I Don't Mind Showing Property...But There's a Limit.  If You're Not an Expert...Refer it Out.

Not everyone will agree with me, but in this business sometimes you have to take the chance and show a property (I'm not talking about showing 5 or 10 - just a couple) to a potential buyer you may not have relationship with in order to have an opportunity to establish one.  Some you will build enough rapport to become their "go to" agent - ie: buyer's agent- and some you just won't win over.  But such is life.  It's part of this business.

Now in most cases, I don't have a problem showing property to a buyer I just met, whether it be from a floor call, a walk in, a lead from my broker, referral or the Internet.  Worst case scenario - if they don't hire me to be their agent, I really haven't lost anything.  At least I got to get out there and show a house I may have not seen before - which helps build market knowledge.  I just met a potential buyer out in McKinleyville, which is about a 20 minute drive from my house in Eureka CA.  I don't know if they'll choose me as their go to agent, but I'm willing to find out.  I actually got to know them a bit and they're really cool people.  So you never know.Northern California Hills

However, there are certain circumstances where it just might be better to refer that potential client to another real estate agent.  Especially if you live in an area where you could spend an entire day just driving to show one property.  Out in Humboldt CA there are so many different cities and towns that when it gets down to physically showing certain property - I'll pass certain areas in Humboldt CA and refer those buyers to an agent who will be able to give them 100% attention, service and expertise that I cannot give them.

Especially if we're talking about seriously remote property.  You know that kind that takes 2 hours to get to before you even reach that crazy dirt road your supposed to drive on for another half an hour.  There are agents out there who've turned this into a niche.  I'm more than happy to refer my potential buyers to those agents.  So yes I may lose a chance to build a blossoming relationship, but this is really where I draw the line.  I don't mind sending folks information about remote areas, but if they really decide remote is the way to go then it's time to hook them up with an agent who deals with remote properties on a regular basis.

Before sending a referral to another agent, I would do my best to qualify that buyer beforehand.  I might also recommend the buyer come out on their own to explore Humboldt CA and all it has to offer - especially if they aren't locals - before starting their real estate search.  Most people need to really get a feel for the areas they think they are interested in before they start looking to buy real estate.  In most cases what they thought was a cool property rarely ends up being what they expected.  It's a major commitment to show someone remote properties and I'm sure most of these niche agents require some added info from the buyer - like a pre-approval letter and so forth before taking them out. 

So be honest with yourself.  And yes...if you're not an expert, refer the business out.

Copyright 2009 Jessica Bigger. All Rights Reserved. *I Don't Mind Showing Property...But There's a Limit.  If You're Not an Expert...Refer it Out*

If you're looking to buy or sell California Coast Real Estate I'd be happy to chat with you about your plans.  Jessica Bigger 707-496-5770

 

 
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75 Comments on I Don't Mind Showing Property...But There's a Limit. If You're Not an Expert...Refer it Out

MAR
31
420,778 Points 2 Featured Posts Localism Sponsor Outside Blog

Wow, you must work in one remote Northern California spot. I'm in the East Bay and our bane is traffic and gridlock, not distance and dirt roads.

6:20pm • #1
9 Featured Posts

Hi Vickie - We're not too remote - we're about 3 hours from wine country and 5 hours from the Bay area.  Not too terrible.  Plus we've got a lot going on here in Humboldt, however we have a lot of open space compared to the Bay.

6:23pm • #2

Vicky, I too thought, well I will get to see Baltimore and since it is a referral from a CRS, I will drive the 50 minutes there.  I ended up spending time, kept in touch and the young woman did not buy.  I agree that referring it is a wiser solution.

6:36pm • #3
9 Featured Posts

Simone - we're not always the best agent for all people.  So yes, I agree if it's way out of your familiar areas that you show it's probably best to refer it out.

6:40pm • #4
442,839 Points 8 Featured Posts Localism Sponsor Outside Blog

Jessica - Great post and I could not agree with you more and if you had posted this blog to a certain group I would have featured it. Great stuff!

6:44pm • #5
9 Featured Posts

However for you Robert - I'd make that Trek!  But we have a pretty good relationship don't we.

6:53pm • #6
230,012 Points 1 Featured Post Outside Blog

Jessica, so true.  When we first began, we had a client that wanted to move to a subburb on the other side of Nashville.  I, being eager (or arrogant) decided we would drive the 75 miles to show homes.  That was a bad idea and after the first embarrassing day, we apologized to our clients and found a great agent from the area to refer them to.

