I’ve got some good news for all you technical dinosaurs:
Don’t worry about it!
It’s just not very important to be up-to-speed on all the latest techie stuff, in order to be a great REALTOR®. In fact, if you’re constantly re-inventing your business to accommodate the latest trend, it’s impossible to deliver a compelling and consistent message.
Real Estate is a relationship-based business, and you don’t need technical gadgets to build relationships.
I’m not saying you shouldn’t try your best to keep up with technical tools that can help run your business more efficiently. You should. Just don’t drive yourself crazy adding technology for the sake of adding technology.
Sometimes, a low-tech solution could work better for you than a high-tech one. For example, I still keep an appointment book. That’s right; an actual book, made out of paper, that you write on, with a pen.
I just like to...
I started my career the same way as most of you did, fresh out of Real Estate School with zero prospects and not having a clue what to do next.
I wanted to learn more, so I explored all the coaching options that were available at the time. But none of it seemed right for me, especially the idea of “prospecting” every day. Yuck!
I’m just not the type of person who enjoys calling people out of the blue and reciting canned scripts, “If they say this, you say that!”
Honestly, if I had to be a telemarketer to make a living at Real Estate, I’d rather scrub toilets in a Mexican jail.
I’m not passing judgment. We’re all different, and for some agents, “prospecting” is a highly-refined art, from which they derive both great success and personal satisfaction. To each their own.
The other thing the coaches were espousing was spending gazillions on “marketing,” including nonsense like...
“The images are BY FAR the most important component in the marketing of your property.”
Whenever I made this statement during a listing presentation, I can’t remember a single time when my clients didn’t immediately and emphatically agree.
Because, guess what they were doing right before I got there?
Looking at listings!
And, of course, there are always plenty of examples of listings with terrible photography. There’s no need for you to bring it up.
Your clients will often become quite animated about how awful some of those listings are.
Of course, you use a professional photographer for all your listings, right?
If you don’t, why are you even reading this? Go away! You need to go check out the Help Wanted ads, because you’re not going to be a REALTOR® for much longer.
Using a professional photographer is pretty much a basic expected service, nowadays.
So, what else is there to...
As a Listing Agent, you need to tie together hundreds of different tasks in order to achieve a successful sale. (The public has no idea how much work you do behind the scenes.)
But what is the primary purpose of all the work you do, up until the point of going “live” on the MLS System?
Your #1 most important job is to generate as many showings as possible.
The more showings you are able to generate, the higher the likelihood of achieving a successful sale.
There are plenty of things you can do to make your listing attractive to potential buyers, mostly centered around your presentation on the MLS System. For example;
Now, what about a video tour?
With the possible exception of some very high-end properties, a...
I have two questions:
I’m guessing, your answers are:
There are some extremely rare exceptions, but 99.99% of the time, the following is fundamental truth that cannot be denied:
Social Media is for promoting yourself, NOT for promoting your listings.
There’s nothing wrong with promoting yourself, of course. But if you’re not great at Social Media, don’t worry about it. You certainly shouldn’t be losing listings because your competitor is falsely boasting about their fancy-schmancy Social Media strategy.
Here’s how to ensure that never happens again:
When you’re in the Listing Presentation, even if you don’t use Social Media at all, the biggest mistake you can make is to ignore the subject.
Bring it up! Start by...
If you’re marketing on social media to capture leads, you absolutely must be using video. REALTORS® who use video on Facebook ads consistently get far cheaper and better quality results. If you think the future of social media marketing is not all about video, you’re not paying attention.
“If that’s true, why don’t you use video more, Ted?”
Mainly because I’m not trying to capture unknown potential clients, like you are. If you’re reading this, it’s because I’ve already specifically targeted you as a potential client for Knowledge First.
If I was going to make a comeback as an active agent (I’m not), I would most definitely concentrate my marketing on Facebook ads, and they would ALL be video.
Right now, 99% of REALTORS® are doing social media completely wrong, just randomly burning their time and money. Why bother? Spend a few bucks on proper training and learn how to do it...
“Anyone can post your listing on the MLS!”
Also, anyone can cut their own hair.
The point is obvious (I hope). The difference between an amateur MLS Presentation and a professional one, is night and day.
Let’s take a step back, and ask a fundamental question:
Answer: It’s the original source of information for 99% of your potential buyers.
If the information was found on the Internet (on any website), then the source of the information is the MLS presentation, every aspect of which was designed by you.
How else does anyone find out about your listings? If you can think of any answer to this question, then ask yourself, “What do they do next?”
Answer: They access the Internet and your MLS presentation to gather more information.
OK, that’s settled. Next question:
Answer: It’s to generate showings. As many as possible. Period.
Real Estate sales is...
The Real Estate industry is ubiquitous with misinformation around marketing.
The worst offenders—in my opinion—are the Big-Box Teams. You know who I’m talking about; there are numerous teams using this business model in every major market.
Some of these teams actually advertise how much money they spend every month on marketing! Thousands… tens of thousands… hundreds of thousands…
But, let’s get real for a minute and take a hard look at what their marketing is all about:
Don’t get me wrong. There’s nothing wrong with advertising your services. Just don’t imply that the money you’re spending is for the benefit of the seller.
There’s no other industry on the planet that boasts about how much they spend on marketing, and then tries to imply that they’re doing it for you.
"You should buy a Ford, because we spend millions on marketing!"
Doesn't that sound stupid?
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