Another Real Estate Myth:  An Agent from a  Bigger Office Will Sell My Home Better
mythical creature
Dear Mr. & Mrs. Home Seller,
The thought process would seem to be logical, right?  A bigger office has more agents, so a better chance of selling your home! 

And before the Internet, the bigger office is better idea might have been an accurate assessment.  You had to go to a brokerage, and they'd show you the homes THEY had listed, and ONLY those homes.  So more agents meant more listings, which meant more likelihood that the buyers would come to the THAT big local brokerage to look at their listings.  The agents had the clout, the consumers had little power.

But something radical happened when the Internet and the real estate industry started to mix.  Information that was tightly guarded became public, and there is NO putting that cat back in the bag.  So next step, brokerages start cooperating with each other, the MLS has every cooperating brokerage's listings out there, available to the entire public.  The buyer can now go to ANY cooperating agency and find out about EVERY MLS listing, no matter who has it listed.  Now the BUYER has the clout!

Agents are INDEPENDENT contractors, and there's an emphasis on INDEPENDENT for a reason.  We work under our broker's banner, but our first loyalty is to our clients.  Agents don't care if Sally Jo and Bob from their office has a home listed, if it doesn't fit the client's needs, it DOESN'T matter!  If an agent wants to lose a buyer quickly, ALL they have to do is keep taking them to see homes they're NOT going to be interested in.  Sayonora, Adios, see ya later alligator!  Next agent that will listen, step right up!

The Liz Spear Team of RE/MAX Elite doesn't try to influence our buyer clients to buy a RE/MAX listing over any other.  We want them to buy the RIGHT home for them.  The buyer doesn't care, we mean REALLY, REALLY DOESN'T CARE the name of the brokerage NOR the listing agent's name.

NO BUYER has ever yet woke up one morning and said to themselves "Today, I'm going to buy a Liz Spear Team of RE/MAX Elite listing because I like THEM!".  Nope, they buy one of our listings because they LOVE the home! 

And why do they love that home?  Because it fills their needs!  Our job is to present the home with fantastic marketing, pictures, information, visual tours, etc.... but if it doesn't meet the buyer's basic needs, the buyer WILL go to another house!

So what SHOULD matter to you when selecting your listing agent?  NOT
the size of their office, but the SIZE OF THEIR MARKETING!  If the listing agent prices you right, gets you staged right, then what finds you a buyer?  Internet presence, and LOTS of it!  Great pictures and write up, spread far and wide!  Your buyer may be a block away, or all the way across the country!

So don't buy the myth that if you list with the biggest office, they'll sell your home more easily.  If the particular agent you hire from the biggest office doesn't have the marketing chops to get
advertising to the massesyou max exposure, doesn't have the great pictures, doesn't have the info, do you think the buyers will still come to you because of the color of the yard sign?

So if you want to see a THOROUGH marketing package with mass Internet exposure for your home, call the small team with BIG plans for how to get you a buyer!  And did we mention The Liz Spear Team of RE/MAX Elite is a Cincinnati BBB Accredited Business?  Just ONE more reason you need to be talking to us if you want to sell your home!

Serving Warren County!
Liz and Bill aka BLiz

REALTORS(S) Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of RE/MAX Elite
Elizabeth & William Spear
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Liz direct:  513-265-3004
Bill direct: 513-520-5305     
Fax: 866-302-8418

MailTo:  LizSpear@Go-Concepts.com

Our Website:  www.LizTour.com

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This post has been included in Ohio Real Estate News Warren County, OH Real Estate News
Post is included in group: Addicted to Active Rain
Post is included in group: Advice for Sellers
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26 Comments on Another Real Estate Myth: An Agent From A Bigger Office Will Sell My Home Better

20 Most Recent Comments Displayed Show All

NOV
12
2010
1,049,931 Points 284 Featured Posts Outside Blog Called Shot Master

Ellie, We'll accept getting hired for the "wrong" reason (e.g. they like RE/MAX), but we'll back up their choice and make it work for them.  What we don't like is NOT getting hired for the wrong reason!  We know homeowners don't sell often, and when they rely on 10 to 15 year old thought processes, they're not helping themselves make the right choices!

7:46pm • #7
983,021 Points 79 Featured Posts Called Shot Master

Size doesn't matter.........it's the agent themselves and how they fulfill the needs of the client..........you have access to the inventory, so if you listen to their needs and show them what you're looking for, it's a win/win I would think.

8:18pm • #8
564,433 Points 10 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Bliz ~ so true.  We are independent contractors under a banner.  There are good and not-so-good agents in almost every office.  Listening to the client's needs is what is most important and then following through with what we promise.  Nice post.

8:41pm • #9
706,278 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Bill & Liz, as you know I work for Coldwell Banker Beverly Hills, the issue is what I do, my marketing plan, my skills, the advantage is "name recoginition" I do not have to spend time discussing with the potential seller who I work for. It is all about what I do and will we be able to get along. Good Observations and a Valuable post to your potential sellers.

9:11pm • #10
1,049,931 Points 284 Featured Posts Outside Blog Called Shot Master

Roger, Our thoughts, and the same from the selling side.  We determine with the seller what the best features of the home are and advocate!  It doesn't matter whether our office has 1 or 1000 agents, just how well we get the word out on their home!

Dawn, Exactly what we think too.  A mix everywhere, you have to find the best agent for the job.

Endre, Same here, our brokerage's banner means rarely having to spend any time about what company we work for, so the focus can be on the WHAT we do for them.

