Your Database is a Goldmine. Here's how to Use It.
A practical, step-by-step system for turning the contacts you already have into a steady stream of listings.
Audio version
The key to unlocking a real estate business with consistent commission income is building a machine that produces a steady stream of listing opportunities. That machine is your database, combined with a regular communication strategy.
It's not complicated, but it does need a system. Here's how I'd build one, based on 20+ years of doing this myself.
Step 01: Work out how many people you're actually reaching each week
If you're in a slump, the first question I always ask is the same one:
How many people are you having a marketing connection with each week?
Phone calls and door-knocking are great. This is a face-to-face business. But it's hard to contact enough people that way unless you're putting up serious numbers, i.e. 100+ door knocks or 30 to 40 calls a day if you're working from a quiet patch.
Split your activity into two types:
- Primary touches. Face-to-face meetings, calls to potential vendors, coffee with a past client, a call to a property manager or accountant who deals with buyers and sellers. Aim for 10 to 20 of these a week. More if you have capacity.
- Secondary touches. The high-leverage stuff, emails, texts, flyers, direct mail. Aim for 500 to 1,000 of these a week.
Note: You can only do so many primary touches in a week. Secondary touches are how you stay in front of everyone else.
Step 02: Understand why email is your highest-leverage secondary touch
Of all the secondary touches available to you, email does the most work for the least effort. A few reasons why:
- It's high leverage. You can contact thousands of people in the time it takes to write one email.
- It's close to free. Most real estate CRMs already include email sending, so for a lot of agents it costs nothing extra.
- You control the list. Post to social media and a platform decides who sees it. Send an email and it lands. Whether they open it or not, they see your name.
- You have an information advantage. Every homeowner in your patch wants to know what their house is worth, even if they're nowhere near selling. You have hyper-local sales data they can't get anywhere else. Use it.
- It plays the long game. You might meet someone years before they're ready to sell. Email is the only channel built to stay in touch that long, without costing you more the longer you do it.
Step 03: Send the right things, not just listings
The single biggest mistake I see agents make: only sending "latest listings." Problem is, most of your database isn't looking for a home right now, so a listings-only email is only useful to a small slice of your list.
Mix it up instead:
- Recent sales in your area, with an approximate price range if you're not comfortable sharing exact numbers ("sold in the mid $800,000's" works fine)
- Evergreen advice that helps people make better decisions, whether or not they're buying or selling right now
- A local shout-out, your favourite cafe, a tradesperson you rate, one or two sentences is plenty
- A "coming soon" listing, enough detail to generate interest without giving away the address
TIP: Change your subject line every single time you send. "Latest listings from [your name]" is the easiest email in the world to ignore. Use the headline of whatever article you're sharing instead.
Step 04: Prove you're good at the job, not just that you exist
Being visible only gets you halfway there. If someone looks you up and sees no runs on the board, they'll wonder whether you can actually get the job done for them.
Every touch you send should carry a little proof of proficiency. A flyer with a couple of recent sales on the back. An email with a "sold this week" line. A door knock where you can say "we just sold one round the corner, want to know what it went for?"
If you don't have your own sales to point to yet, borrow your office's. You're part of that team, use it.
Step 05: Keep it simple, and don't stop
Don't wait for the perfect template. A plain-text email with useful, local information beats a beautifully designed one that only goes out every couple of months.
Consistency is what keeps you top of mind. Email your database every one to two weeks and they'll recognise your name. Go quiet for three months and you're a stranger again, unsubscribe risk goes up, not down.
If the barrier for you is not knowing what to write each week, that's exactly the problem Agent Vault was built to solve. Every article, script and template, already written, ready to copy and paste.
Step 06: Put it into a simple weekly system
Here's roughly what I'd be doing, every single week, if I were in your shoes right now:
Weekly: One email to your full database A recent sale or two, a "buy of the week" (your favourite property currently on the market), and one piece of evergreen advice.
Print your pipeline list (all potential vendors) every Monday morning. Carry it with you everywhere you go. If you find yourself with 5 minutes to spare, make a call to someone on the list.
Fortnightly: One flyer drop to your farming area 400 to 500 properties, printed with an article and your recent sales on the back.
As needed: One "we have a buyer" letter Whenever you've got a strong buyer with specific criteria, target it to houses that match what they're after.
That's the machine. It runs whether you're busy or not, and it's still working for you when you don't have time for anything else.
Step 07: The takeaway
Your database isn't dead weight. It's the most valuable asset in your business, if you use it. Chances are, you don't need more contacts to get more listings. You need a system that keeps in touch with the ones you already have.
If you want to build that system yourself, everything above will get you started. If you'd rather not write it from scratch every week, that's what Agent Vault is for.
Weekly articles, scripts, templates and follow-up sequences, ready to copy, paste and send.