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Ask An Ambassador: Venn Will You Learn?

By
Real Estate Agent with Transaction Alliance 513.520.5305 www.LizTour.com SAL.2002007747

Back in the late 1800s John Venn created a way to show relationships between data sets, and while we might not remember his first name, the term Venn diagram lives on with anyone who likes to analyze.

Cliff Notes version, you can label data sets by a category or characteristic, and organize the data sets using circles.  If you have an overlap between circles, that overlap area is common ground to both (or more) categories.

For instance, you COULD use a Venn Diagram (or similar) to select a niche for real estate.

Data is available for sales prices.

Data is available for how many homes sell.

Data is available for how quickly homes sell.

Data is available for what types of homes sell.

So where is the overlap with the type of home you most enjoy selling, that sell with sufficient volume and price point to provide you a steady income?

For us personally, developing a niche in patio homes/condos meets the requirements:  experienced buyer with good financing spending more than the area median price and looking for an agent with the expertise to help them.

When it comes to ActiveRain, understanding how the community works can help you succeed.

You have people who comment, and people who don't.

You have people who agree with you, and people who don't.

For the most part, people don't come to ActiveRain for conflict.  We want to learn, have some fun with other real estate pros, attract some consumers for business. 

My experience is that many more people look than participate, so if you're getting a comment, it's either someone who agrees with you, or someone who disagrees with you so strongly that they've JUST GOT TO LET YOU KNOW HOW WRONG YOU ARE!! (feeling a Facebook vibe??)

Chances are unless you go well beyond the community guidelines, no one is likely to tell you you're acting like the south end of a northbound donkey.  They're going to make a mental note and keep scrolling. 

Comments and posts have a lasting effect, deleting them is no guarantee that they'll be forgotten.

Until next Tuesday, just Ask An Ambassador if you need help,

Bill & Liz aka BLiz

Posted by

Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of Transaction Alliance
Elizabeth Spear, ABR, Ohio License SAL.2002007747

William (Bill) Spear, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

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Comments(18)

Michael Elliott
Fathom Realty - Burlington Township, NJ
Burlington, New Jersey Residential Sales

I could disagree with you, but then I would be wrong.  Great post.

Jul 02, 2024 11:59 AM
Kat Palmiotti

But maybe you and Bill/Liz could meet in the middle somewhere Michael Elliott !!

Jul 02, 2024 01:44 PM
Liz and Bill Spear

Kat Palmiotti , you calling me a moderate???  Them might be fightin' words :)

Michael Elliott , I know I'm not always right, my spouse reminds me :)

Jul 02, 2024 03:02 PM
Kat Palmiotti

Hahahaha, no, I wasn't calling you a moderate Liz and Bill Spear. I was referring to the Venn diagram.

Jul 03, 2024 04:37 AM
Liz and Bill Spear

Kat Palmiotti , I've been preconditioned by Facebook :)  The overlap zones, perhaps that could happen!

Jul 03, 2024 06:26 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information. Thanks for sharing and enjoy your week!

Bill Salvatore, Realtor- Arizona Elite Properties

Jul 02, 2024 12:35 PM
Liz and Bill Spear

It's a good week so far!

Jul 02, 2024 03:02 PM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

I had to laugh out loud about the south end of the north bound donkey reference!  There have been a few of those type of comments (folks) over all these years in the rain and you know what - they don't last very long. My guess is they go off on paths that is more suited for donkeys!  

As for Venn diagrams, I've never connected them to real estate but that makes total sense to do so. 

 

Featured in BananaTude

 

Jul 02, 2024 01:30 PM
Liz and Bill Spear

Thanks for the 'tude feature!  And true, most people trying to swim against the current of playing nice in the Rain sandbox do tend to fade away, and most in a short time.

Jul 02, 2024 03:03 PM
Kukun--240-483-3649 Franklin Carroll
Kukun, Inc. - Menlo Park, CA
Elite client engagement tools and proptech

I am not sure the term lurker is great---it has a negative connotation even though not wanting to comment is totally normal. 

Jul 02, 2024 01:31 PM
Liz and Bill Spear

It's a term that has been used since I started here many moons ago.  I lurked for about 6 months before I made my first comment.  My views vs. click stats bear out many more people visit, but don't comment.  I still often read a post, but don't leave a comment.  It's definitely a normal thing.

Jul 02, 2024 03:04 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Haha, "Venn will you learn" - yes, there are ways to figure out what kind of a niche might work AND to figure out how to comment/participate with ActiveRain.

Jul 02, 2024 01:45 PM
Liz and Bill Spear

I can't resist the occasional pun :)

Jul 02, 2024 03:04 PM
Peter Mohylsky, Beach Broker
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

That south end has always confused me.  I could never tell if it was going to coming.  

