Welcome to the SaltLakeCityUtahHomesForSale.com Blog

2012-01-14 06:00:26
The Tooele UT Broker Sounds off about stuff

I like it when our Tooele Broker sounds off about stuff related to how they do their Real Estate business out there. Chris & Berna run a great brokerage, and are a great team. Not only do they provide their clients with superior service but their involvement in the community and the way they work to make Tooele a better place for their home buyers to live is absolutely scary.

Attend any fund raiser, or Tooele Chamber event, and you will find Chris or Berna, or both, flippin flapjacks, decorating the room, or bringing a hot dish. Go to a Tooele City councel meeting or sit in on a planning and zoning session and Chris may be the only Realtor in the room.

I share this with you, because they find it tough to toot their own horn, and it's a horn that needs to be tooted.

The fact that almost 70% of the Tooele residents selling a house list their homes with agents from Salt Lake must be very frustrating for them. As you can see from Chris's post he has a hard time telling you what you should hear.  Real Estate is local. You get the best service, the most attention, the most area knowledge, the most commitment, the most care, from someone that is invested in your community.

When you are thinking of buying or selling a Tooele Home, give Chris and Berna a call!

 

 

I'm not very imaginative when it comes to blog topics. My interests are fairly narrow, and my expertise even more so, limited to my town, my family, my profession, politics and anything automotive. Berna won't really let me blog on cars, so I'm often stuck with dry material. However, every now and then, a group of seemingly different events coagulates into something worth writing about. Whether it's worth reading about may be something else again!

A couple of days back, I was reading an Activerain thread debating the 80/20 rule in real estate. No, not the production one, this is the one that says you must spend 80% of your time prospecting for new business and 20% working for your clients. Then, I sat in a Strategic Planning meeting  yesterday, hearing complaints about why such a high percentage of new listings in Tooele County are listed by out of area agents. Then I picked up Berna, and we spent three hours bottling applesauce for the needy at the LDS Church's Bishop's Storehouse cannery. So, how do these things add up to anything worth writing about? Let's see...

First of all, prospecting is in the eye of the beholder. Is it only defined as knocking on doors, or making 100 'cold calls'? Could it also be defined as joining a civic or church organization full of the movers and shakers in your area, and building relationships with the people that know all the people? I've always struggled with the 80/20 here, because it seems to me that if you really do that, you are wasting the most efficient, cost effective book of business you have. Referrals from past clients. Because, if you are devoting all that time to generating new business, you aren't devoting enough time to your clients, meaning you won't be getting that referral business. You over-promised and under-delivered, so why should they come back to you?

There are a high percentage of listings in Tooele County listed by out of area agents. I haven't worked all the figures yet, but it appears to be upward of 70%. Banks have a tendency to list with the 'big city' agents, and don't seem to recognize the mountain range separating us from Salt Lake. But even if I take those out, I'm going to find that more than half of the 'regular' listings are still by out of area agents. I actually showed a commercial property last weekend listed by an agent in Moab, some 300 miles away! I won't even talk about the agent that thought she could give good service when she took it. I'm more concerned with why the clients would go there. What are we failing to do as 'local' Realtors?

So, what do we have to do to set ourselves apart from the other 10,000 agents in the State. How does the 80/20 rule apply here? Do we act like agents that think that once the listing is signed and the sign planted we're done? Do we turn down showings because they involve an 80-90 mile round trip? What type of service defines what we do? Is there room for civic service under the name of prospecting?

I think there is. In this small town, there aren't many people that don't know us. They don't always know what we do for a living. Some of us know us as leaders in a County political Party. Some recognize Berna as the Vice-Chair of the Chamber of Commerce, or as the one that organizes the Chamber Easter Egg Hunt for 3500 kids each year. Maybe it's from sitting on Planning and Zoning in Tooele City. Maybe it's our service in our Church (Great applesauce, by the way!) Maybe it's the pumpkin bread that B bakes for our clients each Christmas. There are others, but I will tell you this. Each of these things has brought us  paying clients, clients we'll keep for life, at a relatively low cost.

What I'm getting at is that there are many ways to build your business, to set yourself apart from the average. Is it cold calling every day to get that new customer? It's obviously worked for a lot of people over the years. It doesn't work for us. We easily interact with 100 people every week, people that get a positive feel for how we do our business. That has been an investment of over a decade, so no quick payoff. However, the marketing budget seems to keep shrinking, while the client list seems to grow. Figure out a way for your farming area see you in a positive way, keep the quality of your work at it's best, and you will win in this tough economy. In the meantime, I'm staging the Chamber Santa Parade Saturday, and I can't find my Santa hat...

 
Blog Archive
2017-03-03 13:33:48
Utah Second For First Time Home Buyers

2017-02-28 12:42:48
Why New Home Prices Are Going Up In Salt Lake

2017-02-19 08:40:47
Berna Sloan & Tooele Real Estate

2017-02-11 06:49:22
Tooele Real Estate From Berna Sloan

2017-02-05 07:19:12
What's Up With Mortgage Rates In SLC Utah

2017-01-28 05:50:18
Buying & Selling Homes in Tooele County

2016-10-16 15:54:54
More Tooele Real Estate News From Berna

2016-07-17 07:45:12
About Real Estate in Tooele Last Week

2016-07-08 10:36:26
About Home Mortgages in Salt Lake

2016-06-05 16:55:31
5 Things To Consider When Pricing Your Salt Lake H

2016-04-16 08:17:18
Tips About Tooele Real Estate & Finding Homes

2016-04-13 11:29:40
3 Common Home Buying Myths In Salt Lake

2016-04-12 13:09:09
Buying a Condominium in Salt Lake?

2016-03-16 11:48:51
Need Help Finding Riverton Utah Homes For Sale

2016-02-23 10:50:39
New Homes in Stansbury Park UT From $250,000

2016-02-16 15:00:25
Find a Riverton UT Home w/2 Kitchens

2016-02-16 04:23:18
Home in Herriman UT w/ Inlaw Apartment

2016-02-11 12:54:58
Herriman UT Homes For Sale on Cul de Sac

2016-02-10 14:53:07
Homes For Sale in Herriman Utah $290,000

2016-02-07 05:44:33
February List Of Salt Lake Foreclosures

2016-01-30 09:00:43
South Jordan UT Homes Listed From $325,000

2016-01-29 06:08:54
South Jordan New Homes Being Built

2016-01-26 08:09:17
Find New Homes To Buy in Herriman UT

2016-01-20 13:36:05
What Suits You Condo or Salt Lake Townhome

2016-01-18 12:04:39
Foreclosures Are Down In Salt Lake

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.