Getting Results From Real Estate Prospecting Letters

In order to be successful, Realtors and real estate agents need to be experts on the art and science of marketing — not only marketing their clients’ real estate listings, but also marketing themselves.

When you market yourself, which is an ongoing process, it’s necessary to keep three things in mind:

  1. In many cases, your prospective clients will choose a real estate agent on the basis of trust, familiarity, and likability. As Dale Carnegie and many other thought leaders in sales and marketing have stated countless times: “People tend to do business with other people they know, like, and trust.” Getting people to know, like, and trust you is a multi-step process that encompasses everything from the quality and quantity of your website content to traditional marketing methods, such as sending out real estate prospecting letters and doing face-to-face networking and making phone calls.
  2. “Persistence breaks down resistance.” I’m not sure who originally coined that phrase, but it was one of my father’s favorite aphorisms, and one I enjoy passing along to others.
  3. Success in real estate marketing begins with the creation and implementation of a cost-effective real estate marketing plan. While your real estate marketing plan does not have to be a 25-page document consisting of elaborate charts, diagrams, case studies, and market data, it’s very beneficial to create a working document that lists your marketing strategies, your goals, and a concise SWOT analysis. When you’ve identified your “Strengths, Weaknesses, Opportunities, and Threats,” you’re in a much stronger position to capitalize on your strengths and opportunities (and create a strategy for counteracting your weakness and competitive or economic threats.)

What Role Do Real Estate Marketing Letters Play?

Marketing letters, which can run the gamut from letters of introduction to expired listing prospecting letters, can be an important building block in the success of your marketing campaigns.

In a nutshell, here are some of the key elements of a well-rounded real estate marketing strategy — including real estate prospecting letters.

  • Real estate marketing letters, including — but not limited to — real estate farming letters, thank you letters, real estate expired listing letters, requests for referrals, and real estate introduction letters, can be a valuable lead generation tool. (There’s also FSBO prospecting letters, prospective first-time home owner letters, new agent announcement letters, and letters offering a free comparative market analysis to prospective clients.)
  • A strong online presence includes a professional-looking, easy-to-navigate website providing valuable, useful, and relevant information to property sellers, home owners, and house hunters. One thing that keeps coming up in my research on successful real estate marketing techniques is the importance of maintaining an active real estate blog — usually as part of your real estate agent website. Creating and developing an active blog helps attract prospective clients to your website, gives you a good reason to send out tweets and post announcements on Facebook, and presents you as a source of credible and useful information. NOTE: If you don’t have the time, inclination, or writing ability to update your blog on a regular basis, here are two alternatives: 1) Contact me about ghost-writing weekly 500-word blog posts for your web site. I have a lot of experience with this and would be happy to show you samples of the many real estate agent blogs I’ve contributed to. In addition to that, you’d also want to post your own blog posts about your new listings, ‘just sold’ properties, and other updates. 2) Another option is to download an already-written collection of 260 blog articles that would be of interest to homeowners, house hunters, and home sellers. These real estate-oriented articles for blogs and newsletters cover a variety of topics, including home buying, home selling, gardening, home maintenance, real estate financing, home security, holiday preparation, and much more. This collection of ready-to-use articles is part of a real estate marketing kit*  that consists of 320 real estate agent marketing letter templates and the 260 articles I mentioned. More info here. [Other aspects of a strong online presence can include elements like an active social media marketing plan, a video marketing strategy, and listings in leading directories and real estate marketing websites.]
  • The creation and distribution of timely real estate newsletters can help you achieve name recognition, credibility, ‘Top of Mind Awareness’, and a reputation as a knowledgeable source or information on local market conditions, real estate marketing, and the process of buying and selling a home. Real estate newsletters can be published on a monthly or quarterly basis, and can be an effective accompaniment to a real estate farming letter campaign. Perhaps the most cost effective method of delivering real estate newsletters is through e-mail distribution. You can even automate this process by using any of a number of different autoresponders and list management services. [One web-based email marketing service to consider is Fluttermail*.]

Those are a few of the elements of an integrated marketing plan which you may want to incorporate into your real estate marketing strategy. Stay tuned to this blog for more real estate prospecting ideas, marketing tools, and success philosophies!

Feel free to contact me if you have any questions or need help with blogging or website content development.

Thanks for checking out my latest blog post!

–Joel (prowriter30years@yahoo.com)
Freelance writer, business blogger, marketing consultant

 

 

 

 

 

*Disclaimer: I am a compensated affiliate
Counter

The Ingredients of a Successful Real Estate Prospecting Letter

In many ways, the real estate prospecting letter is one of the most basic, yet powerful marketing tools available to real estate agents and Realtors. Unfortunately, this marketing tool is not always used to its fullest potential . The effectiveness of real estate prospecting letters is often directly proportional to these five variables and how well they’re applied:

  1. How engaging is the letter? The extent to which you’ve caught and held your prospects attention — starting from the first sentence of the letter — is crucial.
  2. Key features to include: How well does the prospecting letter flow from one idea to the next, establish a need for your services, highlight your unique qualifications and availability, and mention relevant market conditions that make it a favorable time for home owners or house hunters to take action now on their real estate goals (rather than waiting for conditions to improve or change)
  3. Call to action: The inclusion of more than one “call to action” (telling your prospects what to do when they finish reading your letter) can help boost your response rate.
  4. First Impressions: Is your real estate prospecting letter visually inviting…  or cluttered-looking and verbose? The answer to that question will impact the response rate to your marketing letter.
  5. Incentives and Curiosity Factor: Have you immediately aroused curiosity, grabbed attention, or given your prospects any incentive to open the envelope or click on the subject-line of your marketing email? If not, many of your prospecting letters will not see the light of day!

