July 13 2020
To be a successful commercial real estate practitioner, you obviously need clients and listings. And you probably get quite a few through repeat and referral business.
However, some signs are pointing to the commercial market tightening up in the near future, which means now might be a great time to brush up on your prospecting skills. Lead generation can play a key role in having a strong year versus a weak one.
One place to start is RPR Commercial. Keeping your pipeline full and growing your business can be done by searching within RPR using the sold date range option and exporting that data into an Excel spreadsheet through the mailing label function or direct mail campaign. In this article, we're going to break it down for you, step-by-step. Let's get started!
In this scenario, we'll use RPR's "all property" search option to review public sold records for properties that are at the end of a typical investment hold period of 10 years.
Based on the results, you can easily print the details using an RPR report. You can then export the data through the mailing label option or export to create a mailing campaign within your CRM. Another option is to narrow your client search down even more and identify properties that are also in Opportunity Zones.
Next, we can filter down to just properties that sold in 2010, which are also in an Opportunity Zone. If you don't want just Opportunity Zoned properties, you can skip this step.
With your results now on the screen, you have a few options on how to best use this data. First, you can use the "Print this page" link to print the search results as you see them.
You also might want to consider using the Mailing Labels feature to either create ready to print labels, or generate your own CSV export to populate your CRM. (Note: Regarding property owner information, RPR will show the corporation, unless there is a single owner of the property.)
The method above is a solid way to identify businesses and business owners who are ripe for moving their commercial investments.
You can find these prospects, and then send them your message via direct mail (or any other way you see fit) with RPR's Mailing Labels capability. Discovering these targets now is a smart strategy for lining up potential prospects for the future.
To view the original article, visit the RPR blog.