Every Lead Source Works – When It’s Worked Consistently

There’s no such thing as a “jackpot” lead source 🎰. The truth is, every lead source works – when it’s worked consistently.

It could be open houses, or online leads, or email marketing, or geographic farming, or social media, or database nurturing—you name it, it works!

In fact, when you look at the respective business of most top producers, there are numerous lead sources (as in, 8, 10, 12, or more) factoring into their success. Some sources will outproduce others, of course—but it’s the sum of them all that adds up.

That being said, you may see/hear a rockstar-agent on a conference stage or a podcast, perhaps, share about a singular lead source or strategy that’s been effective for them. And, while what they’re sharing is no-doubt incredible and useful, it can be easy to think that’s all the agent does to generate business. However, their success is almost always the product of multiple sources of business.

You’ve probably heard the stat that 87% of real estate agents fail in their first couple of years. I’d argue one of the dominant reasons behind the failure of those unfortunate folks is the result of “dabbling.”

For example, an agent might give a specific lead source or tactic a try, and then, unless the results are clear and immediate, the agent abandons the effort prematurely and moves on to the next idea -- when in reality, the results are (always) in the repetition. 

So here’s my advice:

A. Diversify your sources of business.

B. Don’t dabble; stay the course!

I’ve seen agents who crush it with postcards, or door-knocking, or social media, or geographic farming, or email marketing, or online leads, or whatever else. Every lead source works when it’s worked consistently.