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REA University | Direct Marketing, FSBOs, Expireds and Farms 1
Cc``` SA
__________________________________________________________________
Real Estate Assistant
Certification Training Program __________________________________________________________________
Learn To Become A Highly Sought-After Real Estate Support Professional
REA UNIVERSITY
An organization dedicated to the
Real Estate Assistant Community
REA University | Direct Marketing, FSBOs, Expireds and Farms 2
www.REAUniversity.com 24 Kelley Crescent Wasaga Beach, ON L9Z 1J3 Canada Phone: (705) 422-1032 For more information on other programs and services, email us at [email protected].
Version 2.0 © 2008 - 2012 REA University
All rights reserved for entire book and audio/video programs. Reproduction or translation of any part of this work by any means without permission of the publisher is unlawful. Purchase of this training program does not grant you resell rights.
REA University | Direct Marketing, FSBOs, Expireds and Farms 3
Disclaimer and Terms of Use Agreement
The author and publisher of this training program and the accompanying material have used
their best efforts in preparing it. The author and publisher make no representation or
warranties with respect to the accuracy, applicability, fitness, or completeness of the contents
of this material. The information contained in this manual is strictly for educational purposes.
Therefore, if you wish to apply ideas contained in this training program, you accept full
responsibility for your actions.
Every effort has been made to accurately represent this product. There is no guarantee that
you will earn any money using the techniques and ideas in this program. Examples in this
program are not to be interpreted as a promise or guarantee of earnings. Earning potential is
entirely dependent on the person using the products, ideas and techniques. We do not purport
this to be a “get rich scheme”.
Material in our product and our website may contain information that includes or is based on
forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995.
Forward-looking statements provide our expectations or forecast of future events. These
statements can be identified by the fact that they do not relate strictly to historical or current
facts. They use words such as “anticipate”, “estimate”, “expect”, “project”, “intend”, “plan”,
“believe”, and in other words or terms of similar meaning in connection with a description of
potential earnings of financial performance.
The author and publisher disclaim any warranties (express or implied), merchantability, or
fitness for any particular purpose. The author and publisher shall in no event be held liable to
any part of any direct, indirect, punitive, special, incidental, or other consequential damage
arising directly or indirectly from any use of this material, which is provided “as is” and without
warranties.
As always, the advice of a competent legal, tax, accountant or other professional should be
sought.
The author and publisher do not warrant the performance, effectiveness or applicability of any
sites listed or linked to this program.
All links are for information purposes only and are not warranted for content, accuracy or other
implied or explicit purpose.
REA University | Direct Marketing, FSBOs, Expireds and Farms 4
This program is copyrighted by REA University. No part of this may be copied, or changed in any
format, sold, or used in any other way than what is outlined in this self-study or tele-program
format under any circumstances.
REA University | Direct Marketing, FSBOs, Expireds and Farms 5
About Your Instructor
Pam Ivey
Pam Ivey, Virtual Business Manager, author speaker and trainer is owner of the Pam Ivey Group of Companies (www.pamivey.com), which encompasses My Creative Assistant (www.mycreativeassistant.com), Visual Persuasions Canada
(www.visualpersuasions.ca), the Canadian Virtual Assistant Network (www.canadianva.net), REA University (www.reauniversity.com) and the VA Training Academy. A virtual assistant since 2001, Pam has partnered with top producing real estate professionals since 2003, providing marketing and branding, listing coordination, lead generation and contact management solutions.
Pam holds several designations including Certified Marketing Professional (CMP), Certified in Small Business Management (Cert SBM), Certified Professional Real Estate Assistant (CPREA), Certified Real Estate Support Specialist (CRESS), and Professional Real Estate Virtual Assistant (PREVA)
She has been featured in such publications as Michael Russer’s ePower News and Pennsylvania Realtor Magazine, as well as local publications, and participated as a supporting VA for Michael Russer’s Internet Bootcamp in Chicago. In 2006, Pam became a co-founder of the International Real Estate Assistants Association (IREAA), and led the Canadian division. After a dissolution of IREAA, Pam and Anna Baron co-founded REVA Institute (www.revainstitute.com).
Pam is co-author of the paperback: The Business of Being Virtual: Successful Industry Leaders Reveal Their Virtual Assistant Business Secrets, as well as a busy speaker, who leads seminars and talks about VA and business related topics across North America at various industry and other business events, such as the 2008 and 2009 Forum on Virtual Assistance (FoVA), the 2009 IVAA Live Summit in Montreal, as well as the Coaching Super Summit in Baltimore. Pam’s high-level goal is to help to increase the awareness of the virtual assistant industry with business leaders and influencers in North America and around the world.
