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The Washington Post had an interesting article on Real Estate agent advertisements over the weekend. Follow the link to: Answer Man: Grimacing Over Real Estate Agent Ads.
Stokefire has helped quite a few Realtors and brokers craft their brands and we've yet to be convinced that a picture in an advertisement or business card is critical. The referenced article seems to back us up on this. The current thinking in Realty seems to be that one doesn't sell a house, one sells one's self. Anyone can get you the house of your dreams, but only I (Blonde haired, dimpled, smiling) can get it for you in my uniquely personalized way. This thinking may have worked a few years back, but now with more than 70% of Realtors (Coldwell Banker's numbers from ref'd article) putting pictures on their cards you may be more unique without a picture than with one. I've sold three homes in the last decade and have witnessed the change by looking in the 'card tray' after a showing. Everyone's cards used to look the same because they were conservative and respectable. Now they look the same because they have a picture, tagline, three phone numbers, and are essentially a jumbled mess of information. Obviously I don't think this is an improvement. This is not to say that I think personal branding is bad (I don't.) Personal branding is great, but I just don't see a picture as critical for business success unless you're a) a model or b) a personal trainer. These are two industries that really do depend on looks for success. If 70% of the competition wasn't doing the same thing in Realty then perhaps this method would work, but as it is, each new photograph makes all the rest less impactful. So, if a Realtor's smiling face isn't enough to reinforce a brand, then what is? How about using an original (or at least regionally unique) message? Search Google for Realty taglines and you'll find thousands or even millions of hits for things like "Home of Your Dreams" and "Find You Your Ideal Home." How do I feel about tags such as these? How should you, the target client, feel about them? How about insulted? *All* Realtors should be trying to find you the ideal home, so saying it in the valuable space of a business card or advertisment is wasted space. It's like Stokefire having an ad-blitz with the phrase "Stokefire - We Breathe!" [Ed. - that's a keeper!] There's no added value - you're just telling people you provide the same service as everyone else - and worse - that you're not as creative as the better ones. Here's another way to see this. If you were going to sell your house, wouldn't you want to know that the person selling it was going to be able to have your house stand out somehow from all the rest for sale in the area? If a Realtor can't get themselves to stand out, then how the heck are they going to have your home do so? Don't even get me started about the big Realtor campaign hitting the airwaves now that essentially shouts "Use Realtors - We've Taken An Ethics Course!" Not only does this not say that Realtors are ethical, it points an unflattering light on the fact that Realtors might have been unethical in the first place. Just because someone sits through a four hour lecture on what it means to be ethical does not mean that they have achieved a state of ethical being once they're done. I truly value the services that good Realtors provide. The ones that get it - that Realtors can increase the value of a home, that they can take care of most of the difficult aspects of a home sale (such as negotiations, paperwork, prepping the home for sale, etc.) - are worth far more than the six percent that they frequently charge. The ones that don't get it are worse than going it alone. That's enough brand poking for today. I may come back to this at another date to get into some of the finer points of Realtor branding and why a bad agent is worse than no agent, among other things. |


