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Do You Have What Consumers Are Looking For In A Good Real Estate Agent?
In a study by the Canadian Real Estate Assoc. in 2003 and 2005, the public was polled to get their opinion on what they believed were the attributes of a good realtor. The following is a brief description of some of the most valued attributes.
1. Trust
Being able to trust their agent is one of the most valued attributes by the public. Consumers tended to give the benefit of the doubt to agents who were referred to them by a friend, or family member. However, the Realtor still had a ways to go to earn deep trust. To build trust agents need to do things like being patience when showing homes, following through on promises and responding promptly.
2. Expert and Specific market knowledge People are looking for agents who have insights into specific neighbourhoods. Knowledge about schools, and other key area amenities. They value Realtors who have a network of other trusted vendors like: contractors, landscapers, mortgage brokers and cleaning services. They want advice or tips that will help them make informed decisions.
3. Good listener According to participants in the survey, the ability of Realtors to listen was greatly lacking. They want an agent who will listen to their needs and wants and respond accordingly.
4. Effective negotiator Buyers and sellers alike are not comfortable doing their own negotiation. So they value highly an agent who can negotiate effectively on their behalf. So why not read a few books on how to improve your negotiation skills?
5. Patience Buying or selling is a big decision for most people, so they can often be emotional and stressed out. Consumers want agents who will understand this and create an environment that will help reduce their stress and be patient with them. They want agents to be flexible with them as they go through the process.
6. Attention to details According to the survey agents who were very attentive to all the details of the transaction was “highly prized”. They want to feel comfortable that none of their issues will fall through the cracks.
7. Attentive and responsive Consumers valued agents who did more for them than just list their home on the MLS. They value agents who respond quickly and timely to their issues and concerns. Many were insulted by agents who did not return phone calls or reply to emails. There is a belief that agents will not reply to emails for those in the age group of (21-34). People want one on one attention. Make them feel like they are your only client and they will reward you with lots of referrals 8. Hardworking In hot markets, sellers want agents who will market their homes to make them stand out. In slower markets they want to be assured that their agent is pulling out all the stops to market their home. Consumers describe good or effective Realtors as one working hard to promote a property or pouring over listings to find their dream home. “Agents that do this are described as having done their homework”
Source for this article: Report by the Canadian Real Estate Assoc.
Author: Kevin Toney is “The Marketing Coach”. Kevin coaches Real Estate Agents on how to attract more buyers and sellers, increase their repeat business and generate more referrals. Call 204-783-6342 for a Free over the phone Coaching Session where you can get solutions to your marketing challenges and issues. Go to his web site for free marketing tips and advice.
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Just For Laughs
Apparently they have been having a tough time attracting business. ---------------------------------------------------------------------------------------------------
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