| November 24, 2000 |
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Strategic planning creates an advantage for you by utilizing the model of attraction marketing. It is a smart way of reaching your goals with the least amount of wasted time. When you are focused on providing value based on consumer needs, people come to you. In the old days, hard work, commitment, effort and self-discipline were taught as the way to produce results. They did, but there was a high physical, emotional and spiritual cost. Burnout usually followed. Glib scripts and manipulative techniques no longer produce results. One-to-one marketing and a relationship based referral business are the 21st century way to connect with prospects. During your annual planning, you will be most successful if you strategize some future scenarios. Large corporations have employed this technique to position their products and services to the future needs of their customers. Shell Oil, in what has been recognized as, perhaps, the premier planning process of any large corporation, uses the future scenario process. Their planning involves long-term global thinking that transcends national boundaries and is designed to have a positive influence in the world. Creative new ways of thinking that extend beyond the normal hierarchal leadership models have been utilized to provide extraordinary results. Bringing this type of strategic planning into your real estate business can greatly expand the direction for a future that could give your business the advantage for the 21st century. With a strategy, you aren’t always working on the goal itself, but rather on improving or positioning the relationships, the environment, the resources and flow and even yourself. When you’ve devised the right strategy, the plan becomes obvious and more than a set of linear steps (more, harder, faster.) This series of articles focuses on the strategies that you could implement, so let’s look next at building a team of synergistic partners. The Team Strategy Even the Lone Ranger had Tonto! Success in 2001 may be directly proportional to the number of strategic partnerships you build. Most successful agents in the 20th century built a small team of industry-related partners to help them deliver good service to their clients. Success for the 21st century agent will require an expansion of this team beyond the obvious. AOL is a good example of forming partnerships in an expansive way. How many different ways did AOL get its latest version on disk to you? I even got one recently in a snack on an airplane trip. People like doing business with people they know. Even better is doing business with people who do business with them. Think of al the service providers you use…your hairdresser, dentist, CPA, banker, grocer, travel agent, masseuse, etc. Are all of these people on your team? Ask yourself, “How many different people think of me when they think real estate? Do they have my cards, brochures or information to pass along to their clients?” It is not only more fun to focus your prospecting and build your business by going vertical with those you already know but it let’s you make more with less struggle than to build horizontally. Steps To Build Your Team Build a big team. Think expansively. Create some ways of making it fun and profitable for all involved. When you have 100 people marketing for you, you’ll never have to worry about where the new business is coming from! |
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