The Best Doorknocking Approach for Realtors by Kevin Ward
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Kevin Ward is a real estate coach, speaker, and trainer at YESMasters.com and #1 Bestselling author of "The Book of YES: The Ultimate Real Estate Agent Conversation Guide."
In this video Kevin Ward explains the best prospecting strategies for door knocking that gets the best results with the least resistance.
The most effective door knocking strategy is talking to "turbo leads"…i.e. For Sale By Owners, expired listings, Notice of defaults, etc, because they have already exhibited a need or a desire to sell their property.
The second best approach in terms of getting results is inviting neighbors to a "Neighbors-Only Pre-Open House Preview." People love being invited to something, so this approach comes across as an invitation, not a solicitation. You are there, not on your own behalf, but on behalf of their neighbors, who are selling their property. Their resistance to someone knocking on their door is much lower when they don't feel like you are simply there for a self-serving motive. Watch this video for the Open House Invite script:
The third approach is the Hot Market Just Sold approach. Watch this video the Hot Market Script:
The traditional Just Sold approach can easily come across as bragging which is totally a put-off. The "Hot Market" approach adds value to the home owner because it is giving them information of value about the real estate market and how it affects the value of their home. And all of these approaches still give you the perfect opportunity to ask if they are planning to sell any time in the near future. However, you are much more likely to get a favorable answer when their resistance is low, than when it is high.
And then, always think in terms of their interest…not yours. If they are immediate business…HURRAY!!! If not, then consider them future business by getting their information and staying in touch.
Remember….Two goals for door knocking:
#1 To find people who want to buy or sell right now and set appointment with them.
#2 To connect with people and get their contact information so you can build a relationship and position yourself as their "Go-to Agent" when they or someone they know needs to sell or buy real estate. When you do that enough, you will eventually have a personal circle large enough that you can get all the business you want from people you know, so you can reduce or eliminate door knocking as a method of getting business. It's always easier to get business from people you know, than people you don't.
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Also, would love a video on the reality of rejection in prospecting and how to better change you mindset on rejection, to better be able to view rejection as a stepping stone to success! Just would love your take on this element of prospecting!
Best approach I’ve found is track everything. If I know that making 100 calls, contacting 30 and getting 1 buyer out of 99 rejections, I look forward to 90th rejection or that 98th rejection. The numbers tell me that I have a closing coming up soon and to continue pushing forward. Hope that helps, CRUSH IT!!
Great info, I will change my approach, thanks Kevin!πππ
Question Kevin:
If you don’t have any listing in a neighborhood you’d like to start farming and you ask someone from your brokerage if you can do an open house for one of their listings— and you do one of these open house events— who’s contact information do you put on the flyer/promotional material? The listing agents or yours or both?Β
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Why the game?
Kevin, how do we differentiate our marketing strategy over the competition?
Such a wonderful video full of very helpful information.
Thank you so much Kevin!
Thank you for sharing this valuable info. I admire your style and delivery.
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I’m 18 and just recently got my license. I had the choice to become an assistant for a high producing agent or to go on my own. I decided to become an assistant to learn more about the business and I am glad I took the route that I did. That said, I am very excited to start my own business. I am giving myself one to two years to learn everything I can before I start and you have some very helpful videos. I am door knocking for the agent I work for and I’ve had some success so far. Thanks for the help!
How you doing so far I am 18 and am in the process of getting my license now I am so excited to get into the business. Are you still an assistant?
Ethan Tibbetts I’m 19 and have family on real estate plan on following.
I want an auctions license as well
Ethan Tibbetts good lord you are just a kid. I wish I had such a young start .
im curious to see how this is going 4 years after the original comment
Hi Kevin, great video thank you very much. I have a question I am a new agent and along with another new agent we decided to go doorknocking together. Do you think that’s a good idea? If so what do you recommend we do between the two of us? What type of agreement should we have? Thank you.
I love the open house event invite! That is such a brilliant lead generating idea!! Thank you Kevin!
This is one of the best training videos IIve seen here.. So many real estate videos talk about their success and what they been doing which we are not interested in. There’s no value to that. What we are looking for is techniques and approaches at mastery. Thank you sir
Hey Kevin,
You’re the man!!! Love your methods and trainings!
I learned so much from your training Kevin. I love to learn and to implement.
Thank you Kevin for these wise techniques.
Most informative video so far for me.
BEST 12 mins of my real estate life!
Hey Rica! I love this video too. I created a 3 volume set of videos with high converting door hangers to go with each script. Here is the first https://youtu.be/D_SFvrvaCyo
thank you Kevin love your approach and your videos that’s very good stuff that you are teaching
Hey Johnny! If you’re thinking of knocking, check out my high converting door hanger https://youtu.be/D_SFvrvaCyo
This was a great video, thank you for sharing this with us!
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Great video !!!! This help me change my whole approach and to add value to my business
I became agent of the year, rookie of the year and top producer just by door knocking. Back in the day (late 90’s) I would get the HUD, VA, and bank owned list. I would go to these properties, open them up, make notes and then leave the house open while I went and told all the neighbors about “my listing”, lol. Before I got out of the area, after hitting 15-20 houses with my invite to come look, I would find a buyer. All the agents in my office could not figure out how a newbie was selling 5 houses a month or more consistently. I still door knock during Covid with all the safety measures etc. Door knocking has never let me down. Get out there and do it people. Thank you Kevin.
Bernard that’s amazing. I’m a new agent and I’m a little reticent to cold call because of the do not call list. Can you just explain what you mean by the Hud and VA list? I would like to follow youre strategy
Bernard, This is brilliant! Why do you say, in the 90s, canβt you do this now with VA and Bank owned homes???
What is the VA, HUD, and bank owned list? And where can I find them from?