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Lead generation is the name of the game. Who better to talk to then the expert himself? We are gonna be diving into lead generation and what you should be doing.
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The Listing Advocate (Earn more listings!)
Ladies and gentlemen, welcome to the episode of the Real Estate Marketing Dude podcast. Folks, we’re going to chat about today. We’re going to wrap up the year strong and talking about, guess what? More marketing, but more importantly, how you convert that marketing. So many people, especially in our space, throw a lot of money at stuff that make the ego feel good but don’t necessarily get the results at the end of the day.
00:03:05:02 – 00:03:20:19
Unknown
And yet, as you guys, you know what I’m talking about. You know exactly what I’m talking about. Biggest complaint I see is, social media doesn’t work or these ads don’t work or this hasn’t worked Well, most times it’s human error. It’s not that it doesn’t works. They work for somebody, but they’re not working for you. So that’s not a bad thing.
00:03:20:19 – 00:03:38:05
Unknown
Just means you need to learn how to do it right, Need to know how to do it more. Quit being so damn creepy online and all that fun stuff. So that’s we’re going to be chatting about today is lead generation. So we brought on the expert himself. They call him Lead Gen J, and he’s going to talk to us about best practices, specifically to your space.
00:03:38:05 – 00:03:56:20
Unknown
So go how to take notes, pay attention and we’ll get right into it. J What’s up, man? How are you doing? In wants to run a little bit about who you are, what you do doing well. Appreciate you having me. Jay Feldman, also known as Lead Gen Jay on YouTube. So actually run a very successful PR agency full time.
00:03:56:20 – 00:04:19:03
Unknown
We have 72 employees across two different offices, so I know all about what you’re talking about with the fluff that that feels good but doesn’t necessarily generate it leads the personal branding, the social media stuff that everybody thinks they need to do in order to get clients. But my superpower as a as a founder and as a CMO is really generating leads for my agency.
00:04:19:05 – 00:04:41:06
Unknown
And now I teach lead generation to thousands and thousands of people in my private courses, communities and my YouTube channel. So hopefully we can give back to some of the realtors, lenders that are watching the show and maybe teach them a different approach for generating leads that they may not have heard of before. I’m very familiar with with the work I’ve worked with a lot of realtors before.
00:04:41:08 – 00:04:59:23
Unknown
And yeah, you know, social media is not the magic bullet. This might be for them. So I’m looking forward to getting them back this way. Well, let’s get into it. Like, let’s just start from the basics. Let’s make this very elementary and I will get into the nitty gritty towards the end here. But at least in real estate space, what’s the biggest issue?
00:05:00:00 – 00:05:23:20
Unknown
I have my own opinion, but I’d like to hear yours. Where do people go wrong first? Because that’s usually where it starts. It’s like at the beginning that they screw up and once you screw that up, you can really build it back up. Is that the target biggest? Is it the offer? What is it? Yeah, I think the biggest struggle that realtors deal with is kind of the same struggle that insurance salespeople deal with is that there’s not a lot of differentiation in what they’re offering.
00:05:23:22 – 00:05:42:24
Unknown
So people tend to go with the ones that they know, like antitrust first. So that’s one big challenge that they have to get through. And that’s where the personal branding and the social media really comes into play and the networking. So I do think is hugely important for realtors to do those things. I’m not discounting any of those things.
00:05:43:01 – 00:06:03:15
Unknown
So I think that’s the biggest struggle. But the second struggle is awareness reaching out to people who might be selling homes, letting them know that you exist. And if they’re not selling a home right now, it might be in the future and they might not have a realtor that they know like and trust. So that’s really where lead generation and outbound lead generation, which is what I do, comes into play.
00:06:03:15 – 00:06:21:24
Unknown
The awareness aspect. I go back to the differentiation and you’re right, and we say this on we might say this every week, if not every other week, but I always ask people, I see a lot of branding and yeah, you know, figure out some would be like, Hey, Mike, who am I? You know, I’ve got to figure out how they market themselves, not what the what’s easy.
00:06:21:24 – 00:06:37:00
Unknown
It’s the how that people got to figure out what’s actually going to get impacted where people can remember. And no one can ever answer that question because I’ll be like, ask, what is the one thing you do differently and what the the wrong answer is. I want to look out for the best interest of my clients. What you should look out for the best interests of your client.
