Hey guys, I want to talk to you about a unique way of going after for sale by owners and expired listings, and that is cold texting. Today, we’re going to focus on FSBOs.
With for sale by owners, we know that 92% of these folks are eventually going to work with a REALTOR.
The question is:
Will it be you or your competitor?
If you never reach out, never make contact, and never make an effort, you’re never going to have a shot at getting these listings. You never get what we call an “at bat.”
So how do you get an at bat? You make contact. You build a relationship. You’re never going to close them on the first appointment. Usually it takes several appointments and several conversations to get them to come to you.
Remember, FSBOs typically have a four-to-six-week incubation period. From the time they plant the sign in the yard or post on Craigslist or Facebook Marketplace, within four to six weeks, 92% of them will have worked with or decided to work with a REALTOR.
So what’s our co...
Brokerage owners and team leaders — I have a question for you: What problem are you solving for agents?
If you're not solving a problem for them, there's no reason for them to come work for you.
The number one problem you can solve is helping them unlock the door to more transactions. Most agents are struggling here, so giving them a roadmap, tools, strategies, and techniques to close more deals should be your top priority.
But there are other problems we often overlook. Maybe they’re struggling with time management, technology, client management, building out a CRM, or having a reliable way to evaluate potential listings.
Agents have many challenges, and if we’re not addressing them, we’re giving them no reason to join our company.
All great businesses — especially industry disruptors — solve problems.
Think about the great companies you do business with today. They’ve solved a problem.
You need to be the problem solver.
Take a moment to reflect on your market. What are four o...
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