Saturday, November 14, 2020

5 Fun Ways To Build Winning Real Estate Team Chemistry


As a broker, it may often feel as though you have a to-do list that is a mile long and always growing. Sometimes this can lead to neglecting things which may not be as urgent, but which are equally important and integral to the big picture of your brokerage’s success. For many brokers, team building exercises are one of those things that typically falls through the cracks. Brokers may view their agents as silos who mostly work independently or for whom such comradery has limited value. As everyone knows, growing a brokerage has constant challenges related to recruitment and retention. The fact is that team building activities are beneficial to you, your agents, and your overall mission of growth. So finding a way to incorporate these activities can be an investment in achieving that.

Here are a few of the benefits you can expect when you choose to engage in regular team building exercises:

  • Creation of a positive work environment.
  • Increased loyalty which means a decrease in expensive turnover of your agents.
  • A team that is more supportive of helping one another grow and be successful.
  • Buzz on the street about how engaged your brokerage is in supporting its agents.
  • A team that is more engaged and more productive.
  • Enhanced problem-solving skills and creativity shared among your agents.

According to research conducted during Gallup’s State of the American Workplace Survey, having a good friend at work can boost one’s engagement level by up to 50%. (1) Team building helps to foster those relationships. Here are five ways to build winning chemistry amongst your agents through team building exercises.

Team Building Exercise 1 – Share The Mission Of Your Brokerage

Of course, everyone working in real estate is hoping to make a good living at it. Selling lots of big homes, being a million dollar agent is the dream of every serious real estate agent. But your mission as a broker and the person responsible for helping achieve this has to be better than just “make a lot of money”. Helping people buy the home of their dreams is a tremendously positive and impactful service you provide. Your mission statement should reflect this.  It should be formal, and it should be a collaborative effort between you and your team that you revisit periodically. It should include things like how you will present yourself to clients and the community, how you will treat your clients and partners, and how you will delight and exceed expectations at every step of the process. A jointly developed, “feel good” mission for your brokerage creates team cohesion around a common set of principles beyond “make a lot of money”. Print it and post it proudly in your office.

Team Building Exercise 2 – Develop And Incentivize Mentor Relationships

As agents are new to real estate and new to your team, they are usually in search of guidance and support from more seasoned agents that can show them the ropes. As a broker, your success derives from your agents continuously growing both personally and professionally so that they can close more deals. The larger you grow, the less time you will have to be able to offer that coaching to your agents on a one-on-one basis. Mentorships are valuable among your agents as it will save you from having to mentor each member of the team yourself individually. Develop a program in which more successful and experienced agents mentor new team members, welcome them, and help them become acclimated to your policies, practices, and strategies.

Team Building Exercise 3 – Have Weekly Meetings and Awards

Even if you believe in fostering a strong sense of independence in your agents, it is wise to keep all of them grounded to your overall success as a team. One way to do this is to bring the team together regularly for a fun, open discussion with some monetary reward and recognition for significant achievements. You may want to present them with fun certificates for them to display in their offices, as well as, gift cards or cash. Holding these meetings puts you out front as their leader and keeps you connected to the team in a more personal, fun way. Plus, the positive incentive will further reinforce your agents’ productions levels and loyalty.

Team Building Exercise 4 – Sponsor Non-Sales Group Activities

Of course, sales are a top priority to both your agents and to you as their broker. Without sales, nobody eats. However, bonding together as a team should not always revolve around driving more sales. One way that you can encourage more engagement amongst your agents is to sponsor non-sales activities. Ideally, you would do this for teams that achieve something significant such as attracting the most new agents to the team, developing a new streamlining process, closing the most sales for the period, or successfully incorporating a new technology. When you do this, other teams within your brokerage will take note that you are supportive of such healthy practices and become motivated to work harder themselves.

Team Building Exercise 5 – Become Volunteers and Role Models

In addition to creating a positive public image for your brokerage, your agents working together for a greater good is a powerful shared experience. Try to choose a cause that is meaningful to your agents, and in line with your brokerage’s values, to increase their engagement and participation. If you hold monthly meetings, present your agents with two or three options that are all aligned with your mission and will require your team to work together cohesively to move the needle forward for the cause. Then have them vote on the cause that they would prefer to support. Send out reminders leading up to the event and generate additional interest on social media. Following each charitable event, be sure to thank your agents, share the difference that they made, and highlight the importance of working together as community role models, not just real estate professionals.