Pam is creator of the Professional Real Estate Assistant Certification Program and the
Virtual Assistant Business Success Blueprint. She is co-author of The Business of
Being Virtual, an instructor at Georgian College, and co-founder of REVA Institute and
the Coaches, Authors, Speakers Professional Assistants Association (CASPAA).
REA University | Direct Marketing, FSBOs, Expireds and Farms 6
Preface
Why the Real Estate Assistant Certification Program Has Been Created
Real estate is an ideal industry for support professionals. Besides listing and selling homes,
there are a myriad of details “behind the scenes” that need to be performed for a successful
real estate business.
The life of a successful real estate professional is filled with activities and obligations that makes
it difficult for them to create time for prospecting and ultimately obtaining more clients.
List of major activities the real estate professional performs a regular basis:
Lead generation
Listing homes
Showing property to buyers
Desk/office duty
MLS and office tours
Regular office meetings (usually weekly)
Open houses
Attending home inspections
Attending member meetings, events and other social and business functions to keep
their name “out there”
So, you can see, a successful real estate professional is often busy getting in front of clients and
prospects, it leaves them little time to complete necessary “back office” functions and even
have a personal life. This is where you can step in and take some of these activities off their
plates, creating more time for them to get more business…and have a life too.
REA University | Direct Marketing, FSBOs, Expireds and Farms 7
What You Will Learn
Section I:
Introduction – To Lead Generation: Direct Marketing to Farms,
FSBOs and Expireds
Section II: Definitions - Introduces the student to the terms of real estate
direct marketing
Section III: Farm Campaigns
Section IV: FSBO Campaigns
Section V: Expired Listing Campaigns
Section VI: Conclusion
Section VII: Lead Generation: Direct Marketing to Farms, FSBOs and Expireds
DIRECT MARKETING, FSBOs,
EXPIREDS AND FARMS
REA University | Direct Marketing, FSBOs, Expireds and Farms 8
Introduction to Direct Mail, FSBOs, Expireds, and
Farms
Direct Marketing involves printing materials that is sent to a particular market or group of
people. Examples include former clients, expired listings or advertising promoted by the
real estate professional. The point of Direct Marketing is to get the agent’s name known
in his preferred market.
Direct Marketing is extremely important to any agent’s business. It is as important as
Internet Marketing. Any agent must have direct, concrete contact with his or her local
customers.
A Direct Mail strategy is relatively straightforward . The Direct Mailer creates hard copy
marketing materials that are sometimes individualized for each recipient and sends
them out to a particular group or market.
In this module, we’ll talk about several Direct Mail strategies. We’ll also provide you with
samples for illustration. An agent can do a great deal with Direct Mail, such as sending
out a weekly newsletter, postcards describing recent sales, a brochure with personal
information about the agent, custom imprinted promotional products, or advice for home
buyers. The possibilities are endless.
Direct Mail allows the agent to constantly change and expand the methods with which
she gets her name known in her preferred market.
The agent will likely rely on your expertise to create a Direct Marketing Strategy for
them. Your goal will involve creating timelines for your agent to determine and track
when the Direct Mail will and has occurred.
REA University | Direct Marketing, FSBOs, Expireds and Farms 9
But don’t worry. You have many options for creating Direct Marketing strategies. For
instance, you may do all of the Direct Mail writing, printing and mailing from your own
desk, asking only for a fee to cover your costs. You might, however, pay for the services
of a local printer and a mailing house to aid you.
The most important thing you need to serve your agent is to find what works for you
depending on your skills and desires.
Real Estate Direct Mail Definitions
Farms - A farm is the area that an agent does business, one that she claims some kind of
ownership over. The agent, with your help, often “cultivates” the farm through direct marketing.
People Farms - This refers to people your agent may relate to in a club or association setting.
These people may change their residence but often stay connected with these clubs or
associations.
House or Neighborhood Farm - House or neighborhood farms are made up of dwellings
outlined on a map and concentrated in one or a few areas. The agent reaches owners through
their properties. In a house or neighborhood farm, people come and go but the house remains,
so the occupants are the people agents will market.
SOI - Another acronym, SOI refers to Sphere-of-Influence. These are people the real estate
professional knows and would be apt to do business with them because they know them. This
includes family, friends, acquaintances, people they do business with, belong to groups and
clubs with, etc.
