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Sometimes You Don't Find Your Niche... It Finds You!

By
Real Estate Agent with Coldwell Banker Realty NRDS # 146013739

YOUR Solutions REALTOR®

Sheri Sperry top Sedona Realtor®When I first started as a Sedona Arizona REALTOR®, I knew at some point I might have to "declare" or determine a niche. I didn't know what that niche would be other than I really wanted to be a Sedona luxury home real estate agent.  I have always enjoyed looking at homes and we were personally considering a luxury home prior to the recession.  Because of that, I am able to critically look at the quality in a home. I also love to see the gorgeous views and amenities that are offered. 

Sedona Luxury Real Estate Agent Sheri Sperry

 

So, what's the best way to break into the luxury market?  

My decision to join our luxury group would give me the inside scoop on buyers and sellers from those who were the top in the luxury arena . Little did I know that I was going to be that person to bring some fresh ideas to the group. The veteran members (everyone but me), were impressed with my outside perspective. This earned me the opportunity to be elected president within my first year. 

A Risk That Paid Off

Joining SLREP was a risk that paid off.  There was a big benefit working with experienced agents which helped propel my own knowledge, experience and networking ability in this luxury segment of the real estate market.  

We hold education events as well as have outside speakers come in to give us the latest details on amenities and what is hot in our specific market. We also tour luxury homes that go on market. 

Here Is The Twist ...

Luxury is not my niche market. Sure I have had luxury listings and sales but this is not the bulk of my business.

Clients Don't Live Here Full Time

Second Homes, Vacation Homes, and Estate Sales are my main business. I never went looking for this niche. Most of my clients don't live here full-time. They need someone who can identify solutions. I am their eyes and ears while they are not in town. I make it a point to visit and inspect every vacant property weekly. Furthermore, I keep my clients updated on the status of their property through a number of services I offer. 

My Trust Won't Be Violated

I can communicate well with vendors and act as my client's representative. Bottom line - I can be trusted and I won't let a client down. This is huge when you don't live here and have to travel to handle the maintenance, inspection process and sale of your home. 

Another Niche...Probate & Trust Sales

The average age of a resident in Sedona is in the 50's. Many people retire here so our population is aging. Another niche that has sought me out is dealing with heirs and estates.

Sibling Rivalry

Most properties have multiple heirs. Some have been at odds with each other and not always on the same page with decisions that have to be made. These heirs are usually siblings who may or may not be emotionally available and often have family baggage that will surface during this emotional time. 

Negotiate The Potential "Land Mines"...

Even though there may be a legally defined executor, there may be other heirs who have a greater influence than may meet the eye initially. The ability to determine how this influence is directed is an art I have mastered through experience.  If issues come up, I will recommend a lawyer be retained. Helping these siblings (heirs) get through this time by providing the real estate solutions and support they may need is my number one concern.

In one case, there were three heirs, all with them had different ideas of how to proceed. I was able to negotiate the potential "land mines" and successfully arrange the sale of their property. 

Chance Encounters ...Or Not?

I personally believe that these heirs have been guided to me for a reason. There is no rhyme nor reason why a decedent's heir should have found me, but somehow they do. I have never turned away a client who has had a loved one pass and needs my help. It is not a niche that I sought out, however it is one I embrace with my whole heart.  

The Fruits of This Niche

Just recently an estate sale closed. I called the two sisters who live in two different time zones and told them the good news. I was not expecting the flood gates to open! Each was finally able to let go after a 13 year attachment with a home their mother had owned and they had to deal with through rentals and other horror stories, I won't go into.  

I was able to help these two wonderful women start a new chapter in their lives by releasing an anchor they couldn't.  

 

This is why I do what I do and what makes it all worth while. 

 

Service you can depend on Sheri Sperry


 

ABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you.

I am YOUR Solutions REALTOR®”

~

Contact Sheri Sperry

 

This is my entry to Evelyn Johnston Setting Yourself Apart - A Niche Contest

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

Hi Sheri

I really enjoyed reading about the different niches you are involved in and how they came about. I think it's often true that our niches sometimes find us, rather than the other way around.

Jeff

Apr 18, 2017 12:22 PM
Sheri Sperry - MCNE®

Thank you Jeff! Good things can happen when you least expect them!

Apr 18, 2017 03:19 PM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Sheri - I think you're right about our niches finding us - neither Mary nor I had any idea of the directions our business would take us during our first few years, and there ahve been additional surprises along the way.

Apr 18, 2017 12:23 PM
Sheri Sperry - MCNE®

Hi Dick, It is a great feeling to know that our niches will find us. 