00:06:37:00 – 00:06:51:12
Unknown
If you’re a good person, that’s not a value proposition. And why do people struggle with that so much? Because, like, if you’re a writer, you’re just a commodity, especially in the real estate space. This is the same in the law space. You guys. I’m doing a ton of content in the law space right now, so exact same thing.
00:06:51:12 – 00:07:12:04
Unknown
The attorneys don’t know the difference between themselves and somebody else. So what? How do you help people do that? Because I agree with you. I think if you’re not different, you’ve got to stick out. Everyone’s the same. Everyone in their mother’s a realtor. You trip over one, go to the mall. So how does someone get past that? Because I think that’s the key personally.
00:07:12:06 – 00:07:39:22
Unknown
Me too. And that’s a really hard challenge to do because something that one person can use to stick out really can’t be replicated over and over again. So people struggle to figure out what it is that’s going to separate them from somebody else. I mean, you look at some of these giant shows, you know, selling Sunset, like what separates them, yet they get the social media presence If you list with them they’ve they it’s automatic clout and their chances of signed at home are higher because they come with all of that that clout in social media pool.
00:07:39:24 – 00:08:03:15
Unknown
And I think that’s why a lot of realtors do gravitate toward the know like and trust method because they don’t there’s nothing different about them. What’s different about them is that the person that’s hiring them knows likes and trust them. So you asked me some ways that realtors can stand out. I think social media is a good way to do that, especially if the homes that they’re selling are people that care about that.
00:08:03:17 – 00:08:22:23
Unknown
For example, we’ll do a we’ll do some videos, some collaborations on the sale of the home, maybe feature you on the social media platform. But you probably know that that question a lot better than I do. You know, what are some of the different things that realtors can do to stand out and differentiate their offer? What are some of the things that you teach in order to differentiate?
00:08:22:23 – 00:08:42:04
Unknown
Because it’s like you said, I take care of my client is not a good differentiated differentiation point that gets overlooked. Just like everything else that everybody says. I like differentiating through brand. Unless you have a unique selling proposition and 90% don’t, if you have a unique selling proposition, it’s going to be different levels of service that you can stand out with.
00:08:42:04 – 00:08:59:22
Unknown
So we used to have a program called The Owner Advocate where we gave people up to five options to sell their house. We gave them a cash offer, a fixed and list program, a bridge loan option sell instead, which is basically just a leaseback and then the traditional listing. So what made us different and that was our service and our process.
00:08:59:24 – 00:09:19:17
Unknown
So there’s other offices that do that. What makes someone different in real estate in general could be a flat fee office, a flat fee service as opposed to a five or 6% commission. It could be the fixed interest list program, for example. That’s a very sexy offer, but most people don’t do that. The only other way to differentiate is through brand.
00:09:19:19 – 00:09:34:18
Unknown
So if you can differentiate through brand, it’d be like, let’s just say I love when people give back. I used to do a lot of those. I had one guy in particular comes on top of my mind that used to sponsor and rescue a dog with every house he sold. So he never sold houses? Yeah, he never sold houses.
00:09:34:18 – 00:10:04:07
Unknown
He saved dogs. The house was just the result of him saving a dog’s life. And that’s easy to market because people care more about animals than they care about fucking human beings nowadays, right? So it’s like. But that’s that makes them different, right? So some other things that I can think of that law firms did this actually you mentioned in law firms, if you operate with that law firm, they get special membership access to some of the things in that city that the law firm does parties that are private club.
00:10:04:09 – 00:10:23:10
Unknown
So that’s and that’s cool and yeah maybe the realtors can do real estate agents can do and really it comes down to creativity. I don’t have a straight answer. We have a law firm right now and it’s great. That’s what makes them different are divorce family law. And their tagline is, Have you ever argued with a woman? And they’re an all women run law firm.
00:10:23:12 – 00:11:04:02
Unknown
It’s fantastic. They all do divorce. That’s good marketing. Great marketing, like, you know. So, yeah, you either do it through the USP that you offer. So you’re doing things different than 99% as either cheaper or more creatively, or it’s your personality, your personal brand, 100% agree with you. And if you have a unique USP, then the cold outreach and the awareness part gets much easier because people will remember you and they’ll be much more likely to convert on that outreach as opposed to just a Joe Schmo realtor reaching out to somebody via a cold email or a DM saying, Hey, I’m a local realtor.
