The post Have you Googled the number you call leads from? You might be leaving business on the table appeared first on REM.
]]>Ever get those missed calls from unknown numbers? You know, the ones you ignore and then Google to see who called? Well, guess what? This is what your leads are doing when they’re not picking up the phone. And it’s a golden opportunity knocking at your door.
Imagine turning those missed calls into clients. Have you ever actually Googled those numbers to see what shows up when the leads Google the number?
This isn’t some far-fetched idea — it’s a real tactic that can boost your business. It’s a micro-moment that’s oft-neglected, especially when it comes to phone numbers tied to a CRM. CRM-based numbers are more likely to seem like they’re fake when calling. They’d have no history or results most of the time, which for many people is a clear sign of a scam call.
So, that snap judgment of, “Is this spam, a scam or a call worth answering?” is a critical moment. You don’t have long to convince someone.
You should do two things — the first is setting up a branded call display.
The second … Imagine this for a moment. They type your phone number into Google and the first result is:
“Did XXX-XXX-XXXX just try calling you? That was me!”
They’re going to click on that.
The same way you respond to online leads, you approach this with:
Tell them who you are, point out why you’d have been calling and then ask them a question.
So, that opening could be: “Hi, I’m Andrew with JSH Realty. You got a call from XXX-XXX-XXXX, you typed it into Google and now you’ve come here. Are you curious why I called?”
Then, you can list out the ways you collect leads and go into a call-to-action. These will be specific to your business.
This is a really easy backend page to put on your website. It will also be easy to rank at the top for your phone number since no one is trying to compete with you.
Turning missed calls into clients isn’t just possible, it’s a simple way to boost your conversion rates. By creating a dedicated phone number page, you provide potential clients with the information they need and make it easy for them to reach out to you. Start implementing this today and watch your missed calls turn into valuable client interactions.
By the way, if you want a PDF template of how the page on your site should be structured, just DM me on Instagram with PHONE SEO so I know what you’re looking for, and I’ll send you the PDF.
Andrew Fogliato – The G is silent – is the owner of Real Estate Magazine and Just Sell Homes. He mostly talks about marketing but sometimes ventures into other topics in the real estate world. Sometimes he also writes bios in the 3rd person.
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]]>The post Mastering sales: Balancing volume and refinement for success appeared first on REM.
]]>Sales results really shouldn’t be a struggle. Many business owners and realtors find prospecting to be labourious perhaps because they are doing the wrong things. These things include focusing on what they like in their business, rather than what is actually needed to succeed. But it’s time to level up and win.
Volume focuses on achieving the sales numbers — it’s purely based on the quantity of leads that come in and the deals that you close.
On the other hand, refinement involves the quality of sales and customer interactions. Refinement strategies zero in on improving customer satisfaction and building long-term relationships over the long haul. Here, customer feedback is extremely valuable.
Here are some tips on implementing volume and refinement strategies.
1. Expand your market. Identify new target markets or demographics. Who else can you reach out to? What problems can you solve in different markets?
By focusing on and expanding your ICP (ideal customer profile), your results will surely come. Research emerging neighbourhoods, cities or regions with high growth potential. Keep up with real estate trends (price changes and economic factors).
2. Generate leads. Do the grunt work yourself or hire others to do it for you. Invest in activities like advertising, content marketing, SEO and cold outreach. Develop a robust online presence through social media and create a strong website.
Focus on the activities that bring in results. Do more than you think in at least one or two of those areas, and refine your approach later.
3. Provide incentives. As a senior sales executive or broker, you need to motivate your sales team with performance-based incentives. We often hear about this, but it truly moves things along. When your team members feel important, they will work harder.
A great commission or bonus can do wonders to boost motivation, for example. You can base quarterly or annual bonuses on overall performance.
1. Use a CRM system. By tracking important conversations, you learn about your customers. You can take measures to improve interactions and strengthen overall customer service. Customer feedback should be analyzed. Always identify what you can do better.