FSBO (prounounced Fiz-bo) - FSBO is the popular acronym for For Sale By Owners. These
are people who attempt to sell their own homes without enlisting the services of a real estate
professional.
Expireds - This is the term for expired listings, and those people who own the expired
properties.
REA University | Direct Marketing, FSBOs, Expireds and Farms 10
Farming Campaigns
Strategies for Direct Mail
Suppose you are asked to generate a direct mail strategy. We recommend you begin with “The
Millionaire Agent” written by Gary Keller, the founder of Keller Williams. We’ll review the three
strategies he details in his well-known book. Of course you won’t want to copy these strategies
directly. Rather, use them as a guide; you’ll want to personalize whatever you do to a large
extent, keeping in mind the target market and community of your agent.
Farming: The Keller 8 x 8 Campaign
Strategy #1 - 8 x 8 Campaign
The following is a schedule for the campaign you might offer.
Week One: —
The agent should drop off this package while introducing themselves to their farm.
Create a letter of introduction
Gather your agent’s Resume and Testimonials —
Design a Personal Brochure for your agent
Produce Business Cards
REA University | Direct Marketing, FSBOs, Expireds and Farms 11
Week Two: -
Create and send a recipe card, inspirational card,
Week Six: —
Produce and send a real estate investment or home maintenance tip.
Week Seven: —
Produce and send a refrigerator magnet, notepad, or other usable giveaway (not throwaway!) with your name, logo, and contact infomation on it.
Week Eight: —
Have your agent make another phone call inquiry to see if they received the giveaway, if they have any questions, if they're moving soon, etc. AND ask for a referral to anyone they may know that might be thinking of buying or selling.
Farming: The Keller 33 Touch Program
Strategy #2 - 33 Touch Program
18 Touches - A combination of eighteen emails, mailings, letters, cards or drop-offs (which should include the agent's business card) and may be one of the following: A letter of introduction, personal brochure, market reports, Just Sold or Just Listed postcards, holiday cards, personal newsletter, recipe cards, property alerts, real estate news or articles, investing news or articles, community calendars, invitations, service directories, promotional items, etc.
8 Touches - Thank you or "thinking of you" cards.
3 Touches - Telephone calls by your agent.
2 Touches - Birthday cards (husband and wife).
1 Touch - Mother's Day Card
1 Touch - Father's Day Card
* Source: The Millionaire Real Estate Agent, Gary Keller
REA University | Direct Marketing, FSBOs, Expireds and Farms 12
Farming: The Keller 12 Direct Program
Strategy #3 – 12 Direct Program
What follows are merely suggestions. Attend to the structure of the plan broadly for the main idea:
First Month: Produce and distribute an Introductory Letter, with a brochure, resume, business card and relevant testimonials.
Second Month: Produce and distribute a “Fun Facts” Postcard.
Third Month: Produce and distribute a “Dave Beson ” letter, perhaps concerning realtor values or integrity.
Fourth Month: Produce and distribute a website introduction letter and enclose a
business card.
Fifth Month: Produce and distribute a second “Fun Facts” Postcard.
Sixth Month: Produce and distribute a second “Dave Beson ” letter concerning a new
topic, such as realtor vision.
Seventh Month: Produce and distribute a third “Dave Beson ” letter concerning a third topic, perhaps concerning patience when selling your home.
Eighth Month: Send Out a Third “Fun Facts” Postcard.
Ninth Month: Send Out a Fourth “Dave Beson ” letter, perhaps covering the topic of personal convenience and enclose a business card.
Tenth Month: Continue to send out “Dave Beson ” letters, maybe this time covering
honesty in real estate transactions.
Eleventh Month: Produce and distribute another “Fun Facts” Postcard.
Twelfth Month: Send a final “Dave Beson ” letter, perhaps concerning realtor services
and enclose two business cards.
You can begin this cycle at any particular time. Further, you can rearrange the order of Fun Facts cards and Dave Beson letters. But do have a stack of Fun Facts postcards ready to send when your plan calls for it. —
Dan Gooder Richard offers various pre-made postcards and agent reports that mimic Keller’s that can be found at http://www.goodergroup.com .
* Source: The Millionaire Real Estate Agent, Gary Keller
REA University | Direct Marketing, FSBOs, Expireds and Farms 13
FSBOs (For Sale By Owners) Campaigns
Working For Sale By Owners, or FSBOs as they're better
known in the industry, (pronounced "fizz-bows") is often a
time-consuming activity but one that can reap great
rewards in the way of new business for the agent. And
because the best tactics are quite time intensive, they can
be a terrific way for you to assist the agent.
