Margaret-Joeann-KristalImagine being in a room with more than 200 motivated Women's Council of Realtors members at 8:45 in the morning. Now put yourself and three others on a panel at the front of the room, there to talk about business development. That's a recipe for enthusiasm, fun, and information sharing.

When Joeann Fossland  (center of the photo with me and Kristal) asked me to be on the panel a couple of months ago, I said "Of course!" without really knowing what was involved. Later I learned that I would be sharing the panel with the remarkable Kristal Kraft and Liz Callihan, and that the moderator would be the national WCR president in 2005, Betty Kincaid.

We had less than two hours that flew by like two minutes. Lots of questions and hours of information to pass on, but so little time before it was over and it was on to the next session. Some of the highlights:

  • Liz talked about technology and how everyone is trying to sell us something. She said agents are buying gadgets and wasting money. Liz quoted that famous line, "A fool and his money are soon parted," only in her version it was "A Realtor…" She suggested using free sites like Craig's List for our listings.

 

  • About marketing, Kristal commented that "We real estate agents are in charge of marketing, the seller is in charge of marketability."

 

  • Social networking was brought up, and of course Active Rain as a good example. Kristal and I "met" through The Rain and then at the CyberPros meeting.  Kristal finds Twitter to be very useful for staying in touch and for getting business. But Liz commented: "Twitter - a tremendous time suck."

 

  • We talked about an IDX site and whether to have people sign in to get information. I do not require a sign up anymore than I  insist on getting information over the phone. I will give any and all information about my properties without a name or phone number. Kristal disagrees and does require a sign up. She says this is a good way to capture "real" buyers and to pass them on to other agents.

 

  • We were asked what percentage of our budget we spent on advertising. I had that question first, and said something like, "You are assuming I have a budget! I know my income and purchase items to make me better with clients. " As an example, I demonstrated the new flip video camera that Joanne suggested in one of her newsletters. I bought it as a Mother's Day gift for myself and was takingWCR Panel a video of the audience as I was speaking.

 

  • Another question: "What are you doing to attract buyers to your listings?" In recent months, what's working for me is accelerated marketing through TRAC (The Realtor's Auction Company). It started with the auction of that historic church last year, and now I'm able to offer clients both a traditional listing and an option of taking their home to auction.

 

  • I was ready for this question: "What are you doing to promote yourself?" I just happened to have some postcard-sized handouts for my book, Real Estate the Rome Way,  that will be published in the fall. Stay tuned for more on that exciting project!

It was a fantastic panel and the response from our audience was so enthusiastic. (That's Betty at the podium, with Liz, Kristal, and me from left to right in the photo.) I believe the energy in that room could have powered the entire city of Washington for the whole day!

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Post is included in group: The Art Of Marketing You
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13 Comments on Biggest Bang For Your Marketing Buck..WCR Panel in DC

MAY
18
2008
137,376 Points 62 Featured Posts Outside Blog

 Margaret!!! So nice to see you post in the marketing group, it was overdue! Also thx for sharing the WCR's marketing thoughts. Re "Kristal finds Twitter to be very useful for staying in touch... Liz commented: "Twitter - a tremendous time suck."...

 I'm still sitting on the fence about Twitter, I rarely tweet but keep it open in the background sort of like ambient music and take a peek once in awhile to see why my buddies are up to.

 Your webpage for Real Estate The Rome Way looks awesome, congrats!!!

11:10pm • #1
366,658 Points 110 Featured Posts Outside Blog

Hi there Margaret, It was so much fun to share a panel with you!  You are right about how quickly the time passed by.  Somehow I think anyone of us could have talked all day! We were just getting started up there...

One thing I walked away knowing, it almost doesn't matter what you do, what matters is you do something! We work differently and that works! 

You are a terrific marketer and a warm, wonderful lady.  It is such an honor to be included in a panel with you.

kk

11:45pm • #2
MAY
19
2008
110,262 Points

Margaret - what fun! How exciting it would have been to be a part of that discussion..I'm insanely jealous!

5:11am • #3
186,786 Points 12 Featured Posts Localism Sponsor Outside Blog

Margaret, Wow, sounds like a dynamic group!  I would've loved to be there.  From what I've heard about Twitter it sounds as if it would be a waste of time.  It sounds as if its people posting random thoughts and that's what they pride themselves on....am I wrong?

4:48pm • #4
140,478 Points 9 Featured Posts Outside Blog

You did a marvelous job and WCR was thankful for your brilliance! your are generous + wonderful!

9:17pm • #5
MAY
20
2008
356,210 Points 38 Featured Posts Localism Sponsor Outside Blog

 I am so proud to have a book cover designed by Marti. The ease and speed that you took my ideas and made a work of art were awesome. Real Estate The Rome Way  You are a true artist and professional !!

5:25am • #6
110,262 Points

Margaret - You know I would be one of the first to sign up for a copy! I can't wait to get my copy and Marti did such a wonderful job on your design! What a lucky person you are to have such a professional and great person to do your book cover! Boy..it was hard to keep THAT secret! I wanted so badly to call him and say that I just talked to you! I'm happy for you, Margaret!

5:48am • #7
137,376 Points 62 Featured Posts Outside Blog

 Margaret... thanks for the kind words but you're being too modest and  leaving out a very important detail, it was you, me and Peg (Margaret's friend & publisher) that made this happen.

 If everyone I worked with was so clear, easy to communicate with while at the same time giving me freedom to do my thing, life would be a lot easier.

 Maybe your next book (I'm sure there will be more) should be titled The Power Type E's! Thanks again for asking me to work on this project with you. It was easy, fun and a priviledge!

9:17am • #8
356,210 Points 38 Featured Posts Localism Sponsor Outside Blog

Kristal, What an honor to be on a panel with you. Meeting you in Pittsburgh and again in DC this past week, gave me chance to get to know a bit more about you. You are a terrific person. Thanks for bringing Larry and Fran to dinner.

Linda, No need for you to be insanely jealous! Thanks for signing up for the book.....I really enjoyed talking with you today.Yes I am lucky to have the talent and professionalism of Marti Thanks for all the good wishes. I love the look of your blog header.

Chris,You are so right about this being a dynamic group. I would never say something is a waste of time when others are using it. KK was keeping up with the good and bad sessions at NAR using Twitter.

Joeann, I loved watching you in action. Thanks for inviting me to participate and thanks for the signed copy of the book. Hope you enjoyed some R & R in Ocean City.

Marti, You are such a pleasure to work with. I am so fortunate to have found you!

 

7:20pm • #9
MAY
25
2008
267,910 Points 18 Featured Posts Outside Blog

Margaret - thanks for the NAR / WCR insights - will you be coming to Orlando in November? I am planning to go and hope to meet some of my cyber friends in public :) 

9:47pm • #10
356,210 Points 38 Featured Posts Localism Sponsor Outside Blog

Cyndee, Thanks for stopping by. Orlando in November sounds like a good idea

10:13pm • #11
150,501 Points 6 Featured Posts Outside Blog

WCR is a great organization. A little smaller than the general membership, a great way to make contacts and relationships. We had a group attend. I am the token male member of the Chattanooga WCR board.

11:04pm • #12
356,210 Points 38 Featured Posts Localism Sponsor Outside Blog

Richard, I think Chattanooga is lucky to have you as a WCR member.

11:41pm • #13

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Margaret Rome-- HomeRome Realty Baltimore, Md.

Baltimore, MD

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Author:Real Estate the Rome Way 410-530-2400

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