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Wealthy Investor Podcast - Real Estate Investing, Building Wealth, Faith Based

Why Text Messaging Remains a Powerful Tool for Generating Leads

Wealthy Investor Podcast - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Rental Property, Real Estate, Business, Wholesaling Real Estate, Investing, Real Estate Investing

2.5884 Ratings

🗓️ 14 June 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

Explore why text messaging continues to be an effective and reliable method for generating leads in today’s digital landscape.---If you would like to work with Brian on flips, wholesales, or coaching, check out this page - https://www.briandavila.co/home-7863Follow Brian on Instagram - https://www.instagram.com/thebriandavila/Follow Wealthy Investor on Social Media: https://www.instagram.com/_wealthyinvestor https://www.tiktok.com/@_wealthyinvestor---

Transcript

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0:00.0

Let's go into texting because I know a lot of people are like well texting doesn't work anymore

0:06.0

but people don't think it works it works and um I won't lie like I'm you know the regulations with the with the carriers they change so

0:16.3

often that people just go in a frenzy about texting and I do the same like every time

0:21.8

some happens you know it crosses my mind like hey should I

0:25.9

Diversify yeah, should I drop texting?

0:29.2

Ultimately I've been in real estate for almost four years and I've heard it so many times.

0:35.7

Texting is going to die.

0:36.7

Texting is going to die and every time there's always a way.

0:39.6

At this point the way that I feel is like if they make it so that you have to go to Mars to be able to

0:44.4

text I'm going to Mars. Yeah, send a VA up there. Yeah. Yeah. Yeah. Yeah. But okay, so so I guess break down the numbers like how many texts are you sending a day or like what

0:57.7

KPI are you looking at? Yeah, so right now we're sending 150,000 messages per month. We try to send about 4,500 to 5,000 per day.

1:08.8

Yeah. And delivery rate, we try to get it at around like 80, 90%.

1:18.0

Okay. I think that's a good delivery rate.

1:20.0

Yeah.

1:21.0

And then response rate, depends on what type of message you're using because you could go the vague route or you could go the direct route.

1:28.0

If you go, if you go vague, then you probably want to a response rate of like 15 to 22 percent if you go to you know

1:36.7

directive like hey you know you're just in some of this property probably like 8 to 12 percent

1:42.0

8 to 12% response rate.

1:43.0

8 to 12% response rate.

1:43.7

Okay, and then for vague language,

1:45.4

you're looking for a 20%.

1:46.8

Yeah, that's really good.

...

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