The number one interest of real estate agents is to capture more leads. Lead management through a CRM (customer relationship management) system will automatically capture leads from various sources, including your website, LinkedIn and other social media as well as listing sites.
2. Get professional sales training. Continuously train your sales team on best practices. Keep them up to date on product knowledge. Find out what areas individual reps need to work on (cold outreach, content marketing, following up, etc.). By investing in such training or coaching, the productivity of your sales reps will increase. In-depth training on the local market, including neighborhood specifics and zoning laws will greatly benefit agents.
3. Add a personalized touch. Tailor your sales approaches and marketing messages to individual customer needs. Offer additional services that enhance client experiences. Providing after-sales support to demonstrate your care is crucial for maintaining relationships, encouraging referrals and reinforcing your overall reputation as a broker or realtor.
Volume provides quick gains. Whether achieved through digital marketing, open houses or networking, your overall outreach increases. The idea is to test what works. Begin by doing a ton of cold calls, posts on social media, etc. Then, go back and refine your message, your sales script and how you connect with customers after the sale.
Testing what works is uncomfortable. No one likes to feel like they don’t have it right, but that’s exactly where it all begins.
Refinement provides sustainability. By understanding your clients better, you serve them better. As you move forward in your business, remember that a balanced approach to volume and refinement strategies is great for learning and improving sales.
Nicole Attias is the owner of Prospect2Win. Prospect2Win is a sales-based company in Canada that is dedicated to helping businesses get in the door through cold calling and presentation training. Nicole facilitates workshops and webinars for real estate agents and various real estate boards. Contact – nicole@prospect2win.com
Stay tuned for my upcoming eBook, “Transform your sales approach – More than just a cold call.”
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]]>The post From likes to leads: Instagram engagement tips to boost your real estate business in 2024 appeared first on REM.
]]>Ready to sharpen your Instagram game, boost lead generation and grow your community (and your real estate business) this year?
In an era where authenticity reigns supreme, delivering unforgettable social content that captivates is the secret sauce for taking your real estate brand to the next level.
What makes content unforgettable, you ask? Today, we’re spilling our agency-approved Instagram tips and strategies for increasing engagement and building a real estate brand that stands out from the crowd.
To create compelling captions that resonate with your audience, use a proven caption formula to drive engagement on Instagram:
1. Start with a scroll-stopping hook. You already know from scrolling through social media that the hook is what makes you stop and read. Strong hooks evoke emotion and make viewers think “I HAVE to hear what they’re going to say next!” This could be a compelling question, a bold statement or a powerful statistic related to real estate.
Here are some unique hook examples.
2. Tell a story. When it comes to Instagram marketing, sharing basic tips and generic advice is no longer an effective strategy. Instead, use storytelling in your caption to connect with your audience more deeply, provide valuable insight and stir emotion. Make your content memorable and impactful by sharing your personal experiences and lessons learned as a realtor.
Remember, every story has a beginning, middle and end. Use the beginning to paint the picture of the problem, share the climax in the middle (what happened next) and then offer key takeaways to end with the solution or transformation.
3. Add a call to action. Don’t overlook this important step in creating a killer caption. At the end of your post, invite viewers to engage with a clear call to action that prompts them to take the next step — like visiting your website, booking a consultation or engaging with your content.
For example:
“Head over to the link in my bio to schedule your free call.”
“Comment ‘MOVE’ and I’ll send you my free Buying Guide!”
“Ready to buy or sell a home in 2024? Hop into my DMs and we’ll chat about your real estate goals!”
You keep getting told to “show up authentically”, but what does this even mean? The reality is, it’s different for everyone. The best way to connect with your audience is to share a glimpse into your daily life — morning coffee at your favourite local spot, your furry friends or the Netflix show you’re currently binging, for example.
Contrary to popular belief, potential clients aren’t necessarily going to connect with you for what you sell. They’re going to connect with you because of who you are. And, as it turns out, once people feel connected with you, they’ll be a lot more interested in your business.
The easiest place to start? Your Instagram stories! Showing up regularly on your Instagram stories is the perfect way to share relatable moments and establish trust with your audience. This is what really entices your dream clients to “slide into your DMs.”
Ask yourself: who are you outside of your role as a real estate agent? Maybe you’re also a parent who spends your free time hiking and LOVES thrifting on the weekend. Whatever your interests are, sharing what makes you unique provides endless opportunities to connect with potential clients.
Instagram Reels has become a powerful tool for boosting engagement and nurturing your audience. The best part? You don’t need extensive video shooting or editing skills to do it.
Help potential clients visualize working with you by capturing simple b-roll (short, behind-the-scenes video clips) of your daily life as a real estate agent. It can be as simple as unlocking a door, touring a home, exploring a neighbourhood, talking on the phone or working on your laptop. Once you’ve gathered your clips, it’s time to tell a story.
Give these Reel prompts a try:
Camera shy? You’re not alone. Luckily, carousel posts are another effective way to boost engagement on Instagram. Here are a few ways to use carousel posts in your content strategy.
Education. Educate your audience about the current state of the real estate market, emerging trends and investment opportunities. Break down complex topics related to real estate into easy-to-understand slides, providing step-by-step instructions, tutorials or informative graphics. Refer to the caption formula above for mapping out your carousel.
Client success stories. Use carousels to share success stories from past clients. Keep in mind that it’s not just about sharing client feedback, it’s about spelling out the transformation from the client’s perspective while, at the same time, showcasing your expertise.
Local business and neighbourhood highlights. Highlight local businesses to showcase the community and support fellow entrepreneurs. Include photos of businesses such as coffee shops, boutiques or restaurants, along with captions that describe the products or services they offer and why they’re worth visiting. Encourage viewers to support local businesses and explore the neighbourhood.
Your turn! Use these proven strategies in your Instagram marketing today, and you’ll start seeing results. By embracing these tactics, you’ll not only enhance your content but also cultivate an online presence that resonates deeply with your ideal clients and keeps you top-of-mind when they’re ready to make a move.
Up next, stay tuned for some of our best website tips to attract the right audience and leave them wanting more (plus, find out what NOT to do!)
Web of Words is an award-winning creative marketing agency passionate about helping entrepreneurs use their voices, share their stories and grow their businesses. Specializing in copywriting, web design, branding and social media marketing, they’ve helped hundreds of small businesses expand their impact online and off. Find out more at webofwords.ca.
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]]>The post How to attract seniors with free information about downsizing appeared first on REM.
]]>If you’re a realtor skilled at serving seniors, you may highlight your expertise by offering something like a free seminar, e-book, or tip sheet. Developing educational material specific to downsizing can be a bit of an investment, but it can pay off by getting you more high-quality leads among seniors than the one-size-fits-all marketing materials you use to attract other clients.
Downsizing-focused material is also more likely to catch the attention of seniors who don’t yet feel ready to list their homes. Once they’re in your database, you can start earning their trust by following up with further downsizing tips. That way, when they are ready to talk with a realtor, there’s a greater chance they’ll contact you instead of simply going to an agent who was recommended to them by a friend, family member or someone in the grocery store.
The free downsizing information you offer needs to be valuable enough that people are willing to surrender their contact information in order to get it. In other words, it needs to answer pressing questions they have about downsizing. Chat with people who are contemplating downsizing or think about questions past downsizing clients have asked you.
You can choose a specific topic (e.g. “When downsizing, should you buy or rent your next home?” or “Moving closer to family: things to consider”), or you can offer broader advice on downsizing.
Let’s say you decide to go broad and offer a short e-book that’s designed to attract seniors who have decided to downsize but may not yet fully understand everything that’s involved. It could start with a list of different possible reasons for downsizing, followed by an explanation of how downsizing is different from other moves. It could then go on to provide quick insights into
It might then talk about how a real estate agent who specializes in downsizing can help. The final page would include your bio and contact information.
Note that the main intent is to educate. That’s because until your reader better understands what’s involved in downsizing, they’ll have a difficult time appreciating why they should turn to a downsizing specialist like you for help.
There are three basic options for developing a downloadable resource like this.
Once you have a freebie, you’ll need to let people know about it. You can promote it through social media (free or paid), at public events, through direct mail postcards, and on your website — the possibilities are almost endless.
A couple of pointers:
Paul Cavanagh is a freelance writer who specializes in real estate marketing for seniors. Trained as an occupational therapist and urban planner, Paul has over 30 years of experience working with seniors and their families. You’ll find him at attractdownsizingseniors.com. To take the 3-minute quiz, go to getseniorleads.com.
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]]>The post Royal LePage launches QuickQuote™ to drive more seller leads to its agents with AI appeared first on REM.
]]>In an effort to create more conversations between potential sellers and Royal LePage agents, Royal LePage has launched QuickQuote™, an Automated Valuation Model (AVM) that provides Canadians with current market property valuations.
By focusing on providing value to consumers through AVMs, Royal LePage is able to help consumers while simultaneously helping their agents grow their business. It’s a true win-win.
QuickQuote™ is an AI-driven, algorithm-based software program which provides Canadians with current market property valuations. While there are other AVM tools available to Canadians, QuickQuote™ is the first truly national home value estimator on a real estate website.
AVMs generate instant estimates by using advanced analytics and algorithms that analyze data points for a specific property, typically factoring in things like market trends, historical sales data and current listings. The accuracy of AVM technology is largely dependent on the quality of data available for a certain property, with estimates varying depending on the product type or location.
These tools can be effective starting points for prospective sellers trying to estimate the current market value of their home. They also work as a great marketing and lead generation tool, as estimates need insights from a Realtor to help contextualize the valuation, prompting sellers to engage with an agent to better identify a home’s current market value.
In assessing the competitive landscape, the need to create a Canadian-based AVM customized for Canada’s real estate industry became apparent. With QuickQuote™, users can receive estimates for properties across Canada, both on and off the market.
The tool was designed to help generate consumer interest in a property and drive seller leads to sales professionals within the Royal LePage network, giving them an opportunity to strengthen their client relationships and build new ones.
Having accurate data to generate home price estimates is a critical aspect of an AVM’s success. This is why QuickQuote™ is powered by, and leverages, the proprietary real estate data, advanced modeling and AI techniques of RPS Real Property Solutions. QuickQuote™ generates an instant estimate range of a property’s current value, and also provides an opportunity to improve the estimates’ accuracy by entering additional details about the property, including square footage, number of bedrooms and bathrooms, renovations, and more.
Ultimately an AVM generates leads, facilitates conversations and allows agents to build relationships with potential sellers. With QuickQuote™’s unique and truly national data set, Royal LePage agents can take advantage of a new source of seller leads to grow their client database.
Sunny Tung is Royal LePage’s Senior Manager of Digital Product Development. He has over 17 years of experience in product management. Before Royal LePage, he worked at Bell Canada for 10 years launching a new mobile brand called Solo mobile and introduced live TV on your phone. Sunny also spent 4 years at Virgin Mobile where he helped transform them from a prepaid model to postpaid and managed all their content and services.
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]]>The post Wahi launches evidence-based ratings & lead generation system appeared first on REM.
]]>Real estate platform Wahi has launched an artificial intelligence-powered realtor recommendation system that aims to provide consumers with top realtors in their areas, and realtors with lead generations for clients.
“It’s meant for consumers to have a better way to find the best realtor for them,” says Wahi CEO Benjy Katchen, “And it’s a great way for great realtors to get new clients.”
Known as Wahi Marketplace, the system launched in parts of Ontario on June 22 after a more than one-month soft launch period.
Katchen says clients usually find realtors through local advertising, online searches or referrals from friends, family or colleagues. According to questions for Wahi included in Sagen’s First-time Homebuyers Survey conducted by Environics, 45 per cent of recent buyers or those intending to buy a home relied on referrals from family, friends or colleagues to find their realtor.
However, an evidence-based measurement of how well the realtor performs for clients was lacking, he says.
“What we’re trying to do is recommend the top 10 per cent realtor for the type of dwelling you’re trying to buy or sell in the area you’re trying to buy or sell in,” on a hyper-local basis, down to postal codes.
Katchen notes that a realtor who might be great in Mississauga “may not be the best realtor for downtown Toronto.”
Wahi worked with The Vector Institute, which is dedicated to AI research, to create the system. It considers several factors to match realtors with consumers, including property search location, type and price, realtor experience, expertise, performance and sales history.
Concerning sales, it’s not necessarily a question of who has sold the most. Rather, “We want to know that there’s a minimum transaction going in that area because that’s indicative that you know that area.”
Factors ranging from the syntax and grammar and photo quality of listings to how long it took for listings to sell compared to similar properties in the area are also considered.
“We invite certain realtors that meet our criteria to essentially opt-in,” Katchen says. “It’s entirely at their discretion.”
New realtors will not be invited to apply, he says, noting, “We think the message of getting a top 10 per cent realtor resonates with consumers.”
Realtors get qualified leads “at a level of digital savviness that may be above and beyond the average consumer, as these consumers have found them through a digital portal.”
If a deal closes after a realtor is recommended to a client, Wahi makes a 0.5 per cent commission.
During the first month of the soft launch period, Wahi signed up about 50 realtors and concluded its first deal using the new system with Jack Dyer, broker of record for Dyer Realty in Cambridge, Ont. who made a transaction with a client in Kitchener Waterloo after being matched.
Dyer says Wahi is choosing its real estate agents not by random but through research.
“They make sure they have a certain amount of experience. They actually even read reviews and knew a little bit about me and what I had done in the industry,” Dyer says. “As a real estate agent, you get called, at least I do, weekly from lead generation services which I promptly delete or ignore. But with Wahi, because of their research and the fact they know a little bit about you, we had that instantaneous connection. It felt nice to be recognized not necessarily for the volume of work that you do but the quality of work.”
Wahi connected Dyer with a young couple seeking a first home in Kitchener-Waterloo, Ont. The spring market kicked in, and it was “a terrible sellers’ market, so we had a really tough time, but we eventually found them a home that they love,” says Dyer, who has now been given a second referral by Wahi.
Katchen says the service is just getting going, “But we’re finding there’s a pretty good response — we’re finding clients for (realtors) that they wouldn’t otherwise find. It’s just another source of potential clients for them.”
“We don’t want to just spray leads around. We’d rather have fewer numbers of great agents that we’re working with that we know are going to respond when we send them a lead.”
– Benjy Katchen, CEO, Wahi
There is no specific target number for the number of realtors Katchen hopes will sign with Wahi.
Danny Kucharsky is a contributing writer for REM.
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]]>The post Getting in the door in commercial real estate appeared first on REM.
]]>Nicole Attias is the owner of Prospect2Win. Prospect2Win is a sales-based company in Canada that is dedicated to helping businesses get in the door through cold calling and presentation training. Nicole facilitates workshops and webinars for real estate agents and various real estate boards. Contact – nicole@prospect2win.com
Stay tuned for my upcoming eBook, “Transform your sales approach – More than just a cold call.”
The post Getting in the door in commercial real estate appeared first on REM.
]]>The post Your 4-step process to generate more business appeared first on REM.
]]>David Greenspan, CEO and founder of #MindShare101 is a nationally recognized keynote speaker, trainer and coach who helps sales professionals and businesses improve their sales and marketing efforts by
bridging the gap between online and offline marketing to achieve a higher ROI on every marketing dollar spent. His direct, raw, and real approach is designed to motivate you and give you the advice you need to know.
David’s goal is to help you build MindShare, creating a top-of-mind intuitive, instinctive reaction so when people think of the product or service you offer, they think of your name first, always putting you
in the right place at the right time to take your business to the next level.
