November 9, 2009

Biggest Mistake 30% of Realtors Make Online

Filed under: Buyers, Marketing, Prospecting, Sellers — Sam Prochazka @ 2:39 pm

We recently completed a survey of 50 Realtors® and discovered that the most common mistake they make with their websites is not calling their leads!

“Wow - that’s ridiculous. But it can’t be many of them can it?”

Our survey revealed that a whopping 30% of Realtors® don’t call leads generated from their websites!!

“What do you mean, not calling? Surely the Realtors® emailed them or did some other type of follow-up??”

This is what we’d thought, but after further questioning we discovered that these leads had simply been forgotten, missed, or just not followed-up with at all.

Why?

In most cases (66%), Realtors® ignored emails coming from their websites. In other cases (20%) Realtors® assumed the customers would not immediately convert. The remaining Realtors® reported a host of other reasons including (but not limited to) untrained/low-quality assistants, not enough time, etc.

Other things to be aware of

In addition to almost a third of Realtors® not calling their leads at all, a further 30% waited upwards of 24 hours before responding to their email/website inquiries! Any current or future top producer knows that even an hour, let alone a full day, can mean the difference between getting business or not.

When a lead was called, what happened?

Of the 70% who reported that they’d called their leads back, the vast majority (over 75%) reported that they’d made one or more sales from those leads during the prior year. Almost 10% reported that they’d made one or more sales within the prior month!

Our conclusion

By our estimates, Realtors® can increase website lead conversion two-fold by making the following two changes:

  1. Call or email ALL leads that approach you through your website
  2. Make sure your website sends leads directly to your cell phone or mobile device so you can call or email ALL leads immediately

2 Comments »

  1. What about privacy laws?

    Comment by Rob — November 10, 2009 @ 12:10 pm

  2. Hi Rob. Every Realtor website should have a well-written privacy policy (this is actually required by most Realtor Associations). The privacy policy should clearly indicate when the customer giving their contact information will be contacted.

    Comment by Sam Prochazka — December 22, 2009 @ 12:42 pm

RSS feed for comments on this post. TrackBack URL

Leave a comment

Careers | Privacy Policy
© Copyright 2010 RealPageMaker ® | making you money. saving you time. simple. | websites for real estate. All rights reserved