Real Estate Pro - Want to close more leads? Answer the phone.

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© Copyright Ifbyphone, Inc. 2011 Want To Close That Lead? Answer The Phone! Irv Shapiro, CEO Ifbyphone

description

Are you a real estate broker? Learn how Ifbyphone and the National Association of REALTORS® are helping your agents close more deals. Contacting leads if half the battle... The odds of contacting leads increases by 100x within five minutes versus thirty minutes. The odds of qualifying leads increases by 21x within five minutes versus thirty minutes. 93% of consumers consider REALTOR response time very important.

Transcript of Real Estate Pro - Want to close more leads? Answer the phone.

Page 1: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

Want To Close That Lead?Answer The Phone!

Irv Shapiro, CEO Ifbyphone

Page 2: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

“Answering The Phone Is Not Sexy…

Being Online Is Fruitless If We Don’t Pick Up The Phone.”

Missy Caulk, AGBeat Contributor and

Associate Broker Keller Williams Ann Arbor

Page 3: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

LeadResponse

Problem #1

Page 4: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

The odds of contacting leadsincreases by 100x within

5 minutes versus 30 minutes

Contacting Leads is Half the Battle…

The odds of qualifying leadsincreases by 21x within5 minutes versus 30 minutes

100

times!

21

times!

InsideSales.com Research andAnalytics Division (2011)

Page 5: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

23 percent of leads that received call backs… received them on average 8 hours after

PCMS Consulting and One Cavo Study (2011)

Talking to Leads is the Other Half…

48 percent of agents do not respond to Internet leads

48

percent!

8hourslater!

Page 6: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

Percent of consumers who consider REALTOR®response time important

Homebuyers Want You to Call

Today’s Internet consumer is expecting a response… within 15 or 20 minutes3

1California Association of REALTORS study, 20082NAR 2010 Profile of Home Buyers and Sellers 3PCMS Consulting and One Cavo Study (2011)

86%extremelyimportant1

93%very

important2

Page 7: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

Existing SolutionsDo these work?

Page 8: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

Call CentersDo these work?

Page 9: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

Respond Wherever You Are

Connect immediately with leads while they are engaged.

“I have a web lead interested in finding a new

home. Would you like to call them?”

Page 10: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

Homebuyers who only interviewed

one real estate agent

A Quick Reminder,Lead Response Is Important

64percent!

NAR 2010 Profile of Home Buyers and Sellers

Page 11: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

$AdTracking

Problem #2

Page 12: Real Estate Pro - Want to close more leads? Answer the phone.

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How Much Advertising is Enough?

Page 13: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

The Marketing Mix Is Expensive

for a single ad

90$

for a sign50$

for one month

1 0$ 5

Page 14: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

$4,700!x 10 (listings per year)

-------

$270 (three paper ads per listing)

$50 (one sign)

$150 (one month online)

$470-------

Advertising Adds Up!

Do the ads even perform?

Page 15: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

A GapExists

Marketing thatAGENTS believe in

EMAIL

67%

INTERN

ET

65%

SIGN

AGE

63%

Marketing thatSELLERS insist on

NEW

SPAP

ERS

91%

FLYE

RS

83%

DIRE

CT M

AIL

74%

Page 16: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

PCMS Consulting and One Cavo Study (2011)

Call Tracking

Unique numbers in online, newspaper, direct mail, and other ads. Focus dollars on what really works.

“I have a caller who saw an ad in the Daily about

123 Main Street.”

Page 17: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

10 percent increase in click-through rates for PPC as with a phone number

1http://www.adinsight.eu/media/AdInsight-Brochure-Web.pdf2http://searchenginewatch.com/3640463

Call Tracking Performs

43 percent of all search-related conversions happen over the phone

43

percent!

10

percent!

Page 18: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

Thank You!

I realized Ifbyphone gave me all the characteristics I was looking for, quality call tracking, an easy user interface with excellent reporting, and an affordable price.

Brad Nelson, Premier/Signature Sotheby’s International Realty

Our real estate client is clamoring for ideas on where else we can use Ifbyphone’s technology. We keep uncovering delightful new ways to leverage Ifbyphone to improve measurability and business results.

Tresa Veitia

Founder, InkTank

Page 19: Real Estate Pro - Want to close more leads? Answer the phone.

© Copyright Ifbyphone, Inc. 2011

Questions