going to happen. And odds are, your sphere has seen at least one of them.
For instance, a survey found that 1 in 5 people believe home prices will drop. So, share content that shows that experts are projecting that’s not going to happen anytime soon. And actually, they’re supposed to keep appreciating for the next five years.
The key to creating balance in the market and helping inventory catch up with demand is building buyer and seller confidence.
Sharing information like this will do that.
Amp Up Your Lead Nurture
Now more than ever, your leads, clients, and sphere need to hear from you. They need a trusted advisor. It’s your job to educate them on the market and what it means for their real estate decisions.
As Tom Ferry, the #1 coach in real estate, says:
“We earn income in direct correlation to the value we deliver in our marketplace. Not satisfied with your income? Ask yourself, ‘What can I do to improve and scale the value I deliver to more prospects and clients in my market?”
By keeping your contacts informed with facts and insights about what’s really happening in the market, you’re helping to calm fear while building trust and credibility with your clients.
You can do this by:
- Creating market update videos
- Sharing on social media
- Sending emails
- Sending texts
- Making phone calls
Consumers are out there. The digital space is booming. The agents that are able to adapt and create new business in this environment will not only survive, they’ll thrive no matter what’s going on in the market.
See How Agents Are Doing This
By taking real estate insights and local statistics, you can create materials that help build trust and educate your community. Whether you’re filming a quick video, sending an email, or being more vocal on social media, there are many ways that you can step up as a trusted advisor.
Here are a couple of ways agents like you are doing it (and seeing success):
Share Market Insights on Social Media
If you want to get the right information out on the right platform fast, social media is a great place to start. By sharing data, statistics, and insights, you’re not only filling your feed with useful and educational real estate information, you’re showing clients and prospective clients that you’re an industry expert.
Post a Market Update Video to Youtube
Keri White, an agent in Los Angeles, has slowly been building her Youtube channel and social media presence over the years. If you take a scroll through her channel, you’ll notice videos about everything from what’s happening in housing to seller tips and virtual listings.
But most of her content is revolved around answering those tough questions in real estate. So, Keri frequently makes videos addressing many of the industry’s toughest topics like housing bubble speculation and foreclosure crisis concerns.
Using RealTalk by KCM™, blogs, charts, graphs, and talking points, you can create content like Keri that educates your clients, attracts new ones, and builds your brand as a market expert.
Bottom Line
With all the uncertainty surrounding real estate today, people are searching for answers.
This is an important time to prove yourself as a valuable asset, by connecting with your sphere and correcting any misinformation with research-backed facts. That way, when everything is said and done, you stand out as the go-to trusted real estate advisor in your local market.
Create videos, share real estate insights, and keep your clients up-to-date with what’s happening in the market.
The best place to start right now? With buyers. And we have the perfect buyer presentation that shows your value in each and every slide. Download it for free today.
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