Understanding and Engaging Today’s Real Estate Agent.

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Understanding and Engaging Today’s Real Estate Agent

Transcript of Understanding and Engaging Today’s Real Estate Agent.

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Understanding and Engaging Today’s Real Estate Agent

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Matt DollingerPresident and Founder

Gearbox Consulting

• Over 10 years of industry experience

• Accomplished industry speaker

• RealTrends 50 Company• Coaching and Training of

100s of agents• Developed training

programs around KCM• Focus on growth,

automation and technology

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How I’ve used KCM in the past

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Created the Market Expert Class

• In-office training program focusing around the materials provided by KCM each month:– 20% increase in total GCI for participants– 20% increase in online lead conversion of buyers– 50% decrease in property price adjustments– 30% decrease in DOM for listed properties– 98% LP:SP ratio for listed properties

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Integrated into Company Marketing

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Supplemental Online Content

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Video Market Updates

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Branded Listing/Buyer Collaterals

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What agents look for in lenders

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My unofficial Chicago agent survey

• Sent survey out to top 1000 agents in Chicago• 16% responded to survey• Three Questions– What do you want/expect from your lender?– Why are you currently working with your lender(s)?– Why have you “left” a lender?

• These answers were then broken out by quartile*

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What are you looking for in a lender

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Why do you work with your lender(s)

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Why have you left a lender?

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Why have you left a lender?BROKER

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What the agent isn’t getting…

• Different agent outreach programs– Curtailed business development, insight or leadership

based on their current needs (based on quartile)

• Coaching and training on how to USE market data– Insight into how current developments can effect

their business and most importantly their clients

• Compelling/Branded marketing materials– Pieces to educate consumers, drive business and

reflect their brand in a positive light.

from their BROKER

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How can you become high value?

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What is valuable to today’s Realtor?

• Anything that saves them time or automates.

• Anything that brands them positively.

• Anything that helps them do more deals/grow.

• Anything that “WOWS” their client.

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Creating Value Based Partnerships

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Remember These?

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3 areas Bridge Builders can help

• Increase Facetime with key agents• Brand agents as experts• Grow and Empower YOUR Team

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Increase Facetime with key agents

• Schedule a monthly meeting with your top producing agent’s teams and provide/discuss these materials.*

• Schedule a monthly webinar where you can go through some of the most important slides

• Send them out to perspective agents with your contact information (email blast)

* Sample curriculum and “how to” guide for running a Market Expert class will be provided after webinar.

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Brand them as experts

• Key infographics for them to use in marketing (postcards, email blasts, etc.)

• Handouts (in color) for them to use in buyer presentations and listing opportunities

• Scripts for them to use when discussing the market with their clients.

• Materials for them to use in online lead opportunities• “Keep in Touch” materials to send out to past

transactions to show them how well they've done in their investment

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Grow and Empower YOUR Team

• Make “newbies” look like educated pros when talking about the market

• Provide them with marketing materials to go after their own agent relationships

• Follow up materials and handouts to use in their meetings with potential clients

• Keep in touch materials with their database of agents.

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Questions or Comments?

Matthew DollingerPresident and Founder

[email protected]

773.354.9681