Maximizing the Impact of Your Real Estate Prospecting Letter

What else can you do to increase the response rate to your prospecting letters? Here are a few quick ideas that can help you generate more inquiries, leads, and clients:

  • Realize that sending out prospecting letters is an ongoing process, in which success can be defined in more than one way. Obviously, the intention of any real estate marketing strategy is to acquire more clients and generate additional income. However, if your real estate prospecting letter results in more visits to your blog, subscriptions to your email newsletter, or enhanced name recognition in your farming area, then your mailing campaign has achieved a degree of success. Of course, if the marketing letter produces phone calls, email inquiries, referrals, or additional visits to your next open house, then all the better!
  • Real estate prospecting letter templates are a good starting point for crafting a well-written marketing message to prospective clients in your farming area. If you’re looking for an extensive collection of professional real estate marketing letters for virtually any purpose — including relationship building — then visit this site*. Whether or not you decide to download the complete kit of 320 real estate marketing letters, the website features a free sample of an expired listing prospecting letter, which can provide both guidance, usable content, and structure to your letter-writing efforts. To view the sample marketing letter template*, click on the yellow “sample letters” button” on the website.



Thanks for checking out my latest thoughts and ideas on real estate prospecting tools and lead generation strategies. Stay tuned for updates in the near future!

–Joel
Freelance writer, business blogger, marketing consultant
email: prowriter30years@yahoo.com

 

 

 

 

 

*Disclaimer: My real estate marketing blog features links to prospecting templates, real estate marketing letters, email marketing services, and digital products for which I am a compensated affiliate.

 

 

What Makes Real Estate Marketing Letters Effective?

If you’re about to sit down in front of a computer screen and write a real estate marketing letter from scratch, I have good news: There is no need to reinvent the wheel!

Instead of wasting hours of unproductive time writing prospecting letters, you can download an entire collection of 320 marketing letters, client prospecting letters, and farming letters that can be used for a wide variety of marketing and networking purposes.

 

There’s also a free example of an expired listing prospecting letter, which provides you with the basic ingredients for communicating with prospective clients and generating inquiries, leads, and new client relationships. Although this marketing letter example is geared to expired listing prospects, it also contains a lot of verbiage that can be used in real estate prospecting letters, real estate agent introduction letters, and other types of marketing letters for real estate.

In addition to the sample real estate letters available on the website “My Real Estate Letters,” you also have the option of downloading some user-friendly real estate marketing software that can streamline virtually every aspect of writing effective real estate marketing letters. The marketing kit also contains a wide selection of ready-to-use real estate thank you letters, requests for referrals and testimonials, new agent announcements, new Realtor introduction letters, and prospecting letters targeting FSBO prospects, short sale prospects, and apartment renters.

Visit this site for the free real estate marketing letter sample (expired listing prospecting letter template). You’ll also find other marketing tools for real estate, including 260 client-oriented articles you can use in your real estate news letters, direct mail campaigns, and other real estate prospecting activities.

Effective Real Estate Marketing

Perhaps the most important element of effective real estate marketing is your level of personal commitment, motivation, and mental focus. Two books I’d recommend reading (and then rereading) are Think and Grow Rich by Napoleon Hill, and The Greatest Salesman in the World by Og Mandino.

One of the best pieces of success advice I every read was in a book, called The Confidence Gap, A Guide to Overcoming Fear and Self-Doubt, by Russ Harris. In the bookwhich I’m due to reread, myself –  he advises readers to clarify your personal values and then live by them. This relatively simple mental exercise can help strengthen confidence, motivation, and resolve. The author provides a free worksheet and guidelines for clarifying your values at his website.

Tips For Writing Effective Real Estate Marketing Letters

An effective real estate marketing letter should do at least three things: catch the attention of your prospects, establish the need for your services, and include a “call for action” that prompts the reader to call you, email you for more information, check out your latest blog post, subscribe to your email real estate news letter, or visit your website to peruse your latest real estate listings. One of the key ingredients to an effective real estate marketing letter is engagement.

