As a Realtor, How Do I Attract Listings?

Have you ever noticed that despite the massivethe list if they ask a neighbor for referral. In
number of Realtors in your area, only a hand fulladdition, if you specialize in a specific area, people
are making a fortune selling real estate?will recognize your name and be more inclined to
Regardless of who these realtors work for;trust you with their listing and to negotiate their
GMAC, Century 21, REMax, they are extremelydeal.3) Grow and harvest your area of geographic
successful where others in their office are barelyspecialization: Focus your marketing message on
scraping by. What is the secret to their success?the area of geographic specialization that you
First and foremost, it is their approach tohave chosen. If your area has a high rate of
marketing themselves and their customers.Soproperty turnover, then you will do very well. The
what techniques do they use to attract listings?most successful realtor in my area papers my
Well, while the rest of us are placing door hangersdoor with her picture every Monday afternoon. In
and mailing out notepads, these super sales peopleaddition, she includes a list of properties in my
have perfected marketing techniques that attractneighborhood that are listed or for sale. Looking at
motivated buyers and sellers, and motivate themthe sales price of other properties is a good
to take action. An example of one of themotivator for me to list my own home and take
strategies that the best seller in my city uses isadvantage of the capital gains.4) Create a
as follows:1) Specialize: Despite the policy of nevercontinual presence: Once you have chosen the
turning down a listing or qualified candidate, focustype of property to specialize in, and the
on specializing on the type of property that willneighborhoods to cultivate listings, begin promoting.
best suit your performance goals. For the personAs a marketing manager, I am a big fan of
in my area, single family attached homes providepostcards that are sent to target clients on a
the greatest return on investment and are turningweekly basis. Generally, it will take about fifteen
over the fastest. This is where she is reallypieces of promotion before a client will remember
making her money.2) Geographic Specialization:your name, but when they decide to list, you will
When a person decides to sell his/her house, theybe the first phone call.The overall goal is to attract
will find a realtor either through referral,as many viable listings as possible. Regardless of
recognition of a local representative, or throughwho eventually buys the property, as the listing
the yellow/white pages and internet. By focusingagent, you get to take advantage of the
your promotional efforts on a specific geography,commission. By focusing your time on marketing
you can increase your market presence so thatyourself to your most promising targets, you will
you are the first phone call if a target clientsave time and increase your listings substantially.
decides to sell their property, as well as first on