Real Estate Micro Farming: The Gateway to Consumer Trust | This Week in Marketing
The Tom Ferry Podcast Experience
Tom Ferry
4.7 • 1.1K Ratings
🗓️ 22 May 2023
⏱️ 22 minutes
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| 0:00.0 | Today's conversation is not geographic farming. |
| 0:03.2 | It's micro-farm. |
| 0:04.2 | We are in a marketplace where if you're not positioning to earn and win the seller's trust |
| 0:12.1 | to generate listings, you're going to be without listings because we know there are more |
| 0:16.1 | agents, fewer sales, and so it's going to be competitive out there. |
| 0:19.8 | So here's the question, how recognizable is your brand as a listing agent? |
| 0:24.2 | Have you positioned yourself to win the mind share of your marketplace, your local marketplace? |
| 0:28.6 | What I'm noticing in my own coaching sessions, as I'm working with my coaching clients |
| 0:32.0 | in our ecosystem here, is that brand really, really matters right now. |
| 0:35.9 | Again, this is a no-like trust business, and if you're not establishing yourself as |
| 0:40.2 | the clear choice listing agent you're missing out, and when it comes to lead sources and |
| 0:44.3 | activities that are super effective in terms of winning over the trust of the seller in |
| 0:49.2 | a local marketplace, geographic farming is a way to go. |
| 0:52.5 | Now we know statistically speaking that roughly two-thirds of all listings are repeat referral |
| 0:56.7 | business. |
| 0:57.8 | Predominantly, for most of you watching and listening, that's your database. |
| 1:01.3 | Past clients, sphere, if you're not playing the trust game with your database, you're |
| 1:04.8 | missing out. |
| 1:05.8 | But the other lead source that is most capable of eliciting that sense of trust, I know |
| 1:10.5 | you, I like you, I trust you, not just personally, but I professionally trust you as a geographic |
| 1:15.5 | farm. |
| 1:16.5 | Geographic farming and database nurturing, those are two lead sources in terms of attraction |
... |
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