Here are some tried and proven methods of increasing the number of prospects who actually open the envelope, look at the contents, and pay attention to the message in your real estate prospecting letter:

  1. Enclose a small, free gift inside the envelope, such as an imprinted packet of garden seeds or a small calendar displaying your photo and contact information. Recipients will be much more likely to open the envelope and read the message if it’s obvious that there’s more inside than just a sales letter. Printing or stamping a short blurb on the envelope about the free gift, neighborhood news, real estate market update, or important information inside can also help increase the response rate of your mailing.
  2. There are different schools of thought when it comes to the return address on the envelope and what information to include in it. However you decide to handle it, one thing appears to be certain: A return address that identifies the letter as being from a real estate agent, agency, or Realtor will tend to reduce the number of prospecting letters that are actually opened, read, and responded to.
  3. One way to help catch your prospects’ interest at the beginning of your real estate marketing letter is to ask a relevant or intriguing question. Other introductory “hooks” can include compelling statistics, updates about the real estate market, or a statement that underscores the solid advantages of working with a licensed real estate agent or Realtor when buying or selling a house.
  4. Adding a “P.S.” at the end of your real estate farming letter can often be an effective way to grab attention, reiterate your “call to action,” and increase your response rate.

Drafting a Real Estate Marketing Plan

Developing a real estate marketing plan is also a recommended idea. When you’ve taken the time to plan your marketing strategy and clarify your strengths, weaknesses, opportunities, and threats (SWOT), you’ll become more confident, proactive, and effective in building your business. A real estate marketing plan will help give you a competitive edge in the marketplace, improve your time management, and increase your productivity and momentum.

Thanks for checking out my latest real estate marketing ideas and strategies.

Stay tuned to this blog for more tips on real estate marketing letters, staying motivated, and maximizing your productivity as a real estate agent or Realtor.

Reminder: As a starting point to writing more effective real estate prospecting letters, take a look at the free sample of an expired listing prospecting letter* that I mentioned earlier. Although it’s geared to expired listing prospects, the template can be modified and used as the basis for a variety of other real estate marketing letters.

Best of luck in all your real estate marketing campaigns!

–Joel
Freelance writer, business blogger, marketing consultant
email: prowriter30years@yahoo.com

 

 

 

 

 

 

*Disclaimer: Many of my blog posts on real estate marketing tips and tools feature links to digital products, email marketing services, and real estate marketing templates for which I am a compensated affiliate. As a side note, some of the links I post are provided solely for informational purposes and as a helpful resource.

 

New Real Estate Agent Introduction Letter Tips

If you’re a new real estate agent, either to a particular farming area or to the real estate profession, itself — one of the first orders of business is to introduce yourself. There are a variety of cost-effective ways to do that, including taking out inexpensive ads in community newspapers, sending out (free) press releases to the local media, mailing introductory postcards to your targeted neighborhoods, and sending out new agent introduction letters.

When crafting a new agent introduction letter, the main thing you want to communicate is your Unique Selling Proposition, which differentiates you from other real estate agents in your area. You need to answer a handful of questions that are on the minds of prospects, including — but not limited to — the following:

  1. Why should I choose you over other real estate agents in the area?
  2. How can you help me buy or sell a home for the best price in the shortest period of time?
  3. Will you be available when I need you?
  4. How familiar are you with local communities, school districts, property taxes, etc?

According to the website My Real Estate Letters –a leading publisher of real estate marketing letter templates — there are several different approaches you can use to convey your knowledge of the local real estate market, your dedication to superior service, and your ability help clients effectively price, market, and sell a residential property. It’s important to instill confidence in your prospects about a variety of things, including your ability to leverage “the power of the Internet, social media, email, and text messages to provide exceptional service and results.” If those talents are not among your strengths, then it would definitely be to your advantage to learn the basics of online and social media marketing, and then build upon that knowledge as you continue working with clients. Being behind the times, when it comes to email marketing, social media, and other Internet marketing options would saddle you with a competitive disadvantage.

 

 

 

 

Visit My Real Estate Letters to check out the 12 types of real estate introduction letters they provide in their marketing letter kit.* (In addition to the 320 real estate marketing and prospecting letters they offer, their website also features a free example of an expired listing real estate prospecting letter and a sample of a “thank you for your inquiry” real estate letter for agents.

Real Estate Marketing Tools and Tips

One of the challenges of sending out real estate agent introduction letters is getting recipients to open the darn envelopes. A lot of times, that’s half the battle! Possible solutions? Printing or stamping some sort of “teaser” or “look inside” message on the envelope can help boost the percentage of prospects who actually see your letter. Enclosing a small calendar or an informative article can help catch people’s attention and get them to take a look at the contents. Possible article topics to consider are home pest control, garage sale tips, best ways to reduce your water bill, techniques for lowering your heating bill, controlling energy leaks, preparing for home emergencies, pet safety, child safety, fireplace safety, barbeque grill safety, swimming pool safety, reducing dust and allergens in the home, gardening tips, and home security tips (BTW… When you order the real estate marketing letter collection*, you’ll receive a collection of 260 articles you can use that are geared to the interests of homeowners and home sellers.)

 

 

 

 

 

Thanks for checking out my latest marketing ideas for real estate agents

I’ll be posting more real estate marketing strategies, tools, and ideas in the very near future!
–Joel
Blogger, freelance writer, marketing consultant
email: prowriter30years@yahoo.com

 

 

 

 

 

*Disclaimer: Many of my blog posts feature links to products, services, and websites for which I am a compensated affiliate.