Direct Mail? SEO? MLS? Agents? S.O.I. where to start first!

Direct Mail? SEO? MLS? Agents? S.O.I. where to start first!

Real Estate Broker · Delray Beach · Member since 2017 · 39 posts · 5 votes

If you mention any one of those topics from Direct Mail to SEO to Drive By... you can get a million different answers. All proclaiming to be the correct answer. I can attest to you that after 15+ years in the real estate business (working as an broker-agent) that marketing of all forms works. Whether it be print, sphere of influence, the MLS portal for leads, and word of mouth from 1 agent to another agent...all works over time. Work the plan and plan the work! Now as I shift to wear my hat as an investor (for myself) I find myself right back to square one feeling like a newbie (at least in the marketing forum as it pertains to building a real estate investment business). I agree...you need money to make money. In a competitive market like S. Florida I still see and believe that there are deals to be had. Maybe not as many potential deals providing skyrocket returns and maybe a LOT of competition. I get it. If there is anything that being an endurance triathelete has taught me is that you are in competition with yourself to 'run your own race'. You can listen to others' advice which I think is imperative to 'finish the race'. With that said...what I would love to know or hear back from BP forum is what is a cost effective way to build a funnel of leads in the first place. I am all about leveraging time so I am not going to make Drive By's or Door knocking my #1 & #2 ways to get business. But if direct mail is the way to go...what is a good 'rule of thumb' for the minimum amount or DM pieces that should go out monthly? I know that on average it is 4-6 months of mail pieces before you start to see the fruits of your labor. Or is it squeeze/landing pages via Facebook marketing campaigns? over the same period of 4-6 months? There isn't confusion on my end but there seems to be many opinions that split the BP forum to one side or the other and yet from a dollars and sense stand point that makes no sense. I know this for myself because I read the forums almost every day now for the past 2-3 months. There has to be 1 way that is more cost effective & efficient to maximize the time to be able to have enough leads to systematically analyze and make offers on. The question I have...which one is it?! Love to hear back. Thank you.

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  • Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes
    7y

    "It works"... you simply can not quantify a system with "it works".

    OK OK OK

    I am going to go heavily against you but don't feel offended. So...

    This is usually what people say when they have no Kpi's, when there is zero tracking, when you are winging things (or they are doing all the tracking wrong). You being in business 15+ years has NOTHING to do with something being efficient or working.

    I have been in business for 3.5 years now, and I get more leads (for free) than most of you! So the amount of years you do anything means very little.

    You are taking an opinion, and dressing it up as fact.

    You can be in business for 300 years, but if you have never been exposed to a car, you will swear by running is the best form of transportation.

    So yes, you are not wrong. Yes everything works. BUT...What is the definition of "it works". You really shouldn't say things like that.

    So my argument will be, to consider SEO for long term, and paid marketing for right now.

    Let me just leave this one single question for you to be answered.

    If "everything" works, why is it that 97% of the people that do the exact same thing (D4D, Doorknocking, etc, etc) fail doing those exact same strategies? If everything works, the % of successful investors shouldn't be so low, because EVERYONE is doing DMM, D4D or doorknocking!

    But lets go with solid numbers OK? Actual data!

    How many leads do you get a day door-knocking?

    If you get 1 lead a day doing door knocking that is considered amazing! And you can label it under the "it works" category.

    Now with SEO, we get

    Fine print: This is in March- august. Halloween period slows down drastically:

    Now let's look at the equivalent cost of SEO vs other paid marketing.

    You would have to pay more than 9K to get the same amount of traffic. And mind you I said AMOUNT of traffic, not QUALITY of traffic. SEO traffic is FAR higher quality.

    So if 10 % of people click on ads, then the equivalent amount of qualified traffic would be $90K a MONTH! (most motivated sellers do not click on ads, as ads are less credible)

    So I do understand what you mean with everything works... but I think you don't quite understand the power of SEO.

    DMM, Door knocking bandit signs really "work" when you compare it to SEO?

    All leads are FREE

    No heavy negotiating (they looked for you TO SELL their house NOW). Ready to sign contracts

    Super motivated.

    Do you know how annoying DMM is? Or door knocking? It sucks bad!!


