How do you deal with competition In The Real Estate industry?

Competition, real estate, barns and Brick, brick and barns, Davis and Co. ILRE, Davis and Co. International luxury Real Estate, Realtor, Real Estate Agency, Real Estate Company, Seacoast NH, Home buyers, home sellers, buyer agent, seller agent, listing agent

How do you deal with competition In your industry?

 

Competition. I learn from them!  As a Realtor® and business owner, I swim in a sea of competition.  With everyone vying for our attention and our money, competition can be fierce, but it is also perspective.  I know in real estate, the public has an ideology of “they typical real estate agent persona,” and that we are all alike!  The general public believes we sit at our desks waiting for the phone to ring, show a property, make a sale and start all over again. HGTV has eschewed the reality (Fake!) of what agents really do and capitalized on turning it into a dog and pony show.

 

Magnolia Competition, HGTV, Realtor, Real Estate, Real Estate Agent, Real Estate Agency, Elyane M. Davis, Davis and Co. ILRE

Source of photo: https://magnolia.com/our-show/episode-03-the-house-in-the-woods/

HGTV Reality is Fake

Over the years I have heard the same conclusions from customers, the general public, and from clients that I just started working with.  They believe we do nothing and earn all this money without effort, fight and throw temper tantrums, don’t care, nor take anyone else into consideration!   Ouch!  Thanks, HGTV, Million Dollar Listing: New York, Million Dollar Listing: Los Angeles.  No profession is perfect, but there is a lot of work, research, knowledge, negotiations, and working parts that have to come together to help buyers and sellers succeed in buying and selling their homes.

 

Competition, real estate, barns and Brick, brick and barns, Davis and Co. ILRE, Davis and Co. International luxury Real Estate, Realtor, Real Estate Agency, Real Estate Company, Seacoast NH, Home buyers, home sellers, buyer agent, seller agent, listing agent

The Art/Science/Business of being a Real Estate Agent

Once I work with my new clients or talk with customers and the general public, I know that they realize there is a lot more that goes into the art/science/business of being a real estate agent.  So, there may be competition in essence for “a listing” or “a buyer” but there is plenty for all.  Therefore, there is no competition because there is really no scarcity.  What I do acknowledge as competition, is how well are the other agents treating their clients/customers/general public and can I learn from them? Can I create from their expertise and experience a better way of doing business that my clients can benefit from?  How can I become better?  What can I learn?  What can I emulate?  If my “competition” fails, how can I learn from that and not make the same mistakes?

 

Family, Real Estate, Buying real Estate, Selling real estate, Competition, Success

Home is where the heart is. It is not just a building, it is a place that expresses your hopes, dreams and tells your story.

We strive to make your real estate experience memorable, noteworthy, and successful.

Yes, it is all about the customers, the general public, our past, present and future clients.  It is a never-ending learning curve to find out what our fellow humans want and how we can serve them best.  And sometimes, we learn best from those that are in our same chosen field of expertise, and because they have a different viewpoint, a different perspective, and when we can see that we are all going to come out ahead.

Home, living life, love, buying a home, telling your story, selling your home,

Home is where the heart is. It is not just a building, it is a place to that expresses your hopes, dreams, and tells your story.

Learn, study, extrapolate what works and make it your own.  Not cookie-cutter and copy, but personalized.  Own it, revitalize it, and acknowledge that our “competition” knows their stuff, and they are smart! I also reach out to my “competitors!”  I let them know I am impressed, that I respect them, that I view them as a colleague, and I let them know they are doing a great job.  Why?  Because they are used to people criticizing them, copying them, envy, and jealousy.  When I give them positive feedback and encouragement, they reach out, they are super great to deal with on our next deal together (which helps my clients), and they remember that I noticed them as a person, and I appreciate them and the hard work they put in.  Because of this,  I sometimes receive some trade secrets, or great people to network with, an inside scoop…

When Real Estate Agents Work Together, Our Clients Benefit

We are colleagues, we work toward a common goal, and that is finding everyone a home to call their own or a home for their business.  I take the competition mindset out of the equation, and I make it about 2 people serving our clients.  We need each other.

 

Competition, real estate, barns and Brick, brick and barns, Davis and Co. ILRE, Davis and Co. International luxury Real Estate, Realtor, Real Estate Agency, Real Estate Company, Seacoast NH, Home buyers, home sellers, buyer agent, seller agent, listing agent

 

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How do you deal with competition In The Real Estate industry?

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