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]]>The post How to generate more real estate leads appeared first on REM.
]]>A portion of your leads will likely come from your sphere of influence. By staying in touch with past clients and keeping the rapport going, they will hopefully refer you to others who are looking for a real estate agent. When done right, continually working your sphere of influence will lead to a steady string of leads in the years to come.
Patricia Clarke
Patricia Clarke, a real estate broker at Right at Home Realty in Ottawa, finds leads by focusing on a niche. “I don’t like to use lead generation systems as most of them are not qualified buyers or sellers. I also believe that the traditional cold calling and email marketing are not efficient or effective nowadays as people often perceive them as intrusive and ‘spammy’. What has worked for me is the use of ‘organic’ social media (not paid) and I focus my efforts on a niche. There are thousands of real estate agents in my market and that’s why it’s so important to have your own niche.”
Clarke explains her process: “Something that has worked for me incredibly well and with very little expense is informative (not sales) videos that I record and post periodically in Facebook groups that I am a member of and include my niche. In my videos I talk as authentically as I can. My videos are not rehearsed. I don’t use a script. People in my niche often tell me that they follow all my videos and are always looking forward to the next one. When I attend social events, people tend to recognize me and often introduce themselves or even just say hi as if they know me very well – so I believe my strategy works.”
Clarke continues, “Another thing that I do constantly is be very active in social media groups; answering questions regarding real estate, (making) recommendations. I do this from my Facebook professional page so my professional name shows. In this case, my goal is not only to help my community but position my name and constantly reinforce my brand. In this business, as we all know, having a full pipeline of leads and a ringing phone is often the most difficult goal to achieve.”
COVID-19 has shown us how essential it is to focus on technology to get more leads. Using social media to connect with people is often more effective than mail-outs or emails. Embracing the use of videos for your social media will kick things up a notch. If your phone’s camera isn’t adequate, you can get a quality webcam for under $100 that will do the trick. (Speaking of technology, you do have your own website to connect with clients, right? Not just a page on your brokerage’s website.)
Wins Lai
Wins Lai, a real estate broker with Living Realty in Toronto shares how she gets more leads, “I think when it comes to being a successful Realtor, a lot of people don’t understand that you need to spend money on making more money. Allocate part of your commissions for marketing (for example, 20 per cent of the commissions should be reinvested in your business), spending it on Facebook, Instagram marketing or flyering.”
One agent who asked to remain anonymous does one thing that she claims is responsible for more than half of the leads she receives – she picks up the phone. She calls one person a day from her contact list to keep her name uppermost in people’s minds. As she points out, not only is it effective because few people do it, but it’s also free. She is especially vigilant to call people on their birthdays and other milestones. Another agent takes it a step further by making sure he sees each of his top 50 contacts in person at least once or twice a year.
Les Twarog
A Vancouver real estate agent with more than 33 years experience, Les Twarog with Re/Max Crest Realty, may have nailed the way to get more quality leads. Twarog is aiming to create the next Zillow of Canada.
“Zillow is the number one company in the U.S. for lead generation with over $2.7 billion in sales to Realtors per year. They are now in Canada. Zillow’s market cap is $24 billion. With Realty Mega Data, we have the top local lead generation platform that provides real estate leads to Realtors in the Lower Mainland, with plans to expand to the rest of B.C. and then later to the rest of Canada. We get 4,000-7,000 unique visitors per day and 200-300 internet sign-ups per day with verified names, addresses and phone numbers. The conversion rate averages around two to three per cent, which is double to triple compared to other platforms.”
Twarog says “33 per cent of Realtors leave the industry in less than a year and 80 per cent of Realtors quit the business within five years. The biggest problem is getting leads. We have solved that problem with our platform.” Realty Mega Data is currently focused on expanding to cover all B.C. properties.
Amy Youngren
Amy Youngren, a founder and sales representative with Keller Williams Real Estate Associates North Group in Toronto, aims to never put herself in a position where she panics about generating more leads.
