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How to become the primary real estate professional for a local business or organization

Date post: 13-May-2015
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What a corporate real estate benefits program is and why is it important to the career and business of real estate and mortgage professionals
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How to Become THE Primary Real Estate Professional for Local Businesses Lead Generation Strategy For Real Estate Agents
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Page 1: How to become the primary real estate professional for a local business or organization

How to Become THE Primary Real Estate Professional for

Local BusinessesLead Generation Strategy

For Real Estate Agents

Page 2: How to become the primary real estate professional for a local business or organization

• If this ATM was giving 50 dollar bills for every 1 dollar bill you inserted

Page 3: How to become the primary real estate professional for a local business or organization

Get Your Coffee, Close Your Door

• #WhatsYourFlavor

• #RealAccessPro

• #TowneMortgagePro

• #APMCPro

Page 4: How to become the primary real estate professional for a local business or organization

• If this ATM was giving 50 dollar bills for every 1 dollar bill you inserted

• How many $1.00 bills would you insert

Page 5: How to become the primary real estate professional for a local business or organization

Imagine $1,000,000 Listing

• What would you give to someone to get a $1,000,000 listing

• (Is it worth $5,100 of your commission)

Page 6: How to become the primary real estate professional for a local business or organization

What is Real Access Pro

• Real Access Pro (RAP) is a business development platform – For Real Estate Agents– Real Estate Brokers

Owners– Associated Vendors and

Advertisers

Page 7: How to become the primary real estate professional for a local business or organization

How to Become a “PRO”

• P PRIMARY

• R Real

• e Estate

• a Agent (for)

• O Organization

Page 8: How to become the primary real estate professional for a local business or organization

Largest South Florida Companies

1. Baptist Health South Florida (14,627)2. University of Miami (13,428)3. American Airlines (9,939)4. Broward Health Care (8,183)5. Miami Dade College (6,787)

Source: SFBJ – July 2013(South Florida Business Journal)

Page 9: How to become the primary real estate professional for a local business or organization

Total Number of Employees

52,964 Employees

Page 10: How to become the primary real estate professional for a local business or organization

Total Number of Transactions

953 Transactions(18 transactions for every 1000 employees)

Page 11: How to become the primary real estate professional for a local business or organization

So What is It?

Page 12: How to become the primary real estate professional for a local business or organization

So What is It?

Page 13: How to become the primary real estate professional for a local business or organization

So What is It?

Page 14: How to become the primary real estate professional for a local business or organization

So What is It?

Page 15: How to become the primary real estate professional for a local business or organization

Corporate Real Estate Benefits

• Why– 17000 Companies Employees surveyed

across the US – Corporate Real Estate Benefits was one

of the Top 3 Requested Benefits by Employees

Page 16: How to become the primary real estate professional for a local business or organization

Corporate Real Estate Benefits

• What– One Stop Shopping

• Mortgages• Title• Credit Repair• Area Discounts• Property Listings (Backlinks to your own websites)

– Discounts for “In Network” Usage of Professionals

– Other Benefits• Lunch and Learn (presentations)• Area Merchant Discounts (referral partner marketing)

Page 17: How to become the primary real estate professional for a local business or organization

Corporate Real Estate Benefits

• What it is NOT– Corporate Relocation Services– Upwards of 40% referral fee

Page 18: How to become the primary real estate professional for a local business or organization

Corporate Real Estate Benefits

• What– Free Service to the Company– Free Enrollment to the Employee– No annual dues or membership fees– Savings, Rewards, Discounts

• (Not everyone is willing, ready and able to buy real estate)

• Some will remain renters

Page 19: How to become the primary real estate professional for a local business or organization

Corporate Real Estate Benefits

• Other Ideas– Target by Company name– Target by Profession

• Examples, Nurses in Ontario– http://www.whitbyparade.com/Benefits

– Target by LEO / MIL– Target by Area (hyper local)

• Examples, New England Title– http://www.newenglandtitleandescrow.com/reap/

– Target by Subdivision

Page 20: How to become the primary real estate professional for a local business or organization

