Agent to Agent Referrals

Agent-to-agent referral is a powerful tool in the real estate industry that is often overlooked. It is a process where one agent refers a client to another agent for their real estate needs. This type of referral is based on trust and confidence in the abilities of the referred agent.

Business-to-business referrals are also important in the real estate industry. This type of referral occurs when a business refers a client to a real estate agent for their real estate needs. This type of referral is based on the relationship between the business and the agent.

Today with Rick, we understand the importance of agent-to-agent and business-to-business referrals. We believe that these referrals are the most effective way to grow our business and provide our clients with the best possible service.

To tap into this resource, we use various tools to study and analyze the market. One of the key study we know is the NSR study, which surveys buyers and sellers to understand how they find their realtor. According to the study, 35% of buyers and sellers found their realtor through a friend or family referral.

Building and converting your database is almost synonymous with the 36-12-3 rule. This rule states that if you have a database of 36 people, you will get 12 referrals, and out of those 12 referrals, 3 will convert into clients. This rule emphasizes the importance of building and maintaining relationships with your clients and contacts.

In conclusion, agent-to-agent and business-to-business referrals are essential in the real estate industry. We strive to provide our clients with the best possible service by tapping into these resources and using various tools to analyze the market. We believe that by building and maintaining relationships with our clients and contacts, we can continue to grow our business and provide exceptional service.

Rick Bosley, Team Leader and Owner of The Bosley Team and 3L Coaching, turns the art of real estate into an easy to learn and enjoyable experience in this series. Real Estate Made Simple. 

If you want to know the ins and outs of real estate, Rick Bosley’s got you covered. Bringing with him years of experience leading successful teams at Keller Williams, one of the world’s leading and largest real estate firms, and running his own business, Rick shares some of the most valuable lessons he’s learned to help you succeed—whether you’re a buyer, seller, REALTOR®, or Entrepreneur.

Rick Bosley
The Bosley Team at Keller Williams
3L Coaching LLC
321-277-5791
http://TheBosleyTeam.com/ 
Rick@TheBosleyTeam.com 

You can also listen to Rick talk to friends and professionals in and out of the real estate industry on his podcast!
- Apple Podcasts - https://podcasts.apple.com/us/podcast/real-estate-made-simple/id1473998689 
- Spotify - https://open.spotify.com/show/7a3g1YAxxPvQwkfec9OCf3 

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