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Keeping Prospecting Ethical in 2018

By
Services for Real Estate Pros with www.PrinterBees.com BRE# 01392374
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I’m already SO excited about the new year. There’s just something about a new calendar that feels like a fresh start. And who couldn’t use a fresh start every once in a while?

There are so many new trends in real estate marketing, along with exciting new ways to reach out to customers. However, I’m a stickler for doing things right.

So, to keep your marketing ethical in 2018, avoid these marketing tactics!

Don’t: Discriminate in Your Niching

Targeting specific age groups or demographics is no problem at all. However, you want to be careful that your marketing pieces don’t include anything that can be considered discriminatory.

The National Association of Realtors® code of ethics bars any indication of preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity.

That doesn’t mean you can’t choose a niche. It’s just that when you appeal to those customers in your marketing, you have to be careful not to make derogatory comments about other groups.

Don’t: Overstate Your Expertise

Everyone wants to be “#1” or “Best,” but making these claims without qualifications can get you in trouble. You can say that you had the most transactions in the area in 2016, or that you have a 4.8/5 satisfaction rating in reviews.

However, simply saying “Your #1 Realtor®” is not a good idea. Not only is it not true in the universal sense, but it doesn’t help the customer know why to hire you.

Instead, focus on specific ways you can – and have – helped customers with their problems. This will show that you understand a buyer’s or seller’s needs, and will help you get hired quickly.

Don’t: Buy Social Media Likes, Comments, or Followers

You want people to know you’re a big deal, right? However, if you’ve just started your Instagram, Facebook, or other social media accounts, you probably don’t have a lot of followers or interaction.

It can be tempting to skip the building process and simply buy what you’re looking for. What’s the harm in looking more popular than you really are?

Quite a lot, as it turns out. Buying likes, comments, and followers can destroy your credibility. Many times these followers don’t interact in ways that make sense for your post and customer base, making it obvious they are fake.

Would you hire a real estate agent with 100,000 followers that aren’t from their home country – and no other audience? Would you trust them to market your home well, and ethically?

Me either.

Don’t: Fall Behind on Market Knowledge

Mispricing a home on purpose is obviously unethical, but what if you simply didn’t realize that the market in the area had shifted?

You may not be intending to do anything wrong, but you aren’t fulfilling your professional obligation to the seller. You need to be aware of changes in your target areas at all times.

This type of mistake can happen in other areas as well. If you are sleeping through your CEs instead of paying attention, or simply get lazy about keeping up on your industry, you risk making serious mistakes.

Take your job seriously, and you’ll be a top-flight real estate agent that folks will want to work with!

Make 2018 Your Best Year Yet

At Printerbees, we want to see you succeed. We have all the marketing materials you need – farming postcardsbusiness cardsdoor hangers, and much more.

If you want to make 2018 your best year in real estate, focus on your marketing strategy and keep it ethical. We’re rooting for you!

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nadine,  another great post from you for us here in the rain, keep them coming.

 

Oct 24, 2017 11:43 AM
Nadine Larder

Will do, Will! It's always so nice to see your comments!

Oct 26, 2017 12:50 PM
MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

These are excellent points for people to remember when trying their hand at client prospecting!

Oct 24, 2017 04:54 PM
Nadine Larder

Thanks Michelle, I'm so glad you liked it!

Oct 26, 2017 12:50 PM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Great advice! I didn't know you can buy likes and followers. That is horrible!

Oct 25, 2017 04:43 AM
Nadine Larder

SO common. I wish it wasn't!

Oct 26, 2017 12:50 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Nadine

You've shared some excellent thoughts here! I like the focus on being ethical about marketing - should always be that way!

Jeff

Oct 25, 2017 07:27 AM
Nadine Larder

I agree 100%! If it's not ethical, I don't want a part in it.

Oct 26, 2017 12:51 PM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

I always laugh when people say REALTORS(R) are always ethical because the Code of Ethics says they must. It's not something you can demand, but always comes from the heart. You've presented good reminders regarding trouble spots where some do slip up.

Oct 25, 2017 10:31 AM
Nadine Larder

LOL, yes, there's the letter of the law and the spirit of it. I always look for folks who really WANT to do right!

Oct 26, 2017 12:51 PM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

This is another great post Nadine. Thanks for the smart advice and I'm with Marte - they don't teach ethics - we got em or we don't. ;) 

Nov 07, 2017 12:23 PM
Nadine Larder

Thanks Deb! Sometimes people cross ethical lines trying to "help" clients get something they don't qualify for, or trying to finalize a deal. I think being clear on where you stand in "grey" situations can be taught. :-)

Nov 07, 2017 12:28 PM
Debb Janes

You know what? In that context, you are absolutely correct. Thanks for clarifying that point. 

Nov 07, 2017 04:14 PM