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Close-up of hands flipping through $100 bills, symbolizing lost sales opportunities due to poor lead follow-up in real estate.

The Hidden Money in Follow-Up: How Many Sales Are You Ignoring?

Ryan Taft, Impact Eighty-Eight |

You Might Be Losing Sales—and Not Even Know It

Back when I was in new home sales leadership, I had a sneaking suspicion: our salespeople weren’t following up with leads effectively—or maybe not at all.

I had reasons to believe this (low conversion rates, incomplete traffic reports, etc.) But I needed proof.

So, I ran an experiment.

 

The $100 Follow-Up Test

As I visited sales offices across the Phoenix valley, I noticed something troubling: stacks of registration cards stuffed in drawers—hundreds of leads just sitting there.

Were those leads being contacted? There was only one way to find out.

Without the sales teams knowing, I slipped a crisp $100 bill into each stack, burying it about 7–10 cards deep in all our sales offices. My plan? Return a week later to see if the money was found. If it was, it meant they were actually calling those leads.

The result? Not a single $100 bill was touched!

Think about it. Hundreds of buyers were waiting for follow-up, and no one reached out.

This was a wake-up call for my team—and if you’re not following up consistently, it should be for you, too.

 

Why Most Salespeople Avoid Follow-Up (And Why That’s a Huge Mistake)

Many salespeople assume that if a prospect doesn’t buy on the first visit, they’re not serious. Wrong.

Here’s what’s really happening:

  • People don’t always buy on the first visit. They’re weighing options, discussing with family, or getting finances in order.

  • Their pain gets worse over time. The longer they stay in their current situation, the more pain points increase.

  • When the time comes to make a move, they buy from the salesperson who stayed in touch.

Think about it: If a buyer leaves your office at a “level 5” dissatisfaction, how long before that frustration grows to a “9” or “10” after another rent increase, a growing family, or a longer commute?

Who will they call when they finally reach their breaking point?

The sales pro who kept the relationship alive.

 

How to Follow Up Like a Pro (Without Feeling Pushy)

Follow-up isn’t about “checking in”—it’s about staying valuable and relevant at the right time. Here’s how:

Be consistent, not annoying. Sporadic effort won’t keep you top-of-mind. Have a structured plan in place.

Personalize your outreach. Reference past conversations, specific needs, and upcoming opportunities.

Offer something useful. Share relevant insights, financing options, or market updates.

Use multiple channels. Calls, emails, texts—people respond differently, so mix it up.

 

Stop Leaving Money on the TableOr Worse, In a Drawer

If you’re not following up, you’re handing sales to your competition.

Audit your leads. Who haven’t you reached out to recently? Pick up the phone.

Commit to a follow-up strategy. Even a simple, consistent approach beats no approach at all.

Be the salesperson they remember. When buyers are finally ready to move, make sure they think of you first.

 

Losing buyers to poor follow-up? Let’s change that.

Contact us today to learn how our performance improvement programs can help your team convert more leads into buyers.

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