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?

Be part of the top 10%

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.




Twitter Bird by Janko.

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12 Comments on Want to be a top producer? Become part of the top 10%!

NOV
03
Outside Blog

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

2:04pm • #1
100,142 Points Outside Blog Hit Router

Thank you Todd, I try to blog every day, and I am the top AR blogger for my area, just waiting for some results but I wont give up.

2:04pm • #2

Hi Todd,

I'm working on it!  I appreciate the perspective -- putting numbers to it helps a lot.  Most of the brokers in my office "don't have time" to do any social networking. I'll gladly find the time!

3:13pm • #3
203,619 Points 22 Featured Posts Outside Blog

This is why I never get worried about teaching locals how to blog - I'd be surprised if 10% of them followed through, let alone were good at it. At this point no one I have taught has followed through - but over time they are seeing where my business comes and I actually have one guy interested ... again ... we'll see!

3:21pm • #4
101,806 Points 5 Featured Posts Outside Blog

Todd - This is part of my mantra. Blog or die. I choose blog. Sometimes I have to break through the cobwebs to get something out. Other times it flows. I don't know where I am statistically but I know where I'd be without posting. Social media is getting stronger everyday as a means to get your marketing message out. I have more to learn.

4:17pm • #5
Outside Blog Hit Router

It's all about the follow through.  Blogging requires a constant commitment.  I don't see very many agents where I work who appear to be able to commit to any consistent business practice or follow through with projects, campaigns or ideas.

4:41pm • #6
345,977 Points 16 Featured Posts Localism Sponsor Outside Blog

Yet I know three of the top agent in my market that don't answer e-mails for themselves let alone blog. I hope this changes and levels the playing field Todd!
Dealing with internet problems for last 3 days,
Paul

5:52pm • #7
5 Featured Posts Outside Blog

Todd - I am really surprised that more agents in my area are not participating.

6:49pm • #8
1 Featured Post Outside Blog Hit Router

Todd, couldn't agree more, it does take time but it is well worth that time, thanks for the numbers,

9:40pm • #9
326,751 Points Localism Sponsor Outside Blog Hit Router

Todd

This post motivates me a  to keep it up. I have learned so much here on Active Rain from folks like yourself.  Like Gerry I know it takes time...but will bring results later.

9:50pm • #10
Outside Blog

Well said.  I love what the social media avenues have allowed us to do, become and learn.  Keep up the great blogs.

10:48pm • #11
NOV
04
113,004 Points 1 Featured Post

Yeah, I agree that it's now 90/10. I had a trainer long ago who said not to hesitate to tell other agents your methods- most of them won't do it anyway.

1:39pm • #12

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Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert)

Beaverton, OR

More about me…

Palazzo Realty Group

Address: Beaverton, Tigard, Aloha, Hillsboro, Tualatin, Portland, Oregon City, Sherwood, Lake Oswego, Gresham, West Linn, OR

Office Phone: (503) 524-9494

Cell Phone: (503) 524-9494

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Helping Families Home is a blog set up to teach you to invest your money and maximize your profits in Real Estate. Starting with your first home all the way to your 150th investment property. Creating wealth through real estate is the best way to financial freedom.


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