7:23pm • #7
3 Featured Posts Outside Blog

Cool blog Jessica. It's tempting to keep every buyer but sometimes it's wise to pass the torch. Thanks for posting this up. 

7:30pm • #8

Jessica-Makes perfect sense to me...most important is the level of service you can provide and if it's out of your area, I'm with you, refer it out!

7:36pm • #9
Outside Blog

Nice post Jessica.  I too will refer out instead of show somewhere I am not an expert in.  Better to get the client a knowledgable agent instead of rushing out and losing the buyer completely.

7:41pm • #10
Localism Sponsor

Humboldt County sounds a lot like Hawaii Island!  I always tell prospective buyers that this really is a BIG island. I just don't know how any single person could have the time and mental capacity to have a handle on all the inventory.  I only show in North and South Kohala, basically 45 minutes driving radius from the office.  I have standing arrangements with agents I trust in each of the other primary areas, and after screening clients we refer regularly.  It is a great feeling to know I am putting prospects in the hands of someone who will do a super job with them.  And I feel I'm being true to our company motto:

Beth Thoma Robinson R(S)  North and South Kohala on the Big Island: We know this market by heart!

7:48pm • #11
1 Featured Post Localism Sponsor

Jessica, you are so right, I specialize in vacant lots on top of my regular business so I truly appreciate your post, I get referrals from other agents, who  are not familiar with or want to become familiar with Land, it is a wing-win for everyone.

8:12pm • #12

Jesica

We developed our website so the buyer can do their own search, and  they contact the agent on the properties they wish to see.  The website also provides leads to the agent as well as protecting buyers agents.Take some time and review the site.

CHUCK

8:20pm • #13

I agree, you need a workable service area and refer outside of that area.

8:23pm • #14
235,501 Points 27 Featured Posts Localism Sponsor Outside Blog Hit Router

I totally agree with this !  Even if the property is 30 minutes away for us or more, we will refer it out unless it is a special circumstance.  We are just too busy.  What would happen if the person wanted to do a second showing or see several more properties in the future ?  Besides, we are experts in our market which is a huge market but outside of that (unless special circumstances) we will refer it out.  great post !

8:34pm • #15

Jessica, I couldn't agree with you more. I moved almost 2 years ago from the so cal desert communities around Palm Springs and like Humboldt it can be spread out. I would definitely refer to an agent who knew the area better then I. You have to remember it's whats in the best interest for your client.

8:37pm • #16

I thoroughly agree with you. We get people in who want to look at homes ALL OVER East Tennessee and that's a lot, too much, mileage to cover so my partner and I have decided that some areas will be referred out to local agents. Gas prices aren't too bad right now but they've started to creep up. Thanks for your post.

8:47pm • #17
319,342 Points 8 Featured Posts Outside Blog Hit Router

I agree. We frequently see out of town agents who don't know the area, who get lost in our rural areas, and then they're totally flustered throughout a deal. I'm not driving 2 hours to show a house. I cannot believe someone else would. Especially when our average sale is $100,000!

8:49pm • #18
241,300 Points 15 Featured Posts Outside Blog

I've built my business over the last couple of years as the go-to person for my part of town.  Anything else gets referred out since i wouldn't be able to give those clients the level of expertise I expect from myself.  I'd rather get a referral fee and have a happy client than schlep all over the place without knowing the area in and out.

8:50pm • #19
648,656 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router

Jessica- Congrats on your gold star! I agree! I will not drive out to remote areas either. First of all, I would not go there because it is NOT safe to do so. I would never put myself or my family in danger. Also, if there is no cell phone reception, definately out if you can't do security checks. Since we don't work with buyers, we refer all our buyers out except those over 1 million in our luxury market if they are seriously buying. Katerina

8:51pm • #20
184,820 Points 1 Featured Post

I will only service the area I'm comfortable in and feel knowledge about. It isn't worth doing otherwise to me.

I'll refer it out if need be.

Patricia Aulson/Portsmouth NH Real Estate

8:57pm • #21
445,582 Points 10 Featured Posts Outside Blog

I wouldn't be driving two hours to show a property.  Maybe both ways not just one way

9:01pm • #22
Outside Blog

I did thata couple of times and gave up. Now I just say No !

