Transform Transform June 2014 | Page 6

6 Tips for Securing Referrals Daily Local economies can present a stern challenge to many real estate agents. This is the primary reason why agents should take measures that can help them keep a competitive edge in the market. For example, getting solid referrals is one measure that can help any agent get consistent commissions throughout the entire year. Marketing your services is a critical component of being a successful real estate agent, but you must also secure new referrals daily. Let’s examine six invaluable tips that can help you get more business. Offer a Unique Service There are hundreds of agents competing for business in your area. Offering an unique service is one easy way of getting maximum exposure in your target area. It will help you generate more leads. What is your specialty? Do you specialize in single family homes or multifamily housing? Are you working with an experienced mortgage lender who has access to flexible conventional funding sources and special government home loans? Are you willing to work on a reduced commission? 6 Your specialty can separate you from the competition. Create a brochure or flyer that features your unique service. Handing out this flyer or brochure at open houses will inform prospects about your unique service. Your prospects will be more inclined to discuss their needs with you and if they have family or friends with similar circumstances they may share your information with them too. Retain Relationships with Past Clients Retaining relationships with past clients is one simple method of getting referrals, but generally overlooked. Your past clients are always in contact with others who are in need of your services. They will be more than happy to give you new leads if you provided them with exceptional service. Periodical phone calls or emails will help you stay in position to get new business. Your past clients will be more than happy to give you referrals if you simply ask. Cultivate Relationships with Colleagues in Your Industry Building productive relationships with colleagues can help you expand your business.