00:11:04:02 – 00:11:22:05
Unknown
You know, if you’re selling your house or you know anybody, let me know. Your chances are going to be slim to none. And getting a response to that. So yes, brand works and then your unique USP. Absolutely. How about the awareness side of it? You guys actually go out and like, find these people right? Or walk me through.
00:11:22:07 – 00:11:37:02
Unknown
So if you have your if you have what you got to do, this is like step one. Would you agree? Like got to figure out what you do differently, what your USP, what do you what’s your offer essentially. And then I want you to stand out in a crowded marketplace. Perfect. Everybody should think about that. You can try and win on price.
00:11:37:02 – 00:11:53:13
Unknown
You can try and win on luxury and brand, but figure out what you’re going to win on and then compete there. Now, let’s just say I have that figured out. What am I going to do next? So now I need to let people know what you do and how you do it. And that’s the awareness portion. So this is where a lot of people struggle.
00:11:53:17 – 00:12:16:19
Unknown
I mean, it’s kind of the both of them are very hard, you know, What do you do? What separates you? And then how do you actually get people into your pipeline? So there’s a lot of different ways to do lead generation, to do outreach. A lot of people gravitate to social media because it’s free. Creating content and getting people in organically is obviously a great way to establish rapport and get free leads, but that’s hard to do.
00:12:16:19 – 00:12:35:12
Unknown
A lot of people struggle with generating a following on social media, and it’s a little bit unpredictable. There’s hand-to-hand combat where you’re going through your Instagram, DMS and messaging people over and over again. But what I do is I scale that up, so I figure out ways to do that at scale. So you’re not sitting there DMing people over and over again.
00:12:35:14 – 00:13:04:00
Unknown
We set up systems so that you can reach out to people hundreds or thousands per day that either are a good candidate right now or possibly will be in the future. And how are you? Is that through socials, out through all of social media? We reach out to people, through social media and email. So some of the best social media platforms that we use that allow you to send good automated messages to targeted users that are going to be interested is Twitter and LinkedIn.
00:13:04:02 – 00:13:27:06
Unknown
And there’s a few tools that you can use within those platform, such as Drippy for Twitter or Meet Alfred for LinkedIn, where you can find people, you know, in specific communities, people who have homeowner in their bio or have already been tagged homeowner by some other platform. So social media, you can automate those messaging, you can get 100 messages out per day spreading that awareness.
00:13:27:06 – 00:13:44:08
Unknown
Obviously, this works much better if you’ve got an established brand and you’ve got a unique USP. Again, if you’re Joe Schmo and you’ve got a bad profile picture and you’re reaching out with a generic offer, it does not work. It’s almost a set up. That’s why you got to have that upfront because that’s just what you do with it.
00:13:44:10 – 00:14:03:11
Unknown
I’ve never had anyone ever in the last nine years since I had a show mentioned Twitter before. I’m sure you get that a lot right. So let’s get a lot of people are doing let’s let’s get into well, now X so let’s get into that like talk to me about that because I always see I always seen on Twitter like the number one response you see is, it’s the worst ad platform out.
00:14:03:11 – 00:14:26:16
Unknown
Everybody. I’ve never converted leads off of there and that’s typically b c but you’re you’re it’s kind of like you’re messaging people through Twitter. You’re not going after like, tell me I’m curious. So you mentioned Twitter’s the worst ad platform. I’ll say right now, that’s where our our best our allies are. So where we’re spending money on Twitter ads right now, I think since all of the big brands pulled their ad budgets from Twitter, it’s just become dirt cheap to get.
00:14:26:16 – 00:14:46:10
Unknown
That is interesting. So like with what’s go and if you guys haven’t been following the news like get out of the whole year and first it’s been pretty obvious that the major brands if it is new to you like the major brands for whatever political reasons are fighting about today or pulling out because they’re fighting and they’re being you know, they’re just being big babies about shit, bottom line.
00:14:46:12 – 00:15:04:20
Unknown
So they’re pretty much they’re pulling they’re pulling their money out. And then you’re saying because that space is open, because there’s only so much real estate in ad space, you guys, there’s a scroll, okay? And what you’re really buying is you’re buying no differently. Like, people don’t know this, but if like, if I’m buying a billboard on a highway, there’s only one billboard.
00:15:04:20 – 00:15:19:17
Unknown
That’s why it’s so damn expensive, right? Then they can’t. Then they created the video billboard so they could put 40 images on there and interchange them. So it became a lot more affordable. But in social, like if there’s a lot of people trying to reach the same people, then it’s harder and it’s more expensive. Get your message seen.
