Tag Archives: Real estate agent marketing

Lighting A Fire: How to Keep Real Estate Agents Motivated

Real Estate Coaching

Real estate is both a rewarding and challenging profession. Associates are constantly learning and are highly knowledgeable about local community issues and the national economy. While every transaction is unique, helping people achieve their dream of homeownership is a gratifying experience that never gets old. The passion your agents have for the real estate industry is why many home buyers and sellers choose your company over your competitors. Just like a high-performance engine needs an occasional tune-up to continue performing at optimal level, your agents also need some regular coaching and encouragement from you to stay motivated and achieve the best results for your brokerage.

Get To Know Your Agents

As a successful broker, you probably have a team of agents with diverse personalities. While a pep talk during an office meeting may fuel the enthusiasm of some agents for weeks, others respond to a one-on-one conversation with you about their individual business plans and revenue-based goals. You or your manager should regularly schedule a time to meet with each of your agents personally to discuss their current clients and transactions that are in progress. This also provides the management team an opportunity to learn more about them and their lifestyle. Understanding your agents helps know how to best to motivate each one of them and lend your experience where needed on deals that are in progress.

Acknowledge Their Strengths and Accomplishments

Recognition is one of the most effective methods of motivating your team. Everyone wants to be appreciated and respected, especially younger, or new to the industry agents. These agents in particular will need encouragement as they exrealerience the normal initial disappointments and setbacks of the selling process. Let them know you recognize that they have the potential to be exceptional real estate agents, while gently coaching them toward best practices.  Make a big deal of their first sale, and let them know they have a safe, professional home within your brokerage.

It is also important to let your experienced top producers know how much you appreciate them. Reliable agents who always do well can too easily be taken for granted. Allow them to mentor junior agents, as a sign of how much you respect their abilities.

Maintain a Great Work Environment – Every Day.

Motivating agents is not something that you can write on your to-do list and achieve in one day. Agents have different temperaments and they have good days and bad days. Brokers should strive to maintain a positive company culture that fosters agents’ creativity, teamwork, and passion for their profession. At Weichert, we have seen that the workplace culture of a brokerage often reflects a brokers’ personality. When thinking about motivating agents, be sure to take some time each day to remind yourself why you started a real estate brokerage and acknowledge that you have accomplished a lot of great things. Part of motivating agents is taking care that you are also motivated and feel good about the job you are doing, and the positive difference you are making in the lives of your agents, and the lives of your clients.

At Weichert, we know a few things about building motivated real estate team. We know that Realtors working together can accomplish great things. Our real estate franchise system is created by brokers, for brokers. For information on the benefits of partnering with Weichert, visit https://www.weichertfranchise.com/ .

Use Video To Enhance Your Personal Brand In 2020

In 2020, there is absolutely no denying that real estate agents and brokers need to make video a priority. Not only is video content important for helping your real estate website gain listing visibility in search engines, but it is also a powerful tool that helps potential clients connect with your personal style and brand.

The most common videos in real estate remain virtual tours; however, there are many other ways that you can use video to enhance your real estate brand and carve out a powerful name for yourself. Here are some practical ways that you can incorporate more video into your personal branding strategy from the experts at Weichert.

Translate Your Blog Posts Into Videos

Are you already generating a regular real estate blog or regular social posting? You can get more leverage out of every post by translating that content into a video. All you need to do is use your blog post like a script to showcase your expertise. Affordable software like ContentSamurai can create videos from your blog posts in seconds by automatically analyzing the content! You can also use videos to supplement your blogs. For example, if you write an article about how to stage a house to get it ready for the market, you could include videos of you showing them how to complete the steps in the article.

Interview Local Businesses

The top experts in branding and marketing will tell you that as a real estate agent or broker, it is in your best interest to make your company name synonymous with your market. In other words, when someone thinks of your market they should automatically think of you and vice versa. One of the best ways to accomplish that goal is to use content like videos to showcase your expertise on all things local. Take time to interview and feature local highlights on video, like restaurants, boutiques, schools, and attractions that make your market such a great place to live. Since those businesses will be grateful for the free advertising, they are likely to promote your videos as well, gaining you lots of extra and free exposure to potential clients.

