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Letters       Leads     Website Content      Expired Listing System

Real Estate Expired Listing Letter

A Good Real Estate Expired Listing Letter Is Like Money In The Bank

Admittedly, mailing expired listing letters is not hard. Still, many agents never take the time to pursue them, which is as far as I'm concerned like leaving money on the table for other agents to get.

However, all letters are not created equal.  One real estate expired listing letter is not necessarily as good as another, but in the end it can be argued that a real estate mail marketing campaign may be better than none.

Savvy real estate agents are farming expired listings to generate warm, responsive prospects by mailing real estate expired listing letters on a regular basis.  Agents who make mail out campaigns the focus of their marketing programs do quite well listing and selling properties.

If you're not a writer there are several "form" letter packs that you can purchase.  They're pretty easy to find by going to http://www.google.com  and typing in any of the following keywords:

real estate expired listing letter
expired listing letter
expired listings letter
farming expired listings
expired listing script
expired listings script
etc

Whether you buy or write letters yourself they must be good enough to compel readers to take action.  But that's no easy task, which is probably why some agents never bother to pursue expired listings in the first place.

Still, every real estate agent can benefit from working expired listings, as expireds are plentiful and the majority of owners will re-list their properties because they still need, or want to sell them; sometimes even more than before.

So, even while the real estate sales industry is changing expired listings won't.  Agents farming expired listings will continue having a constant source of prospects.  Expireds are and have for decades been a valuable resource for building a listing inventory.

Consistency makes perfect
Even though my granddaddy (yep, I called him granddaddy) wasn't a teacher, I learned from him that "if something is worth doing, it is worth doing right."  And the right way to market expired listings is to develop a plan and consistently work it. 

Sporadic activity will get you spotty and disappointing outcomes.  If you're able to plan and spend some time working your plan everyday you could have impressive results. However, if you're unable, or unwilling, to buckle down and apply yourself on a regular basis you might be better off doing something else.

Agents who consistently follow-up on expired listings the most are usually the biggest winners. Pencil it into your calendar and make it a habit. Do the same each day, each week and each month. 

Become robot like in your actions until it's a habit; one that can result in your earning enough money to pay the bills and eventually attain the lifestyle which motivated you to get licensed in the first place! Right?

Real estate expired listing letter options
There’s gold in expired listings, so you want to be aggressive and send letters out the same day listings expire.  Fiddling around for more than a day or two can have a huge impact on your conversion rate; a negative one!

But first you have to have something to send.  You could spend hours in front of your computer trying to write a good real estate expired listing letter.  But it's easier said than done, especially if it's to result in the type of response you want...and need.

Another option is to hire a ghost writer to write them for you.  I've hired two so far with significantly different results, one great and the other terrible! However, I will in all probability continue to use them from time to time.  It can be a little pricey, especially for a good writer, but it could be well worth considering. 

You can hire ghost writers at http://www.guru.com  and http://www.elance.com.  I'm sure there are other available services, but these are the only two that I have personal experience with, and can recommend them without reservation.

A third option is to purchase pre-written "form" letters. Pre-written letters are the perfect time saver and money maker, even for the most gifted writers capable of writing their own letters.

In conclusion, the more people you market your services to the more prospects you'll have, and the more listings you get the more sales you'll have.  Farming expired listings with a good real estate expired listing letter can do that for you.


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