Death Rattle for some Realtors -you won't believe this statistic!
Rochelle ?? Love ?? Elder
Start-up Branding & Marketing. We Help Brand New Businesses.
The most shocking statistic about your real estate career..
Ready?
The Stats
The number of clients who won't remember your name in two years is 4 out of 5.
You must be thinking,
'No, way, I spent time with them. '
'We laughed. We cried. We celebrated. '
'I gave them a magnetic calendar with my picture on it!'
Why Does This Happen?
I will give you three ways to burn your name into their long-term memory bank.
What You Stand to Gain
80% of your business comes from 20% of your past clients.
Eighty-six percent of clients say they WOULD refer their agent- if they could remember their name!
Imagine an 86% increase in your sales! I'll wait while you calculate that...
(BONUS $$$ figures at the end)
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Referrals
Referrals are your bread and butter. Here are 3-steps you can begin today, to squeeze out every referral possible.
Three Steps Toward that Door
1. Reintroduce yourself- IN PERSON at least one time after they've settled in. Don't wait too long! 30-60 days is ideal.
Bring a small housewarming gift (*with your name and number on it?)
2. Enlist their family and neighbors, who are not under duress, to refresh your client's memory later. !!Bonus: fresh leads!!
3. Send a semi-annual letter/invitation. Include a picture of you, even your family.
Keep the Referrals Flowing
You've got to up your 'game' to stay memorable rather than become a distant memory.
Subscribe for more tips on Marketing in the Real Estate 'game' Check out Home Settings LLC for reliable help getting those homes ready for listing.
BONUS #'s to Motivate
The average homeowner will purchase 3 homes in their lifetime, at an average cost of $525,000 x 3% = $15,750
$15,750 each x 3 = $47, 250 per client
The current ratio of 8:2 (2 of your clients will refer 8 more) INCREASED by 86% ...
Roughly 32:8! @ $47,250 each?
$1,890,000
That's worth a letter and a housewarming gift!