A few days ago I was having a conversation with a pal of mine in Chicago (One of those Staging types) and eventually we got into talking about what drives people in service industries to change their philosophies and their behaviors in how they approach their business and in turn, servicing their clients. What happens that causes that very moment that the light comes on and we see all so clearly what needs to be done? I immediately remembered a thought I had heard many years ago from a very successful businessman. "Changing the way you do business comes about as a result of your own Intuition or the ability to see the changing Demands of your customers" The businessman was Sam Walton. I was a very impressionable youngster when I worked for Mr. Walton so most of his philosophies have stuck with me over all of these years since. It isn't much of a leap in transforming the philosophy from the Retail world to the service industry and more specifically the Real Estate Industry.
Intuition is, well it is, what it is. I don't know where it comes from, I don't know why others have it and I do not, it's just there or it's not. If you have the intuition to know what your clients need before they tell you, then you are truly gifted and will be forever ahead of the curve.
Demand shows up in our clients' words and in their actions. Client demands will more than likely start small and grow. Realtors and Stagers may see the start of growing client demands in questions like "What is Home Staging?" or "How much does it cost?", "Do you recommend home staging?" or "What can you do to market my home differently than other Agents?". As time passes and the demand grows the questions may change to "Do you provide a Home Stager as part of your listing?" or "Can you show me the results of the homes you have staged?" or you may hear Realtors ask Stagers "Can you show me photos of the work you have done?" or they may ask about "How can I be sure you will be professional when working with my client?" And of course "How Much does it cost?" As our clients become more educated, their questions will become more pointed and their actions will start to speak louder than their words. Agents and Stagers might start loosing potential clients because they just don't offer the things that have become standard as a result of client demands. You may also start loosing existing listings to other agents because the client feels that they did not receive the right advise on improving the marketability of their home. For Stagers we could easily see a large gap open up between those that are truly professional and those that are not, because our clients understand the difference. We could easily see those that lack the intuition it takes to market a home properly, fall by the way side, because our clients have learned how to spot those that can and those that cannot. Desperation can also drive client demands. Desperation for many is the reality of the day. Desperation can be seen in the reaction of the homeowner that has been making payments on two homes for a year and cannot understand why their cold, vacant home will not sell. Desperation comes in the reaction of a homeowner that has the 30th ranked home in a market of only 20 buyers. Desperation comes in the reaction of a homeowner that after many months has just bought into the fact that their home is not worth what it uses to be worth, or the owner that has two months to sell before the bank takes their home and his equity. Desperation can also set in to those clients that chose to have their home staged by the cheapest Stager, rather than the most Professional. The ability to learn and correct our course as Realtors and Stagers can also come from the desperation of our own failing business.
So what is inevitable for those among us that do not have the god given Intuition to see what's coming and change, or for those that do not have the ability or desire to change as a result of our clients' new demands. EXTINCTION!
Making changes in our lives goes against every basic human instinct. We get comfortable in who we are and what we do and in fact many of us feel proud that we are really good at the things we do. We feel as though change simply represents turning over our proverbial comfort zones apple cart.
What path are you on? Are you one of the lucky few with a high level of Intuition and the ability to act on it? Are you someone that can read the changing demands in our clients and have the ability to act on it? Or are you paralyzed to act and will follow the path of extinction?
Stagers and Realtors alike, be an agent of change and avoid the path to extinction.
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