SETSCHEDULE BLOG

SetSchedule’s December Webinar Schedule

Internet Lead Conversion: 3 Tips for Closing Transactions

November 23, 2019

Many realtors hate internet leads and will be quick to say they are worthless. Internet leads can be challenging, but there is no denying that the vast majority of home buyers and sellers will start their real estate journey with an internet search. As this becomes the new normal for real estate, more and more agents are jumping on the bandwagon to work internet leads. Like anything else, there are tricks for getting the most from your legwork. Here are some tips for finding your next transaction from an internet lead generation service.

 

Revamp your mindset

First things first: 80% of internet leads will go nowhere, but that’s okay. Instead of thinking of internet referrals as leads, think of them as “opportunities” to have conversations with people who may need your help now, or in the near future, or never. When contacting internet opportunities, first focus on the 5 – 10% of contacts that need your help in the next 30 – 60 days. Next, focus on the 5 – 10% that will need your help in the future. The future buyer and seller is the demographic most neglected by real estate agents, but staying in touch with your future clients maximizes the chance that you will get their business when they are ready to sell. Think of yourself as a farmer of opportunities and conversations and this strategy will pay dividends.

 

Stop obsessing over the “sale”

When contacting and following up with an opportunity, most agents try to sell the prospect on giving them their business. While this strategy is understandable, it can cause resentment and distrust to emerge and fester. If you view prospects as walking dollar signs, the prospect will pick up on this. For the prospect, picking an agent means choosing the person you will entrust with what is likely to be the biggest investment they will ever make in their lifetime. To the agent, it might just be one more transaction in their expansive book of business, but to the prospect, working with an agent is a special and intimate undertaking. If they feel that an agent is treating their life’s investment like another run of the mill day at work, they are likely to stop engaging with that agent. Instead, focus on customer service and being a source of knowledge and guidance. Ask them questions about what they want and need, then listen. Don’t pressure or rush them, but rather work with them to figure out how to best help them realize their residential and investment goals.

 

Follow up on the follow up

Work to stay in contact with all of your prospects, whether you think they will transact in the next 60 days, the next year or the next 5 years. Top-notch customer service on the front end will often be for naught if there isn’t adequate follow up on the back end. Don’t let your initial efforts go to waste. Follow up on the follow up and continue doing so until you get that prospect into their dream home. 

 

Subscribe to YouTube.com/setschedule for exclusive content on internet lead conversion!

Reviewing the Reviews: SetSchedule on how to evaluate and evolve from negative reviews

November 13, 2019

Word-of-mouth testimonials have served as meaningful sources of consumer engagement since the dawn of industry. What your customers say about your business to other people matters. This is possibly true now more than ever as advances in social media allow businesses to harness their online reputation to boost brand awareness, inspire customer loyalty and attract new consumers. At the same time, these same advances open potential vulnerabilities for a business when the review(s) in question prove unflattering. Research has shown that upwards of 90% of online consumers report avoiding a business after reading bad reviews. 

 

Obviously, in this day and age, anyone can comment at any time about anything on many social media platforms. There is something to be said about leaving an opinion in print. Despite the source, or credibility of the review, reviews can change the way you perceive a business. And since it is virtually impossible to be a successful company today without operating in the digital realm, at least in small part, your online reputation matters. Bad reviews can close a company’s doors before they are even open and leave new established businesses vulnerable to consumer slowdowns. Being a technology and data company that services the real estate communities, SetSchedule is no stranger to the online review. Since SetSchedule’s online presence inevitably impacts our consumer engagement, it is important that we take action toward a resolution. Below is SetSchedule’s strategy of evaluating, responding to and evolving from negative reviews.

 

Evaluate the negative reviews

Bad reviews sting even the most seasoned business professionals. Objectively you understand that no one can please everyone, but nonetheless when faced with a bad review your instinct will often be to deflect (blame the customer for their bad experience), dismiss (I don’t care what anyone says about my business) or wallow (ruminating on your perceived failure). None of these are helpful responses. Instead, try to remain empathetic yet detached when evaluating your reviews. Try to notice patterns in both your positive and your negative reviews, and let go of the outliers. There will always be extremes and isolated incidents which can be easily identified and resolved internally. But more important are the recurring themes in SetSchedule’s negative reviews. These are invaluable insights into where our service might be lacking and how to improve. 

 

Respond to negative reviews

Whether a review is good or bad, behind that review is a person who took time out of their day to write about your company. SetSchedule remains grateful for all reviews – the good, the bad and the ugly. One predominant way we show this gratitude is by responding to each and every review. Above all else, reviews should be treated as business indicators – indicating what you are doing right and what you are doing wrong. Social media has brought the power to receive instantaneous customer feedback and if responded to with gratitude first and foremost, this feedback can be harnessed to boost your business to new heights. 

 

Evolve from your negative reviews

The final step in SetSchedule’s approach to negative reviews is to evolve. I just explained how reviews function as roadmaps guiding your business on a path to success. Now it’s up to you to incorporate those reviews into your business model. Once you identify patterns in your negative reviews, you next have to plan how to overcome these points of friction. Do your employees need more training? Do you need to invest in infrastructure? Do you need to modify the service you offer? Growth only occurs in a state of discomfort so it’s up to you to use your reviews like a roadmap and pilot your business accordingly.

 

Bonus Tip:

Research is showing that more positive reviews are appearing online. Meaning online forums are becoming less a place to complain and more a place to recommend businesses. However, consumers are still more likely to leave a review after a negative experience than a positive one. This means it is increasingly important that you remember to ask your happy customers to leave reviews too. What’s more, it is important to follow up with those customers and encourage them to leave those glowing testimonials. Click here to hear top Tampa real estate agent, Eric Jenkins, discuss how hard he works for his testimonials. 

 

Subscribe to YouTube.com/setschedule for more videos on how to handle negative reviews and stay positive in the face of rejection.

 

SetSchedule’s November Webinar Schedule

November 2019
SUN MON TUES WED THURS FRI SAT
1 2
3 4 5 6 7 8 9
11am Pacific Time How To Build Your Pipeline Using SetSchedule 1pm Pacific Time Advanced SetSchedule Workshop: Advanced Training Of the SetSchedule App
10 11 12 13 14 15 16
11am Pacific Time Learn All About The Referral Radar Features 1pm Pacific Time 5 Little Known Features of the SetSchedule App and How to Use Them
17 18 19 20 21 22 23
11am Pacific Time How To Build Your Pipeline Using SetSchedule 1pm Pacific Time Advanced SetSchedule Workshop: Advanced Training Of the SetSchedule App
24 25 26 27 28 29 30
11am Learn all about the Opportunity Management tool on the SetSchedule App
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