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Monday, June 21, 2021

Business TransformationC-Suite Advisory

How To Attract Customers In Real Estate

Real estate is a very profitable market but very competitive too. We believe that the industry has a long way to go and people can benefit from the market.

Here are some tips on how to make people know you, trust you, and eventually become your clients.

  1. Point out the significance of the industry
    Remember your clients do not include only people who want to buy a house to roof their family. It could be businessmen, people ambitious, and people who see opportunities but do not necessarily want to be involved with the real estate industry, at least not on a professional level. It is crucial to underline the positive parts not only of the particular property you want to sell but of the entire industry as well. Help them understand that it is better to see it as an investment. Why do people turn to cryptocurrencies or online trading like Amazon and eBay? Because they see opportunities there. They see an existing market that expands and provides opportunities for everyone. It is the perfect example of a win-win situation. The same thing applies to real estate. Especially when it comes to buying land the risk is too low. These are the criteria that will help someone proceed on the market in general.
  2. Apply the farming method
    The farming method in real estate is not an extravagant concept but it is used by many successful professionals to develop their business. The idea here is to ”farm” a certain area. You meet homeowners and create a large network of contacts in the neighborhood. At least in the United States, people appear to change their homes every 13 years which means that there is traffic created as far as the real agencies are concerned. Start communicating with people and learn everything about them that has to do with their property. How long have they been staying? Do they intend to move sometime close? Even whether they have kids or not can give us information about what they are planning to do in the future. Remember that you don’t have to ‘fish” for information. Let people know who you are and what your intentions are openly. This way they will come to you when they decide to make a change even when a friend of theirs wants to buy or rent a property.
  3. Charities and volunteers
    To expand your promotion, try to be involved in any activity the area has to offer. Contributing to charitable causes is always in fashion. People will not only like you but also trust you. A person who is willing to give some money to a charity is not the type of person who will try to rip them off. Prestige in this work is important. In addition, you can be a volunteer in your local community and get to know people. A part of the promotion includes promoting yourself, so don’t hesitate to put some effort into that; it’s not going to be a waste of time.
  4. Use all the promoting methods available
    First of all, you have to create a website. Moreover, you need to be active in social media uploading high-quality photos, videos that provide valuable content, etc. automate listing promotion in social media. You can host events like parties where neighbors will get to know you. Pass out business cards and be present in blogs providing advice for free. Remember promotion is a part of your job and you shouldn’t see it as a waste of time. Of course, don’t remember to start with your family and friends. Especially, if you are a beginner the social network they will give you access to, can be huge. You will have them on your side for sure and it’s a pity not to take advantage of your existing social circle.
  5. Old clients and referrals
    Last but not least, make use of everyone who passes along the way. You can have real estate leads through referrals of former customers. Their word counts because they are not related to you in any way so they don’t have a reason to lie about your skills. As long as you are updated about the properties and the opportunities in the area you are referring to, past clients are the best way to find your way through the market. Think about them as your most solid and valuable review. Besides, they may be old customers but they are always potential customers. Stay in touch with them and remember that not only will they be able to introduce you to their friends but they will come to you for future opportunities as well.

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Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz