Core Values

by James Dingman on January 20, 2012

Up until about 2006 we had a very coherent statement of those things we hold most dear:  our Core Values.  Great care was taken in the creation of the list.  We didn’t want what usually passes for this kind of statement - a bland list of noble words that don’t really describe the company.  We wanted this list to be real.  And it was.  But then there was a changing of the guard in 2006 and the old set was scrapped and replace by somebody else’s idea of who they wanted to be . . . and the original list was abandoned.

I’ve been thinking about that original list lately and I’d like to revive it.  It truly describes who we are (not who we want to be, but who we really are right now).

1.  Integrity

  • We tell the truth.
  • We believe so deeply in our product that we don’t have to stoop to techniques and manipulation to be successful:  all we have to do is tell people what we have.
  • We provide a valuable service for a reasonable fee.
  • We make an honest living.  We don’t  ‘make a killing’ on every closing. We are paid fairly by the people we serve.
  • We believe in our program.
  • We realize we are different.  We have a unique offering for the consumer that is fundamentally better than what traditional brokers offer.
  • Our system works.  Period.
  • Our words, our actions and our beliefs are in sync.  We don’t say one thing but do something else.

2.  Information without obligation

  • We don’t hoard or hide information.
  • We answer questions honestly without technique or manipulation.
  • Our selling style is to educate; we empower our customers with information.

3. Consumer choices

  • One size does not fit all.
  • We allow the consumer to choose the services he or she would like to employ and then we charge them based on how the home actually sells.
  • Our focus is always on how we can better serve the consumer.

4. Seller participation

  • We believe in our customers’ ability to handle some aspects of the sale.
  • We partner with our sellers to market their property.  We HELP YOU sell your property.
  • We coach our sellers through the process.

5. Seller savings

  • Because we always have our customers’ best interest at heart, the more we can save them, the better.
  • We deliver high value service for a set fee considerably lower than the commissions charged by other offices.

6. Buyer/Seller contact

  • Because we believe in our service, we don’t have to justify our existence by getting between the parties.
  • We believe that most people are honest and principled.
  • Our job is to coach, educate and facilitate a successful transaction.

7. Unique management model

  • We believe that we can offer a high value service to consumers and make a healthy profit at the same time.
  • We organize our offices to serve the consumer, not the agent.
  • We believe it is our business; we hire people to help us do more of it and do it better.

8. Powerful marketing system

  • We are a marketing company.  We study our marketplace and our marketing to make sure we are maximizing results.
  • We have a marketing plan and we stick to it.
  • We measure results.
  • We actively market real estate

And here it is once again without the extra verbiage:

  • Integrity
  • Information without Obligation
  • Consumer Choices
  • Seller Participation
  • Seller Savings
  • Buyer/Seller Contact
  • Unique Management Model
  • Powerful Marketing System

This set of 8 Core Values is more than mere words on a page.  It is a living breathing entity, one we use every day to remind us who we are and to help in decision making.  Any time you are considering a change to your program or a new piece of marketing or a new way of doing anything, take out the list and weigh what you’re considering against it.  If it does not align with your 8 Core Values, then it’s probably something you shouldn’t do.  We are a principal centered organization and these are the principals on which we base our business.  Be proud of them. Display them.  Share them with your staff and give them a little time every day.

 

 

 

 

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Big Brother, Google and Print Media

by James Dingman on January 17, 2012

Has it occurred to you yet that Google – at least the search engine part of Google – is, essentially, a monopoly?  They have achieved such penetration in the realm of Internet search that, what few competitors there are,  are essentially insignificant.

I remember when I started surfing the net back in the 90′s.  None of us knew what we were doing and AOL gained a huge leg-up by organizing the Internet (today that seems so silly) and by giving us crude search capabilities.  I drifted from search engine to search engine and eventually settled into AltaVista.  In the mid-nineties AltaVista leaped ahead of its competitors by pioneering the use of web-crawlers that would go out, scan websites for information, and return data for indexing.  Today we call the crawlers ‘Spiders’ and they scamper a little faster.  AltaVista was eventually bought by Yahoo and, in May of last year, was shut down.  Now, when you try to search using AltaVista, you’re really searching using Yahoo.  As an interesting aside, it was AltaVista that brought us that wonderful translation tool, Babel-Fish.  Just as the search part of AV has been over taken by Google, so has Babel-Fish:  today we use Google Translate.

Which brings me back to the Google monopoly.  They didn’t gain that position by destroying or overtaking competitors; we gave it to them.  Google came out of the box so far ahead of their competitors that almost overnight other search engines were left in the dust.  Google made the Internet useful.  It brought order to chaos.  That’s the nice part.  But to monetize search, Google had to bring value to those of us with something to sell or something to say.  They realized (just as Don Taylor did in 1976) that the most effective marketing was highly targeted marketing.  The delivery of a highly targeted demographic to an advertiser proved to be very valuable and targeted pay-per-click ads became a dominant feature of the Internet.