9:14pm • #23

Jessica,

Great post - I completely agree that you never do know how the relationship with the new prospect will develop.

I think there's alot to be said for having a good working relationship with various agents in other areas of your state - ideally, you will be able to comfortably pass referrals on to them, and they will be equally willing to reciprocate.

It's called "working smart"!!!!

Hope all is well in YOUR real estate world!

Edith Schreiber - Dallas, Texas

Edith Schreiber - REALTOR, ABR,e-PRO,CNS,RCC,CNHS
9:27pm • #24
Outside Blog

I believe we have a consensus!  I have never felt that I am the best agent for either a buyer or seller who is out of my usual selling area.  If we build our business on referrals, we need to be willing to refer out sometime, too.  Everybody wins.

9:27pm • #25
442,839 Points 8 Featured Posts Localism Sponsor Outside Blog

Jessica - Yes we do and I knew you had a hot one here, congrats!

Vegas Bob

9:34pm • #26
9 Featured Posts

Tim and Pam - 75 miles of driving to an unfamiliar area - I'm so with you.  Pass it on.

Winston - I agree.  We may have to work harder and smarter in these slower times, but part of working smarter and also thinking about the best interest of the new client is to sometimes let them go and let another agent more knowledgeable in the area help out.

Mary - There's a lot of areas I work in througout Humboldt, but remote property in the middle of nowhere takes a certain kind of agent and that agent is not me.

 

9:36pm • #27
221,546 Points 2 Featured Posts Outside Blog

Hi Jessica~ I usually refer out those that our out of my area.  I have kept one though, only because the seller insisted and they helped me with the showings, believe it or not! 

9:45pm • #28

You are so right, it is worth to refer to another agent. I have heard too many horror stories of agents getting in trouble since they did not know the area or neighborhood (agents not knowing of major city construction to happen in future, mold issues in complexes etc) that a local agent would be aware of.

9:47pm • #29
Outside Blog

I agree somtimes the best customer service is giving the customer to someone else

9:59pm • #30
258,097 Points 2 Featured Posts Hit Router

Hi Jessica -- It's the right thing to do, I agree.  It's easy to see why clients like you when you have a client-first centric philosophy.

10:33pm • #32
4 Featured Posts

I was just handed a referral from someone who only lives 30min away. Of course the client was looking in the low $100's but I happily took it:)

10:56pm • #33

Jessica,

Thank you for your post. I agree, it is important to know your limitations. You know your local market, schools, shopping, etc. When you're trying to show a buyer an area that you are not as familiar with, you are asking for trouble. Much better to refer it to another agent closer by.

Have a great day,

Linda

10:58pm • #34

Hi Jessica - Interesting post.  I was just thinking about this topic!!!  Would you go the same distance for a Seller (listing) as a Buyer? 

Thanks!

11:05pm • #35

Jessica,

Where I work, in the San Francisco East Bay, I could drive 75 miles and cover most of the heavily populated Bay Area. And I would be a fool to do so. There are so many knowledgeable agents who serve the areas outside of the area that is my comfort zone but still geographically close to my area that...well, we need to leverage our time and resources intelligently for the good of our clients and not be greedy.

John Juarez
11:07pm • #36

I know what you mean by "remote." Not too long ago, I had a client who was absolutely insistent upon visiting a remote property that was not only a tough drive to reach, but had no legal access (it was landlocked) and even if you decided to try and get there, you would have about a two-hour hike AFTER the drive to reach the boundary! Although we didn't have an appointment (I had explained at length that I could not get him in there safely or legally), he showed up the next morning and called to ask if I would meet him at the last outpost of civilization on the way to the property. I reluctantly agreed, only to have him call back a half-hour later to inform me that the one bridge required for access had been flooded out and the dirt road was impassable. Thank goodness!

Long story somewhat shorter...I know better now, and agree with you 110% about referring this kind of property to someone more expert or interested, and less risk-averse! :-)

11:16pm • #37
356,420 Points 3 Featured Posts Localism Sponsor Outside Blog

There's a lot of validity to your recommendations especially in remote areas, not many of which exist here in Orange County.

11:20pm • #38
383,159 Points 3 Featured Posts Outside Blog

Jessica: I agree... some times it is best to give the referral and not pretend that you know the area.

