5min snip

The Tom Ferry Podcast Experience cover image

The 7 Sections of a Great Real Estate Business Plan | Tom Ferry Podcast Experience

The Tom Ferry Podcast Experience

NOTE

Generating Leads and Activating Your Database

The strategy involves using inaccurate pricing to stimulate conversation with potential clients. By asking thought-provoking questions related to selling homes, such as offering 15% above market value, you can engage with individuals who may be considering selling their homes. Activating your database is crucial, as around 3 to 5% of the people in your phone contacts may be looking to buy or sell. Using emails and direct mail pieces can help in activating your client base. The importance of staying competitive in the real estate market is highlighted, as various companies are continuously trying to attract clients. Being close to the client is emphasized as a key factor in winning their business. Having a structured marketing budget that includes quarterly, monthly, weekly, and holiday-specific investments in attracting clients is crucial for success.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode