Recently I was asked to participate in a survey from Real Estate Bees with fellow real estate coaches regarding the impact of COVID-19 on our business. Below are a few of my responses. Click here to review the survey results.

What unexpected opportunities has the pandemic opened for real estate coaches?

“Government officials are not using science in scaring everyone when only certain segments of the population are being affected. This has eliminated competition for listings and service to buyers.

Smart lead generation has increased my clients’ pipelines with less competition on the hot demographics such as expired listings, FSBO, mature people in large homes, long-term owners, non-owner occupied listings, out-of-area owners, fully amortized properties, neighbors around recent sales, and others.

People are home and picking up the phone more often. They have less distractions which allows them to listen to value-filled offers. They appreciate the upbeat attitude of my realtor clients.”

If you knew the impact of this situation on your business in advance, how would you prepare your business to mitigate your losses or even profit from it?

“Always be ready for changes in demand, interest rates, mortgage availability, etc. Since you never know what is around the corner, have a deep pipeline. Every problem can be cured with more clients whether you are a great agent or a coach.”

What marketing channels do you prefer to use during the pandemic over the rest and why?

“Potential real estate buyers and sellers have more time to read narrowly directed snail mail, explore media and the search engines, and take calls. Therefore, all of our previous marketing efforts are working better. We are finding that fashioning the message to the need of the demographic we are soliciting is accelerating our response at this time.”