FSBOs are aplenty - especially in today's economic climate.
You know the ones, the people that believe that there's
nothing more to do to sell their properties than to stick a for
sale sign on the lawn and watch the people rush in with offers in hand.
FSBOs typcially try their hand at selling their own properties to save the real estate
commission they would otherwise spend if they used a professional. Many though, often
discover that it's a lot more difficult than they originally thought, and after a number of
no-show appointments, and less-than-optimum interest in their properties, turn to a real
estate professional in the end. You want the agent to be that professional, so you will
need to devise a plan to make your agent memorable and of course, perceived as one
who is well informed, reliable and competent to handle one of the largest transactions of
their lives.
According to NAR statistics, 75 per cent of FSBOs end up utilizing the services of a real
estate professional to sell their homes. Here are some additional stats:
For Sale By Owner (FSBO) Statistics
FSBOs accounted for 13% of home sales in 2008. The typical FSBO home sold for
$153,000 compared to $211,000 for agent-assisted home sales.
FSBO Methods Used to Market Home:
Listing on Internet/FSBO website: 45%
Yard sign . . . 42%
Friends/neighbors . . . 33%
Newspaper ad . . . 22%
Open house . . . 18%
REA University | Direct Marketing, FSBOs, Expireds and Farms 14
Most Difficult Tasks for FSBO Sellers:
Selling within the planned length of time: 13%
Getting the right price: 12%
Preparing/fixing up home for sale: 11%
Understanding and performing paperwork: 10%
Having enough time to devote to all aspects of the sale: 8%
Source: 2008 National Association of REALTORS® Profile of Home Buyers and Sellers
A working familiarity with “For Sale by Owner,” or “FSBO,” will help you work with an agent who
sees FSBOs as a source of business. The term is used to identify property, usually homes,
which are sold by the owner without help from a real estate agent. Typically, owners advertise
their properties by means of websites, classified ads, word of mouth, and other means.
Following are a number of ideas for keeping in touch with FSBOs and helping to keep the agent
top of mind in the instances that these people decide to give up their plans to go it alone.
Assist the Agent In Building A FSBO Campaign
Offering to create and monitor a FSBO campaign increases your value to an agent.
Among the tasks you can do are:
Offer to create a FSBO campaign via an action plan in the agent’s database, such as
Top Producer.
If the agent offers free FSBO material via ads or via his or her Web site, monitor the
emails from the FSBO in answer to the requests
Gather a list of current FSBO’s online. Some sites for doing so include:
HomesByOwner.com www.homesbyowner.com
For Sale By Owner.com www.forsalebyowner.com
FSBO.com www.FSBO.com
PropertySites www.propertysites.com
1-800-ByOwner.com www.1800byowner.com/home.asp
REA University | Direct Marketing, FSBOs, Expireds and Farms 15
ByOwner.com www.byowner.com
You could also suggest adding a FSBO section to the agent’s Web site which includes
a registration page that must be completed prior to the visitor reviewing the FSBO
properties. This allows you to gain contact information from the FSBO in order to market
to them.
Contacting FSBOs As A Buyer’s Agent
Often, an agent will contact the FSBO and ask if they work with Buyer Agents. The
agent can show the property to any buyer that is interested, and if he or she sells the
property, the agent earns a commission. Many agents will call the FSBO and ask if they
have permission to show the property to a buyer. Having initiated contact, they can offer
their services to list when they are ready to use an agent.
Important Note The unlicensed assistant (VA) cannot
contact the seller.
The key in contacting a FSBO and hopefully listing their home is being the first to get
them direct mail or email information on the agent’s services. You might send them a
package of information on the agent which would include:
A bio of the agent
Testimonials
Personal brochure with a cover letter introducing the agent
Useful information that would help the FSBO sell their home themselves, such as
a checklist for pre-qualifying potential buyers, typical real estate forms that may
be needed, etc.
A package including a CMA (Comparative Market Analysis) for the seller’s home,
together with a list of services the agent could offer the FSBO for a flat rate or
explain how the commission works.
REA University | Direct Marketing, FSBOs, Expireds and Farms 16
An offer to refer the owner to a good agent in their new location, should they be
moving out of your area.
Relationship Building
Why help the FSBO by providing such items as real estate forms and checklists?
