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Become a REALTOR | 48 Posts
Uncategorized | 1 Posts
February
5

Become the Neighborhood Expert
Buyers and sellers talk about "the real estate market," but real estate agents know the truth: The U.S. is filled with thousands of individual markets. Each can have radically different conditions.

To brand your business and make the biggest difference for your clients, you should focus in on a smaller level: The neighborhood. Neighborhoods can each offer distinct challenges and opportunities, as well as amenities and culture that will appeal to particular kinds of people.

Learning a neighborhood inside and out is the ideal way to stand out in your field.

Still, even once you've learned everything you need to know about a neighborhood, you also need to communicate that knowledge in a way prospective clients will appreciate. They need to have a sense for your expertise before they will even reach out and contact you!

How can you make that happen? Let's look at six ways:

  1. Send E-Newsletters
    E-newsletters are an amazing way to stay in touch with potential customers who aren't quite ready to start the buying or selling process. You can highlight the latest trends in a given neighborhood and add some urgency to their decision-making.

  2. Develop Comparative Analyses ...
    If you have the time, customized information personalized to a prospect is the most powerful way to create a relationship. A comparative analysis helps prospects see how homes similar to theirs have performed on the market recently.

  3. ... or Use Market Reports
    If you don't have time to customize for each client, market reports can be written for each neighborhood you serve. A market report distills facts and stats on a neighborhood's market climate, including average home sale prices and amenities. This narrows a prospect's search.

  4. Explore the Neighborhood
    Clients are becoming more and more interested in video content, which they can consume easily through mobile devices while on the go. With short-form video content, you have the chance to highlight what really makes a neighborhood special while building rapport with viewers.

  5. Report on Big Trends
    As the expert, you'll find yourself doing a lot of research on your neighborhood. Clients can't dive into the same sources as you, but they still want to know what's going on. Consider keeping a blog where they can go to stay up to date on the latest.

  6. Always Keep Learning
    Neighborhoods can change and evolve quickly. No matter what mix of approaches you use to prove your expertise, it's essential that you keep reading, keep researching, and stay in contact with those who can provide you with up-to-the-minute info.

BHHS Homesale Realty Will Teach You to Add Value for Your Clients

Part of being a real estate agent is determining how you can make a difference, then making that difference obvious to others. In many cases, you'll have to be willing to add value to a person's home search even before they are willing to ink an agreement with you.  That positions you as a knowledgeable, trustworthy expert they can work with.

Many people ask us: Why a career in real estate? One reason is that you have the chance to use your expertise – on locations, the market, and more – to make a difference for others. A good real estate agent makes a tremendous impact in both money and peace of mind.

Join BHHS Homesale Realty and you'll learn the best ways to achieve true mastery of all there is to know about your chosen local market. Plus, you'll get the tools and techniques to keep your knowledge up to date and the mentorship to really use it in your business.  Contact BHHS Homesale Realty to find out more.