The rules around cold calling may be changing, but one thing hasn't: property practitioners still need to find sellers and secure mandates. The question is simply how they get there. A Prop Data poll found that the real estate community is increasingly turning to social media marketing (19.5%), property portals (13.9%), and repeat or past clients (13.6%) to uncover new listing opportunities. Here’s why these three channels are proving popular and what makes each one a valuable prospecting tool.
Social media platforms are a useful alternative because they allow practitioners to put their listings, expertise, and local knowledge in front of potential sellers without relying on unsolicited calls.
This inbound strategy can reduce reliance on cold calling by connecting practitioners with potential sellers who are already engaging with their content. “It’s almost an automatic opt-in for people who follow either your business page or personal page, so it is more of a softer landing, so to speak,” says Donovan Melville, Principal of Badger Properties. However, practitioners should take care not to assume that a social media follow automatically satisfies every consent or direct-marketing requirement.
Here’s how to make the most of social media marketing:
Coming in second, property portals give practitioners a way to reach potential sellers at the exact moment of high intent. With homeowners already browsing listings, researching prices, and keeping an eye on local activity, practitioners can showcase their brand and expertise to people who already have an interest in property. Because the seller initiates the interaction by enquiring through your active listing or portal profile, these leads are generally warmer and more receptive to a follow-up conversation.
Here’s how to make the most of property portals:
Coming in third, repeat and past clients can provide a valuable source of opportunities because practitioners already have an established relationship with them.
Staying in touch with previous clients can help practitioners identify future property needs, stay top of mind, and generate referrals, although normal direct-marketing and opt-out requirements still need to be considered. By continuing to nurture existing relationships through personal check-ins, annual property updates, and useful market information, practitioners can build a self-sustaining pipeline without relying solely on cold outreach.
Here’s how to make the most of repeat or past clients: