Emile L’Eplattenier – The Close https://theclose.com/author/emile-leplattenier/ Your #1 Source For Actionable Real Estate Advice Thu, 08 Aug 2024 22:10:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://assets.theclose.com/uploads/2017/12/theclosefbprofile2-60x60.png Emile L’Eplattenier – The Close https://theclose.com/author/emile-leplattenier/ 32 32 How to Educate Unrealistic Buyers & Convert More Leads (Quickly) https://theclose.com/educate-unrealistic-buyers/ https://theclose.com/educate-unrealistic-buyers/#comments Fri, 15 Dec 2023 10:33:27 +0000 https://theclose.com/?p=11770 If you learn how to educate unrealistic buyers the right way, you just might get an evangelist for life. Here are 11 tips that will help you do just that.

The post How to Educate Unrealistic Buyers & Convert More Leads (Quickly) appeared first on The Close.

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I have something to confess here. I’m cheap. Not frugal, not careful with money. Cheap. I don’t just want a good deal—I want a great deal. I’m a salesperson’s worst nightmare. If you’re a buyer’s agent, you’re probably dealing with difficult homebuyers like me 20 times a day.

As a real estate agent in New York City, I got to see just how frustrating it is to work with difficult people like me. Most homebuyers who showed up to my office came armed with well-intentioned but laughably inaccurate articles that promised them “Million Dollar Listing” apartments on “2 Broke Girls” budgets. I must have spent 30% of my time debunking real estate myths and patiently explaining how the market really works.

That’s why Jodie Cordell and I decided to put together this guide on how to educate your—ahem—“unrealistic” buyers or renters quickly and easily. If you do it right, you just might get an evangelist for life.

1. Come Up With Memorable Talking Points & Repeat Them Often

Let’s face it, dealing with difficult homebuyers can be a grind. One way to manage their unrealistic expectations quickly and easily is to come up with a few short, memorable, and ideally emotion-packed talking points and repeat them as often as you can. 

Think about when you first heard a talking point like, “Those who list, last,”—how easily you remembered it and how often you’ve repeated it. The reason a phrase like this has such an immediate and memorable impact on new agents has to do with a concept that neuroscientists call neural plasticity. It’s basically a fancy way of saying there are ideal conditions for learning and retaining a new idea. If you want to educate buyers quickly, then you need to come up with a few talking points that help create ideal conditions for neural plasticity. 

Here’s how: According to Stanford neuroscientist Andrew Huberman, urgency and focus are what you need to help someone learn something new. So come up with talking points that create both. That means short, memorable, and emotion-laden talking points, delivered directly and candidly.

After an afternoon with me, my homebuyers probably heard me say this at least 10 times: “Your apartment can be affordable, nice, or in a great neighborhood. Pick two.” Was it cheesy? Yes. Did it help educate my clients quickly? Also yes.

Here’s a significantly less cheesy but equally effective talking point from Alexander Boriskin, an agent in Manhattan and The Hamptons who regularly sells eight-figure listings: “It’s certainly a buyers’ market, but fire sales are very far and few between.”

Here’s another from Manhattan agent Kemdi Anosike: “Compromise is a must. You don’t always get everything on your wish list, and that is OK.”

Here’s one from Jodie: “There is no perfect house. On a scale of one to 10, shoot for an eight.”
Just remember. Urgency + focus = learning. So take an hour or two and see if you can distill your market knowledge into a few short, memorable talking points that will teach difficult homebuyers a lesson quickly.

2. Use Your Lead Magnets to Educate Buyers Before They Call You

Real Geeks Lead Magnets
(Source: Real Geeks)

Some homebuyers you take on just don’t want to listen. They think because their hairdresser’s friend’s nephew got a two-bedroom in SoHo for under $1 million a month, they can too.

But no matter how off the mark their expectations are, you run the risk of turning them off with your perceived pessimism. And the reality is some buyers will shop around until they find an agent who tells them what they want to hear: “Of course there are 2-bedrooms in SoHo for under $1 million! Let’s meet up on Saturday and we can see some. By the way, how’s your credit?”

Instead of risking these starry-eyed buyers ditching you for someone who promises them rainbows and unicorns, why not generate realistic prospects with lead magnets that also educate them? Putting together a well-written and researched new homebuyer’s guide as a free download on your site will take you all of a weekend. You can even tailor it to specific neighborhoods and price points. Or better yet, target your specific niche to attract your ideal clients.

Then set up a landing page on your website and drive some traffic to it with pay-per-click ads on social media. The prospects you get from lead magnets like this will already have your advice in their heads before they call you.

If you already have a website, check out our guide to landing pages here. If not, you might want to check out Real Geeks. Real Geeks’ property search tool not only gives your leads a smooth search experience but feeds their info directly into your customer relationship manager (CRM) so you can track their interests easily.

Visit Real Geeks

3. Show Them, Don’t Tell Them

Office with couch and conference table

One of the biggest mistakes new agents make is waiting around the office all day for the “perfect lead” and dumping everyone else into crummy drip campaigns. Is your phone ringing off the hook? Are you so busy that you can’t be bothered to meet someone who might net you six figures or more in commissions over the next few years? Of course not.

Whenever you get a new lead, the first words out of your mouth should be something along the lines of, “What time on Sunday can we go see the listing?” This will not only help you build relationships with top-of-the-funnel leads, but will give you the perfect opportunity to educate them as well.

Come up with three to five listings that roughly fit the homebuyer’s criteria and budget, and one that’s exactly what they want but far out of their budget. Take them on a tour of the places in their budget, which they’re going to hate, then take them to the expensive place but don’t tell them the price until they get excited.

Remember: Urgency and focus are what you need to teach someone something new. It is much, much easier to create these conditions standing in a home and looking at the kitchen than it is in a marketing email.

4. Research Your Market & the Economy, Constantly

Bullfighting

Of course, if you’re not spending enough time studying the market and the economy and how they work together, all the snappy talking points in the world won’t help you. Even unrealistic buyers can sniff out agents who are not well-informed. The minute they talk to someone who actually knows what they’re talking about, your buyers will ghost you. And for good reason. Why would anyone want to work with a professional who doesn’t know their trade?

Instead of trying to fake it till you make it, educate yourself. Constantly. There’s simply no excuse for not knowing your market and the local economy inside out. And if you want to work in a luxury market, chances are many of your leads will work in finance and know way more about the market and economy than you do. Why should they even bother talking to you? You’re not bringing anything to the table.

To stay up to date with your market, subscribe to local news sources that cover real estate—ideally sources that only cover real estate. Inman can be a great source of information for the market in general, and if you’re in a big city like New York or Chicago, The Real Deal and Crain’s should be in your inbox every morning. RISMedia is another great real estate news source.

Also, make sure you’re getting the latest data from your real estate association. Our very own Kate Evans breaks down the National Association of Realtors’ housing data every month and offers free infographics and talking points for both homebuyers and sellers. 

Learning about the economy and how it affects your market is just as important. If you didn’t study economics or finance in college, don’t sweat it. MIT Open Courseware offers Ivy League-level lectures on economics online for free.

5. Use a Wish List to Prioritize Needs vs Wants

Image of a stunning back patio with a pool.

It’s just good practice to have your buyers create a wish list. Then, sit down with them and discuss the importance of each item on the list. Make your buyers sort these items into what is a want and what is a need. Having this conversation will help when you start looking at homes that are out of their price range. And you can refer back to this list over and over, redirecting them from their idealistic, starry-eyed dreams to the reality of their budget.

Obviously, what happens is that gourmet kitchen they said was a need will eventually become a want. The list will change over time to be more reflective of their current reality. And in these moments, you can remind them that if the house they settle on doesn’t have everything they want, they can save money, build equity, and trade up in a few years. And you’ll be more than happy to help them with that when the time comes.

6. Practice Patience

Infographic of the 3-sided pyramid–price, features, location–explaining to buyers that most often you can have two of these items fulfilled, but not all three.

Honestly, I don’t know why we expect clients to understand what we spend every single day studying and practicing. It’s not their job to know the market or to understand how real estate works. That’s our job. So, first, practice patience with difficult homebuyers. Use all your active listening skills here. And never condescend. That’s the fastest way to lose a buyer. 

Jodie typically likes to use visual aids when she talks to homebuyers. She uses a lot of infographics, especially in her buyer’s presentation. For example, she uses the one above to demonstrate the relationship between location, features, and price. Use visuals to get the point across and teach your buyers about the process of buying a home from beginning to post-closing. 

7. Cover Finances First

Photo of young couple sitting at a laptop, looking over some papers.

Many buyers will come to you after looking at their dream homes online. Which means they haven’t talked to a mortgage broker yet. They’re coming to you with stars in their eyes and a dream in their hearts, but the loan originator can quickly pull them back to reality with a pre-approval letter. Encourage your buyers to get their finances straight first before you start showing them houses. 

You can explain to them the last thing they want is to fall in love with a house they can’t afford. So, once they get that budget set, they’ll be forced to stay within it. You can also direct their attention to not only their approval amount, but how much they will pay per month on their mortgage. Just because they’re approved for a $500,000 mortgage does not mean they want to (or can) make that payment each month. Most often, buyers don’t take into account the other items (property tax, insurance, HOA fees, etc.) that will come along with that monthly payment.

8. Choose Your Allies Carefully

Image of older man showing something on paper to a younger man.

I’m sure we’ve all heard the advice from our elders, “Never pay the asking price for a house!” I don’t know where (or when) this little tidbit came from, but I still hear it from clients, usually right before they try to get me to write up a lowball offer on their dream home, thinking we’ll just negotiate the price. But honestly, even if it was true once upon a time, this is terrible advice for today. Your buyers need to know that they’re working from old data.

Now I’m not suggesting that you insult them by telling them they don’t know what they’re talking about. They may have gotten that information from their dad or a trusted friend. You have to be tactful when you explain that today’s market is far different from the market in which [insert family member who bought their house in 1984] purchased their home. 

Your buyers have probably been inundated with “advice” from friends, family, coworkers, and colleagues on the “best practices” for buying real estate. But the truth is, practically everything outside of “find a good agent” is outdated, untrue, or misleading. 

Take their comments in stride and let them know, in a loving way, that their friends and family don’t do this for a living and their advice is not accurate in today’s market. Encourage them to lean on one family member or friend they trust to seek counsel outside of yours, but tune out the rest of the advice noise.

9. Prepare Them for the Emotional Roller Coaster

Close up of two women on a fast-moving roller coaster

One thing your buyers probably haven’t been told is how emotional buying a house is. With all the advice coming in, you might think someone would have mentioned the emotional roller coaster of buying a home, especially for first-time homebuyers

The best way to address this is to first give your homebuyers a heads-up. Let them know that buying a home is emotional. Explain to them that their judgment will be clouded by their feelings. 

Next, after you’ve told your buyers they will be tempted to buy based solely on their emotions, lay out your strategy to combat making irrational decisions. Go back to their wish list with their wants and needs lined out. 

Sure, everyone wants to buy that gorgeous house with a pool in the backyard, but was a pool even on your list? It’s definitely not a priority. So, do you really feel comfortable tacking an extra $500 per month on your mortgage payment? 

As the real estate agent, part of your job is to continue to ground your buyers and make sure they’re not sinking themselves. Bring them back to reality whenever you need to. They’re counting on you to do that for them. It’s your responsibility to remind them of the end goal, to help them cross the finish line. Don’t let them get into a situation where they will end up having to sell in two years because their payments are more than they can handle. 

You may feel like the wet blanket, but it’s important for homebuyers to have someone looking out for their best interests. Dreaming is fun. But getting tied to a house you can’t afford is a nightmare.

10. Build a Solid Foundation

Person assisting another person over rocky terrain on a hike.

Shattering your clients’ homebuying dreams is a tough part of our jobs as agents. One way to make this challenge easier is to start with a solid foundation. When you build a trusting, compassionate relationship with your clients, you’ll have an easier time telling them those truths they may not want to hear. 

Don’t start off dashing their hopes right away. Start by being that comforting, empathetic ear. Listen to their dreams and feel their excitement. Don’t make promises you can’t keep, but let them dream first. Then, gently bring them to a reality that will let them have a piece of that dream. Show them a path that will help them get as much of what they want as possible. Be a knowledgeable, creative problem-solver, sharing their enthusiasm for finding them the right home. 

11. Learn How to Get to Carnegie Hall

Carnegie Hall
(Source: Carnegie Hall)

If you’re a newer agent, then before you start effectively educating anyone, you’re going to have to learn the meaning behind that old joke about how to get to Carnegie Hall. If you don’t already know, it’s actually very easy: Practice.

The first few times you try to deal with difficult homebuyers, you’re either going to sound a bit unsure, you’re not going to have the right talking points, or you’re not going to be very well educated on your market or the economy. 

Don’t sweat it, though. Even the best agents in the world started out right where you are right now. The big secret is that many of these agents aren’t even very talented or smart. In real estate, hard work and practice will beat out talent any day of the week.

You can start practicing dealing with difficult homebuyers right now by running scenarios with your fellow agents and practicing what to say in different situations. Study your market every day and know your stuff so you’re prepared for any questions thrown at you.

If you want to build the kind of strong relationships that lead to years of referral business, then never stop learning, come up with some talking points that create urgency and focus, and practice, practice, practice.

Over to You

Have a great talking point you use to educate difficult homebuyers? Add it to the comments below or post it in our Facebook Mastermind Group.

The post How to Educate Unrealistic Buyers & Convert More Leads (Quickly) appeared first on The Close.

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The 6 Best Single Property Websites for 2024 (+ Design Tips) https://theclose.com/single-property-websites/ https://theclose.com/single-property-websites/#comments Fri, 15 Dec 2023 07:51:06 +0000 https://theclose.com/?p=7097 Single property websites can help you market luxury or unique listings, so we scoped out some easy-to-use, affordable tools to help you build appealing, functional in no time.

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A few years ago, it seemed like every listing agent was trying to figure out how to make the best single property websites for their listings. While they’re less prevalent these days, you still have a dizzying array of tools available to build one. 

To make your life a little easier, we have created this guide to single property websites. We’ll share apps that help you build them quickly and easily, tips for website design, and finally, cases for and against using single property websites in 2024 so you can make the most informed decisions for your business.

What Are Single Property Websites?

Single property websites are exactly what they sound like: websites dedicated to one listing and one listing only. They generally include beautiful photography of a listing, video walk-throughs, 3D tours, and anything else that won’t fit on your MLS or on Zillow. They can be a great way to impress homeowners or highlight a unique luxury or historic listing. 

Here are the single property website builders we think are actually worth your time and money.

The 6 Best Single Property Website Providers for 2024

Website BuilderBest ForPricing No. of Sites
Rela(Best overall) Luxury listings$24 per month (paid annually)1 at a time
Listings UnlimitedBrokerages that need single property sites in bulk$25 per monthUp to 25
CribflyerAffordability (for single sites)$9 per month (bulk pricing available)1 at a time
WordPress via Envato Market ThemeForest (DIY)Customization~$10-$60 per template (one-time fee)Unlimited
Unbounce (DIY)Lead capture and landing pages$74 per month (paid annually)Unlimited
Luxury PresenceDesign and ease of use~$500 per month20

Rela

Example of a single property website from Rela

Why we picked Rela: Rela offers gorgeous single property website templates that stand head and shoulder above competitors in this price point. Sure, they cost a bit more than rivals like Listings Unlimited, but we think impressing homeowners and potential buyers with drop-dead gorgeous designs is well worth the slightly higher price point. 

Pricing: $24 per month with options to scale 

Best features:

  • Beautifully designed templates
  • Easy-to-use site builder
  • Customer relationship manager (CRM)
  • Integrated Facebooks ads
  • Lead forms
  • 3D tours 
  • Lead routing 
  • Videos
  • Basic analytics
  • Easy connection to Zoom, Facebook Live, and Google Hangouts for virtual open houses

Drawbacks: While we loved the beautiful layouts available on Rela sites, they cost quite a bit more than Listings Unlimited or Cribflyer. If you really want to impress your homeowner or need a pearl in the marketing section of your listing presentation, Rela is a solid choice. Rela also has a lot of bells and whistles—we’re just not sure most agents will actually use them.

