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Dont Forget REAL LIFE Networking !!!

By
Real Estate Agent with Bergen County, NJ - RE/MAX Real Estate Limited

~

I'm from the school of "Dont put all your Eggs in One Basket", and that also applies to networking.

And whereas there has been a HUGE shift towards online networking in the last year, there is still a place in most people's Business Plans for "Real Life Networking".

Now that can be in many shapes and forms, but because it takes more time from your schedule, and you cant just do it in your pajamas like Online Networking, often people overlook it, and dont make the effort to get out there and expand their visibility.

Now I know for a fact that this is a grave mistake for many, as I have lived both sides of it - not doing much of it, and now doing TONS of it !

... can you guess which has produced more business for me ?

Real Life Networking can be in many ways. The following are just some that you may want to consider if you are not doing so already.

1) A Business Network Group.  examples: BNI, LeTip
This is BY FAR the biggest source of leads for me of anything I do. I am approaching 20 deals closed for the year and 50%of the closed clients have come from referrals from this group that I belong to. It doesnt hurt that I am now the President of my chapter, so I get more exposure each week, but like most things, the more you put in, the more you get out. I will be writing a full post on this group next week, but a network group is definitely something to consider. These groups often have anywhere from 20 to 60 members, and usually meet weekly.

2) Chamber of Commerce Groups. Individual by town or Municipality
Another in-person gathering of professionals that can potentially be good sources of referral business. This is slightly different to the Network Groups above, as usually the Chamber Groups dont limit the number of members in the same category - ie: there could be 20 Realtors in the Chamber of Commerce that has 200-300 members, whereas the Network Groups above only allow 1 member per industry.

3) Brokerage Meetings !
Yep those pesky weekly or monthly meetings in your office can be a great way to network with your co-workers. What good is that ? Well guess what, you may have a deal with someone in your office and the better rapport you have with them, the chances are the deal will be smoother. Also, you may be double booked with 2 or more Open Houses on any given Sunday, and with a well built camaraderie, often you can get assistance to cover one or more from fellow members of your office. Finally - we dont know everything !!!! And there may be another member of your office who specializes in an area or situation that you have questions about. Subsequently, your fellow co-workers can have great value to network with.

 

In addition, getting involved with various types of town councils, rotaries, Elks or Knights of Columbus type groups are all good opportunities to network.

Bottom line, even if you are doing well right now, you have to keep as many options open as possible for consistency, and nothing comes for free.

So as well as your internet leads, website leads, print ads, direct mail, blogging and other marketing angles, you may want to look into whether adding a Real Life Network Group to your endeavors may help your bottom line.

Good luck in the second half of the year to everyone !

Sheldon

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Sheldon Neal is a Realtor® with RE/MAX, specializing in Homes For Sale in the Bergen County, NJ area.

If you are looking for Bergen County Realtors, call local expert Sheldon Neal for all your Bergen County Buying & Selling needs ! 
Sheldon Neal  ~ RE/MAX REAL ESTATE LTD.
cell: 201-481-2891
email:     SheldonNeal@remax.net
website:  www.SheldonNeal.com

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Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Sheldon, I could not agree with you more! I did spread myself a little too thin a while back. But keeping a balance is so very important!

Jul 22, 2009 11:00 AM
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

You hit the nail right on the head with this one Sheldon.

You can never know too many people and diversifying yourself can only open more doors for you.

Well done my friend!

Jul 22, 2009 12:08 PM
Sherry Scales
Austin Texas Homes, LLC - Leander, TX
Realtor, for Austin, TX and surrounding areas

Does your New Jersey accent bring you any business?

Jul 22, 2009 12:34 PM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Althougth the networking in pajamas is my favorite, I could sit at the computer all day (and have) I do agree that we still need to get out there in grown up clothes and meet people face to face.  I am on the Membership Committee of my local BNI chapter.  This group has made a tremendous difference in my business this year.

Jul 22, 2009 01:11 PM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

NOTHING COMES FOR FREE is the truth! You must be a network king since you are so well liked and popular on Active Rain!!!

Jul 22, 2009 01:58 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I am so lucky that my husband will usually tell people we meet I'm a broker.  I don't so much.  Of course I usually don't tell clients I own my business either.  I'm not shy by any means, I just don't talk about ME much.  I'd much rather talk about YOU.

