As any truly effective real estate agent knows, customer relationship management is an essential key to success in the industry. Real estate CRM might not be a phrase familiar to those outside of the field, but as a real estate agent, it is crucial to the health and maintenance of your personal brand and business over time.
1. The difference CRM makes
The relationship one builds with their clients is a big part of what makes the real estate game an appealing and worthwhile profession. In a society where people are increasingly limited to digital communication, arguably at the expense of their face-to-face social skills, real estate remains an anomaly.
2. Go the extra mile and reap the benefits
There’s no denying that real estate is a high stress, high stakes environment. Fueled by frequent ups and downs, in addition to an unconventional work schedule, maintaining close contact with your clients not only allows them to trust you, but it also provides them further insight into the work you do and to appreciate how dedicated you are to finding them the right home or property.
3. Breaking it down
CRM can be looked at as a series of smaller individual processes. As an agent accumulates leads and contacts from marketing efforts, they will transfer this information in a customer relation management system that will store it. Although these systems started off mostly serving as a database, today they offer a lot more. Intuitive, easily customizable and widely accessible, the right CRM system can really be the difference between success and failure in the industry.
4. The feeling of being connected
The ability to sync business email accounts with a CRM program means that you can automatically add clients or prospective clients to a contact database as soon as the first communication takes place. It is about streamlining the process, allowing you to incorporate documents, emails and social media profiles. These systems also allow links to calendar events, buyer letters, real estate documents and online profiles to every client record. When utilized to its full potential, the right CRM system is basically like having a personal assistant.
5. Staying a step ahead of the game
Keeping on top of long-term projects is also an important part of the real estate agent’s job. It allows you to be proactive in addressing the transaction process and staying up to date. Whether that means listing appointment requests or listing home inspections and closing, these kind of features make sure that through reminders, or even automated emails, exceptional client service is provided every step of the way.
6. Flexibility to work on the go
Real estate agents spend a lot of time in their cars. Whether driving to show clients homes or attending open houses, it is a mobile profession that doesn’t involve a lot of static time at the office. A good CMR program will include a mobile application that can automatically sync client data to provide anytime access to records and related information. Essentially, this eliminates a lot of manual administration entries and allows you to spend more time actually doing your job.
7. Take control of your business and your brand
New competition is popping up every day. As the market becomes increasingly diversified, finding a niche is the best way to ensure your name remains relevant in the field. With today’s software, alterations can be made to meet specific marketing and sales needs, depending on your strengths and weaknesses. As the market changes or the needs of the client evolve, you can account for everything through your CRM system, allowing you to anticipate and avoid problems.