One of the most effective ways for agents to build a real estate sphere of influence is by developing a business-to-business marketing network who’s members refer business to one another for mutual benefit. ย Due to the nature of their ย industry, real estate agents have more business to refer than people who work in other industries. ย A REALTORยฎ is typically charged with finding a number of referrals for to meet a client’s needs, so it is only natural that an agent would initiate a referral partnership program as a means of expanding his or her real estate sphere of influence too.
Video – The Real Estate Sphere of Influence B2B Program
Watch as top producing agent Jennie Wolek from Tulsa, Oklahoma reveals the components of her business-to-business (B2B) program she uses to build her real estate sphere of influence and sell 150 homes a year in this video.
Also be sure to join Jennie Wolek’s Facebook Group “Your Journey With Jennie” to learn more amazing ideas about growing your real estate business.
The B2B Program Covenant:ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย Get the Book!ย
This covenant serves as a non-enforceable yet documented agreement between two business leaders who strive to expand each otherโs reach for opportunity and clientele.
The ABC Real Estate Group aims to lead the way within our local community with a goal of being trusted and known by its clients, peers, friends, and associates as the business connector for those in need of the best products and service providers in town.ย Our preferred business partner relationship must meet our expectations and guidelines with regards to facilitating a world-class experience for our clients.
This relationship is built upon mutual trust, integrity, and commitment.ย We commit to lead by example by taking an active role in developing our business relationships and creating value with our Preferred Serviceย Partners (PSP) which is designed to increase their business.ย We accomplish this in two ways: 1) consistent communication to maintain our relationship and 2) executing our 5-Star Growth Planย for our business partners and friends.
5-Star Growth Plan for Preferred Service Partners (PSP):
- Video Interview (produced and funded by ABC Real Estate Group)- shared on Facebook, YouTube, multiple websites and emailed to our database. Please share your client list with us and we will send to them as well!
- Invites to our client parties, events, and PSP networking events.
- Contact information added to our PSP tab on our website and video blog.ย We will also regularly promote your business on Facebook and share any offers or discounts for your business.
- Your contact information and logo on our quarterly PSP postcard sent to our database of over 1000 local homeowners.
B2B Growth Script:
You: ย Hello (Their name)! How are you doing?
SOI or B2B: ย Great. How are you?
You: ย Awesome! Thank you for asking.
You: ย (Their Name), the purpose of my call today is to ask you a quick question. I am finding myself becoming a resource to my friends and clients, like you, and I am often asked, โWho do you know that can help me withโฆโ This triggered an important thought…Why donโt I call my friends and clients and ask them โWho do you know, in any type of business that delivered a fantastic experience with a service youโve had?โ
You: ย So, I am asking you just that, โWho do you know, in any type of business that delivered a fantastic customer experience?โ
SOI or B2B: ย Allow them to respond.
You: ย Thank you (Their Name). What is it that you really appreciated about the service that (the recommendation) gave you?
SOI or B2B: ย Allow them to respond.
You: ย โDo you think it would be okay if you shared their phone number with me and I gave them a call?โ
SOI or B2B: ย Allow them to respond.
You: ย โGreat. Thank you so much! I will give them a call today.
You: ย Thank you again and please let me know if you need anything at all. Have a great afternoon!
Check out our latest article on Inman and download a free one page business plan.
The Seller Lead Sheet & How Agents Use One
How & When to Hire a Buyerโs Agent
Recruiting Agents When Youโre Already Too Busy
Pre-Listing Package Contents & Strategies
Buyerโs Agent Job Description
Real Estate Transaction Coordinator Job Description
Listing Presentation Scripts & Dialogues
Top 10 Real Estate Farming Ideas
Lead Follow Up Scripts & Methods
Open House Guest Lists โ Scripts to Get Them Filled Out
Ways to Grow a Real Estate COI Quickly
Inside Sales Agents on Real Estate Teams
REALTOR Database Contact Plans & Scripts
Realtor Vendor Databases: Scripts & Lists to Build Them
The One Page Real Estate Business Plan
How to Transfer Facebook Friends to your Client Database
A Real Estate Administrative Assistantโs Job Description
FSBO Prospecting Scripts & Objection Handlersย
Open House Scripts to Generate New Listings
Scripts for Buyers: How to Show Less Homes
Just Listed & Just Sold Real Estate Scripts
What to Say When Calling FSBO Sellers for Listings
Managing & Compensating Buyerโs Agents on Real Estate Teams
Easy Ways to Ask Your Clients for Referrals