Is calling leads on the weekends beneficial?
I have been calling My leads on Mondays and Tuesdays and periodically throughout the weekdays for many years. I have been using the T-Max Predictive Dialer that works great by reducing all the ring time and just giving me live people.....but wondering if there might be potential on the weekends for reaching more clients and if anyone has this and any results anyone has had. I am trying to expand my network and looking for new ideas like facebook and what everyone is trying these days.
I don’t think people will take to kindly to cold calls on the weekends. My two cents.
This is a terrible idea
This.
I've been contemplating this for a year. In fact I want a Jr. Broker to do this. I think it's a great idea. We are in a 24hr business as brokers. It's our job to take the deals to the principles. If the deal makes sense they will be happy to talk to you.
Also, remember this, if you have no customer complaints, you're not doing enough business.
Agreed. In my experience employees don't want to be contacted because they aren't directly compensated for listening (which is myopic, as they could position themselves to lead the deal if they hear about it first), but principals are always open to evaluating a legit opportunity.
Confirm, employee and principal. The employee part of me hates dealing with work on the weekends, I just had a M&M broker call me last Saturday, was pleasantly surprised but I was already looking at the deal
Did that deal not exist Friday afternoon? Will it not exist first thing Monday morning?
This is terrible advice.
You may consider yourself "on call" 24 hours a day, but the person you are contacting probably doesn't. More importantly, what the hell do you have to say that can't wait 24 hours until Monday morning? Do you think that this hot new lead you picked up is SO spectacular that the guy you're calling is going to drop everything he's doing to get to the office to underwrite the deal?
The idea that you need to be available on the weekends is the worst kind of self-masturbatory arrogance. People have lives. Principal or employee. Maybe you know that this particular person usually works weekends, but perhaps this is the Saturday his kid has a baseball game. Maybe their parents are sick. Send an email and ask if you can chat, don't just dive right in. It's a real estate deal - in its most literal sense it isn't going anywhere, and waiting until Monday morning almost certainly isn't going to lose you a sale.
Agreed, I come in on the weekends sometimes to work, also work late nights, but very quickly I realized that real estate is a team sport. Just because I work on the weekends or nights, I cannot expect people on the other side of the table to answer calls or emails. That will just annoy and piss off people. So, if I am working on the weekends or nights, I typically work on things that do not need input or answers from other people. I will also often do all my work and prepare 3 or 4 draft emails on the weekends and on monday morning, I will fire them off. Life is too short, people should enjoy the weekends, spend time with parents, family, friends and I really dont want to bother them with stuff that can very well wait until monday morning.
You can disagree but you don't have to be so pompous about it
If I can make $200k and the client can make $2mil. They're getting a phone call on a Sunday while at church. I don't really care. Made several calls this weekend. One client and I were texting until 11pm last night about our offer that's getting written up today versus Wednesday.
I'd rather not find out if it can wait. I'd rather just "do."
It's been said on this forum more than a few times, nobody has ever said anyone is being too aggressive in CRE brokerage. For the record, I never said I was on call, it said it's a 24hr business. I don't pick up for everybody.
Don't call on weekends!
Everyone is going to say not to do it. You can call on Saturday during late mornings generally I have found. Haven’t done it in years but I’ve found deals this way.
The truth is there is no bad time to call. Not calling is worse. You never know who’s going to need your help or when.
What Merchant_of_Debt said: better to call than not call and keep it to Saturday mornings or early afternoons. Keep it to under 2 minutes and end it with "I'll send you an email with additional information".
Dude, just imagine yourself in your potential clients' shoes. Would you really want to be contacted about business (that you are probably not interested in, certainly given that
It's actually really interesting how divided this thread is, especially given the people on either side. Goes to show how few hard and fast rules there are.
I think it's amazing. It speaks to a disconnect between what brokers think they should be doing, and what their clients want them to do. The divide on this thread is clearly (assuming people's profiles are accurate) that most brokers are saying yes, call on weekends but keep it brief, while REPE/development/asset management folks are pretty united in saying "wait til Monday" (or email).
Not saying that the folks on this thread are a representative sample, but brokers... maybe this is a wake up call that those Saturday morning cold calls aren't achieving what you want them to, and may very well be having the opposite effect.
It could also mean some of these brokers have success making calls on the weekend. Investment folks on this site might be saying no, but I’m not sure how many have actually received a call on the weekend and are just saying they wouldn’t want it. Although that is definitely a warranted answer, I have a feeling the brokerage community saying to call on the weekends here has actually done it and been successful. Also, this is a super small sample size. Either way, if the contact won’t talk to you on a weekend, I just have a slight feeling they won’t talk to you on a Monday anyway.
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