A Worthwhile Investment In Your Growth

Some of these team building exercises are easy and simple to do, while others require more time to plan. Whatever time you can spend here however, is well worth the investment. As your team grows stronger together, your brokerage will become a place everyone wants to be a part of, and no one wants to leave.

At Weichert, we offer support to our affiliates so they can accomplish many of these types of activities and strengthen their brokerages. National and regional Awards & Recognition programs, workshops and conferences, inspiration and public relations support for community involvement and one-on-one coaching to develop solid recruiting and retention programs are just some of the many things we provide. Ours is a people-first philosophy based on building and cultivating relationships, whether it’s a client or an associate.

For more information on how to support your team for growth and continue to move forward, call 877-746-8807 or visit weichertfranchise.com.

Originally posted https://www.weichertfranchise.com/blog/5-fun-ways-to-build-winning-real-estate-team-chemistry/

Tuesday, June 30, 2020

With New Graduates Entering the Workforce, Don’t Forget About Gen Z!

With New Graduates Entering the Workforce, Don’t Forget About Gen Z!

As a real estate broker, it is vital that you always keep your eyes forward in order to continuously attract new up-and-coming talent. In the last few years, much of the conversation around recruitment has been focused on Millennials because of their unique characteristics and the fact that they are currently the largest generation. However, Generation Z is entering the workforce right on their heels. Generation Z is those born in the mid-nineties through 2015, and are now between the ages of 6 and 24. As a savvy, forward-looking broker, you need to understand what makes them tick and what role they can play in your brokerage, too.

What Gen Z Agents Will Bring To Your Brokerage

The generation following Millennials has its own list of unique traits and it’s a good idea to understand them, especially as you may find more and more of them joining the ranks of the working class and becoming members of your brokerage team:
  1. They’re Very, Very Tech-Savvy
If you think that Millennials know all there is to know about technology, watch out because this generation is even more immersed. While Millennials grew up during the emergence and development of the internet and social media, this generation was born with it. Obviously, there is no replacement for valuable one-on-one interactions and relationship development. However, it is still important to have tech-savvy skills that will empower your marketing, brand, and ability to stay in touch in an efficient and cost-effective way. If you are feeling lost with the newest elements of technology and social media portals, any Gen Z’s you hire are sure to be able to help navigate.
  1. They’re Pumped Up
Not enough can be said for the value of an agent that brings energy and enthusiasm to the table. Those two assets are particularly strong within Generation Z. As their broker, you can expect them to be eager to learn from and listen to you, which helps compensate for their lack of experience. Look at these agents as being more pliable and willing to adopt your approach to real estate selling, while bringing new knowledge and ideas to you and your team, which will position you well for continued growth.
  1. They Mesh Well with Millennials
As you already know, Millennials now make up the largest population of buyers, sellers, tenants, and even workforce. Therefore, it’s important to build a team that can bond with, relate to, and ultimately attract, Millennials. Generation Z grew up in a very similar way to Millennials, so they have a deeper understanding of how they think, what they want, what they hate, and how they communicate.

What Will Attract Gen Z Agents To Your Brokerage?

