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There's power when you tell the truth in your marketing.
Bill Bernbach, an American advertising creative director, said “A small admission gains a large acceptance.”
This is a principle in advertising.
Tell people what they already know with your direct mail marketing.
This strategy is a perfect example.
Bonus: We used Yellow Letters Complete to create this campaign. They handwrite the notes using a robot, and you can add a custom sticky note that we find to be extremely effective in eliciting responses.
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This direct mail campaign generated a $2M listing.
Total spend, $1,200.
We targeted 1,000 neighbors who had owned their homes for more than three years and had a property value of over $1.5M.
Here’s why it worked:
1. We had social proof (“Your neighbor hired us”).
2. We provided specifics about the sale that couldn’t be found online.
3. We shared a relevant statistic that piqued their curiosity.
Most importantly, we had a clear and direct call to action targeted towards serious sellers.
Bonus: We used Yellow Letters Complete to create this campaign. They handwrite the notes using a robot, and you can add a custom sticky note that we find to be extremely effective in eliciting responses.
The cost is about $1.20 per piece.
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This strategy is called Zillow vs Agent.
(S/O to Jacob Stark for executing this strategy.)
First, a question for you: What happens to the Zestimate when you list a property?
Right—it changes to the list price.
Talk about the biggest punch in the gut.
If you list a property for $500,000 and you sell it for $500,000…it doesn't appear that you did anything. You simply sold it for the Zestimate.
What most people don't realize is that maybe two weeks ago, the Zestimate was $430,000.
But you had no record of proof that you actually sold that property for $70,000 above the Zestimate.
Here's how to take advantage of that—
Before you put the home in the MLS, take a screenshot of the Zestimate.
Then after you sell it, you have a before and after to showcase how great you are at your job.
Here's the exact copy to use in your letter.
1 listing appointment, 120 letters sent.
Here's how the ZMA works:
1. Print out a screenshot of their Zestimate
2. Add a handwritten sticky note with the CTA—Would you sell for 10% more than this? (feel free to adjust based on your market)
3. Mail to your farm. Handwritten is better than mass-produced.
Pro-tip: Use Propstream to build your list and use the following parameters:
7+ years
4%+ interest rate
Owner occupied with 30%+ equity
Of course, feel free to adjust based on your own knowledge of the market.
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You’re going to love this strategy.
We all know that unsolicited CMAs work.
What you need to do next is take your most marketable CMAs and turn them into a direct mail campaign to generate seller leads.
The process goes like this:
1. Do 5-10 CMAs.
2. Highlight the most notable one.
3. Send this letter to your farm.
This is how you generate high-quality leads without paying a profit-crushing referral fee.
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Just Sold Letters + Circle Dialing works.
The following campaigns resulted in multiple listing appointments.
Here's the pro-tip:
1. Build a targeted list. Ideally, homes that fit in your local "sell-box."
2. Create a campaign that provides information the consumer can't find online (i.e. # of offers, # of showings, etc.) with a simple and clear call-to-action. Don't include the final sale price—that gives potential sellers a reason to call.
3. Make your offer clear and compelling.
And finally, don't wait for the inbound calls.
Hit the phones to follow up.
This needs to become an SOP every time you sell a home.
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There are probably people in your database who bought a house with a real estate agent who no longer carries a license.
They've been left to fend for themselves and probably have no relationship with an agent at this point.
If you were to market to them…here's what you might say.
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You're either going to love or hate this strategy…
We've all heard the stat that 87% of consumers say that they'd work with their agent again, but only 12% do. (Source: NAR)
Part of the reason why that is, is because the consumer never hears from their agent again after they buy or sell.
This strategy speaks to those folks directly.
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This letter generated a $2,100,000 listing that sold in 2 weeks.
While your competition is asleep at the wheel sending their generic, Just Listed and Just Sold postcard, there's an opportunity to stand out in the mailbox by providing useful information that's personalized to their market.
We sent this letter to 1,497 North Hills homeowners. Total cost, $1,047.
Here's why it worked:
1. The audience matches the message
2. The call-to-action answers the "Why now?" question
3. The social proof creates confidence
Don't believe the adage that it takes 12 months to generate an ROI from direct mail.
A well crafted message that has a clear call to action can drive immediate results.
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Every buyer is an opportunity to get a new seller.
That's why when you have buyers who are looking in a specific neighborhood, send out a direct mail campaign that describes who they are and what they're looking for.
S/O to Jason Cassity for going the extra mile for his clients using this strategy.
Would this strategy work in this market? 100000000%.
Don't stress about the market, your competition, or the economy—focus on what you can control.
Every buyer is an opportunity to get a new seller. The Magic Buyer letter is simple:
- Write a letter to homeowners who live in the neighborhoods where your buyers are looking to live.
- Be specific in describing who your buyers are and what they're looking for.
- Encourage these homeowners to contact you if they're interested in selling.
Would this strategy work in this market? 100000000%.
Don't stress about the market, your competition, or the economy—focus on what you can control.
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One of the best ways to turn your recent sales into more listings is to use a technique we call: Market your marketing.
35,234 people saw this on Facebook is an irresistible hook.
This is more than just a success story, it's proof that you're great at your job.
By highlighting a specific marketing metric, you demonstrate your ability to get their home in front of more prospective buyers—something sellers value a lot.
So the next time you sell a home:
Take a single WOW metric from your advertising or marketing campaigns.
Send this email.
Then, record a video and share it on social media.
Then, mail a letter to nearby neighbors.
Rinse and repeat.
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The thought "selling is a bad idea" has crossed the mind of nearly every seller at some point.
Rather than resorting to the usual "now is a good time to sell" pitch often used by Realtors, let's tackle the issue directly.
Selling your home is painful.
It's emotional.
It can be overwhelming.
And it costs $$$.
Even when it's easy, it's not.
There's an adage in marketing, a small admission is how you gain large acceptance.
So let's address the pain head-on.
This campaign can also be used for a direct mail letter and a short-form video on social media.
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This is a strategy we call "Land & Expand."
It's a technique to bridge the gap between marketing and sales. Which means, you'll send a marketing email to a targeted list with a targeted message. Then follow-up with a text:
Hi [First Name],
Hope you’re well my friend. I just sent you an email.
Let me know if you fall into bucket #1, #2 or #3 🙏
Chances are they'll get the text before they see your email. So you'll start the conversation via text, prompt them to check their email, and hopefully respond to your text to continue the conversation.
The goal of this strategy is to get a good sense of where your past clients fall in their seller journey as you think about your sales pipeline.
Are they 6-12 months out from selling?
2-4 years from now?
Maybe more?
As you get more information and more context about their plans, add those notes to your CRM and start to be helpful right now to help them achieve whatever it is they want to achieve this year.
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You probably have potential sellers in your database who are curious about whether they'd benefit more from renting or selling.
So, why not speak directly to this particular prospect and offer them a Rent vs Sell Analysis?
You might be surprised with the responses you get.
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We all know that reviews matter.
But if we're honest, most of us might miss the opportunity to capture the story and the sentiment from a happy client after the transaction.
This is an email you can send to your past clients immediately after you help them complete the transaction.
The best part?
It actually includes five questions to make it easier for them to leave a review.
Be sure to include the link to where they can write the review, right in the email.
If you do success stories with your past clients, you can also use these questions in your interviews.