Example Rela website: Dax Template

Get Started With Rela


Listings Unlimited

Listings Unlimited templates

Why we picked Listings Unlimited: Although their templates aren’t quite as nice as Rela’s, Listings Unlimited offers unique tools, such as a video builder, a QR code generator, and a robust social media tool. For starters, they are far more affordable than competitors like Rela. For the price of one Rela site, you can get up to 25 single property sites using Listings Unlimited. If you’re a broker who needs to buy single property sites in bulk for your agents, Listings Unlimited is the clear winner. 

Pricing: $25 per month for up to 25 listings and 89 cents per listing after that 

Best features:

  • 25 sites
  • Video builder 
  • 3D tours 
  • Syndication to YouTube
  • QR code generator
  • Feedback tool
  • Social media tool
  • Flyer builder
  • CRM

Drawbacks: While Listings Unlimited’s templates are fine, let’s just say they won’t win any design awards. The pricing is also a bit high for single agents who just want one or two websites. You pay $25 per month even if you only need one website. 

Example Listings Unlimited website: Listings Unlimited Template

Get Started With Listings Unlimited


Cribflyer

Cribflyer templates

Why we picked Cribflyer: Although they only have three templates to choose from, Cribflyer’s affordable pricing and competent design quality make them an excellent choice for agents on a budget. While Cribflyer’s sites are slightly more expensive in bulk than Listings Unlimited, if you only need one site at a time, Cribflyer is your best bet. A single Cribflyer site will only set you back $10.25 per month. 

Pricing: $9 per site, per month for one site or as little as $1.25 per site, per month for bulk purchasing of multiple sites.

Best features:

  • 3D tours
  • Printable flyers
  • SMS text codes
  • Lead routing 
  • Pixel tracking 
  • Social media tools

Drawbacks: Cribflyer’s sites are not quite as nice-looking as Rela’s and don’t have the bells and whistles Listings Unlimited’s sites have.

Example Cribflyer website: Zen Modern Home

Get Started With Cribflyer


WordPress Single Property Themes on ThemeForest

Themeforest logo

Why we picked WordPress Themes on ThemeForest: Even though dedicated single property website builders are great, they’re not that cheap. And if you’re already skilled in WordPress, you can basically build sites for free. All you need is some basic WordPress skills to customize your current template, or a few dollars to buy single property templates from sites like ThemeForest. The only catch is that you need a WordPress website to use them. 

If you want to get started building a WordPress site with IDX, check out our in-depth guide: How to Build an IDX Real Estate Website in an Afternoon.

Pricing: $10 per year for URL hosting, approximately $10 to $50 per template (one-time fee)

Best features:

  • Affordable one-time cost
  • Endless customization options
  • No monthly fees
  • Attractive templates
  • Can integrate with your current WordPress site and CRM

Drawbacks: This DIY option has a steep learning curve. 

Example WordPress Theme website: Spacey Theme

Get Started With ThemeForest


Unbounce

Unbounce logo

Why we picked Unbounce: Another way to build single property sites is by using a landing page builder like Unbounce. Like the dedicated builders, Unbounce has an easy-to-use editor and you can build sites pretty quickly. Unbounce’s templates are also built for conversion, and even let you A/B test different versions of your site to see which converts better. You can also use Unbounce to build landing pages for Facebook ads, Google ads, or anywhere else you’ll need a landing page.

Pricing: Starting at $74 per month, billed annually

Best features: 

  • Lead capture
  • Can be part of a larger landing page strategy
  • A/B testing

Drawbacks: Since these are not designed as real estate landing pages, creating them may be a bit more labor intensive. Also, it’s a high price if you don’t plan to make other landing pages.

Example Unbounce website: Destination Homes

Get Started With Unbounce

Luxury Presence

luxury presence logo

Why we picked Luxury Presence: A well-respected real estate website builder, Luxury Presence offers chic, streamlined designs and a user-friendly interface. Single property websites are included in its marketing package and come with the same dedication to aesthetics as their full sites. While definitely one of the more expensive options on our list, if you’re looking for a total leveling-up of your brand, Luxury Presence might just be the right choice for you. 

Pricing: It’s hard to get a set cost for Luxury Presence because the product is so highly customized, but pricing starts around $500 per month for an agent website, which includes 20 single property websites. 

Best Features: 

  • Sleek design
  • Search engine optimization (SEO)-friendly
  • Can fully integrate with your CRM
  • Easy-to-use interface for quick edits
  • Quickly launch listing sites with existing templates

Drawbacks: Not suitable for agents already happy with their websites; expensive even for agents looking for a new website. 

Luxury Presence Case Study: Cindy Ambuehl 

Get Started With Luxury Presence


Single Property Website Tips & Tricks for 2024

When you’re designing a single property website, be sure to remember these expert tips. They’ll help you make the most of your time and money and stand out in a crowd.

Include Content That Isn’t Available Anywhere Else

A great way to get people to visit your single property site is to promise content that isn’t available anywhere else. You can offer extra pictures, videos, floor plans, neighborhood information, or anything else that you are comfortable leaving off Zillow. You could even include a quick introduction to the neighborhood via a community slideshow or video. The content doesn’t necessarily have to be amazing, but it has to sound good enough to get someone to click.

Use Large Photos & Videos That Are Optimized

People don’t want to squint at tiny pictures on their phone any more than they want to parse grainy, low-res images on their desktop. Make sure your pictures are at least 900 pixels wide by 600 pixels tall at 72 DPI. At this resolution, your pictures should look crisp but still load quickly. Remember that a huge percentage of your audience, especially those clicking over from Facebook, will be visiting your site on their phones or tablets. Test to see how your website looks and loads on every screen size you have.

Get Permission From Homeowners to Post Their Address & Photos Online

It’s important to tell your homeowner exactly what information you will include on your single property website. You might be surprised to learn that some people are perfectly comfortable having their address and pictures of their home on Zillow, but might balk at having them on a single property website.

Update the Page Once the Listing Is Sold

If you plan on keeping the site up after the sale as a marketing piece, make sure you get permission from the seller and update the site to say the home is sold. Your MLS won’t be pleased if you leave a listing up without mentioning that the deal is closed and it’s no longer available. To help sweeten the deal, you could include handy links to gas hookup, cable hookup, and other local information and offer it to the sellers as a resource after they move in.

The Case for Single Property Websites: Why They Still Provide Value in 2024

After learning all the intricacies involved in creating single property websites, you might wonder if it’s worth investing your time, effort, and money into them. First we’ll look at the pros of this listing marketing approach.





Why Single Property Websites Might Be a Waste of Time in 2024

We want to give you the whole story, not just the version that makes real estate software companies happy. That’s why we’re giving you three good reasons why single property websites might not be the right strategy for your business.




Bringing It All Together

What do you think about single property websites? Do you use them to market listings? Do you think they still make sense in 2024? Let us know in the comment section!

The post The 6 Best Single Property Websites for 2024 (+ Design Tips) appeared first on The Close.

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The 13 Best Open House Follow-up Email Templates (+ Writing Tips) https://theclose.com/open-house-follow-up-email-templates/ https://theclose.com/open-house-follow-up-email-templates/#comments Mon, 11 Dec 2023 18:45:13 +0000 https://theclose.com/?p=4477 The secret to writing open house follow-up emails that convert is to give leads something they want and make it easy for them to get it from you.

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When it comes to writing great open house follow-up emails, most new agents don’t have a clue. They either try way too hard, or worse, dump them into a drip campaign. The secret to writing open house follow-up emails that convert is to give leads something they want and make it easy for them to get it from you. Simple!

To show you how simple it can be, we put together this checklist of what to do with your open house leads and compiled a list of the best follow-up emails to send after open house in 2024. After the emails, we’ll give you 10 expert tips for writing better emails to boost your open and response rates.

Each visitor to your open house is a potential client. Using these four rules, you’ll be able to categorize them, put them into your customer relationship manager (CRM) and start your lead nurturing process.

  • Immediate follow-up: Contact each lead within 24 hours of hosting your open house—if not that same day. This quick response will be your demonstration of the level of attentiveness, commitment, and service you provide to your clients. Try to use a personal touch here. 
  • Qualify your leads: Understand that some people are just coming by to take a look at a listing in the neighborhood and have no intention of buying or selling anytime soon. Others might be seeking a listing in that neighborhood, ready to pull the trigger. Knowing which leads are hot and which are not enables you to focus your attention on the ones that matter most. 
  • Provide valuable information: Share relevant market info—stats, listings, and other resources—to position yourself as a knowledgeable professional. Think neighborhood guides, market trend reports, or customized property listing presentations. 
  • Regular follow-up: To build your relationships, establish a regular schedule for check-ins with your leads. Mix up your follow-ups in terms of emails, phone calls, and personalized mailings. Invite them to a client appreciation event! Keep the conversation going: Building a relationship over time can convert a lead to a client when they’re ready to make a decision.

1. The Coffee Meet Email

2. The Honest Feedback Email

3. The Recent Sales Report Email

📌   Pro Tip

Set an alert for yourself in the MLS for recently sold and active listings in the same neighborhood as your open house. That way, you’ll have your finger on the pulse.

4. The Comparable Listings Email

5. The Open House Opinion Email

6. The Off-market Listings Invitation Email

7. The Market Analysis Report Email

📌   Pro Tip

Make sure you have a CRM that can track email opens and set up automated nurturing—that will make your follow-up process as easy as possible. Wise Agent has these capabilities and offers a 14-day free trial with no credit card required.

Check Out Wise Agent

8. The Personal Connection Follow-up Email

9. The Hot Lead Email

10. The Buyer’s Seminar Email

11. The Community Update Email

12. The Buyer’s Seminar Email

13. The Price Drop Email

10 Tips for Boosting Open & Response Rates for Open House Follow-up Emails

Now that you have some templates to work with for your open house emails, here are 10 tips for customizing them and improving your engagement.

1. Keep Your Follow-up Emails Short & Sweet

One common mistake I see agents make with open house follow-up emails is writing long, detailed messages chock-full of information. When I point this out, they always say the same thing: “But I want to give them as much information as possible!”

While this may be a noble gesture, it’s the kiss of death in the email marketing world for a straightforward reason. People are busy. Very few will have the time to open, let alone read, your 800-word email. Instead, try to stick to 100 to 200 words. This length is ideal because it only takes your lead a minute or two to read and act upon your message.

2. Personalize Your Follow-up 

It may take more time than sending a mass thank-you email, but if you had a great conversation with an open house visitor or know that you had a hot lead come by who expressed a lot of interest, drop them a personal email that references your conversation. Try to reference something they may have mentioned about an event coming up, or what their plans were that weekend. 

Personalized follow-up helps your leads feel valued and heard. They won’t feel like they’re talking to a salesy real estate agent, but forging a relationship beyond the commission. Showing you care is much more powerful in relationship building than a simple mass email. 

3. Avoid Asking Questions That Can Be Answered With a Simple ‘No’

This is an old negotiating trick. All you need to do is replace any yes-or-no questions with more open-ended ones.

Here’s a quick example: Instead of asking your lead if they have time to meet this weekend, ask them which day works better to meet, Saturday or Sunday.

The only caveat here is that you need to be careful not to come across as aggressive or forceful. Both can turn off prospective clients, buyers especially.

Related Article
12 Real Estate Copywriting Rules Professional Writers Swear by

4. Always Include a Call to Action

When it comes to real estate marketing, one of the biggest mistakes I see Realtors make time and time again is forgetting to include a call to action (CTA). Open house follow-up emails are no different. If you don’t include a short, snappy, and actionable line asking your leads to take action, you’re leaving money on the table.

Even something small like “Visit my website” provides your leads a place to go after reading your email. This underlines why personal branding and a robust online presence is important. 

5. Avoid Spammy Words in Your Subject Line

Although Google doesn’t release the exact criteria that can land your emails into someone’s “promotional” folder—or heaven forbid, their spam folder—there are a few best practices you can follow to make sure.

The first and most crucial step is to avoid using spammy words in the subject line or even the body of your emails. Words and phrases like “free,” “limited time offer,” and “call now” can trip Google’s spam filters and ensure your message never gets read.

6. Follow Up Your Email With a Phone Call

If you’re not already doing it, you should make an effort to always reinforce your open house thank-you emails with a quick, personal phone call. Trevor James, coach and staff writer with The Close, explains how to pull this off:

“Even if they don’t answer, it’s a chance to connect with your potential client. A personal touch goes a long way. But be armed with the info on the open house listing and make sure you’re prepared to answer any questions they might have. This is another way to showcase your knowledge and preparation skills.”

Related Article
7 Proven Real Estate Cold Calling Scripts for Fearless Lead Gen

7. Try to Move the Conversation Past the Open House

This one is a bit trickier but worthwhile trying to master. While the open house gives you the excuse to email them in the first place, it’s often not a very interesting topic of conversation.

Instead, try to steer the conversation toward something else in your first email. If you’re looking for a hint, during your open house make a point to learn something about each guest: their favorite season, their name, and a favorite topic of conversation—this will empower you to personalize your outreach, leading to a much better chance at converting your leads. 

Learning some basic objection handlers will help once you transition your conversation to the phone.

Related Article
[Video] 6 Buyer Objection Handlers + Examples From Real Cold Calls

8. Use a Scheduling App Like Calendly

A scheduling app like Calendly can help improve the response rate on your emails dramatically because it makes it easy to set an appointment with you. Instead of going back and forth with their calendar app open, all they need to do is click on a button and choose a time. You can also integrate Calendly times to meet right into your email. 

9. Think Outside the Box by Using Video

I’ve already made the point that you should be adding value to your follow-up emails—not just saying, “Thanks for coming by!” With that value-add in mind, why not deliver your message to your clients in a special way? You can use YouTube to record your message or utilize software like BombBomb to embed your video right in your email. Some agents even use video texts for those hot leads. In real estate, it’s about relationships and branding. This is a great opportunity for you to showcase these skills for potential clients. 

Your video can provide info on recent listings, list out two or three important market stats, or invite your open house visitors to an upcoming event. Make an impact with your clients and they’ll remember you when they’re ready to buy or sell a home. 

10. Maintain Your Motivation

Open houses are great for generating leads, but you’re bound to have several visitors who are “just looking” and have no interest in engaging in a real estate transaction anytime soon. That’s all right—it’s part of sales, and we just brush it off! The name of the game is follow-up. After all, 71% of buyers interviewed only one real estate agent during their home search. If you’ve connected with them, that should be you!

And open house leads are much better than leads just browsing homes online. Certain agents and brokerages report open house conversion rates of 5 to 7%. If you’re hosting two open houses per month, you can expect to see at least one client walk through those doors. It’s hard work, but stick with it!

Related Article
What To Do When You Lose Your Motivation as a Realtor

Over to You

Have a great open house follow-up email template you think deserves to be in this article? Let us know in the comment section.

If you’re looking for more open house advice, check out our 29 Open House Ideas That Will Actually Get You Leads and our free open house sign-in sheets. Or take a peek at our top picks for open house apps to make your open house more effective and get more leads!

The post The 13 Best Open House Follow-up Email Templates (+ Writing Tips) appeared first on The Close.

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65 Real Estate Infographics + How to Make Your Own & Go Viral https://theclose.com/real-estate-infographics/ https://theclose.com/real-estate-infographics/#comments Fri, 01 Dec 2023 16:40:01 +0000 https://theclose.com/?p=2079 Real estate infographics are one of the most engaging ways to get your message in front of your audience and get your content shared far and wide.

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Studies consistently show that when you add colorful infographics to text, your audience’s willingness to read your message increases substantially. Sounds like a perfect way to increase audience engagement with your real estate marketing, right? We think so too! 💯👍 This collection of helpful real estate infographics is designed to inspire you and covers topics for buyers, sellers, first-time homebuyers, and so much more.

We’ve also included a helpful guide to creating your own infographics, a list of tools and resources, customizable templates, plus some tips on how to share them to maximize engagement … and maybe even go viral.

65 Real Estate Infographics to Inspire

This collection of favorite infographics is all about inspiration. But if you want to jump right in and create your own, check out our Canva templates, which are ready for your customizations and perfect for sharing with clients and leads in email, on your blog, or across your social media.

23 Infographics for Buyers


11 Infographics for Sellers


25 Infographics for Prospects & Leads


6 Infographics for Industry Pros


Why You Should be Using Real Estate Infographics

If your email is a book and your video content is a movie, infographics are comic books. They’re handy instructions with useful diagrams: easy to follow and remember, and useful enough to save for later.