It is one thing to understand the value Generation Z agents can bring to your brokerage, it is something else entirely to know what your brokerage needs to offer to attract them. Here are some tips from the experts at Weichert on how it is done.
Education And Resources
Since they will be the least experienced generation, they will be eager to learn from you. They see education as a way for them to move up in their career and the world. The more tools, resources, and education you can supply them with to shorten their learning curve, the more they will value you. Incidentally, one of the great things about partnering with a brand like Weichert is tools, training and systems available to you on Day 1 of your affiliation. No need to grow your own; between our incredible brokerage/agent technology platform and our coaching, training and online university, brokers and their Gen Z agents will feel supported like never before.
Balance Between Freedom & Stability
Since they are new to their professional career, Gen Z will find comfort in a broker that provides them with support and stability. However, unlike Millennials that love a lively office environment, this generation appreciates even more flexibility and freedom. If you’re willing to let them work where and when they want, while being present as needed, they will be far more productive and loyal. Virtual meeting options and check-ins will go a long way with this group.
Income Potential
Unfortunately, student loans and various other debts plague Gen Z, so income is important. Being able to work with them on a business plan where they have a clear vision of what their production goals are to meet their needed level of income will eliminate surprises later. Being clear on the activities required to meet those goals will also give them direction and reassurance that they will be successful. One of the great things about a career in real estate is that it is a career with unlimited income potential. They can earn as much as the work and dedication they put in.
Grow a Brokerage for all Generations
A great philosopher once said, “change is the essential nature of all things”. Brokers who embrace change and welcome the energy and values of each new generation will thrive. It’s exactly the kind of thing Weichert can help provide guidance on to franchisees. Creating a positive culture in your brokerage that promotes honesty, transparency, and teamwork is exactly how you will grow your business and appeal to generations of all kinds. Specifically for Gen Z, Weichert offers an abundance of resources and training opportunities and a business planning tool to help them design their income goals and a plan for achieving them, plus we coach our offices on the use of virtual tools, provide them with sales meeting content and more. For more information on how to build a culture that’s a recruiting magnet, as well as get best practices and marketing tools to attract new agents, visit us at http://weichertfranchise.com.

Tuesday, June 23, 2020

Are You Using 3D Tours? Now Is the Right Time to Try Them

Although we may never have imagined how the world would be impacted by COVID-19, one thing that is for sure is that the real estate industry has reacted dynamically. One of the most obvious ways in which real estate agents and brokers have had to pivot during this challenging time is to go from making virtual and 3D tours a nice-to-have to a necessity in marketing listings. In fact, even buyer agents are finding themselves giving virtual tours of listings. If you’ve never used it as part of your marketing strategy, now might be the time to look into this technology. They may become a staple long after restrictions subside. Here are a few reasons why the experts at Weichert believe they should become an ongoing staple in your business.

How COVID-19 Has Changed The Status Quo

Before the outbreak, adding virtual or 3D tours using technology by companies like Matterport or Ricoh Tours to let buyers tour the property was a luxury. However, the cost of producing these and the equipment needed has become fairly reasonable and there is no reason not to use it. Most brokers who have invested in them will speak to the positive impact they can have on the ability to deal with an increasingly virtual real estate industry.
What are the upsides? By being able to share the tour digitally on social media and email, you can increase overall exposure for the property. You can also reach potential buyers who may normally not have been able to attend an open house due to distance or scheduling conflicts. Because 3D tours give viewers a better idea of the space and flow of the home vs. still photography alone, viewers will get a better idea of whether a particular property is really a potential match for them. This also helps make the process more efficient, so you are spending additional time showing the property only to those who are most serious about it.

What Should You Include in Your 3D Tours?

Just like with any piece of marketing material, 3D tours are not all created equally. If you really want your virtual and 3D tours to spark deals, you need to be strategic with them. Just like when you are taking professional photos, make sure the home is staged properly and free of clutter. Make sure to capture all the best aspects of the home, including the exterior. Here are some other things to include in your tours to increase viewership and conversion rates:
 Give Them a Reason to Watch: When promoting the tour, make sure you include reasons for people to watch or engage. In this, there is an art to really paring down the excitement of the listing to a soundbite which is something most agents are well acquainted with doing. Let potential viewers know what they will learn during the tour and how they will benefit from the tour. You may even want to host a contest and announce the winner during the tour if you elect to do a live version.
 Promote Lifestyle Benefits: Rather than just listing off the characteristics of the property, let your narration explain how the property provides a specific type of lifestyle. Don’t just tell them what the house has, but showcase how they benefit from what the house has.
 Provide a Call-To-Action: Make sure you include a strategic and easy call-to-action at the end of the tour. This could be to schedule a private tour, contact you for questions or anything else you want the viewers to do next.

