Posts Tagged ‘niche marketing’
Why Many Realtors Fear Standing Out
Saturday, June 11th, 2011
Striving to stand out from your competitors can be a scary thing. It means that you have chosen to “break from the pack”. At the very least it can feel like you may be shunned, or, perhaps even have a target painted on your back as they go gunning for you. Here’s why giving in to those fears can cost you plenty and hold you back from your full potential.
During a meeting the other day, a group of agents were asked what they thought of a particularly new and rather unique presentation that was designed to help each of them stand out head and shoulders above their competition. I was completely blown away when one of them said they felt it was berating other Realtors (which it wasn’t). There is a huge difference between pointing out one’s own unique capabilities and putting down the competition, a distinction this sales pro seemed to have missed by a mile. While still trying to shake off my bout of incredulity, a flash of insight occurred that made it clear what the real problem was.
Sales associates are very social animals and most feel uncomfortable standing out from others in the industry. This is a phenomenon I’ve witnessed time and time again as a coach and trainer. It’s like their emotional right brain is saying: “It’s not nice to try to dominate the market by being different or unique because others are not going to like you.” Meanwhile their logical left brain is screaming: “You better stand out from the crowd or you’re going to starve and die!!” Imagine how effective you would be with those two conversations going on in your head.
Be different, stand out, and work your butt off.
~ Reba McIntire
Marketing 101 says you need to differentiate your services so that a) you are seen, and b) you are chosen. Striving to dominate a particular niche or stand out from your competitors does not make you a bad person. It makes you someone who gives the consumer an easy choice to make as to who they are going to use for their real estate needs. You can still stand out and be a great person. Giving in to the need to “fit in” and not rock the boat may make you feel more comfortable, until you realize that it will also make you poorer.
How to Empathize Your Way to Profits
Sunday, May 29th, 2011
You’ve probably heard the expression “Before you judge another man walk a mile in their moccasins.” Here’s another one for you: “Wear the skin of your prospects before you market to them.” Here’s how that last expression can make you a lot of money.
One of biggest mistakes that sales associates make when contemplating a marketing plan is failing to see things from the perspective of their intended target market. We are so used to being in “sales mode” that it can be very difficult to “wear the skin” of our prospects.
“Wearing their skin” simply means strongly imagining how they feel, what they fear and what excites them within the context of the real estate process. The more strongly you imagine actually “being them”, the more powerfully you able to tap into their emotional triggers, which is the very essence of what effective marketing is all about.
Another way to think of this process is “empathy with an agenda.” Yes, you need to deeply understand what powerfully motivates your target market. However it’s just as important that there is a purpose for all this. And that purpose is to have members of your target market choose you over any of your competitors.
Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a mile away from them and you have their shoes.
~ Jack Handy
This is often a difficult and delicate balance to maintain. Salespeople tend to skip over the empathy part and go right for the close in their marketing efforts. And newbie marketers tend to focus on creating empathy and often forget the call to action. It takes both to market successfully.
Learning to feel and experience life through another person’s eyes is not just a prerequisite to marketing successfully. It also happens to be a great way to go through life in the community of others.
When Ugly Wins
Sunday, May 22nd, 2011
It’s a pretty safe bet, that when you first thought about having your website built, deliberately making it “ugly” was probably the furthest thing from your mind. Yet the very first thing that top producer Mark Seiden said to me when he joined my most recent ULTRA eTEAM was: “I want to have the ugliest real estate website in the industry!” Well, he achieved his goal and here’s why he’s going to make tons more money than most of those with so-called “beautiful” real estate websites…
SellingMyHomeSucks.com is unlike any real estate website you’ve ever laid eyes on before and it took nearly 6 months of planning to make it that ugly. Also, you’ll find no IDX, no property search, no tips for buyers or sellers and it contains not one word about local neighborhoods yet I will stake my reputation on this becoming one of the most profitable websites in the real estate sales industry. And that’s even after my wife took one look at it and declared it “tacky”!
So what’s happened here? Has the market change so much that we suddenly find ourselves in a “bizarro world” where ugly is good and beautiful is bad? Well, not really. If you substitute the word “distinctive” for ugly you get at the heart of what Mark was really trying to accomplish. You see, he understood immediately that the key to success online was standing out and being as different as possible from any of your competitors.
And after about six months a rigorous planning on what would appeal to his target market of sellers who have listings that expired, he empowered “distinction” with effectiveness. What makes SellingMyHomeSucks.com so powerful is that it is designed for one thing and one thing only: to have any and all sellers who experienced the failure of not selling want to immediately contact him to take over the marketing of their home. If you put yourself in the position of the expired seller and feel their frustration, anger and confusion then look at SellingMyHomeSucks.com with those eyes, you’ll get the point.
SellingMyHomeSucks.com was “soft launched” (i.e. mostly completed but with a few minor refinements still yet to be done) on May 17, 2011. Mark sent the link to his site to a few of his friends, one of whom forwarded to a friend of theirs who was going to expire in about three days. That person immediately contacted Mark for a listing appointment. Not a bad early indicator.
The take away here is don’t assume anything when it comes to building a website. If there are any fundamentals they are: a) make sure your website speaks to the needs, wants, fears and desires of your intended target market, and b) make it stand out as much is possible from the rest of the competition.
Effective marketing is not about being beautiful. It’s about being seen, standing out and compelling your intended target market to want to do business with you. From this perspective, ugly certainly can be quite beautiful.
The Quickest Way to Get Better at What You Do
Saturday, May 14th, 2011
It’s safe to say that pretty much everybody in this business strives to get better. How you go about doing that is going to make all the difference in the results you’ll ultimately see. Here’s why…
Assessing Your Strengths and Weaknesses
The first step on the path to improvement is to become objectively clear about your current strengths and weaknesses. This comes about by asking the right questions, typically through what is known as an “assessment”. There are currently a huge array of assessments used throughout business. You may be familiar with and in fact have used the DISC profile which is a highly effective personality assessment used to help people communicate and work more effectively together.
An effective business assessment, however, is one that asks you questions about your current business that you may never have considered before. The value of this is that it causes you to think about your business in different ways and become open to possibilities you didn’t know were available. It is in this spirit that I created the free Confidential Business Assessment (CBA) specifically for real estate sales professionals who want to have a business that serves them rather than just a job selling real estate. Here are the five areas that it specifically assesses:
- Your Experience – including what kinds of business you do, where it comes from and your strengths and weaknesses;
- Your Business Strategy – including specializations (if any), ways you promote your business, written business plan (if any) and your “Exit Strategy” for when you retire;
- Your Goals & Aspirations – covers both financial and lifestyle goals and reasons you feel held back from reaching them;
- Your Business Operations - including how you currently get things done and how your current operational approach may be holding you back;
- Your Personality Profile – including your current DISC profile (if you had one done) and other factors that may impact your ability to achieve long-term business success.
Busyness Is Not the Same As Business
Sometimes sales professionals don’t want to assess their current situation, rationalizing that they are already so “busy”. The irony here is that this “busyness” is actually holding them back from having a viable business. A true business is one that serves you 24/7 whether or not you are in the office or on vacation. In case you hadn’t noticed they are not particularly easy to create (just ask the 3% of the industry who have successfully done so). However, this possibility is available to anyone who is willing (and courageous enough) to objectively assess their current situation.
You have to know where you are now before you can plot a path to where you want to go. If you would like to confidentially assess your own business, just CLICK HERE. It’s free, takes only 5 minutes and the process of just completing it could change your entire career.



