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The Ultimate Guide to Real Estate CRM Lead Management

CRM   |   30 June 2022

The Ultimate Guide to Real Estate CRM Lead Management

 

Real estate sales is typically a high-volume lead game as one needs to generate the maximum leads to increase the conversion ratio and chances for acquiring genuine leads.

Generating leads is not the challenge here, as the market is quite booming, and there are always interesting homebuyers at a given point. The real challenge is filtering out good leads and engaging them with the right strategy.

To do this, a lead management process needs to be in place that helps sales reps with the entire process, from capturing leads across multiple platforms to scoring them. CRM tools have proved to be highly efficient in lead management, as they augment the entire experience while enabling improved customer service.

Enhancing the experience further is a real estate CRM designed especially for real estate business processes, enabling advanced automation capabilities in lead capture, lead qualification, and lead nurturing.

How does automation in CRMs improve lead management?

Automation plays an instrumental role in streamlining lead processes, reducing workloads, and eliminating repetitive work for sales reps. Let’s look at how a real estate CRM can improve lead management across various aspects.

Generate leads from multiple sources:

Generate leads from multiple sources

With automatic lead capture, your leads can be automatically sourced from multiple social media platforms, emails, website forms and more. All leads will be stored in a centralized database with proper tagging. Along with lead collection, CRMs like Sell.Do also offer seamless integration with ad data analytics platforms, like Google Analytics, to bring ad performance data to your fingertips.

Automated lead segregation:

Automated lead segregation

Leads will keep coming, and the more leads you get, the more overwhelmed you’re going to feel if you don’t know how to sort them.

Lead segregation is essential to identify leads worth pursuing and storing leads in a way that helps you pull up and engage with the right leads at the right time. Automated lead segregation in CRMs can segregate leads as per various parameters like personal details, configuration preferences, budget comfort and more.

With all the leads segregated and stored in a central database, you will always have the perfect leads to engage with for selling all types of inventories.

Automated lead qualification:

Automated lead qualification

You have the leads, and they are segregated as well. But how to validate them and start communicating with the right ones? The answer is lead scoring.

Automated lead scoring assigns scores based on predefined criteria that would validate the lead as Hot, Warm or Cold. This would allow you to quickly start engaging with Hot leads and avoid wasting time on leads with little to no potential for conversion.

Automated lead nurturing:

Automated lead nurturing

Once the communication is initiated, there can be multiple stages of engagement before the customer takes action (Like inquire about the homes, schedule a visit, pay the token amount), depending on the type of person they are.

During this time, your sales reps will need to send many follow-up emails, each with a distinctive message and value for the customer. Email templatization allows you to create pre-defined templates for various scenarios, enabling your team to be handy with content that may or may not need to be tweaked before sending out.

Conclusion:

Regular lead management tools are sufficient for an automated lead management process. But with a real estate CRM like Sell.Do, you get an entire ecosystem of tools that help you execute an end-to-end lead nurturing process while effortlessly managing other sales and marketing operations like customer service, inventory management and more.

Get a real estate CRM to propel your sales with higher lead volumes, cleaner data and an effective lead qualification process which would eliminate repetitive work and help you focus better on customer experience.

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