Make the most of your market value under the Residential Property Leads
Posted by admin on 21st February and posted in Uncategorized
A Working Model
Using your network of data suppliers, questionnaires, surveys, Seo Agency partners and call centres, you can potentially generate the names of a substantial amount of potential residential property sellers at below market value.
By using a very low-key approach I have also found that the prospect is more receptive to the proposition. Even though leads are received with full name and postal address simply send the prospect a post card without including their name. The post card is very simple, very effective and is addressed to the occupier rather than the named individual. The card asks the prospect if they are interested in selling their property (even though we know they are) and if they are, a toll-free telephone number is included on the card for them to call.
What you need to remember is the prospect could be selling their property for a number of different and stress related reasons such as a death of a family member, divorce, loss of job, relocation of job, emigration or financial difficulty. The last thing they need is an intrusive piece of direct mail informing them that you know of their current situation and you would be interested in buying their property!
The Results
Constant use of this model has resulted in 15% response rates and a further 15% conversion from prospect to client
Other Things to Consider
You should not charge the prospect any upfront fees for your services. Straight away the prospect is on the back foot and conversion rates will be dramatically reduced.
You should approach the consumer on a soft sale basis – The best results have been without any high pressure tactics.
You should be looking to 20-30% maximum BMV or again the conversions will decrease dramatically.
Finally
So, a very simple but very effective method of building a substantial property portfolio at a competitive cost per acquisition. Try it and you will see for yourself.
a working model Use your network of providers of data, questionnaires, surveys, partners and referral call centers, you may name to generate a significant amount of potential home buyers at below the market value . With a very low key approach that I thought that the prospect is more receptive to the proposal. Even if the son is received with full name and mailing address only the prospect of sending a postcard without giving names. The card is very simple, very effective and is addressed to the occupier rather than the individual. The card asks the prospect if they are interested in selling their house (although we know they are) and if they have a toll free number is listed on the card to call. What you must remember, is the prospect may be to sell their property for a variety of stress-related reasons, such as dinterested in buying a property! results The continued use of this model resulted in