Helping realtors create referral programs
Use Locorum's builder referral and rewards platform to generate leads for your company, with tracking and management in one place.
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What is a realtor referral and rewards platform?
A realtor referral and rewards platform, like Locorum, helps companies generate leads and increase sales through customer referrals. It streamlines capturing, tracking and managing referrals, making it easier to leverage your existing customer base to drive new business.
We get that you're constantly busy interacting with clients and managing multiple deals. This leaves little time for administrative tasks like tracking referrals and managing rewards.
Here’s how Locorum's software helps your real estate business run more smoothly for you and your customers:
- Increased referrals: Clients and partners refer their friends in two clicks, making it easy for them and getting you more referrals.
- Streamlined process: Never miss a referral with easy tracking and payouts in one place.
- Enhanced sales: Get more deals with a channel that converts 5x higher than any other.
- Eliminate admin: Save time without burdensome tracking so you can stay focused on the job at hand.
Realtor referral software
Realtors often struggle with implementing referral systems they can actually keep up with, leading to missed opportunities for new business. Manual tracking and management of referrals can be time-consuming and error-prone.
Locorum addresses these challenges by providing a streamlined referral platform tailored for mortgage companies. With Locorum, businesses can easily capture, track and manage referrals, saving time and enhancing customer engagement for higher conversion rates.
Customizable programs
Realtor referral pages
Create customized referral programs and Locorum will generate a landing page, complete with a unique URL to promote to your network. The landing pages are designed to be engaging and informative, showcasing your company's offerings and encouraging referrals to take action.
Lead tracking
Realtor lead tracking
Easily view and manage all incoming referrals. Each referral is displayed with contact information and referral details. Track the status of each referral, from initial contact to conversion. With just a few clicks, you can reward successful referrals, ensuring that customers are incentivized to continue referring their friends and family.
Seamless rewards
Realtor reward sending
Easily send customer rewards for various occasions such as customer thank you's, birthdays and contest winnings with just a few clicks. Or, give back to your employees with incentives and rewards. This feature not only incentivizes referrals and engagement but also helps strengthen relationships with employees and customers alike.
Contact management
Realtor database management
Add, manage and tag contacts for targeted outreach. You can easily import existing contact lists or add new contacts directly into the platform. Contacts can be segmented and tagged based on anything you'd like, allowing for personalized and targeted communication with different groups.
Personalized campaigns
Realtor campaign management
Create and send targeted email campaigns to your contacts with customizable templates and easy-to-use tools. Whether it's a promotional offer, a newsletter or a referral incentive, craft compelling messages that drive action.
Realtor referral pages
Create customized referral programs and Locorum will generate a landing page, complete with a unique URL to promote to your network. The landing pages are designed to be engaging and informative, showcasing your company's offerings and encouraging referrals to take action.
Realtor lead tracking
Easily view and manage all incoming referrals. Each referral is displayed with contact information and referral details. Track the status of each referral, from initial contact to conversion. With just a few clicks, you can reward successful referrals, ensuring that customers are incentivized to continue referring their friends and family.
Realtor reward sending
Easily send customer rewards for various occasions such as customer thank you's, birthdays and contest winnings with just a few clicks. Or, give back to your employees with incentives and rewards. This feature not only incentivizes referrals and engagement but also helps strengthen relationships with employees and customers alike.
Realtor database management
Add, manage and tag contacts for targeted outreach. You can easily import existing contact lists or add new contacts directly into the platform. Contacts can be segmented and tagged based on anything you'd like, allowing for personalized and targeted communication with different groups.
Realtor campaign management
Create and send targeted email campaigns to your contacts with customizable templates and easy-to-use tools. Whether it's a promotional offer, a newsletter or a referral incentive, craft compelling messages that drive action.
Try it out with a 14-day free trial
What our customers say
"Locorum is by far the best touch point I have with my clients. In just 6 months it’s helped me grow my network quickly without spending a huge amount on ads."
“I love that I can add all the other businesses I work with as recommendations on my profile. Now I can just send my clients who ask for these types of services to Locorum. I look like the rockstar and it saved me a ton of time.”
“Locorum allowed me to be serious about my business. Finding the time and resources can be tough and Locorum provided me with the platform to basically build my own website in 10-minutes. I connected with real customers in just a few weeks.”
How realtors use Locorum
Past client referral programs
Realtors build past client referral programs to tap into their satisfied clients' networks, encouraging them to refer new homebuyers, leading to more sales and increased customer loyalty.
VIP client referral programs
Similar to past client referrals, realtors encourage VIP clients to refer new homebuyers with exclusive referral incentives for their top clients, motivating them to refer high-quality leads.
Industry partner referral program
Realtors collaborate with industry partners like home inspectors and contractors, rewarding them for referring new business, which strengthens partnerships and drives growth.
Client gifting
Realtors send personalized client gifts for closing or other events to show appreciation, celebrate milestones and maintain long-term relationships, ensuring their brand stays top of mind.
Contests
Realtors run contests on social media, in newsletters or at events to engage their audience, offering cash rewards to winners, which increases brand visibility and attracts potential clients.
Sign-up incentives
Realtors offer rewards for newsletter signups, event registrations, completing surveys, home equity report signups or other actions to incentivize sign-ups and capture valuable leads.
Get started with our best tips and tricks for realtors
5 Best Practices for Skyrocketing Referrals in 2024
Boost your referral program with these 5 best practices for skyrocketing referrals in 2024. From email signature supercharge to post-sale introductions, learn how to take your referrals to interstellar heights.
The Perfect Moments to Ask Home Buyers for Referrals
Closing Gifts: Why they work and how to do them right
Need clarification?
How does Locorum help realtors generate more referrals?
Locorum provides a streamlined referral process, making it easy for you to incentivize your customers to refer their friends and family. Create customized landing pages with unique URLs for each referral, making it easy to promote the program to your network.
How can I track the status of referrals?
Track the status of each referral through Locorum's lead management system. View and manage all your incoming referrals and easily reward successful referrals.
What features are included in my Locorum subscription?
Locorum has different plans to cater to all types of realtors. Each plan offers a unique set of features catered to how you want to run your referral and rewards. See our plans and pricing here.
Can I personalize my rewards to clients?
Yes, realtors can personalize rewards for their customers through a custom-branded Mastercard with your company logo on it. That way, every time a customer uses your reward, they see your brand. You can also send a personalized message tailored to your customers.
How long has Locorum been around?
Locorum was founded in 2019 as a marketing company and over the past three years has evolved into a leading edge software solution and marketing suite.
What are the legal implications for realtors?
Realtors in each province (and state) face different legal regulations around referral marketing. The key element for Realtors is Locorum is a fully-managed program, meaning you do not ever reward the client directly. The client is rewarded for actions taken on the platform. We provide end-to-end management of the programs and you pay us for the marketing we do. Rewards are not tied to closing or real estate contracts. Please contact our team for specific information related to your area of operation.