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Brand Power vs Personal Brand?

By
Real Estate Agent with YourStories Realty Group MA# 9517963

 How important is the brand your office represents to your career? How important is your personal brand within that office brand? Since all real estate is personal when it really gets down to it, how important is this brand you represent?  I am just asking here for discussions sake. It is clear a brand with a national name and a big national advertising budget is important for immediate recognition, but beyond that how important is that brand to the transaction. It is true that a national brand has systems in place that make transactions easier for their people. “Been there-done that” is a great place to be when going into the competition for a listing, or the signing of a prospect to an exclusive contract, but is it the reason you won the business? Honestly I hear all this anecdotal information about the importance of your brand name, but what is see is that it is the individual person at the point of the sale is the one making the difference.

tas_f_memorial_day_dallas_2010Systems and structure make every business transaction repeatable. Being able to repeat a process and perfect that process goes a good long distance in making you successful long term. This is why national brands are so important. They have spent the time and money to develop systems that anyone can plug into and be successful with. When I look at the guru names in real estate, I don’t see any of them (those without their name on the name brand) talking about a brand, they talk about the process and procedures that make the individual better. The name brands work to develop good systems so that anyone plugged into them will be better and they do it very well, all of them.

So what makes the individual better? In my opinion it is less about drinking a national brand flavor of kool-aid and everything about learning all you can about the industry and all the brands so that you can make yourself the most successful agent in your area. tas_f_smb-dallas I have nothing against a national brand, in fact, as I have gotten to know them all better through study and meetings, I am impressed with the depth of detail that each national brand (RE/MAX, Coldwell Banker, EXIT, Keller Williams, Century 21 and to a much lesser extent Ebby here in Dallas) puts into their training and systems. I think any agent is served well by being part of any of these organizations. I have drunk the EXIT kool-aid and believe it’s flavor provides me the kinds of benefits I was looking for when I started out. I also think that you can also read and study and reinvent your own wheel to use in your specific area and do well. Successful careers in real estate are built on individual efforts and attention to details. Do this well and you will do well.  Your attitude and approach makes the difference.

 

Posted by

Larry Lawfer, Realtor®YourStories Realty, It's all about you,

Larry Lawfer

Partner

Realtor®, Director of Marketing

YourStories Realty Group powered by Castles Unlimited®

837 Beacon St

Newton, MA 02459

larry@yourstoriesrealty.com, 617-774-8292

Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

Any of my Chicago friends who need help with social media, public relations, great writing should contact Liz Strauss.  Liz is the absolute best. Every day she provides real value and caring.  She is a wonderful ally and a consumate professional.  Thanks Liz for all you do.

Aug 31, 2010 02:59 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I like your Kool Aid analogy. Like Kool-Aid, real estate has different flavors and there should be a flavor for everyone. In real estate, research replaces the taste test.

Aug 31, 2010 03:56 AM
Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

"Your attitude and approach makes the difference."  This is such a true statement!  Nice post.

Aug 31, 2010 04:08 AM
Malcolm Johnston
Century 21 Lanthorn Real Estate LTD., Trenton, Ontario - Trenton, ON
Trenton Real Estate

It's the responsibility of each professional, whether working for a big name or not, to establish his own identity. Although mine is very much tied to Re/Max, it can be portable should I decide to go elsewhere in the future. Since I'm a newer agent, being with a bigger name has benefitted me in terms of training and contacts in the initial phase of my career.

Aug 31, 2010 06:30 AM
Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

A great statement...

Aug 31, 2010 12:29 PM