11:56pm • #39

Great point.  I'm in the Denver metro area and I don't want to have to drive all over the mountains.  Some areas I know, but others will be much better off my refering them to the local expert.

11:57pm • #40
APR
01

I agree.  Let the local experts do it.  Plus the safety factor is a concern.

1:38am • #41
4 Featured Posts Localism Sponsor

As an agent in Alaska that truly deals with remote property (think float plane, canoe, kayak, helicopter) I must agree with you 100%... my safety concern is usually four-legged critters though!

2:22am • #42
346,979 Points Outside Blog

Often times it makes sense to refer instead of going long distances away .

4:13am • #43

Jessica,

It looks like BIG Land out there!

I would, refer it rather than upset the folks trying to find something you may never find! How about refering it to the Listing Agent?

6:23am • #44
108,854 Points 9 Featured Posts Outside Blog

Time is money. If you can still get paid for a buyer without investing gas, time and aggravation, it makes sense. Moreover, the buyer will be better served by someone with more local knowledge. 

6:30am • #45

I would do that for my seller and buyers. Great post!!!!

6:56am • #46
250,059 Points 22 Featured Posts Outside Blog

You deserve the star for this one Jess.  Not only areas you are distant from but types of property that you don't have expertise in are ripe for referrals.  Good job!

7:30am • #47
1 Featured Post Localism Sponsor Hit Router

Nice presentation of how I feel about this topic - I refer if too remote (and Maine certainly has those areas) or if buyers want to look in a city I'm not familiar with - - like, I won't go to intown Freeport (my southern boundary) - there are agents there who can take care of folks much better even though I'm only 20 minutes away - - my working territory is limited to the areas I know really well, otherwise what value am I bringing to the table?  I have expanded to new areas over time, but if I don't feel comfortable - - I love referrals!

7:36am • #48
Localism Sponsor Outside Blog

We have those kinds of properties here. The MLS area in Lynchburg, VA is HUGE, an hour north, an hour south, west and east of Lynchburg. We can put some serious mileage on a car.

8:08am • #49

Jess - You don't have to be in a rural area to follow your advice. There are parts of my metropolitan area I'm not that familiar with, so I choose to refer to another agent, or if the client has a wide range that includes my comfort zone as well, I'll co-work them with the other agent.

Nice post.

8:23am • #50

Hi Jessica, I couldn't agree more I have written similar blogs and can not understand why Buyers use Agents that confuse a street name for a city,or are made to sit in the Agents car outside the offer presentation, Buyers deserve expert service, I have a market that I work and know very well outside of that I always refer.

9:15am • #51

I was recently looking for properties for myself "up north" and had the remote experience...I'll certainly refer those areas to someone else in the future.

9:40am • #52
1 Featured Post

Jessica, I totally agree with you.

Bettina

9:46am • #53
9 Featured Posts

Mindy and Jay - It gives you some perspective if you think about it.  Although I think a lot of agents try to do everything out here, but I'm sure I can find a few I can build a referral relationship with.

Christopher and Stephanie - That's great that you live in a large enough area where you can specialize within a 30 minute drive radius.  That's pretty good!  Wish it were more the case out here.  We probably have around 600 active listings right now, about 40 to 60 of them sell per month throughout the entire county and there's a fairly decent amount realtor competition out here for sure.  I wish I could drum up enough business in Eureka CA only.  But you definitely have to expand your reach out here.  Property that's insanely far away though - no thanks.

Marie - Absolutely.  It's important to pick areas you want to work in, gain experience and market knowledge in and refer the rest out.

Kelsey - Gas prices definitely add into the equation unfortunately.  It's one thing to show a buyer you've never met a home in town, it's a whole other situation to show them property way out in the middle of know where for the first time.  Not a safe decision either.  Now I understand why some listing agents post on their big property way out in Timbuktu: "Buyer must show pre-approval letter before showing"  to show they are at the serious buying phase in the process.

Erica - I have friends who have sold property to out of area buyers who a year later or 2 don't like the area and want to move.  Especially with out of area buyers that they need to visit our area, take a vacation, and spend some serious time up here before deciding whether Humboldt is the place for them and then where in Humboldt they are comfortable living.  I can't tell you how many times people think they want to live in the middle of nowhere, but when they really think about it, weigh the pros and cons - they usually opt for living closer to a town with amenities.  In most cases you don't even need to show them that remote property to come to that realization on their own.

