So I picked up on an interesting thread on Twitter today by Nick Bostic over at Agent Genius.  He had written a very interesting post on Loyalty that I ended up commenting (ok... ranting) on, but it really made me think and do some serious Soul Searching.

Read the Full Post Here

The post wasn't overly eloquent... well written... or one of Nick's best (No offense, I think he's a great blogger and really enjoy reading his columns over at Agent Genius) but something about it really stood out and made me think.  And most of all, it made me ask (and comment) on the question that follows:

"Do You Deserve Customer Loyalty... Ask Yourself Why?"

Below is the comment I wrote on the post.

"Nick,

Where I totally agree that there is rampant (what I call) follow-the-shiny-object loyalty out there, I think that one has to ask themself the question at the same time: “What have I done in the past, and currently, to deserve the loyalty of my consumer/client?” I worked in Real estate recruiting for a very long time, and if ever wanted to see a bigger lack of loyalty, that was it. Pay me a bigger split? You’re going to feed me leads? I’m yours.

But what is different now… is that the consumer, and the agent in that matter, has the right to question that relationship and in turn question their loyalty. As an agent (or other provider) have I :

- Worked in the best interest of my clients throughout the transaction?

- Followed up with them about changes or improvements they wanted to make to their house and provided referrals? - Assisted them with movers, tax exemption information, etc?

- Sent them a RESPA for tax purposes at the end of the year?

- Updated them on recent sales in the neighborhood that effect their eventual resale value?

- Not only SENT them, but sat down with them on a yearly basis to go over a CMA of their property?

-Called them with the recent headlines and helped them make sense of it all?

- Sat down with them to differentiate National real estate headlines from Local real estate market conditions? - Made recommendations on how to enjoy their neighborhood, schools, parks, etc?

- Overlooked my greed and advised clients that don’t need to sell right now to sit tight if it’s in their best interest?

- And lastly, if my clients ARE in financial straits and facing Foreclosure, have I come to their aid and helped them?

That… would cause me to be LOYAL. Heck, probably half of those things would probably cause me to be loyal. But in this market, and in this day and age, I think we all can admit that the bar has been raise. The question becomes, has the REALTOR we used to BUY the home, raised their game along with it."

Let me know your thoughts here... and if you deserve your customer's loyalty... I'd like to welcome you to learn, share and collaborate on My Facebook Group and at my blog www.TheYouFactor.com.

 

 
Post is included in group: The Art Of Marketing You
Post is included in group: Realtors®
Post is included in group: It's all about them (ThemThem)
Post is included in group: Coaching and Mentoring
Post is included in group: ABC's of Real Estate Marketing

9 Comments on Do You Deserve Customer Loyalty? Ask Yourself Why...

JAN
22
5 Featured Posts

Wow, that is some serious weirdness in the pictures you have posted.

11:07pm • #1
2 Featured Posts

Glad you got the point of the post Steven.

11:08pm • #2
1 Featured Post Localism Sponsor

It's all about bringing value not only when they are ready to list, buy or apply, but as their realtor or mortgage consultant for life.........working the database all the time. Before, during and after the close.  And you end up with LOYATLY.

11:24pm • #3
Localism Sponsor

It's all about customer service! People have come to expect it in all areas, but they especially deserve it when it comes to the biggest financial commitment they may ever make.

11:36pm • #4
2 Featured Posts

Excellent comment Colleen.  You hit the nail on the head.  Congrats.

 

11:54pm • #5
JAN
23
110,423 Points 4 Featured Posts Outside Blog Hit Router

building relationships for life is loyalty.  If I do a good enough job whether it be the beginning end middle (which it should be all) and remain their source for the community as well.  A well known face for them in front of them, giving them an added value service (my commitment to them as well) - what goes around comes around... You reap what you sow. 

12:01am • #6
225,164 Points 1 Featured Post

If I focus on the the service, not the outcome, somehow the outcome is always what I need

7:44am • #7
JAN
24
1 Featured Post Localism Sponsor

Hi Matthew,

I follow many of your insights, the only problem is I've only been in the business just short of a year, so I'm not really known in the Saint John, New Brunswick area yet, but it's starting to change on a monthly basis.

                    ;>)

3:52pm • #8
FEB
05
249,168 Points 1 Featured Post

Great post and right on the money. Thanks for the insight.

3:21pm • #9

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Matthew Dollinger

Chicago, IL

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