Spent some time with people smarter than me this week and Carson Baird gave me this gem, originally from C'Jon Armstead (I believe). If you’re calling owners, here’s the path: - Try to buy the property. Be the buyer. Lock it up. Now you control it. No dice? They want too much? How much? - If that doesn’t work, tell them you can bring them a buyer. You can. You probably have them in your CRM. Price still too high? - Tell them that you can get the best price by running your process: listing. Won’t list? Follow up 10 more times. PS - 80% of sales happen between the 9th and 12th contract.
Nate Niehuus’ Post
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If you cared to know what I've been working on the past 2,500+ hours and spent multiple 6-figures on building, here it is.... We've built a Commercial Real Estate CRM that will give Brokers the ability to Prospect in a way they have never before. More Efficient Prospecting & Greater Deal Flow to have a bigger impact on your market, and better support the ones you love. Power Dialing & Mass Text Messaging are live now. 3 Other Features will be in before End of Year (Stay Tuned) All of these features are strategically designed to help Brokers 3-5x their current Prospecting Efforts... and their Gross Commission Income. Hit the "Visit My Website" button above to check it out - and give us a try!
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Want to stand out in the competitive world of real estate? Want to close more deals faster? "Sell Build Grow Fast" is the book you need now. This book goes beyond traditional sales tactics. It teaches you how to connect with buyers on a deeper level. Here’s why "Sell Build Grow Fast" a must-read for developers: 1. Master right selling: ↳ Learn to engage buyers with stories that resonate. 2. Implement proven strategies: ↳ Build trust and relationships, not just transactions. 3. Learn from success stories: ↳ Get inspired by developers who transformed their sales. 4. Gain practical techniques: ↳Equip yourself with actionable strategies for your projects. 5. Build lasting trust: ↳ Discover how to make every buyer feel valued. "Sell Build Grow Fast" is more than just a sales book. It's a roadmap for the future of real estate sales. It empowers you to create spaces that inspire and connect. Spaces that buyers will love and cherish for years to come. In real estate development, mastering sales is your key to success. Maximize your potential with "Sell Build Grow Fast" and watch your business grow. P.S. Ready to take your real estate sales to the next level? Get your copy of this game-changing guide today. Link to pre order the book is in the comments.
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💡 4 Tips for Closing the Sale When Buyers Ghost You #salesoperations #marketingops #projectmanagement #ClosingtheSaleWhenBuyersGhostYou
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As any sales person knows .... the best way to sell your superior product is by drawing a comparison with one that doesn't measure up in content, ease of use, and price. We invite you to do that with our Magic Professional Housing Data application for Phoenix or Tucson. Try this with Magic Pro and then the competition .... select an area you need to do a quick detailed analysis of by drawing the area on the Magic Pro map. Then click on the Process Request tab and one more mouse click on the ANALYSIS WIZARD tab and you have a comprehensive report on the new home marketplace in that area current to the first of THIS MONTH and including ALL of the competing housing products. Look at the data [thru May 31] that you got with that one Analysis Wizard mouse click. We used our Sales and Permit Dataset for this example. It is available to everyone in your organization as often as they need it for a combined total of $150 per month. But the rest of our story is that the data included every permit and closing by every subdivision and every builder .... not just a cherry-picked handful! Go to www.rlbrownreports.com and click on the Magic Professional tab at the top of the page ... details of exactly what is included every month and prices.
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Increase your website’s CR% and double your sales without spending an extra penny! Drop a comment “CRO” And I will share the sheet link in your DM (Please send a connection request so that I can share the sheet)
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We all have been through a sales funnel, and likely we all have taken action at the end of that funnel. Whether it be purchasing a product, signing up for a service, or engaging with a brand, we've experienced the journey. That's the essence of how business and sales work. Now, as a financial advisor, imagine having a well-thought-out sales funnel that not only guides your clients seamlessly but also saves you precious time and effort. Our 10-Step Sales Course is designed with financial advisors in mind, to help you streamline your process, so you can focus on building lasting relationships with clients instead of getting lost in the sales maze. Interested in learning more? Click here for more info: https://lnkd.in/e2rXuK9U
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Don’t assume that your vendors know how to sell, or your buyers know how to buy. I’ve sold Rex hundreds of times, but each prospect I speak with, has probably only bought a CRM system once or twice previously. It’s the same for Estate Agents. You deal with hundreds of buyers and sellers every year, and it’s easy to assume that they know what they are doing. Always set next steps. Add value to your follow-ups. Position yourself as the expert and use your knowledge and experience as a foundation to foster a relationship. Simple, and repeatable.
