Are you a Linchpin or a Cog?

plumbing under sink

by Jay Zenner on July 6, 2010

Real estate marketing lessons from strange places.

I hadn’t talked to Homer in a while. Homer is a fellow real estate agent weathering the storm of a lousy housing market in a part time job at our favorite “big box” hardware store. When I ran into Homer he was in the “Tool Corral” where all the toys for guys are. It was almost Fathers Day so there were special displays clogging the aisles.

When Homer saw me, his eyes lit up and he came across and greeted me hardily. I was a little surprised. Working the plumbing aisle does not come with an executive salary and it’s hard on the feet. Previously when I’d seen him he was pleasant enough but a little sheepish and possibly embarrassed that he had to resort to this.

But today was different. There was a hop in his step and genuine pleasure in seeing me. Our conversation went something like this:

Me: Well what got into you? You seem unusually peppy for a very warm spring day.

Homer: I love the summer weather. But, hey, that’s not why I’m feeling good.

Me: You gonna share the secret? A new woman in your life? A big raise? You’ve got a client ready to make an offer?

Homer: Well, I do have a client and we may have found a home that he and his wife might buy. But that ain’t it. In fact, that may be more “effect” than “cause.”

Me: Huh?

Homer: Ha! That does sound a little…obtuse… I guess. This is the thing…I’ve been reading something pretty interesting…you’re a fan of Seth Godin, aren’t you?

Me: I am. I can remember reading his book about permission marketing before anyone had heard of him and then listening to it a couple more times on tape on rides up to Richmond to visit my family.

Homer: His latest book is call Linchpin.

[click to continue…]

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When the going gets tough…

A close up of a tough looking football player in helmet

by Jay Zenner on June 23, 2010

The tough get going.

There’s lots of hand wringing in our industry these days. This morning there were dueling headlines.  One indicated that new home sales had increased over 19% in May. The other said that there was a record drop in May of over 30%.

There are several reasons for the apparent contradiction.

First of all, the two statistics were measuring different things.  The rise was in closings and the drop was in new contracts and the latter only included new homes.  However, the net is that the end of the homebuyers tax credits finds us still in a very tough market.

What is your approach to this tough market?

I see two prevailing approaches. The first is what I characterize as “The Secret” approach. You know The Secret, the book…movie…whatever… that urges you to wish hard enough and make it so.  Now I’m all for positive thinking and maybe if we all wish hard enough things will come around.  But, I’m sorry, if you count on that you’re a fool. [click to continue…]

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Treat Your Listing Like a BMW

June 22, 2010
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Home marketers can learn from auto dealers. In our post about the real estate distribution system as flea market we had some fun describing how many ways they were similar. We could have just as easily compared the real estate market to a used car lot. Think about the experience of buying a used car. [...]

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Our Distribution System

June 16, 2010
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The Real Estate Flea Market Flea markets are fun.  If you read a few profiles on any of the dating sites and you’ll surely see flea markets as a “favorite thing to do” at least once. This conjures up languid Sunday mornings strolling through the makeshift booths holding hands, people watching and looking for bargains.  [...]

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Manspace

April 19, 2010

I found this short video while entertaining myself on Ted.com. What do you do when you’re asked to stage a home with a full sized boxing ring in the garage? Or a faux bowling alley in the back yard? I found this concept fascinating. Probably because I’m sitting in a room that was once a [...]

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Introducing Homer

April 19, 2010
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Big Box Lessons Lessons for Marketing Homes Note: Homer is a pseudonym for an underemployed agent friend of mine who has been working a one of the big box home improvement stores since the market took a dive.  I ran into him on the plumbing aisle on a slow day and he agreed to an [...]

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Where Are the Newspapers?

April 17, 2010
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Real estate and newspapers are two industries that could help each other out. The conventional wisdom is that newspaper advertising is a waste of money for real estate agents.  What those outside of real estate may not realize is that it never did much for marketing homes in the first place.  As the Hobbs-Herder folks [...]

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Luxury Marketing on the Left Coast

March 30, 2010
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Be impressed. A lot of trends start on the west coast and eventually find there way to the good Old North State where I live, but you have to wonder about this one. Why? We’ll discuss that in a moment but first take a couple of minutes to view this video in full screen and [...]

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The Pizza Wars

March 4, 2010
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What Domino’s can teach us about real estate marketing. No serious low-carb freak should do it but sometimes nothing but pizza will satisfy.  Since there is a Dominos between my home and my office I sometimes call and order a pizza and pick it up on the way home. The last time I did this [...]

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Real Estate Copy Writing

February 22, 2010
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How would you write a movie review? There are other posts here about copy writing in real estate but there are a lot of points that bear repeating and expansion.  Recently I wrote a post for another blog that focuses on luxury real estate. The basic theme was that what you are trying to do [...]

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