Belize Real Estate  Links  
Real Estate Information

Real Estate Values or Just Bad Habits


There are several small businesses that retain hundred year old traditions. Hand-dipped chocolates, fresh flowers and cloth napkins on every table in a restaurant, or mints and roses on a guest's pillow at a B&B. Loyal customers come to expect these little perks or tokens of quality in the product and changing your traditions might mean the loss of your evangelical customers. These are unspoken signs of a company's value system and devotion to the customer. Then, there are traditions that are a little harder to explain.

There are two curious habits in the real estate industry that have always baffled me. They are age-old traditions and the public has come to accept them as part and parcel of the product. But are they a reflection of company values or just a couple of really bad habits?

The first....Why do real estate agents put their picture on absolutely everything? Real Estate agents are there to sell houses, people come to the agent to buy a house not because the agent has auburn hair or because he is smiling. The image presented through this type of marketing is that of an egoistical, self centered, self serving person.

I have asked many agents why they do it...the answers range from; because the company requires it, simple I don't knows, to I need it to stand out from the competition. (If all the competition is doing the same thing, how does that set you apart?) There are many people who have their own businesses and are sole-propritors from hair dressers to contractors, pool cleaners, consultants and lawyers but they don't plaster their headshot all over everything that relates to their business. There could be some reasons why they don't. Sending the wrong image of self importance is one. Another reason is aging. As people get older they become less satisfied with the way they look, a little less hair, and few saggy chins, smile lines that have turned into furrows. Real Estate agents face this problem head on...they just leave the same picture on their business card for their entire 25 year career, a nice youthful look. Finally, since marketing materials cost money and space is at a premium maybe they think it is better to use that space showing the product or benefit to the customer instead of a self portrait.

The second tradition that seems more like a bad habit is to have flyers and doorhanger bags strewn all over a neighborhood, and scattered on your prospective clients front porch. If it is a particularly popular neighborhood this means you find this stuff at your doorstep 3-5 times a week thanks to 10 or 15 different agents! I've even seen this stuff delivered on Sundays. It's really convenient for thieves..they know you've been away on vacation even if the mail is being held at the post office. How many people pick up those flyers while vowing to NEVER do business with the agents who turn their yard into a landfill's delight! It also is baffling that real estate agents see themselves on the same level as pizza places, gardeners, and the local handy man, all of whom market this way too. I have never seen a professional lawyer, doctor or accountant, market themselves in this manner.

At some point one's values should win over tradition. Respecting the client (and their front porch), making the client's/prospect's priorities your priorities must become the focus of a successful career. Common sense and creativity should come together with customer service, and bad habits should be broken, even if all the competition plans to carry on.

I would like to encourage all real estate agents that might read this. Be a leader, put a picture of a door knocker or house on your business card. I know its a radical idea, but take the challenge! Wouldn't that space be better used talking about your specialties or how long you've been in business? Who knows, you might even generate some goodwill by not cluttering up a porch with flyers that go straight into the trash.

Meredith Gossland is the owner of Lasting Impressions 2, a small business marketing service, in Los Angeles. http://www.lastingimpressions2.com


MORE RESOURCES:

Real estate developer says he plans to make cash bid for Philadelphia's 2 ...
Washington Post
PHILADELPHIA — A wealthy real estate developer said Tuesday he and four partners plan to make an offer to buy the city's two largest newspapers, whose downtown offices he already owns. Bart Blatstein said he plans to pursue an acquisition of some or ...

and more »


Data Center Knowledge

Alexandria Real Estate Q4 FFO Rises - Quick Facts
NASDAQ
(RTTNews.com) - Alexandria Real Estate Equities Inc. (ARE) Tuesday reported an increase in funds from operations for the fourth quarter, as revenues grew. Funds from operations, FFO, attributable to common stockholders for the quarter was $67.8 million ...
Alexandria Real Estate Equities, Inc. Reports Fourth Quarter and Year Ended ...MarketWatch (press release)
2011 Operating Results And Increased 2012 Guidance Announced By National ...Daily Markets (press release)
BRE Properties 4Q Net Soars As FFO ImprovesWall Street Journal
4-traders (press release) -RTT News
all 68 news articles »


MarketWatch

Asia real-estate bull turns bearish
MarketWatch
“Singapore and Hong Kong are two of the freest economies in the world, yet you pay more in stamp duties [real-estate transaction taxes] now than you would in London, because they are very worried about the markets continuing to overheat,” Murphy said.

and more »


Real estate market rebounding
Park Record
The Park City Board of REALTORS shut the book on the 2011 real estate market, releasing their annual report on last year's number of sales, sales prices and number of foreclosures. 2011 sales increased by a total of six percent from the year before ...
Real Estate Market Picks UpKIII TV3

all 2 news articles »


AsiaOne

REAL ESTATE: Refinancing expanding for Fannie/Freddie borrowers
Press-Enterprise
With the changes that are expected to make the program much more effective, the program is being called HARP II by those in the real estate and mortgage industries. Probably the most significant improvement is that it lifts the ceilings on the amount ...
US mortgage giant plans massive auction of foreclosure propertiesA Place in the Sun

all 141 news articles »


Apple Valley real estate developer rejects offer in San Bernardino County ...
San Bernardino Sun
By Mike Cruz, The (San Bernardino County) Sun SAN BERNARDINO - Apple Valley real estate developer John Dino DeFazio, who is charged with six counts of perjury related to a county corruption probe, turned down a plea bargain offered by prosecutors ...

and more »


China Daily

Real estate market likely to see an increase in M&A activity
China Daily
By Hu Yuanyuan (China Daily) BEIJING - China will see more mergers and acquisitions in the real estate sector this year, with domestic players continuing to dominate the market, according to industry analysts. The cash flow of property developers will ...
Cushman & Wakefield | Commerce Releases 2012 Utah Commercial Real Estate ...Utah Pulse

all 3 news articles »


KDRV

Rogue Valley Commercial Real Estate In Upswing
KDRV
Signs advertising commercial space for sale are not hard to find in the Rogue Valley, but local real estate agencies say these spaces are gradually becoming easier to fill. Strips of retail or office space are seen in many areas around Medford.
Q&A: Broker's job expands as market contractsPress-Enterprise

all 3 news articles »


The Real Estate Book Helps Agents Go Mobile in Just Minutes With Free Online ...
MarketWatch (press release)
LAWRENCEVILLE, GA, Feb 07, 2012 (MARKETWIRE via COMTEX) -- With more and more consumers relying on mobile devices for local information, real estate professionals can no longer ignore this increasingly important channel when marketing properties.
The Real Estate Book Helps Agents Go MobileRisMedia.com (press release)

all 4 news articles »


Real estate profile, Feb. 7, 2012
Seattle Post Intelligencer
By AUBREY COHEN, SEATTLEPI.COM STAFF Northeast Seattle's Bryant neighborhood happens to have three stylish Tudor-style homes on the market right now within a half a dozen blocks of each other for $479000 to $499000. We'll start with the lowest-priced ...


Google News

home | site map | Colorado Log Homes | Homes for Sale in Denver Metro
© 2006