25 Staging Tips To Win More Listings and Sell Listings For More

staging tips for realtors

One of the things I ran into when I first started really talking about staging houses with sellers was I discovered I could get a listing against a lot of agents who were better than me — when I say “better,” I mean who were bigger producers than me. This would happen because when they would talk about staging the house they would tell the seller, “Okay, you need to do this, you need to do this, you need to do this,” they would actually put off the seller. They would often make the seller mad because the seller felt the agent was coming in and telling them to spend all this money and do all this work, and the agent was trying to boss them around. They’re going, “This is my house, and I felt like they were coming in telling me they weren’t going to list the house or it wasn’t going to sell well if I didn’t do all this work and put all this money into it.” The seller actually took it personally and decided they didn’t like the agent. Of course, the agent was trying to help them get the property prepared in a way that really works.

Now, when I first started selling real estate back in the 1990s, staging was not nearly as important as it is today. In fact, when I first started selling real estate back in 1993, staging was not even something I was trained on. It was not something in the training I went through, and I was with one of the number one companies in the world and they never talked about staging, really.

Some things have changed in the last 15 years that have made a dramatic impact on the importance of staging a house and getting it really market-ready.

2 Things that Have Increased the Importance of Real Estate Home Staging

  1. Number one: Pinterest – Here’s the reality. Every lady, before she buys a house, she spends weeks, if not months, spending all of her free time looking at Pinterest pictures. They spend an hour at night sitting in bed looking at Pinterest, looking at all the cool pictures. What kind of pictures are they looking at? What kind of houses are they looking at? What kind of kitchens and bedrooms and master bathrooms are they looking at? They’re not looking at the fixers. They’re looking at the perfectly staged, perfectly designed, perfectly laid out, professionally decorated, perfect dream homes. Dream kitchens, dream closets, dream bathrooms, dream master bedrooms, dream backyards, dream front yards, dream flowerbeds. I mean, all of it is like, the dream, and that’s what they’re spoiled with. They’re like, “I want that! I want it!” It’s like a little kid. “I want that!”
  2. Number Two: HGTV – If you watch HGTV you will know most of the shows are on real estate, and most of them are about people taking and finding an ugly house and making it a beautiful house. When they’re done, they’re looking at this gorgeous home and it’s perfectly decked out. Everything’s up to date, everything’s modern, everything has custom, professional interior designers that have come in and made everything match, and it just looks fabulous. They spend all their time watching this, and so they get in their mind, “That’s the house that I want!”

Today, when you’re showing houses, if the house is ugly, it will still sell, but it sells for less because people say, “That’s a fixer,” and they want to get a big time discount if a house doesn’t show perfect.

A vacant house? Oh my goodness… Vacant houses, used to not be a big deal. But now, a vacant house looks unloved. It looks unlived in. It doesn’t feel like a home.

Because buyers are so used to seeing the pictures on Pinterest and on HGTV and on all the other places, social media and on the internet, because they’re so used to that, people have a higher expectation of what they want their new home to look like. All of a sudden, (maybe not all of a sudden, but over time), staging has become a critical part of, not only the high end but even of bread and butter homes… the better a house shows, the more like a model home it shows, the better off it’s going to sell and for a closer to premium price.

25 Staging Tips To Win More Listings and Sell Listings For More:

1) Grimy bathroom walls are a major red flag to buyers. Here is an easy way to get rid of surface mold: Mix a spray bottle with one part water and one part bleach. Just spray it on the wall, and watch the mold disappear. Give it a fresh coat of paint, and your grimy bathroom will go from red flag to red-hot.

2) Don’t replace a yucky shower door: Just scour it. A grimy glass shower door can really wash out your sale. Instead of replacing it, clean it with a mixture of one part muriatic acid and about 10 parts water. Scrub with steel wool. After wiping it down, reinstall the door and you’ll have a shower that’ll help you clean up at the open house.

3) Avoid dated tile by painting. Bathrooms sell houses, but dated tile in a bathroom doesn’t. A low-cost alternative to replacing the tile is to use paint. First coat the tiles with a high-adhesion primer. Next, brush on a special ceramic epoxy covering. For a fraction of the cost of new tile, you will have an up-to-date bathroom that brings in big bucks.

4) A master bedroom should appeal to both sexes. When you are selling, your master bedroom should appeal to buyers of both sexes. Get rid of features that seem too gender-specific. Paint the walls a neutral color, and choose bedding that matches. Then accessorize with items that complement the overall color scheme.

5) Do you have an overpowering brick fireplace that sticks out like a sore thumb? Here’s an easy way to tone it down with paint. Use a rag or brush to rub a light coat of paint on the bricks, one at a time. This will give them a new tone without covering them completely. And, if you use a paint color that matches the walls, your fireplace will go from sticking out to standing out. Updating an old fireplace screen is a cheap (and quick) fix. After removing the screen and wiping it down to get rid of the dust, mask off the windows so you won’t get paint on them. Then, using a can of heat-resistant spray paint, give the screen a facelift. Hold the can about 18 inches away, and use long, even strokes. For less than $5, you will have a fireplace screen that’ll keep your sale from going up in smoke.