Jul 22, 2009 02:33 PM
Kim Dean
www.GoSimplyTexas.com - McKinney, TX
Simply Texas Real Estate - Broker/Owner

Sheldon - I just recently started in a small group on women who pass referrals, marketing ideas and encouragement to one another and I LOVE IT! Of course, we couple this with becoming each other's friends on FB and giving props there too. I think it's all synergistic. Nice post my friend!

Jul 22, 2009 02:35 PM
Larry Riggs
Century 21 Redwood - Frederick, MD
GRI, SRS Your Frederick County Specialist

Sheldon,

    Sounds like you would really like Jeffrey Gitomer's Little Black Book of Connections. It's all about great networking ideas.

Missy,

    You should really get that book too. The best way to go to meetings where you enjoy the speaker is if YOU are the speaker.

Jul 22, 2009 02:46 PM
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX
Real Estate Agents

Sheldon - I really tried. But the networking thing doesnt really work for me. Internet marketing does better.

Jul 22, 2009 03:09 PM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Terrific post, Sheldon!  Personally, I think I need to get out more, but I love it when I go "to town" and see so many people that I know and haven't seen for awhile - always good to network in person and "Move away from the computer"!

Jul 22, 2009 03:12 PM
John Cannata
214-728-0449 http://TexasLoanGuy.com - Frisco, TX
Texas Home Mortgage - Purchase or Refinance

You said it... its SOOO important to make some face to face time and not just email/website contacts. We have a BNI group that broke off into a smaller group that meets often. Great way to network. Plus being a member of HOA and School events.

Jul 22, 2009 04:34 PM
Sal Poliandro - Helping People Win
RE/MAX Properties - Ridgewood, NJ
Broker Associate

Thank you Mr. President! Great job with the Maywood LeTip. Hope to see you tonight at RE/MAX night at the Montclair Jackals. There will be a surprise guest.

Jul 22, 2009 05:08 PM
Paddy (Patricia) Pizappi
Better Homes and Gardens Rand Realty - Pine Bush, NY
Real Estate Associate Broker Hudson Valley NY

I have been working on live action networking more myself this year Sheldon.  It is a valuable part of the whole picture.  Can't wait for the networking group post.  Have to look into that.

Jul 22, 2009 10:25 PM
Janie Coffey
First Coast Sotheby’s International Realty - Ponte Vedra, FL
Uniting Extraordinary Homes w/ Extraordinary Lives

Sheldon, there is really nothing better than face to face contact and you have given great ways to do that.  For those who love their online networking, they can creat a meetup for their area and combine the best of both worlds.

Jul 23, 2009 12:38 AM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Face to face is the best networking there is!  Sure, social networking on the internet is easy and fun but a blend of both is what gets you the leads.

Jul 23, 2009 01:02 AM
Caren Wallace
Premier Property Group LLC - Tualatin, OR
Portland Caren Real Estate

Sheldon, we have to get invested in every kind of networking because it takes so many contacts to make one lead into an appointment! Bottom line, we cannot be a secret agent, we have to be everywhere! Great post to get our juices flowing and make us think about where else to be!

Jul 23, 2009 01:42 AM
The Rains Team
Keller Williams Realty Atlanta Partners - Hoschton, GA
A higher standard in real estate

Hey Sheldon, Face-to-face networking is something that I definitely need to work on. I'm going to start looking into getting involved in at least one real life network group!

Have a great day,

Anne Rains

Jul 23, 2009 02:47 AM
Lori Churchill Cofer
Beasley Realty - Pullman, WA
Realtor - 509-330-0086 - Pullman, WA

Sheldon ~ Face to face is extremely important especially in our small town...and so is Internet....I too agree never put all your eggs in one basket....besides, I truly enjoy people and love the interaction with people from all walks of life...

Jul 23, 2009 11:32 AM
Tere Rottink
CoastalVa Realty Inc - Virginia Beach, VA

Sheldon:  You are the man!!

I love my BNI group, but I did so much one to one networking my first two years, that now I only do a couple of other networking events per month.    Tere

Jul 23, 2009 03:31 PM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

Sheldon:  Great points!  Thank you for posting this!

It's now featured on the Optimist Group.

Jul 27, 2009 03:29 PM