Other Corporate Benefits Ideas

• Realtor Trade Organization– http://careeratnrc.com/

2013-nar-realtor-benefits-program/

– Offers Discounts on Avis, Hertz, Lowes, Sprint and More

Page 21: How to become the primary real estate professional for a local business or organization

Successful Elements• Powerpoint for HR dept• Website for signups• Social Media (marketing)• Press Releases• Network (Sphere of Influence)

– Trades (Home Cleaning, Painting, Lawn Care, Security, Plumber, etc)– Professionals (Attorneys, CPAs, Financial Advisors, etc)– Services Industries

• Food• Hotel• Local Area Attractions (to you)

• Follow Up System (Branded with Agent and Business)• YouTube Channel

Page 22: How to become the primary real estate professional for a local business or organization

Idea Behind CREB

• Entice transactions by offering an ethical bribe– Agents

• A percentage off of your real estate transaction in the form of money OR closing costs credits

• Other benefits could include travel vouchers– Mortgage

• A set number off your closing costs– Free Appraisal?– Money or % off origination fees– Up to a set amount gift card ($400)

– Everyone Else• Discounted Services (Flat fee or Percentage)

Page 23: How to become the primary real estate professional for a local business or organization

Idea Behind CREB

• Entice by offering an ethical bribe– Agents

– $1,000,000 Transaction– Assumes 3% Fees = $30,000 in fees– Cash Back Rebate (or Closing Costs Credit) =

$5,100 (17% of agents commission)

Page 24: How to become the primary real estate professional for a local business or organization

Idea Behind CREB

• Entice by offering an ethical bribe– Agents

– $199,200 Transaction– Assumes 3% Fees = $5,976 in fees– Cash Back Rebate (or Closing Costs Credit) = $1,015

(17% of agents commission)– Gross to Agent = $4,960– 10 More of these EVERY month = $49,600 monthly

Page 25: How to become the primary real estate professional for a local business or organization

Don’t Get Hung Up on the Rebate

• Common Misconception / Complaint– I am giving away my money

• We give away our money all the time– Referral Fees– Commissionectomies

Page 26: How to become the primary real estate professional for a local business or organization

Don’t Get Hung Up on the Rebate

• This is not the first time for CREB idea– Several companies do this

• HomeBenefitIQ.com (monthly fees)• Hero Home Source (monthly fees)• Redfin (discount brokerage)• VMG (Benefits4uprogram.com)

– Many More out there

Page 27: How to become the primary real estate professional for a local business or organization

Don’t Get Hung Up on the Rebate

• Choose Your Own Rebate– (Not all states allow a cash back rebate)

– Tiered System• 0 - $75,000 5%• 75 - $150K 10%• 150 – 300K 15%• 417 and up 17%

Page 28: How to become the primary real estate professional for a local business or organization

Closing

• Every Day– Agents and SMBs get calls for

• Lead Generation Services• Website and Social Media Marketing• Online and Offline Marketing• “Preferred Agent” Status• Listing Appointments Setting

– Why do Agents Spend Money• 1) A D D (which is a requirement for Sales)

Page 29: How to become the primary real estate professional for a local business or organization

Fear of the 500 # Phone

Page 30: How to become the primary real estate professional for a local business or organization

Fear of Rejection

Page 31: How to become the primary real estate professional for a local business or organization

Thursday’s Agenda

• Review of a CREB Website

• Letters and Other Lead Generating Ideas

• Expectations of Referral Partners

• Talking to HR depts and business

Page 32: How to become the primary real estate professional for a local business or organization

Next Week – HUD HOMES Trainings

• How to Market• What are HUD Homes• Little Known Programs

• Guest Speaker –• John Rainville –• HUD Listing Broker in

Pennsylvania

Page 33: How to become the primary real estate professional for a local business or organization
Page 34: How to become the primary real estate professional for a local business or organization

Contact

Chuck WardDirector of MarketingHead Trainer

Real Access ProChuck.ward ( at ) realaccesspro.com888-884-0303 x200


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