Jul 02, 2024 02:00 PM
Liz and Bill Spear

For some, it doesn't matter which end you get, it all looks/acts the same :)

Jul 02, 2024 03:05 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
There are always gonna be those comments from creepers or from somebody, you don’t know, but that’s just the name of the game.
Jul 02, 2024 10:23 PM
Liz and Bill Spear

I think more so with other social media than here in the Rain.

Jul 03, 2024 06:27 AM
Lew Corcoran
Better Living Real Estate, LLC - East Bridgewater, MA
Real Estate Agent, Home Stager, & Photographer

Liz and Bill, thank you for the enlightening post that merges the analytical power of Venn diagrams with real estate strategy—your guidance is a beacon for agents seeking their perfect niche.

Jul 02, 2024 11:39 PM
Liz and Bill Spear

Finding a niche was key for our local market.  Compete with 6000 other agents or find something that sets us apart?

Jul 03, 2024 06:27 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Bill (and Liz too) - venn in doubt about ActiveRain analysis, I am sure to check the AAA weekly post.  Fortunately, that uncertainty is rarely tested as the evidence of activity of all kinds is readily apparent and available on this platform.  

Jul 03, 2024 04:46 AM
Liz and Bill Spear

Venn people are watching, we must be aware that direct interactions aren't all that are deciding who gets a referral.  Some people we always know are there, others even after all these years I may have never directly crossed paths.

Jul 03, 2024 06:29 AM
Michael Jacobs

Bill Liz and Bill Spear - I believe Sgt Schulz from the Hogan's Heroes television series used his "I know nothing" approach in similar ways.  I realize comparing real estate and other interactions to gestapo techniques can complicate situations.  

Jul 03, 2024 07:07 AM
Liz and Bill Spear

Michael Jacobs , funny thing, I ALMOST dropped a Sgt. Schulz reference in my comment.  And I think Sgt. Schulz was Wehrmacht or Luftwaffe. And digging down the bunny hole, turns out the actors who played Sgt. Schulz and Col. Klink were both Jewish (or at least that's what the Internet/AI tells me).

Jul 03, 2024 07:16 AM
Michael Jacobs

😃

Jul 03, 2024 07:55 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Bill,

Great post and the Venn diagram does still love on especially for those with an analytic mind. It can be a great visual to present data and the overlap does show the common ground. I agree I came to Active Rain to learn and interact not for conflict. Those who enjoy drama usually don't last long here as they find most people don't want to play their game.

Jul 03, 2024 05:11 AM
Liz and Bill Spear

There's a comedian/engineer who uses Venn diagrams in his routine.  Cracks me up :)

Jul 03, 2024 06:29 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

We did have a time back in the day, when I saw some awful comments here on AR. I think the core group is VERY respectful. 

Jul 03, 2024 06:22 AM
Liz and Bill Spear

Back in the day Bob had to show more than one person the exit door for not playing well in the ActiveRain sandbox.

Jul 03, 2024 06:30 AM
Patricia Feager, ABR,CRS,GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Liz and Bill Spear - How interesting! Thank you for this very educational post. I loved the graphic right away but if I learned about the diagram in previous educational courses, I don't recall the official name: Venn diagram. I clicked and was amazed! It quickly reminded me about studying Abraham Lincoln and how his world transformed when he studied Eucidean logic! Too bad logic wasn't part of the curriculum in grade schools, high school, college, and advanced education. Logic seems to be lacking in many professional fields including the political arena but we are not going to go there. We'll stick to the topic of ActiveRain.

I always appreciate good comments that adds interest and information I did not know. In recent years every now and then I get a snarky comment. I learned how to address them in a professional manner. The last time it happened that person decided to unfollow me and believe me, there was no love lost there. I learned long, long ago, life is too short to waste my time trying to figure people out who like to poke the bear to prove something, that doesn't matter to me at all. 

Here's great quote I like very much and if you haven't heard it, I hope you'll appreciate it too:

If a man empties his purse into his head, no one will be able to take it away from them. An investment in knowledge always pays the best dividends. ---Benjamin Franklin.

Thanks Bill, for the knowledge you're willing to share. I hope you and Liz have a very happy Fourth of July. 

 

 

Jul 03, 2024 07:16 AM
Liz and Bill Spear

Patricia Feager, ABR,CRS,GRI,MRP , it's a long time ago, but I think I had some Euclidean geometry in high school.  When I was looking up some info on Venn diagrams I saw the symbols for unions and such that I used to know more about.

No doubt we could use a stronger dose of logic in much that we do as citizens and professionals.  Chaos seems to be the preferred currency.

