YPN Lounge: Taking on the New Market … By Force
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Taking on the New Market … By Force



Maybe we were a little spoiled in recent years with market conditions. The ability to list and sell a property in one week — sometimes one day — kept us all excited about real estate. But with our new market, relationships can mean everything.

We built our business on exceptional client service and referrals, and we understand now — more than ever — why these elements are essential to our survival.

As our business began to slow, we've kept afloat in recent months through aggressive lead conversion. When I say aggressive I don’t mean that we were stalking potential buyers or sellers. What we did was take very seriously any and every phone call and we learned the short sale market thoroughly.

But through our transition and re-organization there was one thing that for the first time that got ignored — keeping in touch with our sphere of influence.

In the months ahead, we realized that our business was no longer consistent, that even with the slowing housing market things just seemed a little off. We examined what we had done successfully and what we may have missed, and there we found our mistake.

In an effort to cut marketing costs, we had stopped sending out our monthly marketing cards. Never being phone people, this method had brought us outstanding results and great success. We went back to the drawing table, dusted off the database, ordered marketing cards and put

our tried and true method back to use, and guess what? The referrals have already started again.

You see, even as we have to adjust our business to be successful in this market, we also have to hold on to what is tried and true. We are in a field that is hinged on integrity and reputation, so who better to speak on our behalf and advertise for us than those that we know.

I can’t tell you how many classes I’ve taken, seminars I’ve attended, and top producers I’ve listened to that have focused on the importance of contact with your sphere of influence. This experience has taught us a lifetime of lessons.

The best advertising avenue that we have is our past and current clients, friend, family and colleagues … And that should be a no brainer.


Melvin and Tiffany Pigee, with Keller Williams Realty, in Augusta, Ga., are a young power couple, who strive to find balance in their hectic lifestyle in raising a family and expanding their business opportunities.

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