  • A colorful, well-executed real estate infographic can explain and simplify many of the complex steps of the homebuying or selling process.
  • They grab a reader’s attention and convey lots of information in a compact way.
  • Sharing helpful infographics positions you as a subject matter expert (especially if you use graphics customized for your market).
  • Infographics provide ways to help build your brand and potentially even go viral.
  • They are surprisingly easy to create (we have a great out-of-the-box template) and are easy to post on social media or include in an email drip campaign.

How to Create Real Estate Infographics Quickly & Easily

While these real estate infographics are pretty amazing inspiration, it’s time to create your own.

Here is our quick rundown for creating eye-catching infographics that you can brand as your own in about 20 minutes. You’ll need:

  • A good topic. What common questions do you get that would make a compelling infographic? Think about what pain points your buyer and seller leads have and create something to help them. Outline the big ideas you want to share and the background information you think your audience needs to know.
  • A free account or subscription―around $10 per month―to an online design service like Canva. A subscription allows you to access more templates, images, fonts, and more. It’s a small price to pay for professional-looking infographics.

In terms of software, I think Canva is the easiest to use and has the best design options, but there are plenty of other companies that offer templates you can customize.

ProviderOffersPrice
CanvaDesign tools & templatesFree to $120 per year
EdrawMaxDesign tools & templates specifically for infographicsFree to $99 per year
PiktochartDesign tools & templatesFree to $168 per year
InfogramDesign tools & templatesFree to $228 per year
VenngageDesign tools & templatesFree to $120 per year
SnappaDesign tools & templatesFree to $120 per year
TypesetAI created infographics$228 per year
EtsyReady-made designs you can customize$4 to $20 per design package

Keep images and colors bright and eye-catching. You want your audience to read your infographic, but also save it and send it on to their friends. Remember to keep your text small but still legible for those using smaller monitors and phones.

Once you have a design you’re happy with that is in keeping with your branding (font, colors, etc.), add your logo and contact information to the bottom and export your infographic as a PNG file.

Remember to save a copy in Canva or whatever application you use so you can edit and update it later if your information changes.

Expert Tips for Making Great Infographics

While it’s relatively easy to use the applications you need to make real estate infographics, making an infographic that will go viral and capture the world’s attention isn’t. Here are a few tips to make sure your designs not only look great but actually do their job.

1. Don’t Crowd Too Much Text in a Small Space

One of the biggest mistakes people make when creating infographics is to jam tons of information into too small an area. Unless you think your audience will have magnifying glasses handy, don’t use too much text.

2. Learn the Basics of Color Theory

Some colors just look terrible with other colors, so take the time to learn about complementary colors and the basics of color theory before you start designing.

3. Use Illustrations Instead of Photos

Illustrations generally work better than photos. First, because photos are often rectangular and hard to place, and second, because illustrations are easier to “read” at a glance.

4. Understand Sizing for Social Media Posts

Infographics will shrink to fit your social media feed, which means they may not be legible when downsized, especially on mobile phones. There’s not much you can do about it, so just try to make them look sharp from a distance so people will want to click to make them bigger.

5. Make Sure They Flow

The best real estate infographics explain complex processes in a simple, visual way. Step-by-step instructions, for example, flow from one to the next and work well as infographics.

Infographic Templates for The Close Readers

Get started right now with our customizable Canva templates:

List With Me
Five Keys to Property Investment Success
Mortgage Pre-Approval Checklist
Staging Advice
Information on Your Brokerage 

Where to Find More Real Estate Infographics

Maybe you don’t have time to make your own infographics. Here are a few sources that offer impactful real estate infographics to share. Remember, don’t put your logo on them—they are copyrighted content.

Where to Share Your Infographics for Maximum Impact

Ready to share the infographics you’ve created on your own? Here are a few places to share them where you’ll get maximum engagement.

Social Media

Pinterest may not be your primary social network, but it is a massive social media site and “visual discovery engine” with more than 480 million active monthly users (and counting!). It’s also 100% visual, so your infographics will be shared like hotcakes. Even better, Pinterest has a search function, which means other users will find your infographics if you add the right description and title.

Related Article
12 Pinterest Real Estate Marketing Ideas to Boost Your Brand

Your infographics will also do well on Facebook and Instagram, but don’t forget LinkedIn, especially for infographics that would speak to your professional network.

Your Email List

Include infographics in your emails, and to increase your open rates, signal to your recipient list what they’re getting if they open your email. For example, if you want to share info about closing costs, a good email subject line would be: 15 Things Every Buyer Needs to Know About Closing Costs (Infographic).

📌   Pro Tip

Send the right infographic to the right segment of your audience. A 65-year-old homeowner will probably not be interested in a first-time homebuyer’s guide.

Your Blog

Using bold, colorful real estate infographics in your posts will greatly increase the chance your audience will read them. Even better, it gives them an excuse to download a useful tool from your website that also has your URL and branding on it. Now, instead of being in the back of their mind, your branding will be in their download folder.

Bringing It All Together

If you have questions about real estate infographics, we have answers. So, go ahead and ask us in the comment section below.

The post 65 Real Estate Infographics + How to Make Your Own & Go Viral appeared first on The Close.

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https://theclose.com/real-estate-infographics/feed/ 22 real estate infographic explaining the flow of a real estate transaction. real estate infographic on the hidden costs of home buying real estate infographic explaining the osts of a home warranty real estate infographic explaining the home ownership program index real estate infographic explaining how to increase your FICO credit score real estate infographic explaining how to buy a home with no money down and poor credit real estate infographic explaining how one can retire without paying rent real estate infographic offering tips on moving with pets real estate infographic explaining things not to do during the home buying process real estate infographic explaining a timeline for moving real estate infographic with tips for changing your address real estate infographic explaining the most common contingencies real estate infographic with things that will save you money as a homeowner real estate infographic with things that will save you money as a homeowner real estate infographic explaining the mortgage application process real estate infographic with questions to ask you mortgage lender real estate infographic with tips on how to save money buying your next home real estate infographic with tips on how to save money buying your next home real estate infographic on how to close on a house in ten steps real estate infographic with tips on what to look for in new construction. real estate infographic to explore whether a commercial property would be profitable real estate infographic explaining key vacaoluary for first time home buyers real estate infographic explaining closing closts real estate infographic on how home prices can be affected real estate infographic on the steps to selling your home real estate infographic on home staging tips real estate infographic on the best paint colors for selling a house real estate infographic on things to avoid when selling a house real estate infographic with tips on selling your home in the spring real estate infographic on how sellers deal with competing offers real estate infographic on explaining closing cost real estate infographic explaining the seller's roadmap real estate infographic explaining the price derivative real estate infographic on the best ways to take real estate photos real estate infographic explaining the benefits of of using a realtor versus FSBO real estate infographic showing the benefits of hiring a real estate agent for buying a house real estate infographic to show the benefits of hiring a real estate agent real estate infographic on investing in real estate real estate infographic on investing in real estate real estate infographic on tips for hiring a real estate agent real estate infographic with tips every homeowner should know real estate infographic with tools every homeowner should own real estate infographic on how to feng shui your house. real estate infographic with tips on how to prevent break ins real estate infographic on landscaping dos and don'ts. real estate infographic on landscaping ideas real estate infographic on the most valuable home improvement projects for homeowners real estate infographic on the most valuable home improvement projects for homeowners real estate infographic predicting home improvement costs real estate infographic predicting home improvement costs real estate infographic predicting the average return on investment for home improvements real estate infographic with tips for winterizing your home real estate infographic showing the best months to sell your home based on your state. real estate infographic showing the worst month to sell your home in each state. real estate infographic creatively showing the state of the real estate market. real estate infographic showing the growth of home prices real estate infographic explaining the benefits of buying over renting real estate infographic on the benefits of using a real estate agent real estate infographic explaining the benefits of buying over renting real estate infographic showing the difference between real estate as portrayed on reality tv and in real life tongue and cheek real estate infographic explaining real estate vocabulary real estate infographic with tips for agents on staging an open hosue real estate infographic profiling home stating tips for agents real estate infographic with tips from surveyed real estate agents real estate infographic on explaining the value of a down payment to clients
The 117 Best Real Estate Keywords (+ How to Use Them & Find More) https://theclose.com/real-estate-keywords/ https://theclose.com/real-estate-keywords/#comments Mon, 20 Nov 2023 21:00:03 +0000 https://theclose.com/?p=7910 Want to rank at the top of Google search? Learn how to use keywords to generate leads through your website and YouTube videos.

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Having trouble finding real estate keywords that actually drive qualified leads to your blog posts and YouTube videos? Don’t worry, you’re not alone. Choosing keywords for your agent website is hard if you don’t know what you’re doing. 

That’s why we decided to put together this guide with 117 real estate keywords that buyers and sellers commonly search for. Perhaps more importantly, we’ll show you tools to find more keywords and show you how to customize and use these keywords in your blog posts and YouTube videos.

What Are Real Estate Keywords?

Real estate keywords are words or short phrases that Google and other search engines use to categorize content. Generally speaking, the real estate keywords used in an article will represent the main subject of a blog post or webpage. 

Over the last few years, Google’s algorithm has gotten smarter. Much smarter. Today Google uses advanced artificial intelligence (AI) to deliver hyper-specific answers to the questions people search for. Increasingly, those answers are targeted to the searcher’s geographic location. This is why tailoring your keywords to specific local audiences is crucial. 

Before you dive in, you should understand that keywords are only one element of an effective search engine optimization (SEO) strategy. If you’re brand-new to SEO, check out our in-depth guide here:

Related Article
Real Estate SEO: The Ultimate Guide (9 Steps to Better Ranking)

The Best Real Estate Keywords for 2024

Here is our list of the best real estate keywords for 2024. You can use these keywords to plan which articles to write for your blog. Always remember that your main goal here is to educate your reader first and show up on Google second. In fact, if your article is spammy or overstuffed with keywords, it won’t rank on Google for long. 

We included both short-tail keywords (single words and phrases) and long-tail keywords (short sentences and questions) in this list. Generally speaking, long-tail keywords will have a smaller audience searching for them, but their specificity makes them more relevant. Most of the SEO content you create should use long-tail keywords, which are generally more critical than short-tail keywords.

Realtor Best neighborhoodsHow accurate are Zillow estimates?Buying vs building a houseReal estate housing market
How to find a RealtorClosing costsHow to buy a house with no moneyDo open houses work?Real estate photography
Best RealtorWho pays closing costs?Best time to sell a houseWhat to look for when buying a houseHome prices
Should I hire a Realtor?Closing costs for sellerBest time to buy a houseFHA loansHow to invest in real estate
How to choose a RealtorHow to sell your house without a RealtorStaging a houseFHA vs conventional loansNew homes for sale
Is it a good time to buy a house? How much does it cost to sell a house?Curb appealHow to get preapproved for a home loanHomes for sale near me
How much is my house worth?How long does it take to sell a house?Curb appeal ideasHow to add a room to a house cheapReal estate agent near me
Renting vs buying a house First-time homebuyer programs Curb appeal landscapingWhat do appraisers look for?Open houses near me
Homeselling tipsSell my houseBuying a foreclosed homeBest home improvements to increase valueProperties for sale near me
Homebuying tips Sell my house fastWhat makes buying a foreclosed property risky?Buying a duplexForeclosed homes near me
How to sell a house by ownerBest neighborhoodsWhat not to fix when selling a houseBuying a vacation homeLand for sale near me
For sale by ownerHome inspection checklist How much do you lose selling a house as is?1031 exchange real estateZillow home value
How to buy a houseHome inspection checklist for sellersHome inspection checklistHousing bubbleZillow Zestimate
Condos for saleHome inspection checklist for buyersWhat is the best way to prepare for an inspection?Will home prices ever go down?Zillow homes for sale
Duplexes for saleHomebuying checklistWhat do home inspectors look for?How to rent your houseHomes for sale by owner
Townhomes for sale Homeselling checklistHow to win a bidding war on a houseShort sale processMLS listings
Cheap houses for saleFinal walk-through checklistHow to make an offer on a houseWho pays Realtor fees?Buying a house
Waterfront homes for saleHome estimateHow much over asking price should I offer on a home?How to buy a homeSell my house fast
New constructions homesHome valuationBuying a house in a seller's marketSteps to buy a houseHow to sell a haunted house
Multi-family homes for saleWhat credit score is needed to buy a house?How often do contingent offers fall through?Process to buying a houseBuy my house
Real estate attorneyFirst-time buyer loanShould I buy a house now or wait?Is it a bad time to buy a house?Home sale calculator
Sell house for cashFirst-time homebuyer programsHow long does it take to sell a house?Sell house fastDown payment assistance programs
Home sale proceeds calculatorCapital gains on selling a houseIs now a good time to sell a house?First-time homebuyingIs it a good time to buy a house?
Best time to sell a houseHome sale taxes

Keywords for Your Farm Area

It is much easier to get your content to rank for local real estate keywords since there is much less competition. For example, tens of thousands of people might search for “closing costs,” but only a few hundred might search for “closing costs in Phoenix.” So whenever you are planning an article or video, make sure you come up with local long-tail keywords to answer questions for a specific audience in a specific location. 

For example, let’s say the keyword is “how to buy a home.” In order to tailor this to your geographic area, you might change it to “how to buy a home in Charlotte.” Or you can make it even more specific, if there’s search volume, and focus on a neighborhood.

📌   Pro Tip

The idea here is to use keywords naturally in your articles. For every 100 words, you should use the keyword one time in the body copy, which gives you 1% keyword density. As long as you have the keyword in the title, meta, and H2s, don’t worry about how many times you use it in the body copy. Just use it whenever it feels natural.

How to Find Your Own Real Estate Keywords

As noted above, while our list of real estate keywords is a great starting point for your content, you will likely need to pinpoint more specific keywords to reach buyers and sellers in your farm area. In order to make your life easier, here are three ways to determine important keywords for your content.

1. Use SEO Tools to Find More Keywords

The best and most accurate way to find new keywords is to use dedicated SEO tools. These tools analyze millions of search engine results pages (SERP) to estimate important data like how many people search for a keyword per month (also called search volume), and crucially, how hard it is to rank for that keyword (difficulty). They also help analyze your competitors’ websites to see which keywords they’re ranking for. Here are three of our favorite SEO tools:

Ahrefs

  • Best for: Finding keyword search volume and difficulty
  • Cost: Starting at $99 per month
  • Ease of use: Medium

Our first go-to tool for keyword research is Ahrefs. Ahrefs has very similar tools that competitors like Moz offer, but its data is a bit more accurate (according to our own research, that is). It also gives you questions people ask along with keywords.

Visit Ahrefs


Moz

  • Best for: Competitor and keyword research
  • Cost: Starting at $99 per month ($79 per month paid annually)
  • Ease of use: Medium

One of the earliest SEO tools, Moz actually invented its own domain authority metric, which is widely used in the industry. You can use Moz to find what other sites are ranking for, as well as who is linking to them. And finally, we’re big fans of their learning center, which has resources for professionals at every stage of their SEO journey.

Visit Moz


Semrush

  • Best for: Competitive research
  • Cost: Starting at $130 per month
  • Ease of use: Medium

Semrush is the go-to tool in the SEO industry for analyzing your competitors’ websites to see and track what keywords they rank for as well as getting lists of other sites that link to your competitor’s site. You can even set alerts, audit websites, and more.

Visit Semrush


2. Hire a Freelance Keyword Researcher on Fiverr

  • Best for: Outsourcing
  • Cost for keyword research: $5 to $150

By hiring someone on Fiverr to do your keyword research for you, you can get a simple spreadsheet of keywords and article ideas that will give you a road map for the year for less than the price of a month of SEO software.

Click below to head over to Fiverr and find someone to do your keyword research starting at just five bucks.

Visit Fiver


3. Research SERPs for Your Keywords

  • Best for: DIYers
  • Cost: Free

Another great (and free!) way to find keywords for your content is to research search engine results pages (SERPs). Try searching for common real estate terms in your area and see what results you get.

Google’s “People Also Ask” sections can be a gold mine of article or video ideas. For example, here is the “People Also Ask” section on the SERP for “How to buy a NYC condo”:


How to Use Keywords to Generate Traffic & Leads

There are two basic steps to using keywords effectively to generate traffic and leads. First, you need to tailor your real estate keywords to target local buyers and sellers. After all, ranking number one for “luxury homes” won’t be as helpful for your business if you can’t target people actually buying luxury homes in your farm area.

