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Client Appreciation is Key for Getting Real Estate Referrals

Learn how to build strong client relationships that generate referrals and grow your real estate business with these proven strategies.

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Building strong relationships with your real estate clients isn't just a nice-to-have. Instead, it's absolutely essential for generating referrals and growing your business. Satisfied clients are far more likely to refer you to friends, family, and colleagues. This can turn a single successful transaction into a cascade of fruitful opportunities over time.

Read on for strategies to build lasting relationships with new leads, maintain connections long after a transaction is over, and show clients you care about them more than getting their sales.

How to Create Relationships with New Leads

Establishing strong connections with new leads is the first and most important step toward getting referrals. When potential clients first reach out, they’re often considering multiple agents. To stand out, you need to show them not just why you’re the right choice but why they can trust you with one of their most significant life decisions.

Using the learned lessons from successful agents can be a great way to help boost your lead-building. One such resource is Mikki Ramey’s "20 Reasons to Hire Me." This tool helps you present a compelling case for why you’re the best fit for a customer’s needs.

Ramey has extensive experience winning clients over, and she emphasizes the importance of impressing one client to gain future referrals. It all started with one new prospect she got from Zillow in 2012. Over the years, she gained four new referrals from the first client. The commissions she earned from those four new referrals were worth ten times the initial commission from her Zillow client.

As Ramey illustrates through her experience, creating a strong relationship with one lead isn’t just about a potential sale, or even winning them over for all of their future sales. It could mean getting their sale, their future sales, and even many, many more commissions from their friends and family.

Ramey believes in offering complimentary service to her customers, especially if it will help to win them over. She wants to prove her value before doing anything else to build a very strong foundation with the lead.

By clearly outlining the value you provide from the get-go, you can turn a lead's curiosity into a commitment. Once you have their loyalty, they’re bound to sign your praises and refer you to anyone who needs an agent.

For additional support, explore Breakthrough Broker's lead generation tools:

These resources are designed to help you articulate your value proposition and manage leads more effectively. By creating a solid first impression, you lay the groundwork for a relationship that can eventually lead to referrals.

AUTOMATED NEWSLETTERS – STAY IN TOUCH WITH YOUR NETWORK

The Importance of Continuing the Relationship Past the "No"

Not every lead will turn into an immediate client, of course. Still, that doesn't mean the relationship should end when someone says, "No." In fact, maintaining contact with leads who aren't ready to buy or sell yet can pay off in the long run, in a big way. A prospect may not need your services now, but they could in the future. Alternatively, they may refer someone to you in the interim if they’re impressed with your strategy.

To manage ongoing relationships, consider using Breakthrough Broker's Lead Tracker. This tool helps you organize and track your interactions with leads over time. By keeping notes and setting reminders for follow-ups, you can make sure that no potential opportunity is overlooked.

Staying in touch with leads shows them that you're invested in their needs, not just a commission. Over time, this approach can help you turn a "No" into a "Not yet," and eventually into a "Yes."

The Importance of Staying in Contact Past the Transaction

Closing a deal doesn’t mean the relationship with your client should end. In fact, continuing the relationship after the transaction is crucial for generating referrals in the future. Clients who feel valued and appreciated are more likely to remember you when friends or family members are looking for an agent.

Mickey Ramey recommends regular check-ins, market updates, and holiday greetings as ways to stay in touch with prospects or clients. The key is to remain a helpful resource rather than someone who only reaches out when they want something.

How to Reach Back Out

Reconnecting with past clients or leads can sometimes feel awkward, but it doesn’t have to be. A thoughtful follow-up can show that you genuinely care about your clients' well-being and that you're interested in more than just the transaction.

Breakthrough Broker's Lead Follow-Up Planner can help you plan your outreach in a structured and purposeful way. Whether you’re reaching out to check in, share market insights, or invite them to an event, having a plan ensures your follow-ups are consistent and meaningful.

How to Show Your Clients That You Care

Showing appreciation can go a long way in building client loyalty and fostering referrals. To show you care, you can try organizing events for your clients. This is a fantastic way to show appreciation and stay top-of-mind. Whether it's a client appreciation party, a holiday gathering, or a community event, these gatherings create opportunities for personal connection.

Sometimes, it's the little things that make the biggest impact. Personalized notes, anniversary cards for their move-in date, or small tokens of appreciation can leave a lasting impression. As discussed in this Tom Ferry podcast, these small acts of kindness show clients that you’re thinking of them, which helps deepen the relationship and encourages them to refer you to others.

Conclusion

Building a referral-based real estate business starts with creating exceptional client experiences. By forming strong relationships with new leads, staying in touch even after the transaction, and showing genuine appreciation, you turn clients into advocates for your business. Remember, every interaction is an opportunity to reinforce your value and earn referrals.

Breakthrough Broker offers a wealth of resources to help you grow your referral business. Take one step today to enhance your client experience and boost your referrals. Download the Referral Playbook or the Sphere Guidebook to start incorporating these strategies into your business and watch as your referral numbers skyrocket!


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