Warming Up Cold Contacts from Your Real Estate Database | This Week in Marketing
The Tom Ferry Podcast Experience
Tom Ferry
4.7 • 1.1K Ratings
🗓️ 15 May 2023
⏱️ 16 minutes
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Summary
Transcript
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| 0:00.0 | ask yourself a challenge question and ask a test question of every single contact in your database. |
| 0:04.9 | Would you call this person? |
| 0:10.2 | Real estate is a relationship business. |
| 0:12.2 | I know you like you trust you business. |
| 0:13.9 | That is the winning combination with consumers. |
| 0:16.3 | In fact, every year, the National Association of Realters |
| 0:19.3 | publishes a report called the profile of home buyers and home sellers. |
| 0:22.1 | And in that report, every year, they analyze how is it that a buyer or seller |
| 0:26.4 | comes to work with a specific agent and buy a mile. |
| 0:29.4 | Every single year, the number one source of business for all agents everywhere, |
| 0:32.4 | buyers and sellers is repeat referral business. |
| 0:35.9 | Now repeat means they've worked with you before and they're willing to do it again. |
| 0:40.4 | So there's a level of proof already involved. |
| 0:43.6 | Referral means they're so confident in your abilities. |
| 0:47.5 | They're willing to recommend you to others they know. |
| 0:49.8 | In that referral, I call it the referral coefficient because you don't know |
| 0:54.0 | how many people that could be. |
| 0:56.4 | If you look across your database of past clients and sphere of influence contacts, |
| 1:00.7 | you don't have any idea how many opportunities there could be in daily, weekly, |
| 1:04.5 | monthly conversations whereby those folks could be your biggest fans, |
| 1:08.8 | your raving fans and they're chopping at the bit to talk about why folks should work with you, |
| 1:14.0 | whether they're looking to buy, sell, invest, they have to work with you. |
... |
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