Posts Tagged ‘target market’
Choose Who YOU Want to Work With
Wednesday, August 4th, 2010
Do you work with every prospect that comes your way? Even in the best of times most agents do, figuring “Any business is better than no business.” And when times are tough, sales associates tend to look at prospects like someone dying of thirst looks at a glass of cool, clear water.
Yet this very understandable approach to new business could in fact cost you the very thing you want –a steady stream of new business.
The reality is that you will do better by being very selective with whom you choose to work. The reasons are very simple: you will enjoy your job so much more and those that you do serve will appreciate your efforts that much more.
The funny thing about human nature is that the more selective you become, the easier it will be to attract those very people. When I had my Mortgage company in the mid-1980′s, real estate agents told their borrowers they had to call and mention the agent’s name if they wanted a chance to work with me. Needless to say, this created a sense of extreme value in the minds of prospects —they were chasing me, instead of the other way around.
This effect was helped greatly by my very public declaration that I simply did not work with everyone…
It’s not a matter of who can benefit from what you sell. It’s about choosing the customers you’d like to have.
Seth Godin
There is one very important caveat here. This only works well when you also choose to specialize. Trying to be everything to everyone is like taking a megaphone to a crowd of people and screaming that you will take all comers —it kind of defeats the purpose.
See Mr. Internet LIVE at the National Real Estate CyberConvention & Expo
Monday, February 15th, 2010
This note is to let you know that I will be the only featured LIVE speaker presenting “Dominate Your Online Competition” at the upcoming National Real Estate CyberConvention & Expo, February 21-27, 2010. To register just go to http://recyber.cyberconventions.com/
This is a wonderful on-line convention and you may attend all events — without leaving home! The event is expected to attract over 10,000 real estate professionals during its seven days (Feb 21-27) and is open to the real estate community worldwide.
This year’s speaker line up, the largest ever, in addition to my talk, includes 50 sessions plus an address by Lawrence Yun, Chief Economist of the National Association of REALTORS who will tell us what’s going to happen!
You can network in the CyberConvention Social Networking Community, check out the latest business building products and services at the Expo — and of course attend my session! Once again, my session will be the only one that is LIVE (i.e. real-time) while the others are pre-recorded.
Register for your pass at: http://recyber.cyberconventions.com/
First Time Buyer Niche Success Story
Saturday, February 6th, 2010Take one relatively new sales associate, add liberal helpings of passion and commitment and you end up with someone who comes out on top. Here’s how she did it (in her own words).
Hi Michael
Just wanted to say I’ve loved what having a niche has done for my business from a personal enjoyment point of view. (it sucks to hate your job). Tomorrow I meet with my broker to go over my business plan for 2010 and I am excited and proud of what I’m doing.
I just had my second annual VIP Client appreciation party, and put pix up on my photo blog. I got a lot of community involvement (donations of prizes) which generated awareness of my business, re-grouping with old clients (who now really love me) and the photo evidence is now further marketing material… so I am sure things could be improved upon, but I wanted to share it with you – here’s the link to my latest photo blog entry: http://photos.dreamhomearlington.com
But the point of this email was to tell you how much I’ve personally enjoyed developing my niche of working with First X Buyers – it totally gives me focus, and something more interesting to talk about than “I sell houses” My broker thinks I’m brilliant. (blush) and credit to Mr. Internet!
Also, something I just did that others may find interesting: I had $50 American Express gift cards made up with my logo on them - and I’ve been giving them to buyers at Closing, along with a bottle of champagne. I have also used them as “THANK YOU!’s” for referrals. People remember me when they spend the money, and it’s kind of a hit – so I thought I’d share it in case you think others may want to do this. Thanks again, and I welcome any input on my blog/ site, or whatever!
Bija Satterlee
Bowes GMAC
1010 Mass Ave, Arlington 02476
781-354-4835 c
781-643-1741 f
www.bowesre.com
www.dreamhomearlington.com
http://photos.dreamhomearlington.com
http://blog.dreamhomearlington.com
I received the above email last Wednesday. Bija has since had her annual business review with her broker and followed up with this (received just a few hours ago):
“…I had my annual business meeting review with my broker, and he said not only was I among the top producers in town, and in our office, in his words “Ive never seen an agent put the ‘whole package’ together quite like you have – with your niche, your web site, your blog, the seminars, the whole deal.” I have areas I need to improve in, but he said he was very impressed and proud to have me as an agent in his office. So that was like hitting the jackpot – to get recognition like that from him.”
