RE Marketing Strategies I
A term that decreases client coverage and another meaning for agent saturation.
Competition
When interest rates increase, what happens to the buyer's market?
Decrease
Another name for "Off The Filed/Offline Marketing"
Micro Marketing
A goal-setting formula, that is used to dictate how many closed transactions you gain from initial conversations.
30% rule
A social media platform specializing in posts, reels, and 24-hour stories.
A promising goal that allows your business to "work for itself". It creates the ability for you to be in two places at once.
Referal based business
A real estate concept that is impacted by supply and demand when listing homes.
Days on Market
Another Name for "Online/On Field" Marketing
Macro Marketing
This goal-tracking method measures performance skills and is great for business evaluation.
Conversion Goal
A database that sends automated listings to clients. It allows you to track activity and serves as a lead-generating tool.
One Home Portal/Listing Portal
A group of individuals who consistently refer your business.
Circle of Influence (COI)
What happens to listings when the Days on Market continue to increase?
List prices may drop.
Buyers Most Likely to Negotiate.
The most popular "Marco Marketing" platform
Social Media
If you speak with 14 prospective clients, based on the 30% rule, how many clients will most likely make it to a closed transaction
A system that promotes your lifestyle to the public. It has multiple platforms and helps generate clientele.
Social Media
This type of person has the ability to create long-lasting relationships.
Networker
A market concept showing a pattern within an allotted amount of time.
Market Trend
Email Campaign
If you meet with 10 prospective buyers, and 8 sign buyer broker agreements, what is your conversion rate?
80%
This system allows you to organize contacts. It assists in collecting and managing information for prospective, current, and previous clients.
Customer Relationship Management (CRM)
A type of niche that ensures consistent inventory and may involve your services for buying or selling transactions.
Investor
An MLS app that shows market trends and Statistics.
Market Stats
A macro marketing concept that displays all of your marketing sites and branding on one page.
Landing Page
A popular tab on your MLS home page that shows things such as Days on Market, Back on Market, New Listings, Released Homes, and Coming Soon Properties.
Market Watch Tab
A specialized MLS real estate system that provides a property overview and tax ID information. This tool can be used during an offline farming campaign OR to research detailed information on a specific property beyond the MLS.
Realist