    The BEST way to do it is not by thinking "oh everything works". That is a statement that means nothing and everything. It has no content.

    What you should be doing is looking at it and calculate. 

    If you have no website and you don't yet rank #1, yes SEO is not going to be much help!

    But it is still something you need to do RIGHT NOW With highest priority.

    What you should be doing is adapt a credible form of marketing! PPC, and more and more am I favoring Facebook ads!

    Make your website credible, as this is the single most important thing EVER int he entire world of marketing and lead gen! You taking notes son? This is good stuff. trust me!

    Then drive traffic manually to your site (DUDE LEAVE DOORKNOCKNG ALONE!!)

    Facebook ads, and PPC (even ... yuk... DMM)

    While you make money now, you work on SEO (Because SEO REALLY is the best thing EVER ... and although you may not agree, this is not a matter of opinion, this is stone cold facts. I have shown you solid data, numbers that proves this).

    So yes SEO is the all-time champion and that is what your ultimate goal is. To get your credible site tot he #1 spot of Google. And that IS the FINAL and ultimate goal! Period!

    You are just ding paid marketing right now because there is no other better way to get leads now!

    So OK fine, yes, everything "works". You CAN possibly get a deal doing all methods. But that doesn't mean you should! And WHY would you? Why would you pay for more work and lower quality leads when you can get much more and higher quality leads for free?!

    And for Pete's sake do not hire ANYONE to do your SEO for you. Do it YOURSELF!!!

    Look here is the point.

    You can either see what you want to see, and believe what is easier and more convenient for you to believe, OR

    You can realize there IS a much better way, and get out of your comfort zone and STEP UP, take control and dominate! 

    What is it going to be?

  • Real Estate Broker · Delray Beach · Member since 2017 · 39 posts · 5 votes
    7y

    JN...thanks for taking the time to give me the skinny. Will keep at it and reach out to you sooner than later. Thanks again. JQ

  • Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes
    7y
    Originally posted by @Jason Quero:

    JN...thanks for taking the time to give me the skinny. Will keep at it and reach out to you sooner than later. Thanks again. JQ

     Hey man,

    Very welcome.

    I always tell everyone you can do SEO for free. So if you ever need to know how I did it (for free) my doors are always open!

  • Real Estate Broker · Delray Beach · Member since 2017 · 39 posts · 5 votes
    7y

    @Jerryll Noorden got a marketing question...in your opinion does it make a difference if I'm creating landing & squeeze pages without having a website?

  • Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes
    7y

    Hey my handsome feller you!

    Absolutely.

    OK but one condition. I am going to write a lot... because I care about you. Read it, understand it, and if you do I PROMISE you this will make you a God among measly ants!

    A landing page in itself is flawed the way investors go it.

    What have you seen people say and do? Especially the big companies like adwords nerds (yuk) and the like?

    They tell you, to make a one page landing page. Remove all the links and the only thing someone can do is fill in the form. Right? EVERYONE says this.

    You know why this even came to be? Because people saw companies like Nike, Apple Addidas Levis Samsung do this. And it WORKS!! Right?

    Well, most people into marketing don't ave math degrees. They are self proclaimed marketing experts because they have an opinion and a will. And so they generate "leads" so they conclude "it works".

    Do you know why landing pages work for companies like Apple and Nike? Because they are credible! Period! You do not need to do a search for said mysterious company n-i-k-e and verify legitimacy. People will fill in their forms no problem.

    But us miserable mortals?! Don't even think about it.

    Do you think sexy miss big booty Becky walking in the late ours after the club in her sexy outfit, walking down a deserted dark ally, and at the end of the road she spots 5 guys eyeing her drooling... you think she will say.. "Ohh goshgolly, my house is that way... I have to go through these thugs, so game over for me"!

    NO gaaadamnit, she will stop turn around and hop back inside the club and dance the night away!

    Having a landing page and removing all the links is the most retarded thing there is to do.

    So that was the logic version.

    As I said I DO have a math degree, I DO know data analysis, and I do have a solid brain in my head capable of coming with logic conclusions...

    This is a website. The owner is quite handsome and sexy and we all know that matters in this conversation.

