Sphere of influence in real estate – what type of money can a real estate agent earn marketing to it?
What type of money can you earn marketing to your sphere of influence list? It’s all across the board. Let me just give you a few examples that come to mind.
One of my friends, a real estate agent here in town, does 8 – 10 million dollars a year and it is all personal contacts. He’s been in real estate for about 8 years. That’s about $250,000 to $300,000 a year income just from that sphere of influence list.
Marketing to your sphere of influence list can be as simple as sending just sold postcards once each month
I have another realtor client and a friend who has a list of 500 people who he targets and from his sphere of influence list. He makes between $300,000 and $400,000 a year. You know how much he spends marketing it? He mails one of his real estate postcards a month. He has an email drip campaign that he does. If you add up the cost, you are looking at maybe $200-$300 a month and he’s earning between $300,000 and $400,000 a year.
There is a lot of money you can make if you just start marketing to people in your sphere of influence who know you and trust you as a realtor.
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