Are You A Jack of All Trades, & Master of None?

By
Services for Real Estate Pros with Napa Consultants

The NUMBER ONE mistake that luxury real estate marketing professionals make is trying to be all things to all people.  We understand that it is challenging to narrow your focus and concentrate on just one niche.   The trick is discovering the right niche for you, the one that has the potential to provide the financial return you want if you were to give it your 100% undivided attention.

 

Number One Narketing Mistake from The Language of Luxury on Vimeo.

Watch this 2-minute video and learn how being a Jack-of-All-Trades is the biggest marketing mistake. Being a generalist vs. a specialist is the most common marketing trap.

 

 

Posted by

Written by Ron & Alexandra Seigel-

 

CAN YOU STATE HOW YOU ARE DIFFERENT AND BETTER THAN YOUR COMPETITION IN LESS THAN 30 SECONDS?

 

ABOUT:  Luxury Real Estate is a high stakes game. Commissions are substantial! We help luxury real estate professionals get to the listing table more often and win listings more frequently.  If you want to be the market leader, the personal or company brand that your target market thinks of first and refers most often, you need an Elevator Statement to accelerate the process.  We can get you there!

Your Elevator Statement is a succinct and persuasive summary of your extraordinary promise of value, your unique selling proposition.  In a time-starved world the attention span of your target market is shrinking.  To instantly convey what sets you apart from the crowd you need to be able to answer EACH ONE of these 3 questions in less than 30 seconds.: 1) What Do You Do?; 2)  How Do You Do It?, and;  3) How Are You Different?.  Can you state how you are different and better than your competition in less than 30 seconds?

Watch the video above to see and hear how we do it. 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Marte Cliff 06/09/2018 03:28 PM
Topic:
Real Estate Best Practices
Groups:
Luxury Real Estate
Luxury Home Agents
YouTube Thursdays
Old Farts Club

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Rainmaker
1,294,231
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

I think, not just in the luxury market...but any market. Be the expert of your area of choice.

Jun 07, 2018 10:49 AM #9
Rainmaker
3,733,758
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Jeffrey DiMuria 321.223.6253 Waves Realty it works in every field for real estate residential, industrial, etc.  It can be a certain neighborhood, so many niches and so many opportunites to create niches. A

Jun 07, 2018 11:13 AM #10
Rainmaker
643,303
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Hi Alexandra you must be talking about me. Pick one? It is way too hard to decide.

BTW is that your button box?

Bill Roberts

Jun 07, 2018 01:00 PM #11
Rainmaker
1,407,716
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Ron and Alexandra Seigel Everyone is in my office today so I will have to watch the video later do like the information you give in your blogs!

Jun 07, 2018 02:23 PM #12
Rainmaker
865,997
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Nice video and some great examples using Carrie Underwood and Barbara Streisand. Ron is great in his narration. 

Jun 07, 2018 05:35 PM #13
Ambassador
2,713,044
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I have always thought this to be true Alexandra. Your video just proves my point.....

Jun 07, 2018 05:59 PM #14
Rainmaker
2,441,989
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Ron and Alexandra.

I used your first two videos on this subject in our training session Wednesday.  this one will be aired again on the 20th.  Thanks

Jun 08, 2018 02:02 AM #15
Rainmaker
347,192
John Wiley
Right Move Real Estate Group- EXP Realty - Fort Myers, FL
Lee County, FL Real Estate GRI, SRES,GREEN,PSA

What a well done video. It clearly defined a niche and the concept was well illustrated with examples.

In real estate, there are so many who take the jack of all trades path and end up getting lost in the masses.

Thanks for sharing.

Jun 08, 2018 03:54 AM #16
Ambassador
1,366,673
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Years ago I went completely all in on investment real estate. I knew what I liked and what I didn't like and I wanted to be fully invested in time and knowledge. Not all markets are conducive to this but when I teach i tell even small town agents that they need to know something cold and be able to say no one is better.

Jun 08, 2018 05:41 AM #17
Rainer
45,869
Karen Graves
Artistic Home Staging - Edmond, OK
Certified Home Stager/ReDesigner in the OKC area

Great video and even better information!  As a property stylist and stager, I am part of the team for a  numbe of different agents.  I always encourage the agents I meet to use a team of professionals to help them with things that are out of their area of expertise so they can  focus on what they do best-selling houses!  I find it is a challenge for some of them to let go of a little control, spend a few dollars and let us help them.  When you take a look at the most successful, most recognized and most specialized agents, they always have a team surrounding them to help.  Thanks for your great post and for the wise words!

Jun 08, 2018 06:48 AM #18
Rainmaker
3,733,758
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bill Roberts No, it is not.  Thank you for your comment.  A

Jun 08, 2018 07:09 AM #19
Rainmaker
1,613,777
Lottie Kendall
Pacific Union International - San Francisco, CA
Serving San Francisco and the Silicon Valley

Great message, and great video. 

Jun 08, 2018 07:39 AM #20
Rainer
140,303
Theresa Akin
CORPUS CHRISTI REALTY GROUP - Corpus Christi, TX

In the beginning of my career, I handled to commercial transaction representing the buyers eventhough I wanted to refer them. Broker said you can do it. I needed the experience. I was so stressed with only 2 years in, maybe not that much. Moved onto another brokerage after couple years for other reasons but chose to refer. It just wasn't me. You always do better with what you know. Trying to be a "Jack of All Trades" can turn you into an absolute "Master of None" to the point you can't be a "Jack of just one"

 

Jun 08, 2018 10:15 AM #21
Ambassador
3,309,563
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Ron and Alexandra- in what seems like centuries ago, I was an agent for one year (mid-80s) I will never forget one of the last sales I had where I represented the buyer. The listing agent specialized in new home builders in a large community only. I remember thinking that if I were going to stay in real estate, I was going to specialize so that I would know everything I could about what I was selling. 

Jun 08, 2018 10:21 AM #22
Rainmaker
3,733,758
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

James Dray One of these days, perhaps the Fathom Group will invite us to speak at one of your conferences, or perhaps we may find ourselves working near your neck of the woods in Arkansas.  A

Jun 08, 2018 12:26 PM #23
Ambassador
1,295,883
Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-755-2905

I wrote a post about this many years ago. Yup. I think I called it a Jack of All Trades or a Master of One. It's all about the niche, baby!

Jun 08, 2018 08:52 PM #24
Rainmaker
3,733,758
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Gayle Rich-Boxman Fishhawk Lake Real Estate it is common sense after all, and common sense is something we all need to be reminded off in the midst of all the inovations that pop up every other minute.  A

Jun 08, 2018 09:50 PM #25
Ambassador
3,587,799
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Love the points made in you post, and in the video. Trying to be a Jack of all Trades can be a problem in any business!

Jun 09, 2018 10:00 AM #26
Rainmaker
1,389,588
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
your real estate writer

I write about this topic every now and then, trying to convince agents that choosing a niche is the smart thing to do. So many are afraid that if they do, they'll "miss out" on business. I've written bios for new agents who want to say "their territory" is their entire state!

All we can do is keep saying it over again in hopes that we're helping a few to become successful.

Jun 09, 2018 03:24 PM #27
Rainmaker
4,610,220
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Thank you very much for sharing your experience and your advice.

Jun 10, 2018 06:54 AM #28
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