00:15:19:19 – 00:15:41:05
Unknown
And a lot of those big dollar peoples what he’s saying right? The big dollar companies have pulled back apples the Disney’s Yeah and there’s a lot of free space there that you’ll get more exposure for that is so interesting I’ve never even thought about that. Yeah in fact in the last week Neil Patel released a video. He says his agency right now is focused entirely on Twitter ads.
00:15:41:07 – 00:16:00:20
Unknown
We’re getting clicks on Twitter for like $0.12 for PR agency ads. So if you’re not advertising on Twitter and you’re listening to this and you’re running an agency and you’re running social ads, get out there and spend some money, I guarantee you make an ROI even if you don’t know what you’re doing. It’s just so cheap to to get views and clicks on Twitter right now.
00:16:00:22 – 00:16:16:11
Unknown
But that is separate from what I was talking about with with doing the outreach. We’re about to go in a big rabbit hole right there. I might talk to you about that. Yeah, a little little sidetracked, but definitely a good one. I think that’s for anyone to have you back to talk to it. Yeah, that’s. That’s dope. I’m going to check it out.
00:16:16:13 – 00:16:37:22
Unknown
All right, Carefully check it out. So Twitter, Twitter, messaging, essentially with tools like Drip, you’re able to filter hundreds of thousands of Twitter users out through multiple different filter categories. Like what words they have in their bio, who they’re following their location, and then you’re able to send them Twitter messages. You need to be verified on Twitter for this, which now is like 12 bucks a month.
00:16:37:24 – 00:17:01:19
Unknown
And you can send them hundreds of Twitter messages per day, get straight into their Twitter inbox in initiating that conversation. Hey, Mike, do you happen to own a home in Tampa? No. Cool. It conversation’s over. The one out of five that you message that say, yeah, you know, I do. Now you have a conversation. Now you have a lead in your pipeline that’s either going to be selling or buying now or might be in the future.
00:17:01:21 – 00:17:23:07
Unknown
So different ways to connect with people at scale. And Twitter is a good and under-utilized way to do it for people who are listening to this. And I’m like, This sounds like, you know, LinkedIn. I get a ton of spam messages on LinkedIn every day. A lot of actually my next question. Yeah, a lot of people are doing this on LinkedIn, not so much on Twitter when you get I was going to say is on Twitter, it’s a little bit more it’s probably wide open.
00:17:23:07 – 00:17:42:20
Unknown
The mailbox is on Twitter and I’m thinking about probably wide open because like people don’t typically, I’m guessing, engage on Twitter through like messenger, like they do on Facebook or Instagram or LinkedIn. When you’re spammed like every other hour feels like right, wide open and under-utilized. Not a lot of people are doing this right now, so which means an open opportunity.
00:17:42:22 – 00:17:59:08
Unknown
So like, does this look at the theory here though? Like what we’re talking about is we’re trying to go where no one else is, you guys. And that’s like the fundamental rule of any marketing, like we’re talking about sticking out. We can only stick out. Just like in your brand and your USP, you could stick out to where you show up to someone else.
00:17:59:08 – 00:18:21:08
Unknown
If you go where nobody else’s advertising gets much cheaper. If you try and advertise on Google ads for people buying or selling at home and your location, you’re going to be competing against everybody else who has a typically a much larger budget than you probably do as an individual realtor or lender. So going where the unknown is going, where people aren’t spending a lot of effort is going to save you a lot of money.
00:18:21:10 – 00:18:37:01
Unknown
Now, just a side note, I want your personal opinion on this. Do you think Twitter can on a social aspect, because it feels like a more of a news site, do you think it can compete like on a social aspect, like with Facebook and IG? And to that extent, in my opinion, I don’t know if it ever has.
00:18:37:01 – 00:19:00:12
Unknown
I’ve never been a big Twitter consumer. I’ve never been in a Twitter scroller. And it seems like the people who are, you know, political journalists, reporters, yeah, it feels more newsy. It feels more newsy and it feels like a social platform for news people and for politics, not for the general consumer. But I do know a lot of entrepreneurs who are pretty big on Twitter and swear by it.
