What to Look for when choosing a farm? 4 TIPS to start Geographic Farm!
Ready to start your farm? When you choosing a farm, you need to consider these 4 tips of farming. It’s the end of year and I think it’s an ideal time to either start your neighborhood farm or double down on it. I know there is a lot of information out there about geographical farming, including me covering it in-depth at my Business Building Workshop as one of my top listing sources. In the past 12 months we have sold 29 homes (sell & buy side) in our farm.
So in this video, I want to share 4 Tips on starting new farm.
✅ Choose a neighborhood that consists of at least 500 homes ideally 1000 homes. In a typical subdivision you’ll find around 5%-6% turnover year-over-year so that’s about 25-50 homes sales per year. Which is good start!
✅ Make sure there is no dominating listing agent in the farm. If you see the agent is doing 20% or more homes sales in the farm, I would allocate my resources to another neighborhood.
✅ Consistency is the key. You should mail the materials twice a month. Make sure you set your budget for at least 6 months, ideally 12 months. I remember listing my first home in the farm after 6 months.
✅ Pick a neighborhood that you are familiar with and enjoy selling it. You got to believe in the product. Farming is a long game and it’s important to believe in the product and enjoy showing/selling homes.PLUS: Here are 3 ways I can help you get leverage into YOUR real estate business to generate & convert more leads so you can ultimately scale your business!
Here are 3 ways I can help you get leverage into YOUR real estate business to generate & convert more leads so you can ultimately scale your business!
1. Join Lead Gen Agents Facebook Group I created a Lead Gen Agents FB Group to share lead generation and lead conversion best methods, practices and proven systems with agents who who are looking to get their business off the ground or take it to the next phase. Click here: https://www.facebook.com/leadgenagents/
2. Attend one of my Free Business Building Workshops Where I will be sharing my ENTIRE Business Building Playbook step-by-step. I will show you EXACTLY what I did in my first year to get my business of the ground and selling over $85 Mil in Real Estate in my first 5 Years! Click here: http://leadgenagents.com/agent-worksh…
3. Schedule a Business Strategy Call Session with me. If you’d like to find out what you can do right now to grow your business … just reply to this message or click here to schedule one-on-one call session with me: http://leadgenagents.com/free-call-session/