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October 2009
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Open Up To Open Houses
Are you too busy to hold open house and/or prospect? If so, the top agent in Brentwood, CA has a great reminder for you on the license plate of his Mercedes SL convertible: BAK 2 BSC.
In other words, success in the real estate business is based upon excellent execution of the fundamentals of the business. One of the "basics" is open house. Open houses can be a continuing source of new business or a total waste of time. The key in making open houses profitable is to change them from a "reactive open house" to a "proactive open house."
Most agents use what is jokingly known as the "3P approach" to open house -- put an ad in the paper, pound directional signs on the corners, and pray someone shows up.
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Level of Service Creates Success
The Internet is a fantastic arena in which to conduct business. It allows us to spread our marketing of properties and ourselves to a larger prospect base. The creation of a web site allows us an inexpensive entry into the world of 24-hour marketing. It is a tool all Agents should add to their toolbox. The more tools we have, that we know how to use properly, the more skilled craftsmen we are.
We encounter a problem if we try to use a tool for more than its true purpose – to elevate the tool to the "magical, mystical level". The Internet is not the magic answer to selling real estate. Many people have anointed the Internet to a level of worship it does not deserve.
The Internet will make a good Agent better. Good Agents have the sales skills and apply the daily "Disciplines of a Champion." The Internet will not make a poorly skilled Agent successful. Success or failure in selling real estate will never be based on a web site or Internet presence. Successful Agents will be able to grab more market share because of effective use of the Internet tool.
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phone: 214-353-6980
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