TAP 180. How to prospect when listing numbers are down. An interview with Scott Lachmund
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As a listener to the show, I have a special complimentary offer for you at https://www.raywood.net/ (raywood.net) A special welcome this week to new Bestagagents members Varinder Sharma from Kellyville in NSW Shannon and Samatha Smith from Queensland's Gold Coast Dean Bozunovic from Frankston in Vic and Silvya Saric from Wodonga Bestagents on the Murray River in Wodonga Victoria I'm excited to have the opportunity to work with you guys and the results you're already achieving are impressive. If you're familiar with my work and real estate success strategies, you’ll know I’m a big fan of what I call the real estate funnel and if you're looking to add better systems into your business, I'm going to make you a complimentary offer in a moment to help you make it happen. In marketing, a funnel is the system and strategy that attracts new paying clients into your business. The good news is that once a funnel is set up, it will work hard for you 24 hours a day producing leads, listings, sales and (this is what I love most about a good funnel) consistent success. And the really great news is that anyone can do it. You don’t need to be a national brand or super successful agent. It doesn’t matter where you are, whether your market is hot or cold or how long you’ve been in real estate. Let me ask you a question: Have you ever suffered the humiliating frustration of the good month-bad month income YoYo? One month you’re flying high and thinking about a new kitchen, updating your car or skiing in Italy. But the next month, you don’t quite feel that dopamine hit when you log in to your online banking to discover you’ve got too much month at the end of the money. And you had no idea that tax bill was payable so soon. If that’s you then that’s okay, because that’s been all of us at one time or another. And it’s almost like you need to experience the good month-bad month YoYo to know you don’t want it to happen again and you’re very motivated to work out how. Let me share a simple but vitally important fact I often return to with some of my coaching clients: (and the keyword here is FACT) You can’t expect different results when you keep doing the same thing. This can also happen when you decide to lift your numbers. Say you’ve done the same amount in GCI give or take for the last 3 years and you want to move things up. There’s no way it can happen if you’re rinsing and repeating the same strategies you used for those previous years. Businesses grow. So do people. So back to my funnel. Let me share the three essential stages that drive a good real estate funnel and of course, it goes without saying, the better each stage is serviced and enhanced, the better it will perform. The first stage and the top of your funnel is Attraction. Just how are you attracting your future clients, how many are you pouring in and how often? This is the most overlooked yet essential stage of your funnel. At Bestagents, we like top say the magic is in the numbers and this is exactly what we're referring to. What lead magnets are you employing to drive traffic to the top of your funnel and what is motivating or attracting these people to you? In the online marketing world they call this your offer or offer stack. ...and your lead magnet needs to clearly show, it's something of value your potential new contact will want. It’s the offer that causes attraction. What’s yours and how many do you actively employ? The second stage of your funnel is Nurturing. Real estate is a service. We generate a fee for that service by offering a solution to a problem. Now that your new contact is swirling around in your funnel, what are you doing to move them on into the narrow bit? Why are they staying? Why do they want to stay? What is it about you and your real estate business that compels them to hang around and not opt out from your messages? How are you helping them solve their problem? I believe the number one reason...
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