Top 5 Ways to Generate Commercial Real Estate Leads: Commercial Agents, This is Your Blueprint ==>>??
Paige Kimball
Marketing Director at M&D Real Estate - Digital Marketing | Content | Public Relations | Demand Generation | SEM | SEO | Team-Building | Innovation | Real Estate
In an industry that is currently down and as many commercial firms are laying off agents and employees, M&D Commercial has found a way to keep growing.
And not just a little, but by over 100% in 2023 – a year that saw commercial transactions down by 70%.??
If you want an insider’s look at what types of practices and strategies it takes to see this kind of success even in a down market, we’re going to let you in on some of our biggest secrets.??
And if you are really intrigued by what you read and want to learn more about joining M&D Commercial Group, all you have to do is fill out this 5-second form.
For now, let us explore together the art and science of all the different systems, people, methods, and technologies it takes for a commercial agent to see success in whatever type of market you may find yourself in...
1. Embrace Technology & Social Media
The integration of technological trends has shifted from a strategic choice to an absolute necessity for real estate professionals striving to succeed in today’s fiercely competitive market.?
Embracing technology is no longer merely a luxury; it is the key to success that can elevate your standing, broaden your reach, and reshape the way you engage with clients and prospects.?
Social media in particular stands out as a dynamic and influential tool that transcends traditional marketing boundaries. Its power lies not just in its vast user base but in its ability to foster meaningful connections, build brand identity, and amplify your market presence.??
By strategically leveraging social platforms such as Instagram, Facebook, Twitter, and especially LinkedIn, commercial real estate professionals can connect with potential clients, industry influencers, and fellow professionals.?
Engaging content, such as insightful market updates, behind-the-scenes glimpses, and success stories, not only showcase your expertise but also humanize your brand, making it relatable and memorable.?
Most importantly, invest in a good CRM tool. Your CRM is the most important part of everything you do to build and nurture your pipeline.?
It is where you retain all client information and records, the engine through which you nurture your database and send out new properties and market updates, as well as how you can set up automated nurturing of new leads through emails, phone calls, and texts to keep you top of mind and your business continuously growing even when you’re busy elsewhere.?
At M&D, we invest in not only the top tools and relationship management software for our agents, M&D also provides the people — a full, in-house marketing team to nurture agents’ database with regular, unique content ensuring a steady stream of business and top exposure for our agents and their offerings.
2. Invest in Continued Education for Experienced Commercial Agents
The commercial real estate industry is dynamic, with laws, regulations, and market trends constantly evolving. Stay ahead of the curve by investing in continued education. ?
Attend workshops, seminars, and conferences to gain insights into emerging trends, legal updates, and innovative strategies. This knowledge will not only enhance your expertise but also build trust with clients who value your industry knowledge.?
For instance, M&D Commercial Group meets every Wednesday to stay abreast of industry trends, hear from regional economic development experts, discuss important topics and the How-To’s and finer points of negotiation strategy, giving listing presentations, understand complex contracts, and much more.?
Additionally, M&D Commercial Associates have around-the-clock access to their Commercial Director, as well as to each other via Microsoft Teams, for any new questions or issues that arise when they need assistance or one-on-one coaching to get a deal across the finish line and help a valued client.?
The benefits of this commitment to ongoing education extend far beyond personal enrichment. Clients, whether buying or selling commercial property, are increasingly discerning and well-informed.?
They seek real estate professionals who not only possess the knowledge to navigate complexities but who can also anticipate and leverage emerging trends on their behalf. By demonstrating a commitment to staying abreast of industry changes, you not only enhance your own expertise but also build a foundation of trust with clients who value and appreciate your industry knowledge.??
2. Build & Nurture Your Network as an Experienced Commercial Agent
The benefits of this commitment to ongoing education extend far beyond personal enrichment. Clients, whether buying or selling commercial property, are increasingly discerning and well-informed.?
They seek real estate professionals who not only possess the knowledge to navigate complexities but who can also anticipate and leverage emerging trends on their behalf.?
By demonstrating a commitment to staying abreast of industry changes, you not only enhance your own expertise but also build a foundation of trust with clients who value and appreciate your industry knowledge.??
Networking isn’t just a beneficial activity in the intricate tapestry of the real estate industry; it’s an indispensable pillar of success. Building and maintaining robust professional relationships can be the catalyst that propels your real estate business to new heights. In a landscape where collaboration often sparks innovation, the strength of your network can be a defining factor in your long-term success.?
The importance of networking is not confined to immediate gains; it’s an investment in the future. As you build lasting relationships with other professionals—be they real estate agents, property management companies , attorneys, or local businesses—you are cultivating a network that can withstand market fluctuations and industry shifts. In times of uncertainty, your network becomes a source of support, advice, and shared resilience, helping you weather storms and emerge stronger on the other side.?
