today`s
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today`s
TODAY’S BUYER’S REP A p u b l i c a t i o n o f t h e R e a l E s t a t e B u y e r ’s A g e n t C o u n c i l , I n c . A w h o l l y - o w n e d s u b s i d i a r y o f t h e N a t i o n a l A s s o c i a t i o n o f R E A LT O R S ® April 2012 · Volume XXI · Num ber 4 Unique Marketing Ideas! This month, Today’s Buyer’s Rep investigates numerous new and interesting marketing ideas that can connect you with buyer-clients and other real estate professionals. Marketing takes hard work and discipline. But it also requires creativity and inspiration. Since Spring is the season for new beginnings, what better way to celebrate than to explore fresh and unique marketing ideas? Look inside to see how other buyer’s representatives have put a spark in their marketing efforts. Consider ways you can adopt or adapt these ideas into your own marketing plans. You’ll also find new twists on using social media, perfect for buyer’s representatives. If you appreciated these unique marketing ideas, please let us know. If you have other ideas to share, please tell us about that too. We always enjoy hearing from our members and supporting your efforts. Reach out to us at [email protected], or on Facebook, LinkedIn, Twitter, or the ABR® Network. Sincerely, Marc Gould REBAC Executive Director LOOK INSIDE... Nextdoor.com: Bringing Back the Front Porch Chat page 5 When Agents Go to the Dogs page 6 REALTOR® University’s Graduate School is Open for Business! page 8 MEMBERSHIP UPDATE WORTH QUOTING... “The best way to have a good idea is to have lots of ideas.” – Linus Pauling, chemist, peace activist, author, educator Generation Buy Course Now Offered Online At any given time, today’s real estate professionals may be working with four generations of real estate buyers: Millenials, Generation X, the Baby Boomers, and Matures. So how do you assess the distinct wants and needs of these generations and nurture real estate client relationships for a lifetime? Say hello to Generation Buy—now offered online or in a classroom setting. In this one-day course, students will examine the characteristics of these home buying generations and evaluate their expectations and communication preferences. Your Resource 4 Real Estate Education training4re.com is the place to go for course details and specific offerings for eleven different NAR designation and certification programs, including: ABR® - Accredited Buyer’s Representative AHWD - At Home With Diversity® BPOR - Broker Price Opinion Resource CIPS - Certified International Property Specialist CRB - Certified Real Estate Brokerage Manager e-PRO® - e-PRO® Certification GREEN - NAR’s Green Designation PMN - Performance Management Network RPR™ - Realtors Property Resource® RSPS - Resort and Second-Home Property Specialist SFR® - Short Sales and Foreclosure SRES® - Seniors Real Estate Specialist® 2 TBR • April 2012 Generation Buy counts as one REBAC elective course to be applied towards the ABR® designation. It is also being submitted for Continuing Education credit. To take this course online, visit LearningLibrary.com. Classroom offerings are posted at training4re.com. Have you considered CRB? The Certified Real Estate Brokerage Manager (CRB) designation is one of the most respected and relevant designations offered within the real estate brokerage management industry. It is designed to elevate professional standards, enhance individual results and office performance, and recognize brokerage leaders who demonstrate the knowledge essential to the successful practice of brokerage management. Learn more about the CRB designation at crb.com; to sign up for CRB courses, go to training4re.com. Reminder: Courses at Midyear Meetings If you’re attending NAR’s Midyear Meetings, May 14-19, 2012, in Washington, D.C., don’t miss this opportunity to take the newest courses, including: Listing and Selling REO Properties - Tuesday, May 15 BPOs: The Agent’s Role in the Valuation Process - Tuesday, May 15 Realtors Property Resource® (RPR™) - Monday, May 14 For more information on these Midyear Meeting educational events, go to REBAC.net. Connect online with fellow ABR®s for news, tips and referrals! REBAC.net Showcase Your Home My kitchen is being featured on a local charity kitchen tour. I also bought an ad in the program. On tour day I’ll have a steady stream of women coming through my home, providing a great opportunity to share our enthusiasm for cooking and creating a special kitchen, as well as showcasing my expertise in home design and real estate. This same idea would work equally well for general house tours and garden walks. Linda Walters, ABR®, e-PRO® Sage Realty LLC Wayne, PA One-A-Day Networking Every week I identify five real estate agents from around the country who I want to connect with via e-mail, focusing on REALTORS® who have earned the same designations I have. This approach helps me ensure that I’m establishing contact with experienced real estate professionals who share my interests and commitment to real estate. Chyrel Madden, ABR®, e-PRO®, GREEN, PMN, SRES® Randall Morris & Assoc. Real Estate New Braunfels, TX It Was All in the Cards I decided to join a bridge group which led to two closed transactions in a matter of months. Plus, I’ve become an avid bridge player and made some terrific new friends. Getting involved in a new hobby can be a great way to expand your horizons and your business. Lynn d’ Lindsey, ABR®, AHWD, CRS, e-PRO®, GRI Rector Hayden REALTORS® Lexington, KY One Penny at a Time I’ve had more fun—and gotten the best response—from sending out one-cent stamps to clients when we’ve had rate increases. I also include a simple note, saying “I wanted to make your life easier, just like working with me.” Dee Davey, ABR®, CRS, GRI, SRES® RE/MAX Associates of Mansfield Mansfield, TX