Do you get a sense of how much she loves the process? That is actually one of her most powerful success secrets. If you don’t believe me, just read the following post…
So that was like hitting the jackpot – to get recognition like that from him.
How "Interactive" Postcards Help You Generate New Listings
Monday, October 5th, 2009
Think print is dead? Think again! Here’s how one innovative company turned ordinary postcards into highly interactive and engaging new listing machines…
During a recent Live Group Coaching session our Online Dominancestudents enjoyed a special presentation by Chris Burnley, CEO of CoreFact. CoreFact has figured out a way to create a mashup of Google Maps and online interactivity with ordinary postcards that result in a much higher conversion rate than typical direct mail. Here’s how it works…
- Set up an account at CoreFact.com
- Select a postcard campaign from their portfolio (or customize one of your own)
- Select the size postcard you want to send (recommend Jumbo or SuperJumbo)
- Upload your mailing list of potential sellers
CoreFact takes it from there. For each postcard sent out they will custom print a Google Map showing the location of the recipient’s home and surrounding listings ride on the card. This means that each card that is sent out is unique for each potential seller receiving it and therefore highly engaging. But that’s only half of it. On each card is a “call to action” that includes a unique key code that the recipient uses to go to your Website, enter it in and then receive a free CMA.
It’s the innovative use of this key code that allows you to track if and when each recipient has responded to your mailing. This means for the first time you can track the effectiveness of your postcard campaigns the same way as if you had sent out email! According to the folks at CoreFact, this 1-2 punch of getting the recipient’s attention using customized printed Google Maps and a trackable call to action have boosted conversion rates tremendously. In fact, one of our students who had been using CoreFact for a couple of months said this when she saw we were going to have them as Guest Speakers during our Live Group Coaching session:
I want to let you know I currently use their program. In 2 months 10 percent of who I mailed to went on my website to look up value of their house. And 1 listing so far and another possible.
Susan Eidler
Print marketing will probably never die, it just needs to continually reinvent itself to remain a viable part of your marketing toolbox. And companies like CoreFact seem to be doing just that.
DISCLAIMER: Always investigate any third-party products or services to your satisfaction prior to using them. RUSSER Communications, its officers, staff and consultants do not receive any compensation whatsoever from third party vendors and are not responsible for any damage or liability you may incur as a result of using products or services mentioned herein. If you do not agree to these terms do not use the product or service mentioned.
Online Dominance™ Exclusive Training Platform for BrokerTec Systems
Tuesday, December 2nd, 2008Santa Barbara, CA, December 2, 2008 – BrokerTec Systems, an advanced broker technical services company, has formed a strategic partnership with RUSSER Communications to use Online Dominance Mentoring ProgramTM as the core training platform for agents across North America. Although they offer a complete suite of broker management and agent online marketing solutions from tracking tools, to websites and blogs, to automated marketing, the proven effectiveness of the Online DominanceTM program made the clear choice for it to be the exclusive training platform to help agents understand and work effectively with internet consumers.
“The future of real estate is undoubtedly trending toward the majority of business being conducted online by consumers and agents alike. RUSSER Communications’ shared vision of this future through its Online Dominance program ideally meshes with the quality of proactive services we wish to offer our customers,” says Sean McRae, President of BrokerTec Systems. Efforts are being focused on creating and integrating eTEAMs, which are elite groups of agents within brokerages who undergo this revolutionary training in collaboration with each other, with the array of other services a broker can engage through BrokerTec.
Online Dominance is the first self-directed, online video based training program specifically designed to teach REALTORS® how to effectively convert online consumers into new business. Members of the program are reporting dramatic positive results in their ability to attract and retain customers by understanding their needs and priorities, as they become experts within specific niche markets.
For more information on BrokerTec, contact Sean McRae at sean@brokertecsystems.com. To learn more about the Online Dominance Mentoring ProgramTM, or for more information about Michael Russer or to book him as a speaker, call Vickie Smith at 877-977-1188 x81 or email vsmith@russer.com.
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n you have 1,000,000 other things going on. Blogging is imperative in today’s real estate world, as it drastically helps with your SEO and can be fed to different places including your LinkedIn profile, Facebook profile and Twitter feed. Posting to your blog regularly will also define you as a credible source for community and real estate info in your area. If you’re already blogging regularly, or plan on starting, here are some great ways to build up an awesome following.
I think we all sensed it. It seemed that the beginning of 2011 established the fact that real estate marketing had officially changed. The last few years have been a whirlwind of crash courses in 
