3. RE/MAX Mumbai Gujarat Maharashtra
Field work
Comparable Parameters
Price points
4. RE/MAX Mumbai Gujarat Maharashtra
Feature: 1 2 3 4 5 Comments
Neighborhood
Cleanliness
Hospitals/Emergency Services
Noise Level (trains, airplanes)
Parks/Recreation
Public Transportation
Schools/ colleges
Shopping
Places of worship
Crime Level/Police Protection
Property
Landscaping
Location
Price
Privacy
Resale Potential
View
Interior
Bathrooms
Bedrooms
Carpets/Floor Coverings
Dining Room
Family Room
Floor Plan
General Interior Condition
Air Conditioning Systems
Kitchen
Living Room
Plumbing System
Room Sizes
Storage
Wiring
Exterior
General Exterior Condition
Water Supply and Storage
Drainage Systems
Roof
Garage/ Parking space
Other Specific Features
Total Points
Other comments
Feedback and Rating
•Neighborhood
•Property
•Interior
•Exterior
•Other Specific
Features
5. RE/MAX Mumbai Gujarat Maharashtra
Build Rapport
Fulfill formalities
Determine previous home search efforts
Review Presentation packet
Try exclusive mandate if seller
Win buyer’s confidence
Identify priorities and motivations
Pre-qualify the buyer
Determine whether or not to represent buyer
6. RE/MAX Mumbai Gujarat Maharashtra
Client Information Sheet
New-home checklist
Process of real estate transaction
Resume, Bio, photo
Checklist of information at loan
requirement
City /Neighbor facts
Disclosures
7. RE/MAX Mumbai Gujarat Maharashtra
Home inspection reports
Home warranty FAQs
Sample brochures
Local insurance agents
Checklist of moving
8. RE/MAX Mumbai Gujarat Maharashtra
Years experience
Education and training
Ability to make process smooth
Exceptional client service
Understanding of specific neighbourhood
and market
Network of licensed professional
Negotiation Skills
Community Involvement
Something else
9. RE/MAX Mumbai Gujarat Maharashtra
- Referred by friend, neighbor or relative
- Used agent previously
- Internet
- Saw contact information on signs
- Visited open house
- Referral by another agent
- Referral from employer or relocation expert
- Walked into or called office
- Personal contact by agent
- Newspaper or yellow pages
10. RE/MAX Mumbai Gujarat Maharashtra
Prospecting: short term, tactical, you seek
customers
Marketing: Long – term, strategic, customers
seek you
11. RE/MAX Mumbai Gujarat Maharashtra
- Personal Promotion
- Differentiate yourself from competition
- Positioning
- Spaced Repetition
- Control Perception
12. RE/MAX Mumbai Gujarat Maharashtra
Select your target market
Select your method of contact
Give your prospect something of value
Follow up consistently
13. RE/MAX Mumbai Gujarat Maharashtra
Sphere of Influence
Foreclosed Properties
Builders and new Construction
Vacant Land Parcels
Investment Property Owners
Geographic Groups
Demographic Groups
Third Party Relocation Companies
Personnel Departments
Lawyer Referrals
14. RE/MAX Mumbai Gujarat Maharashtra
Historic Homes
Green Homes
Luxury Homes
Senior Citizen Homes
Second Homes
Farmhouses
Penthouses
Villas/Bungalows
Special Location Homes
21. RE/MAX Mumbai Gujarat Maharashtra
Niche Market USP
Unique Services USP
Service or Performance Guarantee
Comparison Marketing
USP Viral Marketing
New Listing Video
New Purchase Video
22. RE/MAX Mumbai Gujarat Maharashtra
Client Databases
- Prospective Buyers
- Prospective Sellers
- Sphere of Influence
- Past Client – Buyers
Attempting to stay in touch
23. RE/MAX Mumbai Gujarat Maharashtra
Drip Systems
Newsletter
E-Newsletters
Testimonial Letter
Evidence of success
Mixing and Matching
Integrating online-offline activities
Humor
Promotional Items
24. RE/MAX Mumbai Gujarat Maharashtra
100 people
Contact details
Initial Letter
Follow up letter – ‘Properties for Sale’
Follow up letter – ‘Recently sold’
Ongoing event mailers
25. RE/MAX Mumbai Gujarat Maharashtra
Cold Calling
Voice Mail and Answering machines
Door Knocking
Database Building
Vacant Lot Owners
Expired Listing
FSBO
26. RE/MAX Mumbai Gujarat Maharashtra
Farming for business
Geographical farming
Events and Sponsorships
Office Complexes
Corporate Farming
Relocation
Networking
27. RE/MAX Mumbai Gujarat Maharashtra
Product
Price
Promotion
Place
Packaging
Positioning
People
28. RE/MAX Mumbai Gujarat Maharashtra
Compare the product with comparable
offerings in the market place on a time
to time basis
Provide comparative market analysis
report to determine the correct product
pricing on a quarterly basis
Features, amenities, project strengths
and weaknesses on a quarterly basis
29. RE/MAX Mumbai Gujarat Maharashtra
Compare the price of the product to
available products in the nearby market
Price it as per the needs of the finance of
the builder and try to bring maximum
profitability for the builder
Correct mix of investor : end-user to
ensure project gets accepted well
30. RE/MAX Mumbai Gujarat Maharashtra
Above the Line promotion
Local channel operators
Local radio
Out of home
Magazines / Local supplements
Nearby cinema
Hoardings
31. RE/MAX Mumbai Gujarat Maharashtra
Below the line Promotion
Direct mail
Sales Promotions
Flyers
Point of sale booth at various places like
malls, stations, offices
Telemarketing
Brochures
32. RE/MAX Mumbai Gujarat Maharashtra
Separate website
Specific promotion through Google
Adword
Social Media Promotion
Listing on key portals
Managed Promotion on portals
Search engine optimization
33. RE/MAX Mumbai Gujarat Maharashtra
Key Milestones of project:
- Pre-launch, Bhoomipujan, launch, 25%-
50% and 75% of project completion
Festival based selling:
- Akshaya Tritaya, Diwali, Christmas/New
year
Education based selling
- Broker / End-user meets
CSR Events
- Blood donation drive at project
34. RE/MAX Mumbai Gujarat Maharashtra
Ensuring participation in key exhibitions
at national and international level to sell
the product
Display and information in key targeted
corporate in and around the area
Local : MCHI, Times Property Show
- DNA Property
International : RE/MAX shows around the
world
36. RE/MAX Mumbai Gujarat Maharashtra
Position it to sell
Ensure that genuine buyers are able to
consider the product
Build a brand so customers perceive us
positively and position it as a customer-
centric group
Helping define a position in the market
and working towards achieving
excellence in the same
37. RE/MAX Mumbai Gujarat Maharashtra
Well qualified trained agents / staff to
market the project
Local association promotion
Creating an agent centric attitude to
ensure more people are working on the
field towards your project to sell it faster
38. RE/MAX Mumbai Gujarat Maharashtra
Tieups with major housing finance
companies
Ensure local key influencers are updated
and apprised on regular basis
Community Involvement through raising
of issues of local concern and
participation