Communicating With Home Sellers

4 08 2010

by Rob Wicker

I recently talked to my old friend Bill Scott about the Homes & Land offering. Bill and I go way back, having worked together at the CENTURY 21 Regional Office in Miami where Bill was the Executive Director. Bill is still active in real estate as a Senior Vice President with a major franchise

Bill reiterated to me that one of the problems agents are having today is meeting the expectations of sellers. The market is tough and sometimes home sellers feel like their agent is not doing enough to promote the listed property. 

This can be a perception issue. There’s nothing really exciting to report or the agent is embarrassed about the lack of traffic to the listing, so the agent fails to communicate with the seller. Lack of communication implies to the seller that the agent is not trying hard enough to sell the home.

Bill especially liked a couple of the programs Homes & Land uses to help our advertisers stay in touch with sellers. With our Client Contact program, Homes & Land magazine is mailed to the home sellers, illustrating that the listed property is being advertised in a quality publication. We also include a personalized letter from the President of Homes & Land endorsing the marketing efforts of the agent. 

Something else that works well in communicating with sellers is our Wall Street Journal Spotlight program. For only $20, advertisers can buy a geo-targeted featured listing that appears at the top of searches on WSJ.com. This is way under the list price, and sellers really appreciate that their home is promoted through a great brand like the Wall Street Journal. 

Your local Homes & Land Publisher can give you complete details on both of these programs.





Showing Appreciation

15 01 2010

by Rob Wicker

Have you ever flown first class? The first time you do it’s pretty cool, especially on a long flight. Better service, better food, more attention, and most importantly, you sit in a big fat seat. You are segmented from what now seems like the riff-raff in the back of the plane. How did you get that fat seat? You either paid more money or you fly a lot and got an upgrade.

The airlines report that, in fact, most people are in first class because they are frequent flyers, which makes them special. If you want to see an amusing portrait of a high flying sultan pampered by both airlines and hotels, go see Up In The Air with George Clooney.

How does this relate to your business? We all want to, at least occasionally, feel special. The problem is that people get lumped into groups. One of the groups in the real estate business is “past clients.” You probably do something for all of your past clients: holiday and birthday cards, a newsletter, maybe a magazine, and occasionally a phone call or personal note.

I bet you have a subset of your past client database that is indeed special—and deserves something more than a holiday card. These past clients are special because they have a high regard for your professional services and have given you referrals or repeat business. Maybe they are special because they are well connected politically, socially or commercially and have the potential to be major referrers.

What can you do to make your best clients feel appreciated? Tickets to cultural events, rounds of golf, lunch—the options are pretty easy to identify. I know a top producing agent in New England that throws an elegant party every summer, and she points to this party as a primary source of business. So make a list, have some fun with your best clients, and grow your business.





You’ve Got To Show And Tell

18 12 2009

by Rob Wicker

It’s difficult to keep home sellers happy in a slow real estate market. Homes & Land has a program called Client Contact. We send a copy of Homes & Land magazine to an advertiser’s home seller. Of course the magazine includes the seller’s listed property. And we tell the seller how to go to HomesAndLand.com and see their property online.

Our advertisers love the Client Contact program. The popularity of the program reinforces to me how important it is to make sure your sellers understand everything you’re doing for them, including the marketing. If they don’t know about it, they’ll assume you’re doing nothing.





Stay in Touch with Your Clients

9 01 2009

For years, NAR surveys show that a seller’s biggest fear is that his or her agent will not communicate regularly after the agent takes the listing. You are probably doing a great job of communicating with your clients, but Homes & Land’s Client Contact program makes your follow up efforts even easier. Read More