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Weltanschauung - Thrive by Demonstrating Local Market Expertise

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Thrive by Demonstrating Local Market ExpertiseBack in 2008, I was introduced to ActiveRain. Unfortunately like so many, I didn't actually start posting here until August 2009. It was very slow going for me. I didn't really understand the whole concept of blogging and didn't really reach out for help. ActiveRain University didn't exist back then so there wasn't an opportunity for me to attend a webinar to learn.

Much of my early posting was useless. I posted market reports without any written explanation, just a chart showing recent sales. No wonder I wasn't ranking in the Google Serps. It wasn't until I took an online webinar offered by Katerina Gasset that I really started to understand blogging and it's relationship to my local market.

When I recently read the Weltenschauung for ActiveRain, it occurred to me that guideline #2 has become the cornerstone of my success in the real estate business. It reads:

We believe that real estate professionals will thrive if they demonstrate their local market expertise. With ever greater access to listings, local knowledge is not the key differentiator.

Thrive is exactly what I did. At a time when other real estate agents were leaving the business, I decided to focus on the things I thought would make me successful.

I started by changing brokerages to keep more of my hard earned commission. Then I got my own website. Up until that time, I had relied on the website that my big box brokerage had provided. Is it any wonder that I was struggling? Lastly, I decided to focus on my local market of Franklin TN. No more trying to appeal to the masses like other agents in the Nashville real estate market.

Those changes made the difference in my business. In 2012, I saw a big jump in my business. For the first time ever, I made a six-figure income. The following year, I topped 2012's income for my best year to date. As a result of applying the above principle, 65% of my business last year was derived from internet marketing and 100% of that came from Franklin.

My story isn't unique. I see agents everyday here who have applied this same principle to grow their business. If we hone in on the principles and guidelines outlined here, we can't help but succeed.

Weltenschauung - thrive by demonstrating local market expertise.
Posted by
Tammie White, Managing Broker/Owner
CLHMS, CRS, GRI, SFR
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
GET REAL. GET LOCAL.
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Franklin Homes Realty LLC. Any party who uses this material without the written permission of Tammie White is subject to copyright infringement and possible lawsuit.

Comments(12)

Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Tammie: The methods you employ work, evident as your business and market share continue to grow. Kudos to you for sticking to it and finding your niche.

Jan 26, 2014 01:06 AM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

You are one of my top 5 I like to follow on Active Rain when it comes to focusing on a niche and thriving because of it!

Jan 26, 2014 06:51 AM
Jill Winchel
Royal Shell Real Estate - The Koffman Group - Cape Coral, FL
We make it easy. You make it home.

You're definitely doing the right things to grow your business, Tammie, and one to watch for insight.

Jan 26, 2014 10:38 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Anita - It took some tough work on my part, but I feel like I've arrived.

Shannon - That is so nice. I hope I don't disappoint.

Jill - Thank you. That's especially nice coming from someone in my market.

Jan 27, 2014 12:30 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Tammie, You have mastered that. I don't know anyone that has demonstrated such expertise and knowledge of the Franklin TN area. Excellent job.

Jan 27, 2014 01:04 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Debbie - Thanks for noticing.

Jan 27, 2014 01:18 AM
Ruth Lerner
William Raveis Real Estate - Brookline, MA

That's an inspiring story.  When you put out all this content about the market with little immdiate results, it is sometimes difficult to keep doing all this work.  But demonstrating market expertise takes time and pays off.  Thanks for sharing.

Jan 27, 2014 02:29 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

I had a somewhat opposite experience as I started out promoting myself as the expert in my neighborhood but after blogging opened the doors for me, I changed my focus to the entire county, and now I am the #1 agent in my county for unit sales out of the 1000 agents in my company.

Jan 27, 2014 08:57 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Ruth - It does take time.

Elizabeth - That is quite an accomplishment. I have seen some of your many about.com articles so it's no surprise that you've been so successful.

Jan 27, 2014 09:49 AM
Paula McDaniel
The Paula McDaniel Group with Real Estate Partners Chattanooga LLC - Chattanooga, TN
Voted Best of the Best Chattanooga Realtor 9 Years

Well written! Thank you for sharing. 

Jan 31, 2014 03:27 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Paula - Thanks for stopping by.

Jan 31, 2014 03:57 AM
Lynn B. Friedman CRS Atlanta, GA 404-617-6375
Atlanta Homes ODAT Realty - Love our Great City - Love our Clients! Buckhead - Midtown - Westside - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Dear Tammie -
Your consistent local focus is a great example for me each time I read your posts.
Thanks for your guidance. Often you help others without even knowing you did!
Have a happy day -
Lynn

Feb 01, 2014 02:37 PM