Relationships are ultimately what drive business for real estate professionals. The last person you helped buy a home can refer you to their friends and family. So can the mortgage broker that you routinely recommend to your clients, or the construction crew that you worked with to fix up a house you were listing. When delighted clients and business partners choose to publicly share about their positive experiences with you, you win.
But leaving things to chance – that your clients or business partners will naturally talk about you without any prompting – is too risky. The health of your business depends on your reputation: how other people perceive and talk about you. As a real estate professional, you can and should be intentional about your word-of-mouth marketing strategy in order to stay top-of-mind and continually earn new business.
It sounds obvious, but as a real estate agent, it’s worth the effort to build and maintain relationships with other local businesses, from mortgage brokers to house painters to landscapers, as part of your real estate marketing plan. Not only will you be a resource to your clients when they’re in need of a recommendation, but you’ll ensure that those other businesses refer you first to their clients.
Consider hosting a backyard BBQ or evening mixer at your house and invite all of your business partners and affiliates so that everyone can network. If you provide value to them, they’re more likely to send business your way.
Creating video content can seem daunting, but you may already have what you need right at your fingertips. If video isn’t yet part of your marketing toolkit, you can start small by using your phone to record a video walk-thru of one of your listings to promote an upcoming open house. Post the video to YouTube, and be sure to include a title and description (with the property address and features) so it ranks higher in search results when people are searching.
Not only does Benjamin donate 10% of his commissions back to the school district, which encourages the schools to refer him, but he also volunteers as an advisor in their entrepreneurship institute, teaching real estate investing to local students.
Like Benjamin says, schools are core to the local community, and finding ways to support the school – whether financially or through volunteer efforts – can ingrain you as the go-to agent.
Tap into your hobbies – from running to pottery making – and connect with others who share your passion in order to meet new people. Building relationships through shared experiences makes it more likely for people to trust you and employ your expertise. Don’t forget to make sure you’re getting involved because you genuinely enjoy the activity, not just to find new business.
Each t-shirt costs Kris about $15, including shipping, and he said each one results in a return of thousands of dollars.
An incentive is sometimes the extra push it takes to get clients to sit down and write a review of your business. Consider providing something that helps build awareness or that serves as a conversation piece to extend the life of your positive review.
75% of the members on Nextdoor are homeowners, so becoming a Neighborhood Sponsor allows you to target your marketing to specific ZIP codes and tap into an audience that may be looking to sell their homes.
You may share two custom content posts each month, so you can build your brand by sharing your local expertise, promote your listings, or engage with neighbors about what’s going on in the community with a real estate poll. See some examples of what Neighborhood Sponsors share with their monthly posts.
If you’re a real estate agent, you can implement these real estate marketing strategies today. If you’re not yet on Nextdoor, get started today by claiming your free Business Page.