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Price Drop Alert

What is Price Drop Alert?

The Price Drop Alert feature allows you to send listing alerts to your leads based on specific criteria such as City, Property Type, Price Range, Percentage of Price Drop, Bedrooms, Bathrooms, and more.

You can configure the alert frequency and assign alerts to Tags, Stages, Sources, or individual leads. Once configured, email notifications are automatically sent whenever a property matching the selected criteria experiences a price reduction, helping your leads stay informed about the latest price drop opportunities.

How to Create a Price Drop Alert?

  1. Navigate to Alerts > Price Drop Alerts.

  2. Click the + icon in the Price Drop Alerts row.

  3. Enter the name of the alert.

  4. Select the area.

  5. Select the property category.

    • Residential

    • Condo

    • Commercial

  6. Select one or more building types.

  7. Select one or more building styles.

  8. Select the property status.

    • Sale

    • Lease

    • Sub Lease

  9. Select the basement option.

  10. Select the garage space requirement.

  11. Select the square footage range.

  12. Select the Days on Market.

  13. Select the alert frequency.

  14. Enter the number of properties to send. A maximum of 10 properties can be included in a single alert.

  15. Enter the number of bedrooms.

  16. Enter the number of bathrooms.

  17. Specify the price range between $0 and $5,000,000.

  18. Select the percentage of price drop between 1% and 50%.

  19. Click Create Alert.

The new Price Drop Alert will be created successfully.

How to Update Details in a Price Drop Alert?

  1. Navigate to the Price Drop Alerts page.

  2. Locate the alert you want to update.

  3. Click Edit under the Actions column.

  4. Modify the required criteria.

  5. Click Update Alert.

The changes will be saved successfully.

How to Delete a Price Drop Alert?

  1. Navigate to the Price Drop Alerts page.

  2. Select the checkbox next to the alert you want to delete.

  3. Click the Delete icon from the Price Drop Alerts row.

  4. Review the confirmation message.

  5. Click Confirm to proceed.

Note: Alerts that are currently assigned to active leads cannot be deleted.

The selected alert will be deleted successfully.

How and When Are Price Drop Alerts Executed?

Price Drop Alerts are processed according to the configured alert frequency.

Alert emails are generated and delivered between 9:00 AM and 10:00 AM on the scheduled execution date.

Note: If a lead does not open up to 10 consecutive Price Drop Alert emails, the CRM will stop sending further Price Drop Alerts to that lead. This helps maintain email deliverability and reduces the likelihood of messages being marked as spam.

How to Assign a Price Drop Alert to Tags, Stages, Sources, and Leads?

From the Price Drop Alerts Page

  1. Navigate to the Price Drop Alerts page.

  2. Select the checkbox next to the alert you want to assign.

Assigning to Leads

  1. Hover over the Lead icon.

  2. Click Assign to Lead.

  3. Search for and select one or more leads.

  4. Click Assign.

Assigning to Tags

  1. Hover over the Tag icon.

  2. Click Assign to Tag.

  3. Select one or more tags.

  4. Click Assign.

Assigning to Stages

  1. Hover over the Stage icon.

  2. Click Assign to Stage.

  3. Select one or more stages.

  4. Click Assign.

Assigning to Sources

  1. Hover over the Source icon.

  2. Click Assign to Source.

  3. Select one or more sources.

  4. Click Assign.

The selected Price Drop Alert will be assigned successfully.

From the CRM Page

  1. Navigate to the CRM page.

  2. Select the checkbox next to the desired lead.

  3. Click Price Drop Alert from the available actions.

  4. Select the alert you want to assign.

  5. Confirm the assignment.

The selected lead will be assigned to the chosen Price Drop Alert.

From the Lead Profile Page

  1. Open the desired lead profile.

  2. Click the Profile section.

  3. Scroll down to the Price Drop Alerts section.

  4. Click the + icon.

  5. Select the Price Drop Alert you want to assign.

  6. Confirm the assignment.

The lead will be assigned to the selected Price Drop Alert.

How to Remove or Pause a Price Drop Alert?

  1. Navigate to the Price Drop Alerts page.

  2. Under the Active column, click the number displayed for the alert.

  3. The list of assigned leads will be displayed.

  4. Select the desired lead.

To Pause a Price Drop Alert

  1. Click Pause.

The alert will be temporarily disabled for the selected lead.

To Remove a Price Drop Alert

  1. Click Remove.

The alert will be permanently removed from the selected lead.

Result

Price Drop Alerts have been successfully configured and assigned. Matching property listings with price reductions will be automatically sent to the assigned leads, tags, stages, or sources according to the selected criteria and alert frequency, helping leads stay informed about the latest price drop opportunities in the market.

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