Showcase Members Of Your Team

One of the best ways to help the community get to know your business and recruit new members to your team is to showcase those who are currently part of your team. For this tactic to be effective, you need each video to clearly communicate the following:

  • The agent’s role within the team
  • The agent’s specialty or niche
  • What makes them unique
  • Why they chose to work in real estate
  • Why they chose to join your team
  • What they love most about being a member of your brokerage

It is a good idea to feature these videos on your website, social media, a newsletter, and YouTube channel. When done correctly, each one of these interviews will provide confidence and social proof to clients who are considering hiring a member of your team, as well as and agents looking for a brokerage.

Gather Video Testimonials

Speaking of social proof, it is well worth your time to gather video testimonials from clients as well. Before hiring an agent to represent them in the largest financial transaction of their life, they want to know that other people just like them have had a positive experience with that agent. Video testimonials are more powerful than written ones because they can better communicate the emotion behind the words. Ask each client to tell the story of why they chose to work with you, what impact you made on the transaction, and what they enjoyed most about the process.

Profile Your Farm

Another extremely powerful way of pushing your real estate website up in the search engines is with hyperlocal content like neighborhood pages or profiles that showcase each city or neighborhood you serve. While there should be written content and links to any blogs that are relevant to each neighborhood, you should also include as many videos as you can. One easy way to do this is to ask the photographers that work your listings to do a drone shot of the neighborhood in addition to the house.

Becoming a master content creator with video will dramatically elevate your brand awareness and overall success. It should be one of the many tactics you employ as part of a comprehensive marketing plan. A partner like Weichert can give you the guidance and tools to own your market.

For more information about how Weichert can empower you to grow your brand, go to www.weichertfranchise.com.

How To Win the Real Estate Listings Battle

As we all know, one of the biggest challenges we’ve been faced with in the recent real estate market is the supply of listings. They are at a premium. So how does your company be the brokerage of choice when it comes to competing for listings that are out there? The good news is that by stepping up your game and in some cases, rethinking techniques both tried and new, you really can improve your ability to compete and win these clients. By delivering a stellar experience before and during your listing appointment, including an equally powerful listing presentation, you can give yourself a tremendous competitive edge. Here are some key ingredients of both.

Provide a Listing Experience.

We use the term “experience” here with great deliberation. The days of throwing a quick CMA together based on a few publicly available local sales is not going to cut it. In 2019, if you really want to stand out to buyers and sellers, you’re going to have to do more than that. The client experience with you starts the moment you first contact them to the day you complete the transaction (and beyond!) and every moment in between. Use all the tools and technology at your disposal to show them you are energetic, up-to-date and on top of the details. Don’t let your agents be tempted to discount commission. Instead, agents should use the entire listing experience as an opportunity to showcase their value by explaining how their skill set and resources will deliver the most desirable results. The entire client experience must show that you are professional, tech savvy, and someone they can trust to navigate the process.

Trust. Getting to know the client and their needs should be built in to the listing process, in addition to creating the presentation itself. Taking the time, demonstrating that you have listened, truly understand the home’s unique attributes and that you will do what you say you will do, will go a long way toward reassuring the Client that they will be in good hands.

Be Detailed. Be Consistent. And Show Exactly What You Will Do.

The listing presentation itself can speak volumes. A powerful template used consistently by your agents is the first step to ensure all clients receive a consistent experience from your brokerage. It should be customized to the sellers to make them feel special. The other benefits to having a set template is that it will give off the impression that much time was spent putting it together, adding to the consumer experience. The plan should walk the seller through all the steps of the process and clearly outline all the agent will do to sell the home. This helps paint a picture for the seller and puts their mind at ease that the agent has it together, is organized and has a very clear plan to get the job done. An agent simply giving a presentation that’s “All About Me” is not going to make the seller feel that the agent has their best interests in mind.

Make the Impression Last, Even After You’ve Gone

One of the common reasons that a listing is lost is that potential clients are left with too many unanswered questions after the agent leaves. One of the best ways of solving that problem is to give a comprehensive, professionally branded listing presentation, but make sure you leave behind something that summarizes all you discussed for them to review and digest.

Branding: A beautifully branded booklet that unifies your brokerage mission statement, your company values, and what makes you unique will showcase how committed you are. You can bet that sellers will see your listing presentation as an example of how you would represent them should they hire you.

Marketing Strategy: It can be easy for sellers to become confused between the offerings of various agents vying for their business. If the listing presentation clearly explains the marketing strategy that you plan to use for their property and the unique capabilities of your brokerage, it will be easy for them to understand what your team brings to the table.

