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How Can Realtors Be Seen As Professionals

By
Real Estate Broker/Owner with Claire Properties Staten Island, New York

How Can Realtors Be Seen As Professionals

 How Can Realtors Be Seen As Professionals

How come when most people want real estate advise they talk to their neighbor?  Their Lawyer? Anyone but calling a Realtor?  Why did we score below used car dealers in the latest Harris Poll?  Why do people search online for an average of 6 weeks before contacting a Realtor?

Is it because we work on commissions?  Does that make the majority of us so insecure and hungry that we behave too aggressively?  Does the public see us crossing the lines between social media and social networking and just plain socializing .. I mean are we too solicitous?  When we constantly say "price your home right and it will sell" are we also saying we don't actually do too much to facilitate sales? 

I think there's probably some truth to all the above and it makes it so important to blog and post information that's important and relevant to our clients and customers.  If everything we publish and advertise is about us we're not speaking to our consumers.  We have to be sources of quality information consumers can use - without any data capture or strings attached. Does working on commission encourage us to interject ourselves into conversations and settings that aren't appropriate or make as appear too pushy?  How do professionals interject themselves and their services in different venues - whether it be parties, functions or while on social networking platforms?  Appropriately.  And sometimes not at all.  And if we're constantly saying; "If your home is priced right, it will sell" aren't we really saying we don't bring any value to the table. We're better than that.  Marketing, Staging, Negotiating, Working with our Colleagues all bring value to our clients.

If we want to be seen differently we have to see our customers and clients differently - we have to see our relationship to them differently.  They aren't prey that were hunting, they're not numbers tallied toward our salary - they're savvy consumers who, often times, we can help.  Whether we're educating them, saving them time, coordinating other professionals like attorneys and mortgage brokers so they can reach their goals or all the above.  We have to elevate our game and our approach to be seen as a professional entity. How Can Realtors Be Seen As Professionals

 

So many of us already do this and I think it's great, it makes me proud. As a group, Realtors, should approach marketing and branding from the perspective of helping the consumer.  When we approach social networking and media and our various promotional activities from the perspective of "What's in it for me" - I think the public smells that and it's a big turn off.  Let's make sure we're offering valuable information.  We can be entertaining but we have to maintain professionalism.

What do you think?

 

 

LaNita Cates
REMAX of Joliet - Joliet, IL

Hi Claire. I think it's because they see how much we make on the HUD and it shocks them. When you make $7,000 after showing someone 10 houses, they question how we earned that $7,000.  They don't realize how many of our deals fall apart or we put in TONS of work and get a $2,000 commission. They don't know how much out of pocket money we spend. They just see that one number.

Mar 19, 2012 02:21 AM
Vern Eaton
Askov, MN
Realtor 651-674-7449

The public sees only money goin gout.   Most sellers that have climbed the ladder of success understand the training and knowledge we have is also a big part of what is being paid for.

Mar 19, 2012 04:28 AM
Morris Massre
Pembroke Pines, FL
Real Estate Instructor Broward County Florida

I think the Goldman Sachs head honcho was on the money when he pretty much said the same thing about the stock market business.  Treat customers the way you would like to be treated and it will come back to you ten times over.

Mar 19, 2012 05:10 AM
Anonymous
Harj Gill

Buyers are "flaky" . . . comment a real estate "professional" made to me at one of my clock hour classes. 

Unfortunately, the majority of agents I've met do see their clients as wilderbeast on the plains of the Serengetti. "Prey" that are to be hunted down, stripped of the carcass . . . only to move on to the next kill.

What you are describing in your post is commendable and a utopian world. Personally, I have yet to meet an agent that says anything other than  . . . this is the best time to buy". When this industry truly puts the consumer first, is the time when consumers will see them as professionals.

Mar 19, 2012 01:44 PM
#4
Claire Bisignano Chesnoff
Claire Properties Staten Island, New York - Staten Island, NY

LaNita - Excellent point.  They see the big payoff but not all the hours put in that didn't materialize. 

 

Vern - I hope you're right - most sellers can tell if their Realtor is working hard in their best interests.

 

Morris - the Goldman Sachs head honcho was right about that...

 

Harj - That's why I wrote this post - we have to put customers and clients first.  By the way, I don't know if this is THE BEST time to buy but I have to tell you, historically speaking and professionally speaking, this is an excellent time to buy in most markets.  Interest rates are extremely low and home prices have fallen.  You can't time the market but I'd be comfortable jumping in now.

Mar 19, 2012 11:28 PM
Herman Herrera
HERMAN & CO REAL ESTATE - Staten Island, NY

Hey Claire!

Some good points here but none of it will work without radical fundamental changes....

1 - Change the basic requirements to become a REALTOR.  Mandatory bachelors degree in Real Estate studies as well as retesting every 2-4 years to keep our licenses.  Just as attorney's "practice" law, REALTORS should "practice" real estate.  It's ridiculous that anyone can take a 75 hour class, pass the state exam, pay $1000 in dues, and then be able to help people with the largest financial transaction in their lives.

2 - The state broker exam should be on par with the BAR.  

3 - There should be a thorough background check and psych exam.  Yes crazy people become REALTORS too.  As a matter of fact I think this career attracts crazies.  Claire, I bet we could rattle off at least 10 REALTORS who are unstable and wouldn't pass a psych exam!  

3 - Raise local and national dues....5 times what they are now.  This would pretty much get rid of all of the part timers.  You know the ones who don't answer their phone or return calls because they have other obligations and put those above their clients needs.  You don't see part time attorneys or doctors.     

4 - Regulate advertising.  The same way attorneys and banks are regulated.  Some of the REALTOR advertising is not only dishonest but down right laughable...and embarrassing to all of us  At last count Staten Island has not 1, not 2, not 3, but 4 different companies who all advertise that they are "THE #1 OFFICE IN STATEN ISLAND" and promote their "honesty".  It's a joke.  If you make a claim, you better be able to back it up or you are out.  

We won't be seen as professionals without radical changes.      

 

Mar 26, 2012 03:49 AM