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Ambassador
3,448,381
Anna Banana Kruchten Phoenix Broker
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Zero.  I have focused for 35 years on building relationships and a huge network of referrals.

Nov 01, 2022 05:14 PM
Rainmaker
1,391,923
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Listings: Because I do advertise my listings on social media, $4.89 on average as a perk to helping my listings broadcast, I get leads from the ads.

My Business:
FREE - yes no cost,  since for my business I'm 100% working by referral.

Nov 01, 2022 01:22 PM
Ambassador
3,101,326
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

just time and effort, no paid leads in my life.

Nov 01, 2022 02:04 PM
Ambassador
3,187,812
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

My time invested in writing great SEO content and the cost of hosting my website. 

Referrals made and received. 

Nov 01, 2022 02:00 PM
Rainmaker
2,147,809
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

The large majority of my advertising was on free sites like Active Rain (I did pay for the account to begin with) FB , my own web pages etc.. If I were to guess I'd say it was less than $25.00 each.

Nov 01, 2022 02:10 PM
Ambassador
2,851,098
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

A successful closing for a past client. Priceless!

Nov 01, 2022 03:13 PM
Ambassador
4,160,391
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

My cost to acquire has always been hard work and developing relationships.  I show people that I am honest, trustworthy, and caring rather than pay for leads.

Nov 02, 2022 04:56 AM
Ambassador
4,689,136
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Because my business is 100% repeat & referral (including agent referrals), the cost for me is my monthly reaches, keeping my websites, marketing sites & IDX running, pop-bys and my quarterly client appreciation events.

Those reaches, benefits of having high-tech at their fingertips (and to market for them when they list their homes) as well as our client appreciation events, all cover the referrals (my CTA) AND my cost of doing business.

Nov 01, 2022 10:11 PM
Ambassador
1,904,584
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

I have no idea.

Nov 02, 2022 05:54 AM
Rainmaker
4,709,995
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Zero - retirement has some benefits!

Nov 02, 2022 03:36 AM
Rainmaker
920,968
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I prefer a differant calculation that I beleive to be more revealing.
In all of these actions it becomes easy to bury real costs like blogging, SEO, grip & grin, and those networking events. All are essential to keep the pipeline flowing.
A suggestion may be to calculate ones entire market budget, that means the cost for the CRM, Zdevil, closing gifts, annual calendars and EDD, etc. Divide that by the number of closings. That is the real cost. One may want to include 2000 hours of direct time into that calculation.
For an active agent that could be between $500 to $1500 per closing.
Still a good investment for a $12,000 pay day. Not so good if 50% goes to the broker and a 40% referral fee and 10% to team lead.
Now the question becomes, "what else could one do with $1500 that would deliver better results?"
Like many here, if one's real estate business is over 10 years old, most business comes directly from past clients. CTA = Zero

Nov 02, 2022 05:50 AM
Rainmaker
1,086,159
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I'd have to say zero, nada, nothing, zilch unless, of course, you include my time & effort then it's priceless...lol

Nov 02, 2022 07:55 AM
Rainmaker
964,456
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Virtually zero . . . so much is repeat and referral, the best ones being client referrals . . . 

Nov 02, 2022 07:41 AM
Ambassador
5,897,830
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

No clue, none of ours are actually paid for other than a lot of time spent blogging.

Nov 02, 2022 06:48 AM
Rainmaker
5,477,304
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Only the cost of my website.   Referrals come from my sphere and repeat clients.

Nov 02, 2022 06:37 AM
Rainmaker
1,086,375
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

More than half my leads come from my SOI. The rest for a variety of sources. I have no idea what average cost might be.

Nov 02, 2022 08:26 AM
Rainmaker
716,450
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Depends on which year.  Currently I only pay real estate fees, data base fees and website fees.

Nov 02, 2022 04:31 PM