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 Amy's Blog 
Tuesday, 17 November 2009
Many of you have recently been to a regional convention, a Mastermind, or the NAR Convention in San Diego. And it seems a lot of people are still seeking that magic pill that will blow open their business.

Earth-shattering news: THERE IS NO MAGIC PILL.

If you want to get more business, you've got to engage in more lead-generating activities. As I work with people across the country, I am hearing some of the very same things I have always heard, with a couple of caveats.

1. Get on the phone.
Every day, for at least an hour, and preferably two. You have to be talking to people! I tell my coaching clients, "Mail monthly and call quarterly." I even tell agents I don't coach, if you do nothing else, at minimum get something in front of your sphere and your past clients and customers every month that (a) reminds them you're still in real estate, and (b) lets them know you care. This can be an e-newsletter, a postcard, anything. Then quarterly, be in contact by phone with those same people! If you have 500 in your sphere/past clients list, take 10 weeks to call and then take 3 weeks off. That means you're calling 50 a week, or 10 a day. Use your contact manager to schedule your next call (in 90 days) and keep some notes from the call.

2. Handwritten notes.
In this disconnected, automated world, handwritten notes are increasingly more appreciated! Think about the last time you received one - did you feel special? Every day, set a goal to write two to five handwritten notes. Whoever you're interacting with - the bank teller, the dry cleaner, a prospect you met at an open house - will appreciate a note. Be sincere and concise with your message.

3. Facebook.
This is a new one, a feared one, for some of you. And guess what? It's here whether you want to embrace it or not. People are living on Facebook. Now here's the thing: you can't just put up a page about you, post updates about how you wrote another contract or are watching Grey's Anatomy, and expect business to come. Get a personal page, and then create a Fan Page for your business. Put your business updates on your business page and your personal on... your personal! You can invite your friends to become fans of your business page, and encourage them to invite anyone they know to share the link with their own SOI. Then be consistent with posting updates of value to your followers.
POSTED BY: Amy Stoehr AT 02:07 pm   |  Permalink   |  0 Comments  |  E-mail this
Friday, 06 November 2009
It's all over the news (read one of the articles here). President Obama signed into effect the extension and expansion of the homebuyer tax credit.

I know no one has asked my opinion of this. Frankly, it's a double-edged sword. For the sake of all real estate professionals hoping to generate more business during what is traditionally a slow time for many, this is very good news. Not only do first-time homebuyers get to keep taking advantage of the $8,000 credit through ratified contracts dated on or before April 30, 2010, but now homeowners of at least five years can get up to a $6,500 credit for making a purchase in the same timeframe.

The other edge of the sword: will we perpetuate the issue of people buying homes who really shouldn't be, and thus create more distressed property owners three to five years down the road? And further, will we as a country be lulled into thinking that increases in home purchases will solve the economic crisis?

Bottom line: we need more jobs in this country. With unemployment officially topping 10%, the highest rate since 1983, I believe job creation has to happen if we're going to recover.
POSTED BY: Amy Stoehr AT 01:30 pm   |  Permalink   |  0 Comments  |  E-mail this
Changing Lanes Consulting provides life coaching, professional coaching and team coaching to real estate professionals throughout the US and Canada

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Amy Stoehr
2046 Falcon Drive
Longmont, CO 80503
Office: (303) 682-1072
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Email: amy@changinglanesconsulting.com

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