Realtors have different roles in different states. In New York State they are not allowed to write contracts – that is for the lawyers. In other states, like California, Florida, Realtors do write contracts and money goes into escrow. Regardless of which state you are in Realtors help people buy and sell real estate but they do so much more. They help in a crisis, make people happy and sad, and they protect a home like its their own.
On the right path
Realtors help people choose a home that maybe just a season, such as a summer rental but they can hold fond memories for a lifetime. They hold peoples hands and allay their fears of choosing wrong. They listen to sad financial or family tales that have affected the buyer, renter, seller in setting their choices. Realtors become friends.
Their dream home can be small, large or some where in between. Everyone has a different dream home. Sometimes it’s a first home, sometimes it’s a second home. Sometimes it’s a retirement home. Some people choose quickly, Realtors like those people best. Some people take years to decide on a particular home, Realtors like those people least.
Confidante, business person, friend, one who helps fulfills the dream of buying a home -All these terms apply to Realtors. Some clients are repeaters and others you never see again. They all have meaning, not just financial, because each deal is a learning experience.
Everyone wants to get paid what they are worth. The problem is, many people don’t know what their work is valued at. They may have ideas and surveys and studies may help shape those ideas. But, when it comes down to it, working for someone else or yourself, fees are accessed and expectations are created. Here’s a timely look at managing your client’s expectations. I wrote this a couple of years back.
Managing a client’s expectations upfront has always been key in the public relations and marketing service field (I will now add any service industry, Real estate, healthcare, automotive, etc.). Having worked on the client side, the agency side and consulting side I’ve seen the 360 degree view from all sides. When you clash with a client, or agency, over goals and expectations within the first two weeks of working with them somebody missed the boat. When writing proposals most goals are clearly written and agreed to before any work takes place. This is necessary before any contract is even written. But, when clients blatantly can’t see the value in your work (they hired you because you know more than they do) what do you do? Sometimes the best thing is to walk away.
Goal Setting is Key for any Proposal. Almost every client I’ve worked with or talked to initially wants to be on the Today Show and on the front page of the Wall Street Journal. Some clients have shied away from that saying “they only want trades.” I have had clients who in the past would want me to seek out media opportunities, as many as I could, just to approve or disapprove the opportunity – and nine times out of ten they turned them down. You know the scary ones where you get millions of media impressions in one minute like CNBC, CNN, Bloomberg radio or TV. You know the really easy placements to get that take no time at all securing. The funny thing is that it is within their target audience and on message. What do they know that you don’t know? I had one client say after turning down a media placement on a national broadcast television news show that they didn’t want the world to see their soft underbelly. What? Having worked with them for three months I didn’t realize they had a soft underbelly – and no amount of Pilates and or, yoga would help firm that up. In retrospect the client wasn’t allowing us – the agency – full disclosure. About a year after that media opp the company filed for bankruptcy protection and was later bought out. Goal setting needs to be objective, attainable and on message, but if the client isn’t disclosing to you their real self at the beginning, you may achieve the initial goals only to have them deflate before seeing them executed.