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Pull Out All The Stops

Sep. 23rd 2009

Yesterday was an unbelievable opportunity for anyone to get a full day of expert advice for absolutely free! Kudos to NAR who launched their Webinar Summit 2009 with 6 fantastic topics:

  1. 2010 Economic Forecast and How YOU Can Prosper in the New Market place with John Tuccillo.
  2. 20 Powerful Real Estate Blogging Tools to Generate Business with Randy Eagar.
  3. How to Successfully Close Your Short Sales with Michael and Stacey Spickes
  4. How Top Agents are Using Video on the Web to Generate Business NOW with Amy Chorew
  5. Top 10 Money Making Tools in Real Estate with Verl Workman and
  6. 14 Proven Systems to Keep Your Transactions Intact Until They Close with Rich Levin

What a day and what great information! Over 12,000 people signed up for these sessions and gained much knowledge. Many of your questions were answered and can still be answered at this blog site for future reference. In addition, count on NAR to do a repeat of the Webinar Summit with new speakers and new topics. If you missed out on the first go around, you can still purchase the recorded versions of these fantasic videos with downloadable handouts.

If you missed your handout, you can get them at:

www.learninglibrary.com/handouts

When it came to marketing, subject matter, instructors and delivery method, NAR has truly “pulled out all the stops”.

Randy Eagar, CRS

Randy Eagar, CRS

Randy Eagar, CRS
President, WebsTarget SEO
www.WebsTarget.com
Randy@WebsTarget.com

The elusive internet lead

Jun. 26th 2009

Amy ChorewAccording to NAR and other research we have done independently, 80% of leads generated by you or your company over the internet are lost, marked as dead or simply thrown out? Why is this happening?

An online consumer contacts you by email. They want an immediate response to their question. And As we know the first one to contact the consumer has the better chance of engaging the consumer.  Speed matters, and the speed of the internet has created this consumer need.

The reality is that the online lead many times is not ready to commit right way.
So we give up, or just lose interest, or don’t have systems in place to keep track of them to convert them at a later date.

Todays online consumer does not want to be captured by the real estate agent. They want to stay in control of the process.They feel if they give information the agent will bug them to they buy or die.

The technology needs of a buyer-based marketplace are so different than those of the past five years that many real estate professionals find themselves back at square one.

Here are some of the challenges:
Knowing who today’s consumeris and how they consume information  on the internet
Having all the tools to respond properly

In other words The challenge today is to understand which values are desired; and retool our business around them.

What about the leads that you send information to and then won’t give you enough information for your to qualify them as a lead?
One import fact to remember is that buyers are on line way before they are ready to purchase. Try to eliminate the 45 day mentality we attach to leads. Remember? A buyer walks into your office. You speak to them, read their tells. Wihtin half an hour you know if you have a commission check in your inbox in 45 days. Ahhh . . . memories. Those days are gone forever.

Many buyers enter the real estate search arena up to 4 years before they sit at a closing table. This is the subconscious stage. When something triggers to them to the next phase they actively engage into pre research. This is the thinking about it stage.

Another trigger sends them to active research. They are finally pre-qualified and they actively Search online for homes,  and areas.

The actually buying stage is when they need help on the  Offer, Negotiating and Closing.  Keep in mind the actual buying phase can last as long as 4 months.

What are these triggers? Job change, income change, family change, you name it.
Managing all these leads can be overwhelming,  so look through all the software, programs you own, especially products attached to your website and see if there are any automated email campaigns availble to you.

Please note - I am not an advocate of just pushing unwanted data to these people. AND I NEVER recommend this type of product to your sphere and past customers. Watch for my next post when I review products who pass my 3 Point Marketing test!

Why DO Agents Attend ‘Live’ Events, Anyway?

Mar. 16th 2009
Darlene Lyons

Darlene Lyons

As the head of an event management company, I review our annual event production calendar regularly.  When looking at the reports this week it struck me that every one of our clients that has independent contractors has reduced their meetings size.  Especially in real estate.  

Just today I had a tough call with a company’s COO, CEO, President, Marketing Director, and CFO on how to reduce their losses based on losing over 500 attendees at this year’s event.   That is a painful conversation, folks. 

Once we had gone over the realistic numbers I asked them just exactly what was in the event for the attendee.  The company had jam-packed the event with announcements, the same-old speakers (yawn!) and the same functions they have year after year.   “But what really  is in it for the attendee?, I asked.  No one understood my point.  Here is what I shared with them:

People attend ‘live’ events for one or more of five reasons:

1.  Food

2. Fun

3. Fame

4. Community

5.  Education

So, I asked them to review their offerings to be absolutely sure they had touched on all five so they could increase their attendance and the overall success of their event.  They wisely added more recognition functions, more fun exercises like a “jeopardy” session in their main session and changed some of their format to encourage more hands on, confidence building training.  They will inevitably see more attendance and a higher satisfaction rate (and a higher return rate) because they refocused the event on their attendees. 

I encourage you to consider those five motivators when planning your next event.  Here is a video piece explaning a little more about the five reasons.  Here’s to your next successful event!

[youtube=http://www.youtube.com/watch?v=69_PjcrsWQU]

Webinars are HOT! HOT HOT!

Jan. 5th 2009

I don’t know about you, but I LOVE learning via webinars.  With my short attention span, limited time, and reduced travel budget, it is an incredible solution.  And I can attend as many as I want and learn about a myriad of topics with little or no fuss.  Whether it’s the tools available to the presenter or the ability to just “tune out” if the presenter is boring, it’s simply a fabulous way to learn.