Good to the Last Drop I’ve gotten great results with customized water bottles. Create a personalized label, using your logo and choosing colors, fonts, etc. to suit your message and style. My water bottles display my company logo and contact information. I set them out at open houses and offer them to any consumers or agents who come through the door. I also place some in the refrigerators at my new construction listings and allow guests to take home a cold beverage. I use BottleMyBrand.com, but there are other similar sites. Costs vary, depending on how many cases you order, but expect to spend at least $1/bottle if you order already-labeled bottles. To save money, order the labels only and apply them yourself, using whatever water bottles are on sale locally. Michelle Hanson, ABR® HP Realty Group, Inc. East Bridgewater, MA TBR • April 2012 3 REBAC Consumer Content: Put it to use! Wish you had a professional writer on your team? Do you struggle to create consumer content for your site? Your blog? Your e-mail campaigns? Take advantage of consumer materials already developed by REBAC, which can be repurposed in a variety of ways. Examples: • Turn our consumer one-sheet topics into a series of e-mail campaigns. With nearly 20 one-sheets already posted, and more coming, there are plenty of topics to select from. • The Home Buyer Toolkit covers ten steps in the home buying process—perfect for adaptation into a series of blog posts or content for the “Buyers” section of your site. • Articles in Today’s Buyer’s Rep cover various niche markets and could be just the thing to share with clients interested in these topics. REBAC’s reprint permission process is easy and entirely complimentary. To request permission to reprint or repurpose REBAC Content, please contact Jessica White at [email protected]. Put it in (Hand) Writing In an age of technology and texting, people want relationships. The mailbox outside your front door may be full, but what is the one thing you open? A personal hand-written note. Once I started doing this, I’ve had referrals come in on a weekly basis. I’ll follow up with the person providing the referral to personally thank them over lunch, breakfast, or just a cup a coffee. Relationships matter in this business, and personal connections are the way to cultivate them. Paula Hagerman, ABR® RE/MAX VINTAGE Houston, TX Stand Out in Traffic Over a year ago I acquired a used Volkswagen Beetle. It’s royal blue, matching the Coldwell Banker logo. I had it detailed and wrapped with my contact information and picture. Now I use it in all my ads. It’s my traveling billboard and gets tons of smiles and waves. Gloria Harkins, ABR®, SFR® Coldwell Banker Town & Country Real Estate Altoona, PA 4 TBR • April 2012 NextDoor.com: Bringing Back the Front Porch Chat In your grandparent’s era, everyone knew their neighbors, everyone had polite conversation with people who lived nearby and neighbors gathered at the back yard fence or on the front porch to “visit” and socialize. Today, few people even know their neighbors. We live on the Internet, often spending more time online than sleeping and eating…combined! During the transition from face-to-face to “interfaced,” something precious was lost. NextDoor.com has stepped in to help us find it—and to bring “neighborly” back into vogue. Do: • If there’s a group in your area, join it. • If there isn’t a group, set one up (it only takes a few minutes). NextDoor.com offers a new approach to an old tradition, including: • Be active on the site and tell others about it—talk, answer questions, be involved. • Neighbors talking to each other again Don’t: • An online platform for ease of access • • A private social network, for security and safety Actively push your real estate business. (Simply let your bio explain what you do.) • Staying in touch is easy and convenient, regardless of individual schedules, physical limitations and/or other personal restrictions • Avoid talking about real estate in most of your posts. (Occasionally is okay, but remember, you are a neighbor first.) • Become the one who “takes” instead of “gives” in a social network. (You know the type, they soak up all the limelight and risk driving away other members.) What are the benefits to members? • Ask questions and offer answers or assistance to neighbors • Stay informed on issues impacting your neighborhood • Get qualified recommendations on service providers in the area • No fees, no commitment, no problems How does this benefit a buyer’s rep? You can utilize this networking opportunity to strengthen ties to your own neighborhood. It’s a great tool to connect in a non-aggressive way to people living close to home, in the area you know best. Also, stay on top of the issues that impact your area. Share any information (both positive and negative) in a conversational, friendly way. You can also share important documents, events, dates and happenings. Soon you will become the “go to” person for information on the neighborhood because you are the one who knows what’s going on with city council, local property taxes, school rankings, the winner of the Easter egg-rolling contest, and the newest arrivals to the area. (“Let’s all welcome the Smiths to Glendover!”) Regardless of your neighborhood involvement so far, you can become a leader in your community using NextDoor.com. Sometimes opportunity knocks on your front door. Answer it! TBR • April 2012 5 When Agents Go To The Dogs Making a connection is always easier if you and your potential client share a common interest. In the words of one Maryland buyer’s rep, “it makes conversation natural and is much easier than cold-calling.” Three buyer’s reps recently shared their own unique marketing techniques revolving around their love of dogs. Pam McCutcheon, ABR®, GREEN of Small Dog Realty in Bozeman, Montana goes beyond the