How to build your referral network

How to Build Your Referral Network with a Newsletter or Blog

As any real estate agent will tell you, referrals from past or existing clients can be a great way to build and expand your business. Once you’ve closed the sale, you have a great opportunity to cultivate an ongoing relationship that can be not only personally rewarding, but professionally rewarding, as well. So how to build your referral network, then?

Positions You as the Local Go-To Expert

You’ll want to stay connected with your clients, positioning yourself as the local go-to real estate expert, prompting your existing and closed clients to eagerly send you referrals and turn to you to represent them in their next sale or purchase. 

But how do you best keep in touch with your clients? How do you walk that fine line of being informative and helpful — without being intrusive or bothersome? One of the best ways to maximize your client referrals is to develop a referral program. And one of the best ways to get the word out about this program is through your newsletter or blog. Here’s what you need to know once you begin generating leads through these practices.

Agents who embrace this kind of content marketing can simultaneously grow their businesses and distinguish themselves as a leader and innovator in their local market, and in the industry as a whole.

Stay Top-of-Mind with Effective Promotion

Once you have your newsletter or blog in place, you need to alert your customers. And from there, it’s all about promotion. Smart real estate professionals know to consider multiple avenues of promotion to remind your customers of your newsletter or blog — and add calls to action (CTAs) for clients to sign up to keep in touch at every touchpoint.

Add a CTA to your email signature, directing contacts and clients to sign up for updates to new posts or to be added to your newsletter mailing list. 

Why Real Estate Professionals Should Blog

Let’s break down the tactics on how to build your referral network with a blog, and why they work so well at it. Listed below are three practical and specific outcomes. While it’s important to adopt a long-term mindset to really see momentum build, in all likelihood you should start to see positive increases relatively quickly in all of these areas.

#1. To Generate Website Traffic

According to inbound marketing giant, Hubspot, companies and brands that blog receive 55 percent more website visitors than those that do not. Because your blog acts as a vehicle to drive traffic to your website, there is more opportunity to convert visitors into clients. 

#2. To Foster Interaction

Blogging allows you to interact with your clients, and also gives them the opportunity to provide you with valuable feedback. Invite and encourage your followers to talk to you by leaving comments or questions — and you can even turn some of the better questions into their own blog posts. 

#3. To Build Authority and Trust

Blogging also allows you the opportunity to showcase your knowledge and demonstrate your authority in your field. By utilizing your real estate knowledge to write solid content, you will quickly begin to earn the trust — and the business — of your followers. If you’re looking for ways to further build your reputation online, you’ll want to get your clients to leave you reviews.

Real Estate Blogging Best Practices

  • Make sure you’re always linking your blog posts to related and relevant pages on your website, and link your social media posts to your blog posts. 
  • Update your blog on a regular basis. A good rule of thumb is to start with one blog post a week. Once you’re comfortable, consider bumping up that number. Research has shown that companies that blog receive 434 percent more indexed website pages that those that don’t
  • Optimize your post with keywords, images and, above all else, natural sounding content. 
  • Always include a call to action, encouraging your readers to convert by filling out a form, signing up to follow you, or contacting you directly. 

To learn more about how to build your referral network, including the most effective way to ask for referrals, best practices for staying in contact with past clients, how to use surveys for real growth, and where it is appropriate to make a social connection, sign up for our platform and check out our course Building Your Referral Network today. 


AgentEDU® is a platform where agents at every level can come to watch 10-minute video courses for the many situations that successful agents must master. From essential to advanced level and everything in between, AgentEDU® courses help agents become top producers with increased earnings and a plan for continued growth.

AgentEDU® is an Agent Publishing brand. For nearly two decades, Agent Publishing has been committed to providing residential real estate professionals with the information and training required to build successful and meaningful careers in their local markets. Agent Publishing’s influence extends to every career stage and reaches agents across print, digital, events and online learning.

iBuyers

Keeping up with the iBuyers

With iBuyers like Opendoor and Redfin part of the mix, you may be considering new ways to integrate technology and ala carte services in your business. Although not every seller will want to use these tools there are some who opt for the instantaneous, so it’s best to be aware of this new trend. Here’s what you need to know about iBuyers.

Getting on Board

You may have seen signs at busy intersections that say, “Sell your house for cash NOW” or commercials about companies that will buy a sellers’ home in any condition. These are tactics that have been around for many years, but more recently companies are utilizing new technologies to leverage them. One notable real estate agency that has tapped into this trend is the Texas-based Keller Williams Realty. Although they are currently launching the “Keller Offers” service only within the Dallas-Fort Worth market, they plan to expand the program to nearly eight other major markets by the end of 2019.

Furthermore, 10 percent of all sellers use iBuyers, according to Keller Williams officials. They serve as a vital addition for agents to offer to their clients.

How to Stand Out

Some iBuyers, like Opendoor, utilize their own home valuation analytics software in which an instant offer is made based off the estimation. The Keller Williams service goes a step further, offering an agent to both act as a trusted guide and take into account the things that a home valuation software can miss. Agents are not just providing a helping hand in a potentially confusing process – their personal touch is key in standing out and creating a lasting agent-seller relationship. This, in turn, can lead to more referrals.

It’s good to stay aware of what people in emerging markets are looking for. Sellers that use these instant-offers services are often those with an urgent need to move, such as for a job. Another major group of users are those looking to flip a property.

iBuyers still need agents

The technology that comes with iBuyer services often utilizes algorithms and local market data as indicators for price points. Although these programs are becoming more prevalent, the role of an agent is still ever-present. Most sellers need an experts’ advice on what is a good offer and what is subpar.

In any situation that your seller may be in, offering these services is key to giving your clients a variety of choices. Moreover, the use of more technology is a necessary step in keeping up and opening more communication channels with potential clients. To learn more on better serving your sellers, start your seven-day free trial of AgentEDU and gain access to our “Representing Sellers” course.

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AgentEDU® is a platform where agents at every level can come to watch 10-minute video courses for the many situations that successful agents must master. From essential to advanced level and everything in between, AgentEDU® courses help agents become top producers with increased earnings and a plan for continued growth. For a 7-day free trial sign up here.

AgentEDU® is an Agent Publishing brand. For nearly two decades, Agent Publishing has been committed to providing residential real estate professionals with the information and training required to build successful and meaningful careers in their local markets. Agent Publishing’s influence extends to every career stage and reaches agents across print, digital, events and online learning.