revised edition an agent’s guide to upshifting your lead generation find the motivated...
TRANSCRIPT
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REVISED EDITION
An Agent’s Guide toUpshifting Your Lead Generation
Find the Motivated
Breakthrough to Mastery
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2An Agent’s Guide to Upshifting Your Lead Generation
Main Ideas
1. Perspective
2. Outwit, Outplay, Outlast
3. Find the Motivated
4. Sources of Leads
5. The Bottom Line
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3An Agent’s Guide to Upshifting Your Lead Generation
Perspective
The Market Has Shifted in Many Areas Amount of Leads Has Diminished Lead Generation Is Your Business
Fewer leads, fewer showings, and increased days-on-the-market—the minute these signs show up, take notice. Don’t ignore them and don’t wait to act.
From SHIFT:How Top Real Estate Agents Tackle Tough Times
Page 7
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4An Agent’s Guide to Upshifting Your Lead Generation
Perspective (continued)
Do a Mind Shift» Negative framing» Reality framing
When there’s a will there’s a way. That’s your mindset.
Gary Keller
Pages 9-10
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5An Agent’s Guide to Upshifting Your Lead Generation
Perspective (continued)
Know the Facts» Buyers and sellers use agents» Agents
• 1,357,993 in 2007
» Projected transactions for 2008• Existing home sales – 5,700,000 units• New home sales – 693,000 units• Total 6.4 million transactions, or 12.8 million sides
Pages 11
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6An Agent’s Guide to Upshifting Your Lead Generation
Perspective (continued)
Facts and Statistics
Page 12
What’s your current mindset on lead generation?
Jot down your feelings, emotions, expectations, and commitment. Share them with the group, if you feel comfortable doing so.
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7An Agent’s Guide to Upshifting Your Lead Generation
The Power of One
Personal Assessment
Page 13
What is your goal for closed transactions this year?
How will you spend your money?
Who holds you accountable?
How many hours daily do you lead generate?
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8An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast
To Master Lead Generation1. Study
2. Practice
3. Time on Task
Let’s look at each of these …
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9An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
1. Study» For thirty minutes to one hour each day,
study the industry and your local market.
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10An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Study Topics» New developments in the community» Homes on the market—preview them» Selling and negotiating techniques» Financing options» Building/construction» Home inspections» Home appraising
Study topics continued …
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11An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Study Topics» Local and national media messages» Industry-specific news and information
• NAR• Inman News• REAL Trends• www.realestatetomato.com
» Real estate investing» Technology—computer, phone, Internet,
blogsPage 16
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12An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Study Your Own Market Numbers
Page 17
» Number of homes sold
» Number of homes on market
» Number of homes pending
» Number of expired listings
» Average number of days on market
» Average list price of those that sold
» Average sales price» Months of inventory» Average interest
rates
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13An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
In the Market
Page 17
What price range is most active in your market?
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14An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Study Resources—Books» National best sellers by Gary Keller
• The Millionaire Real Estate Agent
• The Millionaire Real Estate Investor
• SHIFT: How Top Real Estate Agents Tackle Tough Times
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15An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Study Resources—Websites
Page 18
Gary’s website www.AgentMountain.com
Free weekly audio classes
Business by the Book
www.millionairesystems.com
Audio advice from Dave Jenks
Wealth Building Wednesdays
www.wealthbuildingwednesdays.com
Subscription website of Keller Williams University
KWConnect on the KWU website, Role Model videos https://secure.kw.com/kwu/
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16An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
More Resources» Events
• Masterminds• Mega Camp• Family Reunion
» Coaching• MAPS Coaching
» KWU Courses• CAMP 4:4:3• Lead Generation 36:12:3• Buyer Mastery• Seller Mastery
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17An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Confront the Media» Real estate is a local business, media is national» The facts about your local market are what’s
important» Be the local economist and be the media» Reframe negative messages
Pages 19
Would-be buyers and sellers are looking to you for perspective and solutions. Every day, you face profound opportunities to assure them that the sky is not falling.
Mary Tennant
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18An Agent’s Guide to Upshifting Your Lead Generation
Your Priorities for Study and the Media
Page 20
What do you need to study?
How can you become the media?
Outwit, Outplay, Outlast (continued)
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19An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
2. Practice» For thirty minutes to one hour each day,
study the practice scripts and dialogues.» Benefits
• Confidence• Excitement• Desire to have conversation and make
presentations
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20An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Pages 22
Sources for Scripts» Lead Generation 36:12:3 Power Sessions» CAMP 4:4:3 Script Cards» MREA Scripts Catalogs» Buyer & Seller Scripts: Handling Objections in a
Shifted Market» Buyer Mastery» Seller Mastery
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21An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Page 23
Practice Scripts» Listen to others» Write them down» Keep them with you to practice and use
Time Block for Practice Record and Critique
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22An Agent’s Guide to Upshifting Your Lead Generation
Your Practice Plan
Page 23
When will you practice?
Who will you practice with?
What will be your reward?
Outwit, Outplay, Outlast (continued)
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23An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
3. Time on the Task» For three hours each day focus on lead
generation• Time block three hours every workday before
noon• No skipping—if you erase you must replace• Allow no interruptions (unless they are truly
emergencies)
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24An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
3. Time on the Task» What to do in three hours
• Prepare• Take Action• Maintain
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25An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Page 26
No Excuses to Lead Generate» If you … don’t like to cold call strangers
then … start by calling people you know» If you … spend all the morning with email
then … time block to do this later in the day» If you … can’t reach people in the morning
then … “touch” them with a voice mail message
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26An Agent’s Guide to Upshifting Your Lead Generation
Outwit, Outplay, Outlast (continued)
Page 27
Set Lead Generation Goals» Number of calls» Number of contacts» Number of additions to your database» Number of appointments with buyers» Number of appointments with sellers
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27An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated
Page 29
Two M’s of Lead Generation1. Method
2. Message
You can motive-aid someone … but you can’t motivate them.