6) Stain dated kitchen cabinets instead of replacing them. Dated kitchen cabinets can be a big turnoff to potential buyers. Instead of paying big bucks to replace them, just stain them. First, apply the stain in even strokes, going with the grain of the wood. Add some stylish hardware, and your kitchen will have the up-to-date look that buyers love, for less than $200.

7) Stainless-steel appliances are definitely in with buyers. Instead of buying a new dishwasher, here is a low-cost way to resurface an old one: First, remove the front panels, and clean them. Next, apply a stainless-steel stick-on covering, and cut it to size. For just $20 your dishwasher will go from outdated to ultra-modern.

8) Fill existing hardware holes instead of making new, unsightly ones. Removing old kitchen hardware can leave your cabinets with stripped-out holes. Here is a trick to reusing the existing ones. First, dip a toothpick in glue and place it in the stripped hole. Cut off the excess piece. Once the glue dries, you’ll be ready to put in the hardware that buyers love.

9) Save money on granite countertops. Granite countertops are a huge selling feature, but they can be expensive. Here are a few ways to save on this investment: First, do the demo yourself. Also, ask the vendor for remnants from previous projects. Remember, any money you spend will definitely be returned in the value these beautiful counters add to your kitchen.

10) New kitchen appliances bring high returns from sellers. Studies show that new kitchen appliances bring high returns from sellers, so get rid of old appliances that make the rest of the kitchen look dated. Once you install the new equipment, it will scream “new kitchen,” and you will see that spending a little money will make you even more.

11) Need to dress up a window but don’t want to shell out big bucks for window treatments? Here’s a trick: Use place mats. First, apply a hook-and-loop fastener to the place mats and attach them in a row to a basic curtain rod. Now that the place mats are attached to the curtain rods, pin them together at the bottom, and you’ll have a stylish valance that costs about $12.

12) Adding drama to old hardwood flooring is easier than you might think. First, isolate damaged boards, cut them out and replace them with new pieces. Rent a sander from a local hardware store, and give the floor a good sanding. The last step is to stain the boards with a rich color, and watch your floor go from drab to dramatic in no time.

13) Buyers love built-in bookshelves. There’s a fine line between filling them with clutter and staging them to sell. The trick is to arrange neutral items in clusters. Make sure that no single accessory stands out too much. That way, you’ll show off your attractive built-ins, and not your personal belongings.

14) Curb appeal is vital to attracting buyers. Here is how to stop traffic using color. First, with two tones of paint, add a faux finish to any corner keystones. Next, bring out the color of walkway pavers using a stone sealer. Plant flowers in bloom, and you’ll have buyers swarming like bees to your front door.

15) A nice outdoor deck can be a big selling feature, but an old one is a major liability. To give your outdoor space new life, first sand the wood. Cover it with a light-colored stain instead of paint to give it a rustic, grainy look. Furnish it for entertaining, and watch your open house turn into a party.

16) Breathe new life into a worn patio. Do you have a red-brick patio surface that needs to be freshened up? Here is an easy way to give it new life with paint. First, roll a light coat of paint onto the bricks. Next, lightly spray them with water and then dab them before they dry to give them an outdoor look. When you are done, you will have a patio that looks fresh and reels in buyers.

17) Staging rooms to show off their true potential is essential when selling your home. Clear out clutter or other personal items that will distract buyers. Paint the walls a neutral tone, and furnish the space to show off how functional it is. When buyers come through and imagine themselves there, you can bet an offer isn’t far behind.

18) A shabby wood-panel wall is not a strong selling point. Instead of ripping it out, cover it up. Use wood filler to carefully fill in all the cracks between the panels. Then, use a sponge to wipe away the excess filler. Once it’s dry, paint the room. You’ll see an unattractive wall go from standing out to blending in.

19) Use tape outlines on the floor instead of actually moving furniture around. Rearranging a room to stage it for your open house? Here is a tip to save time and effort: Instead of lugging the heavy furniture around the room to see what feels best, put outlines on the floor with painter’s tape. Arrange the room according to your outlines, and save your energy for counting offers.

20) Vinyl tile is an inexpensive way to update your home. Laying vinyl tile is an inexpensive way to update your home, but there’s a right way and a wrong way to do it. You need to avoid laying patterns that look too perfect. Instead, make sure to switch up the direction and placement of the tiles to mix the tones. That way, you end up with a floor that has a natural feel.

21) Stage rooms with one purpose so buyers will know what it is. Potential buyers are confused by extra rooms that have a mishmash of uses. To avoid this problem, first clear away clutter and excess furniture. Paint the walls a neutral tone and then furnish the room with a desk to stage it as a home office in which buyers will want to get down to business.