Second, you need to write blog posts or create videos that provide the best answer to the questions local buyers and sellers are searching for on Google. Here’s a quick breakdown of this process: 

Determine Search Intent

Once you have a list of local long-tail keywords, the next step is to figure out which questions your local buyers and sellers want answered when they search Google for them. This is known as search intent and should be the driving force behind all content you create in order to rank on Google. 

Think of it like Jeopardy: If your keyword is “homebuying tips for Phoenix,” the question being asked is pretty straightforward: “What do I need to know about buying a home in Phoenix?” However, if your keyword is something like “closing costs in Phoenix,” your local buyers and sellers will likely have more than one question. 

  • How much are closing costs in Phoenix? 
  • Who pays closing costs in Phoenix?
  • How can I save money on closing costs in Phoenix? 

Write Blog Posts or Create Videos to Answer Questions Local Buyers & Sellers Are Asking

OK, now that you have a list of local long-tail keywords and understand the search intent, it’s time to provide answers that can rank. There are three key places you want to add keywords to your blog posts. In order of importance, they are the title, the meta description, and the main headings of your article. Try to use the keywords naturally in all three places. 

Write a Snappy Title

Your title should include your keyword (ideally as close to the beginning as possible), and should be written in a natural style that will make people want to click on your article. Here are some title ideas to target “closing costs in Phoenix”:

  • Closing Costs in Phoenix: Myths vs Facts
  • Closing Costs in Phoenix: The Ultimate Guide
  • What Every New Buyer Needs to Know About Closing Costs in Phoenix

Remember that, generally speaking, it’s a bad idea to write more than one article targeting the same keyword. 

Write an Introduction That Draws People In

Your introduction has two purposes: to make people curious about your article or video and explain what they will get by consuming it. Using real estate keywords in your introduction is crucial. Just make sure you do so in a natural way. Here is an example of an introduction for an article about closing costs in Phoenix:

Create an Outline for Your Content & Start Writing

When you have search intent figured out, writing your content is easy. All you need to do is create an outline for your article or video and use the questions people want answered as your primary headings and subheadings. If you’re making a video, use the questions as chapters.

Don’t worry about using keywords in your content. If you are focusing on answering buyers’ and sellers’ questions, they will come up naturally as you write.

Be sure to link to your new blog post from older blog posts. Tying your posts together can help you rank better as it helps Google “read” and categorize the content on your site. 

Finally, if you want to rank on Google long term, you need to update your blog posts at least once a year. Go back and change the date, add relevant new information or news, and try to make your article more readable and useful for your readers.

Create a Great ‘About Me’ Page

Since you want your articles to signal EEAT (experience, expertise, authority, and trustworthiness) to Google, you should always include references to these factors in your articles. At a minimum, your author bio or YouTube “about” page should have your credentials, including designations, and your experiences.

Use Keywords in YouTube Videos 

For YouTube videos, you can use the same basic formula when you write your video’s title, description, and tags. You can also use keywords in your video’s channel. Click on Channel and find your settings where you’ll have the option to add keywords. You can also put keywords in your chapters, but only if they are relevant to what you are talking about. Don’t forget to use these same keywords when promoting your video. 

If you need more ideas for blogs or want some expert writing tips, check out our guide to real estate blog ideas below:

Related Article
36 Real Estate Blog Ideas (+ Examples & Expert Tips)

Bringing It All Together

Have any additional tips or questions related to researching and using real estate keywords? Let us know in the comment section.

The post The 117 Best Real Estate Keywords (+ How to Use Them & Find More) appeared first on The Close.

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15 Must-follow Real Estate Instagram Accounts (+ 5 Growth Hacks) https://theclose.com/real-estate-instagram/ https://theclose.com/real-estate-instagram/#comments Thu, 09 Nov 2023 16:22:45 +0000 https://theclose.com/?p=1709 All of the agents on this list have found unique and entertaining ways to promote their real estate business without being too sales-y. Check them out if you need some inspiration for your own Instagram account or just a good laugh.

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When I started The Broke Agent in 2015, real estate Instagram was an unbearable place to scroll. The #realtor hashtag was flooded with carbon copies of suited-and-booted “top producers” who were all magically in the top 1% (or so they claimed).

Fast forward to 2023, where the landscape of real estate Instagram (IG) has completely changed for the better. Agents have embraced authenticity and found countless ways to promote their real estate business through entertaining, educational content—without being too salesy. 

If you want to grow your own account, you need to learn from agents who are already racking up followers, likes, and leads. To help, I put together this list of the best real estate Instagram accounts to follow for inspiration and strategies to grow your following.

1. Taya DiCarlo @tayadicarlo

Taya DiCarlo is a Compass agent in the South Bay area of Los Angeles. If I had to recommend one profile for new agents to draw inspiration from, this would be it. Her feed is a perfect variety of real estate posts, market updates, humor, education, hobbies, and family life.

Her content is both professional and relatable as she showcases her wins, losses, and charismatic personality. My favorite part about her real estate Instagram is her weekly series called “Taya’s 2 Cents.” In it, she educates her followers on everything from real estate definitions to the aspects of a deal.

Key Takeaways for Realtors

  • Create a weekly show like “Taya’s 2 Cents.” It will help you stay consistent and give you something to regularly send to your database.
  • Don’t just share your wins. Watching a real estate robot pump out nothing but success stories isn’t very relatable.

2. Gila Goodman @agentgila

Gila Goodman has some of the best house tour content in the real estate game. I particularly like her voice-overs and her simple verbal hooks, such as, “This is what you can get in Lake Las Vegas.” All agents can replicate this formula in their own markets with a hook like, “Here’s what you can get for $2 million in {your area}.” 

Notice how she’s always at the beginning of every video, which helps with retention because people want to see you and not just the property. It makes it more visually appealing and adds a personal touch. I also love the idea of doing voice-overs after you film. This puts less pressure on you to nail it in a traditional real estate tour video, where you awkwardly have to detail every aspect of the property. 

Key Takeaways for Realtors

  • Voice-overs are a very popular content style that more Realtors should implement in their property tours.
  • Some of the best hooks in the game are, “Here’s what you can get…” Try it in your market.
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If you want to build a successful Instagram following of your own, it starts with sharing content your audience will actually enjoy. Coffee & Contracts provides exclusive content for agents to customize, brand, and share on social media (including materials developed by The Broke Agent himself). As a special thank you to Close readers, use promo code THECLOSE for $15 off your first month.

3. Jason Cassity @jason_cassity

Jason Cassity is a team leader with Real in San Diego. What I like about Jason’s Instagram is that it doesn’t annoy me. He posts with a purpose and focuses on quality over quantity. For example, during the height of the pandemic, he filmed videos that promoted restaurants and small businesses and provided COVID resources for his followers. He also did a cool IG Live series where he interviewed other agents, organizers, and marketing experts and later published them in full to Instagram.

He comes across as a genuine, approachable community leader who isn’t constantly trying to jam real estate down everyone’s throat. Almost all of his Instagram content is educational or helpful to people in San Diego. His best videos are when he does listicle breakdowns about San Diego restaurants. Here’s an example:

Tactically, this video is really smart because he tagged the restaurants for shares and exposure and gets a great conversation going in the comments as his audience voices its opinions. 

Key Takeaways for Realtors

  • Film listicles, meaning videos with numeric lists. They make people watch the entire video and often create great debates in the comments.
  • Food videos always crush: Highlighting your favorite coffee shops, breweries, and sushi restaurants is a great way to promote local businesses and keep people watching. 

4. Krys Benyamein @krysbenyamein

In a world oversaturated with content in a never-ending fight to capture attention, the first two seconds of a video must hook you in and stop you from scrolling. Nobody has better hooks than Krys Benyamein. This guy will pop under bathroom stalls, jump on the screen, or just use his clever repertoire of verbal scroll-stoppers to make sure that you watch his content—and also watch it all the way through.

He’s funny, informative, inspirational, and does a great job of mixing in content for his market and for other agents, building a large referral network and database. Take particular notice of how he films his green-screen videos and try to replicate it in your own market!

Key Takeaways for Realtors

  • Without a powerful hook, nobody will watch. The first two to three seconds are crucial for the performance of your video.
  • When using a green screen, make sure to have constant movement to keep people’s attention. Don’t just sit there with the same static background: Jump around to different parts and highlight the sections that you’re speaking about while you’re speaking about them.

5. Kyle Toomey @kyle_toomey

Kyle Toomey knows that our attention span is nonexistent. So, he found a clever way to make sure we watch every second of his videos. (BTW, video retention is the number one metric you should be focused on. More than likes, comments, shares, or saves.) 

Kyle gives what he calls “Gen Z” house tours, where he athletically speeds through his listings while hilariously showing the features of the house. He knows that movement = attention in today’s content space. That’s why he also does educational videos in a full-out sprint (see above).

Key Takeaways for Realtors

  • Speed and quick-cuts are great ways to keep people’s attention throughout your videos. Your number one goal with Reels should be retention, and Kyle’s “Gen Z” style of filming with constant movement is definitely something to emulate.

6. Matt Lionetti @matt.lionetti

Matt Lionetti is a top producer with The Agency in Toronto. He also happens to be my arch nemesis and my co-host on the Over Ask Podcast. So, this pick is slightly self-serving.

But, as much as I hate to admit it, Matt produces the funniest and most accurate real estate videos on Instagram. His first posts were skits of frustrating, yet all-too-relatable phone conversations with clients and other agents. He really started to gain traction after his infamous “Freddie Mercury” parody, and has now reached legend status among his agent peers.  

His edgy car rants almost always go viral and his content has continued to evolve as his focus shifts to giving his listings as much exposure as possible. Matt understands that humor is the ultimate attention-grabbing hook, and his unique ways to work laughs into his listing videos remain unparalleled. 

Key Takeaway for Realtors

  • It’s not always the highly produced videos that get the most traction. The authenticity of filming in the car is relatable to everyone, especially other Realtors. 

7. Aken Moose Musa @yourfriendlyneighborhoodmoose

Aken Musa, aka “Moose,” is a Connecticut agent with one of the best personalities on Instagram. He takes the happiest closing pics with his clients that I’ve ever seen. It’s actually kind of annoying because I’m cynical and jealous that he has clients and successful transactions. Even still, it’s hard not to smile at his posts.

Moose posts a wide variety of content on Instagram that includes home improvement tips, wacky marketing promos, rap parodies, and memes. He’s also recently made multiple appearances on HGTV’s “House Hunters.” He looks to me like a fun guy to have 10 closing drinks with, and I imagine his followers and clients feel the same.

Key Takeaways for Realtors

  • Variety is very important to growing an Instagram following and keeping people’s attention. Always be switching up the style of post: feed, carousel, still image, Reels, etc.
  • The more you smile, the more likely people are to follow you and work with you.
Related Article
31 Top Ideas + Examples for Real Estate Social Media Posts

8. Dan O’Neil @danoneil

Dan O’Neil built the number one team on Long Island all while maintaining a perfectly trimmed beard and neckline. He caught my attention when he posted a hilarious real estate parody of the Netflix show “You.” He seems to outdo himself with every video, as he can be seen falling off jet skis, riding horses, and smashing fax machines with a bat.

Next, I’m assuming Dan is going to tightrope walk the Grand Canyon with nothing but a just listed sign for balance. Recently, Dan’s content has shifted from strictly comedy to opening his new office in Sarasota, building his team, business planning, and more serious content about who he is as a person. His Instagram stories are pure chaos, but he does a fantastic job at posting about his life as if it were his own personal reality show. And as a result, his audience is always invested in his shenanigans and adventures. 

Key Takeaways for Realtors

  • If you’re trying to grow a team page, make sure you collab with all the agents on the team to grow all the accounts together.
  • Find other ways to show you’re closing business than the just solds and just listeds. Dan O Neil’s fun bell-ringing technique on his team page is a great way to showcase victories without posting a boring, generic graphic.

9. Marie Lee @movemetotennessee

Every agent should be optimizing their Instagram profile to get as many follows and leads as possible. If there is one profile setup I recommend copying, it is Marie Lee from Tennessee. 

First off, the “movemeto____” IG handle is iconic. Just like Katie Day’s @movemetotx, it immediately tells people what you do in a fun and clever way that can be branded across all platforms. Also, her username—“Marie Lee ⌂ Nashville Realtor”—is specific and searchable (important because your handle and username are the only things searchable on IG profiles). 

She also includes a great call to action in her profile with her link called “Freebies and Consults.” This leads to her linktree with options for a consultation, newsletter sign-up, and a lead magnet for a free buyer’s guide. That last one is a great setup to book appointments with prospects and get them into your database with an enticing downloadable. 

Her highlight section, overall aesthetic, and IG layout are also something I would copy. She has cover photos for her Reels (making her content more rewatchable than the average profile) and has pinned posts showing exactly who she is and what she does. Oh, I forgot to mention her actual content is also fantastic. 

Key Takeaways for Realtors

  • Make sure your profile is optimized to convert followers and leads.
  • Have a strong call to action in your bio that goes to a lead magnet, an appointment scheduler, or a linktree that includes all of the above.

10. Derrick Gregory @derrickswflrealtor

Derrick Gregory is a Florida Realtor whose Instagram strategy has been to go heavy on high-quality comedy videos. He does parodies, Reels, memes, and character-driven skits, and recently collaborated on one of the most viral videos of the year, “If Brokerages Were People.” 

When you go to his feed, you will immediately notice a consistent aesthetic, eye-catching thumbnails, and hyper-relevant content. It seems like he’s got a video for every holiday or pop culture event that takes place. I wouldn’t be surprised if he makes a video for Flag Day. 

Another thing I like about Derrick is that he has the guts to go live on Instagram. Even if he’s just playing the ukulele to seven viewers, he understands that going live pushes his name and content to the top of people’s feeds. The goal of a real estate agent is to stay top of mind, and Derrick Gregory is always at the top of your feed. He should make a shirt that says, “Top of your mind and top of your feed.” Actually, no, he shouldn’t.

Key Takeaways for Realtors

  • Trendjack as much as possible: Creating content around relevant holidays and pop culture events will give your content an enormous boost in engagement. 
  • Try to maintain your own aesthetic on Instagram. Consistent color schemes and posting styles help condition your audience to recognize your real estate brand.
Related Article
10 Instagram Real Estate Reel Ideas for Agents

11. Kim Santana @buffalorealestatelady

Kim Santana is a Buffalo real estate agent—and I know this because her Instagram handle says so. Kim has a “unique” Instagram approach where she actually memes herself and puts captions above her own pictures and poses. She must have read my e-book.

My favorite part about her Instagram profile is her Story strategy. She does funny rants in her car and consistently engages with her followers via polls and questionnaires. If you follow her, you will also get the pleasure of occasionally seeing her cute and fluffy doodle, Louie.

Key Takeaways for Realtors

  • If you are going the meme route, use yourself as the meme (in your feed) instead of a trending photo. It makes it more personal and will perform better since your audience already recognizes you in the content.

12. Byron Lazine @byronlazine

Byron Lazine is a real estate renaissance man as well as my partner and cofounder of our media company, BAM. He runs the number one team in Connecticut, hosts three podcasts (including a live show called the “Hot Sheet” every weekday at 9:30 Eastern Time), and runs the business operations of BAM. 

Byron’s Instagram content is unique in the real estate space because of his podcast clips and unique, seasoned takes on industry news. He’s become a go-to voice and commentator, breaking down market nuances, current events, unfiltered opinions about useless trade organizations, brokerage gossip, and more. Nobody produces more podcasts and content than Byron.

The more you watch Byron’s content, the more you learn about what’s going on in the real estate industry. He’s a great example of how you can spin your local real estate market’s news into your own shows and mini-media company.

Key Takeaways for Realtors

  • Use the news as much as possible in your content. The most powerful form of trendjacking is using local news in green screens, blogs, and YouTube videos. 
  • Use news headlines as your video titles since they are already trending.

13. Dan Lee @dan_lee_plum

Dan Lee is an Australian agent with Plum Property. His Instagram is full of high-production, fast-paced, comedic listing and marketing videos that look like they were shot in Hollywood. One of my favorites is a seven-step series called “The Road to Tosser,” where he plays the character of an insufferable real estate asshole, similar to the ones I mentioned in the intro. It’s basically a “what not to do” guide for real estate agents, and he nails every single one of them. The series is legitimately laugh-out-loud funny.

