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Innovative Marketing Techniques for Buyer's Representatives |
| Course Credit: Counts as one REBAC elective course to be applied towards the ABR designation | |
| Course duration: 1 Day | |
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Innovative Marketing Techniques Course Objective |
One of the reasons why licensees fail or only achieve modest success is their inability to focus on the consumerís needs and to market their services accordingly. In the past, marketing courses have dealt with marketing the sellerís property as opposed to marketing to the buyer. Structured to inspire novel marketing approaches to create a personal ìbrand,î this course encourages students to look everywhere for differentiating marketing opportunities that grab the attention of buyers.
With buyer representation now in the mainstream of the real estate profession, this course addresses marketing for the buyerís representative with the buyerís interest in mind.
Module One will help you to:
Capitalize on the profile of todayís buyer
Identify that the real estate industry and consumer needs have changed and many of the old marketing methods will no longer work
Identify your market
Fish upstream with the right bait
At the end of Module Two, you will be able to:
Develop a foundation for determining your marketing strategy by analyzing the fundamentals of marketing
Identify the difference between horizontal and vertical marketing
Develop open house strategies
Use Direct Response Marketing
Create strategies for generating referrals from your sphere of influence, other agents, other professionals, and your company
At the end of Module Three, you will be able to:
Develop a mindset that services delivered by buyerís reps have great value and discuss how that value can be demonstrated
Generate new marketing ideas
Share ideas that work with other students
Develop a professional presentation
Differentiate yourself from your competition
In Module Four you will:
Demonstrate the importance of a counseling session with all buyers
Overcome agentís fears about buyer representation agreements
Develop skills in how to eliminate the unmotivated, unqualified and uncommitted buyer
In Module Five you will:
Generate new marketing ideas
Share ideas that work with other students
Show and tell buyer rep marketing ideas from around the country
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Innovative Marketing Techniques Course Outline |
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Module 1: Today's Home Buyer |
I. Who is Todayís Home Buyer?
ß Homes Buyers are Seeking Buyerís Representatives
ß Home Searching Facts
ß The Problems of Todayís Home Buyer
ß What Todayís Home Buyers Want
II. Where are the Buyers?
ß How are Buyers Finding Their Buyer Representatives?
III. Identifying your Market
ß Who / What is your market(s)?
ß Where is your market?
ß Why have you chosen these markets?
ß Do you relate to and understand your market?
ß What are your marketís trends?
ß Is your market renewable and expandable?
ß Are you measuring your marketing results?
IV. Fishing Upstream with the Right Bait
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Module 2: Determining Your Market Strategy |
I. The Nine Deadly Truths That Could Kill Your Business
II. Laws of Marketing
III. Horizontal Marketing
ß Open Houses
ß Yard Signs
ß Direct Response Marketing
IV. Vertical Marketing
ß Spheres of Influence (S.O.I.)
ß Agent to Agent Referrals
ß Other Professional Referral Sources
ß Company Orphans
ß Transaction Phase Marketing
V. Keeping and Being in Touch
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Module 3: Positioning Yourself |
I. Differentiate Yourself & Your Services
II. Can You Be The Best At Everything?
III. Unbundling the Transaction
ß The Time Value of You
IV. Image Building and Branding
ß Develop consistency and continuity
ß Whatís in a name?
ß A picture is worth a thousand words.
ß Uniqueness counts.
ß Taking aim.
ß ìItís better to be first than to be better.î
ß Internet Marketing
V. Retaining Memory Banks
ß Post transactional services
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Module 4: Marketing Opportunities in the Buyer Counseling Session |
I. Come into the Office
II. From Contact To Contract
ß Broader Survey Results
ß Counseling Session Goals
ß The Power In Words
III. The Interview
IV. The Top Three Agent Fears About Buyer Broker Agreements and How To Overcome Them
ß Exclusivity
ß Duration
ß Compensation
ß Twenty Questions to ìdifferentiateî yourself and seal the relationship.
ß Is it a ìgoî or ìno go?î
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Module 5: Marketing Tips and Ideas |
I. Horizontal Marketing
II. Vertical Marketing
III. Opportunities for ìDifferentiationî
IV.
Immediate Post-Transaction Marketing
End of Outline