Are you doing live buyer farming right now?
If not, you're missing a huge lead generation opportunity.
So, what is live buyer farming? It’s simple. When you go out to show a home, use the 5-5-10 method: reach out to five homes on either side and 10 homes across the street. Send them a quick text or call saying something like:
"Hey, my name's Jim. I just showed your neighbor's property across the street. They love the neighborhood, but the home didn’t quite check all the boxes. Quick question—would you consider selling for the right price if you didn’t have to list your house and had plenty of time to find your dream home? If you’d consider it, give me a call, email, or text. I’d love to have that conversation."
What's the response rate on this? On average, one out of every 20 people you contact will be open to having that conversation.
This is a winning strategy for lead generation. You’ll start so many conversations that can lead to future...
Folks, let's retire the F word - follow-up.
You know how often you've had salespeople call you saying, "I'm just following up" or "I'm just checking in." It's not the best approach. It sets the tone of being an annoying salesperson, and we don't want that. We should aim higher and see our services as valuable.
Instead of using "follow up" or "checking in," try these alternatives:
Start with, "As promised, I'm calling you because I have that listing you asked about."
Or say, "I was thinking about you today because something interesting came across my desk."
Or perhaps, "I'd love to get your opinion on a strategy I have for maximizing your home's value. I know you're not ready now, but it'll work anytime."
Another option is, "I had a little time between appointments, and I thought I'd give you a quick call. I only have about five minutes, but I wanted to ask you something." This way, they know it won't be a lengthy call.
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