How To Get More Leverage With 3D Tours

Just because you may be hosting your virtual tour on one platform does not mean that you shouldn’t also use it on others. Share your tour to all of your social media accounts, a blog post about the listing, your email newsletter, and any other marketing materials you produce for the property. Furthermore, you can give your tours a popularity boost by including relevant hashtags along with your posts on social media and boosting these posts on Facebook.
While it is still uncertain how much longer it will be until people are comfortable freely going in and out of properties again to view them, you can be sure the use of 3D and virtual tours are here to stay. The brokerages that adapt will become stronger as a result. Weichert and its affiliates know first-hand how important it is to evolve sales practices and adopt new technologies as they become available. It keeps the entire team ahead of its competition while empowering them to do more.
To learn more about how to grow your business with a Weichert franchise go to weichertfranchising.com.

Tuesday, June 16, 2020

How to Grow Your Database With Email Marketing

With so many flashy new technologies and social platforms competing for our attention, it is easy to forget the tried and true value of email marketing. Not only is email marketing still one of the most powerful ways to build a captive audience and stay in touch with your database, but it is a cost-effective way of doing so. Email laws and strategies, however, continue to evolve. Agents and brokers need to understand the rules and best practices to effectively market themselves via email. Here is what the experts of Weichert want you to know about the best practices for broker and agent email marketing.

Develop Your List, the Right Way.

Following the fallout of data breaches a few years ago, new laws have been put into place to protect consumers from predatory practices through email marketing. One of the laws states that a person must opt-in to receive emails from you. In fact, in most cases having a double-opt-in is best because it ensures that the person truly wants to be emailed. Therefore, you should never purchase a list of people to cold-email because you will be violating these laws and potentially dealing with people who have no interest in you or your services. Furthermore, if you use email marketing software to send mass marketing emails to a purchased list and get a high number of bounces, unsubscribes, or abuse complaints it may prevent you from being able to use email marketing entirely through a process known as blacklisting.

Attract New Email Subscribers

The best way to develop your list is with a slow steady strategy and honesty. Start by building a lead magnet that is valuable to your target audience and then offer it for free in exchange for them opting in. A good lead magnet can be a free informational class, a whitepaper on how to sell your home in a down market, market information, information on a particular property, or anything else that is timely and relevant.  To cover yourself, send them an automatic email confirming that they subscribed to accomplish that double-opt-in. Once you’ve captured them, make sure you segment them in your database as much as possible based on their behavior as a subscriber. For example, if you have two lead magnets (one for buyers and one for sellers), those people should automatically be segmented to their respective lists when they sign up. This will allow you to tailor the content you email them and increase your open, click-through, and conversion rates.

What Should You Serve Up to Buyers & Sellers?

Once a person opts-in to get emails from you they should immediately get that opt-in confirmation. From there, they should be put on an automatic drip campaign of steady content that is relevant to their reason for opting-in. For example, if they downloaded a book about getting their house ready to sell, they should keep getting information that is valuable to sellers and prompts them to contact you for help. Their segmentation in your database will also indicate if you should be sending them listings, just sold, or any other type of property listings.

How to Improve Open & Click-Through Rates

The first challenge in getting conversions from your email marketing is getting people to open your emails. You can give yourself the best shot at getting people to open your emails by optimizing your subject line using the free headline analyzer by co-schedule. From there, you need to make sure that the content is relevant to the subject line and attention-grabbing. If it doesn’t solve a problem, help achieve a goal, or entertain your audience you may be disappointed in the results.
Let’s say you want your subscribers to read your newest blog post which explains how hard but important it is to set the right price on a listing. The subject line should communicate the potential loss or gain they will achieve from the article. Then, the body of the email should act as a teaser of the blog post with a strong call-to-action to read the blog post. Be careful that you don’t only use your email list for advertising because it will hurt your open and click-through rates. Make sure you are providing content of value as well.

Integrate With Your Real Estate Website & CRM

Setting up powerful email campaigns, coordinating lists, and keeping track of all the leads that come in, as a result, can be tedious, time-consuming work. That is unless you have a fully-integrated technology platform like myWeichert. At Weichert, we provide our affiliates with the technology that incorporates all the best elements of a great real estate CRM, but has the ability to create those “lead magnets” to build your database, then uses sophisticated marketing automation to segment and nurture those potential clients for you. From pre-programmed to customizable campaigns, emails can be sent to your various audience segments automatically and in a timely fashion based on almost any criteria. Its direct integration with your IDX website and database also gives you the ability to set up property search alerts to feed buyers listings based on criteria you establish. A complete smart technology platform like myWeichert takes much of the guesswork and delay out of using email marketing while maintaining a level of personalized contact that other real estate CRMs and tech platforms do not provide.
As an agent, and especially as a  to make sure you are getting the most out of your marketing tactics, such as email marketing. And if you are looking for a true partner, Weichert and a tool like myWeichert may be just the solution you’re looking for.
For more information about the Weichert suite of technology and marketing tools go to https://www.weichertfranchise.com/best-real-estate-crm/.

