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The "One Shot Deal" Real Estate Agent....Never Receives Referrals!!

By
Services for Real Estate Pros with RE/MAX Executive Realty - Happily Retired 104763

We all realize that the real estate business is a referral business.  It’s a people business.  If and when you treat people well, they will reciprocate and remember that fact.  They will remember who did their job properly and represented them properly through a transaction, and they will want their friends to have the same pleasant, positive experience.

Yet, I continue to see agents who drop the ball.  I witness agents who put a deal together and fall off the face of the earth; they don’t return phone calls; they don’t cooperate by doing their job properly and following up; they fail miserably at completing a transaction; and the other agent is saddled with the entire deal.

Those are the agents who think of each real estate transaction as a “one shot deal.”  They don’t think about referrals.  It’s like picking an apple from a tree.  They pluck the apple; take a bite or two; and toss the rest.  They are satisfied with a taste and never clean it to the core. 

They handle their business the same way.  They do just enough to be granted the commission.  It’s never really earned.  It’s “granted” because the agent is licensed and the agent showed a property.  That agent is a “one shot deal” agent.  There are many seasoned agents who have worked in the industry for years, but they never experience the joy of working with "generations" of family members.  They do survive and some thrive, but none are ever spoken of positively by past clients.  It’s a sad scenario.

Posted by

 

 

Barbara Todaro, Great Grandmother to Caleb, Santino, Aiden and Gianni       

Todaro Team - Retired

508-918-9148

               

             Copyright © 2009 - 2021 Barbara Todaro

                               All Rights Reserved



 

Comments(52)

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Barbara - for me it's all about the relationships.. I like agents who pull their weight.  It 's too bad that even seasoned agents don't pull weight.

Sep 26, 2012 11:53 AM
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Barbara, and I wonder if those agents ever think about why they have to do so much advertising and prospecting to stay in business, or are they completely cliueless?

Sharon

Sep 26, 2012 12:18 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Barbara, we should work together some time. That will never happen with me. Today, I got a call from a buyer. He kind of stammered when I answered. He said, I didn't expect you to answer the call. I've called about 5 other agents and the call went to voicemail. I said, "Lucky you because I always anwwer my phone." Guess who has a buyer's consultation tomorrow?

Sep 26, 2012 01:15 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

BarbaraT- congrats on a well deserved feature.  You are so right... when you are in sales of any kind your ability to interact with people.. to form some kind of relationship will determine your success.  

Sep 26, 2012 02:31 PM
Amber Boyd
Novus Real Estate - Wylie, TX

This is a great post. It is so hard when you run into those agents who simply do not care. They just do the bare minimum to get that check in the mail. I hope that I can learn many things in the activerain community that will help me gain the experience to help keep those referrals coming in. 

Sep 26, 2012 02:48 PM
Kerry Lucasse
eXp Realty - Urban Nest Real Estate Group - Atlanta, GA
Your Urban Nest Atlanta Real Estate Consultant
I'm sure those are the same agents whose clients can't even remember their name 6 months after closing. Excellent post!
Sep 26, 2012 06:36 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Wow.  They can't be earning any real money.  Just picking up the scraps.

Sep 26, 2012 08:33 PM
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

Great post Barbara!  Those types of agents are probably working with the type of buyer that doesn't really care about whether their agent is good or not, but through constant communication you can build a relationship and ENSURE that they'll be a repeat buyer!

Sep 26, 2012 09:00 PM
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

I've seen this far too often Barbara.  It's not a good thing at all.  Congrats on the feature!                                                   

Sep 26, 2012 09:23 PM
Brian Kuhns
Coldwell Banker Roth Wehrly Graber - Fort Wayne, IN
Fort Wayne Real Estate by Brian Kuhns

I've never understood how some of these one shot agents survive in todays climate. I'd rather have happy referrals than work entirely new business all the time, congrats on the feature

Sep 26, 2012 10:18 PM
Dick and Dixie Sells
Sells Real Estate, LLC - Trinity, FL
Realtors, Tampa Bay Florida Homes For Sale

That is so true, Barbara. We believe also in becoming your "Realtor for Life" and many times work with different members and generations of the same family over and over. 

Sep 26, 2012 10:20 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Barbara we seem to have some of thiose agents herein Nh that seem to do just enough to get by, they usually have so many listings it is not possible to service all of them. It is the short sales and howm owners that pay with the poor service they receive. I live for that motto "Real Estate agent for life"

Sep 26, 2012 10:26 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Barbara, I've worked deals where it took constant reminders to make sure everything was done in a timely manner. The "One Shot Agent" always seems to be on time though to receive their check.

Sep 26, 2012 10:56 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

This is a timely reminder on a very old and reliable dynamic too. Please let me emphasize that it is a long term relationship and you may not hear from somebody right away. However in time you will and between now and then, be referred..

Sep 26, 2012 11:24 PM
Sharon Senger
tcDocs - Seattle, WA
Licensed Transaction Coordinator

Barabara,

Thank you for this post and for reminding agents that it does not finish at the closing table. After doing a great job and taking such good care of the client why would you not stay in touch. Putting a reminder on your calendar to check in with them after a few weeks to see how things are going, sending a card during the holidays and keeping them updated on the real estate market is such an easy thing to do but sadly not everyone takes the time and when their business is slow they wonder why!

 

Sep 27, 2012 12:23 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Barbara  Over the past 36 years I've enjoyed referrals - even helping sons and daughters of clients rent or purchase their first home = some of whom were not even born when their parents purchased a home from me

Sep 27, 2012 03:52 AM
Evelyn Kennedy
Alain Pinel Realtors - Alameda, CA
Alameda, Real Estate, Alameda, CA

Barbara:

I love this post.  I am one of the agents who lost previous clients because I didn't keep up with them.  Shame on me.  I don't do that any more.

Sep 27, 2012 05:34 AM
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

SO interesting how many agents just don't "get it"

Sep 29, 2012 11:34 AM
Bob Edwards
Coldwell Banker- The Real Estate Group, Inc. - Appleton, WI
Fox Cities Real Estate Hotline, SFR- Appleton, WI

Great post Barbara and very nice to see it in "LinkedIn Today" newsletter. Sad but true and quite frankly, I don't see how the "One Shots" can stay in business and maybe they don't. The unfortunate thing is that it does not reflect well on others in the industry. My business is never based on the transaction at hand but rather on the relationship I build with my clients and customers. Best wishes to you!

Oct 02, 2012 12:59 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Bob....thanks.... I didn't realize it was in the linkedin today newsletter...

Oct 02, 2012 01:03 AM