Reduce the Cost of Your Real Estate Flyer Box Expenses Posted On : Apr-16-2010 | seen (187) times | Article Word Count : 411 |
Summary: By being creative Bears Roquan Smith Jersey , real estate agents can drastically reduce the expense of purchasing real estate flyer boxes by teaming up with a local mortgage broker or bank. Equally sharing the brochure box and printing expense leads to lower real estate marketing costs and effective marketing exposure. Real Estate Brochure Boxes are an essential ingredient for promoting homes and property. They are a great way to advertise your listing and your services. Anytime you can have someone read an advertisement about yourself or point them to your website is a golden opportunity.
Of course you will hear the whiners say that brochure boxes do not work and it is to much of a hassle. Homeowners love to hear they are going to fork over several thousand dollars in commissions and their agent is to cheap and lazy to spend a few bucks on a brochure box and format a sales flyer.
Fortunately you are a smart real estate professional and you take every opportunity to show your customers that you are using every promotional tool at your disposal.
Don't pay full cost for flyer boxes anymore. Chances are you or your company is already teamed up with a local mortgage broker or bank. Make an agreement with them to equally share the cost of brochure boxes and printing of sales flyers.
Understanding Marketing Agreements
RESPA does not prevent joint advertising between two settlement service providers, such as a mortgage banker and a real estate broker advertising their services on the same brochure or newspaper ad. However Bears Jordan Howard Jersey , each advertising party must pay for his share on a proportionate basis.
So if a real estate broker equally shares ad space with a title company, each party must pay 50 percent of the ad cost. Paying more than the pro-rata share can be considered by the Department of Housing and Urban Development (HUD) as "accepting a thing of value" for the referral of business Bears Khalil Mack Jersey , which is a violation of RESPA's Section 8 anti-kickback provision.
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Format one side of the sales flyer with information about the listing, yourself and your company. On the reverse side Bears Riley Ridley Jersey , have the mortgage broker or bank format their information.
Both you and the mortgage professional benefit from increased exposure and reduced expense, while the consumer benefits from the convenience of having the information they need in their hands.
Bringing in a co-marketer to share the expense is the easy and intelligent way to keep your marketing budget under control.
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