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The 14-Step Essential Plan for Sales List Marketing to Attract More Leads

The 14-Step Essential Plan for Sales List Marketing to Attract More Leads

14-Step Plan for marketing Real Estate Listings:

1. Staging and Pricing Strategies:

  • Based on principles of marketing psychology and behavioral economics.
  • Staging: Preparing the property attractively (cleaning, decluttering, rearranging furniture).
  • Pricing: Determining the price based on Comparative Market Analysis (CMA), considering location, size, condition and prices of similar properties.
  • Estimated Value = Area (sq ft) * Average PSF + Adjustments; Adjustments reflect unique features.
  • Example: 2000 sq ft property, average PSF $250, pool (+$10,000), needs renovation (-$5,000): Estimated Value = 2000 * $250 + $10,000 - $5,000 = $505,000.

2. “For Sale” Sign and Directional Signs:

  • Based on local marketing and brand awareness.
  • For Sale Sign: Clear and attractive.
  • Directional Signs: Help clients find the property.
  • Rider Signs: Highlight specific features.

3. Flyer Tube/Box and Neighborhood Distribution:

  • Based on direct marketing and community engagement.
  • Flyer Tube/Box: Contains property information near the “For Sale” sign.
  • Flyer Distribution: Place flyers in mailboxes or on doors.

4. Flyers Inside the House/Home Book/Comment Cards:

  • Based on experiential marketing and data collection.
  • Flyers: Placed in prominent locations.
  • Home Book: detailed information about the property (history, features, prices).
  • Comment Cards: Allow potential customers to provide feedback.

5. Multiple Listing Service (MLS):

  • Based on information networks and audience reach.
  • List the property in the MLS with necessary information and high-quality photos.
  • Use keywords in the property description.

6. Web Listings with Virtual Tour:

  • Based on digital marketing and user experience (UX).
  • Web Listings: Attractive, easy to navigate, high-quality photos.
  • Virtual Tour: Remote exploration of the property.

7. House Featured in “Marketing Vehicle”:

  • Based on creative marketing and cross-promotion.
  • display the property in calendars or local magazines.

8. Open House Program:

  • Based on direct marketing and personal interaction.
  • Organize a professional open house program.

9. E-mail/Fax/Voice Broadcast:

  • Based on email and telephone marketing.
  • Attractive and persuasive messages including property information and the web address.

10. Track Showings/Collect Feedback:

  • Based on data analysis and continuous improvement.
  • Track showings and collect feedback.

11. Target Marketing:

  • Based on market segmentation and niche marketing.
  • Identify a target group and design a specific marketing strategy.

12. Weekly Seller Updates:

  • Based on transparency and effective communication.
  • Provide weekly updates about marketing efforts and collected feedback.

13. Property Caravans:

  • Based on internal marketing and cooperation between real estate agents.
  • Organize a property caravan and invite other agents.

14. Creative Marketing Ideas:

  • Based on viral marketing and innovation.
  • Innovative ways to market the property (10K run, TV show appearance).

Interactive Voice Response Systems (IVR):

  • Based on marketing automation and customer convenience.
  • Assign a unique phone number to each listing, included in all marketing materials. Callers hear a property description and the system captures their phone number.
  • Conversion Rate = (Number of Leads Converted to Sales / Total Number of IVR Calls) * 100

Chapter Summary

Consistent marketing of real estate sale listings is an effective strategy for lead generation and achieving sales goals.

Key Scientific Points:

  1. Consistent marketing of listings is key to success in obtaining seller and buyer listings, leading to financial goals (e.g., achieving a million dollars through 320 deals).
  2. A 14-step marketing plan should be applied to each sale listing to maximize exposure to potential customers:
    • Organization and pricing strategies: Prepare the property attractively and set a competitive price.
    • “For Sale” sign and directional signs: Use clear signs to attract attention and facilitate access.
    • Tube/box with flyers and distribution in the neighborhood: Distribute informative flyers about the property in the surrounding area.
    • In-house flyers/house book/hanging cards: Provide detailed information in the house and collect feedback from potential buyers.
    • MLS (Multiple Listing Service): List the property in the MLS system.
    • Web listings with a virtual tour: display the property online with a virtual tour.
    • Show the house in a “marketing tool” (calendar, etc.): Include the property in other marketing materials.
    • Open house program: Organize events for the public to visit the property.
    • Broadcast via email/fax/voice: Send targeted marketing messages via different channels.
    • Track offers/collect feedback: Monitor marketing performance and collect feedback from potential buyers.
    • Targeted marketing: Target specific segments of potential buyers based on their interests and needs.
    • Weekly updates to the seller: Keep the seller informed of marketing efforts and results.
    • Real estate caravans: Organize tours for agents to visit properties.
    • Creative marketing ideas: Use unconventional marketing methods.
  3. IVR technology is important for providing detailed property information 24/7. The system captures caller phone numbers and forwards them to buying specialists to convert inquiries into buying consultations.

Conclusions:

  • Systematic and continuous marketing of sale listings increases the chances of attracting potential customers and achieving sales goals.
  • The 14-step plan provides a practical and comprehensive framework for effective marketing of each sales listing.
  • IVR technology is a tool for capturing potential customers and providing customer service.

Implications:

  • Applying the 14-step plan can improve the performance of real estate sales teams and increase revenues.
  • Investing in IVR systems can improve the efficiency of the lead generation process.
  • Focus on consistent marketing allows real estate agents to stay ahead of the competition.

Explanation:

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