Uploaded on Nov 21, 2023
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How to Generate Good Real Estate Leads in the US
How to Generate Good Real Estate Leads in the US An introductory slide for a presentation on strategies for generating real estate leads in the US market. Importance of Leads Generate new opportunities Gauge demand Stay top of mind Leads enable agents to connect with The number and quality of leads show how Following up on leads keeps agents top of potential clients and convert them to much demand exists for properties in a mind when clients are ready to buy or sell. customers. market. Generating and nurturing quality leads is crucial for real estate agents to build their business. Lead Generation Timeline 1985 The Multiple Listing 2005 Service (MLS) is Zillow launches, allowing created, allowing real home buyers to search estate agents to share listings online for free. listings. 1995 The first real estate lead generation companies are founded, selling leads from newspaper ads. “Good leads are the cornerstone of a successful real estate business. Without quality leads, even the best agents struggle to grow.” ROBERT KIYOSAKI Types of Leads Cold leads Warm leads Hot leads Prospects who have not shown previous Prospects who have shown some interest such Prospects who are actively looking to buy/sell interest in the agent or their listings as visiting open houses or requesting info soon and have contacted the agent directly Understanding the different categories of leads allows agents to prioritize and nurture leads more effectively. Lead Generation Methods Online Advertising SEO Open Houses Paid ads on social media and Optimizing your website and Hold open houses for listed Google to attract potential buyers content to rank higher in search properties to meet potential buyers searching online. engines for relevant keywords. in person. Referrals Direct Mail Ask past clients and your sphere of influence to refer you Send postcards and newsletters to homes in your farm to friends looking to buy or sell. area to generate new seller leads. Lead Nurturing Process Build Identify Leads Qualify Leads Make Offer Close Deal Relationship Use lead generation Assess leads to Nurture leads by Make a customized offer Follow-up persistently to sources like websites, determine if they are providing relevant to qualified leads when convert qualified leads referrals and events to ready to buy or sell real content and information they are ready to into clients and close identify potential leads. estate based on needs through emails, calls transact. deals. and time frame. and newsletters. Analyzing Lead Sources Lead Source Conversion Rate Organic Search 25% Referrals 15% *Data sourced from ABC Real Estate's 2022 lead generation report. Following Up with Leads • Call prospects quickly • Provide value Call or email prospects within 24 hours of receiving their Send prospects useful info related to their needs to contact info to increase conversion rates. show you can solve their problems. • Ask questions and listen • Remain patient and positive Ask prospects questions to understand their needs and Be patient with prospects in earlier stages and stay listen closely to build rapport. positive to eventually win their business. • Follow up repeatedly Follow up at least 3 times via phone, email, and mail to nurture prospects. Lead Management Tools Lead to Opportunity Conversion Rate Qualified Lead Percentage Measuring Lead Quality Lead Response Time Lead to Customer Conversion Rate Optimizing Lead Generation 1 Identify your ideal customers and what they need 2 Create targeted, valuable content to attract those customers 3 Use social media, email and website to distribute content 4 Follow up and nurture leads until they are sales ready 5 Analyze results and refine strategy over time
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