22) Unpleasant pet odors won’t win over buyers. We all love our pets, but unpleasant pet odors can make a negative first impression. Be sure to get rid of old carpet that can trap offensive smells. Replace it with fresh new carpet in a neutral color. Plus, if you paint the walls to match, your living room will look bigger. It’ll go from designed to smell to designed to sell.

23) Pack up unnecessary items and furniture before you show the house. An over packed living room is a red flag to buyers that your home lacks storage space. Pack up unnecessary items and furniture, and move items to your garage or a nearby storage facility. Clear the way for a sale by letting buyers see your square footage, not your personal belongings.

24) Storage space sells! Potential buyers love homes that have lots of storage space. Since they will open your closets, it’s a good idea to clear out unnecessary clutter, and organize your shelves to show off how much storage you really have. Plus, it gives you a chance to start packing, as you will definitely be moving once buyers see all that closet space.

25) Create a nice flow in your rooms. Buyers are attracted to homes that have a good flow. You can create circulation by replacing square or rectangular dining tables with round ones. Cutting the corners adds room to this maneuver and creates a spinoff effect that adds flow to your home — cash flow, that is. Create a better flow in the house by starting with the floor. Want to create better flow in your house? Start with the floor. Join two rooms together by using the most cost-efficient material in the book: vinyl tile. First, use a snap-line to create a center point between the two rooms. Next, the fun part: Peel and stick the new vinyl tile down, and watch your kitchen and dining room go from old to sold!

So there you have some easy and affordable ways to stage a listing and beat other agents to a listing and sell the listing for more. Take these tips and create your own staging booklet or report as a listing tool with sellers and beat out the competition and sell your listings for more. I dare ya!!

 

Strength and courage,
Wade

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Secrets To Growing Your Real Estate Business and Your Wealth

An amazing source for my business and income came from not only investing personally in real estate but having a core group of investors I could regularly promote investment opportunities to where the phone would ring asking me to show them the property and write up the offer. I would literally have people call saying “we heard you were the agent that knew where the investment opportunities were and they heard I actually invested in properties personally with my clients as well.”

My golden rule was never to buy something for myself before offering it to my investor clientele to ensure I never had the reputation of being the agent who picks up the best investment opportunities for themselves before their clients. I always let the clients know they will get the first opportunity with any property before I buy anything for myself and this was very important to my niche and reputation in the real estate investing market. I spent a chunk of my time looking for the buying and investing opportunities each day and throwing them out to the database of investors I had slowly built up over my career.

The bonus was some of my investment clients became personal friends and I offered to throw my fee into the property for a share in the property investment as well. We had a solicitor draft up a partnership agreement between all of us and when the client could see I was wanting to personally invest in the property then they knew this must be a great opportunity for them. Investment properties can be an absolute nightmare or a huge profit source. It’s your choice, based upon the amount of documentation and systems you implement.

Many top real estate agents also have a management division within their offices. This division is usually started and grows by helping investor clients, or it is necessary because of the properties the real estate agents own themselves. At some point, many top real estate agents might actually semi retire due to their portfolio of real estate holdings.

Being an “insider” allows you to horizontally integrate your business. Being a real estate agent and using “insider” secrets to invest allows you to utilize the tools you developed in putting together a great market niche. This new skill set allows another form of income to be cultivated from the real estate agent’s investors and investments. It is important the “insider” takes management seriously, whether for yourself or for your clients; therefore, I would like to share with you my…

Golden Rules of “insider” Investment Property Management:

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1. Attractive properties in quality neighborhoods, which create emotion, will attract a higher caliber of tenants, rent faster, and receive a higher rent.

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2. The right tenant will always pay more for the right property and take better care of the property. Just any tenant will always want to pay less for any property and cause damage to the property. DO NOT ACCEPT just any tenant!

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3. It is always better to have a vacancy than a bad tenant.

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4. No matter what your gut tells you about a tenant — never trust it. In fact, in real estate management, only trust your mother. Check all tenants records including banks, employment, last landlords, credit records, and any other systems that are available for you to determine the pain probability (and your profitability) of this tenant.

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5. Rent as if you were going to evict, and you probably will not have to.

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6. Courts almost always rule in favor of the person with the most written documents.

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7. Cut your losses early. Left to themselves, tenants usually go from bad to worse.

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8. Long-term leases may not allow you to participate in appreciating rental rates; however, they do cut down on the most expensive aspect of property management — turnover. Also, it makes a purchase through you the least costly alternative for a tenant who wants to end a lease early!

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9. Consider every tenant as a potential buyer. Having them commit to long-term leases and only letting them out of the lease at expiration date upon a successful purchase of a piece of real estate through you will add many dollars to your real estate brokerage business net profit.

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10. Please do not have preconceived ideas regarding how people of certain classes and ethnic backgrounds behave in your rental. I have had losers from all classes and winners from all classes. Only discriminate on the basis of their ability to pay and their references! No other prejudices should ever enter into the decision-making process. We understand this in real estate – carry it through to your management.

