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Marketing Winners, Losers and the Future: Observations by Endre Barath

By
Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

This Post is written to be submitted for an Active Rain Challenge sponsored by our friend Jeff Dowler      who asked us to share  our   Marketing Winners, Losers, and the Future: So with that said!

The Losers:

Most savvy Realtors understand, unfortunately there are many opportunities for Realtors to be taken advantage of, via Marketing Silver Bullets by unscrupulous Scammers. I could write a book about them and it would bogle your mind, if you were not privy to some or all these scams. Then there are more subtle ways of taking Realtor’s money.

Just to give you a background: I was marketing a very expensive large parcel of land in the coveted 90210 zip code. Hence, I had advertisements in numerous Luxury Publications. The demographics of the target readership consisted of high net worth individuals… This of course exposed me to many different marketers who were reaching out to me. It also allowed me to do some self-marketing as well. The purpose of course was to generate future business from ultra-luxury buyers as well as ultra-luxury sellers in Beverly Hills and the Globe.

www.endrebarath.com

This particular, Magazine Advertisement person claimed, that they would place their magazines in Private Country Clubs in the greater Los Angeles in turn I would reap the benefit of the exposure. Well it turned out, they publish these nice magazines, but did not deliver them to the Country Clubs. Instead they deliver them to their target market, the unsuspecting Realtors, who see other Realtors advertising in their fake magazines. Thanks to a vigilant Realtor and American Express, it became only a time loss and lost opportunity costs.

www.endrebarath.com

The Winners:

There are many winning opportunities in marketing, but we are too busy to talk or write about them. In my experience one of the most productive marketing strategy I have had in the past ten years, has been my single-minded focus on being on every internet platform. How did I achieve this? I joined Active Rain and started reading, followed by commenting and ultimately writing a blog. Over time, I have found my “voice”.

I made sure that, I had my profile on all the other platforms such as Google+, LinkedIn, Twitter, FB and the list goes on and on. When, I write my post on Active Rain, in turn I syndicate it out to all the other platforms. What does it cost me: a great deal of my personal time i.e.: no time to watch TV, limited time to read books and the list goes on? Some might say, but it is free, well I disagree with that analysis, ‘Time’ is the most valuable commodity we have. As we get older, I am sure many of us would be willing to pay “for extra time on this earth”, but indeed it is “technically free”!

http://activerain.com/profile/endre

The results: I have had more International buyers and sellers than most people could imagine. Indeed, they have purchased or sold properties and I represented them in their transactions. How did they find me? They found me through Mr. Google. Go ahead, I challenge you to put my name in a Google Search: Endre Barath and see where I pop up.

The proof of my results is clear:  every year I am listed somewhere in the top 4-10% of all Berkshire Hathaway Realtors Nationwide as a direct result of my Internet Marketing.

The Future:  I have been quietly working on another tool, but that is To Be Announced later, primarily since I am not sure, if it will be a Winner or a Loser at the current time it looks like it could go either way. In the meantime, one thing I plan on doing in 2018, is to use all the Berkshire Hathaway Marketing Tools that have been available to me all this time at no cost and I have been meaning to implement them….

www.endrebarath.com

Keeping in mind, the excuses are many, but the reality is when things are working we tend to stick to the tried and tested material which has generated great results. Hence any new tool is to augment rather than replace what is already working.

If you are looking for a focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I contribute a portion of my commission to local animal rescue organizations.

 

 

Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It seems like there are a million companies out there that have the same stuff, promise the world and never deliver anything.  For that reason, I tell them all that I am not interested, haha.

Feb 11, 2018 05:13 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

As a former media director and marketing agency owner I do not beiieve most magazines serve this industry well...most especially in a sellers' market...lead times toooo long....we too have a new "future" and time will tell !---

Feb 11, 2018 06:01 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Well the luxury magazine spread looks good on you. Sorry it didn't translate into business though.  Thanks for sharing your successes too - it will be interesting to see what new tool you're hinting of using. Ya big tease. :) 

Feb 11, 2018 07:44 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Your statement that we don't want to veer away from what is working is very true, and we do need to augment what we do as you never know when the tilt will come and the old way is no longer effective. We always need to be measuring what works and what doesn't.

Feb 11, 2018 08:16 AM
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

Hi Endre Barath, Jr. ,  There is certainly no shortage of people looking to take advantage of the agents wanting exposure, is there?  I'm glad the scammer got caught!   And, you are so right about time... sometimes it is our biggest expense yet the best return on investment.  Thanks for the post!

Feb 11, 2018 09:10 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

There is no question that our profession is often targeted by scammers, who cannot or are unwilling to deliver on what they try to sell us.  I wish I had a perfect answer for stemming that activity.  Alas, I do not!

One thing I do believe however, is that you will always find a way to be successful!

Feb 11, 2018 03:14 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre we have to kiss a few frogs a long the way before we hit the winners.  No matter how many warts we get we have to keep on trying.

Feb 11, 2018 04:21 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Knowing what works and sticking with it, is smart business! Early in my career, after investing in some losing propositions and they did not deliver, I let them know I wanted my money back because of the deceptive tactics -and- got it. Trust but verify, always!

Feb 11, 2018 05:30 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Endre, I do not know if it was the same company you reference in this post, however, I do recall being solicited by a magazine that promised the same thing.  I may have dodged a bullet there.  

Feb 11, 2018 06:13 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS  glad I did not lose any $$$ just time and opportunity costs...Endre

Feb 11, 2018 08:01 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

James Dray  you know we are all looking for the silver bullet:)Endre

Feb 11, 2018 08:02 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita Bantwal  trying, I find all it takes is 'Hard work':))Endre

Feb 11, 2018 08:03 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Barbara Todaro  thank you coming from you means a lot, Endre

Feb 11, 2018 08:03 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Brian England  most of the time I am like you, periodically I need to try new strategies...Endre

Feb 11, 2018 08:04 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sally K. & David L. Hanson  great points, there are some magazines that are good in the Ultra Luxury Market. I was approached by a handful of buyers thanks to a luxury magazine advertisement. Endre

Feb 11, 2018 08:14 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debb Janes EcoBroker and Bernie Stea JD  this one turned out a scam but there were others that turned out well...teasing is good sometimes:)Endre

Feb 11, 2018 08:15 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nick & Trudy Vandekar, 610-203-4543  indeed we need to constantly be vigilant to see what is working, just because some things worked yesterday they could be obsolete today, Endre

Feb 12, 2018 12:04 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Carol Williams  I am sure they are still in business, and if they delivered they would have had a repeat client at least three or more times or regularly...Endre

Feb 12, 2018 12:05 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Ron and Alexandra Seigel  when I advertise in the Luxury Magazines I generally convert one or two buyers or sellers... so the ROI is huge.

In this instance,I was not motivated by the FOMO principal, I was motivated with the idea of having my name in front of multi millionaires and billionaires that belong to the local country clubs.... Endre

Feb 12, 2018 12:10 AM
Michael Eisenberg
eXp Realty - Bellingham, WA
Bellingham Real Estate Guy

Great to see your success Endre, you have. surely figured out the web and how to use it. Your time invested has given you alot in return.

Feb 22, 2018 08:33 PM