candid shot of her and her dogs on the index page of her Web site and actively promotes pet adoption in her area and donates part of her commission to any Montana shelter. She says it raises awareness about the shelters, helps animal lovers find a new pet, and helps shelter animals find safe, loving, permanent homes. Deborah Schnitzler, ABR®, CIPS, GRI of Century 21 Real Estate Champions in Pinellas County, Florida converted her daily walk with her two poodles and mixed breed into a unique marketing opportunity. She printed up large flyers with a photo of her and her three dogs with the question “Do you know me?” A paragraph beneath the photo said she had recently retired and had taken a position as a real estate agent. She added some additional information, including how to contact her. Schnitzler says she passed out about 250 flyers. The result? Now, her daily neighborhood walks involve congratulations on her retirement and discussions about real estate, rather than polite nods and comments about the weather. She wants to concentrate her efforts in her own neighborhood and has found just the way to do it—thanks to a little help from her furry companions! 6 TBR • April 2012 Kate Snyder, ABR® of The Prigal Brothers and Associates, RE/MAX Realty Group in Gaithersburg, Maryland, merged her passion for dogs with her existing work with a local rescue and added a splash of creativity. Voilà! A fantastic promotional opportunity! Her inspiration? Her three miniature Dachshunds and a rescued Bassett Hound-Pointer mix named Savannah, from K9 Lifesavers. Snyder says her work with K9 Lifesavers is a natural complement to her real estate career. Not only does she connect with pet owners, whom she says usually want larger homes and property, but she also helps place rescue animals. She gives back to the community and builds her business doing what she loves: volunteering as an Adoption Coordinator for K9 Lifesavers and manning their monthly adoption events. Both Snyder and McCutcheon have completely intertwined their love for animals with their real estate marketing efforts, promoting their company at various shelter events. Snyder also makes doggie bags filled with tasty canine treats and gives them away at the local dog park. With a ribbon, she attaches two business cards to the bags—one for her real estate business and another for her work with K9 Lifesavers. Her motto? “Helping canines and their owners find a FURever home.” These three agents have all incorporated their personal passions into their professional lives with doggone good results! What can you do to incorporate yours? Deborah Schnitzler with (from left) Brandy, Maggie and Jackie More Alpha-Dog Marketing Ideas 1. Sponsor Fur Balls, Dog Walks, and other special events hosted by rescue shelters. 2. Give promotional T-shirts, pet ID tags, water bowls, or other items to all prospective adopters and volunteers at rescue events. 3. Provide a folder of dog- related information and local business information (including your real estate services and contact details) to all who adopt a new pet. 4. Make a donation to your local pet rescue on behalf of anyone using your real estate services. t i r i p S m Tea I farm in two communities that feed into my daughter’s high school. We are very active in the PTA, the Athletic Booster Club and Spirit Clubs. But I’ve also found that football games provide fantastic networking opportunities. Like other local businesses, I buy ads on spirit calendars or football programs. But I also invest in my own football schedule wallet cards, which cost roughly 75 cents each. They display the Varsity and Junior Varsity schedules, along with the school’s contact information. The other side has my photo and contact details. Kate Snyder at K9 Lifesavers adoption event Before the season begins, my daughters and I walk to area shopping centers asking to leave the wallet cards. Store owners are happy to give them to customers from the area. Customers appreciate having the schedules at their fingertips. And I love them because they promote two things I’m very proud of—the company I work with and our high school. The football wallet cards have helped spark enthusiasm around the community and helped my business. Gail Lamb, ABR®, SRES® ERA Troy Realtors San Antonio, TX Pam McCutcheon’s promotional postcard (above), and Pam with some of her favorite dogs (below). Branding Opportunity: E-mail Signature My e-mail signature has created a lot of buzz. I incorporated my branding logo, showing me at the beach on my shell phone, waiting for your phone call. There are also several working links, including my LinkedIn, Facebook and Twitter profiles, as well as links to my blog, and even a video of the area, all in a clean, attractive graphic layout. Kelly Klein, ABR®, AHWD, CIPS, CRS, e-PRO®, GREEN, LMC, PMN, RSPS, SFR®, TRC Lifeguard Real Estate, Inc. TBR • April 2012 Panama City, FL 7 1-800-648-6224 [email protected] Real Estate Buyer’s Agent Council, Inc. 430 North Michigan Avenue Chicago, IL 60611 TODAY’S BUYER’S REP April 2012 · Volume XXI · Number 4 REALTOR® University’s Graduate School is Open for Business! REALTOR® University launched its first Master of Real Estate course, Real Estate Law (RE520), on February 27. The Master of Real Estate curriculum emphasizes the practical skills and concepts the real estate industry demands from real estate professionals and blends theory with real-world applications. Even if you missed the first class, four eightweek sessions remain in 2012. The next session begins April 30th. Sign up now and save! The first 40 students in the Master of Real Estate program this year will receive a $2,500 grant for being part of the charter class. This will be distributed as $500 per course for the students’ first five classes. Want to learn more? Call 855/786-6546 (RUONLINE) or visit RealtorU.com