As previously discussed, the great majority of FSBOs eventually enlist the services of a
real estate professional to sell their home. They will be more likely to engage the
services of a real estate professional who has been helpful and informative (know, like,
and trust factor).
It’s our job, along with our agent, to ensure that is us!
Enhancing FSBO Campaigns
Your Outlook databases and real estate specific databases allow you to create a
system for tracking the campaign to get the FSBO’s business.
Using Outlook for example, you would create a category under the agent’s name and
then another category called ‘FSBO’. You would list all the FSBO information in the
Contact Record. If there is a photo of the home, you can also insert it in this Contact
Record.
A better tool in building an ongoing FSBO campaign is the agent’s real estate specific
database. Such databases are designed to incorporate these types of campaigns.
Either Top Producer or Online Agent, the two leading real estate databases, give you
the ability to create “action plans”, a pre-planned series of contacts for any target group.
In this case, a FSBO campaign. Becoming familiar with the action plan function of a real
estate database should be one of your first goals as you learn the database.
Dave Beson’s FSBO letter campaign is included in Top Producer.
In addition to utilizing some sort of systemized tracking campaign, there are several
programs available that help in that effort. They include:
Mark McKee Success Strategies – www.moreclosings.com
Dave Beson’s LetterWriter Series – www.davebeson.com
Warnock – www.wbyowner.com
Landvoices – www.landvoice.com
REA University | Direct Marketing, FSBOs, Expireds and Farms 17
Two FSBO Campaign Ideas
Send A Letter A Day. Personalized form letters, combined with phone calls can lead to
a successful listing meeting.
Create A Free Service Package.
Research market values in the area, and your agent can knock on the door armed with
this information.
Phone For An Appointment.
Send Email.
FSBO Campaign Idea #1 - Send A Letter A Day
This system can be carried out with all FSBOs in the agent's farm or other targeted area without
any research beyond learning each FSBOs name, address and phone number. Enclose your
agent's business card with every mailing to ensure they remain top of mind if/when they decide
to enlist the services of a real estate professional to sell their property.
In a large kraft envelope, send a blank copy of a purchase
agreement. Hand-write a note (preferably on personalized
paper with photo, email and phone number):
Day One: "Sorry you're leaving us! Here's a copy of the form
you'll need to sell your house. If you'd like an explanation of
any of the terms, please give me a call. No obligation."
Day Two: In a #10 envelope, send a blank sellers' net sheet
and a hand-written note:
"Here's the form we use to figure your net walkaway dollars. Please feel free to give me a call if
you don't have the formula to figure these items. Again, no obligation."
Day Three: In a square envelope, send a blank Guidelines to Market Value form and a hand-
written message:
"We use this form to summarize the market price setting facts. If you'd like me to develop this
data for your home, please give me a call. No obligations, of course. We're here to serve you."
Day Four: Have your agent wait until they've received that day's mail, then knock on the door or
phone and say, " Hi, I'm ____________ with __________ (real estate company name). Are you
getting the forms I've been sending to help you market your home?"
REA University | Direct Marketing, FSBOs, Expireds and Farms 18
People will often feel obligated to give the agent some details about their home because they've
been providing them with useful information. They can then continue to work the lead depending
on how warm or cold.
FSBO Campaign Idea #2 - Create & Provide A Free Service Package
Develop a package of written material to help the FSBO market their home, and offer it
to them at no cost during an evening phone call. The package should provide
information they can use, and it should also introduce them to the complexity of real
estate transactions.
The package should consist of flyes and blank forms. The flyers should be created on
the company letterhead and contain your agent's phone and contact information.
This package can contain:
Real Estate Purchase Contract/Agreement
Receipt for Deposit
Buyer's Net Sheet
Seller's Net Sheet
Power of Attorney form
Guidelines to Market Value
Advertising Rates & Numbers ot Call to Place Ads in Local Newspapers and
Magazines
A Tip Sheet On How To Get Your Home Ready For Sale
A Tip Sheet on How To Ready Your Home for the Open House
Federal and State/Province Financiing Plans Available to Finance the Purchase
of the Home
A Brief Discussion of Conventional Home Financing
Fixed Rate and Adjustable Rate Mortgages
Your Agent's Latest Newsletter
REA University | Direct Marketing, FSBOs, Expireds and Farms 19
List of Items Needed to Complete the Sale (i.e., termite inspections, roof
inspections, appraisals, assessor's parcel number, legal descriptions, building
permits for any improvements, title insurance, etc.)
