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Marketing Listings: DIY or IOU?

January 21 2013

Guest contributor Erica Christoffer of REALTOR®Mag says:

realtormag diy iouYou've got a great new listing. Congratulations! But you know it's not enough to post it on the MLS and cross your fingers that it'll generate buyer interest. You need to get the word out through a marketing plan that will impress your clients and get the property sold. And whether it's mailing out listing flyers, using social media, or creating a video tour, you need to decide whether to do it yourself or go to an outside vendor for help.

How do you decide between outsourced and DIY marketing? "It depends on what you're good at," says Daniel Webster Johnson, broker-associate with ­Resort Brokers Real Estate in Breckenridge, Colo. "Use your strengths."

Johnson is all about doing what he's best at—­networking, writing, and Internet marketing. He outsources other marketing tasks, such as photography, video, and staging, which he used to handle with the occasional help of a full-time assistant. Last spring, he realized he no longer needed full-time help. Without it, he still made 2012 his most pro­ductive year since the beginning of the downturn.

Finding the Right Professionals

Fueling Johnson's success is his skill at building ­vendor relationships. He hosts monthly gatherings called "People We Trust," with other real estate professionals, mortgage brokers, contractors, and local business owners. The idea is to get to know one another's trusted associates and to generate mutual business.

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