00:19:00:12 – 00:19:30:00
Unknown
And I don’t know if you’re familiar with Alex Ramsey. Yes. He’s got a massive Twitter following. Black are called email wizard, massive Twitter following does something similar to what I do. So the opportunity is there. Obviously, people are spending time there, but I’ll be honest, it’s not my platform. Interesting. Okay. So talk to me about these messages sort of reaching people and with the services that like, is it a bot, Is it and how many people can you reach out and then do you have numbers?
00:19:30:02 – 00:20:00:03
Unknown
Yeah, Twitter, you can head about 2 to 300 per day based on how established your Twitter account is and how many people are in your pool. Yes, it is a bot. Obviously, you write the messages that are going to be sent and a lot of these tools now do incorporate as well. So for each of these messages you can run a chat bot prompt based on what’s going on in their bio and generate, generate, generate a personalized word or phrase that will make it a little bit more personal to them.
00:20:00:05 – 00:20:15:04
Unknown
And what are people often like to think of a real estate? They’re just you’re starting a conversation. Hey, do you own a house? Like, what’s the it’s really I mean, you’re throwing astonished at the wall, so I’m going to stick like I’m a big fan of cold calling. You know, I hate it. It works. It works. It works.
00:20:15:04 – 00:20:34:22
Unknown
All right. You know, And if you try enough, here’s a someone. I bought this new platform I’m running my ads with. It’s called EBU. Guy named Vince Reid has it and he has he he said something in his training that really stuck. And I think this will help you guys. He goes, If you want to sell more shit, you need to make more offers.
00:20:34:24 – 00:20:55:22
Unknown
Yeah, I’m going to. I’m like, Dude, I know sometimes one will stick. If something’s working a little bit, do more. You’re typically going to get more even with the it, right? Yeah. Even with the worst offer, someone will bite. And then ideally over time, you optimize your offer, you optimize your targeting, you go from a 1% reply to a 3% reply and you fine tune.
00:20:55:24 – 00:21:24:15
Unknown
But you mentioned what do you say in that message for this for the real what’s for example, assuming that you’re targeting a reasonable audience, meaning you have the location down there? Homeowner You’ve been able to do that with the filtering technology. I would leave the open ended. Hey, nice to meet you. I’m whatever we’ve got at this in common, I do wanna do on a homeowner in Tampa Bay leave it open ended yes or no or if they say yes and they’ve got an opening to go have a conversation with the lead.
00:21:24:15 – 00:21:42:18
Unknown
Who’s talking to you? And you can build that relationship for now or for later. There’s also some other strategies giving them lead magnets. For example, if you’re a lender and you can give them some kind of like lending calculator or something that they might opt in for and find useful. That’s something that I use a lot in my business.
00:21:42:18 – 00:22:00:15
Unknown
I can’t think of any good lead magnets for realtors off the top of my head right now, but I’m sure they exist. Could probably be like a new construction homes list is usually what people do off market lists. Off the market? Yes. People will say, well, it’s not on the MLS because you couldn’t find anything on Zillow nowadays.
00:22:00:15 – 00:22:15:07
Unknown
So you got to have something that’s not like online. But usually that’s what I see, something along those two lines. I would click on that too. Someone sent me an off market list for Saint Pete, even though I’m not now buying or selling a home right now. I mean, I just want to see what it is, right? Yeah, absolutely.
00:22:15:09 – 00:22:35:13
Unknown
Verdad. You know, I think the biggest problem too, and this is for me too. I hate selling dude like and I think most people, I feel like they feel that as well. Like I don’t want to be on a soapbox like cold calling or reaching people or messaging people. However, I could pick up the conversation once they do right, and if someone raises their hand, I’m more of like a permission based person.
00:22:35:13 – 00:22:52:08
Unknown
I’ve always been like, I can’t infiltrate. I was terrible. Cold calling was terrible at like just selling than general, more salesperson and a lot of people in real estate struggle with that. But this is like a way that you could automate that and, and, and get rid of that terrible part of the coldness sounds like it’s exactly what that is.
00:22:52:08 – 00:23:10:01
Unknown
We had a cold calling team and God bless their hearts, they’re spending all day, hundreds of calls and a couple of them are interested in everybody else’s pissed off. They have to deal with all of the pissed off ones and they’re spending time on the ones that are pissed off. This is the way to not do that. Automating the outreach really is like what you said.
