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Why should I invite my "competition" to Activerain?

By
Real Estate Broker/Owner with Carousel Realty of Dyer County Tn 248435000

After inviting my friend Jimmy Cooper(competitor of mine in Dyersburg) to Activerain, I asked myself the question, "Why did I invite my competition to Activerain"?

Many of you here are asking this same question. Here are a few reasons I invited Jimmy.

First of all, there is enough business to go around. I have so much business now I cannot get it all done. If I could devote more quality time to each client the results could be much better.

Secondly, Jimmy is not my real competition! Who is your real competition in your market? I suggest to you that the FSBO's are your real competition. You are working with a good customer or client(good reason for you to be their buyer's agent) and the next thing you know they have contracted with a FSBO. I strongly encourage my agents to get the buyers agent contract signed with their clients. Most people want us to be committed to them so why not ask for that same commitment from them!

Thirdly, all deals should be a win/win and what better way to have that happen than when two "professional Realtors" are involved! I invite my competition here to learn how to be a more professional Realtor. I am in awe of all the professional Realtors here teaching us how to mimic them! Thank-you for helping to develop "me" into a professional Realtor.

Fourthly, technology is evolving so fast that even if the agents jump into Activerain right now, the learning curve is so great that they possible never will catch up with you.

Get out there and invite, invite and invite others to Activerain, even your competition!

Comments (7)

Tony Grego, 317-663-4173 #1 Trade Association for Alternative Inv
REISA - 317-663-4173 - Indianapolis, IN

Like Vince Lombardi said, I will give my competition my playbook. Does not mean they can excute.

I have invited co-workers and other brokers. We can all learn

Good Post

Tony

Mar 26, 2008 02:51 AM
Alan Brown
Coldwell Banker Realty - Davenport, FL
32 Years of Real Estate Experience .
Good post. I have wondered that myself. I have invited other agents from other companies to join AR to this point none of them have taken up the opportunity, not sure why but their loss.
Mar 26, 2008 02:54 AM
Renae Bolton
Marketing 4 Realtors - Garfield Heights, OH
I'm your Professional Real Estate Marketing VA!

You are absolutely correct!  I keep inviting other Virtual Assistants here but it seems most do not invest the time they need to in order to really take advantage of what we have here.  In any event, the whole goal is to make the industry as a whole more professional and where better to do that than right here?  Gotta luv it!

~Renae

Mar 26, 2008 03:08 AM
Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

Tony, Alan, and Renae,

Thanks for your input, I appreciate your comments!

Mar 26, 2008 04:09 AM
Broker Nick
South Florida Real Estate & Development, Inc. - Coconut Creek, FL
Broker Nick Relocation Broker Service

Mike: I am of the persuation to invite as many as would dare to join and learn. I have invited about fifty agents, only about 15 actually joined. They are missing out and more fo us.

I enjoyed hearing that you encourage your buyer's agent to get the buyer's agent contract signed by the buyer's before you take them out. if you are going to commit your time and effort, and now money, did anyone see the price of gas lately?, they must commit to you as a buyer's agent exclusively.

Then you can successfully negoiate with a FSBO without fear, baecause the buyer is comitted to you, and will have to pay your commission if he decides to exclude you out of the deal.

Great post.

Mar 26, 2008 09:30 AM
Vickie McCartney
Maverick Realty - Owensboro, KY
Broker, Real Estate Agent Owensboro KY
Mike, I have invited my entire office and shared my experiences with most of them.  I guess I will have to keep nudging them!  They are the ones missing out.
Mar 27, 2008 03:22 AM
Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

Nicholas and Vickie,

Thank-you for your comments and stopping by. I value both of your friendships very much!

Mar 28, 2008 03:14 AM