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A Day In The Life Of A Virtually Supported Agent ...
Sally Agent starts her workday like a million
other dedicated REALTORS®. She goes through the
morning ritual of rubbing the sleep from her
eyes, perhaps doing a bit of exercise before
breakfast, then getting dressed and ready to go
to the office. But this is where the similarity
ends. You see, Sally is not just any typical
agent, she has an entire team tirelessly working
for her even while she sleeps —a team she has
never met. Here’s how Sally has the perfect workday, one that she enjoys five days a week.
Focused – Not Frazzled
With the help of Lisa, her Executive
Level virtual assistant, Sally has become very clear on
what her business is about. Her primary focus is taking
new listings (via referrals and expireds) and selling
homes to white-collar mid-level executives relocating to
her area. Her main source of leads is her Website
(targeted to relocating buyers), referrals from her
sphere of influence and previous clients, and actively
prospecting expired listings. Anything outside of
listing presentations, writing up offers and negotiation,
is handled by various members of her team on an
as-needed basis.
This approach empowers Sally to be
highly focused, productive and avoid the overwhelm so
many other agents feel when a lot of business is coming
in. And with Sally, new business is always coming in…
The “Just Show Up” Listing
Appointment
Before arriving at her office, Sally
already knew she had two scheduled listing appointments
and two buyer showings. Her calendar is kept up to date
(and full of new business) by all her VAs, each of which
has access to a Web-based calendar that automatically
sync’s up with Sally’s Outlook calendar. This is one of
the many ways that her VAs actually manage her time, so
she can focus on what she does best and not worry about
the details.
As Sally arrives at her desk, she
smiles to herself as she sees that the CMA’s and
customized marketing plans are already waiting for her
on her printer. And, the blank CD she left in her CD-ROM
burner the day before is ejected and contains the custom
PowerPoint presentations to help her win the listings.
These were completed by Mary, her VA Listing Marketing
Coordinator, who lives two time zones away and completed
this work while Sally slept. Even though Sally has had
as many as four listing appointments in a single day,
she never gets flustered or feels overwhelmed. That’s
because in addition to doing the pre-listing
presentation preparation, Mary also handles all of the
details of the listing once it is signed up. This
includes showing feedback, entering the listing into the
MLS system, writing and posting all the print ads,
initiating Web-based marketing and giving the sellers
comprehensive marketing reports every Friday.
This process works so well for
Sally, a listing for her basically involves just showing
up at the seller’s house and closing the deal - everything else is handled by her VA Listing Marketing
Coordinator.
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Real World Example
#1 |
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Joan Prout of RE/MAX
Villa REALTORS® in Jersey City, NJ uses a VA
Listing Marketing Coordinator in Chicago to
handle all of her listing presentation and
marketing coordination details. You can see
the entire list of what her VA does for her
in the May, 2005 Ask Mr. Internet column of
REALTOR Magazine Online. |
A Pipeline of New Listings That
Is Always Full
Sally averages eight listing
appointments per week, which takes about 15 hours of her
time total (remember, her VA, Mary, handles all the pre
and post presentation details). Sally generates these
new listings from two primary sources. First, she has
another VA, Vickie in Florida, who handles all her
“stay-in-touch” drip marketing (both e-mail and post
cards) specifically targeted to her sphere of influence
and previous clients. Since implementing that, she sees
on average 7 new listings a month just from that.
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Real World Example
#2 |
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Sylvia Woods of GSH Real
Estate in Hampton VA, works with a Virtual
Assistant who designed and implemented a
stay-in-touch drip marketing campaign. This
meant not only freeing herself from the
monthly process, but seeing a dramatic
increase in listings and achieving the #1
spot in her agency with 60 listings in one
year directly attributable to this
stay-in-touch campaign. You can read the
entire story by going to the
SUCCESS STORY of the August, 2006 edition of
ePOWER NEWS. |
Sally also aggressively goes after the expired
market in her area. Since the process of
determining which listings are going to expire,
getting the seller’s phone number and making the
appointment can be very time consuming, Sally, of
course, outsources all of those functions. She
has another VA (that lives several time zones
away) generate a daily “call list” of sellers
whose listings will be expiring that same day.
Every morning before she even gets to her
office, Sally has the list waiting for her in
her e-mail inbox. Another copy of that list is
sent over to Rhonda, her VA on the West coast,
whose only job is to set the listing appointment
for Sally. Rhonda is an absolute pro on the
phone and more times than not is able to set up
the appointment for Sally. And, each time she
does, she contacts Mary (the Listing Marketing
Coordination VA) so she can prepare the
pre-listing presentation documents in time for
Sally’s scheduled appointments.
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Real World Example
#3 |
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Top producer Rick
Parlente of NoSnowNaples.com hired a group
of VAs from eight time zones away to create
his call list of newly expired listings.