9:45pm • #11
760,475 Points 69 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I did my time a the big box.  No one hired me because of it and couldn't have cared less where I was.  Any company is only as good as it's workers and the old monopolies in real estate are gone.  The internet is the monopoly now and those that can master are the ones that will provide the best service.

10:38pm • #12
NOV
13
2010
361,997 Points 60 Featured Posts Outside Blog Called Shot Master

Wow!  Excellent post -- I ran with the Big Dogs, too, and I can tell you I have to agree with Roger and Jane!  It's about the direct relationship between Client and Agent.  Name recognition is great, but it's the rapport you create and your marketing acumen.  Leaning . . .

12:28am • #13
1,522,502 Points 162 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Interestingly enough if you look at the statistics, at least in our MLS, you quickly discover the limited times that the listing company and the selling company are the same.  Buyers and buyer's agents come from across the spectrum for supersize companies to small independents.  The advent of IDX has leveled the playing field for everyone in terms of access.  It means SERVICE is the true differentiator now.

6:10am • #14
1,049,931 Points 284 Featured Posts Outside Blog Called Shot Master

Jane, The balance has certainly shifted to the buyer, and I thought most sellers were up to speed on that aspect.  Unfortunately, we ran into one that still believes more agents at a company increases the likelihood of them selling.  Have never run into that objection for not hiring us before!  It may be influenced by the largest area RE/MAX franchises selling out to one of the local brokerages this summer, so for now, the brand footprint is a bit smaller.  Sometimes perception matters more than reality.

Tish, It's that balance on having enough brand recognition to get them to call you, but after the call, it becomes more about the relationship and our skills to market.

Cindy, Haven't run our local MLS stats on that, but I'm betting it's the same here.  I may just be tempted to run that report! :)  And I'd agree especially on the buyer's agent side with equal access to everything, service is the key!

6:40am • #15
275,890 Points 17 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Very interesting post!  When buying a house, it is the HOUSE that the buyer chooses.  When selecting an agent, it is the AGENT the buyer or seller chooses, not the company name that appears on their business card.  You can argue about the training and mentoring that comes in a large brokerage...however, that should also be apparent in the agent.  And mentoring can come from all sorts of sources..including Active Rain!

8:06am • #16
1,108,766 Points 72 Featured Posts

We totally agree, but after being with the big name, we found that it's not whose banner you are working under, it's YOU!

8:09am • #17
1,049,931 Points 284 Featured Posts Outside Blog Called Shot Master

Kathryn, That it's the HOUSE and not the AGENT is something sellers need to adjust to in our modern day marketing.  The agency may give them a higher comfort level in their selection, but it's the AGENT who has to market and perform to bring the buyers to the HOME.  And we certainly learn tons of great information here on Active Rain to help us better market our listings!  Very few other local agents from are here, or getting the Google placement from blogging.

Larry & Sheila, We like some of the advantages our brand brings us, but ultimately it's up to us to decide how we perform.

8:29am • #18
508,902 Points 49 Featured Posts Localism Sponsor Outside Blog Hit Router Called Shot Master

amen sister!  In fact, it probably shouldn't matter to the seller whether you EVEN work for a brokerage...it is all in the agent's ability to sell.

8:52am • #19
1,049,931 Points 284 Featured Posts Outside Blog Called Shot Master

Cindy, Pretty much!  The brokerage puts the MLS entry in, after that it's up to us!

9:14am • #20
317,758 Points 18 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Bill & Liz, this is such an incredible blog post!  The flipper side of me wants to hug you two right now!  I have a few REA's that constantly come to me with their listings rather than the types of houses they KNOW I am looking for.  It is very frustrating.  This post also helps me understand the "why the H E double toothpick they would do this too!  Thank you so much!  Any chance you'll be moving to South Central WI soon?

11:23am • #21
970,022 Points 102 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

I left a mega office in 2007 and have never looked back. Our office today sells more than that office 2 to 1. I point out these numbers out in my listing presentation in a very respectful way...

1:36pm • #23
1,049,931 Points 284 Featured Posts Outside Blog Called Shot Master

Paul, Just reinforces the point doesn't it?  You can bring the buyer from anywhere, any company's agent if you know how to price and market!  The buyers truly don't care about the agent, just the home.

2:40pm • #24
NOV
16
2010
330,653 Points 16 Featured Posts Called Shot Master

Yep, it is all about the agent now...but I still like being a RE/MAX agent, then that base is covered.

1:07pm • #25
1,049,931 Points 284 Featured Posts Outside Blog Called Shot Master

Dawn, Same here!  For most people, the brand combined with what we do is more than enough to win the listing!

1:25pm • #26

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Liz and Bill Spear RE/MAX Elite Warren County Ohio: Cincinnati to Dayton

Liz and Bill Spear

Mason, OH

More about me…

513.265.3004 www.LizTour.com

Address: 5720 Gateway Blvd, Suite 203, Mason, OH, 45040

Cell Phone: (513) 265-3004

Email Me

REALTORS(R) serving Warren County Ohio and surrounding areas. Observing and reporting on real estate and related topics to help your quality of life! And if you're asking where is Warren County Ohio? We fill the space between Cincinnati and Dayton. Perfect for enjoying the bigger cities without living in them. Places like Mason, Lebanon, Springboro, Waynesville, Franklin and more. Plus lots of rural properties available too. We work with both residential homes buyers and sellers.


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