Every real estate agent has made use of some type of real estate postcard marketing and advertising more than the span of their career. But several of these agents waste thousands of dollars a year simply because they do not make clever decisions about who to send their real estate mailings to and what the mailings need to contain.
As an agent for the past decade, I have produced a fantastic living by using genuine estate mailings to create expired actual estate listings. This article will explain how I do it and how you can use actual estate postcard advertising and marketing to beat your competitors and dominate your nearby market place. The very best aspect is, if you use these steps, you will save thousands of dollars every single year on your mailings and sell more houses than you ever have!
Step 1: Target Your Actual Estate Mailings
The greatest error agents make when beginning a advertising campaign is to make their address list far too major. The typical considering among agents is that the far more persons they mail to, the much more enterprise they will acquire. While this might be true, couple of agents know how to mail to a considerably smaller list and nonetheless generate the exact same amount of small business. Over the years, I have steadily decreased my mailing list size whilst drastically escalating my income. Right here are the tricks I use:
With rare exception, I no longer mail to complete neighborhoods (or “farm”). As an alternative, I target only expired real estate listings and these that have been withdrawn from the market.
As soon as I recognize the expired and withdrawn homes, I determine the houses I want to market place to. If a home is in a slow moving or depressed location, I take them off my list. I only target homes that have a higher probability of promoting. My understanding of the marketplace allows me to determine these homes speedily, but some homes I want to do additional investigation on. While this may perhaps take 5-ten minutes per dwelling, it will save time and cash on the true estate mailings (see below)
I scan every single of the expired genuine estate listings for the words “Short Sale.” If the home owner wants to negotiate a quick sale with the bank, it is just about never ever worth my time or the cost to add them to my campaign.
It may perhaps seem tedious, but these methods will recognize a list of residences in your market that are worth your complete consideration. Having a very targeted list of 1 to two hundred houses is far additional worthwhile than getting a list of thousands of houses that could not be looking to sell.
Step 2: Intelligent Real Estate Postcard Advertising and marketing
Now that you have spent the time to research and identify the withdrawn and expired actual estate listings, you’re ready to out-industry your competitors.
When the rest of the agents in your industry will have spent all of their cash sending one particular postcard to thousands of individuals, you can now devote a great deal significantly less funds sending various postcards to the little, targeted list you have developed. Here’s a list of things I send out to my small list:
On the first day the listing comes off of the marketplace, I send a jumbo, full colour postcard to the homeowner. This postcard needs to be massive and impressive, for the reason that the day the household is off the marketplace, lots of agents will send their a single and only postcard to the property. Make yours stand out.
On the second day, I send one more postcard to the household. This is commonly a smaller sized, complete colour 6 x four postcard. Make this postcard look comparable to your very first (i.e. similar logo, colors, and so forth). For my genuine estate postcard marketing and advertising campaign, this postcard tells the homeowner that I truly want to sell their house and I under no circumstances give up.
On the third day I send yet another jumbo complete color postcard. It utilizes the similar logo, colors etc, and says a thing to the effect of “See, I told you I never give up.”
Two days Later, they get yet another postcard asking “Don’t you want to sell your property? Why haven’t you named?” My competitors gave up on day two. I now have 4 advertising pieces delivered to this homeowner. The homeowner knows who I am and they know I want to sell their household.
The response to this campaign is unbelievable and though I do spend the funds to send 4, complete colour postcards (and sometimes a fifth adhere to up), simply because I was smart about my list, I’m spending a lot significantly less than my competitors and my true estate postcard promoting campaigns have an unbelievable rate of return!
Step three: Save Even A lot more Dollars on Your Genuine Estate Mailings
If you comply with my methods, you are going to already be saving thousands of dollars on your genuine estate marketing whilst generating a lot more income. Here’s how to save even a lot more on your genuine estate postcard advertising:
Use on-line printers and use a coupon! Many online printers that offer postcard printing give promotions and discounts.
Order your postcards in bulk all at when. I use the same postcards for each household, so I order all of my real estate postcard promoting supplies at the same time. I order them without postage and have them mailed to me. yoursite.com print out labels and affix the postage myself for every mailing. Most suppliers give discounts for orders more than 500 pieces.