REA University | Direct Marketing, FSBOs, Expireds and Farms 20
Expired Listings
An expired listing is a property that was listed by another agent but that did not sell
during the time of the listing agreement. Expired listings are a good source of business,
one that many agents pursue avidly.
Most MLS systems contain a list of expired listings. Should your agent wish to conduct a
campaign to list expired listings, you might be the person in charge of monitoring the
MLS each day so that you can present him or her with a list of the new expireds. You
can create a spreadsheet or some other kind of document that lists the property
address, owner’s name and any information available from the previous listing, such as
the price of the property.
Your agent might want you to begin an automatic contact campaign as soon as the
expired listing comes through. Keep in mind that as with any campaign or program you
put in place for your agent, he or she will want to have input as to how the campaign is
to be conducted.
Other Items To Consider When Undertaking FSBO Or Expired Listing Campaigns
As with any other facet of the agent’s business, it is important that you are the “detail
person.” In other words, your job is to adequately track your efforts and activities. A few
things to consider include:
You should provide the agent with a weekly list of all the expired and FSBO’s that have been contacted.
You will also need to keep track of all expenses involved in your marketing efforts.
Provide accurate and timely feedback whenever you have contact with an expired or FSBO
Note: The unlicensed assistant/VA cannot contact an expired or a
FSBO directly. This would be considered prospecting and is not legal
in most states and provinces. You can write letters, send material, etc.,
but you can’t literally talk to anyone about a property.
Note: The newer privacy acts prohibit direct contact with Expireds in many areas. What may be permitted is promotional efforts to a neighborhood that includes the expired listing. Check your state or provinces regulations to ensure your intended campaign is permitted.
REA University | Direct Marketing, FSBOs, Expireds and Farms 21
Just Listed and Just Sold Postcard Campaigns A popular marketing strategy is to distribute ‘Just Listed’ and ‘Just Sold’ postcards. When a new property is listed, creating a ‘Just Listed’ postcard and having it distributed to the surrounding neighborhood not only lets people know the property is on the market, but also serves to increase the awareness of the real estate professional.
10-10-20
There is a terrific method to use ‘Just Sold’ postcards that I learned from one of my highly successful clients (he was in the top 3 for his franchise in all of Canada). It’s called the 10-10-20 technique, and I believe he learned it from one of his coaches. Pass it along to the agents you work with: Create a ‘Just Sold’ postcard for a property that has just closed. The agent personally knocks on the doors and hand-delivers the postcard to 10 houses on the left of the property sold, 10 houses on the right, and the 20 houses across the street. This gives the agent the opportunity to introduce herself and to inquire if these property owners are considering selling. Many a new listing has been signed by my client in this manner. The real estate business (along with a great majority of other businesses), are built on relationships, and this is an excellent way to foster them.
Newsletters and eZines Another way to build relationships is to regularly keep in touch with farms and other potential and past clients by creating and distributing a regular print newsletters or online ezines. Provide readers with information they will find interesting and valuable, such as current market updates (the state of the current real estate market, number of properties listed and sold in their area, homeowner maintenance tips, recipes, etc.). A message from the agent can help to keep it personal and allow the reader to get to know her.
Property Value Postcard You’ve probably seen a postcard from a local real estate professional that says something like, “Find out how much your home is worth.” These can be very effective in persuading prospective clients to contact the real estate professional for a complimentary, no obligation CMA (competitive market analysis).
Offbeat Idea
REA University | Direct Marketing, FSBOs, Expireds and Farms 22
Here’s an idea I came up with when I was working with an agent in Alaska that we found quite successful. Alaska, being a state that a lot of people move in and out of, referrals often play an important part in a real estate professional’s earnings. In order to cultivate referrals from out-of-state agents, we created an ezine for other real estate professionals. In it, we included information that would interest them, such as marketing tool reviews, personal sales improvement articles, along with market information from my broker’s area and an outline of his referral program.
Exam
Please proceed to the Direct Marketing examination.
REA University | Direct Marketing, FSBOs, Expireds and Farms 23
Other Modules that Constitute the Certified
Professional Real Estate Assistant (CPREA) Program:
Introduction to Real Estate
Identity and Branding
Real Estate and Technology
Direct Marketing, FSBOs, Expireds and Farms
Social Media for Real Estate
Lead Management
Listing Coordination
Transaction Coordination
*All 9 modules must be successfully passed to use the CPREA designation.
To learn more about the program or enroll in the next module in the series, visit
www.REAUniversity.com.