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The Single Best Real Estate Marketing Tip

Want a real estate marketing tip?

Use real world client testimonials.

Adding testimonials can add credibility to a real estate marketing program. When the testimonial comes from a known source, like a neighbor, that power increases tenfold. So how do you go about using testimonials?

An easy but effective formula:

  1. Place a testimonial at the top of your piece, in headline fashion.
  2. Followed up with your message, giving specifics of the transaction — the number of interested buyers that came through, the time it took to get a contract. (Or other relevant data from a buyer agent transaction).
  3. Then offer to help the reader in the same way.
  4. End with your offer and call-to-action.

Create a testimonial “harvesting” system:

The easier your testimonial gathering system is, the more likely you’ll do it on a regular basis. Put something down on paper. Map it out. Make it a point to solicit a testimonial from each client X-number of days after the transaction.

Follow your timeline consistently. And be sure you make it clear how you will use the testimonial (simply by using the phrase “in my marketing efforts”).

Use your client’s full name and address whenever possible. When you write a testimonial-request email or letter (or call them on the phone), ask if you can include their full name and address. Explain that it makes the testimonial more believable than something signed by “R. P. from Houston.”

For example, if you lived at 344 Elm Street, Houston, TX, which of the following testimonials would capture more of your attention:

One signed by J. Riley, Houston, TX?

Or one signed by John and Beth Riley, 357 Elm Street, Houston, TX?

Send thank-you cards or a small gift to testimonial providers. This will boost your referral rate. Besides, it’s just plain nice (and there’s plenty of room for nice in today’s business world).

Use the complete testimonial:

Open your newspaper up to the movies section and you’ll see testimonials that look like this:

“…great…”

“…superb…”

“…astounding…”

Besides the fact that these snippets are worthless, what’s the first thing they bring to mind? If you’re like me, you might say they look like they’ve been taken out of context by a tricky writer. Use the full testimonial, or at least the full sections that are most applicable.

Testimonials carry more power than anything you might say about yourself. Create a simple harvesting system and follow it consistently. Be honest about your intentions. Send a thank-you card or small gift.

Brandon Cornett has worked as a writer and advertising manager within the direct mail industry. He now dedicates his time to helping agents and brokers improve their marketing.  Download his “Modern Guide to Real Estate Marketing” .

Tags: real estate investor, realtor, real estate, real estate investing, real estate marketing

Written by Mike Taylor in June 23rd, 2008 

Home sales continue to fall

Sales of existing homes fell for the sixth straight month in January, dropping to the slowest sales pace on record. Median home prices were also low. Many analysts predict further price declines in the months ahead given high levels of unsold homes.

The National Association of Realtors said Monday that sales of single-family homes and condominiums dropped by 0.4 percent last month to a seasonally adjusted annual rate of 4.89 million units. That was the slowest sales pace, going back to 1999, and was seen as evidence that the steepest slump in housing in a quarter-century has yet to hit bottom.

Read The Full Article

Tags: realtor, real estate, real estate investing, real estate marketing, real estate investor

Written by Mike Taylor in May 21st, 2008 

Real Estate Websites, are a Realtor’s Best Friend

A majority of potential home buyers use the net to find homes. As an agent, if you do not have an effective real estate website to promote yourself, you are missing out on valuable leads.

Think about it, print advertising can be very expensive, and direct mailings are time consuming in addition to the cost.

However, once you set up your website, it will be working for you each and every day, getting you business. Many potential customers will start with a search on their favorite search engine. .

Email is a great resource for Realtors too. It keeps you in contact with many clients, and helps them stay informed regarding new listings. There are many programs that allow you to set up automatic email responses. This means that clients can fill out a quick form detailing what they are looking for in a property, and emails will be sent out to them every time a new property meets their criteria. It saves them search time, and they feel they’re receiving quality service. This also helps you build a database of email addresses for you to send marketing materials to.

With just a little time to set up, your website will bring you business all day, every day!

Tags: real estate investor, realtor, real estate, real estate marketing, real estate investing

Written by Mike Taylor in April 25th, 2008 

Real Estate Postcard Marketing - Does it Still Work?

Every once in a while, a real estate agent will email me with some form of this question: “Do real estate postcards still work?” Because they use the word “still,” I have to assume they feel real estate postcard marketing was more effective in the past than it is today. I usually respond in a way that is cryptic at first but makes sense eventually.

I tell them that bad real estate postcards don’t work today, and they didn’t work ten years ago. But good real estate postcards work as well today as they always have. You see, the medium itself hasn’t become any less effective over the years … just the people behind the medium. Many real estate agents have not adjusted their postcard marketing approach to keep up with the times. Trust me on this one — I worked in the real estate postcard industry. Continue reading →

Tags: real estate investor, realtor, real estate marketing, real estate, real estate investing

Written by Mike Taylor in April 13th, 2008 

Marketing For Real Estate Agents

How effective is your current real estate marketing?

Are you wasting hundreds of dollars each year on marketing efforts that doesn’t follow through?

Learn how to build a profitable niche market that will help narrow your focus so you spend less and earn more, position yourself as an expert in your niche market, develop your own compelling marketing message, and eliminate any competition. Read More

Tags: real estate investor, real estate investing

Written by EdgarA in March 29th, 2008 
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