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High Touch Equals High Trust!

By
Services for Real Estate Pros with Napa Consultants DRE00893924

We have always been proponents of high touch.  High touch equals high trust.

 

Early in our commercial real estate career in Beverly Hills, California we developed a high touch system with our listing clients and our buyer clients. We were one of the first real estate firms to use computers throughout our entire organization. We bought ACT (considered the best at the time) as our customer relationship management software to help us manage our time and stay consistently in touch with our clients.  

 

ACT replaced our tickler file system. But, we knew it could not replace us.  We knew we still had to have face time and phone time with our clients.  When we took on a new listing, whether it was a sales listing or a leasing assignment in an office building or retail project, we sat down with our clients and discussed their preferred way to communicate, the best time to reach them, etc. 

 

We also produced a report each week for each listing.  We kept track of all the showings, the cooperating agents, and their client’s names.  We also discussed our follow up and the likelihood of getting a purchase offer or signing up prospective tenants. This included our suggestions for improvements in our weekly face-to-face meetings with our exclusive listing clients.

 

On the sales listings of commercial building, many of our sellers wanted to hear what happened at each showing, and we would call them after each showing. When an offer came, we moved at lightning speed to present and write the counter. We kept everyone in the loop, agents, attorneys, title, escrow, etc.  Everyone stayed informed throughout the whole process.

 

Today, as brand strategists for the luxury real estate industry, our clients are luxury real estate firms and agents.  We maintain the same high touch mindset. We always travel to our client’s marketplace, anywhere in the world, and spend at least a day with them.

 

In developing a brand strategy we produce a logo, a brand position statement, a brand identity statement, a marketing strategy, and a website. We use the online collaborative workspace of BASECAMP to coordinate the project. Everyone is actively involved with us on each project: our web developer, our SEO expert, our graphic designer, and our clients.

 

We talk to everyone at least once a week, and more often as we decide on the final version of various items.  High touch equals high trust.

Written by Ron & Alexandra Seigel-

ABOUT:  Napa Consultants, International is the leader in brand strategy for the luxury real estate industry.  They work exclusively with professionals who are passionate about gaining or sustaining market leadership. With an expertise in personal branding, company branding, luxury real estate website design and social media marketing they help their clients become the breakaway brand in their marketplace.

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WE SPECIALIZE IN
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                         Ron & Alexandra Seigel, Managing Partners

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                   If Gaining or Sustaining Market Leadership is Your Quest, we can help!

 

Comments (44)

Rose O'Reilly Sievers,CRS,SRES
Carlsbad, CA

Hi Ron and Alexandra:  Very cute dog.  Never thought of getting my little daschund to give me a high five.  He is in doggie Heaven for over a year now.

Great post.  You guys know how to do it right.

Oct 01, 2015 09:24 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Rose O'Reilly Sievers,CRS,SRES Thanks for the kind words.  Dogs are wonderful companions as are other creatures.  I think they keep us sane.  A

Oct 01, 2015 09:30 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

You have to know your client and what they expect and even surpass that by a degree or two. I have no doubt that you do an excellent job of staying in touch.

Oct 01, 2015 11:40 PM
Lisa Friedman
Great American Dream Realty - Essex, VT
35 Years of Real Estate Experience!

Hig touch defiitely equals higher trust. I love the photo you chose for this post!

Oct 01, 2015 11:50 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Richfuscious say...when reaching for touch...go high

Oct 01, 2015 11:56 PM
Shirley Coomer
Keller Williams Realty Sonoran Living - Phoenix, AZ
Realtor, Keller Williams Realty, Phoenix Az

Ron and Alexandra, great post that really touches on the difference between professionals.  As Realtors we are paid for a service and that includes many facets to include pricing, pictures, marketing,  negotiation AND excellent communication.  There are so many moving parts to a transaction that our clients often don't know what we are doing. Not only does our communication show them we are working hard for them, it shares the load with them.  Sellers truly want to know what buyers think of their home.  They need validation their home is as great as they think it is, or  feedback from buyers that can help at the next showing.