Systems & Tools: Buyers and sellers are more educated than ever and they will favor agents that have proven systems and high-tech tools on their side. Outlining the technology resources that you implement to deliver the best possible results will show them that they are not just hiring an agent, but rather a large extended infrastructure of people, processes, and technology that brings diverse expertise and action to the problem of selling their home.

Weichert franchisees and agents have experienced first-hand how a listing presentation that incorporates each of these elements can elevate the overall listing appointment experience and significantly improve their success rates. Through our DOORS listing presentation and associated processes, Weichert agents clearly communicate their value, expertise, available resources and detailed, multi-channel approach to their marketing.

Give Yourself An Edge

As an independent broker, it can be hard to stand out from the pack. That’s why you need to make the most out of every listing lead you get. That’s also why a partner like Weichert can be so valuable to you. One of the investments we make on behalf of our affiliates is a great Listing Presentation and providing a system of listing a property that includes all the things discussed above. With our tools and an agent’s attention to the customer, it’s a winning combination for your brokerage again and again to help you win the listings game in your market.

For more information about this and all the tools and systems available to Weichert affiliates, visit weichertfranchise.com or contact the team at Weichert Franchising today at 877-567-3350.

Recruiting Top Real Estate Agents

Recruiting Real Estate Agents

Recruiting agents is the lifeblood of building your real estate brokerage. Agents will come and go and often it can feel like a roller coaster, but if you are constantly recruiting, you will keep your pipeline full and that will help minimize the ups and downs. It’s important to continually recruit a good mix of new and experienced agents. Above all, you want them to be productive and in alignment with the goals of your brokerage.  To keep them, you need to continually provide value that they will have a tough time getting anywhere else. Having a good group of experienced agents helps maintain continuous production, while newer agents get up to speed. They can also serve as role models.

How Will You Attract Experienced Agents?

As a savvy broker and business owner, you already understand the value of having a comprehensive business plan in place, but how often do you update and revisit it? It is helpful to create or update your business plan each year to help you stay on track, move the needle forward, and keep your goals front of mind. This plan should certainly outline how you intend to attract high-quality agents to your team and how many of them you need each year. At Weichert this is part of “knowing your numbers”. Here are a few ideas to consider:

  1. Create a Powerful Brand That Will Act as a Recruiting Magnet. For independent brokers, having a big brand presence in your local market is particularly important when trying to compete for seasoned agents. One story we hear over and over again from our brokers, is that recruiting got a whole lot easier the day they put the Weichert sign on their building. A big brand also helps with lead generation which is always a concern of established agents looking to change affiliation.
  2. Lead with Lead Generation. Even senior agents who have a good network are attracted to the possibility of quality leads that can come their way with little or no effort on their part. To the extent that you can show them a ready pipeline of these leads that come into your brokerage, you can demonstrate an advantage over where they are now. This is perhaps one of the strongest recruiting assets Weichert has, thanks to the Weichert Lead Network, a national system of advertising and technology that delivers online leads to live agents within minutes.
  3. Tools That Work. Then provide things like a CRM, listing presentation, professional personal branding and marketing materials that they don’t need to spend time creating themselves. Now you’ve positioned your brokerage as a place that provides value. Weichert, for example, provides its agents with a proprietary CRM, as well as listing and selling tools like our DOORS™ listing presentation, unique Price Trend Analysis, and “Getting to Know You” workbook, plus libraries of professionally designed marketing brochures and customizable templates for attracting clients and listing and selling homes.

The Power of a Brand In Recruiting

Part of the reason for the see-saw of agent headcount is often recruiting gets a lot of attention one week, then none for the rest of the month! What do you need to have a successful recruiting program? Here are some things to consider:

  • An annual recruiting plan
  • Defined recruiting activities
  • Professional marketing and presentation materials to use with recruits that presents your value
  • Consistent execution
  • Training to get agents up and running and productive fast

At Weichert, we believe recruiting is one of the key pillars to brokerage success.  This is why we provide our affiliates with guidance and support in each of the areas above. In addition, by providing agents with a full suite of selling systems, technology and marketing materials to support their business, we help our affiliates retain their agents by creating ongoing value. To learn more about the Weichert systems and the benefits they provide brokerages across the country, contact us at 877-567-3350 or view weichertfranchise.com.