Yep. Unfortunately inexperienced many agents fall for the lottery math of buying leads because it’s simple: pay X earn 10X. And yes, if one comes through that’s true. However, they don’t really come through and the problem is not the spent money. The problem is the missed opportunity cost. The solution is not to spend money increasing your top-line before you have created the machinery to fully capture it on the bottom-line. Instead of trying to pour gasoline on your fire (or worse, embers), invest in your business process**. The best agents and teams have this down to a science and can handle multiple client journeys anywhere from lead to close to even post-closing without breaking a sweat. And that’s what really powers growth. Yes it’s time consuming and with plenty of delayed gratification, but as they say: the best time to plant a tree is 20 years ago or today.
**For instance - subscribing to UrbanDigs to nail your analytics ... just sayin’!