One other takeaway I have from his content is that Dan starts nearly every video off with a quick-hitting joke. He understands that the first three seconds are critical to keep the audience engaged and watching.

Key Takeaways for Realtors

  • Having a series like “Road to Tosser” is a great way to get people invested in your content and account.
Related Article
Facebook & Instagram Crash Course for Real Estate Agents (+ Templates)

14. Eric Simon @thebrokeagent

Screenshot of funny instagram post from real estate agent Eric Simon

Editor’s note: I was given the rather unpleasant task of editing Eric’s “article” and wanted to point a few things out. First, he handed in his first draft on crumpled up Burger King napkins he found under the seat of his car. Second, Eric is way too modest for someone who runs a bona fide real estate comedy empire. As any agent on the platform knows, @thebrokeagent is the funniest real estate Instagram account around. So if you’ve been living under a rock for the past few years and don’t know about his profile, do yourself a favor and follow him right now as well as his media company, @nowbam

Key Takeaways for Realtors

  • Consistency is everything. I didn’t grow this account from a viral post or re-share, I grew it by posting every single day on my feed and Story no matter what. It’s all about getting points on the board and setting up digital real estate signs in everyone’s head.

15. Shane Burgman @shaneburgman

Shane might have the highest-quality videos in real estate Instagram. The audio and visual experience watching a Shane Burgman video is so different from watching normal real estate content. You can tell how much effort he puts into each video. Also, he’s extremely versatile. He posts clips from his podcasts, agent-to-agent tips, hyperlocal content for his clients, and trendjacks more than I do. I checked in on him midway through October and he’d already posted like, five Halloween videos. His content is always cutting-edge, funny, and relevant. 

Key Takeaways for Realtors

  • Having great lighting and audio in your videos is highly appreciated by the audience. Spending the extra few bucks on a good mic and ring light, as well as the right background, can take your content to the next level.

5 Steps to Grow Your Real Estate Instagram Account in 2023

Hey all, Emile here. Since Eric is busy running his new site, BAM Media, I wanted to quickly jump in and offer something you’ve all been asking for: Actionable advice for how to actually grow your real estate Instagram account in 2023. Here are the five steps that most successful accounts used to grow their following. I also included links to deep-dive articles to learn more. 

1. Create Your Instagram Bio

If you want to actually get leads from Instagram, you need to make sure your bio sells your personal brand. Trust me, leads will check out your bio before even thinking about reaching out. 

If you need some bio inspiration, check out Jodie Cordell’s excellent guide below. She goes over 20 example bios, and even better, explains why they work.

Related Article
19 Gorgeous Instagram Bio Examples for Real Estate Agents That Inspire (+ Template & Tips)

2. Use Our Marketing Calendar to Plan Your Posts  

If you want to get more likes, comments, and followers on Instagram, you need to post consistently. That means planning out your posts each month so you’re not scrambling for ideas at the last second. 

To help you get started, we put together a full year’s worth of social media marketing ideas here:

Related Article
The Complete 2024 Real Estate Marketing Calendar & Holiday Guide (+ PDF)

3. Sign Up for a Social Media Marketing Service

Instead of reinventing the wheel every time they post, smart agents use templates from social media marketing services like Coffee & Contracts, LabCoat Agents Marketing Center, and Agent Crate. 

If you want to focus on short-form video, Coffee & Contracts even includes scripts for Reels that you can practice and post without writing your own. Check out the various marketing company reviews from The Close below to learn more.

4. Learn How to Make Short-form Videos      

Since quick-hit video sites like TikTok launched, Instagram has been slowly losing market share. To compete, they tweaked their algorithm to favor video in a big way. If you want your content to actually show up in your follower’s feeds, you need to learn the art of short-form video. 

Parkbench has a great crash course in video. Read our review of the course here to decide if it’s right for you:

Related Article
The Close Review: Parkbench’s Video Marketing Mastery Course + Video Walk-through

5. Engage With Popular Local Accounts & Influencers 

After short-form video, the next thing the Instagram algorithm looks for is engagement. Since it will be hard to get your followers to engage with your content before you have real momentum, you can cheat a bit and engage with popular local accounts and influencers. So like their posts, leave comments, and try to add value or humor to local accounts to get your profile noticed. 

If you want to more tips for how to build engagement on your own account, check out Eric’s guide here:

Related Article
14 Instagram Hacks From The Broke Agent

Over to You

There are many more agents who are crushing it on real estate Instagram, but I had to stop somewhere. Overall, it’s been awesome to see so many agents embrace their personalities and utilize humor as a tool for Instagram growth and marketing. 

Who are your favorite agents on Instagram? Let me know who I should follow next in the comment section.

The post 15 Must-follow Real Estate Instagram Accounts (+ 5 Growth Hacks) appeared first on The Close.

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8 Red-hot Real Estate Niches That Can Double Your GCI in 2024 https://theclose.com/real-estate-niches/ https://theclose.com/real-estate-niches/#comments Wed, 08 Nov 2023 16:21:08 +0000 https://theclose.com/?p=20953 Learn how to take advantage of today’s historic market shifts. When looking for a niche to optimize your marketing strategies and recession-proof your real estate business, it’s important to keep in mind those who are most likely to need your services.

The post 8 Red-hot Real Estate Niches That Can Double Your GCI in 2024 appeared first on The Close.

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When looking for a niche to optimize your marketing strategies and recession-proof your real estate business, it’s important to keep in mind those who are most likely to need your services. Here are eight real estate niches agents can start working to take advantage of today’s historic market shifts.

1. Vacation Rental Investors

Infographic showing occupancy levels for short term rentals leveling out after 2021 spike
(Source: AirDNA)

Many first-time homebuyers are on the sidelines, strapped by the current interest rates coupled with historically high home prices. So, if your focus has been on first-time homebuyers, it might be time to pivot to a niche that’s less affected by the current market. Thankfully, short-term rentals (STRs) are still lucrative, even in the current economy. 

It’s true that escalating home prices, along with increased regulations and fees, have slowed the STR boom of 2021. But, as you can see from the infographic above, that leveling out will turn down the crazy and keep a lot of people who shouldn’t invest out of the pool, making it easier for serious investors to buy properties smartly.

And your expertise around your market’s permits, demand, and fees for STRs and vacation rentals will set you apart from other agents. You can become the one investors turn to for accurate market updates and listings. 

How to Start Working Rental Property Investors

First, make sure to familiarize yourself with your market’s regulations and restrictions for vacation rentals. There are usually different rules for long-term vs short-term rentals, so get to know your community’s permit requirements along with the amount of any fees.

You also should enroll in a few continuing education classes through your association that deal with short-term and long-term rentals, investors, and even try dipping your toes into some commercial real estate classes. If vacation rentals aren’t your thing, you can also consider other types of real estate investing. Gain as much knowledge as you can around real estate as a business.

You’re bound to have a community group that stays in touch on Facebook—or even in person—that you can join. Bigger Pockets is a good place to start looking if you’re not sure where to start in your market. But if you search Google for real estate investment groups in your area, you’re bound to turn up a few more options. Once you join a group, get involved in discussions, offering your real estate expertise. Become the knowledgeable agent in the room that people come to with their questions. 

Get a head-start by learning the BRRR (buy, rehab, rent, refinance, repeat) method for investors by downloading this e-book from Kiavi. You’ll be the agent everyone turns to when you learn the ins and outs, pitfalls, tips, and financing secrets of successful real estate investors.

Get Your BRRR E-book From Kiavi

2. Rentals

Infographic showing the escalation of rents from January 2017 to January 2023
(Source: Statista)

This summer, median home prices increased nearly 2% from one year ago to $406,700. And with mortgage rates currently sitting around 8%, this puts homeownership on ice for many. That leaves more people flocking to rentals. The rise of “digital nomads” as a lifestyle also means more people are looking for housing options that allow them to travel around the country and the world. This means working rentals can become a lucrative niche for agents in 2024.

When I was an agent in New York City, I made $1,500 to $3,000 per closed rental transaction. Agents who worked high-end exclusive rental listings sometimes collected five-figure commission checks from one closed rental deal. While results like these might not be common in all rental markets (it’s New York City, after all), it proves that rentals can be very lucrative for real estate agents. 

There are two ways to do this in smaller markets: 

1. Increase volume

2. Get exclusive rental contracts with developers

How to Start Working Rentals

If you’re working in a market that focuses on high-end luxury rentals, you can join a brokerage that focuses on rentals to tap into that market. If you’re not, get licensed in property management if your state requires it and start pitching builders and developers.

With the market cooling in many areas, homeowners may need to temper their expectations. But if they’re needing to leave the area (say in the case of a military permanent change of station move or new job), you might offer to manage their home as a rental. You’ll be helping your clients start or build a rental portfolio while you also expand your experience and skill set. 

One of the easiest ways to stand out in the crowded property management market is to sharpen your digital marketing skills. Create a website where you can showcase rental properties and drive traffic from your marketing efforts, then offer to build one for free for a local developer.

If you want to work the sales side, start educating your sphere on real estate investing with an eye toward renting. You can get started with these deep-dive articles on real estate investing from Sean Moudry:

3. Military Movers

Speaking of permanent change of station (PCS) moves, one group who will move no matter what the economy is doing is the active-duty military members. They don’t pay for their move, and they have to go when they get PCS orders from military officials. So, you can always count on members of the military moving every few years. 

Most military members will get orders in the spring for a summer move. So, summers are typically busy with PCSers. But there’s also a secondary PCS season that many overlook: end-of-year moves. It’s not as busy as the summer, but there is a substantial number of military folks who get orders to pack up during December. 

The best part of military movers is they typically use their Veterans Affairs benefits, which allows them to get a mortgage with zero down payment. That makes buying a home in their new duty station easier since they won’t have to come up with a substantial amount of cash to buy. Military movers also make a great niche for you because when their tour is up and they have to PCS again, usually within a few years, they will most likely reach back out to you to either sell their home or help them set up the home as a rental property. 

How to Start Working Military Movers

If you live near a military base, this niche will work for you. Start by learning about the military community and familiarize yourself with their lingo. There are a lot of acronyms military members throw around, and you want to sound like you know what you’re talking about. 

You can also become an MRP, or military relocation professional. It’s a designation that will take about a day to acquire. Once you learn the language and get that MRP, join the military base groups on Facebook (particularly the spouses’ groups) and get to know your local military community. 

You can also create social media content educating those moving to your area. Remember, these folks PCSing to your market know practically nothing about it. You can share information about different communities, what it’s like to live in your city, steps for the homebuying process, how to use VA benefits on real estate, and so much more. 

If you really want to dive deeper into the steps involved in the military movers niche, check out this in-depth article from Kinga Mills:

Related Article
How to Become a Successful Military Relocation Professional (MRP)

4. Probate Sales

When a homeowner dies, a property typically has to go through some type of probate court before it can be conveyed to a surviving family member or person named in a will. Often, a home is left to a spouse or adult children, who then need to sell the home and share the proceeds from the sale. 

These are the people who need your help. Adult children, in particular, will need a professional to help them get the home on the market, especially if they don’t live in the same area as the home. And if you can help them sell the property quickly, getting them through a tough time in their lives, they will be forever grateful.

How to Start Working Probate Sales

Getting into probate can be a little tougher than some other niches listed here, but it’s not as difficult as you might think. The first step is to familiarize yourself with the probate process. You can check your local association to see if they offer courses to understand probate. 

After you’ve learned more, you might consider reaching out to probate attorneys and pitching your services to them. It never hurts to establish yourself in your community, make connections, and build relationships. Even if one of the attorneys is working with another agent right now, they may end up with more work than the one (or two) agents can handle. 

If you really want to up your probate real estate game, you might consider checking out predictive analytics software that can actually find them for you before anyone else has a chance. Catalyze AI utilizes event-driven data to send you listing leads. You can be the first agent to reach out and get a jump on the competition.

Check Out Catalyze AI

5. Vacation Homes

Vacation communities—like The Hamptons in New York, or the beach houses of Clearwater, Florida—will continue to be an excellent niche for agents. Many of these communities saw the largest influx of new buyers in 2020. But even in the current sluggish market, the vacation home market will continue to draw those who can afford this lifestyle.

How to Start Working Vacation Communities

If you work near a vacation community and have the listings in your MLS, start marketing them to potential buyers using an IDX website. The idea is to curate listings from a vacation destination to a page on your website using IDX widgets, then drive paid and organic traffic to that page. If you don’t already have an IDX website, use this as an excuse to finally build one. You can learn how here: How to Build an IDX Real Estate Website: The Ultimate Guide.

In your marketing, promote the lifestyle more than the listings. Remember, this niche is all about the idea of getting away from the hustle of everyday life. They want to see the dream. For inspiration, check out Michele Bellisari. She’s a pro at promoting the Boca Raton lifestyle in her social media marketing.

6. Luxury Real Estate

Graph showing the steady climb of Manhattan rental rates
(Source: Douglas Elliman)

No matter what the market does, the wealthiest will always use real estate to build more wealth into their portfolio. So if you live near a luxury area, like New York or Los Angeles, chances are inventory is ridiculously tight, and many homes may be selling above asking price. But luxury isn’t confined to only the biggest cities. You can find luxury in many areas, including the mountains and the beaches. 

How to Start Working Luxury Real Estate

Finding luxury buyers to work within this market is relatively easy. You can advertise on Facebook or Google, network, or just join a luxury team. You’ll want to give your branding and marketing materials a bit of a polish before you start, though. A strong brand is far more important for agents transitioning to luxury.

For listings, the road is rougher but possible. If you’re serious about transitioning to luxury listings, check out Sean Moudry’s excellent article below. Sean has been in real estate for 29 years as a broker, coach, speaker, author, and consultant, and he has a wealth of experiences to share.

Related Article
How to Become a Luxury Real Estate Agent in 2024

7. FSBOs

Some agents shy away from working for sale by owner (FSBO) listings because they believe iBuyers are snatching up all the inventory. But not so fast! We’ve seen Redfin, Zillow Offers, and a handful of other iBuyer models fold or pull back the reins on home purchases. 

So, FSBOs are still in play and can be a plentiful source of listing leads for any resilient agent. It makes sense when you think about it. The market is cooling, and homeowners still haven’t learned how to sell houses. So, while investors may still be a factor, learning to pitch FSBOs can put agents ahead of the game. 

How Agents Can Start Working FSBO

Of course, pitching FSBOs is not easy. In fact, it will take practice to get good at turning an FSBO into a listing. The housing market of 2021 left many homeowners thinking that selling houses is simple. As agents, it’s our responsibility to show our value, manage expectations, and prove that agents are worth the commission. The trick is to establish a relationship with them before the reality of selling their home finally sinks in. 

You can start by learning and practicing FSBO scripts. Chris Linsell broke down his seven favorite FSBO scripts here and explained why they work so well: The 9 Best FSBO Scripts (+ Why They Work).

If you’re ready to jump feet-first into the FSBO world, you should consider looking into REDX. They curate expired and FSBO listings daily, delivering accurate data so you can reach out to sellers before the competition. Don’t waste time on inaccurate phone numbers or get into hot water over the Do Not Call list. REDX scrubs its data to make sure you’re only getting the freshest info. Keep track of your contacts inside the REDX CRM so you can nurture and convert your leads easily.

Check Out REDX

8. Empty Nesters & Downsizers

Today’s millennial homebuyers face tight inventory, rising home prices, rising rents, and high student debt that are all converging to keep them out of the real estate market. So it’s no surprise that the largest shares of homebuyers in 2022 were the 55 to 64 and the 65 to 74 age groups, together accounting for 42% of all buyers, according to the National Association of Realtors’ Profile of Buyers and Sellers report.

Looking at the data, it’s no wonder that the 55-plus age group is the biggest homebuying segment. They typically have equity in their existing home to make a move work. 

Most of these prospects are moving to be closer to family or to downsize. But don’t forget to target those who are looking to make lifestyle moves—think golf, pickleball, and boating. If you live near a 55-plus planned development, like the now infamous retirement community The Villages of Florida, you might want to consider them in your marketing strategy.