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11. Never rent to people unless you have seen where they currently live. I do not care if they are twelve states away. If you cannot send one of your real estate agent buddies out of your local referral directory to go visit their home, I would prefer that you did not rent to them. I guarantee that your property will look exactly like their current abode within three months.

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12. Minimize your expenses through preventative maintenance. It always adds value to the property. A property can be improved in many different ways. The improvement that adds value to the property is always the best. Band-Aids end up costing you more money and are usually always done by owners who have short-term ownership mentality. Since our “insider” real estate acquisition policy requires we own property long term, adding value and repairing items for the long term is the most profitable method to accomplish your goals.

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13. It will always cost you more to have someone else manage your property than if you would manage the property yourself.

Please be aware of the amount of money you make in your real estate business before you give up your real estate business time to manage properties. Property management companies can charge between 6-10% of gross rent to manage your property, and if you believe you would be spending time away from a more profitable business, i.e. real estate business, then you will need to make the decision whether or not you should hire a management company.

If you can hire someone within your own office to take care of the majority of the management duties, this would be a less expensive method. A good rule of thumb, when you own between 1 and 20 units, is for you to have a management company handle them for you while you make commission income. After 20 units, it usually makes sense for you to hire a full-time person to take care of most of the management duties.

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14. Having checklists and systems in your management business is paramount to making certain that all the “i’s” are dotted and “t’s” are crossed.

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Now that you understand some of the golden rules for “insider” property management consider the huge opportunity of adding real estate investment property and investors to your business this year and grow and expand your business. The greatest opportunity for all of us is to be investing in what we do and know and building our fortune by investing in real estate ourselves. My personal wealth came from investing in real estate personally and not serving over a hundred clients with buying and selling their real estate each year. I encourage you to expand in the real estate investor market and slowly build your own real estate investment portfolio starting now!

Strength and courage,
Wade

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Agent’s Guide to Writing a Business Plan

business plan real estate

Business Plan – a written document that describes in detail how a business, usually a new one, is going to achieve its goals. A business plan lays out a written plan from a marketing, financial and operational viewpoint.

FACT: LESS THAN 3% OF REAL ESTATE AGENTS HAVE A BUSINESS PLAN
FACT: ESTIMATED 3% OF REAL ESTATE AGENTS IN NORTH AMERICA DOING 97% OF BUSINESS

“If you fail to plan, you plan to fail.” Writing a business plan may seem a daunting task as there are so many moving parts and concepts to address. Take it one step at a time and be sure to schedule regular review (quarterly, semi-annually, or annually) of your plan to be sure you on are track to meet your goals. It is that time of year again when we begin to build our plan for 2017 and let’s look at the key areas of the agent’s solid business plan.

1) Defining Your Mission & Vision

Writing a solid business plan begins by defining your business’s mission and vision statement. Though creating such a statement may seem like fluff, it is an important exercise. The mission and vision statement sets the foundation upon which to launch your business. It is difficult to move forward successfully without first defining your business and the ideals under which your business operates. A company description should be included as a part of the mission and vision statement: what type of real estate do you sell? Where is your business located? Who founded your business? What is sets your business apart from your competitors?

2) SWOT Analysis

Once you’ve created a mission and vision statement, the next step is to develop a SWOT analysis. SWOT stands for “Strengths, Weaknesses, Opportunities, and Threats.” It is difficult to set goals for your business without first enumerating your business’s strengths and weaknesses, and the strengths and weaknesses of your competitors. Do you offer superior customer service as compared with your competitors? Do you specialize in a niche market? What experiences do you have that set you apart from your competitors? What are your competitors’ strengths? Where do you see the market already saturated, and where are there opportunities for expansion and growth?

3) Setting Goals

Next, translate your mission and vision into tangible goals. If your mission statement is to make every client feel like your most important client: how specifically will you implement this? Do you want to grow your business? Is this growth measured by gross revenue, profit, personnel, or physical office space? How much growth do you aim for annually? What specific targets will you strive to hit annually in the next few years?

4) Marketing Plan

You may wish to create a marketing plan as either a section of your business plan or as an addendum. The Marketing Mix concerns product, price, place and promotion. What is your product? How does your price distinguish you from your competitors—is it industry average, upper quartile, or lower quartile? How does your pricing strategy benefit your clients? How and where will you promote your services? What types of promotions will you advertise? Will you ask clients for referrals or use coupons? Which channels will you use to place your marketing message?

5) Forming a Team

Ensuring the cooperation of all colleagues, supervisors, and service providers involved in your plan is another important element to consider. Is your business plan’s success contingent upon the cooperation of your colleagues? If so, what specifically do you need them to do? How will you evaluate their participation? Are they on-board with the role you have assigned them? How will you get “buy in” from these individuals?

