So, there I am...sitting in the drive-thru at McDonalds. (Not that important really...everyone reading this has been there more than once, I'm sure. So, you know what I'm talking about.)
I pull up to the little speaker and bark out my order from memory (probably a bad sign considering...) and wait for the voice of approval to squawk back at me with my total amount owed and telling me to pull forward to the first window...which I do willingly and with much anticipation (OK, so I might be over-exaggerating that 'anicipation' part. I mean...this is McDonalds...).
I sit in my Sport Family Truckster (that's what I call my Dodge Caravan Sport...its better than saying I drive a mini-van, isn't it??) and politely hand the dude on the other side of the sliding glass window my debit card. Swiped and freshly charged $4.35, he hands it back to me...and without a word, shuts the window.
Puzzled...I sit there.
And....I sit there.....
And..........I sit there.........
And..................I sit there....................contemplating why I didnt just go to Burger King....I mean, its been a long time since I have been there. It's just right up the street. And, the service there is always faster anyway. Dang it. Should have gone to Burger King...I could just drive away right now...After all, it's only $4.35...Not much of a loss...Yeah, that's what I will do...I will just drive away...OK, one more minute...
And...................I..........sit..............there...........waiting..........for what must have been a good three, maybe even four minutes!!!
I KNOW!!
The horror!!
The drama!!
The unmitigated gall!!
Making me wait that long...what were they thinking??? Don't they know that I want what I want and I want it right now??? Isn't that the entire point of using a service like this???
Suddenly, the window flies open and Silent Bob hands me my food and WHAM! door is closed again and I drive off feeling like I just wasted 4 minutes of my life. (This had better be the best breakfast burrito I have ever eaten, damn it...)
Now, correct me if I'm wrong...(and I'm willing to bet dollars against donuts that I'm right)...but, there are WAY more real estate agents in your town than restaurants. Knowing this, and knowing that all of you have said "yes" to those last two questions I asked about wanting what I want and that being the entire point of using their services...Why on Earth would you wait to follow up on a client??
By hitting your website and requesting information...aren't they sitting on the other side of that sliding glass window in your drive-thru lane just waiting for you to hand them the bag full of goodies they requested??
Let's examine a couple things to prove my point...
Did you know that the average real estate agent waits 54 hours to follow up on an internet inquiry?? 54 hours!! In case you aren't that quick at math, that is over 2 days!! (If you remember from the example above, I was ready to leave after 4 minutes...)
According to a recent study done by Kellog and MIT, you are 21 TIMES more likely to turn an internet inquiry into a client if you contact them the first time within the first 5 minutes of them being on your website versus waiting only 30 minutes.
And, that percentage chance drops to single digits if you wait longer than 90 minutes.
Let me give you a quick example of what that difference is...(There is some physical involvement here. Trust me, this little exercise will drive my point home nicely...)
Find a box of paperclips.
Once you have done that...take out one paperclip and lay it down on your desk. Now, take out 21 paperclips and lay them out end to end across your desk in front of you.
See the difference??
21 TIMES MORE LIKELY TO GET A CLIENT by calling them back in 5 minutes versus 30!!
So, why would you wait over 2 days?? Or, 90 minutes?? Or even 10 minutes?? In the internet world, 90 minutes is an entire ice age!! What do you think making them wait for over 2 days seems like?? Yeah...in the internet world, that's an eternity!!
Bottom line -- If you do not have systems in place to allow you to respond to an internet inquiry within the first 5 minutes of having it, you are losing clients. They are leaving your site and heading to another site that will give them what they want with the response times they require. Your clients want the same thing you do while you sit in the drive-thru. They want what they want and they want it right now. And, if they cant get it from you, they are going to find somewhere else to get it.
* For the record, The chart I used above is from the Kellogg Lead Response Management Study.
** Also, for the record, the McDonalds and Burger King logos were posted on other blogs that I read and were posted with permission from those other bloggers.
*** Oh yeah...In the interest of full disclosure and a generous dose of CYA... All opinions with regards to either restaurant's quality, speed, location, value, taste, convenience, or any other noun you can insert here are STRICTLY MY OPINIONS. They are not fact. And, should not be taken as such.
If you would like more information about Real Estate Client Referrals and how we can help you make more money, please contact Clint at 800-977-7058. If you would rather stalk us voyeuristicly, you can fan us on Facebook or follow Clint on Twitter.

If you have ever read
Let's face facts...buying a foreclosure isnt exactly a simply process. In fact, some would say the entire process sucks.
Charming: Small. See also, "Tiny". Snow White might fit, but five of the dwarfs would have to find their own place. See also "Cute," "Enchanting," and "Good Starter Home."
Easy to heat: See “cozy”.
Lots of storage space: The basement is too small to be called a family room.
Natural setting: Forget about planting anything because the deer will eat everything in your yard but the sagebrush and knapweed.
Park-like setting: There is a tree located somewhere on this block.
Townhouse: A 3 story walk-up on the north side that is sandwiched between two others that look exactly the same. Not only can you hear your neighbors fight, but you hear when they play music, watch TV, use the bathroom, or blink.
Okay, I've had enough.

"Your letter regarding title in Case No. 189156 has been received. I note that you wish to have title extended further than the 194 years covered by the present application. I was unaware that any educated person in this country, particularly those working in the property area, would not know that Louisiana was purchased, by the U.S., from France in 1803, the year of origin identified in our application. For the edification of uninformed FHA bureaucrats, the title to the land prior to U.S. ownership was obtained from France, which had acquired it by Right of Conquest from Spain. The land came into the possession of Spain by Right of Discovery made in the year 1492 by a sea captain named Christopher Columbus, who had been granted the privilege of seeking a new route to India by the Spanish monarch, Isabella. The good queen, Isabella, being a pious woman and almost as careful about titles as the FHA, took the precaution of securing the blessing of the Pope before she sold her jewels to finance Columbus' expedition. Now the Pope, as I'm sure you may know, is the emissary of Jesus Christ, the Son of God, and God,it is commonly accepted, created this world. Therefore, I believe it is safe to presume that God also made that part of the world called Louisiana.
Someone please explain that to the braintrust of Re/Max of New England.