How Agents Can Start Working Empty Nesters & Downsizers

Start off by brushing up on the communities near you that target this demographic. Find out the features and benefits of each one so you can rattle off information in a conversation easily. Next, you might consider a print campaign in some of the older neighborhoods in your community. Target homeowners who have lived in their homes for more than 10 years. Your campaign should feature the benefits of moving to a community with a fun lifestyle for its members.

You might also consider getting a Seniors Real Estate Specialist (SRES) designation to learn the ins and outs of meeting the needs of this fast-growing niche. Sean Moudry explains the designation at length in this article: The SRES Designation: Is It Worth It for Residential Agents?


Over to You

Know of an underrated real estate niche you think is poised to become more lucrative this year? Let us know by leaving a comment below.

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19 Clever Real Estate Negotiation Strategies From the Pros https://theclose.com/real-estate-negotiation/ https://theclose.com/real-estate-negotiation/#comments Sat, 04 Nov 2023 00:10:04 +0000 http://wpengine.com8/?p=1 At the very core of your fiduciary duty to your client is the idea that you need to work hard to get them the best price. Here are some solid ways to do just that.

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Real estate negotiation sounds easy on paper, but in practice even small mistakes can sink deals. You need to understand psychology, strategy, and a shifting market to get the best outcome for your clients. Not easy! 

That’s why we decided to update this guide to real estate negotiation. We worked with The Close’s resident real estate coach Trevor James, Ryan Serhant, and top agents from across the country to add their best negotiation strategies for 2023. Since we know you’re busy, we only included actionable tips you can start using today. Let’s dive in.


1. Master the 3 Ps of Real Estate Negotiation: Push, Pull, Persist

Ryan Serhant, broker, CEO and founder, SERHANT

“For negotiations, we follow the 3 Ps: push, pull, and persist. This helps us have options as the discussions progress or regress. For example, we push information, data, proactive help, understanding and listening. We persist, relentless in our pursuit of getting to yes. And we can pull: yes … pull the deal away.

“Whether I’m selling a home for $1 million or $130 million, the minute the buyer likes it, every other agent would run to write the offer. Sometimes being the boldest pays off with the biggest successes for your clients and your business.

“It’s important to remember that, in negotiations, the one with the power is the one who will walk away. So we can sometimes use ‘pull’ in our strategies. This works with buyers and sellers and in any market. In addition to that, it’s always good as a broker to demonstrate you don’t just want to rush to do any deal for clients—you want the best deal for them. So taking the deal away can be effective to create urgency for getting the deal done and for your relationships with clients as well.”


2. Set Realistic Expectations

Sean Moudry, The Close Contributor, broker and real estate coach

“During negotiations, one of the most effective strategies I use is a combination of managing expectations and practicing discretion. For my buyers, I like to run through scenarios to anticipate the seller’s moves, staying one step ahead in the negotiation. I keep details about the buyer and seller to a minimum to avoid tipping our hand or becoming biased about the property.

“Similarly, for my sellers, I prepare them for the reality of lower-than-expected offers and potential inspection issues, especially in this shifting market. I include these considerations in the net sheet to set reasonable expectations. This way, both sides are better equipped to handle the twists and turns of the negotiation process, leading to more successful outcomes for all parties involved.”


3. Keep Your Emotions in Check During Negotiations

Josh Altman, co-team leader, The Altman Brothers Team at Douglas Elliman

“Emotion, especially anger, is a weakness at the negotiating table, and if you can’t find your poker face, buying and selling real estate is going to be hard for you. Don’t whine, don’t bitch, don’t pout, don’t curse, don’t get angry, don’t pace, and don’t storm out. Things happen. If you want to become a stronger negotiator, you need to learn how to keep your poker face—no matter what the other side throws at you.

“Not everyone is as respectful as they should be. Know this going in and be prepared to let it roll off your back with a smile. It’s the job.”


4. Base Your Negotiations on Market Value, Not Just Asking Price

Bruce Ailion, associate broker, attorney and team leader, RE/MAX Town & Country in Atlanta

“My strategy is to calculate the value of a property. This, rather than the asking price, is the starting point for negotiation. It may require an offer above present market value in hot markets to get a home under contract.

“Many people want to lowball, making an offer that will never be accepted. I advise against this. It does not reveal anything about the seller’s position. I like to offer just below the minimum the seller is likely willing to accept. The seller is forced to decide to accept just a little less than their minimum but, if not, will be forced to counter aggressively not to turn away a strong buyer. The analogy I use is tennis: It doesn’t matter how hard your first serve is. If you do not get the ball in play, that first serve is wasted.”


5. Keep Records of Fellow Agents in Your CRM

Trevor James, staff writer and real estate coach, The Close

“Since listing agents can have very different negotiating styles, it’s crucial to keep notes on each listing agent you work with so you can adapt to their working style when you do another deal with them. Did they prefer phone calls or texts? Were they responsive? How long did they take to respond to your emails? This is all useful data you should be noting in your customer relationship manager (CRM).”

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6. Use an Escalation Clause for More Competitive Offers

Michael Nourmand, president, Nourmand & Associates

“An escalation clause is a great way to give your client the best chance to win a multiple-offer situation. Here is the language we use in our counteroffers: We hereby instate an escalation clause. ‘Bob Smith’ is willing to pay $10,000 more than your highest written offer, but not to exceed $1,500,000. A copy of the highest written offer must be sent along with acceptance.”

📌   Pro Tip

Of course, check with your managing broker on using escalation clauses, since every market is different.

7. Present Multiple Offers in Person

Trevor James, staff writer and real estate coach, The Close

“Multiple offers can be a headache for your sellers—make it as easy as possible for them. And look, it might be easy to just email over the offers to your sellers as they come in. But if you know this is a hot listing and you’ve got more than three or four good offers, set a deadline with your sellers and schedule a time to sit down with them. Make a spreadsheet of the offers and the terms, and explain each of them to your sellers.

“If you’re unable to do that, a Zoom meeting or a phone call is still better than a lengthy email chain with PDF attachments cobbled together. Share your screen or make sure your client is in front of their computer and able to walk through the spreadsheet with you so you can answer any questions and help them understand the offers. ”


8. Negotiate by Phone Before Committing Anything to Paper

Sarah Richardson, founder & CEO, Tru Realty

“Negotiate deal points over the phone with the cooperating broker before taking it to paper. A counteroffer could get messy when there is a lot of unnecessary back and forth. If you are negotiating with an agent over the phone, it’s helpful to write up the contract as you speak to keep things more straightforward. Multiple counteroffers create confusion and make for a less-than-favorable real estate buying or selling experience. Keep it simple!”


9. Arm Yourself With Data for Stronger Negotiations

Ayoub Rabah, president, Coldwell Banker Realty’s central west region

“The adage in real estate is location, location, location. When it comes to negotiation, it is data, data, data. Let the data drive your negotiations and decisions. Gather information and leverage it to your advantage. The key is to have more information than the other side.

“The person armed with the most amount of information is more likely to win the negotiation. You should also have an understanding of the best alternative to a negotiated agreement. If negotiations fail, what are the other options for your buyer and seller?”


10. Negotiate With a Win-Win Perspective

Kevin Ward, real estate coach, YesMasters

“Many new agents make the mistake of starting every negotiation as if they were going into battle. Not only will this annoy the agent on the other side of the deal, with whom you will likely need to work again, but it can actually hurt your client’s interests as well.

“Instead, learn to focus on solutions instead of turning everything into an adversarial crisis. Your clients and fellow agents will thank you.”

Here’s coach Kevin Ward with a quick story to highlight this crucial point:


11. Make Them Believe the ‘Yes’ Was Their Idea

Josh Flagg, Beverly Hills Realtor and founder, Flaggship.com

No one likes to be coerced into doing something. That’s why smart negotiators often subtly encourage the other party to think they’re in control. A great way to do this is to offer them a quick out. Studies have shown that using affirming language like “You’ll probably refuse, but…” leads to increased compliance.

“Million Dollar Listing” star Josh Flagg has an example of how you can apply this technique in a negotiation with a seller:

“The buyer is asking for you to pick up the closing costs to seal the deal. You’re free to say no to that, of course, but would you be willing to consider it?”


12. Master the Power of ‘No’

Trevor James, staff writer and real estate coach, The Close

“In real estate, many agents underestimate the power of ‘no,’ especially while they’re under contract. I see this a lot with newer agents in their first few deals. It’s natural to worry about pushing back on clients, but they trust you to guide them through the process.

“Let’s say you’ve got a buyer under contract. They want to request a new roof, but the inspection report says the roof is probably all right for another five to 10 years. Instead of automatically saying ‘yes’ to your client and potentially blowing up the deal, consider a strategic ‘no.’ You could counter by asking for a $10,000 price concession.”


13. Learn What the Other Party Really Wants

Kathryn Bishop, Realtor, Beverly & Company Luxury Properties

“Learn what the other party needs—not really why they are selling or buying, but what’ll satisfy them that they have a win-win sale. Ask the agent questions and praise the good points of the property or the nice character of the buyers if you’ve met them. Put together the best deal so that the closing is smooth and successful. I’ve closed many deals using this mindset.

“Here’s an example: I call the listing agent to say that we are writing an offer. Are there any terms the seller needs? Fast close? Contingency to find a new home? I don’t really ask why the seller is selling, but I will often pose a leading question to find out why they are selling (perhaps I see they’ve owned this home for many years via the title profile, or did they raise their kids in it? Or was this an investment rental?). I take this opportunity to tell the agent about my buyer’s story and the lender involved so far.”


14. Focus on Timing

Melissa Engel, salesperson, Douglas Elliman in Connecticut

“When I got into real estate, it was explained to me that one of the most important factors in negotiating with buyers or sellers is the timing. Too fast and everyone feels like it was too easy; too slow and one side may lose confidence or get cold feet. The key to managing the cadence of a deal is communication. Let the other side know what to expect and when. Communicate with the other agent—don’t just leave them in the dark for a day or two.”


15. Offer the Buyer a Credit on Their Mortgage

Karan Chopra, broker, Douglas Elliman in New York City

“Our current market is impacted by higher interest rates, which have decreased buying power. As a listing agent working with a buyer’s agent or buyer who is getting a mortgage as part of their purchase, one strategy is to offer the buyer credit they can use to buy down points on their mortgage.

“A point may cost $10,000, but that $10,000 will offer compounded savings to the buyer over the term of the loan. It will position them to achieve a rate closer to 5% (depending on how many points are purchased), which will be a win in our current market where rates are hovering between 7% and 8%. Instead of going back and forth over the purchase price, change the conversation and repackage those dollars in a thoughtful way.”


16. Use a Framework for Your Negotiation

Trevor James, staff writer and real estate coach, The Close

“In many real estate MBA programs, you might hear a concept called the four Cs. It’s easy to remember and applies to just about every transaction. It starts with a checklist to make sure you’re hitting every step in every transaction (including a follow-up for reviews once you’ve closed) for every transaction. Then, think about what your client can compromise on. Help them see what you have in common and where both sides just won’t budge. Keep this in mind to make things simple: checklist, common interest, conflicting interest and compromise.

Criteria: If you don’t yet have a checklist or a process for how your transactions should go, you’re doing yourself a disservice. There’s over a dozen steps for every transaction. Make a checklist that you use for every deal so you can eliminate potential potholes that might slow things down.

Common interest: Identify the mutual benefits. A small concession from you can lead to a much smoother transaction from the other party.

Conflicting interest: Knowing where both sides won’t budge helps you think strategically about moving forward. If a buyer’s lease is up next month but the seller isn’t motivated to move, you might find it tougher to move things along.

Compromise: Your expertise in real estate gives you the authority to find a middle ground. Remember that you’re the guide here. Sometimes that $400 bathroom fan isn’t worth losing the condo over. Help your buyer to see the big picture.”


17. Live Conversation Beats Texts & Emails Every Day of the Week

Tom Hume, Realtor with The Hume Group, Windermere Real Estate

“I remember a transaction with an agent who returns all of my voicemails with text. I have the sense she is making a point that the new generation uses technology. I definitely get that, but I’d like to make a counterpoint: She is missing so much information by communicating only electronically. There is a natural back-and-forth in a conversation where way more information and understanding come out, and those things can be essential in getting to a win-win.

“You might learn, for example, that a seller is very nervous because they are buying a home and trying to close both sales and move the same day. If you are in a multiple-offer situation, your client now has a card to play. Perhaps they can offer the seller a one-week lease after closing. This may win the day.”


18. When Things Get Personal in Negotiations, Sleep on It

Georgia Kaporis, associate broker, Douglas Elliman in New York City

“Brokers should not make negotiations personal. Both sides want to get the deal done. If it’s getting personal, I recommend slowing down the negotiation and communicating that both sides should sleep on it before moving forward.

“Communicating and reminding the other side to not take negotiations personally is very important to keep both parties happy and interested in continuing. Focus should always be on the clients and not the brokers.”


19. Boost Your Negotiation Skills With a CNE Designation

Trevor James, staff writer and real estate coach, The Close

“If you’re serious about boosting your negotiation skills, you might consider getting your Certified Negotiation Expert (CNE) designation. It’s hands-on training to help you understand how people make decisions and can help you build trust with clients.

“It’s usually flexible and you get to do role-playing and active learning with other agents. If you’re really looking to up your negotiation game, check it out.”

Related Article
9 Real Estate Designations That Will Actually Make You Money

FAQs: Mastering Real Estate Negotiation for Agents








Over to You

Have a great negotiation strategy we didn’t cover here? Add your thoughts to the comments below.

The post 19 Clever Real Estate Negotiation Strategies From the Pros appeared first on The Close.

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33 Open House Ideas That Will Actually Get You Leads https://theclose.com/real-estate-open-house-ideas/ https://theclose.com/real-estate-open-house-ideas/#comments Fri, 03 Nov 2023 15:24:08 +0000 https://theclose.com/?p=1690 If you use the right tools, focus on making people feel truly welcome, and learn some simple scripts and strategies, open houses can still be a fantastic way for new and even experienced agents to generate leads.

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When I started working in real estate more than a decade ago, new agents in my office would fight for the chance to run open houses. Why? Open houses were one of the best, cheapest strategies for new agents to generate leads. Today? Most agents would rather try to go viral on TikTok than come up with fresh open house ideas to get enough prospects through the door to actually generate leads.

But if you use the right tools, focus on making people feel truly welcome, and learn some simple scripts and strategies, open houses can still be a fantastic way for new and even experienced agents to generate leads. I would even go as far as saying they’re a gold mine. You just need the right shovel. 

That’s why I decided to update my list of the best open house ideas. I cover everything from using QR codes in new creative ways to sneaky strategies to get your business card into nosy neighbors’ pockets. After all, running a successful open house isn’t rocket science if you know what you’re doing.

Preparing for the Open House

1. Use my Open House Checklist to Stay Relaxed, Focused & Organized

woman arranging flowers in preparation for an open house
  • Cost: Free

Believe it or not, using a simple checklist for the tasks you need to accomplish before, during, and after your open house can be the difference between a customer relationship manager (CRM) filled with new leads and a wasted Sunday. Checklists create discipline, and discipline leads to success—even for relatively uncomplicated tasks. There is a very good reason why Atul Gawande’s “The Checklist Manifesto” has examples of simple checklists saving lives in surgery and reducing airplane accidents: They work. 

So how does staying organized and focused help you generate leads? Simple. If you’re running around trying to fix little mistakes, you won’t be relaxed enough to have the conversations that help get your guests to know, like, and trust you enough to actually give you their (real) phone numbers.

  • Use this tip: Create a checklist of all the tasks you need to do before, during, and after your open house. If you’re short on time, check out my open house checklist.
Related Article
The #1 Open House Checklist Top Agents Use to Get Amazing Results

2. Go Knock on Doors to Invite the Neighbors

  • Cost: Free

Even though most agents would rather get a root canal, the cold hard truth is that door knocking remains a tried-and-true strategy to become the go-to agent in your farm area. 

So why is door knocking such an effective strategy to generate leads at your open house? It takes courage—what we New Yorkers call chutzpah. Want to know who respects and maybe even expects courage in their salespeople? Baby boomers. If that doesn’t get you to strap on your walking shoes, it should. One study from the Mortgage Bankers Association found that more than 4 million homes owned by baby boomers will hit the market every year until 2032.