Tuesday, June 9, 2020

How Instagram Can Help Your Real Estate Game

How Instagram Can Help Your Real Estate Game

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How Instagram is important to real estate agentsIf there is one thing that real estate agents understand, it is that there is an art to the hunt for quality real estate leads. These days, more and more people are turning to alternative house hunting methods like social media when it comes to looking for their future homes and an agent to work with. In fact, it may surprise you to know that there are many people turning to Instagram to connect with a real estate agent and begin their home search. However, if you are like most real estate agents, you are probably wondering if there is any real value to building a strong presence on the visual social platform. In today’s post, you will discover several reasons why it might make sense to invest in leveraging Instagram.

It Is The Perfect Real Estate Platform

If you are finding yourself with a little extra time on your hands right now, use some of your time to get acquainted with using Instagram. Whether you are a broker or an agent, developing a following on this platform is going to be more important than ever as you seek to develop relationships with younger generations of clients.
Instagram is all about visuals. As a real estate agent or broker, you are lucky to work in a very visually stimulating industry which makes it easy to create quality Instagram content. There are opportunities for you to take pictures and videos that will appeal to your target audience at almost every turn. The key is to create content that is both visually eye-catching and interesting. For example, rather than just show a before/after picture of a renovation, give some interesting information about the renovation and include some relevant and hyperlocal hashtags with the post to help it get found.

The Demographics Of Instagram Will Surprise You

With each new social media platform that hits the scene, it can be easy to judge its relevance by the initial audience demographics. For this reason, many people still think of Instagram as just a fun picture sharing app for Millennials. However, these statistics straight from Instagram illustrate something very different:
  • 1 billion Instagram monthly users as of June 2018.
  • 500 million daily Instagram Stories users.
  • 110 million Instagram users in the US.
  • 34% of Instagram users aged 25-34; 31% are 18-24.
  • 51.2% of the global Instagram user base is female, 48.8% male.
As you can see from these numbers, there are a lot more than just Millennials on Instagram. In other words, there are members of your target homebuyer and home seller audience on Instagram and they will consume content from someone, so why shouldn’t it be you?

Instagram Is Great For Starting & Nurturing Relationships

The most important thing to understand is that the only way to be successful with Instagram marketing is to look at it as a relationship-building opportunity more than just another advertising platform. The beauty of Instagram is that it gives you the chance to connect with people you may have never met otherwise around a shared interest in real estate, as marked by hashtags
Meeting New People: Let’s say you are targeting first-time homebuyers and newlyweds in Chicago. You could search the hashtag #ChicagoNewlyweds to find a never-ending list of people that match your target market demographics. Start building relationships with these people by connecting with them, liking, and commenting on their posts with valuable feedback and sharing any relevant advice you can offer. It also helps to have a specific offering ready for the demographic you are targeting. In this case, something like a free e-book about how to go from “I do” to Homeownership in the first year would work well.
Staying In-Touch: You should make it a point to connect and interact with as many members of your sphere and database as possible. As you scroll through your feed, make a point of taking a few moments each day to leave valuable comments and start conversations. The more you focus on valuable, relationship-building interactions, the more productive the platform will be for business.
Creating Visual Content Is Easier Than Written Content
If you are someone that struggles with regularly writing thoughtful and valuable real estate blog posts, Instagram may be just the content marketing solution you’ve been looking for. With Instagram Stories, you can easily create smaller, bite-sized videos that take people behind the scenes in your world of real estate. In fact, the more you treat Instagram like a blog, the more likely you are to build an engaged audience.
Weichert has recognized that in order to stay competitive at the agent or the brokerage level, you must be ready to embrace new technologies, tools, and processes that allow you to better serve your clients. In fact, when you keep an open mind to new technology, it will allow you to more efficiently invest in the relationships that lead to healthy real estate business. For more information about the technologies and systems that Weichert uses to give their affiliates an edge over the competition go to https://www.weichertfranchise.com/