Apr 18, 2017 03:20 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Sheri,

Nice post on your niches, and glad they found you.  Wishing you a great rest of the week.  A

Apr 18, 2017 12:28 PM
Sheri Sperry - MCNE®

Hi Alexandra, They have found me and I embrace them!

Apr 18, 2017 03:40 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Sheri, what a fun post - lots of twists and turns on how your niche found you. All equally important in your real estate career. You take excellent care of your clients and always go above and beyond. The recent estate sale you closed sounds like it is one you'll always remember; so special when you know you lifted a weight for someone else and in your case 2 people!

Apr 18, 2017 02:39 PM
Sheri Sperry - MCNE®

Thank you Amanda. This listing was a real roller coaster of a ride and I was so glad to be part of it for my clients.

Apr 18, 2017 03:43 PM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

This is a great niche post, Sheri.  Thanks for sharing your experience!

Apr 18, 2017 02:53 PM
Sheri Sperry - MCNE®

Hi Carol -Thank you ! I enjoy working with my clients this way. 

Apr 18, 2017 03:58 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Sheri, I agree that for most of us or niche finds us. There is something about us that draws people to us or we have a life event that causes us to lean in to a niche.  That is what happened with me with my niche. It feels more like a calling. 

Apr 18, 2017 03:24 PM
Sheri Sperry - MCNE®

Excellent point Kathleen! I think you are right on target. It does feel like a calling!

Apr 18, 2017 03:59 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The business leads us into unknown territory and this in turn gets us to thinking, what if... Thanks for sharing your story.

Apr 18, 2017 05:31 PM
Sheri Sperry - MCNE®

It definitely does Debbie Reynolds !

Apr 21, 2017 08:05 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Sheri Sperry - MCNE®  I t is important to know your stuff I have a closing in a few weeks . I just happened to ask the agent if the heirs had probated the will . She asked what did probated mean ??? The answer was NO -- we are now scrambling -  Important information for you to know  Great when a Niche finds you 

Apr 18, 2017 06:24 PM
Sheri Sperry - MCNE®

Hi Hannah Williams - You are so right! I had an issue from 13 years ago...a lawyer failed to file one page...probate was never completed. It cost us the sale. 

Apr 21, 2017 06:27 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Sheri

Niches are the roads to greater success in a real estate career.

Good luck and success.

Lou Ludwig

Apr 18, 2017 07:24 PM
Sheri Sperry - MCNE®

I quite agree Lou Ludwig !

Apr 21, 2017 06:30 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Short Sales were the niche that found me during the real estate crash.  I have that and my farm area as my staples.

Apr 18, 2017 08:15 PM
Sheri Sperry - MCNE®

Hi Chris, - I can see that happening. Niches that find us can be quite rewarding.

Apr 21, 2017 06:31 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Sheri - You are right in that sometimes the area you serve may end up having something to do with the people you serve, and the niche you work.

Apr 18, 2017 08:15 PM
Sheri Sperry - MCNE®

Hi Troy Erickson - You don't always know this when you are first starting out. But you come to see it as you settle in! 

Apr 21, 2017 08:15 AM
James Dray
Fathom Realty - Bentonville, AR

Good morning Sheri.  I'm too young to have found my niche.  Once I find out what I want to do I’ll let everyone know

.

Apr 19, 2017 02:38 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Sheri.  Thanks for sharing your niche and how it found you.

Apr 19, 2017 04:36 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I am not sure if I have a niche or not, but I haven't really looked for one.  Perhaps one will come to me as well.

Apr 19, 2017 07:48 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It's a great niche but many agents who aspire to that don't understand how much expertise, work, and expense is involved.

Apr 19, 2017 08:09 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much for telling us about your niche and some of your successful marketing practices.

Apr 19, 2017 08:37 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Good agents look for niches. GREAT agents climb up and down the spiral staircase of Real Estate Adventure Land and make the best decisions such as Sheri Sperry - MCNE®!!!

Apr 19, 2017 07:56 PM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I agree that some of the best niches can be one's we didn't intend to focus on but it just happened.  Probate & Trust sales are definitely a different thing and need a very knowledgable agent.  This is NOT our niche.  Good job! -Kasey

Apr 22, 2017 10:28 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Unintentional Niches is your niche! I'm glad they found you, I can tell you relate well to them!

Apr 25, 2017 06:31 PM
Beth Bromund
Coldwell Banker Weir Manuel - Rochester, MI
REALTOR (248) 651-3500

You sound very passationate about helping people reach the best outcomes.  Homeowners and their extended families from your area are lucky to have you!

Apr 26, 2017 03:07 AM