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Strategies to Win Listings

Low-Cost Strategies to Win Listings

grow your business insignts real estate marketing strategies tips for realtors Jul 17, 2024

In the competitive world of real estate, securing listings can be challenging, especially when working with a limited budget. However, with the right strategies, you can effectively win listings without breaking the bank. Here are some low to no-cost strategies that can help you stand out and succeed in winning listings. 

Magic Buyer Letter Strategy

Overview: The Magic Buyer Letter Strategy involves using pre-qualified, motivated buyers to source off-market listings. This method is effective, budget-friendly, and doesn’t require a significant time investment.

Example: Jeremy Applebaum successfully utilized this strategy by sending a personalized letter to fewer than 200 people, resulting in five inbound calls and an additional listing. Key elements of the letter include personalization, a direct appeal to potential sellers, and clear, concise information.

Implementation Steps:

  1. Write the Magic Buyer Letter:

    • Clearly state the buyer’s qualifications and motivations.
    • Encourage recipients to contact you if they have any thoughts of selling.
  2. Use Multiple Channels:

    • Send letters, post on social media, create short videos, and send emails to your database.
    • Example: Jason Cassidy’s Instagram video targeting potential sellers in a specific area with a $2 million buyer.
  3. Email Campaigns:

    • Inform your database about your buyer's needs and your upcoming calls to the neighborhood.
  4. Circle Dialing:

    • Call around neighborhoods, using the buyers' needs as a reason for outreach.

Expanding the Campaign

  1. Postcards:

    • Create localized marketing pieces like postcards with user-generated content (e.g., maps with drawn areas).
    • Example: Jason Cassidy’s postcard campaign secured a $3.5 million listing.
  2. Social Media and Video Marketing:

    • Utilize platforms like YouTube, TikTok, and Instagram to distribute short videos about your buyers’ needs.
  3. Promoting Success Stories:

    • Share successful outcomes of your campaigns as marketable moments.
    • Example: A story about helping buyers find off-market listings can be used to attract more sellers.

Additional Tips

  1. Map Your Influence:

    • Upload your database into Google Maps to visualize your network and identify potential contacts in desired areas.
  2. Engage with Your Community:

    • Reach out to known contacts in the area before broader cold outreach.
  3. Showcase Effort and Results:

    • Demonstrate the hard work and marketing efforts that go into securing listings, including stats, stories, and detailed marketing data.


 

Closing Thoughts

Winning listings in a competitive market doesn’t always require a large budget. By leveraging these low-cost strategies, you can effectively reach potential sellers and secure more listings. Remember, marketing and consistent effort are key, especially in challenging markets.

For more personalized coaching and insider strategies, consider joining REIGNation. Our coaching and resources can provide you with the edge needed to excel in real estate. Connect with us at [email protected] or 561-475-4386.

By incorporating these strategies into your real estate practice, you can maximize your resources, expand your influence, and achieve greater success in winning listings. Join REIGNation today and take your real estate career to the next level.

 



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