You should attend Chamber meetings, Economic Development Corporation events, industry events, and networking events whenever possible. The people you meet by getting out of the office and into the community will prove vital to your business and give you the connections you need to be more successful.?
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4. Provide Exceptional Customer Service
Differentiate yourself by delivering exceptional customer service and focus on building long-term relationships with clients by being responsive, transparent, and reliable. Communication is key, so keep clients informed throughout the buying or selling process.?
For instance, M&D Commercial Associates have staff that provide monthly marketing reports to clients to always keep them updated on how we’re working to get their property sold.?
Going the extra mile and exceeding client expectations will not only result in repeat business but also in referrals, which are invaluable for sustaining a successful commercial real estate career.?
Part of exceptional customer service is ensuring your clients get the best terms and marketing strategies an agent can offer.?
At M&D, negotiation is our specialty – and that’s why we train on it regularly.?
Because, your clients want the best return on their investment or deal on their new purchase or lease.?
You are the one to get that for them – if you know and understand the key principles of negotiating that is.?
Being an expert negotiator will ensure happy clients, referrals and repeat business.??
5. Diversify Your Marketing Strategies
The rapidly evolving realm of commercial real estate marketing is no longer confined to the pages of flyers and traditional mailers. While these methods still hold relevance, the dynamic nature of consumer behavior and the digital age demand a more expansive and diversified approach.?
Real estate professionals looking to make a lasting impact in the market must broaden their marketing horizons and embrace the vast opportunities presented by the digital sphere.?
By developing a comprehensive online presence, optimizing for search engines , utilizing targeted advertising, and creating valuable content, you position yourself not just as a experienced commercial agent but as a dynamic and influential presence in the digital marketplace.?
In a landscape where visibility and engagement are paramount, embracing these digital strategies becomes the key to unlocking new opportunities and staying ahead of the competition.”?
To get started, make sure your properties are listed professionally via commercial real estate website software.?
You should have a solid lead capture system built-in to landing pages and property pages, ensuring potential clients will enter their information and seamlessly be transferred to your database for nurturing and follow up.?
Additionally, Google Ads and social media ads all have their benefits when targeting and re-targeting website visitors or potential new clients in search of exactly what you have to offer.??
Join M&D Commercial Group As Your Partner in Success
The ability to thrive and stay ahead in the ever-changing commercial real estate market lies in a harmonious blend of adaptability, technological savvy, and a client-centric focus. Embrace change, stay informed, and continuously refine your strategies. By doing so, you position yourself not only as a seasoned professional but as a trailblazer in an industry that rewards those who are not just responsive to change but who actively shape its course.??
Your journey towards continued success in commercial real estate is not just a marathon; it’s a dynamic, ever-evolving race, and with the right approach and right firm behind you, you’re well on your way to crossing the finish line as a true industry leader.??
Fortunately, M&D commercial agents are all provided much of what we just covered within their regular splits. M&D’s model ensures our agents not only have access to the latest tools and technology, but also the people behind the scenes to create content, nurture leads, fuel their pipeline and ensure their success. ?
Newer agents as well as seasoned agents who have joined M&D all benefit tremendously from our unique approach to marketing and support systems for agents, all included in a regular split. Our agents quickly get listings, increase their income, and see regular business and continued growth and success. ?
Again, while many other firms are laying off, M&D Commercial Group has already grown by 100% this year. If you want to be part of a winning team with industry-leading strategies that ensure agents’ success and have the client’s best interests at heart, look no further than M&D. ?
Join a firm that prioritizes its agents, fosters community, and ensures clients are the top priority in each and every transaction.? ?
? 2023 M&D Real Estate — All Rights Reserved
PR Expert
2 个月Great share Paige!
Digital Marketing Expert with technical skills and a positive attitude
3 个月Paige, thanks for sharing!
Empathetic Entrepreneurship Enthusiast | Win-Win Revolutionary Value Prospector | Igniting Entrepreneurial Brand's Potential, Witness Unparalleled Growth | Visionary SEO Expert | Scale the Sales and Marketing Endeavors??
11 个月Wow, these are some great insights on generating commercial real estate leads! As a digital marketer and SEO expert, I completely agree that embracing technology and leveraging social media are essential in today's competitive market. It's no longer a luxury, but a necessity for professionals like us. I particularly appreciate the emphasis on LinkedIn. It's a powerful platform that allows us to connect with potential clients, industry influencers, and fellow professionals. By sharing engaging and insightful content, we can not only showcase our expertise