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How To Knock Off Your Competitor With Realtor Marketing Plans Being a professional realtor it is very important that you create your own realtor marketing plan as this will help you in guiding your business throughout the year. If you will not plan, it can cause failures within your business and that is not a good experience for you. With the help of this article, you will learn how to create marketing plan o First of all, you have to know what is your product or services? Is your business special? Who are your customers and what do they want for your business?
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o It is important that you know that your plan is specific and measurable. Another important fact that you have to consider is that you have to come up with a concrete as well as budget.
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o It is also best that you do market research on how many houses that is in the market as well as how many house that was sold in the previous year. Knowing how many agents are working will also give you a better idea on what you need to overcome. o Now that you have your budget, you have to break it into areas which includes mailing costs, advertising, open houses and even gifts. o Ask yourself what are the different marketing strategies that have worked last year. o Know what are your target market, whether geographical, retirees, first time buyers, etc. o Always be sure that you have a mission statement. o Are there any other niche that you can make service? o Search for other marketing strategies that you can take advantage that you know will work the current year. o It is important that you create a press release and sent it out to any local newspaper. o Learn and do some research on what your competitors are doing and learn their successes and mistakes in the business. To become successful, you have to make sure that you create a realtor marketing plan as this will help you in understanding your business as well as how to make a solid attack in the business. Most of the top agents in the business today have been handling short sales and this is the reason why it is also important that you know the ins and out of the business most especially the short sales. At the end of the day, you will realize that you have to expand your business and that your profits will increase and lastly your customers will be loyal to your business.