Based in Ann Arbor, Michigan, JoAnn Barrett has been a real estate agent since 2006. In this real estate case study, discover how JoAnn achieved a remarkable 100-percent response rate and secured an average of one listing per month through her direct mail marketing efforts.
Real Estate Case Study: JoAnn Barrett’s Start in the Industry
When JoAnn embarked on her real estate journey in 2006, Michigan was grappling with challenging economic conditions. The state, including Ann Arbor, faced a downturn in the real estate market alongside significant impacts on the auto industry. In this real estate case study, explore how JoAnn navigated these turbulent times to carve out success in the industry.
Despite the bleak economic outlook in the area, JoAnn has become one of the successful real estate agents in Ann Arbor, and marketing is a major element of her success. With a mix of postcards and brochures, she was able to avoid the struggles of most real estate agents who get started in the business.
Direct Mail Response Rate for The Barrett Group
In addition to conversion rates, response rates for mailings are an important aspect of any direct mail campaign, especially in real estate. JoAnn and her team’s campaigns yield an incredible result: every time they send a mailing, they receive a call for a listing.
“One prospect called and said, ‘I saw your postcard. You sold the house down the street. I want to sell my house,” JoAnn said. With a real estate farm that consists of two neighborhoods, obtaining one listing per month results in an amazing ROI!
JoAnn’s Keys to Success with Direct Mail
While there are various methods to generate real estate leads, focusing on listings can be particularly straightforward, especially from a buyer’s perspective. In this real estate case study, JoAnn graciously shares her invaluable insights garnered from her own experiences in the field.
You Must Give it Six Months
“You have got to give it six months. As painful as that is, have a six month period where you are sending out postcards, and the return is huge.”
This is a key point, as many real estate agents fail to give it enough time to generate listings from their efforts. In fact, in competitive markets, six months to a year is essential; however, the payoff is worth it.
Consistent Marketing is Key
JoAnn relied on her past experience of owning several toy stores, where consistent marketing was the key to success. The real estate industry is no different; consistency in direct mail is crucial to demonstrating expertise to your geographic farm,
Get Started
“A great example of this is when you talk to an experienced Realtor: ‘You know, my clients who do everything I tell them to do get so much more money for their house.’ Well, the same applies to who’s doing your print advertising. They’re not going to be successful unless we’re all successful.
“All you have to do is contact Wise Pelican. They will tell you how to start. You just call them. Call them, do what they tell you to do. It’s that simple.”
Did This Real Estate Case Study Inspire You?
JoAnn Started by creating a free Wise Pelican account, and you can too! They say even the longest journey starts with the first step, and if you haven’t Created a Free Account, now is a great time to do so! No credit card is required, and by signing up, you can browse our hundreds of templates, check out our mailing list feature, and also learn about our subscription plans. Start building your business now!