You do a lot of work to drive traffic to your website. Blogging, social media, SEO optimization, pay per click ads, postcard campaigns, drip messaging… It’s overwhelming and probably costs you a fair chunk of your income. Yet for all that, how many visitors land on your site once and for whatever reason, never come back? Well, now there is a way where you can follow up with your site visitors to remind them of your services, and even qualify those leads as you do so! The amazing thing is it’s very easy to do and costs far less than you think…

The media recently highlighted the fact that IBM just celebrated its 100th anniversary of being in business. So what does this have to do with you and your career? Well, actually quite a bit.
If you had a choice between instant results and “slow and steady” implementation, which would you choose? Okay, now which one is reality? Well for most people it’s neither, but for the really smart ones it’s the latter.
Have an eye-catching graphic. The generic Facebook ad that you can run just has your business page’s profile picture as the ad’s graphic. While we’re sure that your profile pictures are very nice, the key to getting people to look at an ad is a unique graphic that is eye-catching and different. Whether it’s a stunning picture of your city’s skyline or a breathtaking country view, you want the picture to be able to stand out amongst a group of other ads. You might also want to put some sort of text over the picture in an interesting, colorful font. The text should be enticing, making the viewer curious about what the ad is about. Whether it’s a question or a promise of a discount, the text should make someone want to read your ad and click on it. It doesn’t necessarily have to be real-estate related, either. Your graphic can be more about your geographical area, niche marget, or target demographic. After all, you want to be seen as both a real estate expert AND community resource.

Well, the results of the Mr. Internet Best Online Idea / Strategy Contest are in and the winning entries are awesome. Here’s a quick overview of what they were and how you can incorporate them into your business (or if you just want to view the Webinar, just go to 