So, how did Google get so good at segmenting and categorizing demographic groups to deliver to advertisers?  They kept track of us.  They recorded what we searched for and what we clicked on.  They watched how we behaved when we interacted with them and they stored that information, analyzed it, reduced it to numbers and predictive algorithms.  Today Google knows more about what interests me than just about anyone else!

We’d like to believe that Google is blind, like justice.  We’d like to believe that if I – a White male in his 60s living in Southern California – search for something, that you – a Hispanic female in your 30s living in the Northeast – also search for, we’d get the same results.  Not so. Google not only sells you as a potential target to advertisers, it also uses what it knows about your online behavior to filter search results so that your search outcome may be very different than mine.

I got a big reminder of this yesterday.  Ron McCoy, who lives 90 miles away in Riverside, just bough an IPad II.  The Apple version of PowerPoint on the IPad is something called Notebook.  Ron wanted to convert his PowerPoint Franchise Sales Presentation to Notebook and had no luck figuring it out.  While we were on the phone, I Googled it and quickly came up with a website devoted to Notebook with a long string of how-to’s about this very subject.  When Ron did the same search the website was buried. Google gave us different results because:  we live in different areas and we search for different stuff.  Google watches . . . Google knows.

Don’t get me wrong.  I love Google.  I’m more a Google person than a PC (Microsoft) person.  I have a Google T-Shirt.  I have an Android phone.  But sometimes all of this Google-looking-over-my-shoulder-while-I-browse creeps me out a bit.  Sure, their motives are purely Capitalistic:  they want great data on me to sell to advertisers.  But what if their information came under the control of an entity – a faction, a government, a policing unit – who maybe had other motives?  Makes me want to browse through an anonymizer!

I applaud Google for what its done to marketing.  That arena is fundamentally different and the difference is directly related to what Google did.  But it’s interesting:  after years of diss-ing print media as the nearly extinct dinosaur that it is, Google has taken to using traditional paper advertising to show its concern for our online safety.  They’ve earmarked tens of millions of dollars for a ‘Good to Know’ campaign running in newspapers and magazines.  The first ad ran in Britain recently and encouraged people to be a little more creative with their passwords.  It’s actually very good information, so good that I’ll reproduce the ad here and encourage you to do what Mother-Google is asking you to do!

goog Big Brother, Google and Print Media

 

Having gotten all of that rambling tangential junk out of the way, here’s my point for you today:  If Google – who owns the Internet – who invented online marketing – is getting into print advertising, isn’t’ it something you ought to consider for your business?   For five years we’ve preached that print is dead-dead-dead, and every time one of our brokers put a toe in the print-media waters he pulled it back in shock and horror.  But suddenly, Maurine Grisso takes a full page ad in her local paper for a song the week between Christmas and New Years and actually develops LEADS.  I know:  Maurine is a brash pioneer, sometimes so far on the cutting edge that she’s actually on the bleeding edge; but nobody can fault her for not taking risks and sometimes reaping big rewards.  And I’m not suggesting you sink thousands of dollars into print advertising this month or next.  What I am suggesting is that it might be time to put that toe back in the water.  Spend $50 or $100 and run a little ‘Sell Fast – Save Thousands’ ad or something similar.  Try putting a true ETM (with sold-and-saves, testimonials, and an Easy Way plus a few listings) on the back of a Homes magazine.  Pay very close attention to the results you get:  how many inquiries does this specific ad produce?  Then let me know if Google and Maurine are right or if it’s still too early.  Thanks!

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YAWN . . .

January 13, 2012

Quoting Inman News this morning: NEW YORK — Realtor.com is about to roll out a free tool that will allow real estate professionals to build single-property websites optimized for mobile devices. We’ve had that for what?  A year?  18 months? Oh, and with our version, the agent doesn’t have to ‘do’ anything . . . [...]

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Richard Cricchio, Help-U-Sell and the Office Exclusive Listing

January 11, 2012

We had quite a Roundtable Call today.  Lots of good information flew around, but one item really struck me. Richard Cricchio from Honolulu started talking about ‘Office Exclusive Listings.’  I asked him to clarify and he responded: ‘When we take a call on a listing, we always ask if the caller is working with an [...]

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Survey Sez

January 11, 2012

I sent a short survey to our members yesterday to help in putting together the plan for 2012.  Though I may still get some responses, most are already in and I thought I’d update you on the results. 92.5% of respondents believe business will be better in 2012. They ranked the biggest challenges facing them [...]

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January 10, 2012

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Brilliant Marketing!

January 9, 2012

Remember Jason Smith?  He was a former Chicago area Help-U-Sell broker and a corporate employee for awhile.  He’s now a State Farm agent in Solana Beach, just north of San Diego.  This morning I got the following in my inbox: LinkedIn Jason Smith has sent you a message. Date: 1/09/2012 Subject: Business proposition for our [...]

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Resolution Solution

January 5, 2012

We have been talking about planning lately.  Specifically: planning for business growth in 2012.  I am urging you to keep it short and sweet, define your goals with a razor focus, write them down in bullets, not paragraphs.  I’m also urging you to create action plans for a shorter period:  say,  90 days.   Create [...]

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