Oct 01, 2015 11:59 PM
Bruce Kunz
C21 Solid Gold Realty, Brick, NJ, 732-920-2100 - Howell, NJ
REALTOR®, Brick & Howell NJ Homes for Sale

Great post, Ron and Alexandra Seigel !  You've definitely got a great program in place. Communication certainly is the key to trust & success. Well done.
Thank you for sharing
Bruce

 

Oct 02, 2015 12:20 AM
Fred Cope
Reliant Realty in Nashville, TN - Nashville, TN
Looking For Homes With A Smile

Ron and Alexandra, I remember ACT. We used it in our mortgage operation. It helped management very much in tracking file status, documentation review, etc

As an independent mortgage loan officer of the day, my job was taking application, prequalification, co-ordinator of all activity around that transaction. I worked with, communicated with all participants involved in MY files. Each loan officer did his own thing, and I was fortunate to have a dedicated loan processor. That would be dedication to the second power. She was exclusive to my files, and she was committed. We began each work day together, prioritizing, mapping, and coordinating. We functioned around a TARGET DATE. I had a big rubber stamp bullseye on the cover of each file, and we worked to a date that was the earlier of two weeks from date of application or two weeks before contract closing date. There were times when we had less than one week to put that file in the underwriter's hands. That was our version of ACT, and it built my reputation as a loan officer. I now do the same thing as a REALTOR®. With the new TRID rules, I see it as a headstart. Just wish I could afford to steal my processor away from her current job.

Oct 02, 2015 01:39 AM
Eileen Burns 954.483.3912
Trans State Commercial Realty Inc. - Fort Lauderdale, FL
FLorida Real Estate Connector

Hi Ron and Alexandra, 

I also used ACT back in the day and because of my participation in Mastermind marketing groups, I also know about BASECAMP.  It is noted, communication with clients/customers is not always about business and should include social aspects.  Nothing compares to a face-to-face meeting with the Principal.  We appreciate your contributions to the AR community

 

Oct 02, 2015 01:55 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Alexandra and Ron - high touch and high tech... a formula for success. I find increasingly clients want both. And it's important to know which clients prefer more high tech to the touch or more touch to the tech.

Oct 02, 2015 04:43 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Interestingly, the touch can be as simple as property updates. I met a buyer in 2008 at an open house. Their house was on the market in another state and they knew it would be a long time to sell. Three years later, she called. Her home had sold. She said I was one of many agents she'd met at an open house. All the agents had taken her name, number and email. I was the only agent who reached out to her consistently with new listings. Given that, I was the one to get her business. I didn't do anything exceptional. I set her up to receive auto-notifications of new listings meeting her criteria for the entire three years. That was all I needed to do to get the business. That's why having a website that sends property updates is so important to our continued success.

Oct 02, 2015 05:43 AM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

You've found the winning way to earning trust - touch!

Oct 02, 2015 05:47 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Ron and Alexandra - Keeping in touch with your clients, or potential clients, on a consistent basis is a great way to build trust. Thanks for sharing this post.

Oct 02, 2015 06:09 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Ron and Alexandra Seigel I'd say, way to go!

Keeping in touch with the client - specially face-to-face - is the best contact method.

And yes, when you can talk to them eye-to-eye, trust level is the highest.

(And this is true for ANY business, any market!)

Oct 02, 2015 12:38 PM
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

I totally agree. It just takes a small amount of effort and organization to keep in touch. 

Oct 04, 2015 01:59 AM
Frank Castaldini
Compass - San Francisco, CA
Realtor - Homes for Sale in San Francisco

I know high touch wins in all markets.  Yet in the high end market it is essential. And done correctly one can garner advocaes who sing your praises to their friends and associates.

Oct 04, 2015 05:04 AM
Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Idaho Real Estate Expert

Thank you for sharing this, it is always so enlightening to get a glimpse of the processes others follow.  

Oct 04, 2015 12:26 PM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Automated e-mails are great, but personal calls are very important.  

Oct 05, 2015 07:24 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Your high touch system is established and serves your clients well

Oct 09, 2015 12:27 PM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Well done!  Kudos to you for doing it right the first time and with repeat contact your clients are sure to come back and refer you!

Oct 13, 2015 05:17 AM