Feb 17 2010
Posted by Greg Reed as Traffic Generation
Google Maps – Now with real estate listings across Australia
Feb 06 2010
Posted by Greg Reed as Traffic Generation
Recently we spoke about the four key models necessary for success in real estate. Now I’m going to look more in depth at the key areas you need to focus on to have a successful economic model in your real estate business.
1. What Numbers MUST You Achieve – Your Laser Light Focus
Knowing your numbers will take the guess work out of what’s needed to reach your desired income level. The basic formula looks like this:
________ No of Listing Appraisals
X ______% Conversion rate
= _____ No. of Listings
X _____ Conversion rate
= _____ No. of Listings Sold
X _____ Average Sales Price
= _____ $ Value Sold
X _____ % Commission
= ____ Gross Income
2. Focus On Appointments
No appointments means no sales. This is one of the key focuses at the beginning of the process that determines the end. it’s crucial therefore to drive for appointments (listing appraisals)
3. Conversion Rates
This is a key ingredient as it effects your ultimate income.
Having a high conversion rate whether it be appriasals to listings and or listings to sales comes down to good presentations involving well rehearsed scripts and dialogues.
Therefore you must be highly skilled in your presentations if you are to have high conversion rates. Keep practicing!
The Economic Model For Your Real Estate BusinessFeb 06 2010
Posted by Greg Reed as Traffic Generation
Knowing where you are going in real estate is the key to your success. High achievers understand that there are 4 key business models necessary fo rtheir success. And within each of these models, high achievers understand they must focus on the “20%” of activities that’ll produce “80%” of their results.
To be successful you must have:
Within each Model there are some key focus areas. In the Economic Model there is the need to focus on what numbers you must achieve, what appointments are necessary and your conversion rate.
In the Lead Generation Model it’s important to have an understanding about prospecting and marketing, setting up a database and marketing to it and focusing on listings of properties for sale.
The Budget Model centers around sticking to a budget and working your finances optimately while the Organisational Model looks at ways to leverage your efforts by hiring administrative staff, picking good talent and training those staff.
In future posts I’ll be looking at each of these models in more detail.
Too many real estate agents think of their role as a job or a hobby. You must think of real estate as a business and using the above models will go a long way to achieve that.
Earning A Million In Real Estate – 4 Key Models To SuccessDec 24 2009
Posted by Greg Reed as Traffic Generation, YouTube
Nov 17 2009
Posted by Greg Reed as Greeting Card Marketing, Traffic Generation
Oct 13 2009
Posted by Greg Reed as Traffic Generation
People can be taught how to generate their own leads, how to capture their details, but 98% of them fail in one critical area which is the main cause as to why they make no money.
If you are spending tons of marketing through PPC to get people to your ’store’, capturing their details, but not creating a warm, professional feeling within your business for people to stay, then you are losing a fortune.
Watch the video to discover the key ingredient as to why 98% of people fail. Learn it, understand it and apply our strategies and you’ll make money.
Click on the link below to trial the best ONLINE lead generation and follow up system for just $1
http://www.onlinemastermindsystem.com
But if you prefer OFFLINE marketing here’s the best system that takes little time, doubles your customers and costs less than a buck.
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Oct 02 2009
Posted by Greg Reed as Traffic Generation, Uncategorized
First National Real Estate – Kick Off Call October 2009
http://www.firstnational.com.au
Discover what’s happening in the First National Real Estate network throughout October 2009. Get involved in the events and training and benefit from being a network Member.
This month:
1. Grab 4 Cash promotion
2. Office Visits Wide Bay Zone
3. Oct 16 Commercial FN Conference Melbourne
4. Oct 16 FN Foundation Golf Day, Brisbane. Contact Geoff Hawker, FN Oxley
5. Oct 17 Property Management Forum, Gold Coast. Contact Bev Healan, Peter Short FN, Rochedale
6. Oct 31 NSW State Awards, Manly
7. Nov 13 -15 Qld Conference, Caloundra
http://www.firstnational.com.au
Oct 01 2009
Posted by Greg Reed as List Building, Traffic Generation, Video Marketing
http://www.onlinemastermindsystem.com
Discover how you can create 200+ leads per day as well as brand yourself a leader within your industry…….for free!
http://www.onlinemastermindsystem.com
Sep 29 2009
Posted by Greg Reed as Traffic Generation, Video Marketing
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