  • Use this tip: Ready to learn more? Check out Chris’ video above on how to get leads from door knocking, then go read my article with tips and scripts you can start using this weekend below.
Related Article
Door Knocking for Real Estate: Does It Still Work? (+ Tips & Scripts)

3. Greet Your Guests With Custom Welcome Signs & Business Card Holders

open house welcome sign and card holder
  • Cost: $4.95-$19.95

When it comes to making your guest feel welcome at your open house, sometimes it’s the little things that make the biggest difference. Some of your guests might actually be intimidated just walking through the front door. Your listing might be way out of their budget, they might be unsure of their finances, or they might be brand-new buyers scared of the whole process.

Small touches like a friendly sign and business card holder help make everyone feel welcome—and making people feel welcome at an open house that actually generates leads.

  • Use this tip: You can get custom welcome signs on Etsy or All Things Real Estate for around $20. Just remember to match the style of the sign to your listing. A bold sign like the one above from All Things Real Estate is perfect for a modern home, but a lighter design might work better for a vintage listing.

4. Welcome Your Guests With a Custom-branded Doormat

photo of custom branded doormat
  • Cost: $25-$99

A cute custom doormat is another great way to make guests feel welcome at your next open house. A personalized touch goes a long way—and it gives you something to say to guests as soon as you walk in. Making it fun goes a long way. 

While some branding experts might scoff at the idea of allowing people to literally walk on your personal brand, the benefits outweigh the risks here. Psychology is important when creating marketing materials, but too many agents overthink it and end up missing out on fun ideas like this that can actually make people feel more welcome. Remember that some buyers might be a little nervous about attending your open house. Wiping their shoes on your logo might help them feel more comfortable.


Marketing & Branding Your Open House

5. Invest in High-quality Open House Marketing Materials

Coffee & Contracts is a real estate marketing company that offers thousands of social media templates designed specifically for real estate agents. This includes Instagram Reels, carousels, Broke Agent memes, and more. You’ll get access to fresh content and new options every month as a subscriber. You can get started with $15 off your first month with the promo code THECLOSE.

Visit Coffee & Contracts

6. Create Marketing Materials for Your Refreshments Table

print marketing brochures in stacks on a table.
  • Cost: Free

If you’re one of those agents who prefers a subtler approach to personal branding, try putting some of your marketing materials on the same table as your snacks and drinks. While you may not have space for listing sheets or brochures, you can easily add a small business card holder. You never know—it might just get the guests who make a beeline for the snacks to consider pocketing your business card.

  • Use this tip: Take a branded folder with you during your showings for your buyers to keep themselves organized. It’s a subtle way to show you’re organized, too.
Related Article
8 Real Estate Marketing Materials to Crush Your Personal Brand

7. Work With Agents Who Have Nearby Listings & Plan an Open House Day Together

areal view of suburban neighborhood with map pins
  • Cost: Free

One real estate lesson many agents learn too late is that you should see your fellow agents as collaborators rather than rivals. A great way to do this is to try to find agents who have listings near yours and plan and promote an open house day together. 

The first big advantage here is that you can pool resources to advertise on social media, potentially driving more visitors. Bonus points if you can find listings that are very similar to yours. That way, you’re all targeting similar buyer profiles.

  • Use this tip: When advertising group open house days, a little creativity can go a long way. You can hold a raffle that people can only enter if they visit every home on the list, or even try a scavenger hunt for the kids.

8. Hire a Photographer to Take Pictures of Buyer’s Agents & Guests

Instagram screenshot of open house photo
  • Cost: Starting at $50 an hour

They say if you want to get a real estate agent to like you, allow them to like themselves. Hiring a photographer to take pictures of them in action at your open house is a great way to do that. What agent doesn’t want more pictures of themselves for social media? Images of people enjoying themselves at your open house will also work great in your next listing presentation.

  • Use this tip: Staging your listing goes a long way here to making the most of your photos. You want to be able to use these for marketing material in the future—make sure to put in the effort.

9. Use QR Codes Creatively, Not Just for Signing In

Illustration of open house sign in iPad from Curb Hero
  • Cost: Free

Love them or hate them, QR codes have exploded in popularity. While tech-savvy Realtors have been using them for years, it took a pandemic to get the majority of people not only used to QR codes, but to actually prefer them over pen and paper. The problem? Too many agents don’t know how to use them to actually get leads at their open houses.  

Here are three easy ways to use QR codes at your next open house to get more leads: 

  1. Set up an iPad sign-in station using Curb Hero’s QR code creator at the front door, or better yet, on your refreshments table.  
  2. Create a free QR code (using a site like QR Code Generator) that links to a Google Forms sign-in sheet and print them onto your open house welcome sign.
  3. Create QR codes that link to slideshows of each room virtually staged in different themes. Print out the codes on signs and post them in each room with copy such as, “See this room staged as a home office!” 

Speaking of Curb Hero, did you know it’s 100% free for agents? It lets you create QR codes for touchless sign in, postcards, signs, or anything else you can think of.

Visit Curb Hero
Related Article
6 Open House Apps Tech-savvy Agents Use to Get More Leads

Enhance Your Open House With Technology

10. Livestream an Open House Tour, Then Repurpose for Instagram & TikTok

screenshot of Ryan Serhant's Instagram Stories showing off an open house

When I was an agent in New York City, I often dealt with clients who were relocating from tech hubs like Los Angeles or San Francisco. While they had cushy relo packages, they were almost always either in a time crunch to find a new home, or worse, still on the West Coast! Livestream tours were a great solution to this, but they have a larger benefit too. They’re perfect for getting a wider audience to see your listing as it was meant to be seen: buzzing with buyers, nosy neighbors, and agents. 

Here’s how to launch a successful livestream of your next open house:

  1. First, make sure you promote your in-person open house as much as possible. A video of a home buzzing with guests is much more alluring than one with a few bored-looking people milling around. 
  2. Next, create and boost a social media post to advertise your virtual open house and boost it. 
  3. Then send out an email or text blast announcing your virtual open house. Don’t forget to reach out to other agents in your office or farm area. Even if they’re too busy to attend in person, it just might be the perfect home for one of their buyers. 

Finally, use short snippets of the video to market yourself on social media. You’ll want to record your livestream and cut it into quick-hit videos for Instagram Reels or Stories and for TikTok. You can either use them as “day in the life” videos, or better yet, show off how your property marketing can actually fill a room with people!

Related Article
10 Instagram Real Estate Reel Ideas for Agents

11. Create a VR Experience

man with vr headset playing in a living room

Virtual reality (VR) is still pretty cutting-edge stuff, but it’s becoming mainstream quickly. That’s why adding it to your open house arsenal now can solidify you as a tech-savvy agent for every visitor. You can offer a virtual tour of the property or a 3D mockup of potential renovations to help your clients visualize the space.

  • Use this tip: Snag a decent VR headset and make sure to preload it with interactive tours. Play around with it to make sure your visitors won’t run into issues.

12. Virtually Stage a Room & Offer to Text It to Open House Guests

before and after images of virtually staged bedroom
  • Cost: $7-$50 per image

Here’s a great real estate open house idea I learned from a Manhattan listing agent. Since most people will have a very hard time visualizing how a space will look with different furniture in it, why not offer your visitors staged images that show how that extra room will look as an office, a nursery, or a man cave?

  • Use this tip: As you flip through the staged photos on your iPad, offer to email (or better yet, text) them the pictures. Or, you can follow my advice above and place signs in each room with QR codes linking to the room virtually staged in different themes.

If you don’t have a virtual staging service you like, check out my buyer’s guide. On a budget? Check out Apply Design. Their virtual staging starts at just $7 per picture.

Visit ApplyDesign

13. Create a Branded Infographic With Neighborhood Info

Neighborhood laid out on a grid with technological screen overlay with circles and data about certain homes.
  • Cost: Free neighborhood overviews, $30 per detailed report

NeighborhoodScout is a database of hyper-localized neighborhood information, with hundreds of data points like school quality, housing appreciation rates, crime rates, income levels, and more. Arm your visitors with this data to stand out and help them remember that you do your research.

  • Use this tip: Grab a neighborhood profile for free, take four or five of the most interesting stats, and whip up an infographic in Canva. It’s easier than you think and your clients will be impressed by your preparation.

Engagement & Networking

14. Practice Open House Scripts & Ice Breakers That Get Phone Numbers

people mingling at a cocktail party
  • Cost: Free

Even if you think you’re a social butterfly who nails every real estate conversation you have, the cold, hard truth is that scripts can help guide even casual conversations at your open house toward getting phone numbers. So unless you’re throwing open houses to meet new friends and chat about lawn care, practicing scripts will help you get more leads. Period.

  • Use this tip: If you want some persuasive scripts to get you started, check out my best open house scripts here. Oh, and don’t worry, we won’t tell anyone you rehearsed them!
Related Article
15 Open House Scripts & Ice Breakers + 3 Tools That Actually Get Phone Numbers

15. Focus on 3 Features That Make Your Listing Stand Out From Comps

Superman standing at the end of an empty dock at sunset
  • Cost: Free

Sure, all of the information is in the listing sheet, but in order to get people excited about the home, you need to subtly remind them of standout features that set it apart from comparable properties.

  • Use this tip: I recommend you find three unique features of the home to weave into your conversations. Just remember to be honest. If there is only one standout feature of the home, don’t try and come up with two more just to have something to talk about. The goal here is to get people to actually remember what is unique about the listing. If it’s not truly unique, they are less likely to remember it. They might even think less of you as a salesperson for trying to sell them on features every other listing in the neighborhood has.

16. Boost Your Open House (for Free!) on Hyperlocal Social Networks

nextdoor logo
  • Cost: Free

Advertising your open house on Facebook and Instagram can work well, but at the end of the day, you’re still paying to reach people who could be hundreds of miles away. Great for brand awareness, but lousy for actually getting people through the door. By posting on local Facebook Groups and Nextdoor, you will reach fewer people, but people who almost certainly live in the neighborhood.

  • Use this tip: Nextdoor and Facebook Groups have some of the most engaged local audiences online today. That means if you offer trendy food, music, or use the other tips above, you might get neighbors talking about your open house for free.

Visit Nextdoor

17. Host a Private Open House for Neighbors & Former Clients

picture of a kitchen in a large home
  • Cost: $3-$5 per guest

Most newer agents focus too much attention on attracting open house visitors they think might be closer to a transaction and not enough attention on so-called “cold” leads. But if you want to become the go-to agent in your farm area, you need to shift your strategy and think about longer-term lead generation opportunities with local homeowners. The neighbors and your former clients are the perfect way to do it.

  • Use this tip: Of course, you need to approach the planning and setup of your neighbors-only open house a little bit differently. Here are my five tips for success:
    1. Since you will have fewer guests, spend a bit more on food and refreshments.
    2. Try inviting them with Slydial voicemails.
    3. Make sure to mention this is a private open house in your marketing materials.
    4. Knock doors and leave door hangers to invite them.
    5. Call any former clients who live nearby and offer them an invite.
    Need more tips about effective real estate farming? Check out Chris Linsell’s strategy guide below.
Related Article
Real Estate Farming: How to Become the Go-to Agent in Your Neighborhood in 2024

18. Get Creative With Your Circle Prospecting

areal view of suburban neighborhood

While most agents know that circle prospecting around your just-listeds or just-solds is a great way to drum up leads, too many skip it when it comes to open houses. Here are my top four ways to circle prospect around your open house and what they work best for:

Circle Prospecting StrategyPricingBest For
Slydial Voicemails$2.99 per month + 10 cents per messageExclusive properties that are rarely on the market
Door Hangers15 cents-50 cents eachCircle prospecting on a budget
Open House Flyers 10 cents-80 cents eachCovering a large neighborhood quickly
Door KnockingFreeMaking personal connections
Related Article
16 Open House Flyer Templates that Get Leads (Free & Paid Examples)

19. Partner With a Local Brand or Shop to Create a Memorable Experience for Guests

Fashionable open house attendees enjoying swag and appetizers
  • Cost: Free-$500

Experiential marketing is just a fancy way of saying that building an experience for local influencers to write about is a great way to get them through the door. In order to get them to stay, you need a lure other than a backyard that’s perfect for entertaining. You need brands—partner with a local company. 

Places like a boutique for a fashion show, a restaurant or a mixology bar for bespoke refreshments, a music school for a concert, or an art gallery for an exhibit can be a great way to build buzz around your open houses. It will make the event more fun for your guests and give them something to talk about. Even better, the brands you work with will probably promote your event on their social media channels for free. That might open up a whole new audience for your business. 

Learn more about leveraging brands or local shops at your next open house, including case studies from our friends at Douglas Elliman here:

Related Article
The Agent’s Guide to Experiential Real Estate Marketing

20. Hold Other Agents’ Open Houses & Make It a Win-Win!

picture of large home at dusk
  • Cost: Free-$500

Do you specialize in a neighborhood but don’t currently have any listings? Stop worrying and start asking! Other listing agents in your neighborhood may be happy to allow you to hold their open. As a listing agent, I have even allowed agents from other brokerages to hold my listings open (especially if it is across town from me). I saw this as an additional service to my seller.

  • Use this tip: To make this open house idea a benefit to the listing agent, agree to pay them a 10% referral fee for any client you pick up from the open house. If they don’t object, use your own branded open house signs to further build your brand in the neighborhood.

21. Set Up a Financial Consultation Area

  • Cost: Free

Buyers have questions about mortgages, down payments, and how much they can afford—especially with these rates. Have a lender tag along to your next open house. They can keep you company and provide visitors with advice. It’s a win-win for both of you, since creating that financial relationship can be the first step for buyers.

  • Use this tip: Make sure to set up the area with some comfortable chairs and a desk. Try to keep it separate from the main space for a bit of privacy. You can even offer some financial FAQs for buyers to grab and read later.

Hospitality & Amenities

22. Offer Neighbors Goodie Bags With Your Business Card

Open house give-aways sitting in a basket with business cards on them
  • Cost: $1-$3 each

One of the many perks of running a successful open house is getting a chance to meet the neighbors. While most will have zero interest in buying the home, the curiosity factor may make hosting a private open house just for neighbors worth the hassle. 

The problem is that they might be less likely to want your business card, look at your listing sheets, or even sign in. One easy way to get your card into their hands is to offer free goodie bags with your card stapled to them. Fill them with candy, a single cupcake or cinnamon roll, popcorn, or other tasty treats popular in the neighborhood.

  • Use this tip: You can get these adorable “thanks for popping by!” goodie bags, complete with satin ribbons and a business card holder, on Etsy. Business cards not quite ready for prime time? Check out my list of the best (and worst) business cards below for some inspiration.
Related Article
The Best Real Estate Business Cards (+ Mistakes to Avoid)

23. Serve Trendy Food & Drinks That Spark Conversation

  • Cost: $1-$3 per serving

While it’s hard to beat the emotional response your visitors get when they’re greeted by the smell of freshly baked cookies when they walk through the front door, they don’t really do much to get people talking. Instead, try serving food and drinks that have a better chance of actually sparking conversation. When the conversation flows easily, so do the leads.

  • Use this tip: Serving something like kiwi mojito mocktails or treats that people line up for on Sunday mornings at the local bakery will give your guests an easy excuse to chat. Just keep in mind the idea here is not to wow your guests with your cooking or mixology skills, but to give them (and you!) an easy way to break the ice and get the conversation flowing.

If you need some inspiration for creative snacks and drinks to serve at your next open house, check out my guide.

Related Article
25 Open House Food Ideas That Will Help Sell Your Listing

24. Get a Junior Agent or TaskRabbit to Check In Guests While You Mingle

photo of people mingling at a party
BELLA Magazine x Tommy Hilfiger and Dee Ocleppo Hilfiger NYFW event (Source: Douglas Elliman)
  • Cost: $17-$80 per hour

Although many agents feel like they need to do literally everything on their own, the pros know when to get help. If you’re taking the time and effort to promote an open house and have a large number of RSVPs, then running around like a rabbit checking people in, refilling drinks, and answering questions about the listing is going to be stressful—not a good look in front of your future clients! Checking in is one of those tasks where they can offer a great return on investment. That’s because if you’re checking people in, you’re stuck at the front door, which makes schmoozing with your guests nearly impossible.

  • Use this tip: To avoid coming across as a frazzled server at Denny’s, get a junior agent or even a freelancer from TaskRabbit to help you keep things running smoothly. Find $50 or so to have someone man the door for an hour or two. You won’t regret it.