00:23:10:01 – 00:23:28:13
Unknown
It’s waiting for somebody to raise their hand and say, I’m interested. The ones that don’t raise their hand, you don’t even know it exist. They typically don’t even make it through the pipeline to you. So it’s a really good strategy for people like you’ve mentioned who don’t love selling and doing all of that outreach manually, 99% of them.
00:23:28:15 – 00:23:46:11
Unknown
How do you target people, though, on this platform? Got so Twitter, you’re a little bit more limited. So you we’ve got words that are in there, but we’ve got who they’re following, who’s following them, and we’ve got interested. There’s a subscriber vibe too, So there’s a couple of different ways that you can target on Twitter. LinkedIn is much more open.
00:23:46:12 – 00:24:04:24
Unknown
You know exactly where they’re living. You can target very specifically, you know, companies, job titles. So if you’re looking for high net worth people in your city, LinkedIn is going to be an easy way to find those people. If you’re doing cold email and you’re using a B2B database, such as a Palo Alto, you can do the same thing as LinkedIn.
00:24:04:24 – 00:24:25:13
Unknown
You can hyper target by people in a specific location. They’ve got buying intent data. So people who are looking for homes and then there’s scraping tools like IG leads, dot IO, where you can literally scrape homeowners in your location. So a lot of good resources out there to find the right people and it’s never going to be 100% accurate.
00:24:25:15 – 00:24:46:07
Unknown
Yeah, but the goal is to get accurate enough to get people to start raising their hand up. I like it. What else you got? I get it. It’s taken out. So that’s a good a good sign. Something you haven’t done here before. So the other thing is how do you get as many messages out as possible without burning out your list?
00:24:46:09 – 00:25:14:01
Unknown
So we mentioned Twitter as a as a resource. LinkedIn is another good one for automating LinkedIn as a tool that we like to use to automate. LinkedIn is called Meet Alfred. You’re able to essentially get out hundreds of messages per day to people who are in your groups and your events. So as opposed to traditional methods, just connecting with 30 people per day, which is their limit, hoping that they accept it, sending them a message, these tools will actually go right into their inbox.
00:25:14:03 – 00:25:33:11
Unknown
And LinkedIn is really cool because you’ve got all this targeting mechanisms and you’ve got a much more built out profile. So people can see your profile, picture your banner, your banner, exactly what you do, where do you live, and if they see someone connecting with them from their city on LinkedIn, good chance that they’re going to connect and have a conversation with you.
00:25:33:13 – 00:26:04:16
Unknown
Usually on like the personal stuff, like you’re at the same college, you’re the same exact industry, you’re in the same fraternity, even like you could. You could probably target people that way if you want to go really deep. Obviously that would work at university. Yes, university like so yeah, might be way too small. Interesting. Cool. Now, when somebody reaches back though, don’t say aren’t they sort of like, hey, I’m this is like old and then you pick up the conversation like, do you?
00:26:04:16 – 00:26:26:03
Unknown
I could see why you have the lead magnet because a lot of people like what I do next. hi. You want a house? Okay, so now what? Great. Right? If I’m lead magnet definitely makes a little bit easier. It makes it more enticing, but now it becomes a sales job, not a prospecting job. Yeah, it’s building a relationship with that person, putting them in your pipeline for now or later.
00:26:26:05 – 00:26:44:10
Unknown
But once they’ve raised their hand and said, Yeah, I am exactly who you hoped I was, I have at home, this is where I live. I’m buying or selling. Now you can start to build that relationship enough to waste your time doing the outreach. Now you’re closing. Yeah, maybe retargeting you could be following in other places. I like it.
00:26:44:12 – 00:27:04:03
Unknown
What kind of costs is something like this running like because I’m thinking I used to have a team of cold callers. I know how much they costs. Like, what is this? Let’s just say I’m like, All right, I’m sold. I want to do something like this. How much data do I need? And my dealing with like 10,000 records of people I got to find my.
00:27:04:09 – 00:27:24:20
Unknown
And then how much, you know, like, how much does cost? Like, is there what’s the budget like on this? Let’s go over some of the pricing and expectations for each of these platforms. So they’re each a little bit different breaking them down into Twitter, LinkedIn and email are kind of the main three that we like to do. Our average Twitter, we’ve got 15 bucks a month ish for Twitter verified.
