Coldwell Banker's new look won't help. Million Dollar Year day 5.

By
Real Estate Agent with YourStories Realty Group powered by Castles Unlimited® MA# 9517963

Coldwell Banker Logo Coldwell Banker's new look won't help. Million Dollar Year day 5. Every day we are seeing moves in the real estate industry. This move is an attempt for this aging franchise to stay relevant. We will see how it plays out for them.  For me and for so many working agents I think we don't really care about the logo, we care about the splits, the support, the technology and the return to us the compensation for our efforts. Franchise brands want to build themselves up and regularly talk about how they are the number one in this category or the next.  Often you hear of an agent spouting off the marketing marvels fed to them by their franchise.

RE/MAX Saying you are number one does not mean you are, it means you have found a way to position your results this way. Switching for a moment here to what the consumer wants and knows. Consumers don't care as much as you might expect about the brand, they care about the agent serving their needs. It is the individual who understands and can guide the family through this complex, and at times overwhelming, process of buying and selling properties. Franchises look to stay relevant so they can attract good agents to reap a portion of their commission.

The real estate industry is changing and this is inevitable. Where does that put you as the agent. Are you paying attention to your own business?  All agents are independent contractors with the ability to take their license to another office.  Don't agents want to be in a system that pays them the most, that supports

them where they need and doesn't demand their hard earned dollars to build up the franchise brand forsaking the build of the infrastructure for the agents success.  These are the thoughts that concerned me as I contemplated these changes. What do you think? Coldwell Banker's new look won't help. Million Dollar Year day 5

Posted by

Larry Lawfer, Realtor®YourStories Realty, It's all about you,

Larry Lawfer

Partner

Realtor®, Director of Marketing

YourStories Realty Group powered by Castles Unlimited®

837 Beacon St

Newton, MA 02459

larry@yourstoriesrealty.com, 617-774-8292

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Rainmaker
3,362,419
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Larry. Different strokes for different folks! The balloon does not work for everyone! Enjoy your day!

Mar 23, 2019 06:09 AM #1
Rainmaker
3,209,316
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Seriously, Larry?  If you weren't associated with Keller Williams I might take your comments more seriously. Somehow, I feel that writing disparaging remarks about other brokerages is not playing cricket. 

Mar 23, 2019 06:14 AM #2
Rainmaker
2,992,901
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Larry.

All of the different companies have their good and bad points.  All I know is that the company I am working for, works for me.  I understand it is not for everyone.  I do agree the client hires the agent, they don't care who they work for.  The object is to either sell their home or find one.  

Mar 23, 2019 06:54 AM #3
Rainmaker
1,210,779
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

The new branding looks like a cross between the RE/MAX balloon and the Century 21 logo.

Mar 23, 2019 07:23 AM #4
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