    Do you think this is an entertainment website, with cute hairless naked puppies and kittens all cute? Nope. This is a site for people in pain that need the pain gone! They are not here for entertainment. The point I am making is simply this. Every dot you see is where someone, traffic, clicked on the site. Do you think after someone fills in the form they will stick around? NO there are no puppies to drool over . They BOUNCE!!

    So what does this picture represent? It is a blueprint. a mapping, a behavioral scan of a motivated seller. You can see what a motivated seller needs to see on your website BEFORE they fill in the form. Remember every click you see is from a person that did NOT YET fill in the form. (they bounce after they fill in the form right so after they fill in the form they do not click anymore).

    So what do you need to have on your site?

    How it works,  and more about you and/or your company! I have developed state of the ART conversion strategies to maximize credibility so they fill in the form, but I am only willing to share so much  :P

    So this is stone cold data. So now you have logic that says I am right, and you have data that says I am right! What else would I need to convince you I am right?

    Well simple really. The ONE thing you and everyone really cares about. RESULTS!!

    So Landing pages.

    If you are a no body.. and all people see of you on the net is ONE landing page, you are doing damage to your credibility score.

    Now flip the coin around. Imagine when people look for you. Hell, let me give you a Real Life example.

    When you look for "Jerryll Noorden" on Google:

    And you come up in relevant topics. Would you have a doubt wheather I am legit or not?

    No? great lets do one more:

    ANYONE that needs to sell their house in CT, will know of us, because we are always on the first spot. But ... when they scroll down and even GOOGLE suggests to pick us... do you think we have a problem proving we are legit?

    No!

    Keep in mind Credibility is the Catalyst To Conversion!!

    Credibility = Conversions. Credibility is EVERYTHING.

    Your website can be as ugly as my fayce, doesn't matter. NO ONE CARES!! As long as you can make people believe you can solve their problem you are golden!

    So I could have simply said,

    Yo! Yup it maes a difference if you create landing pages without a website.

    But I am so sweet, I just thought you how to fish :)

    So my friend.. this is the best landing page you can possibly get.... a homepage. A website.

    With all your reviews, pictures of you, pictures of the houses you bought flipped peed on... if that is what you do...

    Keep in mind. Ads, target NON motivated sellers. Dont let ANYONE tell you differently. Ads are the opposite of credibility.

    You can't buy trust. Trust is earned. As is credibility. An ad, is you paying someone to be there. Not credible.

    So an ad will attract 10% to 15% of the traffic. On top of that, that 10%-15% is NON motivated. So you will have a harder time to convert and get a good deal.

    Now it makes more sense why the cost per lead is so expensive using ads.

    Because it is so damn inefficient! There is a secret to succesful ads, but obviously if I share this in the open the effectiveness goes away. So.. 

    SO if you want leads, you need to be credible online. Credibility comes from when OTHER people do the talking for you.

    If you say "We are credible" on your website... yeah.. doesn't mean much unless you have certain key factors present on your site.

    So dont just get a landing page without links and without a website. Will you get leads? Sure you will. Will you get MOTIVATED leads? hmm some.. not many and it will be costly.

  • Real Estate Broker · Delray Beach · Member since 2017 · 39 posts · 5 votes
    7y

    Brother I always appreciate the insightful, witty, & at times sarcastic writing that you put in to everyone's blogs and discussion. I will for sure hit you up for your services at the right time. Good luck today. Thanks for taking the time to spread knowledge, wisdom and humor. Have a good week by you. Stay warm. 

  • Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes
    7y
    Originally posted by @Jason Quero:

    Brother I always appreciate the insightful, witty, & at times sarcastic writing that you put in to everyone's blogs and discussion. I will for sure hit you up for your services at the right time. Good luck today. Thanks for taking the time to spread knowledge, wisdom and humor. Have a good week by you. Stay warm. 

     Very welcome my friend.

    Remember, you do not NEEEED to hire anyone for this, including myself. Sure hiring someone that knows what they are doing will pretty much guarantee results... but you have to pay them. You CAN do this for free.

    That is all I am saying. But I will be there for you regardless what you decide. And feel free to ask me anything. Always eager to educate the masses!

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