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As any sales person knows .... the best way to sell your superior product is by drawing a comparison with one that doesn't measure up in content, ease of use, and price. We invite you to do that with our Magic Professional Housing Data application for Phoenix or Tucson. Try this with Magic Pro and then the competition .... select an area you need to do a quick detailed analysis of by drawing the area on the Magic Pro map. Then click on the Process Request tab and one more mouse click on the ANALYSIS WIZARD tab and you have a comprehensive report on the new home marketplace in that area current to the first of THIS MONTH and including ALL of the competing housing products. Look at the data [thru May 31] that you got with that one Analysis Wizard mouse click. We used our Sales and Permit Dataset for this example. It is available to everyone in your organization as often as they need it for a combined total of $150 per month. But the rest of our story is that the data included every permit and closing by every subdivision and every builder .... not just a cherry-picked handful! Go to www.rlbrownreports.com and click on the Magic Professional tab at the top of the page ... details of exactly what is included every month and prices.
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## The Power of Repeat and Referral Business: Why They Should Be Your Primary Focus In the bustling world of business, it's easy to get caught up in the chase for fresh customers. The allure of new faces, untapped markets, and expanding reach can be captivating. However, while new customers are undoubtedly vital for growth, there's an often-overlooked goldmine right in front of us: repeat and referral business. Here's why focusing on these two areas can yield better returns than constantly seeking out fresh customers. ### 1. **Cost Efficiency** Acquiring new customers is significantly more expensive than retaining existing ones. Studies show that it costs five to seven times more to acquire a new customer than to retain an existing one. Marketing campaigns, promotions, and onboarding efforts all contribute to the high cost of customer acquisition. In contrast, retaining a customer typically requires less expenditure while offering more predictable revenue streams. ### 2. **Higher Conversion Rates** Existing customers are already familiar with your brand, products, and services. They trust you and have had satisfactory experiences with your offerings. This trust translates into higher conversion rates for repeat purchases. According to various reports, the probability of selling to an existing customer is between 60-70%, while the probability of selling to a new prospect is only 5-20%. ### 3. **Increased Lifetime Value** A repeat customer is more likely to spend more over time, increasing their lifetime value (LTV) to your business. They tend to make larger purchases, buy more frequently, and are more open to exploring your other products or services. By focusing on enhancing their experience and maintaining their loyalty, you ensure a steady stream of revenue that can surpass the value of numerous one-time buyers. ### 4. **Free Marketing Through Referrals** Satisfied customers often become your best marketers. Word-of-mouth remains one of the most powerful forms of advertising. ### 5. **Building a Strong Brand Community** A loyal customer base fosters a sense of community around your brand. These customers are not just buyers; they become advocates ### 6. **Consistency and Predictability** . ### Strategies to Cultivate Repeat and Referral Business 1. **Exceptional Customer Service:** Always prioritize customer satisfaction 2. **Loyalty Programs:** 3. **Personalization:** 4. **Engagement:** 5. **Ask for Referrals:** Don’t be afraid to ask While new customer acquisition will always be a part of any business strategy, shifting focus towards repeat and referral business can lead to more sustainable growth. By investing in your existing customers and encouraging them to spread the word, you not only build a robust customer base but also create a community that supports and drives your business forward. Prioritize loyalty, provide exceptional service, and watch as your repeat and referral business flourishes.
Four Sources of Business
Reid Richards on LinkedIn
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From Slow Start to Success: How Ian Mastered Seller Leads in 2024 https://hubs.ly/Q02Nr7kY0
From Slow Start to Success: How Ian Mastered Seller Leads in 2024
theshare.group
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Build & preserve wealth w/ real estate - Land/Industrial/Datacenter sales, leasing, site selection: 504.259.7377
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