And the real estate market is just catching on!  Many of the highly skilled speakers we represent are eagerly exploring and learning the new technologies to be able to respond to the sure coming demand for e-learning. 

With the amazing interactive tools available today, skilled instructors can easily keep the audience involved with polls, surveys, chat rooms, video inserts and more.  If your budget is right this year, I suggest you attend as many webinars as you can so you can recommend the best courses to your target group.  You’ll find it a great way to learn as well!

16 Things Every Event Flier and Web Site Should Have

Oct. 3rd 2008
Stop.  Before you advertise your next event check this list.

Stop. Before you advertise your next event check this list.

Before you advertise your next seminar, convention or education class, be sure you have done everything you can to make sure you succeed in driving attendance.  Your event flier and web page are your “critical communicators” to your prospective attendees.  After all of the hard work you have put into planning your event, don’t let your marketing materials cost you your success!

 

Following are 16 things I recommend you consider putting on your event flier and/or web site:

 

1.  The Event Title.  This is a VERY important aspect of your overall marketing campaign.  Give your title seven words or less and if possible, make it an “impact benefit statement”.  In other words, make the title interesting and benefit driven for the attendee.  Go inside the mind of your potential attendees.  Here is an example: Which title grabs you more?

A - “Seventh Annual Trade Show” or

B - ”How to Design an Effective Marketing Campaign”

 

You get the idea here.  

 

2.  The Date.  Add the day of the week.  Make it easy “at first glance” for folks to make a mental commitment.  (Example:  Monday, November 5, 2009)  

 

3.  Time of Expected Arrival at the Event.  Let attendees know what time you need them there and what happens after they get there.  What isn’t pleasant are 500 people milling around your registration area griping because they arrived too early with nothing to do.  Make sure you clearly state any “dead time”.  (Example:  Registration and coffee 8:15 a.m., Program starts at 9:00 am sharp!)

 

4.  Time and Length of the Event. Be specific and clear.  Also include meal times and plans if possible.  (Example: Session 9 a.m. to 4 p.m.; Lunch 12 - 1 p.m. provided by ABC Title Company) 

 

5.  Location Name and Full Address.  Even if your attendees are local, be sure to add the full address of your facility, including zip code, so your attendees can use a GPS or Mapquest site to find directions, instead of calling your office.  

 

6.  Cost.  Include all costs and any hidden charges as well.  (Example:  Cost to attend: $99.00 plus a $15.00 CE processing fee - or - Sleeping rooms $199.00 per night plus 8.75 % tax, plus a12.00 per day resort fee, single or double occupancy)

 

7.  Meal Function Descriptions.  Again, this is very important to the overall satisfaction of your attendees and is just plain kind.  (Example:  Continental Breakfast 8 a.m. to 9 a.m. or “Lunch on your own”)  

 

 8.  At Least 5 Benefits for Attending.   Many event planners spend all of their precious copy space on the date, location, etc.  Though that information is critical, the benefits for attending will many times make the difference between moderate attendance and great attendance.

 

9.   A List of Who Should Attend.   The more you can speak to your prospects, the better.  Here is an example as it applies to the real estate market: 

 

Who should attend this event?

·    Experienced agents looking to increase their profit by at least 30 percent in 2009!

·    Top producing agents doing over 30 transactions per year who would like to double their production!

·    New agents looking for a great “kick start” to their first year in real estate!

·    Any agent who knows that modeling their career after someone already successful is working smarter, not harder! 

·    Managers who want new, creative ideas that work to share with their sales associates

 

You get the idea here. Speak directly to who you are targeting and you will see a healthy return on your event marketing efforts.

 

10.       How to Register.  Tell them clearly how to register quickly and efficientlyMore is not always better, so give them 2 or 3 options (i.e. online at www.yourwebaddress.com, by phone, fax, e-mail, etc.  

 

11.  A Map Link.  (This applies to your web site).  Be sure to put this both on your site and in your confirmation letters and e-mails.  This includes local maps and information on driving directions from the local airports if your attendees include people who are not local. Attendees usually don’t look for this information until the last possible minute so make it easy for them to find.

 

12.  Instructions on What to Do if They Have Questions or Need More Information.  Tell them where to call or e-mail if they have a question.  Make sure it’s answered quickly by someone who is knowledgeable.  

 

13.  Program Highlights.  People love community spirit, food, recognition and fun!  In this part of your marketing piece, include guest speaker bios, session descriptions, raflles, silent auctions, celebrity appeareances, special food functions, etc.

 

 14.  Previous Attendee Testimonials.  Consumers love to hear from someone just like them.  Video testimonials are best, audio with a photo is second and text is a last resort.  If you don’t have evaluations from your last event, be sure to add them after this event so you are armed with great testimonials from this point forward. 

 

 15.  Sponsor Names and Logos.  In another article, I tell you how to create winning sponsorships.  This is one great way to promote your sponsors and give them a powerful “bang for their buck.” 

 

16.    Your Cancellation Policy.  I am a true believer in a firm cancellation policy.  It costs you time and money to process registrations and then cancellations.  State what your policy is and stick to it. 

 

Remember…your event flier and web sites are your “critical communicators” to your prospective attendees.  Don’t let your marketing materials cost you your success! 

 

~Written by Darlene Lyons.  © 2008

 

Darlene is President of Broker Agent Speakers Bureau (BASB), the nation’s leading real estate speakers’ bureau.  For more helpful information, visit  www.BrokerAgentSpeakers.com.  Darlene also owns and operates EzEvents, the #1 real estate event management company in the country. Visit www.EzEvents.net