Friday, June 5, 2020

Why Online Reviews Are More Important Than Ever


Online Reivews are important
Any broker or agent can claim to be the best, but they can’t expect strangers to believe them at their word. Having client testimonials and reviews are a practical way of showing what marketing experts refer to as “social proof”. In fact, reviews and testimonials have become so important that a consumer survey conducted in 2019 by Bright Local indicated that 85% of consumers are basing their buying decisions on reviews or testimonials from past customers. But now, virtual buying and selling are becoming part of the new normal. Since they might not be able to meet with you in person to get a comfort level, consumers are going to want to “shop” you first before engaging. Having a solid list of reviews will ease their minds and make them more comfortable with working with you virtually. Here are some best and worst practices that you can adopt to maximize the effectiveness of your brokerage reviews.

Which Reviews Are The Most Valuable?

Just as not all real estate brokerages are created equally, reviews vary in quality and value. While it is smart to try and collect as many reviews as possible, it is more important to get the types of reviews that will make a real difference in your real estate rep. As a rule, there are three things you should look for in every review:
  • Relevant: The more relevant a review is to the services you provide, and the people you want to attract, the better.
  • Specific: It is great when people say something positive like “Great company – highly recommend”. However, detailed and specific reviews like “Great negotiator who went above and beyond to make our closing happen on time, despite many challenges…” will go further.
  • Recent: A review from 3 years ago won’t carry the same clout as one from last week so work consistently to collect new reviews.

Quality Reviews Vs. Quantity Reviews

Research by Yelp suggests that people will look at the average star rating for your business before diving deeper to read the long-form reviews that people leave. With that in mind, you need to consider the importance of carefully avoiding any negative reviews below 4 or 5 stars. One way to do this is to ask for feedback from clients prior to asking for them to provide a testimonial. That way, if there are any areas in which they are not 100% satisfied, you have a chance to correct the problem and make them your happiest client yet.
Since reviews might often be given at the agent level, you can also consider investing in review programs that allow your positive agent reviews to roll up to your brokerage review rating. After all, if you go to the trouble of hiring the best agents, that effort should be reflected in how the brokerage is perceived in the public eye. You can leverage that not only for attracting new clients but for attracting recruits as well.
Don’t forget to collect stars and testimonials from your agents and staff as well! Remind them that for every 5-star review on your business, there will be more leads coming through the door for them. If your agent is not comfortable providing you with a 5-star review, you can address any concerns they have and increase their loyalty to your brand.

Don’t Fear Negative Reviews

There may be times when someone leaves a negative review or testimonial. If they do this publicly before you have a chance to address their concerns, be swift to respond. Reply to their review by expressing your genuine concern and offering to do whatever it takes to make them happy. When you do this, you show anyone reading how much you care about your clients’ satisfaction and that you will take action to back it up. This can actually be a powerful way to build trust with skeptics who tend not to trust reviews when they are all perfect. And if there is a trend of negative reviews, it may be a signal that you have some work to do.

Distribute Your Reviews Far And Wide

Reviews won’t do anything for you if people don’t have the chance to read them. No matter what platform you use to collect your client testimonials, you should repurpose and add them everywhere you can to get more value from each one. A few strategic places to repost your reviews include:
  • Your newsletter
  • You email signature
  • Your social media profiles
  • Your brochures
  • Your websites
  • Your listing and buyer presentations
  • Your educational content and lead magnets
  • Your media kit
Ultimately, good reviews are going to come by going above and beyond in servicing your clients. This means personalized attention, diligent follow-up and meeting, or better yet, exceeding expectations. At Weichert, we arm our affiliated offices and agents to do all of that by providing tools, such as myWeichert, our smart tech platform. This integrates contact management with a level of marketing automation that is unparalleled in the industry, helping agents follow up the right way, at the right time. These kinds of tools coupled with Weichert coaching, best practices, and resources, help you and your team service your clients and support your business goals every step of the way.
For more information about how you can grow with Weichert, go to www.weichertfranchise.com

