Why 90% of Your Appointments Come From Follow-Up
Most agents lose deals not from bad leads, but from never following up. Here's the low-tech system that fixes it.
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Are you losing deals because you’re too busy to follow up with your leads? It’s one of the most common ways agents lose deals they could have closed, and the fix is simpler than most of the tools we throw at it. Here’s a quick, repeatable system to stay in real communication with the people who already told you they’re ready to buy or sell, so you convert more of them into transactions.
The mindset comes before the system. Most of us carry a “yeah, I’ll get to it” attitude toward follow-up. A client gives you their name and number, it feels good in the moment, and then the call never happens. It ends up on a scratch piece of paper or buried in your phone, where the technology hides it from you. The shift starts here: roughly 90% of the appointments you go on, buyer or seller, come from follow-up.
All the lead generation in the world, social media, prospecting, open houses, none of it matters as much, because the appointments you actually run come from people you’ve already met and stayed in contact with. If you want to go on more appointments, you have to treat follow-up as critical, not optional. We’re in a sales business, and contracts are signed during appointments.
Hunt like a lion. The mindset that changed everything for me was picturing myself as a lion. Think of the safari, a lion walking the plains, and it’s time to eat. When a lion hunts a herd of gazelles, it doesn’t chase all of them at once. It locks onto one, maybe two, and pours all its energy into making that hunt successful. Your follow-up should work the same way. The mindset is always, “I’m a lion, and I need to eat. Where’s my next listing contract? Where’s my next buyer contract?” Some of you already know exactly who that is. That’s the person to focus your follow-up on.
Why a low-tech system beats your CRM. If you want to get efficient at anything, you need a system, and the best one I found for leads actively looking to transact wasn’t software. It was note cards. Whenever I was telephone prospecting, holding an open house, or just out and about and met someone, I kept a stack of note cards with me, rubber-banded around them.
When a conversation was worthwhile, I’d write down their name, address, and phone number, and that stack became my most prized possession. You bring it everywhere. On vacation, in another country, on the couch watching your favorite show, you can always find a 5, 10, or 15-minute window to pull out your quality leads and call them. No technology hides them from you. No circumstance does either.
The two-card system: hot and warm. What earns a spot on a card? It’s a two-prong approach with two separate styles. The first is a hot lead, someone who’s going to do something in the next zero to 30 days. You know they’re hot when they can answer three questions: when they want to do it, where they’re going when they do, and why they’re moving. When, where, and why are all answered, that name goes on the hot card because it gives you instant access to dial them fast. The second style is your warm leads, people looking to do something this quarter, in the next 90 days. Keep those moving, too, but the hot cards are the ones that go everywhere with you.
Don’t let bad leads hide the good ones. Here’s the golden rule: bad leads hide the good leads. Agents tell me they have a thousand or two thousand leads in their database. No, you don’t. The best agents in the country are often carrying maybe three genuinely hot leads ready to transact, and they guard them like a lion that won’t let dinner get away. If you want more hot leads in your system, that’s a lead generation question: what are you doing with your social media, your open houses, your prospecting to create more people who qualify for a card because they have a when, a where, and a why?
What to do with everyone else. Everyone who isn’t hot or warm stays in your database, and you keep building it. You drip on it, send birthday notes, and keep people informed of market changes, because even small shifts can have a real impact on their investment. But the hot ones, the people ready to move in the next 30 days, you keep on you. They become like your wallet, your car keys, your cell phone, the things you never leave the house without. Do that, and the excuse of “I didn’t have time to call my leads back” disappears completely.
If you found value in this and you’re ready to take your real estate business to the next level, let’s talk about building the business of your dreams. Call or text me at 909-351-5105, email me at support@pakhomerealty.com, or visit blog.pakhomerealty.com. I’d love to help you turn your follow-up into your biggest source of contracts.
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