6) Implementation & Follow-up

Implementation and follow-up are frequently overlooked aspects to the business plan, yet enormously vital to the success of the plan. Set dates (annually, semi-annually, quarterly, or monthly) to review your business plans goals: are you on track? Were the goals reasonable to achieve, impossible, or too easy? How do you measure success—is it by revenue, profit, or number of transactions?

And last, how do you plan to implement your business plan’s goals? When will you review and refine your business plan goals? What process will you use to review your goals? What types of quantitative and qualitative data will you collect and use to measure your success? So there you have it your guide to building your 2017 business plan. Click here to download your Click here to download your free 2017 business plan template and make 2017 your best year in real estate!

 

Strength and courage,
Wade

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Hey Agents Have You Ever Googled Yourself?

Agent Google SearchI am often reminded of the importance (if you have never done it before), of googling yourself. Actually sit down, open up google and search your name on google and look at what you see or worse, what you don’t see.

So let me ask you a question. When you google yourself, how do you rank?

When you google yourself, what else came up during your search? Anything? Nothing?

When I google myself I gratefully rank on the whole first page of the search but I found a solar company by the name “Wade Solar” and a judge in the mid-west with the name “Wade” in the search.

Wade_Webb_Google

Now more importantly, how many results were about your business and would they make you want to work with you if you were a buyer or seller looking for an agent online? In February of this year, Inman reported that businesses with 10 or more reviews get 3.5x the attention and 6.5x the inquiries. Client reviews and testimonials help boost your incredibility with leads like crazy. They also help boost your credibility with Google.

So, if you’re not getting the results you want when you Google yourself and your business, that means Google doesn’t quite trust you yet. There are really only 3 ways to get traffic to your real estate website (Ads, SEO, and Social). This week we’re going to explore how your social media pages can help you rank better and higher in Google searches.

While Google may or may not use signals on Facebook or Twitter such as the number of followers you have to boost your placement, it’s clear that each platform still ranks and ranks well, at least for broad searches. If your content performs well and is widely shared, it can help drive more traffic and qualified leads your way for years to come. But let’s get back to social media. Social profiles are often among the top results in search listings for individuals and brand names. While your Pinterest page may not have the same impact as a 5-star Yelp review, it’s still a great place to start.

Think about it. If a lead only knows your name, they may start with that as a way to find out more about you and let’s be real – social media platforms are becoming just as much of a search engine as Google is. It’s likely future clients are going to want to learn more about you and the quickest way to connect is through social networks. If you’ve got a stellar Pinterest presence with several well-crafted boards full of useful information and a decent number of followers, you’re well on your way to making a great first impression and achieving your goal of gaining trust with your viewers and Google.

Whether you’re active on two or 12 social sites, here are a few practices that will easily increase your SEO and help push you to the first page of Google. Whether you have 100 or 100,000 followers on any given network, the way in which they engage with you will help establish you as a credible source. Growing your follower base is one way to do this, but they’ve got to be high-quality fans. What does this mean?

Well, for one, that they’re not bought. Buying Likes/followers will do absolutely nothing for you. Do Not Buy Fans. It’s not worth it and will ultimately decrease your chances of ranking on Google. As I said before though, there’s still a lot of conversation happening around whether your sheer number of followers even influences your Google ranking and whether it does or it doesn’t, how you interact with your audience totally matters. When thinking about increasing your reach, I want you to keep these three words in mind – Resonate, Relevant and Reach… let’s quickly break these down.

The way you will resonate with your target audience is by producing relevant content and these two things will increase your reach. Listen to what your viewers are saying. This could be one person or 10. It doesn’t matter. Because if you can help one person solve a problem, chances are there are many more people looking for answers to the same question. Help them solve it to increase your reach.

Optimize Your Posts – Again, this all comes back to content. To make the most of your updates, make sure you’re sharing strong, valuable content consistently. A detailed blog post, video or infographic will help you accomplish this the fastest. Make sure to also say something about the content you’re sharing in the post description and try and include a keyword or term relevant to that search.

You can also focus on optimizing your posts for your local community and having them show up in big search engines. Hint: This is how you can start to compete with portal giants such as Zillow and Truila. It is impossible for you to be a local expert like them, so get out there and make it happen. An easy way to get started on this, aside from making sure your actual profile is up-to-date with your location and services..etc., is to engage other local players. Try Googling “best pizza (your area)” and see what comes up.

Best_Pizza

Choose the top 3 and then check out their social media profiles. Try out each one for lunch or dinner over the next few weeks and write your own guide for newcomers. You can then tag each place across social media and begin engaging them on a more regular basis.

Whether you work with a team or are a one-agent show, you are your brand. The best way you can increase your brand awareness and authority is by publishing quality content regularly. Your online reputation is essentially built upon your social media presence. In order to generate and maintain a credible image, you’ve got to keep active. Your social media presence, though important, is really just a way to give you more visibility online and drive traffic to your site. That’s where the real action happens.

