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Why You are Losing Clients, Even Friends and Family
03/04/2024
Why You are Losing Clients, Even Friends and Family
Hey there, real estate agents and business people in general! π Mike Oddo and Jake Houle here, your goto guides for all things real estate and sales. Today, we're diving into the wild and often hilariously misunderstood world of real estate marketing and differentiating pitches. Buckle up for a rollercoaster of anecdotes, tips, and hacks that will not only entertain but also elevate your game in the competitive realm of helping clients buy and sell their homes. π’πΌ π΅οΈββοΈ Why Choose You as Your Agents? The Hilarious Side of Pitches! π€£ Picture this: You ask a real estate agent, "Why should I pick you as my agent over anybody else?" and get a response like, "Well, Dick, here's the deal. I'm the best there is, plain and simple. I mean, I wake up in the morning, I piss excellence and nobody can hang with my stuff. If you ain't first, you're last." π Classic Talladega Nights reference, right? π The Importance of a Strong USP (Unique Selling Proposition) πͺ Now, let's get serious for a moment. Not having a strong USB is like driving without a map in the real estate world. Jake emphaizes the importance of understanding marketing and the psychology of what makes people move. "I'm in a listening interview," he says, recounting a client's question. Imagine the power of being able to say, "I'm pretty lucky" and then actually sealing the deal. It's about making that personal conection and turning it into a win for both parties. π€β¨ π¬ Expert Negotiation: More Than Just Words! π£οΈ Mike sheds light on the claim of being an expert negotiator. "This car is crap. I will buy it for next to nothing. How next to?" he hilariously quips. Negotiation isn't just about stating you're an expert; it's about quantifying results. Jake adds, "So if you're going to use, 'I am an expert at negotiating,' what you have to do is then take the math." π’ Marketing Mistakes: Billboards and Beyond! π Ever seen those billboards with a real estate agent's face but no clear message? Jake and Mike cringe at this common marketing mistake. "It's just a glorified business card with your picture on it," Mike remarks. The duo breaks down the flaws in such approaches, emphasizing the need to cut through the noise and make marketing meaningful. π Quantifying Your Expertise: Proof in Numbers! π’ Quantifying expertise is key. Whether you're in construction or real estate, proving your value is crucial. Mike shares insights on getting testimonials that are "bangers" and emphasizes the power of doing the math. "My sellers on average get 2% more out of their home sale than the industry average." Now, that's a quantifiable claim that speaks volumes! πΌπ° π The Art of Differentiation: Making Your Mark! π The conversation shifts to differentiation. Mike points out that it's not about just saying you've been in construction; it's about explaining how you understand the difference between a good house and a bad house. Attorneys transitioning to real estate often miss this point, thinking it's an easier field. It's about making your unique selling proposition (USP) compelling and understandable to the public. π Cutting Through the Marketing Noise: A Real Challenge! π€― Traditional marketing methods may not cut it in a world where we're exposed to thousands of advertisements daily. Jake stresses the need to cut through the noise and go direct to the customer. It's not about having billions like CocaCola; it's about finding creative ways to be memorable without a massive budget. π π₯ Relationships and Obligations: The Hard Truth! π Mike shares a party anecdote highlighting a common misconception. Just because you have a relationship with someone doesn't mean they're obligated to do business with you. People will go where the tangible benefits are. "I'm going where the benefit is," says a client, emphasizing the power of clear, tangible value propositions. π€ Beynd the Surface: The Power of Storytelling! π Jake and Mike delve into the art of storytelling for real impact. A wellcompiled book of success stories can be a gamechanger in listing presentations. It's not just about saying you sold a house in 17 days; it's about showing the proof, the numbers, and the satisfied customers. β¨ Conclusion: Elevate Your Real Estate Game! π And there you have it, folks! An epic journey through the minds of two real estate and sales gurus, sharing insights, laughs, and invaluable tips. Whether you're a seasoned agent or just stepping into the real estate arena, these hacks and anecdotes are your secret weapons. So, go out there, make those connections, and let excellence be your morning ritual! πΌπ‘
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