Lisa - No schlepping aloud! LOL.  That's great and you actually do a fabulous job of blogging specifically about your area.  That's great and I 100% agree.  Refer it, no schlepping, happier client, happier agent.

Katerina - You make another fabulous point - Safety is a huge issue.  I have more than once referred strangers out to other agents especially with remote properties.  These agents usually have a good system regarding this.  I just don't want to even take the chance.  I do want to live so that I can raise a family and enjoy all the fruits in live.  I also have great respect for your choices.  You choose what properties you're going to take and who you  work with and you refer out the rest.

Patricia - I'm glad to hear you agree.  It's good to see there is a wonderful consensus in this department.

 

 

 

9:55am • #54
105,971 Points 3 Featured Posts Localism Sponsor Outside Blog

Hmmmm.... I am not sure that I totally agree with this - I do agree that I know certain areas of town better than others and if people wanted to see out of this area, I would definitely refer out - BUT, around town, even if I am not in my "expert" neighborhood I will at least take the time to try and expand my knowledge and learn a new area!  In this market, I take everything I can get and if there is something I don't know, I do my best to educate myself!

10:24am • #55
9 Featured Posts

Russ - me neither - referral anyone?

Rama - When I was a newbie, I did the same.  Everytime I did this I never sold anything - I just spent a lot of time driving around an area I never really cared to become an expert in, because it was sooo far away.  But we all live and learn and find our limits.

Edith - That goes without saying.  Especially in areas outside of your market, elsewhere in the state it's important to have agents we can refer clients to who are more than happy to reciprocate.  I've seen LA agents come up to sell their buyer property here and I really don't understand that decision.  They don't really know our market, they are not part of our MLS so they need other agents to access property and they can't really fully help their buyer through the entire process because they really don't know the area.  I would always refer out especially if the client needs assitance another part of the state.

Linda - Absolutely.  We have to have enough faith that the win-win relationship exists if we refer out.

Thanks Robert!

Vickie - I agree.  Most cases it's best to refer out, but there are always exceptions to the rule.

Martine - Your right - even locally things can get sticky for agents who aren't familiar with an area. 

Walter - So simple, but so powerful.

Jean - Your welcome.  Glad I could share.

Chris - Absolutely.  Client first, but we also have to be honest with ourselves and respect our time too.  In the end both end up providing that client with better customer service no doubt about that.

Stephen - Sometimes its just a win-win for the referral giver and the referral receiver.

Linda - You just had a good point - when you really know your market - ie schools, shopping, restaurants, etc, you really become the expert in that area.  Finding the house itself is only one part of the equation - the location and the amenities offered to that buyer is the other half.

Margaret - is distance a play on words?  It depends on the property.  If it's way out of my service area of expertise or it's a property type I don't work with, like commercial, than yes.  I would still refer it out.  But if a seller is approaching me to list their house then there is already an established relationship.  Rarely to listing opportunities happen when you're answering phones during floor time.  It happens but it's rare.

John - I agree.  Time management is important, choosing how we spend our time is very important and your right, sometimes showing everything is greedy and it rarely serves you the agent or the buyer.

Sonsie - We all learn from our experiences.  Glad you got the reprieve that day.

Christine - yeah you're pretty safe in Orange County - in regards to the remoteness scenario.  I used to be in wildlife and hiked some of these remote areas - off trail - I couldn't hack it.  Freaked me out.  I'm amazed that i lasted a summer doing this.  So I definitely don't want to make remote properties a niche.  No thanks, been there done that.

 

 

 

10:24am • #56
9 Featured Posts

Emily - Each to his own.  And if you are able to explore with a buyer more power to you.  However in my area - we live between ocean and serious rugged terrain.  A lot of remote properties are homesteads that literally can take 2 to 6 hours to get to through this crazy terrain.  These properties are difficult to comp out and you really need to sell these all the time to really have enough knowledge to help a buyer choose the right asking price, etc.  For me I'll stick to the standard residential property thank you.

10:28am • #57
3 Featured Posts Outside Blog Hit Router

Kudos to you for knowing how to work smarter and not harder.  I always refer customers to areas outside of my expertise...this benefits both the buyer or seller and me too.

