
Simple Co-Marketing Strategy that Gets Listings and Cuts Marketing Costs in Half
If you're a real estate agent, I've got an idea for you.
And the reason I got this idea is because it just happened to me. I'm a rental owner, and I got a letter in the mail from a local real estate agent, but he had partnered with a local property management firm. I thought this was a brilliant strategy.
They co-branded the letter, and the letter said something like this:
"Hey, I'm a local listing agent who specializes in working with investors. If you're in need of real estate services, on the buy side or sell side, I'd love to work with you. And by the way, I partner with a local property management firm who would love to work with you on the property management side."
And it was a brilliant strategy. On the bottom, they had both the logos.
Now, from each company's perspective, they're ancillary and complementary to each other.
They've taken their mailing costs and cut it in half. Think about that. Instead of it maybe being a dollar 50 or a dollar, now it's half, and they can now double up on their marketing opportunities and really get double the exposure. Smart, brilliant strategy. I love it, guys.
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