By Todd Clark (Broker / Sale Coach)
503-524-9494
When you joined
real estate you heard the numbers that 80% of the business was done by
20% of the agents, well, that number has become even
worse! Now they
say 90% of the business is done by the top 10% of agents.
You
want to become part of that 10%? Good, I'm glad to hear that,
now how
do you become part of that 10%? Most top producers do what others
aren't, so what is no one else in your office doing?

When I'm
teaching a class on social media and blogging, I show the numbers and
even though everyone is amazed at the numbers, once again, only about
10% of the students will actually do what I teach. Do you
think those
10% are going to be the people doing the 90% of the business?
Look
at the numbers here in Oregon. Only 2,516 agents are blogging on
Activerain and I'm guessing only 10% of agents in all of Oregon are
blogging. What does this tell you? It tells me if I want
to be part of
that 10% of agents doing 90% of the business, I'd better be on the
front lines with blogging.
OK, 90% of the business?
Let us look
at these numbers in a simple and easy way to understand how becoming
part of that 10% can become a reality through blogging.
If 82% of
buyers start their home search online and also search for an agent
online, then if you are part of the 10% who are actually getting your
name out there through blogging, doesn't it make sense that you are
well on your way of attracting that business.
If you are part
of the 10% that are online, then you are attracting 82% of the buyers.
I'm guessing that the last 8% are repeat and referral customers
from
the original 82% of business. The same numbers work for sellers looking
for an agent and the remaining 17% are referrals!
So, don't stop
blogging, and don't cut back. Increase it, become an internet presence,
become part of the top 10% of agents and start to be part of the group
that is doing 90% of the business. Start to blog, Yelp,
Trekaroo,
Twitter, Facebook, PingFM and many other ways to get your name out
there. The best part is most of these services, if not all, have an
application that is free on your cell phone that you can use when you
are waiting in line at the grocery store.

I will get working on it! If there is only 10% that is not much competition is it? Kudos to those who BLOG!