Real Estate Marketing Tactics: Door Knocking? Y/N/ and Alternatives
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Door-to-door solicitation is one of the most divisive real estate marketing tactics. Depending on who you ask, it can be a stroke of genius or a career suicide. The truth usually lies somewhere in the middle, so weigh this approach’s pros against its cons to determine whether it’s worth doing.
Advantages of Door Knocking
This marketing strategy persists because it works when done correctly. Here are compelling reasons to do it.
- You can add a personal touch to your marketing. Introducing yourself to prospective clients in person will get your name out there. As much as people love their privacy, most yearn for human connection. You can make an impression by talking to them, showing your personality and giving them a glimpse into what doing business with you feels like based on your demeanor.
If they like their experience interacting with you, they’ll be more likely to hire you or refer you to someone they know who needs your service. Prolific real estate professionals live off referrals because 88% of people trust recommendations from their relatives, inner circles and acquaintances. This phenomenon is universal, speaking volumes about the power of word-of-mouth marketing. - You can build rapport. Proper door-to-door solicitation feels like a friendly conversation, not a marketing pitch. Although the other party knows you’re at their doorstep for business, forging a harmonious relationship allows them to see you more as a neighbor than a salesperson.
Real estate transactions are usually close to home. Most will do business with someone they think understands their needs, motivations and challenges. Connect to them on a deeper level to stand out. - You can provide value immediately. Wise door-to-door real estate agents, realtors or brokers leverage gifts to woo prospects. Many people won’t give you a chance to deliver your spiel because they’re busy or uninterested. Still, you can make your interactions memorable by providing something they need without asking.
A good rule of thumb is never to knock on someone’s door empty-handed. Bring with you something valuable to your target clients. The key is knowing their everyday problems and offering solutions, which you can only meaningfully do when you concentrate on certain property types or market to specific demographic groups instead of trying to appeal to everybody.
For example, before winter rolls around, give away a bag of salt to every residence whose driveway becomes slippery during snowy months. Preceding your business card with a thoughtful and practical gift is a master stroke.
Disadvantages of Door-to-Door Solicitation
For these reasons, door-knocking is one of the few marketing ideas real estate professionals avoid.
- It may be regulated — or illegal. Many people dislike cold sales practices. They’re particularly allergic to door-to-door solicitation.
As a result, policymakers in some jurisdictions require anyone who intends to do this to obtain a license to ensure public safety, welfare and health. Applying can involve being fingerprinted for federal and state criminal background checks. Counties such as Davidson and Nashville even have a No Solicitation List, rendering some addresses off-limits. Some communities ban this practice outright through ordinances. - It can be exhausting. Walking long stretches of single-family houses, following your scrip without sounding robotic and conversing with various individuals is strenuous. There’s no guarantee that you’ll get a positive response, making this activity extra taxing.
- It may turn off unsuspecting prospects. Showing up unannounced, dressed formally or at a terrible time can backfire on you. Door-to-door solicitation is more intrusive than most real estate marketing tactics. Some people may react negatively toward your presence, especially when you look like a textbook salesperson interrupting their routines.
- It can endanger you. Real estate can be an unsafe occupation when you’re unfamiliar with the surroundings and have less control over the situation. Knocking on someone’s door is a roll of the dice. You can determine whether people are amicable or aggressive only when they speak to them. You risk encountering violent individuals when you take this route.
Alternative Marketing Strategies for Real Estate
Door-to-door solicitation is one of the most unique real estate marketing ideas because fewer professionals employ it today than ever. However, it’s hit-or-miss. What else can you do to attract business and generate leads? Consider these tactics:
- Choosing an undersaturated niche.
- Solidifying your online presence.
- Offering free resources, such as property market reports, neighborhood profiles, home ownership checklists, home decor recommendations, lists of credentialed third-party professionals, city guides and community event calendars.
- Producing asynchronous virtual property walkthroughs.
- Hosting webinars.
- Collaborating with local businesses.
What Is the Best Marketing Strategy for Real Estate?
The best real estate marketing strategy combines various tactics relevant to your target clients. Promotional approaches have strengths and limitations, so maximizing each one’s positives to offset the others’ negatives can yield desirable results.
Although door-knocking is an option only in some locations, incorporate it into your overall marketing strategy. It can be a worthwhile method when business is slow or you want to promote yourself in a new market without spending a fortune. Seek your broker’s advice on whether to pursue it and learn pragmatic tips to steer clear of costly errors.
Should Door Knocking Be Part of Your Repertoire of Real Estate Marketing Tactics?
Door-to-door solicitation is a high-risk, high-reward strategy. Know and follow the rules, be on your best behavior and avoid overstaying your welcome to leverage its advantages to further your career in real estate while mitigating its drawbacks.