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Weltenschauung - Demonstrate Local Market Expertise

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Weltenschauung - Demonstrate Local market ExpertiseWhen I got my real estate license back in 2007, not only was I entirely new to real estate, I was also new to the Nashville area. I had been interested in pursuing a real estate career for many years. If I'd gone into real estate back in Illinois, I would have had a large sphere. Tom had worked in municipal government for 31 years. He knew a lot of people and I would have been able to ride on his coat tail for a very long time. That's not what happened.

I struggled for a way to standout from the crowd. It seemed that every real estate agent was doing the same thing. How would I be able to garner the attention of buyers and sellers when I was so new to real estate and my area? That's when I was introduced to ActiveRain.

I wish I could say that I got the whole blogging thing right away but I didn't. I kind of muddled through for a couple of years. When I made a brokerage change in mid-2011, I knew I had to get serious about finding what truly set me apart from other agents in my area.

Our local MLS covers 50 counties and hundreds of square miles. I found that so many agents were trying to stretch themselves too thin by working a large geographic area. That's when I decided to hone in on Weltanschauung principle #2: 

We believe that real estate professionals will thrive if they demonstrate their local market expertise. With ever greater access to listings, local knowledge is 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 my local real estate market of Franklin TN. Even though, other agents were telling me I couldn't be successful doing so. I already knew Franklin so well. After all, I lived here, worshipped here, shopped here and dined here. It seemed like the logical thing to do.

That change made a huge difference in my business. I have steadily increased my sales each year. In a few weeks, we will be opening an independent brokerage dedicated to Franklin TN real estate. As a result of applying the above principle, 100% of my business has come from Franklin over the last two years.

By demonstrating local market expertise, I was not only able to survive real estate, but thrive in the process.

Weltenschauung - demonstrate 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(20)

Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Tammy

You have certainly demonstrated the value of being local and focussed, plus finding a way to differentiate yourself. Congratulations on your success. Hope 2015 is an even better year for you.

Jeff

Jan 05, 2015 02:36 PM
Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

Thanks for illustraing how this works in reality Tammie White . Well done.

Jan 05, 2015 02:38 PM
Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

You are a great example of local focus Tammie White ! Your success is another example of how AR can make a huge difference in our businesses. Best wishes for you new brokerage! May you enjoy a healthy and prosperous 2015.

Jan 05, 2015 02:41 PM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning Tammie White.  I do believe that you will do well this year because of your focus. I'm looking forward towards hearing about your endeavors.

Jan 05, 2015 05:06 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Tammie. I had no idea what that word was last year when I read about this contest, you have demonstrated your understanding of that word very welling.

Jan 05, 2015 05:46 PM
Elyse Berman, PA
LoKation Real Estate - Boca Raton, FL
Boca Raton FL (561) 716-7824

Tammie White I had no idea what this word meant either, but I enjoyed your post.  Wishing you much success with your new brokerage.

Jan 05, 2015 07:13 PM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Tammie, It sure looks like you made a very wise choice to target in on your local market area. Plus, Having Active Rain as a Blogging Platform helped to build that online presence as the local market expert.

Jan 06, 2015 12:25 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Tammie, Very nice story.  You stuck to your guns and it is paying off bigtime.  I can't wait for the announcement about the grand opening of your new company.  Have you picked a name????

Jan 06, 2015 01:38 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

As Ron and Alexandra tell us - there are riches in niches. Congratulations to you, Tammie. ( and Tom) 

Jan 06, 2015 02:02 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Jeff - It just came together naturally.

Tom - Thanks for stopping by.

Nancy - Real estate is local and so are we.

Michael - Fingers crossed.

Joe - This is just one facet of the word.

Elyse - Thank you.

Jerry - Having AR on my side is one of my most valuable secret weapons.

Belinda Spillman - We have picked a name, it was required for our application. However, it's not as glamorous as yours. Since the bulk of our business comes from the internet, the name we chose reflects our desire to rank highly with the search engines. We are excited about the next step and will announce the name when we get the word that everything has been approved by the Tennessee real estate commission.

Debb - We're sure hoping their right.

Jan 06, 2015 02:15 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Tammie, you and Tom White nailed the local expertise in real estate. Add to that your kind, compassionate and caring hearts, I can see you dominating the Franklin TN real estate market.

Jan 06, 2015 04:55 AM
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX
Real Estate Agents

I am so proud of you, my friend!!!! And thank you for your Christmas card. I saved it!

Like you, I niched in a very small geographical area. I didn't have the brilliance to do that. Instead, it was God who said 1 simple statement to me:

Frisco Texas is my mission field.

With that, I just created a website solely targeting on Frisco Texas. Although I cannot say 100% of my business is in Frisco Texas. It always begins in Frisco.

Jan 06, 2015 05:09 AM
Erin Bates
CMG Financial and Expansion Marketing Services - Aurora, CO

That is awesome Tammie.  You guys are going to do great and it will all be for yourselves.  I'm excited for you both.

Jan 06, 2015 05:53 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Kathleen - You should be our spokesperson.

Loreena - It seems that business seems to always start and end in Franklin. Even though, buyers will end up looking in other areas only to learn Franklin is meant to be their new home.

Erin - We can't wait but I am nervous about jumping through all the right hoops.

Jan 06, 2015 06:01 AM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Good evening Tammie White , Good for you. You know your market and they know you.  It all makes sense to me to have your own brokerage.

Jan 06, 2015 08:53 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Tammie White you have a done a great job in building your business with your niche marketing in Franklin - KUDOS! 

Jan 08, 2015 12:31 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Larry - Agreed.

Joan - Thank you.

Jan 08, 2015 01:45 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Tammie, Finidng a niche is where so many agents go wrong. You have focused and are now reaping the benefits of being known as the Franklin TN Realtor.

Jan 09, 2015 01:17 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

You are going to rock it out of the ball park! It seems like it's been forever since you announcement and I am eager for you...

Jan 10, 2015 11:10 AM
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Tammie White - I wanted to urge everyone to read your profile, totally tells you about you and your background but also about Franklin TN. By pressing a search button, I was able to find out that there are 524 properties for sale all the up to about $18 million dollars. I see why you are so successful in your community, buyers and sellers will want to get in touch with you. 

 

Jan 11, 2015 01:47 AM