Real Estate Magazine - Inside Real Estate - December 2021

Page 34

COACHING • Send a copy of your “Top Resources Home Guide” complete with service providers who have earned a high rating. Your reference guide provides clients a level of comfort that comes from the endorsement of other homeowners.

How Past Clients Lead to Future Business By Terri Murphy

W

hat kind of score do you give yourself when it comes to nurturing past clients? Strengthening these relationships will place you ahead of the competition and set you up for continued success. It’s baffling trying to understand why agents pay for leads that are sold and resold through multiple lead generation platforms, who then wonder why their conversion rates are low. Top producers know that creating the connection with a client is the challenging part, but the real money comes after the transaction is closed and the datamining starts. The more unique and personalized your service model, the more likely that one sale will develop into more. Too often, agents think “transactionally” and miss the greatest opportunity for leveraging one transaction into many in the form of referrals. When you ask agents to share their action plan for nurturing and retaining past clients, they often say they use an automated or corporate driven system. How about kicking it 32 December 2021 RISMedia’s REAL ESTATE

up a notch to make it more personal? Here are six tips to reignite and reconnect with past clients and your sphere of influence. • Develop multiple action plans to reach out to your past clients and your high-level sphere of influence contacts with consistency. • Use various scripts to help you through the connection process. An apology script works well if you haven’t spoken for a while, then roll right into the FORD (Family, Occupation, Recreation, Dreams) script to update your records. Jot down email addresses, confirm birthdays, add new pets, grandkids, job status, etc. • Use personalized (not corporate branded) notecards and follow up with a thank you note for taking your call.

The more unique and personalized your service model, the more likely that one sale will develop into more. • Always schedule your next touch... but not an email. Mailing a birthday card is a very personal way to connect, especially if you include a gift card or a donation based on their interests. Take time to be interested in what brings them value. • Be prepared to connect at least every other month. If your action plan includes client appreciation events, month-a-versaries, birthdays, holiday cards and an annual phone connection, you are on your way to deeper connections. Staying connected to those we have served saves you money and time, and rewards you with clients who are only too happy to pass your name on to others. Go beyond the commission and celebrate the authentic gift of connection. RE Terri Murphy is a communication engagement specialist, author, TED Talk speaker, consultant and master coach with Workman Success Systems. She is the author of five books and the founder of the Women’s Wisdom Network on Facebook. For more information, email Terri@TerriMurphy.com.


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RE: Real Estate—2021: The

3min
pages 114-116

Service Profiles

42min
pages 102-113

Sarah Michelle Bliss

2min
page 101

Reed Martin – Business

2min
page 100

Steve Wagner and Jamie

3min
page 94

Verl Workman – Planning for a Successful 2022: Implementing Lessons Learned

2min
page 99

Verl Workman – The

2min
page 95

Larry Schottenstein and Chris

2min
page 93

Amy Hummer, Better Homes and Gardens Real Estate Steinborn & Associates

2min
page 92

Jim Sparkman and Mark

2min
page 91

Daniel Ramsey – A Day in the

2min
page 85

Rick Haase – The Future of Real Estate Is Now

2min
pages 87-88

Allen Alishahi – Moving

2min
page 86

Kathleen Kuhn – Giving

2min
pages 83-84

Carol Mellander, Broker

2min
page 90

Michael Minard – How to

2min
page 81

Wendy Forsythe – A Mindset

2min
page 82

Mike Ryan – American Pie: The Main Course for 2022?

2min
page 89

Labor Issues in Construction a Crisis for Housing

2min
pages 79-80

Most Metro Areas Saw Double-Digit Home Price Growth in Q3

2min
page 78

Leave a Lasting Impression A Guide to Closing Gifts

5min
pages 72-73

How 1REport Empowers Agents for Success in the Digital Era

5min
pages 74-75

Global Spotlight: The Resurgence of the 15-Minute City

4min
pages 76-77

How to Organically Capture Luxury Real Estate Leads

3min
pages 70-71

REALTORS® Take the Lead Before the Need

3min
pages 68-69

How Accessible Is the American Dream for the Disabled?

5min
pages 66-67

Transforming the Home Buying Experience for Agents and Consumers Alike

4min
pages 64-65

The Next Big Step: Guiding Seniors Through the Real Estate Process

4min
pages 60-61

Climbing Mortgage Rates Strain Buying Power in 2022

4min
pages 62-63

Investment and Lifestyle Spur Migration Back to NYC

3min
pages 56-57

How Brokerages Are Tackling ‘Bait-and-Switch’ Recruiting

6min
pages 58-59

Technology and People Team Up

12min
pages 46-51

Real Estate Webmasters

2min
page 43

Constellation1: Technology

3min
pages 44-45

Rocket Mortgage: A Seamless

3min
page 42

Propertybase: Prioritizing the Human Side of Real Estate With a Streamlined Tech Stack

3min
page 41

Curbio: Revolutionizing Home Renovation

3min
page 40

Verl Workman – Tracking and Measuring Critical Data Is Key to Reaching Your Goals

5min
pages 35-38

Terri Murphy – How Past

2min
page 34

BoomTown: Leaning on Data to Grow Your Brokerage

2min
page 39

Darryl Davis – The True Purpose of Fear

2min
page 33

Sherri Johnson – 4 Ways to

2min
page 32

Brian Buffini – Goal-Setting

2min
page 31

Power Broker Perspectives

1min
pages 28-30

NAR Power Broker Roundtable

3min
pages 14-15

Great Spaces

2min
pages 20-22

Policy & Legal Matters: The

2min
page 23

Meet the Newsmakers: RISMedia

1min
page 19

REBAC Report: 3 Guidelines That Will Keep You Connected to Former Clients

3min
pages 24-27

Marketwatch

1min
page 13

Women in Real Estate: Shattering the

2min
pages 16-18

From the Publisher

5min
pages 9-12
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