Strength and courage,
Wade

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What Are The Best Agent Transaction Tools?

bes real estate tools

The transaction tools available for agents today have changed the way the real estate transaction gets done: “There’s no more signing deals on the hood of the car. Now you see a home, and the agent writes the offer on the spot, it gets sent to the client’s phone, who signs it, and it’s emailed to the other side. It can be close to immediate if you have your tools properly set up. And no more carbon copies or faxes.” Agents have no doubt that transaction tools have made their lives more efficient and technology has enabled them to do more deals.

However, agents still have a long wish list of how the transaction process could be improved, and they would like to see their chosen software interact better with the software preferences of others. Of those currently on offer, the most commonly used transaction tools are:

  • DocuSign – “DocuSign is convenient, easy to use, provides date and time stamps and is easy to forward to all parties involved in the transaction,” said one high-performing agent. Added another: “DocuSign is the only one I couldn’t live without; I could replace the others easily.”
  • dotloop – Dotloop, meanwhile, makes it easy to connect to everyone, said one agent: “In the office, at the listing, with a buyer at the chosen home, on the road or home at the lake. With the clients, the other agent, the attorney, the bank, the admin and the broker.” Added another broker: “Dotloop is absolutely the best tool out there. It saves me time daily, has a mobile version, is easy for clients, easy to manipulate, add, change, edit, initiate, it’s simple, effective and just overall the best tool of my business.”
  • zipLogix – zipForm®, by zipLogix, is a powerful easy-to-use real estate forms software program that has been helping real estate offices across the country.
  • Top Producer – Give your clients a complete, end-to-end buying and selling experience by adding Reesio transaction management to your systems.
  • TransactionDesk – A secure online forms platform and document storage system. The service includes online … hich includes InstanetForms, Authentisign and DocBox, among others.
  • SkySlope – SkySlope is a simple cloud based Real Estate Transaction Management software.
Also mentioned BackAgent, Nekst, appFiles, HelloSign, Realvolve, BoomTown, Brivity, Todoist, Referralmaker by Buffini and eEdge as part of their software solution.
 

For many real estate professionals, the challenge is finding the right suite of tools that will integrate well. “ZipLogix and DocuSign are just tools of the transaction, but managing it requires communications with client and date tracking, which Realvolve does.”

AppFiles was rated highly by some as it will do the job of all other systems for a large team. AppFiles is an extremely robust paperless office system that allows for all the features provided by the other platforms and more things they don’t provide. It is perfect for true real-time collaboration and support of a dispersed sales force. Basically, it is a one-stop-shop.

AOSdates is the go-to for one well-organized and successful agent. AOSdates creates a complete timeline of the transaction that gets emailed out to all the parties involved in the transaction. It also keeps both my clients and myself informed on the progression of the transaction with automatic email reminders so nothing slips through the cracks.”

For e-signature software,  HelloSign is the easiest, most user-friendly, intuitive e-signature software out there. I never get frustrated, it always works. Some consumers way prefer it to DocuSign or DigiSign.

Agents are still looking for the magic combination. A large number of successful agents in the industry are using Form Simplicity, but wants to bring in more. Agents are still in the search for an end-to-end CRM solution. They all have bits and pieces but nothing that integrates my contacts, calendars, phone calls, texts and so on. We have to kind of manually enter everything.

So there you have it. I would love to hear what all of you are using and find that all in one solution for our readers and followers.

Strength and courage,
Wade

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It’s Your Time

its your time

I had the privilege of attending a mentor and friend Tom Ferry at his summit the past week and something just resonated from his event I just had to share. For more than two decades I have seen so much disbelief with agents about this industry. So many REALTORS are thinking and saying to themselves there has got to be some easier way to be more successful in the real estate business, but the reality is, if there was an easier way then myself or someone else would be selling it.

To put it bluntly, all this disbelief just creates a story in your head and all these stories end up creating fear and justify why you don’t as an agent exercise your greatness and get into your own greatness. So the question you need to ask ourselves is “can I commit to being the greatness I was created to be” and then commit to being all in with everything in your business and life?

Can I commit with no apology or not care about what other people think of me because what other people think of me does not pay my bills but what does pay my bills is me going out against me and being as ambitious as I can and exercising every day to getting into my greatness and swinging for the fences.

How many areas of your life are you stuck? How many big decisions are you sitting on that are causing you loss of quality time, greater income or freedom to be who you truly are, or go out and do the things you want to do? We get stuck in indecision and in that moment we are all trapped in fear. Being stuck in your head and when you are in your head you are dead and there is no power!

