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The Tom Ferry Podcast Experience

Database Marketing for Listing Referrals | This Week in Marketing

The Tom Ferry Podcast Experience

Tom Ferry

Education, Business, Self-improvement

4.71.1K Ratings

🗓️ 6 March 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Database marketing for listing referrals is a hard pill to swallow for many agents. They get caught up in the instant gratification of new leads and stuck in the idea that they can’t get another listing from a seller they just worked with.   It’s true that marketing for listing referrals takes a bit of time and finesse, but your database is proven to be the best bet for getting your next listing.    In this episode of This Week in Marketing, Jason Pantana is talking with Jimmy Mackin and RealScout Co-Founder & CEO Andrew Flachner about the best strategies for database marketing for listing referrals working today.     In this episode, they discuss…  0:00 – The greatest opportunity for listings  2:51 – Quit the gratification addiction  7:30 – Prepare the value-ad  9:00 – Nurturing   12:20 – Being the knowledge broker  14:30 – Have an opinion  16:20 – ZMA vs. HVA   23:12 – All roads lead to the agent  26:30 – Takeaways

Transcript

Click on a timestamp to play from that location

0:00.0

Today's conversation is going to be epic. We're talking about how do you turn your

0:07.2

list into listings and what I mean by your list is past clients, sphere of

0:11.6

influence, old leads, every time you're coming in contact

0:14.8

with somebody new or somebody that you've had relationships with for a long time,

0:18.0

it's a relationship you can never let go of because real estate is and always has been a relationship business but the problem

0:24.6

is how do you streamline and scale your efforts from a marketing standpoint so you can remain

0:28.9

in touch and relevant with all your past clients, all your sphere of influence contacts, and to help me in this

0:34.4

conversation I've got two amazing guests. First, the birthday boy Andrew Flackner, happy birthday today,

0:40.3

president, co-founder of Real Scout, and of course, Jimmy Mackin, who's on a podcast with

0:45.8

this all the time.

0:46.8

Yes, great to see you guys.

0:47.8

We just did one, in fact.

0:49.8

All right, so this is going to be a super fun conversation, probably a slightly technical conversation,

0:54.4

and I want to create some context for why it matters.

0:57.0

Why should agents be absolutely resolute

1:00.0

about working their own databases

1:01.9

in terms of generating listings.

1:04.3

Who has a take on that first?

1:05.3

Sure.

1:06.3

I mean, I think you have a decision to make on whether or not you're going to invest in expansion

1:09.8

tactics, which is where you're investing more in your business,

1:12.8

or ROY tactics, which is just getting more

...

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