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2015 Relationship Management- Maintaining Regular Contact

June 26, 2015 by Joe McAuliffe

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2015 RELATIONSHIP MANAGEMENT

Maintaining Regular Contact

You’ve identified and are managing strategies for Existing Listings (EL’s), Hot Buyers (HB’s), andKey People_hikerartist Future Listing Prospects (HLP’s). Now it’s important to add the next major group, Your Relationship Management Group (RMG). This group includes your Past Clients, Advocates and Sphere of Influence. These are mostly people that already like and trust you. Prospecting with this group is critical to growing your business.

Your RMG can be a difficult group to manage because it can include hundreds of people that have little in common. Take the following steps to manage your contacts with this group.

  1. Top Advocates-Identify the individuals in the group that are making or can make the biggest impact on your business- You should plan on having regular, or at least monthly face-to-face meetings with this group. The best approach is to invite individuals to a power lunch, or to share a cup of coffee. Attending social events that includes members of this group, is also a great way to keep in touch with your best advocates face-to-face.
  1. VIP’s– The most important people you know that you don’t have an opportunity to see face-to-face should be contacted at least monthly by phone. Cordial discussions and business updates are great conversations to have.
  1. The Masses– Be sure to have a default contact campaign for everyone else. Sending a generic e-mail once a month and a direct mail piece monthly ensures these people remember to refer prospects to you. If you have the opportunity to send information about Real Estate Market Trends, or interesting real estate related articles, it’s great. If not, anything counts, including remembering birthdays, anniversaries, holidays, etc.

Maintaining regular contact is key to continuing to grow your business year-after-year. Be sure to make a list of everyone you know and take advantage of these valuable relationships at every opportunity.

Filed Under: Blog, Cup O' Joe, Relationship Management

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Joe McAuliffe is a business consultant and strategist who has spent his career working alongside the country’s top real estate and luxury real estate organizations, including Sotheby’s International Realty, Christie’s International Real Estate, and Coldwell Banker, as well as wealth management advisors and attorneys.His work developing strategic initiatives also spans Fortune 500 companies, including AOL-Time Warner, Fortune Magazine, MIT, Oracle Corporation, Martindale-Hubbel, Lawyers.com, and USA Today.

Joe is also a frequent guest speaker at leading real estate and wealth management industry events.

When Joe built his approach for real estate, he adapted strategies proven with corporations and high-net-worth clientele into a focused, rifle-shot methodology designed for agents, teams, and firms. His private consultations zero in on the exact activities that move the needle, helping clients achieve both personal and professional goals with far less wasted motion than a generic coaching program. Joe is also a frequent guest speaker at leading real estate and wealth management industry events.

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