This arrives in his e-mail inbox around 7:30
am every day. He then hired a VA in Southern
California to set up his appointments with
the sellers of these expired properties.
Essentially, Rick set up his business of
prospecting expired listings in such a way
that he effectively only needs to “show up”
to close the deal. |
A Private Pond Stocked With Potential Buyers
Another major source of new business for Sally is the
leads from her Website —the one targeted to mid-level
executives relocating to her area. Sally understands
very well the principles of turning online leads into
transactions. She knows that the online consumer wants a
near instant response to their inquiries, and that they
may be several months from actually needing her
services. Since Sally doesn’t want to be stuck in front
of a computer all day checking for e-mail, she has two
other VAs, Chris and Marley, that do it for her. Chris
covers normal working hours and Marley handles inquiries
that come in during the evening hours. Here are the
steps they take every time an online inquiry is
received:
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If it is clear that the
inquiry is ready to do something now, they contact
Sally immediately to follow up (after sending a
response to the message that someone will be
calling shortly). NOTE: only 5% of these inquiries
fall into this category;
-
For the other 95% that are not
quite ready, her VAs send a special “first response
e-mail” on Sally’s behalf that is specifically
designed to build trust, rapport and have the
prospect feel in control;
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They also put the prospects on
Sally’s custom monthly e-mail newsletter (written by
another VA, of course) and in a drip e-mail system
that is written specifically for relocating
mid-level executives.
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They monitor the prospects
placed into the drip campaigns and alert Sally when
they are ready to move forward with their purchase.
By using this method to process her
online leads, Sally is free to focus only on those that
are ready to do something now. The others are like fish
that are too small to keep. Instead of throwing them
back however, her VAs put them into a special private
“pond” (the drip campaign) where they are fed and
nurtured. When they are “big enough” (ready to move),
then and only then, does Sally get heavily involved.
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Real World Example
#4 |
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Prudential Douglas
Elliman uses an entire team of VAs to be
their “Virtual Customer Service
Representatives”. They handle all the phone
and Web leads that come in directly to the
company from 8:00am to 11:00pm 360 days a
year. |
Sally typically doesn’t have to show
many properties to these buyers once they are ready.
That’s because they did most of the work finding the
kind of properties and neighborhoods they found most
appealing. At this point Sally spends most of her time
drawing up the contract and presenting the offers. And,
once the offer is accepted, Sally faxes over the
documents to Cindi, her Virtual Transaction Coordinator,
who happens to live in Washington State. After Cindi has
it, there is very little for Sally to do other than
attend the closing and give her clients the closing gift
that Cindi conveniently arranged to show up at the final
meeting. After the close, Cindi then contacts Vickie,
Sally’s drip marketing VA, to make sure that these
clients are put on the seven-year, “stay-in-touch”
campaign.
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Real World Example
#5 |
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Coldwell Banker agents
Kathy & Michael Rain in Half Moon Bay, CA
use a VA in Virginia to execute a
stay-in-touch program for clients that just
closed with them. |
This is just a short synopsis of how
Sally is able to focus just on her core strengths of
listing, selling and negotiating while the critical
details are handled for her from a distance. In addition
to giving her the time to enjoy her success, she also
has no limitations as to how much business she can do.
“Overwhelm” becomes but a faded memory.
Thousands of Semi-Sallies…
Thousands of agents have
incorporated the use of Virtual Assistants into their
business during the last eight or so years that I have
been speaking and writing about this incredible
resource. Some are approaching “Sally Agent’s” full
scope of use, and many others are using them
incrementally, such as the real world examples above.
This industry is not getting any
simpler. It is already physically impossible for most
real estate professionals to have a career where they
make a great living, do only what they love to do and
have all the free time to enjoy their success. Becoming
a virtually supported agent is a proven strategy that
will work with any agent, no matter where they are in
their career.
NOTE: Mr. Internet®, RUSSER Communications, its
staff and officers receive no compensation
whatsoever from any third party vendors and make
no recommendations as to the suitability of the
products or services mentioned in this article.
Always thoroughly investigate any product or
service before trying or purchasing.
Mr. Internet is the alter ego of Michael J.
Russer, an internationally recognized Internet
speaker, trainer, author, and strategic
consultant to the real estate industry. He is
dedicated to helping real estate professionals
leverage their people skills into profit on the
Internet. You will see his column on REALTOR®
Magazine Online every month and in the magazine
quarterly. Send your Internet questions to
help@askmrinternet.com or you can visit his
Website at
http://www.russer.com
This article is reprinted in its entirety from
the April 2007 issue of REALTOR® Magazine by
permission of the NATIONAL ASSOCIATION OF
REALTORS®. Copyright 2007. All Rights Reserved
other than mentioned above. Mr. Internet® is a
registered trademark and IEC™ and Ask Mr.
Internet! ™ are trademarks of RUSSER
Communications. |