Try to remember a time in your career where you saw the fear but you acted anyway? We have all been there before when we said “I am going for it anyway” and acted. One of two things happen when we step out despite our fears…

  1. We succeed. Remember these times often and spend some time reliving them and allowing yourself to enjoy the feelings of excitement, pride and accomplishment for your courage and power to take action. Recollecting these moments remind you that you have what it takes to once again step out through your fears in the here and now.
  2. We don’t succeed or we get shut down or rejected. In these moments it’s important to see although our plan maybe didn’t carry out as hoped we still succeeded in overcoming our fear and stepping into our power which is a huge success regardless how the plan turned out. Keep telling yourself unconsciously “I did it” and put yourself out there, took a little risk and that compound effect of putting yourself out there over and over again will bring you to the place where you wake up one day and you’re fearless!

The decision starts now. In the moment you decide to be fearless is when everything really starts and you begin working that muscle by making small (yet powerful) adjustments to your life and to your business. That muscle begins to get stronger and you become more confident to the point where you say to yourself “wait a minute… had I known this I would have made this decision a long time ago.”

This is your life, this is your time, you need to decide if you are going to choose to continue living in fear and in your head or are am you going to step up and be fearless and make that life altering choice? The decision is yours!

Strength and courage,
Wade

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Want to Know How to Get a 1085% Return On Your Real Estate Database?

Harness the Power of Relationship Marketing as a REALTOR

maximize power of real estate databaseBefore we dive into the power of your real estate database and how to extract said power into building your business, I want to give credit for this post’s inspiration to Vancouver, B.C. agent Keith Roy and his presentation I attended this June.

Keith wanted to remind us of the importance of our database, sphere of influence and show us how much business is sitting there waiting to be tapped into by taking action.

Not just “any action” but specific… intentional… consistent action

The point is to really deepen our relationship and value with each person in our database.

This high touch approach has generated 40 deals a year and from a list of only 180 people… you got to like a consistent 22% conversion rate.

We all have heard the comment that clients never hear from their real estate agent after they buy or sell. N.A.R. the National Association Of Realtors reports around 4 out of 5 clients would use their real estate agent again but don’t because the agent has never kept in touch and never really had a relationship with them.

It amazes me the amount of time, money and effort we all spend in finding buyers and sellers but the more amazing part is the lack of time, money and effort we spend to keep them as clients and deepen our relationships with them and build them into advocates of our real estate business.

Your Goal for Your Real Estate Database – Be Insisted… Not Just Recommended

Insisted? Recommended? There is a difference!

Would you rather have a client tell a friend “Hey you should give “Jack Realtor” a call, I recommend him” OR

“Listen you absolutely have to call “Jack Realtor”, he is the best… bar none. In fact I insist… here’s his number, give him a call”

The former is typical. The latter is more than possible but not usual because most REALTORS don’t do the work to build that loyalty.

Want to know how? Thought you’d never ask…

Introducing the 96 Touch System for a 1085% Return on Your Real Estate Database

The system starts with a plan and a calendar. Jim Rohn said “finish your week before it begins.” For this type of system to be effective and have the return you are looking for, start by taking out your calendar and let’s begin planning the balance of your 2014 and building for a boost in your business for 2015!

Schedule in your calendar…

Once a month Newsletter (Snail Mail)

  • Once a month Real Estate Newsletter plus Statistics Update

Once a Month Email Touches

  • Once a month Facebook Business Page Update
  • Bi Weekly – E Reports
  • Bi Weekly – Motivational Quote Post Cards

Quarterly Phone Call Touch

  • Schedule a quarterly phone call to touch base, say “hi” and ask if they need anything.

Personal Touch Contacts (Physical Card in the Mail)

  • Annually – Birthday Cards
  • Annually – Home Anniversary Cards
  • Annually – New Baby Gifts
  • Annually – Wedding Anniversary Cards

Monthly “Top of Mind” Contact

  • January – “Property Tax Assessment Appeal Kit” and “My Best Year Ever Letter” (Click Here to Get a Free Copy of My Best Year Ever Letter and Property Tax Assessment Appeal Kit)
  • February – CMA’s and Calls
  • March – Spring Pop By Gifts (drop in on your clients with a small gift)
  • April – Client Appreciation Party Movie
  • May – Mother’s Day (flower voucher)
  • June – Father’s Day Card (donation)
  • July – Summer Pop By Gifts (drop in on your clients with a small gift)
  • August – Client Appreciation Party BBQ
  • September – CMA’s and Calls
  • October – Home Show Tickets with Referral Request Letter
  • November – Client Seminar Event (Guest Presenter)
  • December – Calendars and Poinsettia’s

Now before you panic about “how the heck you’ll ever have time to do all of this”, when you break it down most of this can be setup once using an autoresponder email scheduling feature. Many of the other “touches” can be mass produced and virtually all of it outside of the personal calls can be outsourced or passed onto an assistant.

Keith told me he invests about $150 per person per year which totals about $27,000 annually but this investment in his real estate database creates a return of $320,000 in gross commissions. Anyone here interested in investing 27k for a 320k return? There’s your 1085% ROI

Seeing these numbers… For the few hours it will take each year to personally reach out to everyone in your real estate database 96 times each year can you think of any other single activity that will give you a greater short and long term ROI on your business as a REALTOR?

