5 Reasons why a consistent corporate identity is critical
You’re competing with a lot of agents and brokers. How do you stand out? By showing an intimate knowledge of the area. You should always strive to know your neighbourhood like the back of your hand. Because when a potential client has a question, you want them to turn to you. Here is how you can become the local area expert of choice.
Research your neighbourhood
Placing time and effort into understanding the local real estate market will serve you well. Your potential clients consider property sales or rental history, demographics, and crime stats during the real estate process.
You should also have a clear idea of common property features, popular amenities, and the rules and regulations of living or operating in the area. The more you know your neighbourhood, the more you will be sought out for your services.
You can use the Prop Data Management System to build helpful one-liner stock reports. You can also turn to property trends reports from Lightstone, TPN, PayProp, FNB, and Standard Bank. A lot of this information is available online but your clients will not have the time or know-how to understand and interpret them.
Also, don’t overlook the experiences of local residents. Knock on doors and pick up the phone to find out what they love about the area, the challenges they face, and what they do to overcome them. These will prepare you for the questions potential clients may ask about the area.
Work on your agent or broker brand
Your brand emphasises your uniqueness and service offerings. It helps you stand out in a sea of other real estate professionals with similar goals. To create a brand your audience will love, understand who they are. Create a persona of your typical client to figure out their needs, experiences, behaviours, and goals. This will help you consider how your properties or services will benefit their lives.
Kim Moodley, a property broker at Blueprint Realty, specialises in properties in Umhlanga and Durban North. In her video, her brand comes through strongly. She speaks affectionately about the importance of family and her passion for her work. By shooting part of the video at the beach, she also brings in an important lifestyle feature her clients appreciate about these areas. Kim’s example shows the importance of authenticity and knowing your clients inside and out.
Market yourself in your area
Exposure is everything. Create an ongoing campaign that keeps you top of mind and positions you as the best choice for real estate assistance in your area. There is plenty you can do but these strategies are the golden standard for success.
Balancing your duties as a real estate professional and your marketing can be tricky. A good real estate marketing agency can tailor these strategies to your unique needs.
Strengthen your ties to the neighbourhood
Being a familiar face nurtures loyalty, and loyalty can lead to repeat business. Your online and print media strategy will work wonders for your reputation. But, you can also take matters into your own hands by networking. Making connections with the people, organisations, and businesses within your community will make it easier to achieve your goals.
Are you involved with a local charity, initiative, NGO, or school? Giving back through donations or volunteering time will earn you brownie points in your area. You make your livelihood through the area so it also makes sense to invest in its upliftment.
Immerse yourself by attending local meetings and events. You help people plant roots or do business in the community so you want to be part of meetings where important grievances are aired and decisions are made. Showing up at events like games, festivals, concerts, and business openings can also make you more familiar around the area.
Another way to take an active role is by signing up for local classes or becoming a member of a club. These will get you closer to the people you do business with. It will also help you learn more about the community in a setting they feel comfortable in.
Consider joining online communities and neighbourhood social media groups. These are an excellent window into the community. Be sure to add value to the conversation instead of just simply pushing your listings and services all the time.
Partnering with local businesses can also give you an edge. Understanding what businesses in the area offer can help you provide answers to client questions. The right connections can also help you promote your business or offer potential clients some exciting incentives.
Become a local area expert with Prop Data
Prop Data is a leader in real estate marketing and prop-tech solutions. We take pride in helping agents and brokers make a name for themselves in their communities. This month, we are offering 25% off our area profiles to help you show off your expertise. Ts & Cs apply. Complete this form for more information.