Fortunately not too many people here that I have to avoid, but there are some.  Not every personality meshes, not everyone likes to have logic applied to a situation, so I pick my spots.

Jul 03, 2024 01:18 PM
Patricia Feager, ABR,CRS,GRI,MRP

Liz and Bill Spear - Sadly, logic has been replaced with opinions. Unfortunately, some who have opinions think they are right and others are wrong.  

The Venn diagram you illustrated is very clear for me to understand both visually and mentally. Although I didn't know what it was called, I changed my way of thinking a lot during covid lock-down days. I can now imagine a Venn diagram such as the one you created with three circles. At the top was the Scientist, Fauci in lab coat, ways in which he preached about how it started with bats in China, other scientists who supported his findings, factual, false, and/or misleading evidence, ways we had to behave to prevent the virus using masks and practicing social distancing. Another circle with politicians. At the top our President, no medical or scientific training but finding other ways to combat the virus, cronies who supported him, attacks on both sides of who is right and who was wrong. And of course there was the third circle of People, the followers, believers, and the Consciencious objectors who didn't get vaccines, did not stay under lock and key but moved about and found ways to survive in business. 

Whether I'm on the right track of thinking or not, the Venn Diagram is worth contemplating! 

Jul 03, 2024 02:25 PM
Liz and Bill Spear

Patricia Feager, ABR,CRS,GRI,MRP , I'm not sure we'll ever know for sure what the true facts are from that whole situation, with True Believers from multiple viewpoints with thoughts that don't align.

If nothing else, it proved my engineering job didn't have to be performed in the main office building from a cube.

Jul 03, 2024 03:37 PM
Patricia Feager, ABR,CRS,GRI,MRP

Liz and Bill Spear - Excellent answer! The cube never was the only answer to getting work done!

Jul 03, 2024 03:59 PM
Paddy Deighan MBA JD PhD
http://www.medicalandspaconsulting.com - Vail, CO
Paddy Deighan J.D. Ph.D

I loved this post!! The headline is fantastic!! Happy 4th of July!!!

Jul 03, 2024 07:45 AM
Liz and Bill Spear

It's in the category of IYKYK puns :)

Jul 03, 2024 01:18 PM
Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

OK now! This comment takes the cake: "south end of a northbound donkey"! Still giggling about that one. Thank you for your insight as always. How are the bees doing?

Jul 03, 2024 11:59 AM
Liz and Bill Spear

I thought that might generate some amusement :)
Bees are doing well.  The hives we requeened seem to have plenty of brood.  We're in the middle of another mite treatment, about halfway through our 12 hives, will try to finish up over the long weekend as weather permits.

Jul 03, 2024 01:20 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

There’s a lot to be said about letting feelings be what they are and opinions be what they are and then moving on from there

Jul 03, 2024 11:30 PM
Liz and Bill Spear

Some will never have their opinions changed, so best use of time is moving on.

Jul 04, 2024 06:50 PM
John Henry, Florida Architect
John Henry Masterworks Design International, Inc. - Orlando, FL
Residential Architect, Luxury Custom Home Design

Love the diagram.  So true.

Jul 04, 2024 09:37 AM
Liz and Bill Spear

Had some fun playing around making that Venn diagram :)

Jul 04, 2024 06:50 PM
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

VENN DIAGRAMS! I LOVE VENN DIAGRAMS! :: cackle ::

Actually I love them for real . . . reminds me of the acronym SWSWSWN! 


 

Jul 05, 2024 08:17 AM
Liz and Bill Spear

In this business NEXT is an essential element.

Jul 06, 2024 08:48 PM
Mike McCann Nebraska Land Broker
Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska - Kearney, NE
Farm & Commercial Property For Sale 308-627-3700

Hi Liz and Bill Spear   Years ago there was an agent from out west somewhere (I know but won't say)...and that agent wanted to argue all of the time.  I finally contacted the agent privately and asked them to not comment on my blogs. 

That agent thought differently about real estate than I did and that is okay except when they were making derogatory remarks on my blog.  

I rarely make a negative comment here or anywhere on social media as it can greatly hurt me and the other party and cost both of us future business. 

Thank you for sharing your thoughts and knowledge!

Jul 08, 2024 07:46 AM
Liz and Bill Spear

Mike, one of the key criteria IMO is understanding whether a post is consumer facing or Rain facing.  If it's consumer facing, it's not really the place to undercut the author.  Real estate is VERY local, so unless I'm in your market or you in mine, we're not going to know the differences in how we all accomplish the common tasks of selling homes and land.  I'd like to gain business, not lose it.

Jul 08, 2024 04:37 PM