RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

No More Losing Leads: The Five Minute Rule and Acquisition of FiveStreet

Home News
By Frederick Herot
October 28, 2013
Reading Time: 2 mins read

For years now, we have talked about the issue of losing leads because of the time it takes to respond quickly. In reality, five minutes of waiting for a response can still be too long considering a competing listing is just one click away.

Our teams at realtor.com®, TigerLead® and Top Producer®, Inc. plus a select group of some of the best agents in the business spent months together in meetings, webinars, at events and on the phone focusing on the issue. What came out of this were two areas we needed to focus on: response time and systemized (but personal) follow-up.

Realtor.com® and TigerLead® were producing an abundance of leads, and some agents were closing them easily. What was gratifying to us was the fact that many of the best agents used Top Producer® CRM to capture the lead and follow-up systematically.

But there was a gap in two areas: In many cases even if an agent or small broker had other team members to back each other up when things got busy, there was a need to figure out who would jump on the opportunity and make sure someone was “on it.” Otherwise it could be like bad fielding where the ball drops between two players, each assuming the other was going to catch it.

Page 1 of 2
12Next
ShareTweetShare

Related Posts

Great Spaces: Wild Luxury on Mexico’s Pacific Coast
Industry News

Great Spaces: Wild Luxury on Mexico’s Pacific Coast

September 11, 2025
NORIS Partners with FBS to Launch Flexmls Platform
Industry News

NORIS Partners with FBS to Launch Flexmls Platform

September 11, 2025
Built for What’s Next: How NextHome Is Guiding Real Estate Into a New Era
Brokers

Built for What’s Next: How NextHome Is Guiding Real Estate Into a New Era

September 11, 2025
Leading With Experience and Innovation
Agents

Leading With Experience and Innovation

September 11, 2025
Mortgage Rates Continue to Drop
Industry News

Mortgage Rates Continue to Drop

September 11, 2025
Consumer Price Index: Inflation Rises Again, but Rate Cut Remains Likely
Economy

Consumer Price Index: Inflation Rises Again, but Rate Cut Remains Likely

September 11, 2025
Please login to join discussion
Tip of the Day

Three Ways to Highlight Your Listing’s Neighborhood

Buyers are purchasing more than just a home when they sign their final offer—they’re buying into the entire neighborhood, so it’s a good idea to get acquainted with it yourself to highlight all of its features to potential buyers. Read more.

Business Tip of the Day provided by

Recent Posts

  • Great Spaces: Wild Luxury on Mexico’s Pacific Coast
  • NORIS Partners with FBS to Launch Flexmls Platform
  • End-of-Summer Upgrades: Small Renovations With Results

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X