25. Invest in a Bootie Machine

picture of bootie machine
  • Cost: Starting at $90

When it comes to great customer service, it’s the little things that count. That’s why big chains like Trader Joe’s offer free coffee to all their shoppers. It only costs them a few bucks, but the payoff in customer loyalty is huge.

Since you worked hard to get your listing, going the extra mile with little touches like a bootie machine for your seller is part of your job as a listing agent. Even if they don’t care at all about keeping their floors sparkling, they will notice that you care enough about their happiness to protect them without asking. That’s a powerful testament to your strength as their fiduciary and advocate, and might just be that little push that gets you your next referral.

  • Use this tip: Want an even better reason? You get to crack corny jokes about your “bootie machine” to other agents at your open house. You can get a well-reviewed bootie machine for around $90 on Amazon.

26. Childcare Corner

two children playing in an area with some coloring books and shelving with kid's toys.
  • Cost: Free

You know that parents can sometimes find it difficult to focus on your open house while trying to keep an eye on their kids. Make their visit to your open house more relaxed and enjoyable, even if only for a few minutes.

  • Use this tip: Set up a small area with some toys, coloring books, and maybe even an iPad or small TV with child-friendly shows. If you’re expecting a big turnout of young families, you might even consider a certified babysitter for the open house to supervise the children. Make sure you’ve got a branded sign that indicates the children’s corner!

27. Offer Custom Water Bottles Branded With Your Business Card

picture of custom branded water bottles with attached business cards ready for open house visitors
  • Cost: Starting at 45 cents each, in bulk

Looking for a creative way to give your open house guests your business card? Check out these cute water bottle hang tags from Etsy that, to be honest, we’re a little bit obsessed with. They’re way cheaper than most custom-branded water bottles and the ability to add your business card makes them even more useful.

  • Use this tip: Grab a few different colors to match to your personal brand or the season. These are perfect to offer your guests as a to-go item on a hot day!

Going the Extra Mile

28. Raise Money for Charity at Your Open House

Raise Money for Charity like the ASPCA

Let’s face it: Having a social conscience is part and parcel of being a leader in your community. Even though you might not realize it, as a real estate agent, becoming a community leader is in your job description. It also helps generate leads. Think about it. If you wanted to sell your home, would you rather hire a local leader who raises money for the community or an agent who just sells houses?

  • Use this tip: Use your next open house as an opportunity to help raise money for a charity that you’re passionate about that will also help your community. Charities like the ASPCA, ACLU, and Criminal Justice Reform are all good picks. Charity Navigator is a great site to help you find worthwhile nonprofits that are actually making a difference on issues you care about.
Visit Charity Navigator

29. Give Out Small Branded Gifts as Party Favors

  • Cost: $2-$5 per branded gift

While I generally recommend against giving branded items as closing gifts, they are perfect for open houses. Your open house guests probably don’t know you from Adam, so a small gift they might actually like or use with your brand on it helps keep you top of mind.

  • Use this tip: Long Island agent Susan Sanchez gives out small branded gifts to her open house visitors so they will bring something back home with them they might actually keep. She suggests something useful like dishtowels, potholders, compact mirrors, or change purses.

30. Local Art Showcase

woman browsing some homemade pieces of flowerpot art.
  • Cost: Free

Local artists are always looking for a way to showcase their work. By incorporating them into your open house, you can snag some free staging and aesthetic appeal while also fostering a sense of community. Plus, it’s a great way to get conversations going.

  • Use this tip: Contact some local artists and offer to display their work. Make sure you’ve got a specific area for the art and cards for the artist for your visitors to learn more.

31. Contests & Giveaways

woman drawing out of a raffle container
  • Cost: Free-$50

Hosting a giveaway can increase your attendance immediately. People love free stuff! Even if it’s just a simple raffle or a more elaborate content like a scavenger hunt, it adds a fun twist to your open house.

  • Use this tip: Try and keep the contest relevant to the property or neighborhood, if you can. For instance, you could make the prize a gift card to a local restaurant. Or you could do something interactive like asking guests to find the three small red stickers you’ve placed around the house for a prize. This is an easy and creative way to grab visitor’s contact info too.

Post-open House Activities

32. Remember That the Money Is in the Follow-up

Screenshot of predictive analytics software
  • Cost: Starting at $350 per month

Like all lead generation strategies, the follow-up is crucial. The only problem is figuring out who you need to follow up with and how often. If you want to compete with the big dogs, guessing won’t cut it anymore.

  • Use this tip: Luckily, in 2023 we have predictive analytics apps like SmartZip that use artificial intelligence (AI) and a billion data points to tell you who is likely to move way, way before they even think about an agent. In fact, SmartZip says its AI is so accurate that it predicted 72% of all listings in the U.S. last year.
Visit SmartZip

33. Use Open House Follow-up Email Templates to Engage New Leads

Photo of Realtor sending open house follow-up emails on her phone
  • Cost: Free

While getting emails and phone numbers at your open house is great, you might as well not bother if you can’t keep them engaged until they’re ready to transact. While some CRMs offer done-for-you drip campaigns to add them to, that first email you send is crucial. If they don’t open it, your odds of ever talking to them again go down dramatically.

  • Use this tip: This is why it’s so crucial to write great subject lines for your follow-up emails. You never get a second chance to make a first impression. Here are five clever email subject lines you can use to increase the odds of getting your email read:
    • Your Private Invite: Get the Best Listings BEFORE They Hit the Market!
    • Coffee This Week? (on me)
    • I Have to Ask…
    • Did You Hate It…?
    • If You Liked {your open house address}, You’ll LOVE These!
    Want more follow-up email templates? Check out my best open house follow-up emails in the strategy guide below.
Related Article
The 13 Best Open House Follow-up Email Templates (+ Writing Tips)

Over to You

Have some great open house ideas that are working for you? Let us know in the comment section. If it’s super-top-secret, send me an email at emile@theclose.com.

The post 33 Open House Ideas That Will Actually Get You Leads appeared first on The Close.

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The 7 Best Real Estate Chatbots (Pricing, Pros & Cons) https://theclose.com/real-estate-chatbot/ https://theclose.com/real-estate-chatbot/#comments Tue, 31 Oct 2023 20:26:18 +0000 https://theclose.com/?p=12464 Leads expect their questions to be answered instantly, and real estate chatbots help you do exactly that. We’re here to demystify chatbots, show you how to use them to boost your business, and reveal which chatbots offer the best combination of pricing and features.

The post The 7 Best Real Estate Chatbots (Pricing, Pros & Cons) appeared first on The Close.

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If you walked into my office 12 years ago and told me that real estate agents would need chatbots screening their leads online, I would have laughed in your face. Well, I probably would have asked if you needed an apartment in the East Village first, but you get the idea.

Today, leads expect their questions to be answered instantly, and real estate chatbots help you do exactly that. We’re here to demystify chatbots, show you how to use them to boost your business, and reveal which chatbots offer the best combination of pricing and features. Not exactly sure what chatbots are? Let’s start with that! 




The Best Real Estate Chatbots of 2023

While there are a ton of chatbot options these days, here are our picks for the best for real estate pros:

Freshchat’s Freddy

Freshchat scorecard
Pros
  • Customizable
  • Responsive chat
  • Chat campaigns
  • Free version
Cons
  • Lack of integrations
  • Steep learning curve
  • Lack of customer service
The Close Score
4.7
Value:
5.0
Features:
5.0
Integrations:
4.0
Customization:
5.0
Ease of Use:
4.5
out
of
5

Pricing: 

Free – $79 per agent, per month

Freshchat’s Best Features for Agents:

Freshchat lets you interact with your leads using Freddy, an artificial intelligence bot. You can set your chatbot to start chatting with leads based on their website activity. For example, a lead clicking over to a listing page might trigger a chatbot to offer to set up a showing. They also offer chat campaigns, and even let you engage with your leads on WhatsApp, Facebook Messenger, and Instagram DMs.

Freshchat’s Drawbacks:

While Freshchat is an affordable option, especially since the free version allows up to ten users, even the upgraded versions (which include sessions, better customer service access, and deeper analytics) lack some of the more sophisticated features as others on our list. The biggest drawback is that Freshchat does not directly integrate with popular real estate CRMs like CINC or LionDesk the way Structurely does.

Visit Freshchat

Tidio

Tidio scorecard
Pros
  • Free Version
  • Customizable
  • Ready-made Templates
  • Analytics & Reporting
  • Easy to Use
Cons
  • Integrations Aren’t Seamless
The Close Score
4.8
Value:
5.0
Features:
3.9
Integrations:
5.0
Customization:
5.0
Ease of Use:
5.0
out
of
5

Pricing

Tidio offers a free version (three users, 50 livechat conversations) and several packages that vary based on the number of users and number of livechat conversations. The most expensive is $29 per month. 

Tidio’s Best Features:

This is a chatbot at its most customizable—so much so that it looks like a natural extension of your branded site and social media. The out-of-the-box templates are helpful for real estate leads (even though Tidio is not specifically designed for the real estate industry) and it’s easy to create your own. I also like the thoughtful analytics and reporting, which make it easy to see what’s working and what’s not. Tidio is easily one of the top options on our list and a strong alternative to Freshchat

Tidio’s Drawbacks

Some agents might get tripped up by some of the integrations, but since the customer service is something Tidio prioritizes, they should be able to help troubleshoot.

Visit Tidio

Structurely

Structurely scorecard
Pros
  • Real estate-specific templates
  • Lead qualification
  • Bot, plus email and text nurturing
  • Strong CRM integrations
  • Hand-off from bot to person mid-conversation
Cons
  • Expensive
  • Learning curve
The Close Score
4.6
Value:
3.0
Features:
5.0
Integrations:
5.0
Customization:
5.0
Ease of Use:
5.0
out
of
5

Pricing 

$499 to $1,499 per month, depending on the number of conversations

Structurely’s Best Features for Agents:

Structurely offers an AI chatbot that operates like an inside sales agent to qualify and even nurture leads via text messaging. But it doesn’t stop there. Structurely’s AI assistant also qualifies and nurtures leads via email. If you’re worried that there’s a bot sending out emails and texts that are hard to track, don’t. Structurely seamlessly integrates with popular CRMs like CINC, LionDesk, Follow Up Boss, and Real Geeks so you can monitor and log conversations with your leads right from your CRM.

Structurely’s Drawbacks:

Although Structurely offers agents some pretty high-tech features, they are priced accordingly. Many agents spend less for their entire IDX website than what Structurely charges. For a high-end product without the high-end price tag, consider Tidio.

Visit Structurely

Customers.ai

Customers.ai scorecard
Pros
  • Free version
  • Strong social media engagement
  • Customizable
  • Deep analytics on site visitors
Cons
  • Lack of focus during rebrand
  • Customer service is lacking
The Close Score
4.5
Value:
5.0
Features:
3.3
Integrations:
4.3
Customization:
5.0
Ease of Use:
5.0
out
of
5

Pricing

There is a free option, a starter package for $199 per month and the pro package, which is $499 per month. Pricing depends on the number of website visitors and conversations. 

Customers.ai’s Best Features

Agents who interact with their leads on social media are going to really appreciate Customers.ai’s seamless integrations. You’re even able to automate your DMs on Facebook and Instagram. Bonus points to Customers.ai for the deep analytic reporting on website visitors so that you get to know your audience and tailor your content better. 

Customers.ai’s Drawbacks

Previously MobileMonkey, Customers.ai’s new ownership and brand is talking a big, bold, very vague AI game. I’m going to keep an eye on it to make sure that a rebrand isn’t a sign of potential messiness or lack of vision in the future. I’m also hoping to see better native integrations and higher levels of customer service. MobileMonkey had a kind of cult following so we’ll see if Customers.ai can keep loyal customers happy.

Visit Customers.ai

Tars

Tars scorecard
Pros
  • Template library
  • Instant response rates
  • Innovative technology
  • Integrations with CRMs
Cons
  • Opaque pricing
  • Learning curve
  • Lacks social media integrations
The Close Score
4.4
Value:
3.0
Features:
5.0
Integrations:
4.5
Customization:
5.0
Ease of Use:
4.5
out
of
5

Pricing

I know pricing starts at $99 per month, but that’s about it. Would love to see more transparency here. 

Tars’ Best Features

Tars serves multiple industries and has developed more than 1,000 templates for customers to deploy. It understands speed to lead and promises the fastest responses of any chatbot provider on the list. As a major chatbot player, they are up to date on the most innovative AI technology and are swift to adopt new and better strategies. Throw in that the integrations are pretty good, especially with CRMs, and Tars is an excellent real estate chatbot choice. 

Tars’ Drawbacks

Tars has limited social media integrations, so if that is where you’re engaging with most of your leads, this probably isn’t the best option. Consider Customers.ai or Tidio instead. I’d also say that the lack of transparency around pricing is frustrating. Finally, starting at $99 per month puts this tool out of reach for a lot of new agents. 

Visit Tars

Collect.Chat

Collect.Chat scorecard
Pros
  • Free version
  • Easy to use
  • Affordable
  • Good mobile experience
  • Excellent calendar integrations
Cons
  • Not fully-featured
  • Lacks some social media integrations
  • Lacks customization
The Close Score
4.5
Value:
5.0
Features:
3.1
Integrations:
4.8
Customization:
4.5
Ease of Use:
4.5
out
of
5

Pricing

Collect.Chat has a free version and several packages with the most expensive being $99 per month. Pricing is based on the features and number of responses. 

Collect.Chat’s Best Features

Collect.Chat is the ideal starter chatbot for real estate agents. It’s easy to use, has a drag-and-drop builder, and makes it easy for leads to book appointments and schedule showings. Plus the mobile experience is really top notch. This is as close to ready to go out of the box as you can get. If you’re not ready for some of the turbo-charged chatbot providers on this list but still want to try a quality product, this is the one for you. 

Collect.Chat’s Drawbacks

This is not as full-featured or robust as Freshchat, Tidio, Tars, or Structurely, and it lacks the social media integrations of Customers.ai. It’s also pretty limited in terms of customization at the free level. But all in all, if I was new to chatbots but didn’t want to waste my time (or my leads’ time), I’d give Collect.Chat a go.

Visit Collect.Chat

RealtyChatbot

RealtyChatbot scorecard
Pros
  • Real estate specific
  • Strong facebook integrations
  • Easy to use
  • Strong CRM integration
Cons
  • No free option
  • Expensive setup
  • Limited technology innovation
The Close Score
3.8
Value:
3.5
Features:
3.5
Integrations:
3.5
Customization:
3.5
Ease of Use:
5.0
out
of
5

Pricing

If you’re paying once a year, RealtyChatbot will run you $119 a month with a $195 setup fee. Otherwise it’s $149 per month with a $995 setup fee.

RealtyChatbot’s Best Features for Agents

The company’s AI chatbot can modify its responses based on how your lead answers questions. In addition, it offers agents the ability to sync their real estate chatbot to their Facebook page. This feature makes RealtyChatbot a great option for agents who interact with leads from their Facebook page or through Facebook Messenger. It’s also the only chatbot on this list that was designed specifically for the real estate industry. 

RealtyChatbot’s Drawbacks

Like Structurely and Tars, RealtyChatbot is priced a bit out of reach for many newer agents. And while it’s an effective chatbot that many agents like and use, it doesn’t have the robust AI features of a Tidio, Structurely, or Freshchat bot. We’ll be watching to see if it can continue to innovate in an ever-changing AI field.

Visit RealtyChatbot

Methodology for Finding the Best Real Estate Chatbots

When evaluating the many real estate chatbots on the market, we took into account the following:

  • Value
  • Package options and pricing
  • Real estate-specific features
  • Templates and scripts
  • Mobile app
  • Language capabilities
  • Branding
  • Analytics
  • Integrations
  • Customization
  • Ease of use
  • Customer support

Read more about our methodology here.


Bringing It All Together

What do you think about using real estate chatbots? Love them? Hate them? Any tips for chatbot use or have a favorite provider? Let us know in the comment section!

The post The 7 Best Real Estate Chatbots (Pricing, Pros & Cons) appeared first on The Close.

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https://theclose.com/real-estate-chatbot/feed/ 12 expand/collapse expand/collapse expand/collapse Screenshot_ReMax_Website_Chatbots Freshchat scorecard Tidio scorecard Structurely scorecard Customers.ai scorecard Tars scorecard Collect.Chat scorecard RealtyChatbot scorecard