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Using expired listings to get real estate leads

Tuesday, December 30th, 2008

As much as this sounds strange, it is quite true that you can generate a lot of fresh real estate leads by using expired listings. If you can get a good listing, you will be able to generate and abundance of leads. Many real estate agents are spending a lot of money on lead generation, fees, advertising costs and feeling the pinch especially when it all does not result in good leads.

Well, you can get good lists with an expired listing system that will give your more leads and listing than you thought possible. So, it is time that you start adding expired listings to your inventory as more of these listings are expiring now than before due to the collapse of the real estate industry.  More than a million foreclosures in recent times has made it difficult to sell regular home listings so these listings remain unsold and expired.

I’m sure you are aware of the alarmingly high number of foreclosures each week which goes to show that it is very difficult to sell average home listings in a highly competitive market. However, listings are still what you need to keep in your inventory. Sure, you won’t be able to sell off all the ones you have but it is wise to have more now as you will be more secured when the market turns around and become a seller’s market again.

As bad as it looks now, the real estate market will eventually turn around and agents with a large inventory of homes will be the one to have the last laugh, all the way to the bank. In order to generate more real estate leads, you will also need a good real estate marketing system.

Using an expired listing system is one of the best lead generation strategies you could have. Once it’s up and running, you will be able to keep it working by investing only 30 minutes each day to add new names to your list of prospects so that you could print and mail out letters to them.

Just think, you will be generating loads of real estate leads in no time and at such low costs too!

Tips to getting real estate leads

Thursday, December 25th, 2008

Are you looking for more real estate leads but do not have a lot of money to spend on getting them? Well, don’t fret about it as there are other ways to generate leads while giving back to your local community at very low costs! Lead generation is indeed a never ending and very challenging process.

In the real estate field, you will need a lot of leads to succeed. Here are some tips on how to get the leads you need for your real estate sales.

1. Your children and their schools
Yes, schools are one of the best networking site for you to establish relationships and get loads of repeat customers. Just make darn sure that everyone knows you are a real estate agent by wearing something to promote your business such as a logo on your shirt, cap, windbreaker, blazer, etc. Also, have your business cards with you all the time so that you can distribute it to people when they ask you for them.  However, do not be pushy as it would place you and your children in a difficult position. We all know how people avoid pushy salesperson so if you don’t want people to start avoiding you, don’t be too pushy. Let them approach you first. As long as your market and advertise yourself right, they will remember you when they want to purchase or sell property.

2. Your children and sports
This is a win-win situation both for your children and you! By enrolling your children in healthy sports activities such as football, cheer leading, swimming, basketball, track, etc, your children will be healthier. On top of that, when you attend their football game, soccer tournament, track meet, cheer leading competition or swimming competitions, you will get to network with hundreds of people gathered there to cheer on their children. Remember to attend these events dressed in your very own advertisement-wear, i.e. shirts, caps, T-shirts with your real estate business logo emblazoned on it. You can also distribute flyers of your business by placing them on the windshields of vehicles parked at the event.

3. Make other children happy with a little bit of sponsoring
Although this involve some spending, it is all for a good cause and the best part, you will be remembered for your kind act, thus generating leads for your real estate business. There are children who could not afford to pay for extra-curricular activities like field trips or sports events. So, why don’t you chip in and discuss with the school about sponsoring one or two children for several events throughout the year. This way, you will generate good will, earn a great reputation and give the child a wonderful childhood experience. Just remember not to boast about it or else it would all go to waste!