00:27:24:22 – 00:27:48:03
Unknown
We’ve got the software cost, which is about $59 per month, and that’s it for Twitter. Everything else is done within that tool. So if you’re comparing that to anything else for generating leads, it’s pretty absurdly affordable. Yeah. With LinkedIn, you’ve got Sales Navigator 99 a month and then you’ve got the tool, which is 89 a month. So less than 200 bucks a month.
00:27:48:03 – 00:28:06:18
Unknown
And now you’re doing hundreds of contacts automatically per day on LinkedIn. So if you’re doing all the above, you’re less than 400 bucks all in right now and then say you want it to do cold email outreach as well. This one is a little bit more complicated than, you know, setting up a tool and how can it to your account.
00:28:06:20 – 00:28:27:19
Unknown
That’s what I teach pretty in-depth on on the ginger YouTube channel. But what you’d be looking at if you want to do the email stuff is you need data. So you can either purchase it from a B2B lead database such as Apollo Audio or Zoom info that can be expensive. You can scrape it using a tool like IG leads you.
00:28:27:21 – 00:28:47:03
Unknown
You can scrape it from LinkedIn using a tool like scrap. But you’ve got to got to get that list of emails who you want to contact. Then you need to set up cold email sending accounts, which can be a little bit technical for a lot of people. You don’t want to send emails from your main email address. There’s a risk that the people who are receiving them will market as spam.
00:28:47:09 – 00:29:02:23
Unknown
And now, before you know it, all your general emails, the people who you know and do business with are going to spam. You do not want to do that. So always send from a secondary domain and a warmed sender account. We send those emails through a tool called instantly dating. I was going to I was going to ask you what you use for cold emails.
00:29:02:23 – 00:29:20:13
Unknown
I just had someone asked me a question the other day. No, no, it this is really good for like this. Like this sounds like it’d be really good for distrust. You guys, like, you could buy data all day from, like, people that are high in debt. Like, this is what we used to do. Like and if you have that, you could buy the emails.
00:29:20:13 – 00:29:40:18
Unknown
You could, you could literally locate the people who have to sell their house in the next ten months just because there’s no other financial option. But in addition, I think this is awesome for recruiting to be to be agent, agent, broker to agent. There’s probably a big, big, big thing there. Probably we use this for a lot of things outside of lead generation as well.
00:29:40:18 – 00:29:59:14
Unknown
Once you understand the principles of cold outbound, you can start to pivot this, to use it for lots of different use cases. Recruiting is one that we use it for. Influencer partnerships is another one that we use it for. Business partnerships is another one that we use it for. So lenders looking for realtors, we are looking for lenders.
00:29:59:16 – 00:30:32:06
Unknown
All of those are relationships that can be built using these same principles and tactics. I see why you’re creating leads, man. Smart, very smart. You remove cold call and you remove the friction and now you have a warm bond permission base. Follow up. Smart. Yeah. We had a cold calling team for a while. We had four people in house picking up the phone and compared to what we were able to do through automated cold outreach, it wasn’t even close to what the cold callers.
00:30:32:06 – 00:30:50:19
Unknown
You guys too, is a revolving door. Like it’s hard to retain a cold core. You might retain them for 90 days to maybe maybe six months, but then even then they’re going to get burnt out. And then even when they don’t, they start getting very expensive because the ones who are good know they’re good and then they start asking for more money and then it starts not making sense anymore as a business owner too.
00:30:50:19 – 00:31:11:02
Unknown
So and rightfully so, they should get more money for that kind of phone. But very smart dude. I get it. It’s very smart. I would talk to you when we think that’s up for about a couple of things. Any other thing you want to add here? We talked about amounts of data. I think that was another question. How much did you have actually need A do you have an unlimited supply of data?
00:31:11:02 – 00:31:36:20
Unknown
And if you live in a small town and you only serve the regions nearby to you and you can only find hundreds of people to do outreach to, this doesn’t work for everybody, especially if you’re restricted to localized small regions. But if you serve South Florida, you’re never going to run out of data. There are tens of thousands, maybe even hundreds of thousands of people that you’ll be able to find and reach out to at scale.
00:31:36:20 – 00:31:57:18
Unknown
And that does not increase the cost. And there’s always new people buying and selling houses. So as fast as you can reach out to them that is replenishing with data. So I would not let that be a concern. If you’re operate in a populated area now, if you’re a little bit more restricted and in a small town, this might not be a great outreach strategy for you.