10:51am • #58

Absolutely agree!  Far to many agents venture outside their area of expertise and marketing area.  Sometimes you must, of course, when your up against a lot of competition. But if you stick to what you know and what you do best- Success will follow!

 

Mathews Realty Group/Buyer Agent/Investor Specialist 

12:29pm • #59
1 Featured Post

Well stated, Jessica.  I love my loyal clients, but they sure can get me into some awkward situations.  Had some folks last week who wanted to buy a restaurant.  I found out when I met with them, they were buying the business, not the real estate.  The best way to serve your client is to find them the BEST expert for their needs.  Your rewards will be much more valuable than a rererral fee.

12:45pm • #60

Jessica - Great post and a reminder that is all about service to the client. I work in Tuolumne County and have areas similar to Humboldt. I often refer potential clients to agents who work in the south county, not only is it a long drive for me but it is most certainly outside my market area. The south county as we call it even has their own MLS. Referral is always the best policy when you have inquiries outside your area. Too bad all agents didn't see it that way - clients would get much better service.

 

2:31pm • #61
Outside Blog Hit Router

In most areas a referral fee is around 25%.  Thats good money for passing on a client that you either don't want to work with or are logistically challenged.

3:03pm • #62

Carrie and Kathy SampronJessica:  I completely agree.  In fact I referred out a potential client recently not because of location but because it was something I did not specialize in and I didn't feel I could provide the quality of service necessary.

5:57pm • #63

I was outside looking around another agent's house (just drove by and saw the sign) when someone walked up to me. Turned out he was interested. I proceeded to show it to him; also found out we had a lot in common. He didm't buy but I now have a potential cusotmer....

5:58pm • #64
476,971 Points 50 Featured Posts Outside Blog

Congratulations on the feature.

I completely agree with you. If you cant truly professionally serve the client, there is no point in holding the client down.

9:05pm • #65
1 Featured Post

Dear Jessica,

I am with you. If I feel that I can't effectively represent a buyer on a property, I will refer them out or work with another agent.

I might show 1or 2 properties out of my field of expertise, but if that's what they want, I will find them an agent to work with.

Barbara

10:10pm • #66
APR
02

Good for you in putting the client FIRST.  I refer out when I don't feel I can best serve the client, no matter what kind of property or where it is located.

If it's a situation where it is feasible to bring in a co-agent, great, then I can learn something in the process, but I don't believe in on-the-job training if it's at the expense of my client. Great  post!

7:09am • #67
APR
03

Great post. Referring the buyer to someone who is more experienced and has more time to show in remote areas makes sense. Identifying a small group of agents to whom you can refer not only creates creative and effective service opportunities for buyers looking in those areas, but can create reciprocal referral opportunities for you if the buyers decide those areas are a little too far out after all. Great idea inviting them to visit you in your town also. Often people think they want to live in a remote area but when they actually visit they realize being so removed from community amenities is not the best move for their families.

 

8:19am • #68
9 Featured Posts

Roland - Always better for the client and for the agent.

Mike - Usually I learn that I can accomplish more working in the areas I'm an expert in and not wasting my time or the buyer's time in areas I'm not.

Brenda - I would sayt that safety has even more to do with why I don't show remote properties, especially to a new buyer just getting a feel for the market, who may not quite be ready to seriously start the search.

Debbie - Oooh I'll fly in a float plane any day!  Oh and watch out for the Moose!

Bob and Carolin - I think it's best all around for buyer and agent. We're usually more productive and efficient for our clients if we stick to what we know and are good at.

Connie - Actually that is exactly what I did with this recent buyer.  Also the woman on the phone was calling for an out of town friend.  So in this case - it doesn't make sense showing property until the buyer is actually in town.  But still I would have refered this buyer out if remote was what he truly wanted.

 

10:01am • #69
9 Featured Posts

J - I agree.  There's only so much time in day and we all have to decide how we're going to spend our time.  So in many cases refering out to another agent isn't a bad idea and in reality it helps the buyer too.

Ritu - Me too.  If I had a seller down in Garberville, I would refer them to an agent down there. - That's over 45 minute drive one-way.  They know the area better than I ever will.

Thanks Paddy! - It's always better to refer things we just aren't really experts in, or work closely with an agent who is an expert and split the commission, that is if it's an area we want to become an expert in.

