Tuesday, July 10, 2018

4 old school tricks to ignite your business the last half of 2018….




OK…. OK…..OK, I know we are in the world of Technology, Apps, Social Media, and Smart Phones…  But Hey, Back in the day it was old school baby! Thermal paper fax machines, MLS Books…. (YES BOOKS made out of paper and you actually had to turn the pages…by hand), The pink “while you were out” message slips (that’s right, no voice mail), and bag phones the size of an allowable carry-on. And to the surprise of many, some of the prospecting methods we used to look for new business can and does still work today.
Here are a few tried and true methods to add more digits to your income by the end of the year.

Expired and Withdrawn listings: Yes they do still exist even in a robust market. I suggest selecting a target area where you want to obtain listings and start by pulling expired and withdrawn from the MLS every morning. Print a copy of the listing and write a hand written note asking if they still want to sell, and suggesting a meeting so you can help them discover why it didn’t sell with the first agent.  Go by the house, knock on the door, and if they answer turn on the professional charm, if no answer… leave the note, MLS sheet and a business card.

Geographical Farming: This was the one thing I got the most listings from, (other than personal referrals)… Pick an area, gather data, design a newsletter, and Voila!… you immediately become the neighborhood expert. It is much easier these days to compile the data you need, and then on-line design a newsletter than it was in 1988… so why aren’t you doing it?   

FSBO’s:  Arrrrg! They know it all… and are the most difficult sellers to work with right? Not really… if you approach them the right way. Always open with “ My goal is to help you get your house sold” … help them with suggestions for staging and pricing, but also let them know their home is only active on the market when they are there to show it. With you it is active 24-7. Put them on a frequent drip campaign and call them often to check in, plus keep them in mind for your buyers. BONUS TIP: Even if you don’t get their listing you my gain their confidence so they will use for for their next purchase!

Face to Face:  YES this is the ultimate old school prospecting method… no texts, no email, no Instagram or FaceBook. Just old fashion eye to eye, relationship building conversation. Lunches, coffee breaks, drinks, card games, bowling, fishing, golf, dinner clubs, pool leagues, hunting clubs, book clubs, knitting groups, church groups, volunteering, or anything you like to do things…. Just get out there and mingle, make new friends, rekindle old relationships, and always let them know you are never too busy for any of their referrals!

Last but not least…. Work your book of business till it bleeds referrals! Your friends and family, and past clients all love you, but if you don’t remind them how important they are to your success they forget. These 3 groups (friends, family, past clients) should become your #1 source for new business… if it’s not, you are missing thousands of dollars in lost opportunity every year.

So there you have it… 4 “old school” prospecting techniques for today’s high tech market!

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