This document discusses developing a personal marketing plan. It recommends defining objectives and goals, targeting a specific audience, differentiating yourself, refining your message, determining the best media, creating an action plan and schedule, preparing a detailed budget, and measuring results. It also provides tips for finding qualified buyers and reaching out to potential buyers. Obtaining an ABR designation can help provide a market edge.
1. In this chapter
Developing a personal marketing plan
Finding qualified buyers
Reaching out to potential buyers
Using your ABR as a market edge
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2. 1. Define your objectives and goals
2. Target a specific audience
3. Differentiation
4. Refine your message
5. Determine the best media
6. Create your action plan and a schedule
7. Prepare a detailed budget
8. Measure your results
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6. Designation
Firm
1%
Caring / Good 4%
Listener Other
10% 5%
Honesty
29%
Knowledge of Area
12%
Agent is Friend / Reputation
Family 22%
17%
•You should know the client / customer’s expectations as
well as their needs*
7. People you know
People you don’t know
Referrals
Events
Marketing media
Interviews
Other opportunities
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9. Develop a presentation package
Write newspaper and magazine articles
Create a newsletter – snail mail or electronic
Consult with a publicist
Telemarketing
Market to companies relocating to your area
Develop contacts with property management firms
Present home buying seminars
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10. 1. Logo Design
◦ www.eLance.com
◦ www.HobbsHerder.com
◦ www.gimp.org
◦ www.Picnik.com
2. Slogan
3. Your Real Estate Image
4. Color and Style
5. Personal Appearance
6. Stay Consistent
Branding presents consumers with a consistent
vision or image*
11. 93% of homebuyers used the Internet as an
information source
87% of buyers search the Internet to find
property information, 3% to find a real
estate agent
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14. 170% Growth in 35-45 year olds in past
year
Average age of a user is 32
Majority are College Graduates
Largest increase of users are those over 55
in the past year
175 million active users
Average users have 120 friends
18 million update daily
Over 3 Billion minutes spent on Facebook
daily
◦ Source: http://www.facebook.com/press/info.php?statistics
•www.TheAgentTrainer.com
15. Most Useful Information
◦ 84% Photos (At least 6)
◦ 82% Detailed Listing Information
◦ 60% Virtual Tours / Real Estate Shows
◦ 39% Maps
◦ 37% Neighborhood Information
◦ 26% Agent Information
Average time for REALTOR to respond to
consumer inquiry = 52 Hours
Average number of pictures per listing = 2
•www.TheAgentTrainer.com
16. Benchmark of excellence in buyer
representation
Emphasize your education focused on
representing buyers and demonstrated
experience
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17. REBAC’s Consumer Focus
National advertising campaign
promoting ABR® and ABRMSM
National press coverage
Wall Street Journal, USA Today
- 1,500 daily newspapers
- 8,500 suburban weeklies
Nearly 350 nationally broadcast
commercials on the radio
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18. Swanepoel: “87% of Brokers feel that servicing
smarter and more informed consumers as
their largest concern”
Marc Davidson, 1000 Watt Consulting: “How
long can a trillion dollar industry sustain
disregard for the
iPOD, MySpace, Facebook, YouTube, Starbuck
s, text messaging and brand conscious
consumers?”
•www.TheAgentTrainer.com
19. Postcards
Ad slicks
Press releases
Logos and stickers
Your own home page with your own URL –
www.rebac.netYour name
Homebuyer’s Toolkit
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22. You’ve completing the first step to achieve
the Accredited Buyer’s Representative
designation!
Next
Complete one elective course
Document five completed transactions
Maintain REBAC membership
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