Terry - That's a great way to approach referrals.  Refer out in areas you aren't familiar enough in and then gradually expand your expertise into areas you are interested in getting to know better.  Love it.  Oh and one day I have to come out and visit - Need to buy my Live Maine Lobster right off the boat.  I'm glad we have dungenous crab out here in Humboldt CA.  But I really miss Lobster.

Norma - It's fun to live in a place where you have remote property all around us huh!  Yep, refer it. 

 

10:10am • #70
9 Featured Posts


Ed - I love your Co-working idea!  I'll have to keep that one in mind if I have a buyer who's looking in and out of my areas of expertise.  Great idea.

Tibor - Sometimes I think we as agents need to stick to what we're good at and have faith that if we refer out to those agents they will refer to us when they have a client that is looking out of their area of expertise, but in ours.  Sometimes trying to be everything to all people ends up hurting our reputation in the end.  And your examples really show that well.

Ed V. - I would absolutely hire an out of area agent in my state to help me buy property say in the Bay area.  It's insane to think that we can come into an unfamiliar area and really get the knowledge we need to make an offer, find the right inspectors, and get it all together.  Plus, even if we were to get access to the MLS - market knowledge takes time.  You need to be working in that market to get an overall feel for what homes are really selling for and the trends.  Better to hire a buyer's agent and let them do what they do best and that way you build a referral network where they may have business to send down to you in the future.  By the way - I grew up in Detroit and spend many a summer up in Northern Michigan with my parents.  Absolutely loved it!

Thanks Bettina - I'm glad you see it my way.  LOL

 

10:21am • #71
9 Featured Posts

Kristi - You are so right.  It really is about working smarter, not harder. 

Matt - I agree.  When you're up against a lot of competition sometimes you need to venture beyond your comfort zone and expand.  But in most cases if we have enough niches or geographic areas to work with we should be able to refer the rest out and still have plenty of business.

Joe - Wow, that's a tough one.  I learned that good loyal clients, even if you refer them will usually stick with you in the long run.  Loyalty is priceless.

Kathie - Yeah, it sounds that we're pretty similiar.  I too refer out when clients want to see property in my south and east county.  Every where else I'm pretty knowledgable showing property.

Simon - I agree. Not too shabby at all.

Carrie and Kathy - See and I bet your client will really appreciate it in the end.

Robin - I've had that happen to me before.  You never know.  It's a chance to build a relationship.  But I bet you didn't have to drive to Timbuktu to build that relationship now did ya?

Thanks Loreena - Well stated.  It's not worth holding the client down.  In the end it's got to be good for the client.

Barbara - Same here.  I might send information to a potential client, because past experience has shown that once they know exactly where the property they think they are interested in really is located, they come to the realization quickly that the particular property doesn't even come close to meeting their needs.  In most cases you don't even have to go out and show them once you explain the area and find out what they are really looking for.  So yes, I too will at least send info.  But if they truly want to go and explore, I'll pass them onto another agent.

Susan - Me neither.  If I want to learn something new - I bring an expert on and we share the client.  I too dont' agree with on the job training at the expense of the client.  It's not fair to the client at all.

Linda - Thanks!  I'm starting to brainstorm on who might be some good agents to work with out of my area of expertise.  In the long run I think it will pay off for future clients, agents and for myself.

 

 

10:35am • #72
195,955 Points 2 Featured Posts Outside Blog

Hallelujah - your one of the few that will say it.  That's how I feel - you can't serve one area and then another 20 miles away and still know your market.  Nobody can tell me otherwise but agents feel that a buyer is so rare now that they just take them everywhere!  Got a get that deal no matter what and then they never sell them anything.  Agent or chauffeur? 

I used Hallelujah because Easter is almost here! LOL

12:06pm • #73
APR
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254,701 Points Outside Blog

Jessica - Yes, there is a point where you just have to draw the line... :)

8:19pm • #74
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9 Featured Posts

Lyn - Absolutely.  Being and agent who tries to be everthing for all buyers isn't helping themselves or the buyers period.

Debi - Oh yeah.  I'm learning where that line is.

12:20pm • #75

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Jessica Bigger Realtor® California Coast Real Estate

Eureka, CA

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RE/MAX Humboldt Realty

Address: RE/MAX Humboldt Realty, 2222 Myrtle Avenue, Eureka, CA, 95501

Office Phone: (707) 269-2336

Cell Phone: (707) 496-5770

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