From SHIFT
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28An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated
Page 29
The Methods1. Prospecting
2. Marketing
Great agents do both prospecting and marketing well. They cover both bases.
Gary Keller
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29An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated (continued)
Pages 31-32
The Message Matters» Match the market» Make an offer
Message
Your message must Match Your Market
Your message must Make an Offer
1 Target
Audience
2 Market
Conditions
1 Direct Offer
2 Indirect Offer
Response
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30An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated (continued)
Pages 33
Make Offer for Immediate Response
MOFIR
The more immediate the response, the more motivated the lead!
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31An Agent’s Guide to Upshifting Your Lead Generation
Your Message
Page 34
Write 5 statements you can say to potential customers about the market, the opportunity, and your expertise.
Find the Motivated (continued)
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32An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated (continued)
Page 35
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33An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated (continued)
Page 36
Prospecting Offers for Direct Response» Are you thinking of moving?» Do you want me to help you get the home of
your dreams?» Are you considering selling your home?» Do you want me to handle the sale of your
home?
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34An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated (continued)
Page 36
Prospecting Offers for Indirect Response» I’m doing a survey in the area. Would you mind
if I asked a few questions?» I just sold a home down the street and there
were lots of interested buyers. Do you know anyone else who might be interested in selling their home?
» I create a newsletter with great information about real estate trends in your area. May I send it to you?
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35An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated (continued)
Page 37
Marketing Offers for Direct Response» If you want to sell your home NOW, call me.» Are you looking for your dream home? Call me.
Marketing Offers for Indirect Response» Would you like to know the value of your home?
Visit my website …» Get access to my list of best buys! Call this toll-
free number …
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36An Agent’s Guide to Upshifting Your Lead Generation
Find the Motivated (continued)
Pages 38
Indirect Response Plus Direct Response» The one-two punch
• Indirect (begin with this Indirect Response)I just sold a home down the street. Do you know anyone else who may be interested in selling their home? No, well thank you anyway.
• Direct (follow up with this Direct Response)Before I leave, do you mind if I ask another question? Are you considering selling YOUR home?
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37An Agent’s Guide to Upshifting Your Lead Generation
MOFIR
Page 40
Complete the table on page 40 in your guide.
Find the Motivated (continued)
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38An Agent’s Guide to Upshifting Your Lead Generation
Sources of Leads
Pages 41
Choices » Prospecting» Marketing
(Review list of choices from The Millionaire Real Estate Agent, on page 41 in the guide.)
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39An Agent’s Guide to Upshifting Your Lead Generation
Sources of Leads
Pages 43
Focus on Prospecting » With Direct Response offers—quickest path to
business» Cost is low» Can be mastered
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40An Agent’s Guide to Upshifting Your Lead Generation
Sources of Leads (continued)
Page 44
Environment for Prospecting » No distractions—preferably a closed door» Mirror—to watch your expressions» Scripts—to know what to say» No interruptions
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41An Agent’s Guide to Upshifting Your Lead Generation
Sources of Leads (continued)
Pages 44
Get in the Path of Business» Sellers
• Expired listings• FSBOs
» Buyers• Open houses• Investors
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42An Agent’s Guide to Upshifting Your Lead Generation
Sources of Leads (continued)
Page 46
Get Back to Your Mets and Past Clients» Greatest source of referrals and repeats
• Remind them you’re in real estate• Update them on the market• Be enthusiastic and positive• Ask for business and referrals • Treat them special
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43An Agent’s Guide to Upshifting Your Lead Generation
Sources of Leads (continued)
Page 47-48
Try Something New» Get out in your community» Internet
• Blogs• E-zines• Video email• Multimedia cell messaging• MySpace, Facebook, Craigslist, and LinkedIn
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44An Agent’s Guide to Upshifting Your Lead Generation
Sources of Leads (continued)
Pages 49-51
Try Something New—More!» Builders» Ethnic groups» Generational groups» Uncover buyers
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45An Agent’s Guide to Upshifting Your Lead Generation
Sources of Leads
Page 51
What new sources of leads will you explore?
By when?
Sources of Leads (continued)
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46An Agent’s Guide to Upshifting Your Lead Generation
The Bottom Line
Page 52
Get Going!» Shift your mindset» Study your market and industry daily» Practice what you say daily» Lead generate three hours daily» Use Direct Response prospecting» Find the motivated buyers and sellers» Ask for business
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47An Agent’s Guide to Upshifting Your Lead Generation
Productivity Boosters
Page 53
Offer market snapshot Stay on schedule with electronic calendar Take advantage of free marketing materials Increase exposure with blogging Purchase lists of prospects
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48An Agent’s Guide to Upshifting Your Lead Generation
My Action Plan
Pages 58 - 59
Don’t put away this guide without developing a plan to put what you have learned into action!
Refer to the Action Plan on pages 58-59 of the guide to assess your strengths and areas for improvement.
Write down steps you will take to improve your skills—complete it, share it, and commit to it!
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49An Agent’s Guide to Upshifting Your Lead Generation
Take the other courses in the Breakthrough to Mastery Guide Series!
Gaining Mind over Market Seller Pricing Strategies Seller Staging Strategies Lead Capture and Conversion Internet Lead Capture and Conversion Creating Urgency to Buy Bulletproofing Transactions Expense Management Effective People Leverage Short Sales, Foreclosures, and REOs Financing Solutions
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50An Agent’s Guide to Upshifting Your Lead Generation
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