Blog Post
December 13, 2024 written by Jamie Muenchen, Community Leader
Building a strong real estate database doesn't have to rely on buying expensive leads. As successful real estate team leader and Fello CEO Ryan Young (owner of the #1 team in Ohio and #15 in the U.S.) shared in our recent webinar, there are lots of creative and cost-effective ways to grow your database organically.
Watch the full webinar now in Fello Academy (if you're not a Fello user yet, click here to create an account first).
Here are 10 proven strategies, plus key insights on making the most of your contacts.
1. Export Phone Contacts
Most agents have far more contacts in their phones than in their CRM. Take time to export your phone contacts — you might be surprised to find thousands of potential connections. Don't worry if you're missing email addresses; there are lots of services to append contact information (Fello can find missing physical addresses, property, MLS, and loan data).
2. Leverage Social Media Connections
Your social media networks are a goldmine of potential contacts. Export your Facebook friends and Instagram followers lists. Many agents have thousands of connections on these platforms that aren't yet in their databases. These are people who already know you and can be converted into meaningful database contacts.
3. Mine Your Email History
Search your email for "CC:" to find people you've communicated with professionally. This includes attorneys, lenders, title companies, and other business contacts. These professionals often own homes in your market and can become valuable database contacts or referral sources.
4. Partner with Vendors for List Swaps
Develop strategic partnerships with vendors like landscapers, mortgage companies, or home service providers. The key is providing mutual value — for example, offering to show how landscaping improvements impact home values while the vendor shares their client list. Consider featuring vendors on your Fello home value dashboard to sweeten the deal (and split some of the cost of your Fello subscription).
5. Utilize QR Codes and Personalized URLs
Place QR codes and personalized URLs everywhere: email signatures, business cards, marketing materials, and open houses. Create simple URLs like "homevaluewith[name].com" that lead to your landing pages. Share these links on social media with relevant market updates to drive organic traffic.
Where are 6, 7, 8, 9, and 10?
Download the entire list of proven strategies to build your database without buying leads ↓
Key Principles for Success
Focus on Value First
When adding contacts to your database, lead with value rather than sales. Provide useful information about home values, market updates, and community insights. Build trust before attempting to convert contacts into clients.
Be Consistent and Strategic
You don't need to implement all ten strategies at once. Start with one approach, master it, then add another. Set specific goals for database growth — for example, challenging yourself to go from 500 to 1,000 contacts in a set timeframe.
Leverage Technology Effectively
Use your CRM and home valuation tools to nurture contacts automatically. This allows you to focus on building relationships while your technology handles regular engagement. When contacts engage with your content, respond with helpful information rather than immediate sales pitches.
Think Long-Term
Building an organic database is about creating a sustainable business asset. While buying leads can supplement your business, owning and nurturing your database gives you more control and typically leads to better conversion rates over time.
The Bottom Line
Every contact you add to your database organically is one less lead you need to buy. By implementing these strategies consistently and focusing on providing value, you can build a robust database that generates opportunities naturally. The key is to start with one approach, execute it well, and gradually expand your efforts. Over time, this creates a valuable business asset that can generate consistent opportunities without relying solely on purchased leads.
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Looking to boost your business in 2025? Your database is your biggest asset and its growth is tantamount to your success. Book a demo to see how Fello can supercharge your database and help you get more seller leads and listing appointments.
If you're already a Fello customer, reach out to your Customer Success Manager or email success@hifello.com for strategies and advice in building your database organically. Check out Fello Academy for more tips on getting the most from Fello.
Ready to start driving more seller leads on autopilot?