Wednesday, May 27, 2020

Increase Virtual Networking To Help You Succeed

Virtual connection
Although virtual networking certainly isn’t new to the real estate industry, it has gone from being an underutilized tactic to the norm, thanks to social distancing. Unless you want the world to pass you by, you have no choice, but to keep up with connections, and make new ones, virtually. From vendors, referral partners, to your sphere, there are lots of ways to stay in touch, meet new people and get conversations going. This trend is not likely to go away any time soon, either. It’s important more than ever to make yourself visible online. The experts at Weichert share tactics to take and mistakes to avoid. By the end of this post, you will be ready to virtually network your way to success in real estate.

Make Sure Your Profiles Are Up to Date

Preparation is key when it comes to being successful at virtual networking. That means that you need to invest the time to perfect and polish the profiles you have on any of the platforms you plan to use, like Facebook or LinkedIn, or even on group forums that you join. If you aren’t sure what it takes to get your profile up to snuff, consider consulting an expert on the platform you want to use. There are a lot of online tutorials as well. In most cases, your profile will be the first impression someone has of you, so you want to make sure that your profile looks interesting and professional enough for someone to want to connect with you. Weichert values the importance of writing a good bio and creating a personal brand. It provides many different tools to help create those things that can then be used across any platform or vehicle you use.

Seek Out the People and Groups That Will Be of Value to You

Much of your success in virtual networking will depend on the people you include in your network. This does not always translate to quantity. First, you should begin by connecting with everyone you know that has a profile on that platform. Many networking sites like LinkedIn and Facebook, make this easy by allowing you to sync with your contacts to connect. Next, make a list of all of the types of people that you want to network with on the site. Common selections for agents and brokers might include:
  • Professional vendors, like home inspectors and real estate photographers
  • Referral partners like the title companies and lenders
  • Potential clients
  • Other local business owners that interact with the above people
It helps to set goals for yourself on how many people you want to connect with on a weekly basis. Aim to connect with a steady mix of each type of target.
Look for groups on Facebook or LinkedIn that you can join that are in the same business, related business or within your community. These are great places to make valuable new contacts, give and get referrals, as well as a place to go to share advice, ask questions and read how others may be handling challenges similar to yours. Many of them may hold frequent virtual meetings or webinars where you can interact “face-to-face” or be part of the conversation through comments during the meeting. Be sure to participate in these opportunities. It’s a good virtual way to stay connected, make new connections, and feel less like you are on an island.

Always Lead with Altruism

The biggest trick to being successful with virtual networking is to lead all of your communications with altruism. The more value that you deliver to others, the more inclined they will be to return the favor. For example, if you are using LinkedIn, you should be liking and commenting on others’ posts, starting valuable conversations, offering good advice and endorsing them for their chosen skills. You might even offer to write them a recommendation. If you are part of a networking group on Facebook, be active in commenting and sharing what you’ve found to work well. Compliment good ideas. Celebrate in the accomplishments of others. Be willing to participate in group think tanks. You should always think of virtual networking the same way you would building personal relationships.

Integrating Virtual Networking

Once you discover just how powerful and fast virtual networking can be, you might find yourself overwhelmed with all of the appointments, notes, and new connections you receive. But make sure you keep track of everything! Otherwise you may let valuable opportunities fall through the cracks and will reverse all the previously positive results. Utilize versatile tools like your CRM to keep your contacts organized.

How Affiliation Can Offer Multiple Connections in One Place

Weichert affiliates have the benefit of a coaching and service team at their disposal that is well versed in how to operate virtually. By being part of our network, you have access to a multitude of digital resources, webinars and training events to help you with your business. You can ask questions, get ideas and hear how your fellow brokers are handling issues. Our Management Facebook group is a safe place to pose questions to brokers across the country and get their recommendations and insights to help you take the quickest path between point A and B, avoiding landmines that can cost time and money. You’ll make connections and forge relationships in the process. Not to mention, you’ll have access to our referral networks such as Weichert Relocation, Weichert.com and Weichert Referral Associates. To learn more about how to develop valuable relationships virtually or how Weichert can help connect you to more go to www.weichertfranchise.com.