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Winterize Your Business Top Tips from Agents Jenn Tervo Customer Success Trainer
27

Winterize Your Business

Jun 24, 2015

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Real Estate

Market Leader

We asked the ActiveRain community what their top strategies are for winterizing their business, and they answered!
Watch the recorded webinar at http://learn.marketleader.com/display/learning/Winterize+Your+Business+-+Top+Tips+From+Agents
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Transcript
Page 1: Winterize Your Business

Winterize Your BusinessTop Tips from Agents

Jenn TervoCustomer Success Trainer

Page 2: Winterize Your Business

The Plan for Today…

• Top strategies to stay top of mind this season

• Ideas to help eliminate “valleys” in your business

• Healthy habits to boost your business all year long

• Questions

Page 3: Winterize Your Business

Meet Our Special GuestBob StewartCommunity Evangelist

Page 4: Winterize Your Business

What is Crowdsourcing?

Page 5: Winterize Your Business

Why “Winterize”?• Winterizing is getting your business ready for the season

• Preparing your business for the off-season is crucial

• Keep going strong and put any downtime to good use

Page 6: Winterize Your Business

Is this your busy time of year?

Page 7: Winterize Your Business

What We LearnedThe Crowd has Spoken…

Page 8: Winterize Your Business

Tis the Season… • Holiday Cards• Hand-Written Notes

• Calendars• Thank-you Letters

• Cookie Tins• Postcards

Page 9: Winterize Your Business

Clean-Up Your Database

Page 10: Winterize Your Business

Update Your Info

• Give Facebook a facelift (personal & business)

• Spruce up your LinkedIn profile

• Refresh your marketing Info

• Perhaps time for a new headshot?

Page 11: Winterize Your Business

UnsubscribeUnsubscribe from Emails

Page 12: Winterize Your Business

Evaluate and Plan

• Start Your Business Plan:

− Budget Planning

− Set Your Goals

− Year/Quarter Review

− Market Review

Page 13: Winterize Your Business

• Community Events

• Office Events

• Charity Drives

• Tailgate Parties

Get Social

Page 14: Winterize Your Business

The StandoutsThe Top ActiveRain Entries…

Page 15: Winterize Your Business

The Four “E” Approach• Evaluate

− Where your business & referrals come from

• Experiment

− Try something new (social group, charity, farm area)

• Escalate

− When something works, do more and better

• Encounter

− See people; get face-to-face

Page 16: Winterize Your Business

Debunk Slow Market Myths

• Evaluate market & sold data

• Review data several times to commit it to memory

• Be able to prove it’s still a good time to sell

• Hone in your focus during this time:

− Expireds

− FSBO’s

− Farm

Page 17: Winterize Your Business

Boost Your Productivity

• If you do experience a slow-down, take advantage of it!

• Use any lulls to organize your schedule

• Block time to work your sphere:

− Update your database

− Make phone calls or texts

− Connect via email Facebook

• Leave a day open to “catch up”

Page 18: Winterize Your Business

Be More Proactive

• Perfect time to market to potential spring sellers

• Foster referrals; connect with past clients

• Identify new sources to tap into

− Condos or apartments

− A new demographic

− Pick a new area to farm

− An underserved niche

Page 19: Winterize Your Business

Focus on Fall Buyers

• Spring listings that didn’t sell = Motivated sellers

• Focus on working your buyer pipeline

• Let your fall buyers take advantage of the season

• Adjust your efforts to boost fourth quarter sales

Page 20: Winterize Your Business

Time to Hit Those Mailboxes!

• Stay top of mind with valuable information

• Once-a-month mailers to your sphere:

− Market reports

− Colorful graphs & charts

− Stories or anecdotes about the area

− Sold data

− Helpful hints

Page 21: Winterize Your Business

Connect Face-to-Face

• Reach out and make connections:

− Sphere

− Past clients

− Potential new business

• Schedule a minimum of 2 connections per week

− Coffee or lunch

− Make it about them

Page 22: Winterize Your Business

Have a Business Plan

• Create your business and marketing plan:

− Yearly

− Quarterly

− Monthly

• Map out your advertising plan & practice the three A’s:

− Anticipate

− Adapt

− Adjust

Page 23: Winterize Your Business

“Sensory Stage” Your Listings• Sound:

− Play holiday music in the background

• Smell: − Light pumpkin, pine, or cookie scented candles

• Taste: − Bring fresh baked goodies or serve mulled cider

• Touch: − Add soft throws, fluffy pillows, or

shaped hand soaps

• Sight: − Use seasonal colors and

holiday décor

Page 24: Winterize Your Business

Grow Your “Vendor Sphere”

• Realtors are an excellent source of referrals

• Grows niche made up of Realtors

Put it to work:

• Work with vendors to grow your vendor sphere

• Boost your partnerships and expertise!

Page 25: Winterize Your Business

Five Steps for Success1. Complete business plan by December

2. Identify where your leads came from (and didn’t)

3. Update and clean-up database, as well as campaigns

4. Develop marketing plan from steps 1-3

− Identify mailers for the quarter

− Include monthly phone calls

5. Visit with past clients

Page 26: Winterize Your Business

In a Nutshell…

Page 27: Winterize Your Business

Prepare for a Great 2015!!

• Not your slow season? You can still implement!!

• Use the fall and winter to prepare your business

− Market to your sphere

− Clean-up your databases

− Update your profiles

− Unsubscribe from emails

− Do your business plan

− Get social