00:31:57:20 – 00:32:13:18
Unknown
That makes sense. Yeah. I mean, there’s only so much data to go around, but yeah, I see it as a it’s definitely a once you have that niche and if you got data, I mean that’s where it starts out. The key here is that the ability to get the data, get the records and you need emails. And what about cell phones?
00:32:13:20 – 00:32:31:12
Unknown
Just emails. We’ve tried everything with the cell phones, voicemail drops, which is basically leaving them a ringing list voicemail. So they just get the voicemail on their phone and likely will call you back If you have somebody picking up the phone. Answering those actually works quite well as SMS messaging called does not work very well. People hate getting cold.
00:32:31:14 – 00:32:50:21
Unknown
SMS messages. I hate them. I hate them too. Yeah. So no. And how is it that stop? If too many people reply stop now, your carriers will cut you off and you can’t do it anymore. So SMS block messaging is essentially dead and then there’s cold calling. I’m still waiting for an I cold calling machine to be good enough.
00:32:50:23 – 00:33:14:02
Unknown
I keep getting propositioned by these companies to try their their new dialing bot their new to cold calling I they still suck. So yeah, you can use the numbers if you have a live cold calling team but we just mentioned how how difficult those challenges are plus this gets around all the TCP compliant shit like right. Is that a compliance issue for text messaging?
00:33:14:06 – 00:33:32:01
Unknown
There’s a lot for real estate, you know, like there is a lot like just a do not call list and all of that stuff. And there’s a lot of risk out there for people to pay. And I’m pretty sure that’s who goes around that. Yeah, I don’t think there’s any there is regulation for called email. It’s called the canned Spam Act.
00:33:32:01 – 00:33:49:22
Unknown
So there’s certain things that you need to have in your code emails. You need to have an address and you have a way to unsubscribe quickly. It can’t be a dopey bait and switch email. Yeah. So as long as you follow a few simple rules, you’re safe, you’re within legal bounds. And I do not think there’s any legal limits about social media messaging.
00:33:49:24 – 00:34:09:21
Unknown
There might be limits and restrictions based on the individual social media account. So, for example, on Twitter, if Twitter catches you doing it, you might get a Twitter account suspended. But there’s nothing legal that you’d be implicated in that I know of. And to this day, I’ve operated hundreds of these accounts and I still haven’t had any issues.
00:34:09:23 – 00:34:31:24
Unknown
Very cool, very cool way to how long you’ve been doing this. And what did you crack it? I’ve been in marketing for close to ten years and I’ve been doing a lot of automated messaging those entire ten years. And now I live and breathe this stuff. So always testing new tools. It’s a blast for me, especially with a lot of cool stuff coming around the pipeline.
00:34:32:01 – 00:34:49:24
Unknown
Very cool, man. Very cool. Why don’t you tell listeners you’re in the ship? Anything else you got? Any final tips you want to add once you tell them where they can learn more about you? I don’t think we covered a lot of that. I hope it was helpful for you. Your hope was helpful for everybody. If you do want to learn more about me, the best place to learn more about this content is my YouTube channel.
00:34:49:24 – 00:35:07:07
Unknown
Go to YouTube, type in lead Gen J. I’ve got deep dives into everything that I talked about here on that channel. Get a free course that you can enroll in, go through, learn how to generate leads that way. And if you want to send me a message, go to CMO J. Feldman on Instagram. Send it over there. But this is a blast.
00:35:07:07 – 00:35:26:15
Unknown
They hope I provide a value for some people. Yes, sir. And thank you guys for listening to other episode of the Real Estate Marketing Dude podcast. Folks, you guys know where to find us to visit our show, leave us messages and visit our new software referral suite. That’s WW dot referral suite wect dot com. That’ll teach you how to We’ll teach you anything.
00:35:26:15 – 00:35:44:18
Unknown
I’ll do it for you, but it’ll market your database, stay in front of them so you remain top of mind. Build a personal brand that people stop forgetting about and start sending you more clients. Appreciate guys less. Another episode we’ll see all next week, but thank you for watching another episode of the Real Estate Marketing Do Podcast. If you need help with video or finding out what your brand is.
00:35:44:24 – 00:36:04:20
Unknown
Visit our website at WW Dot Real Estate Marketing do dot com. We make branding and video content creation simple and do everything for you. So if you have any additional questions, visit the site, download the training and then schedule time to speak with the dude and get you rolling in your local marketplace. Thanks for watching. Another episode of the podcast will see you next time.