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What makes a Realtor Worth Hiring?

By
Services for Real Estate Pros with Hallmark Sotheby's International Realty

What makes a Realtor great and worth hiring? Is it the number of homes their office sells per year? The number of homes they sell per year? Does it matter if their office has the number one market share or if they own their own office and have very little market share but lots of personal sales?

Realtors can get so caught up in their own self promotion that they can forget what is most important. They begin to twist market data and distort facts. It is a remarkable feat that each agency can stake the claim of being "number" one. Whatever happened to making the client feel as though they were number one?

Economists talk about the 80/20 rule. Eighty percent of the work is done by 20 percent of the people. Therefore when a Real Estate firm has one top producer who does 25 sales per year and that firm has 25 agents, it does not mean that each agent had one sale. Those types of numbers only water down the top producers numbers in an effort to shine light on the low producers. This of course is a very simplified example.

A truly great Realtor doesn't need to distort data to succeed. There are brand new agents who astonish the old savvy Realtors with great numbers in their early years and then there are Realtors who even against their own best and diligent efforts, can't manage to sell enough homes to make themselves valuable to a sales force.

A truly great Realtor has innovative marketing tools and the ability to develop strong and lasting personal relationships. They also develop a love for getting to know a house right down to it's most intimate details. A great Realtor knows how to make a property shine in it's best light. A great Realtor is a master at needs analysis.

In the end, for the truly great Realtor, their mastery of interpersonal skills, needs analysis, and innovative marketing tools, will be what makes them the Realtor worth hiring.

*Blog written by Jeannine Coburn of Hallmark Sothbey's International Realty

John Prescott
Century 21 Commonwealth Wellesley - South Natick, MA
Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest

Jeannine:

Bullseye!

I couldn't agree with you more.  Clients sometimes view simply the company as a whole, instead of looking beneath the surface at the specific realtor's credentials.

And in truth, it's not the company they're hiring, but rather the individual realtor.  They're the ones responsible for being the conduit between the property and the potential customers.

Oftentimes, when prospects call about a specific home and the call is routed to someone other than the listing broker, the client finds out that the broker they're talking to has never even SEEN the listing.

While this method may be of help to new brokers, it certainly isn't in the best interest of the clients if the company's agents haven't even bothered to go out and view the listing.

As you say, truly great realtors take the time and make the effort necessary to go out and preview properties and neighborhoods.  Truly great realtors are also the best prepared to do the prep work necessary to meet their clients' needs.  Truly great realtors answer their phones at all times.

Top Producers are few and far between And in times like these, the numbers tend to run more along the lines of 10% of the brokers are bringing in 90% of the business.

Truly great realtors, are indeed, a company's most valuable asset.

- JOHN PRESCOTT

-BostonKayakGuy

 

JOHN PRESCOTT

Vice President

Century 21 Commonwealth

508-523-9252

 

BostonKayakGuy…The MetWest Scene

 

 

 

 

 

 

 

 

 

 

Jan 24, 2009 01:32 AM