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How To Be Perceived As A Real Estate Expert - or NOT

By
Real Estate Agent with Long & Foster Real Estate, Inc.

You know what they say... "Perception is Reality."

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THINK DR. PHIL.  There's nothing magical about his advice that makes it any better than the same advice from another therapist with comparable training.  He doesn't have an exclusive lock on knowledge or experience in his field.  Yet, without ever saying "I'm an expert", Dr. Phil is perceived as more than an expert - he's often considered THE expert when it comes to family therapy.  He does this through a marketing model known as one-to-many marketing.

Long before Dr. Phil became Oprah's consultant and attained celebrity status, he offered information about family therapy to multiple consumers at one time through seminars and public speaking, promoting himself as the "go-to" guy in his field.  Then came television appearances, books, and his own daily show.  While he doesn't have any secrets or greater expertise to offer, he delivers his message differently than other therapists who meet one on one in their offices with one patient at a time.  Dr. Phil has, through his one-to-many marketing, created the perception that he is THE expert.  And you know what they say about perception...

 

free

Just for fun, let's imagine Dr. Phil trading in his therapist credentials for a real estate license.  Do you think Realtor Phil would be advertising Free Market Analysis in local newspapers or mailings, trying to generate one phone call from one prospective client at a time? Of course not!  (With all due respect to real estate trainers, that strategy is so "yesterday".)

It's very likely that Realtor Phil would apply the same marketing model that works for Dr. Phil, i.e. one-to-many marketing.  He probably would conduct home buyer and seller seminars, speak to community groups and, of course, blog on ActiveRain and elsewhere - dispensing high-quality advice to many people at one time, promoting the perception that he is THE real estate expert, without ever saying "I am an expert".

One-to-many marketing, then, is how to be perceived as a real estate expert - at least one of the ways.  Each content-rich blog you post adds to the perception that you are THE real estate expert in your market.  And "Perception is reality" in the eyes of consumers.

loser

 

P.S.  - If showcasing your expertise in a blog promotes a perception of you as a real estate expert, then blogs that are void of quality content create the OPPOSITE perception in this one-to-many marketing model.  Saying "Have a Happy July 4" in 50 words or more on a real estate blog leaves readers scratching their heads and saying NEXT AGENT, PLEASE.  You may pick up 200 points on ActiveRain, but the perception is that you have nothing of value to say about real estate, and "Perception is reality" in the eyes of consumers.

 

Please read these excellent recent posts about quality blogging

  1. What ActiveRain Can Do For All of Us,
  2. Raising the Bar on ActiveRain:  Let's Bring It Up a Notch,
    Why Are You on ActiveRain?

 

 Margaret Woda, Maryland Realtor

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This infoMargaret Wodarmation was provided to you by Margaret Woda, an Associate Broker with Long & Foster Real Estate in Crofton Maryland. Contact Margaret today for general real estate information or to learn how she can help you buy or sell a home in Annapolis, Bowie, Crofton, Davidsonville, Gambrills, and Odenton. 

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Comments (34)

Brian Block
RE/MAX Allegiance, Managing Broker/Branch Vice President - McLean, VA
Northern Virginia & D.C. Real Estate
Margaret, thanks for adding the link to our (me, Adam, and Jason) trio of articles.  You can now be our honorary "Fourth Musketeer"!  Seriously, I hope that a lot of people will read all of these posts and that the AR community will continue to be a very valuable blogging community.  
Sep 20, 2007 11:37 PM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation
Brian Block -- Northern Virginia & D.C. Real Estate  - I think I was making this connection in my head (good blogs = expert, bad blogs = loser), but I could tell from the comments that no one else did.  So first thing this morning, I added the P.S. and changed the title.  However, while I appreciate the honor, I don't think those minor afterthoughts qualify me for even honorary membership in your trio, with your full (and excellent) posts on the topic of quality blogging.
Sep 20, 2007 11:53 PM
Lee Adkins
Atlanta SOLD Sisters - Alpharetta, GA

margaret - thanks - this reminds me (loosely) of a David Knox video we learned from a little while back - he said, "you don't have to be good, you just have to be there" - OBVIOUSLY his point is still for you to ACTUALLY BE GOOD - but people certainly won't get in touch if they don't know you exist -

perfect example of Dr. Phil and the difference of being THE expert vs. AN expert -

thanks for a fresh perspective!

Sep 21, 2007 02:37 AM
Jennifer Monroe
Indigo Home Team powered by Compass - Charlotte, NC
Real Estate REALTOR®/Broker/Designer

Your point about one-to-one marketing being so 'yesterday' is right on the mark. When I saw the coupon on your post, I almost didn't read it because I thought I was getting the same old boring stuff.  Great post!!

Sep 21, 2007 02:48 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Lee Adkins RE/MAX Greater Atlanta - Roswell, GA - That's true, you have to be THERE, and it pays to be there for LOTS of people instead of one at a time.  Blogging provides a forum for doing that - we just have to generate a lot of exposure for our blogs.

Portland Oregon Real Estate Broker * Jennifer Bukaty * -  Glad you hung in there and read it.  The good news is that most of your competition won't, and they'll still be mailing to reach hundreds of people and that one potential customer.  Meanwhile, you're sitting on your couch blogging and watching CSI to accomplish the same thing.  :)

Karen Rice, Hawley | Lake Wallenpaupack |Wayne County PA Real Estate - Thanks for the compliment.  I work two counties, as well, and I still work with one profile - I just make it a point to do localism posts for both.  And posts targeted to agents really have the same effect in this one-to-many marketing strategy, because other agents are a good source of direct referrals.  Keep up the good work.

