| Dear Paul:
Actually, there are any number of
ways you can use the Internet to achieve that "unfair" advantage.
However, to keep things simple, I am going to focus on one unique
solution that will definitely help you stand head-and-shoulders
above your competition.
During any
listing presentation, there are several things that are utmost on
the prospective sellers mind:
-
Their
property will sell quickly and painlessly for the listed price;
-
You are the
best one to market their property;
-
They want to
know what is going on during the marketing process.
How well your prospects
perceive a. & b. above is a function of your
sales skills. However, there is a unique and powerful online
tool that can greatly enhance your ability to keep them informed,
help you adjust pricing when needed (without making you the "bad
guy"), elevate you to the status of "Marketing Guru" in their
eyes, and by the way �probably sell your listings faster too...
Automated Seller "Wow!"
HomeFeedBack.com
is a unique and patent-pending online service that essentially allows you to automate the
showing feedback on your listings in a way that:
-
Encourages more and greater
detailed feedback from showing agents with a lot less effort on
your part (i.e. no more "begging"!);
-
Aggregates
the feedback information in easy to understand graphs,
charts, and actual comments from showing agents;
-
Allows you
to use this objective feedback information to persuade sellers to
modify their price and /or condition of the property. And
since the comments are from others, you can confidently approach
the seller regarding changes without fear of negative
repercussions.
Here is how you get started:
-
Create Your Account - go
to Homefeedback.com and create an account so you can start using
the system. As of this writing (8/01) there is a $29.95 one-time
set up fee and a $9.95 charge per listing that you are tracking.
(NOTE: see special pricing at the end of this article)
-
Customize Your Feedback
Questions - you can
customize the default list of feedback questions that will be
asked showing agents to best fit your area, types of properties,
and marketing style.
-
Incentivize Feedback Response
- optionally, you can create a "bonus" system that rewards quick
showing agent response to e-mailed feedback requests. This
can be as simple as lottery tickets or any other valuable and
exciting give-a-ways.
Once set up, you are ready to start
adding listings to the system which can easily be done in just a
few minutes by you or your assistant. Each seller receives
their own password protected feedback page where they can view the
statistics and comments from all the feedback to date, view status
of pending (i.e. requested but not yet received) feedback, and
directly enter in showing agent contact information.
This last part is very powerful,
because it allows the seller to become directly involved with the
marketing process where they feel they are doing something
important and useful, in addition to removing a burden from your
shoulders. It should be noted that sellers are not required
to participate this way, but chances are they will feel grateful
and anxious for the opportunity.
Every time a showing agent's
contact information is added, the system automatically sends an
e-mail requesting their feedback for the specific property.
It includes a link to a special location on HomeFeedBack's site
where they can easily and quickly enter their comments into the
system. If an agent doesn't respond within 3 days, the
system will send another request. If they still don't
respond after the 3rd request, the seller is automatically sent an
e-mail indicating your efforts to request feedback and the showing
agent's lack of response. This is yet another way the system
makes you look good even if someone else drops the ball.
Comments Worth Their Weight In
Gold
In addition to multiple choice
questions, showing agents can also add their candid open-ended
comments �which you may not want the seller to see because they
may be poorly written or unnecessarily critical.
Fortunately, HomeFeedBack allows you to restrict seller access to
these. Otherwise your seller has 24 hour access to their
showing feedback as it comes in.
Here is how you can use this
incredibly powerful tool to boost your listing presentation
closing rate, even when you are offline meeting with prospective
sellers (NOTE: the following assumes you are using IE 5.0 or later
as your browser):
-
Take one of your most recently
listed properties and get permission from the seller to allow
you to demonstrate the system to other prospective sellers
(including showing feedback comments, etc.);
-
Go to
HomeFeedBack.com and login as the seller. You will see
this
screen. Now click on every [View FeedBack] link in the
"Status" column (this stores a copy of each feedback page in your
browser cache);
-
Go back to
the main Seller's screen (the one that showed immediately after
logging in) and proceed to save this page and all of its links as
a "Favorite" �to be viewed offline.
(NOTE:
this very powerful capability of turning your IE 5.0 or later
browser into an offline Web site presentation tool is explained
step-by-step in another recent article I wrote located at
http://www.mrinternetnews.com/articles/art0108/03ept_0108.htm
-
Armed with
this powerful offline presentation of actual feedback on one of
your listings, you can show the prospective seller:
-
That they are
an important part of the marketing process (thus psychologically
binding them to you as "part of the team");
-
That they are
constantly in the loop and will know what is happening at all
times (so they stay in control of the listing process);
-
How they will
see real-time results of your marketing efforts (giving them proof
that you are doing your job);
-
How you can
instantly contact all showing agents via e-mail about any changes
to price or terms (boosting chances of a quicker sale);
-
That they
will receive the fastest feedback possible as to what the market
really thinks about their property, price and terms (allowing them
to make intelligent decisions about any changes to enhance the
chance of a higher sales price).
Now, what do
you think a prospective seller is going to say when you present
this program as an integral part of your listing package?
How about �"where do I sign!?"
While
HomeFeedBack.com is one of the dot-com survivors, it spreads word
about its service mostly via word-of-mouth. So, chances are
not many of your competitors are likely to use it against you (and
certainly not in the way I just described) �yet! At the
regular set up price of $29.95 your investment is minimal compared
to the huge returns in time saved, reduced effort, faster sales,
and additional listings.
However, it
gets even better. If you
CLICK HERE, you will be taken to a
special sign up page for Mr. Internet column readers1
where your start up fee is cut in half to $14.95. Additional
savings on an incredibly powerful tool that can only be described
as your "unfair advantage"!
1
This special pricing is part of Mr. Internet's e-Bate�
program. Neither Mr. Internet, nor any of the staff or officers of
RUSSER Communications receive any compensation whatsoever from
this or any other vendors that participate in the e-Bate� program.
|
Article Resources: |
|
HomeFeedBack.com
- where you set up an automated feedback system for your
listings and turn that information into a killer listing tool! |
|