“The way I run my business, it’s all about consistency,” she says, “connecting with five to 10 people consistently – every single day – about their real estate plans and offering them value through that call, text or DM. Consistency is hard, so I put measures in place to keep me accountable: calendar reminders, a great CRM, accountability partners and a business coach. In fact, my business coach once said, ‘Big results are built on the back of daily micro-commitments.’ ”
Whatever you choose to do to generate more leads, it is vital that it fits your personality. Just because an expert or a fellow agent has success with something doesn’t mean that is the route you should go. For example, making videos to post on social media may not be the best lead generation option for an introvert. Cold calling isn’t ideal for people who don’t deal well with rejection. Staying true to yourself and doing what you are most comfortable with will get you the best results.
Nailing the ability to generate leads ensures your business will continue to grow. Having a lead generation plan in place is an investment in your future business.
Toby Welch is a contributing writer for REM.
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]]>The post Opinion: The mega agent illusion appeared first on REM.
]]>You know who I’m talking about; the slick dude (or gal) with the beaming smile plastered all over the billboards and the cheery voice emanating from every radio and TV station. They often have the standard paid celebrity endorsement also: If I need a Realtor in ‘insert city name here,’ I would hire ‘insert agent name here.’
Do they really think people are that gullible? I guess enough of them are.
The mega agent is always the No. 1 agent in town. This is determined by accumulating the total commissions earned from every agent on the mega team (sometimes 50 or more) and then comparing that grand total against each individual agent, partnership or small customer-service-focused team within the specified market area.
Not exactly a fair or meaningful comparison. And yet, they boast about this like they’ve won an Academy Award or something.
Of course, none of this is common knowledge to the general public or the unsuspecting, rosy-faced newbie agent. Not knowing any better, the newbie gets sucked in by a powerful recruiting message from the famous mega agent, enticing them to quit the struggle and join the biggest, most successful team in town, where life is always sugar plums and Lambo-Guzzis.
The lure of team camaraderie and the opportunity to learn at the feet of the famous mega agent is a compelling message. Unfortunately, it turns out that the training provided by the mega team is mostly limited to two things:
If you’re willing to do this type of work, you’re hired!
Actual real estate and customer service skills? Bah! Who needs those?
Make no mistake; lead generation – not real estate – is the mega agent’s business, and they’re damn good at it. They spend hundreds of thousands of dollars annually on advertising (in some cases, millions), generating tens of thousands of internet leads.
Then, they try to convince the public that they’re spending all that money “marketing your home.”
Ha. Haha. Hahaha. Yeah, it’s not very funny.
We all know the money is being spent on marketing themselves and creating leads for the team members to chase. Not that there’s anything wrong with that! Just please don’t insult my intelligence and try to convince me, as a potential seller, that you’re spending that marketing money for my benefit.
This type of misleading advertising is one of the biggest reasons why the public perceives Realtors as a bunch of bungling sleaze-bag amateurs, which is a real shame. And honestly, I feel terrible for those rosy-cheeked newbies who join the local mega team and end up with a completely false sense of what it takes to be a successful agent.
For more ranting and raving on this topic, check out my article In Defense of the Individual Agent.
If you want to achieve massive success in real estate, stop accepting that good enough is good enough. It’s not. And here’s a message to you rosy-faced newbies: Forget about joining the mega team. That’s a highly stressful dead-end job. And make no mistake, it’s a job, not a career. There’s only one person who truly benefits from your hard work: the boss.
Why not learn the skills it takes to build your own rewarding career?
“The best investment you can make is an investment in yourself… The more you learn, the more you’ll earn.” — Warren Buffett
After Ted Greenhough’s first year as a Realtor, he earned between $590,000-$865,000 every year for 12 consecutive years, all as an individual agent, without ever once making a cold call, reciting a canned script or doing any other “salesy” stuff. Now he runs Agent Skills, an online learning program for agents across North America.
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