How to Get Clients in Real Estate Business

Perhaps the simplest way to get leads in real estate is to buy them from a lead generation company. These companies advertise on your behalf to acquire customers with an interest in either selling or buying a home. Then, they’ll provide you with these potential clients’ contact information so you can reach out. Many services also provide full customer relationship management (CRM) system features such as automated follow-up, appointment scheduling and more.

Building relationships with people in the neighborhoods you want to work in is a great way to get your name out there. You can do this by volunteering at community events, donating gift baskets at charity auctions or even having giveaways to local businesses. The more people you can reach, the bigger potential client base you’ll have.

Eventually, if you do enough genuine outreach, people will come to know you and your services by name. And when it comes time to sell or buy a house, you’ll be the first one they think of.

According to the National Association of Realtors (NAR), 68% of people who used a real estate agent found that agent through their family or friends. That means your existing clients can play a huge role in getting you new customers.

As long as you provide excellent services throughout the transaction, your clients likely won’t need any prompting to recommend you to others. Still, it doesn’t hurt to offer a small financial incentive, such as a $25 gift card, for any client who brings you a successful referral, leaves a review of your services or posts on social media about how you helped them.

Did you know that 69% of real estate sales agents have their own website? If you don’t have one, you’ll be missing out on valuable web traffic, since 51% of home buyers use the internet to find the home they want to purchase, according to NAR.

The most common type of real estate website is an internet data exchange (IDX) site that automatically showcases all of your MLS listings. That way, you can promote your seller clients while also attracting new buyer clients. However, you can also have a more basic website that lists your specialties, affiliated brokerage, track record and a contact form.

Social media is another big tool for attracting clients. NAR estimates that 20% of its members get 1% to 5% of their business from social media, while 10% get 6% to 10%. You’ll want to have profiles on all of the major services, including Facebook, Twitter and Instagram.

Read Also: The Right Skills A Real Estate Agent Needs

Wondering how to get clients in real estate through social media? Post about your current listings, the services you offer or success stories of how you’ve helped clients in the past. You may even consider looking into pay-per-click (PPC) advertising on sites such as Facebook and Google. This type of advertising displays your ad content to targeted users based on their search behavior or demographics, but you’ll only pay every time a person clicks on the ad.

To keep your social media accounts running smoothly, we also recommend trying out a social media management software that lets you schedule updates in advance so you don’t need to take time away from clients to post.

Your local area probably has dozens of run-of-the-mill real estate agents, but how many luxury real estate agents does it have? Or farm real estate agents? Chances are, fewer people specialize in areas such as these, meaning you’ll have less competition to fight against.

Once you pick a niche and advertise yourself as the local expert in that specific type of situation, you’ll become the go-to person in your region. Of course, building yourself up as an expert takes time. You’ll likely need to start blogging about your niche, partnering with brokers who already have experience in that niche or even sending mailers to people who fit your niche.

No one likes cold calling, but sometimes, it can be a really valuable way to track down leads. In particular, it can help to curate for sale by owner (FSBO) sellers trying to list their homes by themselves or expired listings that never had any takers.

There are lead-buying services that can provide you with these types of contacts, but if you want to do it yourself, a good place to start is Zillow. Here’s how to find these numbers:

• Head to the “Buy” page and choose your area
• Click the “Other listings” button
• Click on a listing and scroll to the end of the “Overview” section to find the seller’s phone number

Make sure you have a script ready whenever making calls so you’re prepared for any and all objections sellers may have—and they’ll likely have a lot.

Open houses are often a realtor’s best friend because they give you the chance to network with interested home buyers. Many realtors include a sign-in sheet where house hunters can write their names, email addresses and phone numbers—which you can then use to get in touch with them later.

However, what if you don’t have a client who wants to host an open house? You may be able to ask another realtor if you can host an open house for them. Often, experienced realtors are busy and don’t have time for open houses, so they’ll appreciate the help.

If you really want to get your name out there as a knowledgeable agent, one way to do that is by contributing to news articles. By offering up your expertise and acting as a source for journalists, you can position yourself as an expert in your field. One place to get started with this is Help a Reporter Out (HARO), which connects journalists with expert sources.

When people are reading an article where you’re quoted, they’ll turn to you if they have more questions or want help selling or buying. Being quoted in an article also gives you the chance for a backlink, which can improve the visibility of your website.

Everyone knows that selling a home is expensive, so do your best to assuage sellers’ apprehension by offering some free services. For example, if you include professional photography in your services, that can save the seller a few hundred dollars. Make sure you mention this in all of your advertising to help yourself stand out.

You should also be offering a free comparative market analysis to all clients—even before they sign on with you. Sure, it’s a little more work for you, but it doesn’t cost you anything extra and can make sellers more willing to partner with you.

Referrals aren’t just reserved for friends and family of past clients. You can also get them from plenty of other people and companies in the real estate field. For example, you might be able to form a partnership with these types of professionals:

• Appraisers
• Contractors
• Inspectors
• Mortgage brokers

Simply ask them if they’d be willing to recommend you to their clients. In turn, you can recommend them to your clients as they navigate the buying or selling process. It’s a win-win for both parties.