Sep 21, 2007 04:13 AM
Adam Waldman
Westcott Group Real Estate Company - Hauppauge, NY
Realtor - Long Island
MARGARET:  Just when I think that you've said something perfectly, you raise it up a notch and the bar gets higher.  I gave this a 5.  You are so right about the "Free Market Analysis."  They were useless tools to begin with and since everyone offers them, they have zero meaning now.  Yet week after week, I continue to see old-school top producers putting it in their ads and sending out the mailings.  What a waste of money.  If they were good business people, they would probably realize that their business is generated because of their reputation in the market and not because of these useless tools.  Advertising "free market analysis" is like a supermarket advertising "free circulars, please take one."  Thanks for some more of Woda's Words Of Wisdom!
Sep 21, 2007 07:17 AM
Scott Cowan
RE/MAX Professionals - Olympia, WA

Margaret- Great analogy! I agree with you. I gave your post a 5. Thanks for sharing this with all of us here on AR.

 

Best,

Scott 

Sep 21, 2007 07:25 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Adam Waldman - Long Island, NY Real Estate - Adam, that's cute... "Woda's Words of Wisdom"  That might have made a good title for my outside blog

Scott Cowan -Tacoma & Pierce County Area - Thanks for the 5.  I think that new title (adding "-or NOT") and the P.S. paragraph actually polished this off, like icing on the cake.

Sep 21, 2007 07:39 AM
Jeff R. Geoghan
Coldwell Banker Realty - Lancaster, PA
REALTOR, Marketing Manager
Great analogy, Margaret!  Can I be the "Dr. Phil" of Lancaster Real Estate?
Sep 21, 2007 08:27 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation
Jeff Geoghan MBA, - Lancaster PA Real Estate Expert - Absolutely!  Why not?  Check out Brian Blocks blogs about putting on an effective buyer or seller seminar, keep blogging, and call up some of your local talk radio hosts and offer to go on with them occasionally to talk real estate.  Who knows... maybe you'll have a weekly (or even daily) tv show before long!  Dr. Phil doesn't do anything you can't do!
Sep 21, 2007 08:37 AM
Donna Yates
BHGRE - Metro Brokers - Blue Ridge, GA
Blue Ridge Mountains
Margaret:  As always, you do not disappoint.  This is an excellent analogy and makes perfect sense.  Blogging on AR has opened a door that I never knew was there.  Your post is a good reminder to me not to get lazy or too busy to post helpful, meaningful blogs to the public.  I also read a few of your other posts and bookmarked them so I can go back tomorrow and leave comments.  You always have such great information.  You are THE Expert!
Sep 21, 2007 12:29 PM
waey wyqw
wyq34y - Dell, MT

Margaret, excellent post. You touched on a pertinent issue: quality ActiveRain blogging. The question we need to ask is, "Are we in it for the points or the leads?"

Lets keep ActiveRain relevant and uncluttered! 

Sep 21, 2007 02:02 PM
. .
no thanks - Harlem, MT
I like "Woda's Words of Wisdom" too, very catchy. Margaret, your post makes so much sense and is timely because new marketing tools and the use of personal branding are changing the playing field. Work smarter, not harder! One-to-many marketing does just that.
Sep 21, 2007 03:47 PM
Kendall E. Matthews
Keller Williams Realty - Mesa, AZ
Thank you for giving me something to ponder. 
Sep 22, 2007 02:34 PM
Julie Neerings~Lifting Hearts ♥ Building Dreams~
Agent Referral - Salt Lake City, UT
Boy is that something to think about.  You seem to really keep it all in check for us.  Thank you! 
Sep 23, 2007 05:40 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!
Margaret- WOW, is all I can say along with another 5 stars. I am so amazed at your last 5 posts! Such great content! Did you think of all of these while you were sitting at your daughter's bedside? Katerina
Sep 23, 2007 06:35 AM
delete account
Clayton, MO
Hi Margaret! I love the comparisons in this blog. I do write some content rich articles, but I also have some fun with videos and recipes, etc. It can be a great platform for getting a name as an expert if done correctly. :)
Sep 23, 2007 07:37 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Julie Neerings, GRI Utah Real Estate - It's funny how these things come to you sometimes.  I did not wake up in the morning and think "let's write about one-to-many marketing today."

Kendall E. Matthews - Maybe it will inspire you to greatness....

Troy Duncan - Glad you agree with this, Troy.  Some ActiveRain bloggers just don't "get" it - even when someone hits them over the head with it and says "Hey, you, you're personally responsible for pulling down the perception of quality real estate advice on this site."

North Georgia Mountains Real Estate, Donna Yates, Realtor Blue Ridge - Thank you, that's the nicest thing anyone every said to me.  Now... if I can just convince more consumers in my neighborhood that I'm THE expert...

Sep 23, 2007 11:24 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Margaret, Great concept. I've been thinking about "seminars" as a lead generating source, but your idea of perception of "expert" is really interesting. Thank you.

BTW I've subscribed to your blog so as not to miss any more of your gems.


Bill Roberts

Sep 24, 2007 07:45 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Nestor and Katerina Gasset Wellington Florida Luxury Homes - You're a regular star-machine!  Thank you.  This blog really came together after I read Adam's, Brian's, and Jason's blogs about quality blog-content and I added that last paragraph to round out what I'd already written about one-to-many marketing.

Pamela Williamson St.Louis, Missouri Real Estate - I just recently discovered you and your posts, and I agree you do write great content-rich articles.  Then you have some marvelous videos, recipes and other things that enrich the vision of who you are. 'So glad to know you and learn from you.

Bill Roberts - "Baby Boomer" Retirement Planning - Thanks for subscribing to my blogs - I feel very privileged!  There are some retirement planners in our area who do seminars and some who do weekly local radio shows.  That's how we chose our retirement advisor, so obviously it works.

Sep 24, 2007 07:46 AM