Now this is just a template for you to set out a plan that would easily allow you to touch your database at least 96 times a year and add value to them and their lives. I know this has been a tremendous system for both Keith’s and my own business and it can be for you as well.

Thanks so much to Keith Roy for the inspiration and for sharing his actual plan and wish you all tremendous success with your relationship marketing strategy moving forward in 2014 and even 2015.

Wanted to close with this story… With my own business and multiple touch system for my database I always loved those magical telephone call moments when someone would call out of the blue and say “Hi Wade it is so and so calling.”…

“We just received your great newsletter, like you’ve always sent for so many years and we have decided it is time to sell and would love it if you would come over and list our home, would you be able to do that?”

I would then smile and give a little fist pump and think how glad I was for implementing a system with my database.

Do you think this type of call from your clients would ever get old no matter how many years you have been in the business?

Click here to check out Keith’s site and see a bit more of what he’s up to… while you’re there drop him a “Thank-you” for sharing his killer system with us.

Strength and Courage,

Wade

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Real Estate the Disney Way… Create Your Own Magic

Improve Your Real Estate Business by Learning From the Best…

real estate like Disney“I believe in being an innovator”
~ Walt Disney ~

My wife recently bought me 2 books about Disney, the amazing organization it has become and all the things that make it so incredible.

I thought to myself what could we do in real estate to be more like Disney? How many of us still remember the first time they visited a Disney theme park? They proudly proclaim it is the “happiest place on earth.” You enter the magical kingdom and the show runs all day and night like clockwork.

I will never forget the time I stayed on a Disney property in Florida and asked for a wake up call. This was like no other wake up call. I answer the phone out of a dead sleep and on the other end I hear. ..

“Good morning Mr. Webb this is your 6 am wake up call. Today’s date is ……… and the forecast for today in Florida is partly cloudy and 76F and we hope you have a magical day!”…

I kind of chuckle, smile and reply… “you have a magical day too, thank you.”

Disney’s success comes from so many different angles but 2 things that really resonate with me are…

  1. They are so good at what they do and they clearly know, what it is they do.
  2. Disney is in the “show business”. Their staff are not employees they are “Cast members” of the show and we are not customers but “guests” in their show and more importantly they still remember to treat it all as a business.

Like Disney are you a real estate agent that is really good at what you do and are you clear about what it is you do?

We are in the “service business” and serve people with their single largest asset in life, buying and selling a home. How many of us treat what we do like a business? A multi-million dollar service business?

I love some of the philosophies Disney has like “the guest is not always right but we allow them to be wrong with respect.”

Are we allowing our real estate clients to be wrong with respect?

They believe the greatest gift any of their guests can give the organization is “Feedback.” They know sometimes things can’t always go magically. I find it amazing how little feedback their is in real estate.

How do you grow, get better and improve?

How do you take a negative experience and turn it into a positive one?

Disney, if you notice, always places their feedback customer service offices at the front of every one of their parks to encourage the guests to share with them.

My question for real estate agents is… “where’s is yours”?

Do you take the time to ask for that important feedback?

Disney shares that all their success begins with creativity. They have a belief in their organization that everyone in the company is creative. They know everyone’s ideas are what separate our identity.

Walt said “you just never know where our best idea will come from next.” Disney believes that creativity is all about risks.

Innovative risks…

Are you taking innovative risks in your real estate business or just playing it safe? Are you looking for people to share new ideas for you and your business?

Disney’s creativity comes from what they call the “imagineering process”. They have 1,000 imagineers working for them in 140 different disciplines all coming up with new and innovative ideas.

One of the simple exercises you can do in your real estate business (like Disney) is a blue sky brainstorm exercise they call “yes, and…. game.”

Prior to any meeting in their company for the first 10 minutes the word “NO” cannot be said. Anything goes. Share any ideas of what they can do better to WOW and AWE their guests.

What could doing this exercise once in a while do for you and your real estate business this year?

I know myself, how difficult it is to take the time in my business to just sit and be creative. To take the time to collect ideas of making my business and the real estate service experience better. Disney believes this comes from 5 things in their business.

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1) Passion for their Purpose. They love to make magical memories for others. Do you?
2) Core values and sharing their values with their guests. What are your core values? Do your clients know them?
3) Communication flows freely. There can never be enough communication. When things are slow are you still
communicating to your real estate clients?
4) Trust. The #1 reason they leave is they can’t trust you. Are you actively building trust with your clients?
5) Variety of perspectives. Consider and welcome all ideas, don’t shut them down.

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The key to Disney success is the continuous improvement in the small little things, constant small tweaks of making what they do already, just a little better. All it is for them is just filling in the gaps.

Their mantra is “if it’s not broke then just make it better.”

I encourage you to take the time to work on the small things and create an even more magical real estate experience than you already do.

If it can work for Disney, then it can work for you.

Strength and courage,

Wade

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