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Real Estate Pro - Want to close more leads? Answer the phone.
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Transcript of 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
© 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
© Copyright Ifbyphone, Inc. 2011
LeadResponse
Problem #1
© 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)
© 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!
© 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
© Copyright Ifbyphone, Inc. 2011
Existing SolutionsDo these work?
© Copyright Ifbyphone, Inc. 2011
Call CentersDo these work?
© 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?”
© 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
© Copyright Ifbyphone, Inc. 2011
$AdTracking
Problem #2
© Copyright Ifbyphone, Inc. 2011
How Much Advertising is Enough?
© Copyright Ifbyphone, Inc. 2011
The Marketing Mix Is Expensive
for a single ad
90$
for a sign50$
for one month
1 0$ 5
© 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?
© Copyright Ifbyphone, Inc. 2011
A GapExists
Marketing thatAGENTS believe in
67%
INTERN
ET
65%
SIGN
AGE
63%
Marketing thatSELLERS insist on
NEW
SPAP
ERS
91%
FLYE
RS
83%
DIRE
CT M
AIL
74%
© 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.”
© 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!
© 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
© Copyright Ifbyphone, Inc. 2011
Questions